Revised forecast
Fiscal year ending December 2026 · Full yearPrevious forecast published 7 August 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 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.
| Item | Details |
|---|---|
| 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 Covered | Fiscal year ending December 2026 |
| Period Covered | Full year |
| Publication date of previous forecast | 7 August 2026 |
| Previous-period results | Revenue ¥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 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. |
| Dividend forecast revision | The year-end dividend forecast for the fiscal year ending December 2026 remains unchanged at ¥47 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.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.