Revised forecast
Fiscal year ending March 2027 · Six months and full yearThe bar length represents the relative magnitude of change, based on the item that changed the most in this document.
While demand conditions are expected to remain firm against a backdrop of increased data center investment driven by the widespread adoption of generative AI, the company has conservatively factored in concerns over the procurement of certain raw materials resulting from the sharp increase in optical cable production. The company expects refunds of Trump tariffs and continued strong demand from data centers. It has not incorporated into its earnings forecast the impact of logistics disruptions resulting from a closure of the Strait of Hormuz or shortages and price increases for certain raw materials, as these factors are highly uncertain and their impact cannot be reasonably quantified.
Impairment loss: ¥58 million; business structure improvement costs: ¥3,426 million; other: ¥1 million; total extraordinary losses: ¥3,485 million
| Item | Details |
|---|---|
| Net Sales | Not disclosed → Cumulative second-quarter results 594,000 / Full year 1,243,000（Cumulative second-quarter results 6.3 / Full year 5.1） |
| Operating profit | Not disclosed → Cumulative second-quarter results 92,000 / Full year 211,000（Cumulative second-quarter results 2 / Full year 11.8） |
| Ordinary income | Not disclosed → Cumulative second-quarter results 95,000 / Full year 218,000（Cumulative second-quarter results 3.6 / Full year 9.3） |
| Profit attributable to owners of the parent | Not disclosed → Cumulative second-quarter results 67,000 / Full year 156,000（Cumulative second-quarter results -0.2 / Full year -0.7） |
| Net income per share | Not disclosed → Cumulative second-quarter results 40.47 / Full year 94.22 |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Six months and full year |
| Previous-period results | Net Sales ¥1,182,358 million / Operating profit ¥188,707 million / Ordinary income ¥199,481 million / Profit attributable to owners of the parent ¥157,163 million / Net income per share ¥94.93 |
| Reason for the revision | While demand conditions are expected to remain firm against a backdrop of increased data center investment driven by the widespread adoption of generative AI, the company has conservatively factored in concerns over the procurement of certain raw materials resulting from the sharp increase in optical cable production. The company expects refunds of Trump tariffs and continued strong demand from data centers. It has not incorporated into its earnings forecast the impact of logistics disruptions resulting from a closure of the Strait of Hormuz or shortages and price increases for certain raw materials, as these factors are highly uncertain and their impact cannot be reasonably quantified. |
| Details and amount of extraordinary loss | Impairment loss: ¥58 million; business structure improvement costs: ¥3,426 million; other: ¥1 million; total extraordinary losses: ¥3,485 million |
| Dividend forecast revision | The year-end dividend for the fiscal year ended March 2026 is expected to be ¥130 per share, an increase of ¥10 from the dividend forecast announced on 9 February 2026. For the fiscal year ending March 2027, the company forecasts an annual dividend of ¥38.0 per share, comprising an interim dividend of ¥19.0 and a year-end dividend of ¥19.0. |
| Consolidated / non-consolidated | Consolidated (summary of non-consolidated results also provided for reference) |
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.Against a backdrop of increased data center investment driven by the widespread adoption of generative AI, demand, particularly in the Information and Communications segment, is expected to remain firm. At the same time, the company has conservatively factored in concerns that procurement of certain raw materials, including hydrogen, may fail to keep pace with the sharp increase in optical cable production. While the company expects refunds of Trump tariffs and continued strong demand from data centers, it has not incorporated into its earnings forecast the highly uncertain impact of logistics disruptions resulting from a closure of the Strait of Hormuz or shortages and price increases for certain raw materials.