Revised forecast
Fiscal year ending February 2027 · Full yearPrevious 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.
Second-quarter (interim-period) results exceeded the previous forecast, and sales in the core marine equipment business have been stronger than expected against a solid market backdrop. Even after factoring in the impact of higher parts prices, net sales and each profit item are now expected to exceed the previous forecast.
| Item | Details |
|---|---|
| Net Sales | ¥148,500 million → ¥158,000 million（+6.4%） |
| Operating profit | ¥17,000 million → ¥21,000 million（+23.5%） |
| Ordinary income | ¥17,000 million → ¥22,000 million（+29.4%） |
| Profit attributable to owners of the parent | ¥13,000 million → ¥17,000 million（+30.8%） |
| Net income per share | 411.28 yen and sen → 537.8 yen and sen |
| Fiscal Period Covered | Fiscal year ending February 2027 |
| Period Covered | Full year |
| Publication date of previous forecast | 9 April 2026 |
| Previous-period results | Net sales: ¥140,616 million; operating income: ¥16,246 million; ordinary income: ¥18,291 million; net income attributable to owners of the parent: ¥16,735 million; earnings per share: ¥529.53 (full fiscal year ending February 2026) |
| Reason for the revision | Second-quarter (interim-period) results exceeded the previous forecast, and sales in the core marine equipment business have been stronger than expected against a solid market backdrop. Even after factoring in the impact of higher parts prices, net sales and each profit item are now expected to exceed the previous forecast. |
| Dividend forecast revision | Set the interim dividend at ¥115 per share, an increase of ¥35 from the latest forecast of ¥80, and the year-end dividend forecast at ¥95, an increase of ¥15 from the latest forecast of ¥80, revising the annual dividend forecast to ¥210 from ¥160. |
| 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.Second-quarter results exceeded the previous forecast, and sales in the core marine equipment business have been stronger than expected against a solid market backdrop. Even after factoring in the impact of higher parts prices on earnings, full-year net sales and each profit item are now expected to exceed the previous forecast. The dividend decision took into account interim results, the full-year earnings forecast, the financial position and the medium-term management plan, which targets total shareholder returns equivalent to a 40% payout ratio.