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Revision to earnings forecasts5943NORITZ CORPORATIONConstruction and Materials

Notice Regarding Revisions to Full-Year Consolidated Earnings Forecast

The full-year consolidated earnings forecast for the fiscal year ending December 2026 has been revised downward. Revenue, operating income and ordinary income have been reduced, while net income attributable to owners of the parent remains unchanged and earnings per share has been revised to ¥188.21.

Worth reading
76Important
Scored from 4 of 5 sections
Direction
Deterioration
Direction inferred from the company’s description.
Scale
-38.5
%
Wording
Conditional
How definitive the wording is.

Revised forecast

Fiscal year ending December 2026 · Full yearPrevious forecast published 7 August 2026
Net Sales214,000→208,000million
-2.8%
Operating profit4,500→2,800million
-37.8%
Ordinary income5,200→3,200million
-38.5%
Profit attributable to owners of the parent8,600→8,600million
0.0%
Net income per share—→—Yen/sen
—

The 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.

Reason for the revision

In the overseas business, housing-related demand has declined due to the prolonged stagnation of real estate market conditions in China, resulting in continued weakness in revenue. The revenue and operating income forecasts for the domestic business have not been revised.

Previous-period resultsRevenue ¥202,049 million, operating income ¥4,300 million, ordinary income ¥5,544 million, net income attributable to owners of the parent ¥3,358 million, earnings per share ¥73.51 (fiscal year ended December 2025)
Dividend forecast revisionThe year-end dividend forecast for the fiscal year ending December 2026 remains unchanged at ¥47 per share.
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net Sales¥214,000 million → ¥208,000 million(-2.8%)
Operating profit¥4,500 million → ¥2,800 million(-37.8%)
Ordinary income¥5,200 million → ¥3,200 million(-38.5%)
Profit attributable to owners of the parent¥8,600 million → ¥8,600 million
Net income per share¥188.07 → ¥188.21
Fiscal Period CoveredFiscal year ending December 2026
Period CoveredFull year
Publication date of previous forecast7 August 2026
Previous-period resultsRevenue ¥202,049 million, operating income ¥4,300 million, ordinary income ¥5,544 million, net income attributable to owners of the parent ¥3,358 million, earnings per share ¥73.51 (fiscal year ended December 2025)
Reason for the revisionIn the overseas business, housing-related demand has declined due to the prolonged stagnation of real estate market conditions in China, resulting in continued weakness in revenue. The revenue and operating income forecasts for the domestic business have not been revised.
Dividend forecast revisionThe year-end dividend forecast for the fiscal year ending December 2026 remains unchanged at ¥47 per share.
Consolidated / non-consolidatedConsolidated
Items this document does not state (1)
Details and amount of extraordinary loss

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.

This is because housing-related demand has declined in the overseas business due to the prolonged stagnation of real estate market conditions in China, resulting in continued weakness in revenue.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding Revisions to Full-Year Consolidated Earnings Forecast | NORITZ CORPORATION (5943) timely disclosure | Komori