Revised forecast
Fiscal year ending March 2026 · Full yearPrevious forecast published 13 February 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.
Maintenance work in the concrete plant business of the Industrial Machinery Business continued to exceed expectations, while deliveries and acceptance inspections for certain orders in the Material Handling Machinery Business progressed ahead of schedule at the end of the fiscal year. Orders in the Metal Formed Products Business also continued to exceed expectations toward the end of the fiscal year. As a result, sales exceeded the previous forecast, and each profit figure also exceeded the previous forecast.
In the non-consolidated financial statements, a provision for investment losses of ¥408 million was recorded because the actual value of shares in consolidated subsidiary KITAGAWA MEXICO, S.A. DE C.V. declined.
| Item | Details |
|---|---|
| Net Sales | ¥57,300 million → ¥58,415 million（+1.9%） |
| Operating profit | ¥1,900 million → ¥2,688 million（+41.5%） |
| Ordinary income | ¥1,700 million → ¥2,545 million（+49.7%） |
| Profit attributable to owners of the parent | ¥2,600 million → ¥3,128 million（+20.3%） |
| Net income per share | 281.19 yen and sen → 338.25 yen and sen |
| Fiscal Period Covered | Fiscal year ending March 2026 |
| Period Covered | Full year |
| Publication date of previous forecast | 13 February 2026 |
| Previous-period results | Fiscal Period Covered Fiscal year ended March 2025 / Net Sales 57,280 Sales and profit: ¥ million; earnings per share: ¥ yen and sen / Operating profit 1,872 Sales and profit: ¥ million; earnings per share: ¥ yen and sen / Ordinary income 2,315 Sales and profit: ¥ million; earnings per share: ¥ yen and sen / Net income for the current fiscal year 1,246 Sales and profit: ¥ million; earnings per share: ¥ yen and sen / Net income per share 135.00 Sales and profit: ¥ million; earnings per share: ¥ yen and sen |
| Reason for the revision | Maintenance work in the concrete plant business of the Industrial Machinery Business continued to exceed expectations, while deliveries and acceptance inspections for certain orders in the Material Handling Machinery Business progressed ahead of schedule at the end of the fiscal year. Orders in the Metal Formed Products Business also continued to exceed expectations toward the end of the fiscal year. As a result, sales exceeded the previous forecast, and each profit figure also exceeded the previous forecast. |
| Details and amount of extraordinary loss | In the non-consolidated financial statements, a provision for investment losses of ¥408 million was recorded because the actual value of shares in consolidated subsidiary KITAGAWA MEXICO, S.A. DE C.V. declined. |
| Dividend forecast revision | The year-end dividend forecast was revised from ¥50.00 to ¥67.00, and the annual dividend forecast was revised from ¥85.00 to ¥102.00. |
| Consolidated / non-consolidated | Consolidated/non-consolidated |
The reasons the company gives
The company's own explanation, not something inferred from the numbers.Sales increased because maintenance work in the concrete plant business of the Industrial Machinery Business exceeded expectations, deliveries and acceptance inspections for certain orders in the Material Handling Machinery Business progressed ahead of schedule at the end of the fiscal year, and orders in the Metal Formed Products Business exceeded expectations. Each profit figure also exceeded the forecast. The dividend was increased based on the policy of paying dividends progressively with reference to net income and taking business performance into account. The extraordinary loss was recorded because the actual value of shares in consolidated subsidiary KITAGAWA MEXICO, S.A. DE C.V. declined.