Revised forecast
Fiscal year ending November 2026 · Full yearPrevious forecast published 8 January 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.
Net sales and profit for the first half exceeded the initial plan because the yen depreciated more than initially expected and demand in the major markets remained generally firm. Although the second half will include uncertain factors such as raw material prices and geopolitical risks, the Company expects the firm demand environment to continue based on progress toward the earnings targets and order trends.
| Item | Details |
|---|---|
| Net Sales | ¥165,000 million → ¥185,000 million（+12.1%） |
| Operating profit | ¥22,000 million → ¥30,000 million（+36.4%） |
| Ordinary income | ¥23,000 million → ¥32,000 million（+39.1%） |
| Profit attributable to owners of the parent | ¥15,400 million → ¥21,000 million（+36.4%） |
| Net income per share | 187.46 yen and sen → 255.6 yen and sen |
| Fiscal Period Covered | Fiscal year ending November 2026 |
| Period Covered | Full year |
| Publication date of previous forecast | 8 January 2026 |
| Previous-period results | Net sales: ¥160,619 million; operating profit: ¥20,330 million; ordinary profit: ¥22,354 million; net income attributable to owners of the parent: ¥14,334 million; basic earnings per share: ¥172.11 (fiscal year ended November 2025) |
| Reason for the revision | Net sales and profit for the first half exceeded the initial plan because the yen depreciated more than initially expected and demand in the major markets remained generally firm. Although the second half will include uncertain factors such as raw material prices and geopolitical risks, the Company expects the firm demand environment to continue based on progress toward the earnings targets and order trends. |
| Dividend forecast revision | The year-end dividend forecast has been increased from ¥45.00 to ¥76.00, and the annual dividend forecast from ¥84.00 to ¥115.00. The interim dividend of ¥39.00 is unchanged from the initial forecast. |
| 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.During the first six months of the fiscal year, net sales and profit exceeded the initial plan because the yen depreciated more than initially expected and demand in the major markets remained generally firm. In the second half, based on progress toward the earnings targets and recent order trends, the Company expects the firm demand environment to continue.