Revised forecast
Fiscal year ending March 2027 · Full yearPrevious forecast published 7 August 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.
In the printed wiring board business, orders for consumer electronics such as LED lighting in Japan and overseas, automobiles and metal substrates for electronic components have remained strong, while orders in Indonesia have also been strong, particularly in the office equipment sector. In the assembly-related business, orders for industrial equipment such as AI servers and for aircraft are expected to remain strong. Although instability in the Middle East and soaring raw material prices and supply constraints resulting from increased demand related to AI are concerns, the outlook is expected to exceed the previous forecast through appropriate pricing and other measures.
| Item | Details |
|---|---|
| Net Sales | 25,000 Millions of yen → 28,000 Millions of yen（+12.0%） |
| Operating profit | 1,100 Millions of yen → 1,750 Millions of yen（+59.1%） |
| Ordinary income | 800 Millions of yen → 1,400 Millions of yen（+75.0%） |
| Profit attributable to owners of the parent | 430 Millions of yen → 900 Millions of yen（+109.3%） |
| Net income per share | ¥29.51 / sen → ¥62.55 / sen |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Full year |
| Publication date of previous forecast | 7 August 2026 |
| Previous-period results | Fiscal year ended March 2026: revenue: ¥24,697 million; operating profit: ¥825 million; ordinary profit: ¥547 million; profit attributable to owners of the parent: ¥78 million; earnings per share: ¥5.37 |
| Reason for the revision | In the printed wiring board business, orders for consumer electronics such as LED lighting in Japan and overseas, automobiles and metal substrates for electronic components have remained strong, while orders in Indonesia have also been strong, particularly in the office equipment sector. In the assembly-related business, orders for industrial equipment such as AI servers and for aircraft are expected to remain strong. Although instability in the Middle East and soaring raw material prices and supply constraints resulting from increased demand related to AI are concerns, the outlook is expected to exceed the previous forecast through appropriate pricing and other measures. |
| Dividend forecast revision | The year-end dividend was revised upward from the previous forecast of ¥9 per share to ¥19, and the annual dividend was increased from ¥9 to ¥19. The annual dividend was increased by ¥10 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.Orders for consumer electronics, automobiles, electronic components, office equipment and AI servers have remained strong in the printed wiring board and assembly-related businesses. Although higher raw material prices and supply constraints in the second half remain concerns, the outlook is expected to exceed the previous forecast due to the order outlook and appropriate pricing. The dividend increase reflects the upward revision to the full-year earnings forecast and the shareholder return policy targeting a 30% payout ratio.