Revised forecast
Fiscal year ending December 2026 · Second quarter (interim period) and full yearPrevious forecast published 13 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.
The full-year forecast was revised downward in light of the sluggish condominium market in the tile business, delays in construction starts, a narrower range of exterior wall tile applications, higher raw material, fuel and freight costs, the weaker yen, and the postponement of brokerage commissions in the real estate business and sales in the generator business to the third quarter and beyond. A ¥300 million provision for allowance for doubtful accounts on receivables from a subsidiary was recorded as a special loss.
Provision for allowance for doubtful accounts: ¥300 million
| Item | Details |
|---|---|
| Net Sales | ¥5,900 million → ¥5,200 million（-11.9%） |
| Operating profit | ¥-150 million → ¥-380 million |
| Ordinary income | ¥-140 million → ¥-350 million |
| Profit attributable to owners of the parent | ¥-260 million → ¥-810 million |
| Net income per share | -¥8.11 → -¥25.27 |
| Fiscal Period Covered | Fiscal year ending December 2026 |
| Period Covered | Second quarter (interim period) and full year |
| Publication date of previous forecast | 13 February 2026 |
| Previous-period results | Revenue ¥4,915 million, operating loss ¥664 million, ordinary loss ¥653 million, net income attributable to owners of the parent ¥740 million, and earnings per share ¥23.10 |
| Reason for the revision | The full-year forecast was revised downward in light of the sluggish condominium market in the tile business, delays in construction starts, a narrower range of exterior wall tile applications, higher raw material, fuel and freight costs, the weaker yen, and the postponement of brokerage commissions in the real estate business and sales in the generator business to the third quarter and beyond. A ¥300 million provision for allowance for doubtful accounts on receivables from a subsidiary was recorded as a special loss. |
| Details and amount of extraordinary loss | Provision for allowance for doubtful accounts: ¥300 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.The tile business was affected by the sluggish condominium market, delays in construction starts, a narrower range of exterior wall tile applications, higher raw material, fuel and freight costs, and the weaker yen. In the real estate and generator businesses, expected sales and brokerage commissions were pushed back to the third quarter and beyond. In addition, the company recorded a ¥300 million provision for allowance for doubtful accounts on receivables from a subsidiary as a special loss.