Revised forecast
Fiscal year ending March 2027 · Full year (1 April 2026 to 31 March 2027)Previous forecast published 27 April 2026The bar length represents the relative magnitude of change, based on the item that changed the most in this document.
Based on the first-quarter results, the company reflected the assumption that cast iron pipe sales volumes will remain low nationwide, price revisions to address rising costs across the board, and equipment removal costs and other expenses associated with establishing a manufacturing joint venture with KUBOTA CORPORATION.
| Item | Details |
|---|---|
| Net Sales | Undecided → ¥16,700 million |
| Operating profit | Undecided → ¥620 million |
| Ordinary income | Undecided → ¥480 million |
| Profit attributable to owners of the parent | Undecided → ¥210 million |
| Net income per share | Undecided → 65.36 yen and sen |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Full year (1 April 2026 to 31 March 2027) |
| Publication date of previous forecast | 27 April 2026 |
| Previous-period results | Net sales: ¥15,942 million; operating profit: ¥258 million; ordinary profit: ¥215 million; net profit attributable to owners of the parent: ¥91 million; basic earnings per share: ¥28.39 |
| Reason for the revision | Based on the first-quarter results, the company reflected the assumption that cast iron pipe sales volumes will remain low nationwide, price revisions to address rising costs across the board, and equipment removal costs and other expenses associated with establishing a manufacturing joint venture with KUBOTA CORPORATION. |
| Dividend forecast revision | The year-end dividend, which had been left undetermined, is expected to be ¥25 per share, bringing the total annual dividend to ¥25 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.Previously, the forecast was left undetermined because the outlook for the situation in the Middle East, global inflation, trade policies in various countries, foreign exchange movements, trends in pipeline installation projects, and raw material and energy prices remained uncertain, making a reasonable calculation impossible. Based on the first-quarter results, the company has now incorporated the assumption that cast iron pipe sales volumes will remain low nationwide, price revisions to address rising costs across the board, and equipment removal costs and other expenses associated with establishing a manufacturing joint venture with KUBOTA CORPORATION. The dividend was determined comprehensively, taking into account the earnings forecast, financial condition, and the need to address future capital investment, among other factors.