Revised forecast
Fiscal year ending March 2026 · Full yearPrevious forecast published 30 October 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.
Demand for building materials for new housing remains weak against the backdrop of declining housing starts, and the increase in orders for renovation materials is not sufficient to offset the decline. Net sales are therefore expected to fall below the previous forecast. Operating profit and ordinary profit are expected to be in line with the previous forecast due to productivity improvements, cost reductions from operational streamlining, and reviews and negotiations concerning product prices. Although an extraordinary loss will be recorded in connection with the disposal of fixed assets, net income is expected to exceed the previous forecast due to gains on sales of securities resulting from the unwinding of cross-shareholdings and income taxes expected to be lower than the amount calculated at the effective tax rate.
Extraordinary loss related to the disposal of fixed assets. Amount: not disclosed.
| Item | Details |
|---|---|
| Net Sales | ¥8,300 million → ¥7,850 million（-5.4%） |
| Operating profit | ¥10 million → ¥10 million（0.0%） |
| Ordinary income | ¥170 million → ¥160 million（-5.9%） |
| Profit attributable to owners of the parent | ¥105 million → ¥160 million（+52.4%） |
| Net income per share | 10.02 yen and sen → 15.27 yen and sen |
| Fiscal Period Covered | Fiscal year ending March 2026 |
| Period Covered | Full year |
| Publication date of previous forecast | 30 October 2025 |
| Previous-period results | Fiscal year ended March 2025: net sales of ¥8,296 million, operating loss of ¥214 million, ordinary loss of ¥70 million, net income of ¥27 million, and basic earnings per share of ¥2.66. |
| Reason for the revision | Demand for building materials for new housing remains weak against the backdrop of declining housing starts, and the increase in orders for renovation materials is not sufficient to offset the decline. Net sales are therefore expected to fall below the previous forecast. Operating profit and ordinary profit are expected to be in line with the previous forecast due to productivity improvements, cost reductions from operational streamlining, and reviews and negotiations concerning product prices. Although an extraordinary loss will be recorded in connection with the disposal of fixed assets, net income is expected to exceed the previous forecast due to gains on sales of securities resulting from the unwinding of cross-shareholdings and income taxes expected to be lower than the amount calculated at the effective tax rate. |
| Details and amount of extraordinary loss | Extraordinary loss related to the disposal of fixed assets. Amount: not disclosed. |
| Dividend forecast revision | No revision (unchanged from the forecast announced on 14 May 2025) |
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.Demand for building materials for new housing remains weak against the backdrop of declining housing starts, and the increase in orders for renovation materials is not sufficient to offset the decline. Accordingly, the net sales forecast was revised downward. The previous forecasts for operating profit and ordinary profit are being maintained through productivity improvements, cost reductions from operational streamlining, and reviews and negotiations concerning product prices. Although an extraordinary loss will be recorded in connection with the disposal of fixed assets, net income was revised upward due to gains on sales of securities resulting from the unwinding of cross-shareholdings and income taxes expected to be lower than the amount calculated at the effective tax rate.