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Revision of earnings forecasts6899ASTI CORPORATIONElectrical Equipment and Precision Instruments

Notice Regarding Differences Between the Full-Year Consolidated Earnings Forecast and Actual Results for the Fiscal Year Ending March 2026, and Recognition of an Extraordinary Loss

Actual results exceeded the published full-year consolidated forecast for net sales, operating income, ordinary income, and net income attributable to owners of the parent. In addition, a ¥462 million loss on business restructuring associated with the reorganization of the China business was recognized as an extraordinary loss.

Worth reading
64In focus
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Direction
Improvement
Direction inferred from the company’s description.
Scale
32.6
%
Wording
Definitive
How definitive the wording is.

Revised forecast

Fiscal year ending March 2026 · Full yearPrevious forecast published 14 May 2026
Net Sales60,000→62,400million
+4.0%
Operating profit1,000→1,302million
+30.2%
Ordinary income1,000→1,326million
+32.6%
Profit attributable to owners of the parent700→712million
+1.8%
Net income per share223.95→228.01yen and sen
+1.8%

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

As a result of the closing procedures, net sales of automotive electrical components and consumer and industrial equipment increased from plan in the second half, causing operating income and ordinary income to exceed the earnings forecast.

Details and amount of extraordinary loss

Loss on business restructuring of ¥462 million. Personnel restructuring costs and impairment losses on certain fixed assets associated with the discontinuation of the wire harness business at the consolidated subsidiary 浙江雅士迪 and the reorganization of the China business, including the automotive electrical components business.

Previous-period resultsNet Sales ¥65,441 million (yen and sen for net income per share) / Operating profit ¥1,517 million (yen and sen for net income per share) / Ordinary income ¥1,584 million (yen and sen for net income per share) / Profit attributable to owners of the parent ¥624 million (yen and sen for net income per share) / Net income per share ¥199.92 million (yen and sen for net income per share)
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net Sales¥60,000 million → ¥62,400 million(+4.0%)
Operating profit¥1,000 million → ¥1,302 million(+30.2%)
Ordinary income¥1,000 million → ¥1,326 million(+32.6%)
Profit attributable to owners of the parent¥700 million → ¥712 million(+1.8%)
Net income per share223.95 yen and sen → 228.01 yen and sen
Fiscal Period CoveredFiscal year ending March 2026
Period CoveredFull year
Publication date of previous forecast14 May 2026
Previous-period resultsNet Sales ¥65,441 million (yen and sen for net income per share) / Operating profit ¥1,517 million (yen and sen for net income per share) / Ordinary income ¥1,584 million (yen and sen for net income per share) / Profit attributable to owners of the parent ¥624 million (yen and sen for net income per share) / Net income per share ¥199.92 million (yen and sen for net income per share)
Reason for the revisionAs a result of the closing procedures, net sales of automotive electrical components and consumer and industrial equipment increased from plan in the second half, causing operating income and ordinary income to exceed the earnings forecast.
Details and amount of extraordinary lossLoss on business restructuring of ¥462 million. Personnel restructuring costs and impairment losses on certain fixed assets associated with the discontinuation of the wire harness business at the consolidated subsidiary 浙江雅士迪 and the reorganization of the China business, including the automotive electrical components business.
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.

As a result of the closing procedures, second-half net sales of automotive electrical components and consumer and industrial equipment exceeded plan, resulting in operating income and ordinary income exceeding the forecast. Meanwhile, a ¥462 million loss on business restructuring was recognized due to personnel restructuring costs and impairment losses on certain fixed assets associated with the reorganization of the China business.

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Notice Regarding Differences Between the Full-Year Consolidated Earnings Forecast and Actual Results for the Fiscal Year Ending March 2026, and Recognition of an Extraordinary Loss | ASTI CORPORATION (6899) timely disclosure | Komori