Revised forecast
Fiscal year ending March 2027 · Six months ending June 2026, full yearPrevious forecast published 13 May 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.
In light of the recovery in orders in the Japan business, which has exceeded expectations since the fourth quarter of the previous fiscal year, the improvement in the cost ratio, and continued firm demand in overseas businesses, particularly in China and Southeast Asia, the forecasts for net sales and profit for the cumulative second quarter have been revised upward. The full-year forecast has also been revised upward to reflect the revised first-half forecast, while incorporating the risk of lower demand resulting from geopolitical risks in the Middle East and a gradual slowdown in the Chinese economy, with a cautious outlook assumed for the second half.
| Item | Details |
|---|---|
| Net Sales | Cumulative second-quarter results 22,100 / Full year 45,000 → Cumulative second-quarter results 23,000 / Full year 45,500（Cumulative second-quarter results 4.1 / Full year 1.1） |
| Operating profit | Cumulative second-quarter results 1,070 / Full year 2,300 → Cumulative second-quarter results 1,260 / Full year 2,400（Cumulative second-quarter results 17.8 / Full year 4.3） |
| Ordinary income | Cumulative second-quarter results 1,040 / Full year 2,250 → Cumulative second-quarter results 1,230 / Full year 2,400（Cumulative second-quarter results 18.3 / Full year 6.7） |
| Profit attributable to owners of the parent | Cumulative second-quarter results 340 / Full year 1,100 → Cumulative second-quarter results 600 / Full year 1,200（Cumulative second-quarter results 76.5 / Full year 9.1） |
| Net income per share | Cumulative second-quarter results 12.35 / Full year 39.95 → Cumulative second-quarter results 21.79 / Full year 43.58 |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Six months ending June 2026, full year |
| Publication date of previous forecast | 13 May 2026 |
| Previous-period results | Second quarter Net sales: ¥20,564 million; operating income: ¥989 million; ordinary income: ¥1,035 million; interim net income attributable to owners of the parent: ¥559 million; interim earnings per share: ¥20.32 / Full year Net sales: ¥42,100 million; operating income: ¥2,031 million; ordinary income: ¥2,201 million; net income attributable to owners of the parent: ¥851 million; earnings per share: ¥30.93 |
| Reason for the revision | In light of the recovery in orders in the Japan business, which has exceeded expectations since the fourth quarter of the previous fiscal year, the improvement in the cost ratio, and continued firm demand in overseas businesses, particularly in China and Southeast Asia, the forecasts for net sales and profit for the cumulative second quarter have been revised upward. The full-year forecast has also been revised upward to reflect the revised first-half forecast, while incorporating the risk of lower demand resulting from geopolitical risks in the Middle East and a gradual slowdown in the Chinese economy, with a cautious outlook assumed for the second half. |
| Dividend forecast revision | The dividend forecast has been revised from ¥10.00 per share to ¥10.05 for the second-quarter-end dividend and from ¥10.00 to ¥10.05 for the year-end dividend, increasing the annual dividend from ¥20.00 to ¥20.10 per share. |
| 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.In the Japan business, orders recovered more than expected from the fourth quarter of the previous fiscal year and the cost ratio improved. In addition, firm demand continued in overseas businesses, including China and Southeast Asia. For the full fiscal year, the forecast incorporates the risk of lower demand resulting from geopolitical risks in the Middle East and an economic slowdown in China, and assumes a cautious outlook for the second half.