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Revision of earnings forecasts5988PIOLAX,INC.Construction and Materials

Summary of Financial Results for the Fiscal Year Ending March 2026 [Japanese GAAP] (Consolidated)

The company announced its consolidated results for the fiscal year ended March 2026 and newly presented its full-year consolidated forecasts for the fiscal year ending March 2027. The fiscal year ended March 2026 saw declines in revenue and profit, with net loss attributable to owners of the parent amounting to ¥21 million, while the company expects sales and profit to recover in the fiscal year ending March 2027.

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Revised forecast

Fiscal year ending March 2027 · Full year
Net Sales—→63,000million
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Operating profit—→1,500million
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Ordinary income—→1,500million
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Profit attributable to owners of the parent—→700million
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Net income per share—→27.45yen and sen
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The bar length represents the relative magnitude of change, based on the item that changed the most in this document.

Reason for the revision

Revenue and contribution margin declined due to production cuts by Japanese automakers, which are major customers, and the company recorded extraordinary losses, including impairment losses and enhanced early-retirement payments. In the next fiscal year, the company will pursue expanded sales to automakers in Japan and overseas and improve profitability through cost-structure reforms.

Details and amount of extraordinary loss

Enhanced early-retirement payments: ¥325 million; impairment losses: ¥423 million; total extraordinary losses: ¥749 million

Previous-period resultsFiscal year ended March 2026 results: net sales of ¥62,045 million, operating profit of ¥1,470 million, ordinary profit of ¥1,453 million, net loss attributable to owners of the parent of ¥21 million, and net loss per share of ¥0.85
Dividend forecast revisionFor the fiscal year ending March 2027, the company plans an interim dividend of ¥39, a year-end dividend of ¥53, and an annual dividend of ¥92. No specific statement regarding a revision to the dividend forecast was provided.
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net SalesNot disclosed → ¥63,000 million
Operating profitNot disclosed → ¥1,500 million
Ordinary incomeNot disclosed → ¥1,500 million
Profit attributable to owners of the parentNot disclosed → ¥700 million
Net income per shareNot disclosed → 27.45 yen and sen
Fiscal Period CoveredFiscal year ending March 2027
Period CoveredFull year
Previous-period resultsFiscal year ended March 2026 results: net sales of ¥62,045 million, operating profit of ¥1,470 million, ordinary profit of ¥1,453 million, net loss attributable to owners of the parent of ¥21 million, and net loss per share of ¥0.85
Reason for the revisionRevenue and contribution margin declined due to production cuts by Japanese automakers, which are major customers, and the company recorded extraordinary losses, including impairment losses and enhanced early-retirement payments. In the next fiscal year, the company will pursue expanded sales to automakers in Japan and overseas and improve profitability through cost-structure reforms.
Details and amount of extraordinary lossEnhanced early-retirement payments: ¥325 million; impairment losses: ¥423 million; total extraordinary losses: ¥749 million
Dividend forecast revisionFor the fiscal year ending March 2027, the company plans an interim dividend of ¥39, a year-end dividend of ¥53, and an annual dividend of ¥92. No specific statement regarding a revision to the dividend forecast was provided.
Consolidated / non-consolidatedConsolidated
Items this document does not state (1)
Publication date of previous forecast

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.

In the fiscal year ended March 2026, revenue and contribution margin declined due to production cuts by Japanese automakers, which are major customers. The company also recorded extraordinary losses, including impairment losses and enhanced early-retirement payments. The forecast for the fiscal year ending March 2027 assumes expanded sales to automakers in Japan and overseas and improved profitability through cost-structure reforms.

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Summary of Financial Results for the Fiscal Year Ending March 2026 [Japanese GAAP] (Consolidated) | PIOLAX,INC. (5988) timely disclosure | Komori