Revised forecast
Fiscal year ending March 2027 · Full year and cumulative second quarterPrevious forecast published 31 July 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.
Although sales to the automotive sector were sluggish, demand for semiconductors and electronic components and devices, mainly for AI and data centers, remained solid. Advance orders placed in anticipation of tungsten supply shortages and price revisions also helped sales exceed forecasts. Securing materials inventory early and planning production in line with demand kept the cost of sales below plan, and profit substantially exceeded forecasts. In the second half, the company expects materials prices to remain elevated and affect costs, and plans to revise prices in December.
| Item | Details |
|---|---|
| Net Sales | ¥10,570 million → ¥11,100 million（+5.0%） |
| Operating profit | ¥1,170 million → ¥1,750 million（+49.6%） |
| Ordinary income | ¥1,180 million → ¥1,830 million（+55.1%） |
| Profit attributable to owners of the parent | ¥780 million → ¥1,230 million（+57.7%） |
| Net income per share | 33.16 Yen/sen → 52.28 Yen/sen |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Full year and cumulative second quarter |
| Publication date of previous forecast | 31 July 2026 |
| Previous-period results | Net sales: ¥9,494 million; operating profit: ¥1,959 million; ordinary profit: ¥2,011 million; net income attributable to owners of the parent: ¥1,442 million; earnings per share: ¥58.38 (fiscal year ended March 2026) |
| Reason for the revision | Although sales to the automotive sector were sluggish, demand for semiconductors and electronic components and devices, mainly for AI and data centers, remained solid. Advance orders placed in anticipation of tungsten supply shortages and price revisions also helped sales exceed forecasts. Securing materials inventory early and planning production in line with demand kept the cost of sales below plan, and profit substantially exceeded forecasts. In the second half, the company expects materials prices to remain elevated and affect costs, and plans to revise prices in December. |
| Dividend forecast revision | No revision (forecast year-end dividend: ¥15.0 per share) |
| Consolidated / non-consolidated | Consolidated/non-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.Although sales to the automotive sector were sluggish, demand for semiconductors and electronic components, mainly for AI and data centers, remained solid. Advance orders placed in anticipation of tungsten supply shortages and price revisions also boosted sales. In addition, securing materials inventory early and planning production in line with demand kept the cost of sales below plan, resulting in profit exceeding forecasts. In the second half, costs are expected to rise due to persistently high materials prices, and a price revision is scheduled for December.