Revised forecast
Fiscal year ending December 2026 · 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.
Against the backdrop of growth in the generative AI-related market, demand for server package substrates for data centers and high-multilayer substrates increased, particularly overseas, and sales remained strong as the strengthened production structure expanded supply capacity. The weaker yen also made a significant contribution to profit, so the full-year forecast was revised based on actual results and the outlook for future demand.
| Item | Details |
|---|---|
| Net Sales | ¥49,600 million → ¥56,100 million（+13.1%） |
| Operating profit | ¥13,000 million → ¥16,800 million（+29.2%） |
| Ordinary income | ¥13,000 million → ¥17,400 million（+33.8%） |
| Profit attributable to owners of the parent | ¥9,500 million → ¥12,300 million（+29.5%） |
| Net income per share | 504.29 yen → 631.3 yen |
| Fiscal Period Covered | Fiscal year ending December 2026 |
| Period Covered | Full year |
| Publication date of previous forecast | 13 May 2026 |
| Previous-period results | Net sales: ¥40,165 million; operating profit: ¥8,728 million; ordinary profit: ¥8,136 million; profit attributable to owners of the parent: ¥6,114 million; earnings per share: ¥353.86 |
| Reason for the revision | Against the backdrop of growth in the generative AI-related market, demand for server package substrates for data centers and high-multilayer substrates increased, particularly overseas, and sales remained strong as the strengthened production structure expanded supply capacity. The weaker yen also made a significant contribution to profit, so the full-year forecast was revised based on actual results and the outlook for future demand. |
| Dividend forecast revision | The interim dividend was increased from ¥65.00 to ¥75.00 per share, the year-end dividend forecast from ¥65.00 to ¥75.00, and the annual dividend forecast from ¥130.00 to ¥150.00 per share. |
| 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.Against the backdrop of growth in the generative AI-related market, demand for server package substrates for data centers and high-multilayer substrates increased, particularly overseas. Sales remained strong as expanded production capacity strengthened the supply structure, while the weaker yen also contributed to higher profit. Accordingly, the full-year forecast was revised upward. Dividends were increased based on the revised results forecast and medium- to long-term business trends.