Revised forecast
Fiscal year ending March 2027 · Second quarter (interim period) and full yearPrevious forecast published 15 May 2026The bar length represents the relative magnitude of change, based on the item that changed the most in this document.
In light of the current business environment and the consolidated second-quarter earnings forecast, revenue was revised upward based on the expected pass-through of higher costs in the second half, resolution of equipment issues, recognition of revenue from postponed projects, and expansion of semiconductor-related demand. Ordinary profit and profit attributable to owners of the parent were also revised upward to reflect the recognition of foreign exchange gains.
| Item | Details |
|---|---|
| Net Sales | ¥189,000 million → ¥198,000 million（+4.8%） |
| Operating profit | ¥13,000 million → ¥13,000 million（0.0%） |
| Ordinary income | ¥13,000 million → ¥14,000 million（+7.7%） |
| Profit attributable to owners of the parent | ¥10,000 million → ¥10,500 million（+5.0%） |
| Net income per share | ¥219.14 → ¥230.10 |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Second quarter (interim period) and full year |
| Publication date of previous forecast | 15 May 2026 |
| Previous-period results | Full year ended March 2026: revenue ¥177,738 million, operating profit ¥13,609 million, ordinary profit ¥15,986 million, profit attributable to owners of the parent ¥26,071 million, and earnings per share ¥571.45 |
| Reason for the revision | In light of the current business environment and the consolidated second-quarter earnings forecast, revenue was revised upward based on the expected pass-through of higher costs in the second half, resolution of equipment issues, recognition of revenue from postponed projects, and expansion of semiconductor-related demand. Ordinary profit and profit attributable to owners of the parent were also revised upward to reflect the recognition of foreign exchange gains. |
| Dividend forecast revision | The forecast dividend was set at ¥47 per share at the end of the second quarter, ¥48 per share at fiscal year-end, and ¥95 per share for the full year. The previous full-year dividend forecast was ¥95 per share. |
| 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 revisions reflect the current business environment and the second-quarter earnings forecast. In the Refractories segment in the second half, the company expects to pass through increases in raw material and fuel costs and clear its order backlog as equipment issues at overseas affiliates are resolved. At Reframax in the Engineering segment, it expects to recognize revenue from construction projects, including projects postponed from earlier periods, and pass through higher costs. In the Insulation Materials and Advanced Equipment segment, it expects demand related to semiconductors to expand. The foreign exchange gain recorded in the first quarter was also reflected in ordinary profit and net profit.