Revised forecast
Fiscal year ending March 2027 · Interim consolidated accounting period and full yearPrevious forecast published 30 April 2026The bar length represents the relative magnitude of change, based on the item that changed the most in this document.
Demand for automotive-related products remained firm, while demand for products for semiconductor manufacturing equipment and other products expanded against the backdrop of increased demand for semiconductors for AI applications. Power transmission and transformation equipment in the United States was expanded amid growing data center investment, increasing demand for insulator products as well. The positive impact of the weaker yen also contributed. For the full year, strong demand for products for semiconductor manufacturing equipment is expected to continue as demand related to AI expands.
| Item | Details |
|---|---|
| Net Sales | Interim period 350,000 / Full year 710,000 → Interim period (actual) 371,306 / Full year (current forecast) 770,000（Interim period 6.1% / Full year 8.5%） |
| Operating profit | Interim period 53,000 / Full year 107,000 → Interim period (actual) 69,889 / Full year (current forecast) 130,000（Interim period 31.9% / Full year 21.5%） |
| Ordinary income | Interim period 53,000 / Full year 105,000 → Interim period (actual) 70,395 / Full year (current forecast) 126,000（Interim period 32.8% / Full year 20.0%） |
| Profit attributable to owners of the parent | Interim period 45,000 / Full year 82,000 → Interim period (actual) 60,800 / Full year (current forecast) 100,000（Interim period 35.1% / Full year 22.0%） |
| Net income per share | Interim period 159.03 / Full year 290.67 → Interim period (actual) 214.66 / Full year (current forecast) 354.02 |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Interim consolidated accounting period and full year |
| Publication date of previous forecast | 30 April 2026 |
| Previous-period results | Fiscal year ending March 2026, interim period: net sales of ¥326,204 million, operating income of ¥48,700 million, ordinary income of ¥46,667 million, interim net income attributable to owners of parent of ¥23,870 million, and interim net income per share of ¥81.58. Fiscal year ending March 2026: net sales of ¥670,125 million, operating income of ¥94,997 million, ordinary income of ¥95,202 million, net income attributable to owners of parent of ¥59,936 million, and net income per share of ¥206.32. |
| Reason for the revision | Demand for automotive-related products remained firm, while demand for products for semiconductor manufacturing equipment and other products expanded against the backdrop of increased demand for semiconductors for AI applications. Power transmission and transformation equipment in the United States was expanded amid growing data center investment, increasing demand for insulator products as well. The positive impact of the weaker yen also contributed. For the full year, strong demand for products for semiconductor manufacturing equipment is expected to continue as demand related to AI expands. |
| Dividend forecast revision | The interim and year-end dividend forecasts were each increased by ¥10 per share from the April 2026 forecast. Interim dividend: ¥63; year-end dividend: ¥63; annual dividend: ¥126. |
| 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.In the Environment Business, demand for automotive-related products remained firm. In the Digital Society Business, demand for products for semiconductor manufacturing equipment and other products expanded as demand for semiconductors for AI applications increased. In the Energy & Industry Business, investment in data centers drove the expansion of power transmission and transformation equipment in the United States, increasing demand for insulator products. The positive impact of the weaker yen also contributed.