Revised forecast
Fiscal year ending March 2027 · Cumulative second quarterPrevious forecast published 14 May 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.
Sales increased as the target market remained strong and the Company made every effort to procure raw materials from outside China to meet demand. Profitability also improved more than expected because raw material procurement costs, calculated using a moving average, remained below standard costs, keeping the cost of sales below the initial forecast. In light of recent order trends, the second-quarter profit level is expected to exceed the previously announced forecast, prompting this revision.
| Item | Details |
|---|---|
| Net Sales | Consolidated 7,300 / Non-Consolidated (Standalone) 6,600 → Consolidated 8,600 / Non-Consolidated (Standalone) 7,700（Consolidated 17.8 / Non-Consolidated (Standalone) 16.7） |
| Operating profit | Consolidated 380 / Non-Consolidated (Standalone) Not disclosed → Consolidated 1,500 / Non-Consolidated (Standalone) Not disclosed（Consolidated 294.7 / Non-Consolidated (Standalone) Not disclosed） |
| Ordinary income | Consolidated 510 / Non-Consolidated (Standalone) 600 → Consolidated 1,720 / Non-Consolidated (Standalone) 1,780（Consolidated 237.3 / Non-Consolidated (Standalone) 196.7） |
| Profit attributable to owners of the parent | Consolidated 340 / Non-Consolidated (Standalone) 460 → Consolidated 1,230 / Non-Consolidated (Standalone) 1,360（Consolidated 261.8 / Non-Consolidated (Standalone) 195.7） |
| Net income per share | Consolidated 70.00 / Non-Consolidated (Standalone) 94.71 → Consolidated 253.23 / Non-Consolidated (Standalone) 280.00 |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Cumulative second quarter |
| Publication date of previous forecast | 14 May 2026 |
| Previous-period results | Consolidated Net Sales 6,050 / Operating profit 297 / Ordinary income 440 / Interim net income attributable to owners of the parent 304 / Interim net income per share 62.69 / Non-Consolidated (Standalone) Net Sales 5,565 / Ordinary income 441 / Interim net income 335 / Interim net income per share 69.07 |
| Reason for the revision | Sales increased as the target market remained strong and the Company made every effort to procure raw materials from outside China to meet demand. Profitability also improved more than expected because raw material procurement costs, calculated using a moving average, remained below standard costs, keeping the cost of sales below the initial forecast. In light of recent order trends, the second-quarter profit level is expected to exceed the previously announced forecast, prompting this revision. |
| Dividend forecast revision | The interim dividend has been increased from ¥30.00 to ¥60.00 per share, the year-end dividend forecast remains unchanged at ¥30.00 per share, and the annual dividend forecast has been increased from ¥60.00 to ¥90.00 per share. |
| Consolidated / non-consolidated | Consolidated/non-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.Sales and profitability improved more than expected as the target market remained strong, the Company responded to demand by working to procure raw materials from outside China, and raw material procurement costs remained below standard costs, keeping the cost of sales below the initial forecast. In light of recent order trends, second-quarter profit is also expected to exceed the previous forecast. The full-year forecast remains unchanged because trends in raw material prices and other factors are difficult to predict amid the continued tightening of China's export controls.