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Revision of earnings forecasts6742Kyosan Electric Manufacturing Co.,Ltd.Electrical Equipment and Precision Instruments

Notice Regarding Revisions to Full-Year Earnings Forecast

For the full-year consolidated earnings forecast for the fiscal year ending March 2026, revenue has been raised from ¥86.0 billion to ¥88.9 billion, while operating income has been reduced by 47.7%, ordinary income by 37.6%, and profit attributable to owners of the parent by 5.1%. In connection with a review of the product mix in the power electronics business, losses on the disposal and write-down of slow-moving inventories will be recorded.

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Revised forecast

Fiscal year ending March 2026 · Full yearPrevious forecast published 14 May 2025
Net Sales86,000→88,900million
+3.4%
Operating profit4,700→2,460million
-47.7%
Ordinary income5,000→3,120million
-37.6%
Profit attributable to owners of the parent3,500→3,320million
-5.1%
Net income per share55.81→53.58yen and sen
-4.0%

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

In the power electronics business, the product mix for which revenue had been forecast differed from customer needs. As a result of reviewing the sales plan, the likelihood of selling materials procured in advance declined, and losses on the disposal and write-down of inventories will be recorded for a portion of the slow-moving inventory.

Details and amount of extraordinary loss

Losses on the disposal and write-down of inventories are scheduled to be recorded. The amount is Not disclosed.

Previous-period resultsRevenue ¥85,367 million, operating income ¥6,112 million, ordinary income ¥6,646 million, profit attributable to owners of the parent ¥4,783 million, and earnings per share ¥76.28 yen and sen (fiscal year ended March 2025)
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net Sales¥86,000 million → ¥88,900 million(+3.4%)
Operating profit¥4,700 million → ¥2,460 million(-47.7%)
Ordinary income¥5,000 million → ¥3,120 million(-37.6%)
Profit attributable to owners of the parent¥3,500 million → ¥3,320 million(-5.1%)
Net income per share55.81 yen and sen → 53.58 yen and sen
Fiscal Period CoveredFiscal year ending March 2026
Period CoveredFull year
Publication date of previous forecast14 May 2025
Previous-period resultsRevenue ¥85,367 million, operating income ¥6,112 million, ordinary income ¥6,646 million, profit attributable to owners of the parent ¥4,783 million, and earnings per share ¥76.28 yen and sen (fiscal year ended March 2025)
Reason for the revisionIn the power electronics business, the product mix for which revenue had been forecast differed from customer needs. As a result of reviewing the sales plan, the likelihood of selling materials procured in advance declined, and losses on the disposal and write-down of inventories will be recorded for a portion of the slow-moving inventory.
Details and amount of extraordinary lossLosses on the disposal and write-down of inventories are scheduled to be recorded. The amount is Not disclosed.
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.

In the power electronics business, the product mix for which revenue had been forecast differed from customer needs, prompting a review of the sales plan. As a result, the likelihood of selling some materials procured in advance in line with anticipated demand declined, and losses on the disposal and write-down of inventories will be recorded during the current fiscal year for a portion of the slow-moving inventory.

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Notice Regarding Revisions to Full-Year Earnings Forecast | Kyosan Electric Manufacturing Co.,Ltd. (6742) timely disclosure | Komori