Revised forecast
Fiscal year ending March 2026 · Full yearPrevious forecast published 15 May 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.
Operating income and ordinary income decreased mainly because of weak demand in the automotive equipment sector among Japanese customers in the Chinese market. In addition, net income attributable to owners of the parent decreased because the correction of prior-year tax filings by a Chinese subsidiary was reflected. On a non-consolidated basis, the reasons included the postponement of the production start dates for products in the automotive equipment sector and decreases in royalties, interest received, and dividends received from consolidated subsidiaries.
Impairment loss on shares in a Mexican subsidiary; provision for business losses (recorded in the previous fiscal year; amount not disclosed)
| Item | Details |
|---|---|
| Net Sales | ¥115,000 million → ¥112,726 million（-2.0%） |
| Operating profit | ¥1,800 million → ¥1,209 million（-32.8%） |
| Ordinary income | ¥1,500 million → ¥1,107 million（-26.2%） |
| Profit attributable to owners of the parent | ¥1,000 million → ¥283 million（-71.7%） |
| Net income per share | 33.96 yen and sen → 8.48 yen and sen |
| Fiscal Period Covered | Fiscal year ending March 2026 |
| Period Covered | Full year |
| Publication date of previous forecast | 15 May 2025 |
| Previous-period results | Net sales ¥131,938 million, operating income ¥2,149 million, ordinary income ¥1,646 million, net income attributable to owners of the parent negative ¥2,508 million, net income per share negative ¥90.49 |
| Reason for the revision | Operating income and ordinary income decreased mainly because of weak demand in the automotive equipment sector among Japanese customers in the Chinese market. In addition, net income attributable to owners of the parent decreased because the correction of prior-year tax filings by a Chinese subsidiary was reflected. On a non-consolidated basis, the reasons included the postponement of the production start dates for products in the automotive equipment sector and decreases in royalties, interest received, and dividends received from consolidated subsidiaries. |
| Details and amount of extraordinary loss | Impairment loss on shares in a Mexican subsidiary; provision for business losses (recorded in the previous fiscal year; amount not disclosed) |
| Consolidated / non-consolidated | Consolidated / non-consolidated (standalone) |
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.On a consolidated basis, weak demand in the automotive equipment sector among Japanese customers in the Chinese market reduced operating income and ordinary income, while the correction of prior-year tax filings by a Chinese subsidiary also affected net income attributable to owners of the parent. On a non-consolidated basis, the factors included the postponement of the production start dates for products in the automotive equipment sector and decreases in royalties, interest received, and dividends received from consolidated subsidiaries. Dividends from subsidiaries, rent received in connection with leasing the Kanagawa facility, and leasing expenses were also recognized.