Revised forecast
Fiscal year ending March 2027 · Full yearPrevious forecast published 5 August 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.
This is because the order environment for high-performance materials is favorable, supported by expanding demand in semiconductor-related fields and progress on large-scale projects in the oil and gas-related fields, while underlying demand for general stainless steel products is expected to remain firm, particularly in semiconductor-related applications.
| Item | Details |
|---|---|
| Net Sales | ¥174,000 million → ¥177,000 million（+1.7%） |
| Operating profit | ¥16,000 million → ¥18,500 million（+15.6%） |
| Ordinary income | ¥14,500 million → ¥16,500 million（+13.8%） |
| Profit attributable to owners of the parent | ¥9,000 million → ¥10,500 million（+16.7%） |
| Net income per share | 649.65 Yen/sen → 757.51 Yen/sen |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Full year |
| Publication date of previous forecast | 5 August 2026 |
| Previous-period results | Full year, fiscal year ending March 2026: revenue ¥150,866 million, operating profit ¥10,973 million, ordinary profit ¥9,657 million, net income attributable to owners of the parent ¥7,215 million, earnings per share ¥519.86 |
| Reason for the revision | This is because the order environment for high-performance materials is favorable, supported by expanding demand in semiconductor-related fields and progress on large-scale projects in the oil and gas-related fields, while underlying demand for general stainless steel products is expected to remain firm, particularly in semiconductor-related applications. |
| Dividend forecast revision | The year-end dividend forecast changed from ¥110 per share to ¥155, and the annual dividend from ¥220 to ¥265. The previous dividend forecast was announced on 8 May 2026. |
| 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.This is because the order environment for high-performance materials remains favorable, supported by expanding demand in semiconductor-related fields and progress on large-scale projects in the oil and gas-related fields, while underlying demand for general stainless steel products is expected to remain firm, particularly in semiconductor-related applications. The company cites its policy of strengthening its financial position and maintaining stable dividends, while taking into account the investments needed to develop its business foundation and its earnings outlook, as the reason for the dividend policy.