Revised forecast
Fiscal year ending March 2027 · Full yearPrevious forecast published 11 May 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.
In response to rising semiconductor demand, cables for industrial equipment and cables for semiconductor inspection equipment are expected to perform better than anticipated. Cables for North American utility-scale solar power plants are also expected to perform strongly against a backdrop of rising local electricity demand, while automotive cables are expected to remain firm, supported by new mass-produced products. Profit is also expected to exceed the previous forecast due to higher net sales, improved factory utilization, and measures to address soaring raw material prices. The assumed foreign exchange rate has been changed from ¥155 to ¥160 per US dollar, while the copper base price has not been changed.
| Item | Details |
|---|---|
| Net Sales | ¥43,000 million → ¥48,000 million（+11.6%） |
| Operating profit | ¥4,500 million → ¥5,500 million（+22.2%） |
| Ordinary income | ¥4,700 million → ¥5,700 million（+21.3%） |
| Profit attributable to owners of the parent | ¥3,400 million → ¥4,100 million（+20.6%） |
| Net income per share | 218.71 yen and sen → 263.74 yen and sen |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Full year |
| Publication date of previous forecast | 11 May 2026 |
| Previous-period results | Fiscal year ended March 2026: net sales of ¥38,423 million, operating profit of ¥4,416 million, ordinary profit of ¥4,639 million, net income attributable to owners of the parent of ¥1,642 million, and earnings per share of ¥105.87. |
| Reason for the revision | In response to rising semiconductor demand, cables for industrial equipment and cables for semiconductor inspection equipment are expected to perform better than anticipated. Cables for North American utility-scale solar power plants are also expected to perform strongly against a backdrop of rising local electricity demand, while automotive cables are expected to remain firm, supported by new mass-produced products. Profit is also expected to exceed the previous forecast due to higher net sales, improved factory utilization, and measures to address soaring raw material prices. The assumed foreign exchange rate has been changed from ¥155 to ¥160 per US dollar, while the copper base price has not been changed. |
| Dividend forecast revision | The interim dividend has been revised from ¥25 to ¥28 per share and the year-end dividend from ¥28 to ¥29 per share, increasing the annual dividend from ¥53 to ¥57 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.Cables for industrial equipment and cables for semiconductor inspection equipment are expected to perform strongly, exceeding expectations, amid rising semiconductor demand. Cables for North American utility-scale solar projects and automotive cables are also expected to remain strong or firm. In addition, profit is expected to exceed the previous forecast due to higher net sales, improved factory utilization, and measures to address soaring raw material prices.