Revised forecast
Fiscal year ending March 2027 · Six months and full yearThe bar length represents the relative magnitude of change, based on the item that changed the most in this document.
While the global economy is expected to remain uncertain due to higher U.S. tariffs, a delayed recovery in the Chinese economy, and military conflicts in the Middle East, the company plans to transform its business structure to focus on earnings power, strengthen the management base across the global group, improve the quality of its existing businesses, and develop new businesses and products.
Impairment losses: ¥4,641 million; loss on business restructuring: ¥1,196 million; loss on reduction of fixed assets: ¥402 million; and valuation loss on shares of affiliates: ¥371 million. Total extraordinary losses: ¥6,612 million.
| Item | Details |
|---|---|
| Net Sales | Not disclosed → Cumulative second-quarter results 170,000 / Full year 350,000（Cumulative second-quarter results 25.3% year on year / Full year 18.3% year on year） |
| Operating profit | Not disclosed → Cumulative second-quarter results 10,700 / Full year 25,500（Cumulative second-quarter results 28.9% year on year / Full year 18.2% year on year） |
| Ordinary income | Not disclosed → Cumulative second-quarter results 12,000 / Full year 26,000（Cumulative second-quarter results 18.6% year on year / Full year 4.8% year on year） |
| Profit attributable to owners of the parent | Not disclosed → Cumulative second-quarter results 10,000 / Full year 22,000（Cumulative second-quarter results 0.8% year on year / Full year -25.9% year on year） |
| Net income per share | Not disclosed → Cumulative second-quarter results 98.10 / Full year 218.17 |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Six months and full year |
| Previous-period results | Fiscal year ended March 2026: net sales of ¥295,878 million, operating profit of ¥21,578 million, ordinary profit of ¥24,804 million, net income attributable to owners of the parent of ¥29,708 million, and net income per share of ¥295.80 |
| Reason for the revision | While the global economy is expected to remain uncertain due to higher U.S. tariffs, a delayed recovery in the Chinese economy, and military conflicts in the Middle East, the company plans to transform its business structure to focus on earnings power, strengthen the management base across the global group, improve the quality of its existing businesses, and develop new businesses and products. |
| Details and amount of extraordinary loss | Impairment losses: ¥4,641 million; loss on business restructuring: ¥1,196 million; loss on reduction of fixed assets: ¥402 million; and valuation loss on shares of affiliates: ¥371 million. Total extraordinary losses: ¥6,612 million. |
| Dividend forecast revision | For the fiscal year ending March 2027, the company plans to pay an interim dividend of ¥40 per share and a year-end dividend of ¥40, for an annual total of ¥80. No revision to the dividend forecast is explicitly stated. |
| Consolidated / non-consolidated | 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.For the fiscal year ended March 2026, net sales increased due to higher sales in the chain and mobility businesses and the new consolidation of DAIDO KOGYO CO., LTD., while operating profit and ordinary profit declined due to exhibition expenses for Expo 2025 Osaka, Kansai, and subsidiary acquisition-related expenses. Net income attributable to owners of the parent increased due to gains on negative goodwill and other factors. For the fiscal year ending March 2027, the company plans to advance a transformation of its business structure, strengthen its management base, improve the quality of its existing businesses, and develop new businesses and products, based on assumptions of uncertainty arising from higher U.S. tariffs, a delayed recovery in the Chinese economy, and military conflicts in the Middle East.