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Revision to earnings forecasts6844Shindengen Electric Manufacturing Co.,Ltd.Electrical and Precision Instruments

Notice Regarding the Difference Between the Consolidated Earnings Forecast and Actual Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 and Revisions to the Full-Year Consolidated Earnings Forecast

For the second quarter (interim period), net sales exceeded the forecast, while ordinary profit and interim net income fell below forecast due to foreign exchange losses and extraordinary losses. Reflecting this, the full-year net sales forecast was raised, the ordinary profit and net income forecasts were lowered, and the operating profit forecast was left unchanged.

Worth reading
79Important
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Direction
Mixed performance
Direction inferred from the company’s description.
Scale
-600
Millions of yen (change in full-year ordinary income)
Wording
Conditional
How definitive the wording is.

Revised forecast

Fiscal year ending March 2027 · Full year (also showing the variance from actual results for the second quarter (interim period))Previous forecast published 14 May 2026
Net Sales121,200→122,600million
+1.2%
Operating profit4,000→4,000million
0.0%
Ordinary income3,900→3,300million
-15.4%
Profit attributable to owners of the parent2,700→2,400million
-11.1%
Net income per share265.2→235.59Yen and sen
-11.2%

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

For the interim period, the Company recorded foreign exchange losses and other items as a result of revaluing foreign-currency-denominated receivables and payables at the closing exchange rate, and recorded extraordinary income related to the liquidation of a consolidated subsidiary and costs associated with ending sales of EV chargers as extraordinary losses. As a result, ordinary profit and interim net income fell below the previous forecast. The full-year forecast was revised to reflect this variance.

Details and amount of extraordinary loss

Costs associated with ending sales of EV chargers were recorded as extraordinary losses. Amount: Not disclosed.

Previous-period resultsFiscal year ending March 2026: net sales ¥113,836 million, operating profit ¥3,848 million, ordinary profit ¥4,577 million, net income attributable to owners of the parent ¥5,655 million, and net income per share ¥549.00
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net Sales¥121,200 million → ¥122,600 million(+1.2%)
Operating profit¥4,000 million → ¥4,000 million(0.0%)
Ordinary income¥3,900 million → ¥3,300 million(-15.4%)
Profit attributable to owners of the parent¥2,700 million → ¥2,400 million(-11.1%)
Net income per share265.2 Yen and sen → 235.59 Yen and sen
Fiscal Period CoveredFiscal year ending March 2027
Period CoveredFull year (also showing the variance from actual results for the second quarter (interim period))
Publication date of previous forecast14 May 2026
Previous-period resultsFiscal year ending March 2026: net sales ¥113,836 million, operating profit ¥3,848 million, ordinary profit ¥4,577 million, net income attributable to owners of the parent ¥5,655 million, and net income per share ¥549.00
Reason for the revisionFor the interim period, the Company recorded foreign exchange losses and other items as a result of revaluing foreign-currency-denominated receivables and payables at the closing exchange rate, and recorded extraordinary income related to the liquidation of a consolidated subsidiary and costs associated with ending sales of EV chargers as extraordinary losses. As a result, ordinary profit and interim net income fell below the previous forecast. The full-year forecast was revised to reflect this variance.
Details and amount of extraordinary lossCosts associated with ending sales of EV chargers were recorded as extraordinary losses. Amount: 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.

For the interim period, the Company recorded foreign exchange losses and other items as a result of revaluing foreign-currency-denominated receivables and payables at the closing exchange rate, and recorded extraordinary income related to the liquidation of a consolidated subsidiary and costs associated with ending sales of EV chargers as extraordinary losses. As a result, ordinary profit and interim net income attributable to owners of the parent fell below the previous forecast. For the full year, the forecast was revised to reflect the variance for the interim period.

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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding the Difference Between the Consolidated Earnings Forecast and Actual Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 and Revisions to the Full-Year Consolidated Earnings Forecast | Shindengen Electric Manufacturing Co.,Ltd. (6844) timely disclosure | Komori