Revised forecast
Fiscal year ending December 2026 · Full yearPrevious forecast published 16 February 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.
In the first half, raw material prices surged due to escalating tensions in the Middle East from the end of February, leading to the introduction of a surcharge system and revisions to selling prices. The increase in cost of sales was delayed because raw materials purchased before the price surge were used, while higher inventory unit costs also contributed to wider profit margins. The forecast takes into account the assumption that raw material prices will not change significantly in the second half and the impact of the first-half price increases being fully reflected in cost of sales during the second half.
| Item | Details |
|---|---|
| Net Sales | ¥21,100 million → ¥21,900 million（+3.8%） |
| Operating profit | ¥1,800 million → ¥3,100 million（+72.2%） |
| Ordinary income | ¥1,300 million → ¥2,700 million（+107.7%） |
| Profit attributable to owners of the parent | ¥800 million → ¥2,000 million（+150.0%） |
| Net income per share | 40.51 yen and sen → 101.27 yen and sen |
| Fiscal Period Covered | Fiscal year ending December 2026 |
| Period Covered | Full year |
| Publication date of previous forecast | 16 February 2026 |
| Previous-period results | Fiscal year ended December 2025: net sales of ¥19,776 million, operating income of ¥1,173 million, ordinary income of ¥680 million, net income attributable to owners of the parent of ¥697 million, and consolidated net income per share of ¥35.33 |
| Reason for the revision | In the first half, raw material prices surged due to escalating tensions in the Middle East from the end of February, leading to the introduction of a surcharge system and revisions to selling prices. The increase in cost of sales was delayed because raw materials purchased before the price surge were used, while higher inventory unit costs also contributed to wider profit margins. The forecast takes into account the assumption that raw material prices will not change significantly in the second half and the impact of the first-half price increases being fully reflected in cost of sales during the second half. |
| 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.Raw material prices surged as tensions escalated in the Middle East, prompting the introduction of a surcharge system and revisions to selling prices. The increase in cost of sales was delayed because raw materials purchased before the price surge were used, while higher inventory unit costs also contributed to wider profit margins. The forecast incorporates the assumption that raw material prices will not change significantly in the second half and the impact of the first-half price increases being reflected in cost of sales during the second half.