Revised forecast
Fiscal year ending March 2027 · Cumulative second quarter and full yearPrevious forecast published 24 April 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.
Net sales and profit in the first quarter exceeded initial expectations, and demand is expected to remain firm in the second quarter and full year among distributors in Europe and the United States, Japan, China and other Asian markets, as well as for automotive applications, industrial equipment and AI-related equipment. The assumed exchange rate from the second quarter onward is ¥159 to the US dollar.
| Item | Details |
|---|---|
| Net Sales | Second quarter (interim period) 38,600 / Full year 77,400 → Second quarter (interim period) 43,000 / Full year 87,300（Second quarter (interim period) 11.4 / Full year 12.8） |
| Operating profit | Second quarter (interim period) 1,060 / Full year 2,830 → Second quarter (interim period) 2,540 / Full year 5,360（Second quarter (interim period) 139.6 / Full year 89.4） |
| Ordinary income | Second quarter (interim period) 1,330 / Full year 3,300 → Second quarter (interim period) 3,010 / Full year 6,040（Second quarter (interim period) 126.3 / Full year 83） |
| Profit attributable to owners of the parent | Second quarter (interim period) 3,360 / Full year 4,780 → Second quarter (interim period) 5,250 / Full year 7,740（Second quarter (interim period) 56.3 / Full year 61.9） |
| Net income per share | Second quarter (interim period) 90.49 / Full year 128.73 → Second quarter (interim period) 141.37 / Full year 208.42 |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Cumulative second quarter and full year |
| Publication date of previous forecast | 24 April 2026 |
| Previous-period results | Second quarter (interim period): net sales of ¥34,634 million, operating profit of ¥1,305 million, ordinary profit of ¥1,618 million, interim net profit attributable to owners of the parent of ¥1,154 million, and interim earnings per share of ¥31.10. Full year: net sales of ¥72,287 million, operating profit of ¥3,646 million, ordinary profit of ¥5,223 million, net profit attributable to owners of the parent of ¥3,951 million, and earnings per share of ¥106.41. |
| Reason for the revision | Net sales and profit in the first quarter exceeded initial expectations, and demand is expected to remain firm in the second quarter and full year among distributors in Europe and the United States, Japan, China and other Asian markets, as well as for automotive applications, industrial equipment and AI-related equipment. The assumed exchange rate from the second quarter onward is ¥159 to the US dollar. |
| Dividend forecast revision | The second-quarter-end dividend has been increased by ¥12.00, from ¥19.50 to ¥31.50 per share, and the fiscal year-end dividend has likewise been increased by ¥12.00, from ¥19.50 to ¥31.50 per share. The annual dividend has been revised from ¥39.00 to ¥63.00 per share. |
| 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.In addition to net sales and profit in the first quarter having exceeded initial expectations, demand is expected to remain firm among distributors in Europe and the United States, for automotive applications in China, for industrial equipment in Japan, China and other Asian markets, and for AI-related equipment. Based on current foreign exchange trends, the assumed exchange rate from the second quarter onward is ¥159 to the US dollar. Dividends were increased in line with the upward revision to the earnings forecasts, based on the policy of prioritizing reinvestment in the business and optimization of equity capital while targeting a consolidated dividend payout ratio of approximately 30%.