Revised forecast
Fiscal year ending March 2027 · Full yearPrevious forecast published 11 May 2026The bar length represents the relative magnitude of change, based on the item that changed the most in this document. The percentage change shown by the dotted line is calculated from the two reported figures because the company did not provide the rate.
The pass-through of higher raw material costs into selling prices, particularly overseas, is expected to progress more than anticipated, while various measures to improve profitability are taking effect mainly in Europe, Asia and Africa. In Japan, however, results are expected to fall below the previous forecast due to delays in passing higher costs through to selling prices and other factors.
| Item | Details |
|---|---|
| Net Sales | ¥610,000 million → ¥630,000 million（+3.3%） |
| Operating profit | ¥53,000 million → ¥55,000 million（+3.8%） |
| Ordinary income | ¥55,000 million → ¥57,000 million（+3.6%） |
| Profit attributable to owners of the parent | ¥27,000 million → ¥28,000 million（+3.7%） |
| Net income per share | 153.37 yen and sen → 159.05 yen and sen |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Full year |
| Publication date of previous forecast | 11 May 2026 |
| Previous-period results | Net sales: ¥589,795 million; operating income: ¥49,726 million; ordinary income: ¥54,713 million; net income attributable to owners of the parent: ¥31,641 million; earnings per share: ¥179.65 |
| Reason for the revision | The pass-through of higher raw material costs into selling prices, particularly overseas, is expected to progress more than anticipated, while various measures to improve profitability are taking effect mainly in Europe, Asia and Africa. In Japan, however, results are expected to fall below the previous forecast due to delays in passing higher costs through to selling prices and other factors. |
| Dividend forecast revision | The interim dividend has been increased by ¥3 from ¥55 to ¥58, and the year-end dividend has likewise been increased by ¥3 from ¥55 to ¥58, raising the annual dividend by ¥6 from ¥110 to ¥116. |
| Consolidated / non-consolidated | Consolidated |
Items this document does not state (1)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The pass-through of higher raw material costs into selling prices, particularly overseas, has progressed more than expected, resulting in an outlook for higher net sales. In terms of profit, various measures to improve profitability are taking effect mainly in Europe, Asia and Africa, while in Japan, profit is expected to fall below the previous forecast due to delays in passing higher costs through to selling prices and other factors.