Revised forecast
Fiscal year ending March 2027 · Second quarter (interim period) and full yearPrevious forecast published 15 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 overseas markets, the effects of price revisions made in response to higher raw material costs were realized ahead of expectations. In Japan, however, the impact of the price revisions on net sales was delayed, and sales volume declined more than expected as higher costs were passed on. On the profit side, the forecast incorporates the expected mitigation of the impact on manufacturing costs through the adoption of the weighted-average method and increased raw material procurement through scrap recovery, lower-than-expected repair expenses and other costs, and the revenue growth effect in overseas markets. The full-year forecast has been calculated conservatively because the impact of higher raw material costs in the second half and the effects of raw material procurement measures remain uncertain.
| Item | Details |
|---|---|
| Net Sales | Interim period 12,000 / Full year 26,000 → Interim period 11,200 / Full year 24,400（Interim period -6.7 / Full year -6.2） |
| Operating profit | Interim period 390 / Full year 700 → Interim period 930 / Full year 840（Interim period 38.5 / Full year 20） |
| Ordinary income | Interim period 420 / Full year 780 → Interim period 960 / Full year 920（Interim period 28.6 / Full year 17.9） |
| Profit attributable to owners of the parent | Interim period 280 / Full year 520 → Interim period 670 / Full year 620（Interim period 39.3 / Full year 19.2） |
| Net income per share | Interim period 14.3 / Full year 26.56 → Interim period 34.22 / Full year 31.67 |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Second quarter (interim period) and full year |
| Publication date of previous forecast | 15 May 2026 |
| Previous-period results | Interim period: net sales of ¥8,417 million, operating profit of ¥322 million, ordinary profit of ¥306 million, interim net income attributable to owners of the parent of ¥196 million, and interim net income per share of ¥9.88. Full year: net sales of ¥17,446 million, operating profit of ¥822 million, ordinary profit of ¥883 million, net income attributable to owners of the parent of ¥573 million, and net income per share of ¥29.03. |
| Reason for the revision | In overseas markets, the effects of price revisions made in response to higher raw material costs were realized ahead of expectations. In Japan, however, the impact of the price revisions on net sales was delayed, and sales volume declined more than expected as higher costs were passed on. On the profit side, the forecast incorporates the expected mitigation of the impact on manufacturing costs through the adoption of the weighted-average method and increased raw material procurement through scrap recovery, lower-than-expected repair expenses and other costs, and the revenue growth effect in overseas markets. The full-year forecast has been calculated conservatively because the impact of higher raw material costs in the second half and the effects of raw material procurement measures remain uncertain. |
| Consolidated / non-consolidated | Consolidated |
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.In overseas markets, the effects of price revisions made in response to higher raw material costs were realized ahead of expectations. In Japan, however, the impact of the price revisions on net sales was delayed, and the decline in sales volume resulting from the passing on of higher costs exceeded expectations, prompting a downward revision to the net sales forecast. On the profit side, the forecast incorporates the expected mitigation of the impact of higher tungsten prices on costs through the adoption of the weighted-average method and increased raw material procurement through scrap recovery, lower-than-expected repair expenses and other costs, and the revenue growth effect in overseas markets. The full-year forecast has been calculated conservatively because the impact of higher raw material costs in the second half and the effects of procurement measures remain uncertain.