Revised forecast
Fiscal year ending March 2026 · Full yearPrevious forecast published 10 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.
Sales volumes declined due to weak sales by Japanese automakers in China in the special steel wire-related business, as well as labor shortages and the continued weakness in demand resulting from higher costs in the wire rope-related business. Meanwhile, gains on the sale of cross-shareholdings and insurance proceeds related to hail damage, among other items, were recognized as extraordinary income.
| Item | Details |
|---|---|
| Net Sales | ¥35,000 million → ¥33,074 million（-5.5%） |
| Operating profit | ¥950 million → ¥653 million（-31.3%） |
| Ordinary income | ¥950 million → ¥660 million（-30.5%） |
| Profit attributable to owners of the parent | ¥800 million → ¥1,120 million（+40.0%） |
| Net income per share | 135.37 yen and sen → 189.64 yen and sen |
| Fiscal Period Covered | Fiscal year ending March 2026 |
| Period Covered | Full year |
| Publication date of previous forecast | 10 November 2025 |
| Previous-period results | Net sales: ¥34,293 million; operating income: ¥1,167 million; ordinary income: ¥1,235 million; net income attributable to owners of the parent: ¥1,034 million; earnings per share: ¥175.04 (fiscal year ended March 2025) |
| Reason for the revision | Sales volumes declined due to weak sales by Japanese automakers in China in the special steel wire-related business, as well as labor shortages and the continued weakness in demand resulting from higher costs in the wire rope-related business. Meanwhile, gains on the sale of cross-shareholdings and insurance proceeds related to hail damage, among other items, were recognized as extraordinary income. |
| Dividend forecast revision | Year-end dividend forecast increased from ¥20 to ¥40 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.Sales volumes declined due to weak sales by Japanese automakers in China, labor shortages and the continued weakness in demand resulting from higher costs, causing net sales, operating income and ordinary income to fall below the forecasts. Meanwhile, net income exceeded the forecast because gains on the sale of cross-shareholdings and insurance proceeds related to hail damage, among other items, were recognized as extraordinary income. The dividend was increased after taking into account the strengthening of the management base, future business development and the policy of continuously returning profits to shareholders at a consolidated payout ratio of approximately 30–40%.