Revised forecast
Fiscal year ending March 2027 · Second quarter (interim period) and full yearPrevious forecast published 14 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.
For the interim period, revenue is expected to decline because a large US water treatment equipment project that had been expected to be ordered in the first half is now expected to be ordered in the second half, while profit is also expected to fall below the initial forecasts because of higher costs for a large water treatment equipment project in South Korea for which an order had already been received. For the full year, inquiries in each region remain steady and progress revenue from US projects is expected to be realized in the second half, but ordinary profit and profit attributable to owners of the parent are expected to fall below the initial forecasts following a review of interest expense on borrowings and other items.
| Item | Details |
|---|---|
| Net Sales | Second quarter (interim period) 34,500 / Full year 97,000 → Second quarter (interim period) 24,180 / Full year 97,000（Second quarter (interim period) △29.9% / Full year Not disclosed） |
| Operating profit | Second quarter (interim period) 3,600 / Full year 16,000 → Second quarter (interim period) 1,132 / Full year 16,000（Second quarter (interim period) △68.5% / Full year Not disclosed） |
| Ordinary income | Second quarter (interim period) 2,650 / Full year 15,000 → Second quarter (interim period) -141 / Full year 14,000（Second quarter (interim period) Not disclosed / Full year △6.7％） |
| Profit attributable to owners of the parent | Second quarter (interim period) 1,961 / Full year 11,100 → Second quarter (interim period) -91 / Full year 10,360（Second quarter (interim period) Not disclosed / Full year △6.7％） |
| Net income per share | Second quarter (interim period) 51.22 / Full year 289.90 → Second quarter (interim period) △2.37 / Full year 269.70 |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Second quarter (interim period) and full year |
| Publication date of previous forecast | 14 May 2026 |
| Previous-period results | Second quarter (interim period): revenue ¥25,193 million, operating profit ¥2,861 million, ordinary profit ¥2,060 million, interim net income attributable to owners of the parent ¥1,413 million, interim net income per share ¥37.26. Full year: revenue ¥56,245 million, operating profit ¥6,667 million, ordinary profit ¥5,629 million, net income attributable to owners of the parent ¥3,818 million, net income per share ¥100.36. |
| Reason for the revision | For the interim period, revenue is expected to decline because a large US water treatment equipment project that had been expected to be ordered in the first half is now expected to be ordered in the second half, while profit is also expected to fall below the initial forecasts because of higher costs for a large water treatment equipment project in South Korea for which an order had already been received. For the full year, inquiries in each region remain steady and progress revenue from US projects is expected to be realized in the second half, but ordinary profit and profit attributable to owners of the parent are expected to fall below the initial forecasts following a review of interest expense on borrowings and other items. |
| 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.For the interim period, the reasons include the expected delay until the second half of orders for a large US water treatment equipment project that had been expected in the first half, as well as higher costs for a large water treatment equipment project in South Korea for which an order had already been received. For the full year, ordinary profit and profit attributable to owners of the parent are expected to fall below the initial forecasts following a review of interest expense on borrowings and other items.