Revised forecast
Fiscal year ending March 2027 · Second quarter (interim period) and full yearPrevious forecast published 6 August 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.
For a large water treatment equipment project for the U.S. electronics industry, design delays, quality issues, additional procurement of components and remanufacture of modules arose in responding to standards, design certifications and customer requirements, resulting in a significant increase in total estimated construction costs. The revenue forecast was raised based on sales progress in the chemicals business and the order status of the equipment business.
A provision for construction losses will be recorded, but the amount is not disclosed. A ¥36.2 billion loss on the valuation of shares in affiliated companies will be recorded in the non-consolidated financial results. The latter will be eliminated in consolidation and will have no impact on consolidated results.
| Item | Details |
|---|---|
| Net Sales | Interim period 198,000 / Full year 425,000 → Interim period 206,800 / Full year 455,000（Interim period 4.4 / Full year 7.1） |
| Operating profit | Interim period 23,500 / Full year 61,500 → Interim period 6,200 / Full year 40,000（Interim period -73.6 / Full year -35） |
| Profit attributable to owners of the parent | Interim period 24,600 / Full year 50,700 → Interim period 7,300 / Full year 28,700（Interim period -70.3 / Full year -43.4） |
| Net income per share | Interim period 228.11 / Full year 475.47 → Interim period 67.76 / Full year 269.41 |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Second quarter (interim period) and full year |
| Publication date of previous forecast | 6 August 2026 |
| Previous-period results | Interim period Net Sales 189,338 Millions of yen (yen and sen for per-share amounts) / Business profit 24,167 Millions of yen (yen and sen for per-share amounts) / Operating profit 25,408 Millions of yen (yen and sen for per-share amounts) / Interim profit before income taxes 25,224 Millions of yen (yen and sen for per-share amounts) / Interim profit attributable to owners of the parent 17,174 Millions of yen (yen and sen for per-share amounts) / Basic interim earnings per share 155.9 Millions of yen (yen and sen for per-share amounts) / Full year Net Sales 402,889 Millions of yen (yen and sen for per-share amounts) / Business profit 57,343 Millions of yen (yen and sen for per-share amounts) / Operating profit 58,290 Millions of yen (yen and sen for per-share amounts) / Pretax profit 58,160 Millions of yen (yen and sen for per-share amounts) / Profit for the period attributable to owners of the parent 15,957 Millions of yen (yen and sen for per-share amounts) / Basic earnings per share 145.34 Millions of yen (yen and sen for per-share amounts) |
| Reason for the revision | For a large water treatment equipment project for the U.S. electronics industry, design delays, quality issues, additional procurement of components and remanufacture of modules arose in responding to standards, design certifications and customer requirements, resulting in a significant increase in total estimated construction costs. The revenue forecast was raised based on sales progress in the chemicals business and the order status of the equipment business. |
| Details and amount of extraordinary loss | A provision for construction losses will be recorded, but the amount is not disclosed. A ¥36.2 billion loss on the valuation of shares in affiliated companies will be recorded in the non-consolidated financial results. The latter will be eliminated in consolidation and will have no impact on consolidated results. |
| Dividend forecast revision | No revision (there is no change to the dividend forecast) |
| Consolidated / non-consolidated | Consolidated (earnings forecast) / non-consolidated (loss on valuation of shares in affiliated companies) |
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.Design delays and quality issues arose in responding to U.S.-specific standards, design certifications and customer requirements, necessitating design changes, additional procurement of components and remanufacture of modules. As a result, the total estimated construction costs were significantly increased. This lowered the construction progress rate, reducing revenue and profit, and a provision for construction losses will be recorded. The revenue forecast was raised mainly based on sales progress in the chemicals business and the order status of the equipment business.