Revised forecast
Fiscal year ending March 2027 · 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.
Based on the results for the interim consolidated accounting period and current demand trends, capital investment in key markets is expected to remain cautious in the Apparel Machinery Business, resulting in net sales falling below the forecast. In the Automotive Business, profit margins are expected to decline due to the difficult operating environment, higher raw material procurement costs and increased manufacturing costs resulting from lower operating rates. The company also expects foreign exchange losses and increases in tax expenses and deferred tax adjustments at overseas subsidiaries.
| Item | Details |
|---|---|
| Net Sales | ¥22,180 million → ¥20,306 million（-8.4%） |
| Operating profit | ¥840 million → ¥131 million（-84.4%） |
| Ordinary income | ¥510 million → ¥-122 million |
| Profit attributable to owners of the parent | ¥250 million → ¥-435 million |
| Net income per share | 10.44 yen → -18.15 yen |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Full year |
| Publication date of previous forecast | 13 May 2026 |
| Previous-period results | Net sales: ¥21,657 million; operating profit: ¥946 million; ordinary profit: ¥1,104 million; profit attributable to owners of parent: ¥323 million; earnings per share: ¥13.22 |
| Reason for the revision | Based on the results for the interim consolidated accounting period and current demand trends, capital investment in key markets is expected to remain cautious in the Apparel Machinery Business, resulting in net sales falling below the forecast. In the Automotive Business, profit margins are expected to decline due to the difficult operating environment, higher raw material procurement costs and increased manufacturing costs resulting from lower operating rates. The company also expects foreign exchange losses and increases in tax expenses and deferred tax adjustments at overseas subsidiaries. |
| Dividend forecast revision | The previously undetermined year-end dividend forecast has been revised to ¥65.00, and the annual dividend to ¥80.00. The second-quarter-end dividend is ¥15.00. |
| 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.The company cites the results for the interim consolidated accounting period and current demand trends as the basis for its revisions. In its key markets of Bangladesh, India and other Asian countries, companies are taking a cautious approach to capital investment due to the impact of the situation in the Middle East. Other factors include the difficult operating environment in the Automotive Business, higher raw material procurement costs, increased manufacturing costs due to lower operating rates, foreign exchange losses, and higher tax expenses and deferred tax adjustments at overseas subsidiaries. Regarding dividends, the company will enhance shareholder returns from the end of the current fiscal year, with a view to its policy of, in principle, returning at least 6% of equity through DOE, toward its target ROE of 7.5% for fiscal 2029.