Revised forecast
Fiscal year ending March 2027 · Full yearPrevious forecast published 14 May 2026 (full-year earnings forecast and year-end dividend forecast; latest forecast for interim dividend: 6 August 2026)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.
As the newbuilding market remains firm and the global rollout of UE engines progresses, both the marine internal combustion engine business and the repair and parts business are performing steadily. Following completion of the hydrogen-fueled engine, production volumes are expected to recover in the second half as operating-load adjustments are resolved. Maintenance parts sales, parts supply to Chinese licensees, and royalty income also increased.
| Item | Details |
|---|---|
| Net Sales | 32,700 Millions of yen → 34,000 Millions of yen（4.0%） |
| Operating profit | 5,880 Millions of yen → 6,360 Millions of yen（8.2%） |
| Ordinary income | 6,890 Millions of yen → 7,580 Millions of yen（10.0%） |
| Profit attributable to owners of the parent | 5,010 Millions of yen → 5,510 Millions of yen（10.0%） |
| Net income per share | 597.59 yen, sen → 657.24 yen, sen |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Full year |
| Publication date of previous forecast | 14 May 2026 (full-year earnings forecast and year-end dividend forecast; latest forecast for interim dividend: 6 August 2026) |
| Previous-period results | Fiscal Period Covered Fiscal year ended March 2026 / Net Sales 29,707 Millions of yen (earnings per share in yen and sen) / Operating profit 5,458 Millions of yen (earnings per share in yen and sen) / Ordinary income 6,433 Millions of yen (earnings per share in yen and sen) / Net income for the current fiscal year 4,758 Millions of yen (earnings per share in yen and sen) / Net income per share 567.58 Millions of yen (earnings per share in yen and sen) |
| Reason for the revision | As the newbuilding market remains firm and the global rollout of UE engines progresses, both the marine internal combustion engine business and the repair and parts business are performing steadily. Following completion of the hydrogen-fueled engine, production volumes are expected to recover in the second half as operating-load adjustments are resolved. Maintenance parts sales, parts supply to Chinese licensees, and royalty income also increased. |
| Dividend forecast revision | The year-end dividend forecast was changed from ¥70.00 per share to ¥81.00 per share, an increase of ¥11.00, and the annual dividend forecast was changed from ¥100.00 per share to ¥111.00 per share. The interim dividend was ¥30.00 per share, in line with the latest forecast. |
Items this document does not state (2)
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 newbuilding market is remaining firm, and the global rollout of UE engines is progressing. For marine internal combustion engines, the completion of the hydrogen-fueled engine and a recovery in production volumes are expected. In repair and parts, maintenance parts sales are expected to remain firm, while parts supply and royalty income are expected to increase as production volumes at Chinese licensees rise.