Revised forecast
Fiscal year ending September 2026 · Full yearPrevious forecast published 12 November 2025The 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.
In addition to the valve business and electrical equipment-related business being expected to generate higher sales than initially projected, the increase in inventories and projects requiring provisions for order losses are expected to be below initial assumptions, and strong results through the third quarter are expected to continue through the fiscal year-end.
| Item | Details |
|---|---|
| Net Sales | ¥10,500 million → ¥11,200 million（+6.7%） |
| Operating profit | ¥700 million → ¥1,150 million（+64.3%） |
| Ordinary income | ¥750 million → ¥1,290 million（+72.0%） |
| Profit attributable to owners of the parent | ¥520 million → ¥820 million（+57.7%） |
| Net income per share | 221.77 yen → 349.55 yen |
| Fiscal Period Covered | Fiscal year ending September 2026 |
| Period Covered | Full year |
| Publication date of previous forecast | 12 November 2025 |
| Previous-period results | Fiscal year ended September 2025: net sales of ¥10,183 million, operating profit of ¥595 million, ordinary profit of ¥724 million, profit attributable to owners of the parent of ¥597 million, and earnings per share of ¥254.85 |
| Reason for the revision | In addition to the valve business and electrical equipment-related business being expected to generate higher sales than initially projected, the increase in inventories and projects requiring provisions for order losses are expected to be below initial assumptions, and strong results through the third quarter are expected to continue through the fiscal year-end. |
| Dividend forecast revision | The year-end dividend forecast has been increased from ¥20.00 to ¥35.00 per share, and the annual dividend forecast from ¥40.00 to ¥55.00 per share. The interim dividend of ¥20.00 per share has already been paid. |
| 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.The valve business and electrical equipment-related business are expected to generate higher sales than initially projected, the increase in inventories and projects requiring provisions for order losses are expected to be below initial assumptions, and strong results through the third quarter are expected to continue through the fiscal year-end.