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Revision of earnings forecasts6699DIAMOND ELECTRIC HOLDINGS Co.,Ltd.Electrical Equipment and Precision Instruments

Notice Regarding the Recognition of Non-Operating Income and Extraordinary Loss, and Differences Between the Consolidated Earnings Forecast and Actual Results for the Fiscal Year Ending March 2026

Actual full-year results for the fiscal year ending March 2026 exceeded the forecast announced on 12 February 2026. Net sales increased 1.9%, operating income increased 31.1%, ordinary income increased 61.1%, and net income attributable to owners of the parent increased 36.6%. The Company also recognized a foreign exchange gain of ¥824 million, an expense of ¥524 million for provision for product warranties, and an impairment loss of ¥441 million.

Worth reading
76Important
Scored from 4 of 5 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
61.1
%
Wording
Definitive
How definitive the wording is.

Revised forecast

Fiscal year ending March 2026 · Full yearPrevious forecast published 12 February 2026
Net Sales95,000→96,768million
+1.9%
Operating profit2,100→2,753million
+31.1%
Ordinary income1,700→2,738million
+61.1%
Profit attributable to owners of the parent600→819million
+36.6%
Net income per share70.92→94.1yen and sen
+32.7%

The 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.

Reason for the revision

Net sales were broadly in line with the forecast as the impact of exchange-rate movements had been incorporated. Operating income exceeded the forecast by ¥653 million due to continued efforts to eliminate defects, reduce costs and cut expenses, the recovery of additional tariffs in the United States, and the resolution of procurement and supply issues arising from China's rare-earth regulations. Ordinary income exceeded the forecast by ¥1,038 million as a result of the increase in operating income and exchange-rate movements. Although the Company recognized an extraordinary loss, net income attributable to owners of the parent exceeded the forecast by ¥219 million due to the increase in ordinary income.

Details and amount of extraordinary loss

Expense for provision for product warranties: ¥524 million; impairment loss: ¥441 million

Previous-period resultsNet sales: ¥91,724 million; operating income: ¥2,270 million; ordinary income: ¥1,467 million; net income attributable to owners of the parent: ¥411 million; net income per share: ¥49.14
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net Sales¥95,000 million → ¥96,768 million(+1.9%)
Operating profit¥2,100 million → ¥2,753 million(+31.1%)
Ordinary income¥1,700 million → ¥2,738 million(+61.1%)
Profit attributable to owners of the parent¥600 million → ¥819 million(+36.6%)
Net income per share70.92 yen and sen → 94.1 yen and sen
Fiscal Period CoveredFiscal year ending March 2026
Period CoveredFull year
Publication date of previous forecast12 February 2026
Previous-period resultsNet sales: ¥91,724 million; operating income: ¥2,270 million; ordinary income: ¥1,467 million; net income attributable to owners of the parent: ¥411 million; net income per share: ¥49.14
Reason for the revisionNet sales were broadly in line with the forecast as the impact of exchange-rate movements had been incorporated. Operating income exceeded the forecast by ¥653 million due to continued efforts to eliminate defects, reduce costs and cut expenses, the recovery of additional tariffs in the United States, and the resolution of procurement and supply issues arising from China's rare-earth regulations. Ordinary income exceeded the forecast by ¥1,038 million as a result of the increase in operating income and exchange-rate movements. Although the Company recognized an extraordinary loss, net income attributable to owners of the parent exceeded the forecast by ¥219 million due to the increase in ordinary income.
Details and amount of extraordinary lossExpense for provision for product warranties: ¥524 million; impairment loss: ¥441 million
Consolidated / non-consolidatedConsolidated
Items this document does not state (1)
Dividend forecast revision

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.

Net sales were broadly in line with the forecast as the impact of exchange-rate movements had been incorporated. Operating income exceeded the forecast due to continued efforts to eliminate defects, reduce costs and cut expenses, together with the recovery of additional tariffs in the United States and efforts to resolve procurement and supply issues arising from China's rare-earth regulations. Ordinary income benefited from the increase in operating income and the foreign exchange gain. Although the Company recognized an expense for provision for product warranties and an impairment loss, net income exceeded the forecast due to the increase in ordinary income.

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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding the Recognition of Non-Operating Income and Extraordinary Loss, and Differences Between the Consolidated Earnings Forecast and Actual Results for the Fiscal Year Ending March 2026 | DIAMOND ELECTRIC HOLDINGS Co.,Ltd. (6699) timely disclosure | Komori