Revised forecast
Fiscal year ending June 2026 · Full yearPrevious forecast published 8 August 2025The 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 the energy-related business, sales to China declined, manufacturing of projects for markets outside China was pushed back, manufacturing fixed-cost burdens increased due to lower factory utilization, raw material prices and freight rates rose, and some orders already received were suspended. In the water-related business, there were many medium- and small-sized projects, and sales and operating income are therefore expected to fall below plan.
| Item | Details |
|---|---|
| Net Sales | ¥10,000 million → ¥7,500 million（-25.0%） |
| Operating profit | ¥1,700 million → ¥630 million（-62.9%） |
| Ordinary income | ¥1,700 million → ¥660 million（-61.2%） |
| Profit attributable to owners of the parent | ¥1,100 million → ¥450 million（-59.1%） |
| Net income per share | 157.68 yen → 64.55 yen |
| Fiscal Period Covered | Fiscal year ending June 2026 |
| Period Covered | Full year |
| Publication date of previous forecast | 8 August 2025 |
| Previous-period results | Net Sales 8,917 Millions of yen (excluding earnings per share) / Operating profit 1,519 Millions of yen (excluding earnings per share) / Ordinary income 1,509 Millions of yen (excluding earnings per share) / Profit attributable to owners of the parent 970 Millions of yen (excluding earnings per share) / Net income per share 138.9 Millions of yen (excluding earnings per share) |
| Reason for the revision | In the energy-related business, sales to China declined, manufacturing of projects for markets outside China was pushed back, manufacturing fixed-cost burdens increased due to lower factory utilization, raw material prices and freight rates rose, and some orders already received were suspended. In the water-related business, there were many medium- and small-sized projects, and sales and operating income are therefore expected to fall below plan. |
| 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 the energy-related business, sales to China declined, manufacturing of projects for markets outside China was pushed back, manufacturing fixed-cost burdens increased due to lower factory utilization, and raw material prices and freight rates rose. In addition, some projects were suspended because of customers' financing issues and prolonged discussions over specification changes. In the water-related business, there were many medium- and small-sized projects, and sales and profit are therefore expected to fall below plan.