Revised forecast
Fiscal year ending July 2026 · Full yearPrevious forecast published 11 September 2025The bar length represents the relative magnitude of change, based on the item that changed the most in this document.
Revenue is expected to decline because major customers in the domestic market are restraining 5G-related investment and delaying their investment plans, while some large projects in overseas markets have not resulted in orders as expected. The resulting decline in revenue and gross profit is expected to affect operating profit and other earnings.
| Item | Details |
|---|---|
| Net Sales | ¥3,030 million → ¥2,575 million（-15.0%） |
| Operating profit | ¥221 million → ¥155 million（-30.0%） |
| Ordinary income | ¥353 million → ¥308 million（-12.9%） |
| Profit attributable to owners of the parent | ¥197 million → ¥157 million（-20.2%） |
| Net income per share | ¥22.52 → ¥17.97 |
| Fiscal Period Covered | Fiscal year ending July 2026 |
| Period Covered | Full year |
| Publication date of previous forecast | 11 September 2025 |
| Previous-period results | Fiscal Period Covered fiscal year ended July 2024 / Net Sales ¥2,680 million / Operating profit ¥116 million / Ordinary income ¥247 million / Profit attributable to owners of the parent ¥133 million / Net income per share ¥14.83 |
| Reason for the revision | Revenue is expected to decline because major customers in the domestic market are restraining 5G-related investment and delaying their investment plans, while some large projects in overseas markets have not resulted in orders as expected. The resulting decline in revenue and gross profit is expected to affect operating profit and other earnings. |
| Dividend forecast revision | The year-end dividend forecast has been increased by ¥5.00, from ¥20.00 to ¥25.00. The annual dividend is ¥25.00 per share. |
| 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.The earnings forecast was revised downward because revenue is expected to decline as major domestic customers restrain 5G-related investment and delay their investment plans, while some large projects in overseas markets have not resulted in orders as expected, leading to a decline in gross profit. The dividend was increased to improve capital efficiency and shareholder returns by utilizing the Company's strong financial base, including an equity ratio of more than 86%, and ample liquidity on hand.