Revised forecast
Fiscal year ending March 2027 · Interim period/full yearPrevious forecast published 20 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.
A decrease in order volumes from some major customers of the Chinese plant, lower profitability in the North American business, the impact of higher aluminum ingot prices, foreign exchange losses from the revaluation of foreign-currency-denominated receivables and payables, and the recognition of special retirement payments associated with the rationalization of the Chinese plant's production structure, among other factors. Revenue is expected to exceed the forecast due to selling price revisions, higher selling prices reflecting increased raw material prices, and the foreign currency translation impact of the weaker yen, among other factors.
Special retirement payments of ¥540 million associated with the rationalization of the production structure at the Chinese plant (recorded in the first quarter)
| Item | Details |
|---|---|
| Net Sales | Interim period 80,000 / Full year 161,600 → Interim period 87,800 / Full year 180,800（Interim period 9.8 / Full year 11.9） |
| Operating profit | Interim period -800 / Full year 1,400 → Interim period -1,200 / Full year 300（Interim period -50 / Full year -78.6） |
| Ordinary income | Interim period -1,200 / Full year 800 → Interim period -1,850 / Full year -800（Interim period -54.2 / Full year Not disclosed） |
| Profit attributable to owners of the parent | Interim period -700 / Full year 500 → Interim period -1,900 / Full year Undecided（Interim period -171.4 / Full year Not disclosed） |
| Net income per share | Interim period -28.18 / Full year 20.13 → Interim period -76.18 / Full year Undecided |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Interim period/full year |
| Publication date of previous forecast | 20 May 2026 |
| Previous-period results | Interim period Net Sales ¥82,090 million and yen/sen / Operating profit ¥1,804 million and yen/sen / Ordinary income ¥1,040 million and yen/sen / Interim net income attributable to owners of the parent ¥2,079 million and yen/sen / Interim net income per share ¥83.86 million and yen/sen / Full year Net Sales ¥167,092 million and yen/sen / Operating profit ¥3,739 million and yen/sen / Ordinary income ¥2,865 million and yen/sen / Profit attributable to owners of the parent ¥3,580 million and yen/sen / Net income per share ¥144.16 million and yen/sen |
| Reason for the revision | A decrease in order volumes from some major customers of the Chinese plant, lower profitability in the North American business, the impact of higher aluminum ingot prices, foreign exchange losses from the revaluation of foreign-currency-denominated receivables and payables, and the recognition of special retirement payments associated with the rationalization of the Chinese plant's production structure, among other factors. Revenue is expected to exceed the forecast due to selling price revisions, higher selling prices reflecting increased raw material prices, and the foreign currency translation impact of the weaker yen, among other factors. |
| Details and amount of extraordinary loss | Special retirement payments of ¥540 million associated with the rationalization of the production structure at the Chinese plant (recorded in the first quarter) |
| Dividend forecast revision | No change (interim ¥10, year-end ¥24, total ¥34) |
| Consolidated / non-consolidated | Consolidated |
The reasons the company gives
The company's own explanation, not something inferred from the numbers.Interim revenue is expected to exceed the previous forecast despite a decrease in order volumes from some major customers of the Chinese plant, due to selling price revisions in response to higher energy prices, labor costs and raw material prices, as well as the foreign currency translation impact of the weaker yen. On the profit side, the decrease in order volumes at the Chinese plant, lower profitability in the North American business and the impact of higher aluminum ingot prices, together with foreign exchange losses from the revaluation of foreign-currency-denominated receivables and payables and the recognition of special retirement payments associated with the rationalization of the Chinese plant's production structure, were factors driving results below the forecast. Full-year net income was left undetermined because the asset valuations of fixed assets and other assets in Asia and North America are under detailed review.