Revised forecast
Fiscal year ending September 2026 · Full yearPrevious forecast published 14 November 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.
Shipments of large crop-protection machines and powered sprayers for the agricultural distribution market are expected to increase in Japan, supported by strong demand resulting from persistently high wholesale rice prices. Overseas orders for industrial pumps are also expected to recover, resulting in forecasts for higher sales and profits.
| Item | Details |
|---|---|
| Net Sales | ¥42,000 million → ¥43,000 million（+2.4%） |
| Operating profit | ¥1,500 million → ¥1,800 million（+20.0%） |
| Ordinary income | ¥1,500 million → ¥1,750 million（+16.7%） |
| Profit attributable to owners of the parent | ¥900 million → ¥1,100 million（+22.2%） |
| Net income per share | 227.61 yen → 280.62 yen |
| Fiscal Period Covered | Fiscal year ending September 2026 |
| Period Covered | Full year |
| Publication date of previous forecast | 14 November 2025 |
| Previous-period results | Net sales: ¥41,266 million; operating profit: ¥1,080 million; ordinary profit: ¥1,173 million; net income attributable to owners of the parent: ¥743 million; net income per share: ¥184.32 |
| Reason for the revision | Shipments of large crop-protection machines and powered sprayers for the agricultural distribution market are expected to increase in Japan, supported by strong demand resulting from persistently high wholesale rice prices. Overseas orders for industrial pumps are also expected to recover, resulting in forecasts for higher sales and profits. |
| Dividend forecast revision | The annual dividend forecast has been increased from ¥75.00 to ¥80.00. The year-end dividend forecast has also been revised from ¥75.00 to ¥80.00. |
| 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.In Japan, shipments of large crop-protection machines and powered sprayers for the agricultural distribution market are expected to increase, supported by strong demand resulting from persistently high wholesale rice prices. Overseas, orders for industrial pumps are expected to recover, leading to forecasts for higher sales and profits. The dividend forecast was also revised based on the company's basic policy of considering factors including a dividend payout ratio of approximately 30% and DOE, in light of the revised earnings forecast.