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 a review of production structures in the Japanese automotive industry, inventory adjustments, and increases in various costs and material prices are expected, the company expects to develop customers for its mold business, improve production efficiency in its precision components business, and benefit from the absorption-type merger of the Thai subsidiary in its filter business. The ordinary and net losses are attributed to initial investments associated with the launch in its first year of Nichidai Sansera Private Limited, which is expected to become an equity-method affiliate.
Impairment losses of ¥235.912 million, business restructuring expenses of ¥82.417 million, loss on disposal of fixed assets of ¥6.353 million, and loss on sale of membership rights of ¥0.700 million
| Item | Details |
|---|---|
| Net Sales | Not disclosed → Cumulative second-quarter results 5,350 / Full year 11,200(Cumulative second-quarter results △4.5% / Full year 1.9%) |
| Operating profit | Not disclosed → Cumulative second-quarter results -90 / Full year 10 |
| Ordinary income | Not disclosed → Cumulative second-quarter results -80 / Full year -85 |
| Profit attributable to owners of the parent | Not disclosed → Cumulative second-quarter results -95 / Full year -126 |
| Net income per share | Not disclosed → Cumulative second-quarter results -10.52 / Full year -13.95 |
| 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 ¥10,992 million, operating loss of ¥408 million, ordinary loss of ¥446 million, and net loss attributable to owners of the parent of ¥754 million |
| Reason for the revision | While a review of production structures in the Japanese automotive industry, inventory adjustments, and increases in various costs and material prices are expected, the company expects to develop customers for its mold business, improve production efficiency in its precision components business, and benefit from the absorption-type merger of the Thai subsidiary in its filter business. The ordinary and net losses are attributed to initial investments associated with the launch in its first year of Nichidai Sansera Private Limited, which is expected to become an equity-method affiliate. |
| Details and amount of extraordinary loss | Impairment losses of ¥235.912 million, business restructuring expenses of ¥82.417 million, loss on disposal of fixed assets of ¥6.353 million, and loss on sale of membership rights of ¥0.700 million |
| Dividend forecast revision | For the fiscal year ending March 2027: interim dividend of ¥2.00, year-end dividend of ¥4.00, and annual dividend of ¥6.00. No details were provided regarding revisions from the previous forecast. |
| 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 recovery in demand in the Japanese automotive industry was limited, while customer inventory adjustments and lower demand from major customers resulted in lower sales. Profit and loss was also affected by lower gross profit due to the decline in sales, higher material costs, impairment losses on fixed assets in the precision components business, foreign exchange losses, and business restructuring expenses associated with the merger of the Thai subsidiary. For the fiscal year ending March 2027, initial investments associated with the launch of an equity-method affiliate in its first year are cited as a factor behind the ordinary loss.