Revised forecast
Fiscal year ending March 2027 · Second quarter (interim period) and full yearPrevious forecast published 14 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.
For the interim period, standalone net sales fell short of plan, and some overseas subsidiaries also came in below plan in local-currency terms. The core insecticide and gardening products businesses were affected by adverse weather and intensifying competition, while higher raw material prices stemming from the weaker yen and the situation in the Middle East caused purchasing costs and the cost ratio to deteriorate. At the same time, the company made proactive investments in advertising and sales promotion expenses, efficiently controlled other expenses and recorded extraordinary gains from the sale of investment securities. For the full year, the revised forecasts reflect the impact of the first-half sales shortfall, higher cost of sales and the effects of reviewing exchange-rate assumptions toward a stronger yen, while also reflecting the extraordinary gains recorded in the first half.
An extraordinary gain was recorded from the sale of investment securities. Amount: Not disclosed. Recognition of an extraordinary loss: Not disclosed.
| Item | Details |
|---|---|
| Net Sales | Second quarter (interim period), consolidated 45,400 / Second quarter (interim period), standalone 14,200 / Full-year consolidated 84,800 / Full-year Non-consolidated 25,800 → Second quarter (interim period), consolidated 44,325 / Second quarter (interim period), standalone 13,784 / Full-year consolidated 81,000 / Full-year Non-consolidated 25,200（Second quarter (interim period), consolidated △2.4％ / Second quarter (interim period), standalone △2.9％ / Full-year consolidated △4.5％ / Full-year Non-consolidated △2.3％） |
| Operating profit | Second quarter (interim period), consolidated 1,910 / Full-year consolidated 2,950 → Second quarter (interim period), consolidated 1,985 / Full-year consolidated 1,900（Second quarter (interim period), consolidated 3.9％ / Full-year consolidated △35.6％） |
| Ordinary income | Second quarter (interim period), consolidated 1,830 / Second quarter (interim period), standalone 1,100 / Full-year consolidated 2,810 / Full-year Non-consolidated 1,200 → Second quarter (interim period), consolidated 1,751 / Second quarter (interim period), standalone 930 / Full-year consolidated 1,850 / Full-year Non-consolidated 300（Second quarter (interim period), consolidated △4.3％ / Second quarter (interim period), standalone △15.4％ / Full-year consolidated △34.2％ / Full-year Non-consolidated △75.0％） |
| Profit attributable to owners of the parent | Second quarter (interim period), consolidated 920 / Second quarter (interim period), standalone 800 / Full-year consolidated 1,630 / Full-year Non-consolidated 1,030 → Second quarter (interim period), consolidated 1,961 / Second quarter (interim period), standalone 1,887 / Full-year consolidated 2,100 / Full-year Non-consolidated 1,640（Second quarter (interim period), consolidated 113.2％ / Second quarter (interim period), standalone 135.9％ / Full-year consolidated 28.8％ / Full-year Non-consolidated 59.2％） |
| Net income per share | Second quarter (interim period), consolidated 55.86 / Second quarter (interim period), standalone 48.55 / Full-year consolidated 98.91 / Full-year Non-consolidated 62.5 → Second quarter (interim period), consolidated 119.01 / Second quarter (interim period), standalone 114.54 / Full-year consolidated 127.43 / Full-year Non-consolidated 99.52 |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Second quarter (interim period) and full year |
| Publication date of previous forecast | 14 May 2026 |
| Previous-period results | Second quarter (interim period), consolidated Net sales ¥40,142 million, operating income ¥2,120 million, ordinary income ¥2,127 million, interim net income attributable to owners of the parent ¥1,326 million, interim net income per share ¥80.47 / Second quarter (interim period), standalone Net sales ¥13,597 million, ordinary income ¥970 million, interim net income ¥767 million, interim net income per share ¥46.59 / Full-year consolidated Net sales ¥77,366 million, operating income ¥2,190 million, ordinary income ¥2,262 million, net income attributable to owners of the parent ¥1,206 million, net income per share ¥73.24 / Full-year Non-consolidated Net sales ¥24,055 million, ordinary income ¥1,109 million, net income ¥888 million, net income per share ¥53.94 |
| Reason for the revision | For the interim period, standalone net sales fell short of plan, and some overseas subsidiaries also came in below plan in local-currency terms. The core insecticide and gardening products businesses were affected by adverse weather and intensifying competition, while higher raw material prices stemming from the weaker yen and the situation in the Middle East caused purchasing costs and the cost ratio to deteriorate. At the same time, the company made proactive investments in advertising and sales promotion expenses, efficiently controlled other expenses and recorded extraordinary gains from the sale of investment securities. For the full year, the revised forecasts reflect the impact of the first-half sales shortfall, higher cost of sales and the effects of reviewing exchange-rate assumptions toward a stronger yen, while also reflecting the extraordinary gains recorded in the first half. |
| Details and amount of extraordinary loss | An extraordinary gain was recorded from the sale of investment securities. Amount: Not disclosed. Recognition of an extraordinary loss: Not disclosed. |
| Consolidated / non-consolidated | Consolidated/non-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.For the interim period, sales fell short of plan due to adverse weather and intensifying competition, while purchasing costs increased because of the weaker yen and higher raw material prices. At the same time, the company invested in advertising and sales promotion expenses and managed other expenses efficiently. For the full year, the company expects sales to fall short of plan, cost of sales to increase and gross profit to decline due to a review of exchange-rate assumptions toward a stronger yen, while factoring in the impact of extraordinary gains from the sale of investment securities and other factors.