Revised forecast
Fiscal year ending February 2027 · Second quarter (interim period)Previous forecast published 9 April 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.
Sales to the commercial vessel market in the marine business exceeded expectations while foreign exchange rates remained broadly in line with assumptions. Sales progressed as construction capacity expanded against the backdrop of high order backlogs at Chinese shipbuilders, bringing forward vessel construction schedules. On the profit side, the gross profit margin exceeded expectations due to the effect of higher revenue, an improved product mix and price optimization, among other factors.
| Item | Details |
|---|---|
| Net Sales | 76,000 Millions of yen → 79,900 Millions of yen（+5.1%） |
| Operating profit | 10,000 Millions of yen → 12,800 Millions of yen（+28.0%） |
| Ordinary income | 10,000 Millions of yen → 13,700 Millions of yen（+37.0%） |
| Profit attributable to owners of the parent | 8,000 Millions of yen → 9,900 Millions of yen（+23.8%） |
| Net income per share | 253.09 yen and sen → 313.19 yen and sen（‐） |
| Fiscal Period Covered | Fiscal year ending February 2027 |
| Period Covered | Second quarter (interim period) |
| Publication date of previous forecast | 9 April 2026 |
| Previous-period results | Net Sales ¥68,653 million / Operating profit ¥9,303 million / Ordinary income ¥10,169 million / Interim net income attributable to owners of the parent ¥10,190 million / Interim net income per share ¥322.48 |
| Reason for the revision | Sales to the commercial vessel market in the marine business exceeded expectations while foreign exchange rates remained broadly in line with assumptions. Sales progressed as construction capacity expanded against the backdrop of high order backlogs at Chinese shipbuilders, bringing forward vessel construction schedules. On the profit side, the gross profit margin exceeded expectations due to the effect of higher revenue, an improved product mix and price optimization, among other factors. |
| Dividend forecast revision | The full-year consolidated earnings forecast and dividend forecast are currently under review, and the company says it plans to announce them together with the earnings summary scheduled for 9 October 2026. |
| 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.Sales to the commercial vessel market in the marine business exceeded expectations while foreign exchange rates remained broadly in line with assumptions. Against the backdrop of high order backlogs at Chinese shipbuilders, construction capacity expanded and vessel construction schedules were brought forward, leading to increased sales. On the profit side, the gross profit margin exceeded expectations due to the effect of higher revenue, an improved product mix and price optimization, among other factors.