Komori
Revision of earnings forecasts6728ULVAC, Inc.Electrical Equipment and Precision Instruments

Notice Concerning Revisions to Full-Year Earnings Forecasts and Dividend Forecasts

The full-year forecast for the fiscal year ending June 2026 has been revised to increase net sales by ¥100 billion, while operating profit and ordinary profit have each been reduced by ¥9.5 billion and net income attributable to owners of the parent has been reduced by ¥1.5 billion. Accordingly, the year-end dividend forecast has been reduced from ¥164 to ¥152.

Worth reading
63In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
-33
%
Wording
Definitive
How definitive the wording is.

Revised forecast

Fiscal year ending June 2026 · Full yearPrevious forecast published 13 August 2025
Net Sales250,000→260,000million
+4.0%
Operating profit28,500→19,000million
-33.0%
Ordinary income28,500→19,000million
-33.0%
Profit attributable to owners of the parent20,000→18,500million
-7.5%
Net income per share405.99→375.97
-7.4%

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

Operating profit, ordinary profit and net income attributable to owners of the parent have been revised due to the decline in high-margin projects involving power devices and optoelectronic devices, among others, as well as the impact of recognizing EV-related costs. Orders received have been revised upward to ¥310 billion due to increases in orders for semiconductors, displays and general industrial applications, among others.

Previous-period resultsNet sales of ¥251,184 million, operating profit of ¥26,523 million, ordinary profit of ¥28,605 million, net income attributable to owners of the parent of ¥16,687 million, and basic earnings per share of ¥338.74 (fiscal year ended June 2025)
Dividend forecast revisionThe year-end dividend has been revised downward from ¥164.00 to ¥152.00. The annual dividend has also been reduced from ¥164.00 to ¥152.00. The payout ratio of 40.4% stated in the previous forecast will be maintained.
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net Sales¥250,000 million → ¥260,000 million(+4.0%)
Operating profit¥28,500 million → ¥19,000 million(-33.0%)
Ordinary income¥28,500 million → ¥19,000 million(-33.0%)
Profit attributable to owners of the parent¥20,000 million → ¥18,500 million(-7.5%)
Net income per share¥405.99 → ¥375.97
Fiscal Period CoveredFiscal year ending June 2026
Period CoveredFull year
Publication date of previous forecast13 August 2025
Previous-period resultsNet sales of ¥251,184 million, operating profit of ¥26,523 million, ordinary profit of ¥28,605 million, net income attributable to owners of the parent of ¥16,687 million, and basic earnings per share of ¥338.74 (fiscal year ended June 2025)
Reason for the revisionOperating profit, ordinary profit and net income attributable to owners of the parent have been revised due to the decline in high-margin projects involving power devices and optoelectronic devices, among others, as well as the impact of recognizing EV-related costs. Orders received have been revised upward to ¥310 billion due to increases in orders for semiconductors, displays and general industrial applications, among others.
Dividend forecast revisionThe year-end dividend has been revised downward from ¥164.00 to ¥152.00. The annual dividend has also been reduced from ¥164.00 to ¥152.00. The payout ratio of 40.4% stated in the previous forecast will be maintained.
Consolidated / non-consolidatedConsolidated
Items this document does not state (1)
Details and amount of extraordinary loss

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 revisions reflect a decline in high-margin projects involving power devices and optoelectronic devices, among others, as well as the recognition of EV-related costs. The dividend forecast was revised to maintain the consolidated payout ratio of 40.4% stated in the previous forecast, in line with the company’s emphasis on shareholder returns.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Concerning Revisions to Full-Year Earnings Forecasts and Dividend Forecasts | ULVAC, Inc. (6728) timely disclosure | Komori