Revised forecast
Fiscal year ending May 2026 · Full yearPrevious forecast published 19 December 2025The 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.
As customers made progress in working down their inventories, orders increased from the third quarter of the consolidated fiscal year onward, causing net sales to exceed the forecast. Operating income and ordinary income exceeded the forecast due to higher net sales and the impact of foreign exchange rates, among other factors. However, net income fell below the forecast because special losses, including a loss on the liquidation of an affiliated company, were recorded in connection with the resolution to transfer Powerbox International AB.
Loss on liquidation of an affiliated company (special loss). Amount: Not disclosed.
| Item | Details |
|---|---|
| Net Sales | ¥24,119 million → ¥25,046 million（+3.8%） |
| Operating profit | ¥-814 million → ¥-695 million |
| Ordinary income | ¥47 million → ¥267 million（+468.6%） |
| Profit attributable to owners of the parent | ¥30 million → ¥-3,406 million |
| Net income per share | 0.73 yen and sen → -82.81 yen and sen |
| Fiscal Period Covered | Fiscal year ending May 2026 |
| Period Covered | Full year |
| Publication date of previous forecast | 19 December 2025 |
| Previous-period results | Consolidated: net sales ¥27,052 million, operating income ¥628 million, ordinary income ¥740 million, net income attributable to owners of the parent -¥113 million, earnings per share -¥2.84; non-consolidated: net sales ¥20,044 million, ordinary income ¥1,509 million, net income ¥818 million, earnings per share ¥20.44 |
| Reason for the revision | As customers made progress in working down their inventories, orders increased from the third quarter of the consolidated fiscal year onward, causing net sales to exceed the forecast. Operating income and ordinary income exceeded the forecast due to higher net sales and the impact of foreign exchange rates, among other factors. However, net income fell below the forecast because special losses, including a loss on the liquidation of an affiliated company, were recorded in connection with the resolution to transfer Powerbox International AB. |
| Details and amount of extraordinary loss | Loss on liquidation of an affiliated company (special loss). Amount: Not disclosed. |
| Consolidated / non-consolidated | Consolidated / non-consolidated (standalone) |
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.As customers made progress in working down their inventories, orders increased from the third quarter onward, causing net sales to exceed the forecast. Operating income and ordinary income improved due to higher net sales and the impact of foreign exchange rates, among other factors. However, net income fell below the forecast because special losses, including a loss on the liquidation of an affiliated company, were recorded in connection with the resolution to transfer consolidated subsidiary Powerbox International AB.