Revised forecast
Fiscal year ending March 2027 · Second quarter (interim period)Previous forecast published 13 May 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.
Although sales of products related to brass and steel valves and of work scrap increased, earnings were pressured by higher brass material prices, other material prices and various expenses resulting from rising prices. Price increases for some products were also implemented later than planned, and part of their impact was deferred to the second half. Interim net income fell below the forecast due in part to the recognition of expenses related to the issuance of stock acquisition rights, in addition to the factors above.
| Item | Details |
|---|---|
| Net Sales | ¥3,500 million → ¥4,234 million（21.0%） |
| Operating profit | ¥55 million → ¥56 million（3.0%） |
| Ordinary income | ¥45 million → ¥34 million（△24.0%） |
| Profit attributable to owners of the parent | ¥35 million → ¥16 million（△52.2%） |
| Net income per share | ¥0.73 / sen → ¥0.34 / sen |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Second quarter (interim period) |
| Publication date of previous forecast | 13 May 2026 |
| Previous-period results | Sales: ¥3,214 million; operating income: ¥45 million; ordinary income: ¥39 million; interim net income: ¥20 million; interim net income per share: ¥0.42 |
| Reason for the revision | Although sales of products related to brass and steel valves and of work scrap increased, earnings were pressured by higher brass material prices, other material prices and various expenses resulting from rising prices. Price increases for some products were also implemented later than planned, and part of their impact was deferred to the second half. Interim net income fell below the forecast due in part to the recognition of expenses related to the issuance of stock acquisition rights, in addition to the factors above. |
| Dividend forecast revision | No revisions (no change to the full-year dividend forecast) |
Items this document does not state (2)
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.Sales of products related to brass and steel valves and of work scrap increased, but higher brass material prices, other material prices and various expenses resulting from rising prices weighed on earnings. In addition, price increases for some products were implemented later than planned, with part of their impact deferred to the second half. Interim net income was also affected by the recognition of expenses related to the issuance of stock acquisition rights in connection with financing for capacity expansion, among other factors.