Revised forecast
Fiscal year ending March 2027 · Full year (1 April 2026 to 31 March 2027)Previous forecast published 12 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.
This is because sales of meters, measuring instruments and smart locks to customers other than electric power companies in the solutions business of the domestic measurement and control business fell below expectations, while sales declined in Oceania within the overseas measurement and control business. In addition, profitability is expected to deteriorate in some overseas projects, and costs are expected to increase due to higher raw material and component prices, among other factors.
| Item | Details |
|---|---|
| Net Sales | ¥101,000 million → ¥100,000 million（-1.0%） |
| Operating profit | ¥8,100 million → ¥6,100 million（-24.7%） |
| Ordinary income | ¥8,100 million → ¥6,300 million（-22.2%） |
| Profit attributable to owners of the parent | ¥4,800 million → ¥3,000 million（-37.5%） |
| Net income per share | 108.66 yen and sen → 68.37 yen and sen |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Full year (1 April 2026 to 31 March 2027) |
| Publication date of previous forecast | 12 May 2026 |
| Previous-period results | Net sales: ¥100,900 million; operating income: ¥6,526 million; ordinary income: ¥6,567 million; net income attributable to owners of the parent: ¥5,777 million; basic earnings per share: ¥129.22 (fiscal year ended March 2026) |
| Reason for the revision | This is because sales of meters, measuring instruments and smart locks to customers other than electric power companies in the solutions business of the domestic measurement and control business fell below expectations, while sales declined in Oceania within the overseas measurement and control business. In addition, profitability is expected to deteriorate in some overseas projects, and costs are expected to increase due to higher raw material and component prices, among other factors. |
| Dividend forecast revision | No revision. Annual dividends are expected to total ¥49 per share, comprising an interim dividend of ¥29 and a year-end dividend of ¥20. |
| 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.This was because sales of meters, measuring instruments and smart locks to customers other than electric power companies in the domestic measurement and control business fell below expectations, while sales in Oceania declined in the overseas measurement and control business. In addition, profitability deteriorated in some overseas projects, and costs increased due to higher raw material and component prices, among other factors.