Revised forecast
Fiscal year ending August 2026 · Full year (1 September 2025 to 31 August 2026)Previous forecast published 9 October 2025The bar length represents the relative magnitude of change, based on the item that changed the most in this document.
The large domestic projects required additional time for on-site adjustments at customers’ factories, and customer acceptance of some equipment was not completed by the end of August 2026. Some modification projects for major U.S. customers were deferred to the fiscal year ending August 2027 because large-scale equipment relocation work was prioritized. Operating income and ordinary income are expected to increase due to high-margin relocation and modification projects and substantial reductions in material costs. A valuation loss on investment securities related to shares acquired in connection with the investment in Gosan Tech will be recorded.
Valuation loss on investment securities: ¥177 million (shares acquired in connection with the investment in Gosan Tech)
| Item | Details |
|---|---|
| Net Sales | Consolidated: 8,014; non-consolidated: 7,744 → Consolidated: 5,811; non-consolidated: 5,623（Consolidated: △27.5%; non-consolidated: △27.3%） |
| Operating profit | Consolidated: 760; non-consolidated: 685 → Consolidated: 846; non-consolidated: 807（Consolidated: 11.3%; non-consolidated: 17.8%） |
| Ordinary income | Consolidated: 766; non-consolidated: 690 → Consolidated: 880; non-consolidated: 826（Consolidated: 14.9%; non-consolidated: 19.7%） |
| Profit attributable to owners of the parent | Consolidated: 531; non-consolidated: 490 → Consolidated: 481; non-consolidated: 463（Consolidated: △9.4%; non-consolidated: △5.5%） |
| Net income per share | Consolidated: 24.59; non-consolidated: 22.68 → Consolidated: 22.84; non-consolidated: 21.96 |
| Fiscal Period Covered | Fiscal year ending August 2026 |
| Period Covered | Full year (1 September 2025 to 31 August 2026) |
| Publication date of previous forecast | 9 October 2025 |
| Previous-period results | Consolidated: net sales of ¥9,272 million, operating income of ¥1,920 million, ordinary income of ¥1,922 million, net income attributable to owners of the parent of ¥1,325 million, and basic earnings per share of ¥61.36. Non-consolidated: net sales of ¥8,915 million, operating income of ¥1,693 million, ordinary income of ¥1,696 million, net income of ¥1,150 million, and earnings per share of ¥53.25. |
| Reason for the revision | The large domestic projects required additional time for on-site adjustments at customers’ factories, and customer acceptance of some equipment was not completed by the end of August 2026. Some modification projects for major U.S. customers were deferred to the fiscal year ending August 2027 because large-scale equipment relocation work was prioritized. Operating income and ordinary income are expected to increase due to high-margin relocation and modification projects and substantial reductions in material costs. A valuation loss on investment securities related to shares acquired in connection with the investment in Gosan Tech will be recorded. |
| Details and amount of extraordinary loss | Valuation loss on investment securities: ¥177 million (shares acquired in connection with the investment in Gosan Tech) |
| Dividend forecast revision | No revision. The year-end dividend is expected to be maintained at ¥10 per share, as initially planned. |
| Consolidated / non-consolidated | Consolidated/non-consolidated |
The reasons the company gives
The company's own explanation, not something inferred from the numbers.Net sales are expected to decline due to delays in customer acceptance of large domestic projects and the deferral of modification projects for major U.S. customers to the fiscal year ending August 2027. Operating income and ordinary income will increase due to high-margin relocation and modification projects and substantial reductions in material costs, while net income will decline because a ¥177 million valuation loss on investment securities related to the investment in Gosan Tech will be recorded.