Revised forecast
Fiscal year ending December 2026 · Full yearPrevious forecast published 10 February 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.
The company expects higher net sales and operating profit in its domestic business, mainly in the domestic hot-water heating and air-conditioning sector, while anticipating lower net sales and operating profit in its overseas business due to the continued downturn in the Chinese market.
Loss on disposal of fixed assets: ¥134 million; valuation loss on investment securities: ¥251 million; total extraordinary losses: ¥386 million
| Item | Details |
|---|---|
| Net Sales | ¥210,000 million → ¥214,000 million（+1.9%） |
| Operating profit | ¥4,500 million → ¥4,500 million |
| Ordinary income | ¥5,500 million → ¥5,200 million（-5.5%） |
| Profit attributable to owners of the parent | ¥8,600 million → ¥8,600 million |
| Net income per share | ¥188.07 → ¥188.07 |
| Fiscal Period Covered | Fiscal year ending December 2026 |
| Period Covered | Full year |
| Publication date of previous forecast | 10 February 2026 |
| Previous-period results | Fiscal year ended December 2025: net sales of ¥202,049 million, operating profit of ¥4,300 million, ordinary profit of ¥5,544 million, net income attributable to owners of the parent of ¥3,358 million, and earnings per share of ¥73.51 |
| Reason for the revision | The company expects higher net sales and operating profit in its domestic business, mainly in the domestic hot-water heating and air-conditioning sector, while anticipating lower net sales and operating profit in its overseas business due to the continued downturn in the Chinese market. |
| Details and amount of extraordinary loss | Loss on disposal of fixed assets: ¥134 million; valuation loss on investment securities: ¥251 million; total extraordinary losses: ¥386 million |
| 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.The company expects higher net sales and operating profit in its domestic business, mainly in the domestic hot-water heating and air-conditioning sector, while anticipating lower net sales and operating profit in its overseas business due to the continued downturn in the Chinese market.