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Revision to earnings forecast6464TSUBAKI NAKASHIMA CO.,LTD.Machinery

Revision of the full-year consolidated earnings forecast for the fiscal year ending December 2026 and adjustment of the medium-term management plan due to impairment losses and losses associated with site reorganization

The full-year consolidated forecast for the fiscal year ending December 2026 was revised upward for revenue to ¥73,500 million due to foreign exchange effects, while operating profit and net profit were revised downward into losses due to impairment losses, site reorganization costs and other factors. The final year of the medium-term management plan was postponed from December 2029 to December 2030, and the revenue target was reduced to ¥78.5 billion.

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¥ million
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Revised forecast

Fiscal year ending December 2026 · Full yearPrevious forecast published 13 February 2026
Net Sales70,000→73,500million
+5.0%
Operating profit2,500→-10,100million
-504.0%
Profit attributable to owners of the parent500→-13,000million
-2,700.0%
Net income per share13.07→-339.76/ sen
-2,699.5%

The 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.

Reason for the revision

Revenue is expected to exceed the previous forecast by 5.0% due to foreign exchange effects. Operating profit will deteriorate due to impairment of property, plant and equipment and goodwill resulting from worsening business conditions in Europe, as well as provisions associated with additional plant closures. Loss before tax will deteriorate due to foreign exchange losses, and profit attributable to owners of the parent will deteriorate due to the reversal of deferred tax assets.

Details and amount of extraordinary loss

The company expects to record impairment losses of ¥7.8 billion in the third quarter, and provisions of ¥4.8 billion in the fourth quarter for equipment relocation costs, retirement payments and other costs associated with site reorganization, along with other expenses.

Previous-period resultsFiscal year ended December 2025: revenue ¥69,837 million, operating loss ¥22,336 million, loss before tax ¥23,992 million, loss attributable to owners of the parent ¥27,214 million, basic loss per share ¥702.80
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net Sales¥70,000 million → ¥73,500 million(+5.0%)
Operating profit¥2,500 million → ¥-10,100 million
Profit attributable to owners of the parent¥500 million → ¥-13,000 million
Net income per share¥13.07 / sen → ¥-339.76 / sen
Fiscal Period CoveredFiscal year ending December 2026
Period CoveredFull year
Publication date of previous forecast13 February 2026
Previous-period resultsFiscal year ended December 2025: revenue ¥69,837 million, operating loss ¥22,336 million, loss before tax ¥23,992 million, loss attributable to owners of the parent ¥27,214 million, basic loss per share ¥702.80
Reason for the revisionRevenue is expected to exceed the previous forecast by 5.0% due to foreign exchange effects. Operating profit will deteriorate due to impairment of property, plant and equipment and goodwill resulting from worsening business conditions in Europe, as well as provisions associated with additional plant closures. Loss before tax will deteriorate due to foreign exchange losses, and profit attributable to owners of the parent will deteriorate due to the reversal of deferred tax assets.
Details and amount of extraordinary lossThe company expects to record impairment losses of ¥7.8 billion in the third quarter, and provisions of ¥4.8 billion in the fourth quarter for equipment relocation costs, retirement payments and other costs associated with site reorganization, along with other expenses.
Consolidated / non-consolidatedConsolidated
Items this document does not state (2)
Ordinary incomeDividend forecast revision

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.

Although revenue is expected to exceed the previous forecast due to foreign exchange effects, operating profit will deteriorate due to impairment losses resulting from worsening business conditions in Europe and higher discount rates, as well as provisions associated with additional plant closures. The company also expects profit before tax to deteriorate due to foreign exchange losses and profit attributable to owners of the parent to deteriorate due to the reversal of deferred tax assets.

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Revision of the full-year consolidated earnings forecast for the fiscal year ending December 2026 and adjustment of the medium-term management plan due to impairment losses and losses associated with site reorganization | TSUBAKI NAKASHIMA CO.,LTD. (6464) timely disclosure | Komori