Revised forecast
Fiscal year ending March 2026 · Full yearPrevious forecast published 6 November 2025The 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.
Net sales were broadly in line with the previous forecast. Operating profit was above forecast due to growth in the springs business and other factors, despite the impact of the blast furnace fire accident that occurred in December. Ordinary income was above forecast because, in addition to the increase in operating profit, foreign exchange gains arose from the yen's depreciation. Net income attributable to owners of the parent was above forecast due to the increase in ordinary income, despite the recognition of a special loss related to blast furnace costs.
A special loss was recognized for blast furnace-related costs (amount not disclosed)
| Item | Details |
|---|---|
| Net Sales | ¥159,000 million → ¥154,557 million（-2.8%） |
| Operating profit | ¥4,400 million → ¥4,788 million（+8.8%） |
| Ordinary income | ¥3,000 million → ¥4,017 million（+33.9%） |
| Profit attributable to owners of the parent | ¥2,500 million → ¥3,055 million（+22.2%） |
| Net income per share | 165.33 yen → 202.04 yen |
| Fiscal Period Covered | Fiscal year ending March 2026 |
| Period Covered | Full year |
| Publication date of previous forecast | 6 November 2025 |
| Previous-period results | Net sales of ¥159,584 million, operating profit of ¥6,564 million, ordinary income of ¥4,854 million, net income attributable to owners of the parent of ¥2,363 million, and earnings per share of ¥155.92 (fiscal year ended March 2025) |
| Reason for the revision | Net sales were broadly in line with the previous forecast. Operating profit was above forecast due to growth in the springs business and other factors, despite the impact of the blast furnace fire accident that occurred in December. Ordinary income was above forecast because, in addition to the increase in operating profit, foreign exchange gains arose from the yen's depreciation. Net income attributable to owners of the parent was above forecast due to the increase in ordinary income, despite the recognition of a special loss related to blast furnace costs. |
| Details and amount of extraordinary loss | A special loss was recognized for blast furnace-related costs (amount not disclosed) |
| Dividend forecast revision | The year-end dividend will be increased by ¥1 from the latest forecast of ¥40.00 per share to ¥41.00. The planned annual dividend, including the interim dividend, is ¥81. |
| Consolidated / non-consolidated | Consolidated |
The reasons the company gives
The company's own explanation, not something inferred from the numbers.Operating profit was above forecast due to growth in the springs business and other factors, despite the impact of the blast furnace fire accident. Ordinary income was above forecast because, in addition to the increase in operating profit, foreign exchange gains arose from the yen's depreciation. Net income was above forecast due to the increase in ordinary income, despite the recognition of a special loss related to blast furnace costs. The dividend increase reflects net income attributable to owners of the parent exceeding the previous forecast.