Revised forecast
Fiscal year ending March 2026 · Full yearPrevious forecast published 12 November 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.
On a consolidated basis, the Company recorded an impairment loss on fixed assets of ¥9,835 million and deferred tax liabilities relating to retained earnings of overseas affiliates increased. On a non-consolidated basis, dividends received from affiliates increased, foreign exchange gains were recognized, gains on the sale of investment securities increased, and a gain on the return of a retirement benefit trust was recognized.
Impairment loss on fixed assets: ¥9,835 million
| Item | Details |
|---|---|
| Net Sales | ¥800,000 million → ¥816,879 million（+2.1%） |
| Operating profit | ¥47,000 million → ¥45,784 million（-2.6%） |
| Ordinary income | ¥53,000 million → ¥52,189 million（-1.5%） |
| Profit attributable to owners of the parent | ¥40,000 million → ¥27,862 million（-30.3%） |
| Net income per share | 196.15 yen and sen → 137.46 yen and sen |
| Fiscal Period Covered | Fiscal year ending March 2026 |
| Period Covered | Full year |
| Publication date of previous forecast | 12 November 2025 |
| Previous-period results | Non-consolidated, fiscal year ended March 2025: net sales of ¥359,434 million, operating profit of ¥22,921 million, ordinary profit of ¥39,404 million, net income of ¥32,075 million, and net income per share of ¥149.66 |
| Reason for the revision | On a consolidated basis, the Company recorded an impairment loss on fixed assets of ¥9,835 million and deferred tax liabilities relating to retained earnings of overseas affiliates increased. On a non-consolidated basis, dividends received from affiliates increased, foreign exchange gains were recognized, gains on the sale of investment securities increased, and a gain on the return of a retirement benefit trust was recognized. |
| Details and amount of extraordinary loss | Impairment loss on fixed assets: ¥9,835 million |
| Consolidated / non-consolidated | Consolidated / non-consolidated (standalone) |
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.Consolidated net income attributable to owners of the parent fell short of the forecast because the Company recorded an impairment loss on fixed assets of ¥9,835 million as an extraordinary loss at the Ina and Komagane plants and overseas subsidiaries, and deferred tax liabilities relating to retained earnings of overseas affiliates increased. On a non-consolidated basis, ordinary profit increased due to higher dividends received from affiliates and the recognition of foreign exchange gains, while net income increased due to higher gains on the sale of investment securities and the recognition of a gain on the return of a retirement benefit trust.