Revised forecast
Fiscal year ending March 2026 · Full yearPrevious forecast published 13 November 2025The 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.
Although the effects of inventory adjustments on second-half sales of cathode blocks for aluminum smelting were easing, the recovery took longer than expected, resulting in net sales and operating profit below the forecast. Ordinary profit exceeded the forecast because the yen remained weaker than expected and dividend income received from shares held increased, among other factors. Net income attributable to owners of the parent fell significantly below the forecast due to the recording of an extraordinary loss.
Impairment loss on manufacturing equipment for artificial graphite electrodes: ¥6,063 million
| Item | Details |
|---|---|
| Net Sales | ¥26,600 million → ¥25,101 million（-5.6%） |
| Operating profit | ¥4,100 million → ¥4,008 million（-2.2%） |
| Ordinary income | ¥5,300 million → ¥5,683 million（+7.2%） |
| Profit attributable to owners of the parent | ¥3,600 million → ¥-74 million |
| Net income per share | 179.57 yen → -3.72 yen |
| Fiscal Period Covered | Fiscal year ending March 2026 |
| Period Covered | Full year |
| Publication date of previous forecast | 13 November 2025 |
| Previous-period results | (For reference) Actual results for the previous fiscal year (fiscal year ended March 2025): net sales ¥31,179 million, operating profit ¥6,823 million, ordinary profit ¥7,716 million, net income attributable to owners of the parent ¥5,750 million, and net income per share ¥285.59 |
| Reason for the revision | Although the effects of inventory adjustments on second-half sales of cathode blocks for aluminum smelting were easing, the recovery took longer than expected, resulting in net sales and operating profit below the forecast. Ordinary profit exceeded the forecast because the yen remained weaker than expected and dividend income received from shares held increased, among other factors. Net income attributable to owners of the parent fell significantly below the forecast due to the recording of an extraordinary loss. |
| Details and amount of extraordinary loss | Impairment loss on manufacturing equipment for artificial graphite electrodes: ¥6,063 million |
| 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.Sales of cathode blocks for aluminum smelting recovered more slowly than expected, resulting in net sales and operating profit below the forecast. Ordinary profit exceeded the forecast because the yen remained weaker than expected and dividend income received from shares held increased, among other factors. Net income attributable to owners of the parent fell significantly below the forecast due to the recording of an impairment loss of ¥6,063 million on manufacturing equipment for artificial graphite electrodes.