Revised forecast
Fiscal year ending March 2026 · Full yearPrevious forecast published 13 February 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.
Orders in the domestic business have been recovering at a faster-than-expected pace in the fourth quarter, improving the cost ratio, while the overseas business has continued to perform steadily. As a result, earnings are expected to exceed the previously announced forecasts. The distribution channels also changed significantly as logistics operations were integrated in connection with the capital and business alliance, requiring careful examination of the impact on inventories and earnings. This caused the finalisation and announcement of the forecast figures to take additional time.
| Item | Details |
|---|---|
| Net Sales | ¥41,850 million → ¥42,100 million（+0.6%） |
| Operating profit | ¥1,700 million → ¥2,031 million（+19.5%） |
| Ordinary income | ¥1,860 million → ¥2,201 million（+18.3%） |
| Profit attributable to owners of the parent | ¥570 million → ¥851 million（+49.3%） |
| Net income per share | 20.7 yen → 30.94 yen |
| Fiscal Period Covered | Fiscal year ending March 2026 |
| Period Covered | Full year |
| Publication date of previous forecast | 13 February 2026 |
| Previous-period results | Net sales: ¥40,822 million; operating profit: ¥1,685 million; ordinary profit: ¥1,613 million; net income attributable to owners of the parent: ¥868 million; earnings per share: ¥33.65 |
| Reason for the revision | Orders in the domestic business have been recovering at a faster-than-expected pace in the fourth quarter, improving the cost ratio, while the overseas business has continued to perform steadily. As a result, earnings are expected to exceed the previously announced forecasts. The distribution channels also changed significantly as logistics operations were integrated in connection with the capital and business alliance, requiring careful examination of the impact on inventories and earnings. This caused the finalisation and announcement of the forecast figures to take additional time. |
| Dividend forecast revision | The forecast year-end dividend has been revised upward from ¥9.41 per share to ¥10.43, and the forecast annual dividend from ¥18.54 to ¥19.56. |
| 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.Orders in the domestic business have been recovering at a faster-than-expected pace in the fourth quarter, improving the cost ratio, while the overseas business has continued to perform steadily. As a result, earnings are expected to exceed the previous forecasts. In addition, the distribution channels changed significantly as logistics operations were integrated in connection with the capital and business alliance, requiring careful examination of the impact on inventories and earnings. This caused the finalisation and announcement of the forecast figures to take additional time.