Revised forecast
Fiscal year ending March 2027 · Six months and full yearThe bar length represents the relative magnitude of change, based on the item that changed the most in this document.
The forecast incorporates steady demand for automotive applications and AI-related equipment, along with higher raw material prices resulting from surging precious metal prices, temporary deterioration in profitability due to the time lag before price adjustments and cost reductions take effect, and concerns about foreign exchange fluctuations. The impact of developments in the Middle East has not been incorporated into the earnings forecast.
Loss on disposal of fixed assets: ¥54 million; impairment loss: ¥114 million; other: ¥0 million; total extraordinary losses: ¥169 million
| Item | Details |
|---|---|
| Net Sales | Not disclosed → Cumulative second-quarter results 38,600 / Full year 77,400 |
| Operating profit | Not disclosed → Cumulative second-quarter results 1,060 / Full year 2,830 |
| Ordinary income | Not disclosed → Cumulative second-quarter results 1,330 / Full year 3,300 |
| Profit attributable to owners of the parent | Not disclosed → Cumulative second-quarter results 3,360 / Full year 4,780 |
| Net income per share | Not disclosed → Cumulative second-quarter results 90.49 / Full year 128.73 |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Six months and full year |
| Previous-period results | Net Sales ¥72,287 million / Operating profit ¥3,646 million / Ordinary income ¥5,223 million / Profit attributable to owners of the parent ¥3,951 million / Net income per share ¥106.41 |
| Reason for the revision | The forecast incorporates steady demand for automotive applications and AI-related equipment, along with higher raw material prices resulting from surging precious metal prices, temporary deterioration in profitability due to the time lag before price adjustments and cost reductions take effect, and concerns about foreign exchange fluctuations. The impact of developments in the Middle East has not been incorporated into the earnings forecast. |
| Details and amount of extraordinary loss | Loss on disposal of fixed assets: ¥54 million; impairment loss: ¥114 million; other: ¥0 million; total extraordinary losses: ¥169 million |
| Dividend forecast revision | The forecast for the fiscal year ending March 2027 is ¥19.50 per share for the interim dividend, ¥19.50 per share for the year-end dividend, and ¥39.00 per share for the full year. Whether the forecast has been revised: Not disclosed. |
| 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.Revenue increased in the fiscal year ended March 2026, driven by the recovery in demand for industrial equipment that had been affected by the weaker yen and inventory adjustments, as well as steady demand for automotive applications, particularly in China, and for AI-related equipment, including data centers in Asia. For the fiscal year ending March 2027, demand for automotive applications and AI-related equipment is expected to remain firm, while higher raw material prices resulting from surging precious metal prices, the time lag before price adjustments and cost reductions take effect, foreign exchange fluctuations, and developments in the Middle East are expected to affect results.