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How definitive the wording is.Contents of this document
Medium-Term Management Plan PresentationFiscal year ended March 2026 (FY2025)7 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Full-year earnings forecastOrder intake: ¥300 billion (FY2026)
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Order intake achieved the initial forecastBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Order backlog decreased by ¥126.8 billion from the end of the previous fiscal year due to progress on major projects
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
It is difficult to reasonably quantify the impact of the situation in the Middle East on business performance. Shortages and rising prices of materials and supplies could affect domestic projects.New initiatives
- Established a Growth Promotion Headquarters and put in place a company-wide sales structure (launched in April 2026)
- Won an EPC contract from Idemitsu Kosan for a large-scale pilot plant for solid-state electrolytes
- Entered into a strategic partnership with Idemitsu Kosan aimed at the mass production of solid-state electrolytes
- Invested in Heirloom
- Invested in Ammobia
- Launched a core talent development and deployment program
Key KPIsA metric the company considers important as a management benchmark.
- FY2025 order intake¥2,980 million
- Order backlog as of March 2026¥6,131 millionYear on year against the same period last yearDown ¥126.8 billion from the end of the previous fiscal year
- First LNG production from Golden Pass LNG Train 1Achieve
Medium-term management plan targets
Cumulative order intake target under Management Plan 2025: ¥950 billion. Average order backlog target during the medium-term plan period: ¥600 billion. FY2025, the first year, recorded order intake of ¥298 billion, leaving ¥652 billion for the remaining period.Orders received and order backlog
FY2025 order intake¥298.0 billion
Expected FY2026 order intake¥300 billion
Order backlog as of March 2026¥613.1 billion
Change in order backlog from the end of the previous fiscal yearDown ¥126.8 billion from the end of the previous fiscal year
| Item | Details |
|---|---|
| Document type | Medium-Term Management Plan Presentation |
| Fiscal Period Covered | Fiscal year ended March 2026 (FY2025) |
| Full-year earnings forecast | Order intake: ¥300 billion (FY2026) |
| Self-assessment against the plan | Order intake achieved the initial forecast |
| Breakdown of Factors Affecting the Change | Order backlog decreased by ¥126.8 billion from the end of the previous fiscal year due to progress on major projects |
| Key KPIs | Indicator name FY2025 order intake / Value ¥2,980 million / Year on year against the same period last year Not disclosed, Indicator name Order backlog as of March 2026 / Value ¥6,131 million / Year on year against the same period last year Down ¥126.8 billion from the end of the previous fiscal year, Indicator name First LNG production from Golden Pass LNG Train 1 / Value Achieve / Year on year against the same period last year Not disclosed |
| Assumptions Underlying the Business Outlook | It is difficult to reasonably quantify the impact of the situation in the Middle East on business performance. Shortages and rising prices of materials and supplies could affect domestic projects. |
| Medium-term management plan targets | Cumulative order intake target under Management Plan 2025: ¥950 billion. Average order backlog target during the medium-term plan period: ¥600 billion. FY2025, the first year, recorded order intake of ¥298 billion, leaving ¥652 billion for the remaining period. |
| Orders received and order backlog | FY2025 order intake ¥298.0 billion / Expected FY2026 order intake ¥300 billion / Order backlog as of March 2026 ¥613.1 billion / Change in order backlog from the end of the previous fiscal year Down ¥126.8 billion from the end of the previous fiscal year |
| New initiatives | Established a Growth Promotion Headquarters and put in place a company-wide sales structure (launched in April 2026), Won an EPC contract from Idemitsu Kosan for a large-scale pilot plant for solid-state electrolytes, Entered into a strategic partnership with Idemitsu Kosan aimed at the mass production of solid-state electrolytes, Invested in Heirloom, Invested in Ammobia, Launched a core talent development and deployment program |
Items this document does not state (21)
Net SalesOperating profitOrdinary incomeNet incomeGross Profit MarginOperating profit marginSelling, general and administrative expensesResults for the three months of the current quarterProgress against full-year forecastSegment resultsUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookFinancial targetsAnnual DividendPayout ratioAcquisition of treasury sharesCapital expendituresMarket Size / ShareKey points of the Q&A
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 company stated that it was issuing the report again because the “Business Status Report” dated 11 May contained items requiring correction. It did not provide details of the corrections or the reasons for them.
How to read this page
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