Revised forecast
Fiscal year ending January 2027 · Second quarter (interim period) and full yearPrevious forecast published Announced on 13 March 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.
On a non-consolidated basis, higher demand for package substrates for AI-related applications, the recognition of order backlog as sales, and lower selling, general and administrative expenses are expected. On a consolidated basis, delays in winning orders for JPN,INC.'s new mass-production products and higher material prices will be downward factors, but consolidated results are expected to outperform due to the stronger-than-expected non-consolidated results and other factors.
| Item | Details |
|---|---|
| Net Sales | Consolidated 16,666 / Individual 7,210 → Consolidated 18,101 / Individual 8,388（Consolidated 8.6 / Individual 16.3） |
| Operating profit | Consolidated 1,155 / Individual 301 → Consolidated 1,443 / Individual 766（Consolidated 24.9 / Individual 154） |
| Ordinary income | Consolidated 1,206 / Individual 644 → Consolidated 1,491 / Individual 1,163（Consolidated 23.6 / Individual 80.4） |
| Profit attributable to owners of the parent | Consolidated 945 / Individual 490 → Consolidated 1,069 / Individual 852（Consolidated 13.1 / Individual 73.8） |
| Net income per share | Consolidated 118.41 / Individual 61.37 → Consolidated 133.92 / Individual 106.68 |
| Fiscal Period Covered | Fiscal year ending January 2027 |
| Period Covered | Second quarter (interim period) and full year |
| Publication date of previous forecast | Announced on 13 March 2026 |
| Previous-period results | Consolidated: net sales of ¥15,651 million, operating profit of ¥1,140 million, ordinary profit of ¥1,184 million, profit attributable to owners of parent of ¥890 million, and earnings per share of ¥110.62. Non-consolidated: net sales of ¥7,033 million, operating profit of ¥462 million, ordinary profit of ¥686 million, net profit of ¥482 million, and earnings per share of ¥60.00. |
| Reason for the revision | On a non-consolidated basis, higher demand for package substrates for AI-related applications, the recognition of order backlog as sales, and lower selling, general and administrative expenses are expected. On a consolidated basis, delays in winning orders for JPN,INC.'s new mass-production products and higher material prices will be downward factors, but consolidated results are expected to outperform due to the stronger-than-expected non-consolidated results and other factors. |
| Dividend forecast revision | The year-end dividend forecast was revised from ¥36 to ¥41 per share, an increase of ¥5. The annual total will therefore increase from ¥36 to ¥41. The second-quarter-end dividend forecast remains unchanged at ¥0. |
| Consolidated / non-consolidated | Consolidated / Non-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.On a non-consolidated basis, net sales are expected to increase due to higher demand for package substrates for AI-related applications and the recognition of order backlog as sales. Selling, general and administrative expenses were below expectations because the timing of repairs to aging equipment was changed to the second half of the fiscal year. On a consolidated basis, delays in winning orders for JPN,INC.'s new mass-production products and higher material prices are expected to be downward factors, but group-wide results are expected to exceed the previous forecast due to the stronger-than-expected non-consolidated results and other factors.