Revised forecast
Fiscal year ending March 2027 · Second quarter (interim period) and full yearPrevious forecast published 15 May 2026The bar length represents the relative magnitude of change, based on the item that changed the most in this document.
Revenue is expected to exceed the previous forecast due to the smooth launch of new products. However, the cost ratio is expected to remain high due to a review of the product portfolio, lower revenue from existing products because of weak demand after the lifting of limited shipments, increases in inventory valuation losses and disposal losses for off-specification products, higher raw material and supplies prices, and lower production efficiency, resulting in operating profit falling below expectations. Efficiency improvements in selling, general and administrative expenses and company-wide cost controls will not fully absorb the impact of the decline in profit.
| Item | Details |
|---|---|
| Net Sales | Second quarter (interim period) 101,000 / Full year 208,400 → Second quarter (interim period) 102,000 / Full year 212,700（Second quarter (interim period) 1 / Full year 2.1） |
| Operating profit | Second quarter (interim period) 13,100 / Full year 27,200 → Second quarter (interim period) 9,600 / Full year 22,900（Second quarter (interim period) -26.7 / Full year -15.8） |
| Profit attributable to owners of the parent | Second quarter (interim period) 8,900 / Full year 18,600 → Second quarter (interim period) 4,900 / Full year 13,700（Second quarter (interim period) -44.9 / Full year -26.3） |
| Net income per share | Second quarter (interim period) 77.08 / Full year 161.09 → Second quarter (interim period) 42.62 / Full year 118.49（Second quarter (interim period) -44.7 / Full year -26.4） |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Second quarter (interim period) and full year |
| Publication date of previous forecast | 15 May 2026 |
| Previous-period results | Second quarter (interim period): revenue of ¥98,843 million, core operating profit of ¥13,764 million, operating profit of ¥8,534 million, profit before tax of ¥7,962 million, interim profit attributable to owners of the parent of ¥5,846 million, and basic interim earnings per share of ¥50.63. Full year: revenue of ¥201,676 million, core operating profit of ¥24,778 million, operating profit of ¥15,894 million, profit before tax of ¥14,273 million, profit for the year attributable to owners of the parent of ¥10,438 million, and basic earnings per share of ¥90.39. |
| Reason for the revision | Revenue is expected to exceed the previous forecast due to the smooth launch of new products. However, the cost ratio is expected to remain high due to a review of the product portfolio, lower revenue from existing products because of weak demand after the lifting of limited shipments, increases in inventory valuation losses and disposal losses for off-specification products, higher raw material and supplies prices, and lower production efficiency, resulting in operating profit falling below expectations. Efficiency improvements in selling, general and administrative expenses and company-wide cost controls will not fully absorb the impact of the decline in profit. |
| Dividend forecast revision | No change |
| Consolidated / non-consolidated | Consolidated |
Items this document does not state (2)
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.While revenue is expected to exceed the forecast due to the launch of new products, profits are expected to fall below expectations because of lower revenue from existing products due to a review of the product portfolio and weak demand after the lifting of limited shipments, increases in inventory valuation losses and disposal losses for off-specification products, higher raw material and supplies prices, and lower production efficiency. The company expects that efficiency improvements in selling, general and administrative expenses and company-wide cost controls will not fully offset the impact of the decline in profit.