Revised forecast
Fiscal year ending December 2026 · Full yearPrevious forecast published 12 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.
Revenue has been increased by ¥130 billion from the previous forecast to reflect the ongoing depreciation of the yen. Operating profit has been revised upward by ¥100 billion, as the expected benefits of the weaker yen and U.S. tariff refunds are expected to outweigh factors reducing profit, including higher raw material costs resulting from the situation in the Middle East. Profit before tax has been increased by ¥100 billion, and profit for the period attributable to owners of the parent has been increased by ¥79 billion. The assumed exchange rates are ¥157 to the U.S. dollar and ¥183 to the euro.
| Item | Details |
|---|---|
| Net Sales | ¥3,150,000 million → ¥3,280,000 million（+4.1%） |
| Operating profit | ¥300,000 million → ¥400,000 million（+33.3%） |
| Profit attributable to owners of the parent | ¥210,000 million → ¥289,000 million（+37.6%） |
| Net income per share | 184.69 yen and sen → 255.55 yen and sen |
| Fiscal Period Covered | Fiscal year ending December 2026 |
| Period Covered | Full year |
| Publication date of previous forecast | 12 February 2026 |
| Previous-period results | Net Sales ¥3,018,891 million / Operating profit ¥265,470 million / Profit before tax ¥282,140 million / Profit for the period attributable to owners of the parent ¥186,687 million / Basic earnings per share 163.44 yen and sen |
| Reason for the revision | Revenue has been increased by ¥130 billion from the previous forecast to reflect the ongoing depreciation of the yen. Operating profit has been revised upward by ¥100 billion, as the expected benefits of the weaker yen and U.S. tariff refunds are expected to outweigh factors reducing profit, including higher raw material costs resulting from the situation in the Middle East. Profit before tax has been increased by ¥100 billion, and profit for the period attributable to owners of the parent has been increased by ¥79 billion. The assumed exchange rates are ¥157 to the U.S. dollar and ¥183 to the euro. |
| Dividend forecast revision | No change (the full-year dividend forecast for the fiscal year ending December 2026 is ¥52.00) |
| Consolidated / non-consolidated | Consolidated |
Items this document does not state (2)
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 revenue forecast incorporates the ongoing depreciation of the yen, while the operating profit forecast reflects the expected benefits of the weaker yen and U.S. tariff refunds. The company explained that these positive factors are expected to outweigh factors reducing profit, including higher raw material costs resulting from the situation in the Middle East.