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Revision to earnings forecast6989HOKURIKU ELECTRIC INDUSTRY CO.,LTD.Electrical and Precision Instruments

Notice Regarding Revisions to Full-Year Consolidated Earnings Forecasts for the Fiscal Year Ending March 2027

The full-year consolidated earnings forecast for the fiscal year ending March 2027 has been revised. Revenue has been revised upward, while operating profit, ordinary profit and net income attributable to owners of the parent have been revised downward.

Worth reading
70In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
-83.3
% (net income attributable to owners of the parent)
Wording
Avoiding a definitive answer
How definitive the wording is.

Revised forecast

Fiscal year ending March 2027 · Full yearPrevious forecast published 12 May 2026
Net Sales47,000→50,000Millions of yen
+6.4%
Operating profit1,800→1,300Millions of yen
-27.8%
Ordinary income1,600→1,000Millions of yen
-37.5%
Profit attributable to owners of the parent1,200→200Millions of yen
-83.3%
Net income per share152.96→25.48yen/sen
-83.3%

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

Revenue, mainly for mobility and data center applications, is exceeding plan, but operating profit and ordinary profit are expected to fall below the published figures because material costs have increased more than expected due to continued high precious metal prices and it is taking time to pass these increases through to selling prices. In addition, net income attributable to owners of the parent has been revised to ¥200 million because approximately ¥670 million in advisory fees related to an acquisition is expected to be recorded as an extraordinary loss. The assumed exchange rate has been changed from ¥153/USD to ¥155/USD.

Details and amount of extraordinary loss

Advisory fees related to an acquisition: approximately ¥670 million

Previous-period resultsRevenue: ¥43,128 million; operating profit: ¥2,311 million; ordinary profit: ¥2,742 million; net income attributable to owners of the parent: ¥1,986 million; net income per share: ¥253.15
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net Sales47,000 Millions of yen → 50,000 Millions of yen(+6.4%)
Operating profit1,800 Millions of yen → 1,300 Millions of yen(-27.8%)
Ordinary income1,600 Millions of yen → 1,000 Millions of yen(-37.5%)
Profit attributable to owners of the parent1,200 Millions of yen → 200 Millions of yen(-83.3%)
Net income per share152.96 yen/sen → 25.48 yen/sen
Fiscal Period CoveredFiscal year ending March 2027
Period CoveredFull year
Publication date of previous forecast12 May 2026
Previous-period resultsRevenue: ¥43,128 million; operating profit: ¥2,311 million; ordinary profit: ¥2,742 million; net income attributable to owners of the parent: ¥1,986 million; net income per share: ¥253.15
Reason for the revisionRevenue, mainly for mobility and data center applications, is exceeding plan, but operating profit and ordinary profit are expected to fall below the published figures because material costs have increased more than expected due to continued high precious metal prices and it is taking time to pass these increases through to selling prices. In addition, net income attributable to owners of the parent has been revised to ¥200 million because approximately ¥670 million in advisory fees related to an acquisition is expected to be recorded as an extraordinary loss. The assumed exchange rate has been changed from ¥153/USD to ¥155/USD.
Details and amount of extraordinary lossAdvisory fees related to an acquisition: approximately ¥670 million
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.

Revenue is exceeding plan, mainly for mobility and data center applications, but operating profit and ordinary profit have been revised downward because higher precious metal prices have increased material costs more than expected and it is taking time to pass these increases through to selling prices. In addition, net income attributable to owners of the parent has been revised downward because approximately ¥670 million in advisory fees related to an acquisition is expected to be recorded as an extraordinary loss. The assumed exchange rate has also been changed from ¥153/USD to ¥155/USD.

How to read this page

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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 Revisions to Full-Year Consolidated Earnings Forecasts for the Fiscal Year Ending March 2027 | HOKURIKU ELECTRIC INDUSTRY CO.,LTD. (6989) timely disclosure | Komori