Komori
Revision of earnings forecasts7122THE KINKI SHARYO CO.,LTD.Automobiles and transportation equipment

Notice Concerning the Recognition of Deferred Tax Assets and Differences Between the Full-Year Consolidated Earnings Forecast and Actual Results for the Fiscal Year Ending March 2026

Full-year results for the fiscal year ending March 2026 were slightly higher than the forecast announced on 26 March for net sales, while the operating loss narrowed and ordinary income and net income exceeded the forecast. Net income was ¥1,070 million above the forecast, primarily due to the recognition of deferred tax assets.

Worth reading
51Recurring
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Direction
Improvement
Direction inferred from the company’s description.
Scale
1070
¥ million
Wording
Definitive
How definitive the wording is.

Revised forecast

Fiscal year ending March 2026 · Full yearPrevious forecast published 26 March 2026
Net Sales37,000→37,100million
+0.3%
Operating profit-300→-234million
+22.0%
Ordinary income-100→192million
+292.0%
Profit attributable to owners of the parent500→1,570million
+214.0%
Net income per share72.67→228.32yen and sen
+214.2%

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

Ordinary income exceeded the previous forecast because foreign exchange gains increased due to fluctuations in exchange rates, while net income attributable to owners of the parent exceeded the forecast because a deferred income tax benefit was recognized.

Previous-period resultsFiscal year ended March 2025: net sales ¥30,257 million, operating income ¥232 million, ordinary income ¥339 million, net income attributable to owners of the parent ¥560 million, and net income per share ¥81.48
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net Sales¥37,000 million → ¥37,100 million(+0.3%)
Operating profit¥-300 million → ¥-234 million
Ordinary income¥-100 million → ¥192 million
Profit attributable to owners of the parent¥500 million → ¥1,570 million(+214.0%)
Net income per share72.67 yen and sen → 228.32 yen and sen
Fiscal Period CoveredFiscal year ending March 2026
Period CoveredFull year
Publication date of previous forecast26 March 2026
Previous-period resultsFiscal year ended March 2025: net sales ¥30,257 million, operating income ¥232 million, ordinary income ¥339 million, net income attributable to owners of the parent ¥560 million, and net income per share ¥81.48
Reason for the revisionOrdinary income exceeded the previous forecast because foreign exchange gains increased due to fluctuations in exchange rates, while net income attributable to owners of the parent exceeded the forecast because a deferred income tax benefit was recognized.
Consolidated / non-consolidatedConsolidated
Items this document does not state (2)
Details and amount of extraordinary lossDividend 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.

Ordinary income exceeded the previous forecast due to an increase in foreign exchange gains resulting from fluctuations in exchange rates, while net income attributable to owners of the parent exceeded the forecast due to the recognition of a deferred income tax benefit. After carefully considering the recoverability of deferred tax assets in light of the outlook for future performance and other factors, the Company recognized ¥779 million in deferred tax assets.

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Notice Concerning the Recognition of Deferred Tax Assets and Differences Between the Full-Year Consolidated Earnings Forecast and Actual Results for the Fiscal Year Ending March 2026 | THE KINKI SHARYO CO.,LTD. (7122) timely disclosure | Komori