Revised forecast
Fiscal year ending March 2026 · Full yearPrevious forecast published 6 February 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.
Although net sales exceeded the forecast due mainly to strong orders for connectors for the industrial equipment and amusement equipment markets, profit fell short of the forecast due to higher raw material prices, the delay in the start of mass production at the Chinese plant, research and development investment, increased expenses associated with capital investment in the new facility and Chinese plant, and the recognition of ¥40 million in special losses for repair and related costs arising from product quality defects.
Repair and related costs arising from quality defects in some of the Company's products: ¥40 million
| Item | Details |
|---|---|
| Net Sales | ¥12,500 million → ¥12,857 million(+2.9%) |
| Operating profit | ¥320 million → ¥284 million(-11.0%) |
| Ordinary income | ¥450 million → ¥384 million(-14.6%) |
| Profit attributable to owners of the parent | ¥310 million → ¥210 million(-32.1%) |
| Net income per share | 42.61 yen and sen → 28.92 yen and sen |
| Fiscal Period Covered | Fiscal year ending March 2026 |
| Period Covered | Full year |
| Publication date of previous forecast | 6 February 2026 |
| Previous-period results | Net sales ¥11,871 million, operating profit ¥596 million, ordinary profit ¥585 million, net income attributable to owners of the parent ¥401 million, and net income per share ¥55.23 (fiscal year ended March 2025) |
| Reason for the revision | Although net sales exceeded the forecast due mainly to strong orders for connectors for the industrial equipment and amusement equipment markets, profit fell short of the forecast due to higher raw material prices, the delay in the start of mass production at the Chinese plant, research and development investment, increased expenses associated with capital investment in the new facility and Chinese plant, and the recognition of ¥40 million in special losses for repair and related costs arising from product quality defects. |
| Details and amount of extraordinary loss | Repair and related costs arising from quality defects in some of the Company's products: ¥40 million |
| 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.Net sales exceeded the forecast, mainly due to strong orders for connectors for the industrial equipment and amusement equipment markets. Profit, however, fell short of the forecast due to higher raw material prices, the failure to realize the expected improvement in production efficiency resulting from the delay in the start of mass production at the Chinese plant, research and development investment in new products and technologies, increased depreciation and selling, general and administrative expenses associated with capital investment in a new domestic facility and the Chinese plant, and the recognition of ¥40 million in special losses for repair and related costs arising from product quality defects.