Revised forecast
Fiscal year ending March 2026 · Full yearPrevious forecast published 13 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.
Following the finalization of the market launch of the new hydraulic excavator series, the Company accelerated flexible sales of inventory products in the fourth quarter, resulting in revenue close to the previous forecast. Profit was below forecast due to sales initiatives aimed at quickly bringing inventory levels to an appropriate level, restrained factory operations, deterioration in the manufacturing cost ratio caused by higher material prices and logistics costs, and the recognition of various expenses related to the development of new models.
| Item | Details |
|---|---|
| Net Sales | ¥57,000 million → ¥56,335 million（-1.2%） |
| Operating profit | ¥-500 million → ¥-2,320 million |
| Ordinary income | ¥-1,000 million → ¥-1,841 million |
| Profit attributable to owners of the parent | ¥5,800 million → ¥4,526 million（-22.0%） |
| Net income per share | 508.60 yen and sen → 398.71 yen and sen |
| Fiscal Period Covered | Fiscal year ending March 2026 |
| Period Covered | Full year |
| Publication date of previous forecast | 13 February 2026 |
| Previous-period results | Net Sales ¥52,932 million (yen and sen for net income per share) / Operating profit ¥903 million (yen and sen for net income per share) / Ordinary income ¥1,401 million (yen and sen for net income per share) / Profit attributable to owners of the parent ¥-6,033 million (yen and sen for net income per share) / Net income per share ¥-514.48 million (yen and sen for net income per share) |
| Reason for the revision | Following the finalization of the market launch of the new hydraulic excavator series, the Company accelerated flexible sales of inventory products in the fourth quarter, resulting in revenue close to the previous forecast. Profit was below forecast due to sales initiatives aimed at quickly bringing inventory levels to an appropriate level, restrained factory operations, deterioration in the manufacturing cost ratio caused by higher material prices and logistics costs, and the recognition of various expenses related to the development of new models. |
| Dividend forecast revision | No revision (unchanged) |
| 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.Revenue was close to the previous forecast because, following the finalization of the market launch of the new hydraulic excavator series, the Company accelerated flexible sales of inventory products in the fourth quarter. Profit was below forecast due to sales initiatives aimed at quickly bringing inventory levels to an appropriate level, restrained factory operations, deterioration in the manufacturing cost ratio caused by higher material prices and logistics costs, and the recognition of various expenses related to the development of new models. Although the Company recorded an extraordinary gain upon completion of the transfer of its interest in a Chinese subsidiary, net income was below the previous forecast due to the factors described above.