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Revision to earnings forecast7231TOPY INDUSTRIES,LIMITEDAutomobiles and transportation equipment

Notice Regarding Differences Between the Consolidated Earnings Forecast and Actual Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 and Revisions to the Full-Year Consolidated Earnings Forecast

For the interim period of the fiscal year ending March 2027, revenue was below the forecast, while operating profit, ordinary profit and interim net income exceeded the forecast. For the full year, the forecasts for revenue and all profit figures were raised.

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Direction inferred from the company’s description.
Scale
1600
¥ million (change in full-year profit attributable to owners of the parent)
Wording
Definitive
How definitive the wording is.

Revised forecast

Fiscal year ending March 2027 · Second quarter (interim period) and full yearPrevious forecast published Second quarter (interim period) Announced on 4 August 2026 / Full year Announced 12 May 2026
Net SalesSecond quarter (interim period)161,000→156,900million
-2.5%
Net SalesFull year326,000→332,000million
+1.8%
Operating profitSecond quarter (interim period)1,500→3,611million
+140.8%
Operating profitFull year8,000→8,500million
+6.3%
Ordinary incomeSecond quarter (interim period)1,200→3,428million
+185.7%
Ordinary incomeFull year8,000→8,600million
+7.5%
Profit attributable to owners of the parentSecond quarter (interim period)1,100→3,158million
+187.1%
Profit attributable to owners of the parentFull year6,000→7,600million
+26.7%
Net income per shareSecond quarter (interim period)51.2→146.97yen and sen
+187.1%
Net income per shareFull year279→356.04yen and sen
+27.6%

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

For the interim period, in addition to higher sales volumes in the Automotive and Industrial Machinery Components segments, adjustments related to a change in how raw material prices are reflected in selling prices became a temporary factor supporting higher profit. For the full year, the forecasts were revised after comprehensively considering recent business trends, including the temporary occurrence of these adjustments and increased energy costs against the backdrop of the situation in the Middle East.

Previous-period resultsSecond quarter (interim period) Fiscal year ended March 2026, interim period: revenue ¥142,998 million, operating profit ¥3,256 million, ordinary profit ¥3,390 million, interim net income attributable to owners of the parent ¥2,483 million, interim net income per share ¥113.08 / Full year Fiscal year ended March 2026: revenue ¥297,750 million, operating profit ¥7,783 million, ordinary profit ¥8,618 million, net income attributable to owners of the parent ¥10,151 million, net income per share ¥465.37
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net SalesSecond quarter (interim period) 161,000 / Full year 326,000 → Second quarter (interim period) 156,900 / Full year 332,000(Second quarter (interim period) -2.5 / Full year 1.8)
Operating profitSecond quarter (interim period) 1,500 / Full year 8,000 → Second quarter (interim period) 3,611 / Full year 8,500(Second quarter (interim period) 140.8 / Full year 6.3)
Ordinary incomeSecond quarter (interim period) 1,200 / Full year 8,000 → Second quarter (interim period) 3,428 / Full year 8,600(Second quarter (interim period) 185.7 / Full year 7.5)
Profit attributable to owners of the parentSecond quarter (interim period) 1,100 / Full year 6,000 → Second quarter (interim period) 3,158 / Full year 7,600(Second quarter (interim period) 187.1 / Full year 26.7)
Net income per shareSecond quarter (interim period) 51.20 / Full year 279.00 → Second quarter (interim period) 146.97 / Full year 356.04
Fiscal Period CoveredFiscal year ending March 2027
Period CoveredSecond quarter (interim period) and full year
Publication date of previous forecastSecond quarter (interim period) Announced on 4 August 2026 / Full year Announced 12 May 2026
Previous-period resultsSecond quarter (interim period) Fiscal year ended March 2026, interim period: revenue ¥142,998 million, operating profit ¥3,256 million, ordinary profit ¥3,390 million, interim net income attributable to owners of the parent ¥2,483 million, interim net income per share ¥113.08 / Full year Fiscal year ended March 2026: revenue ¥297,750 million, operating profit ¥7,783 million, ordinary profit ¥8,618 million, net income attributable to owners of the parent ¥10,151 million, net income per share ¥465.37
Reason for the revisionFor the interim period, in addition to higher sales volumes in the Automotive and Industrial Machinery Components segments, adjustments related to a change in how raw material prices are reflected in selling prices became a temporary factor supporting higher profit. For the full year, the forecasts were revised after comprehensively considering recent business trends, including the temporary occurrence of these adjustments and increased energy costs against the backdrop of the situation in the Middle East.
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.

For the interim period, in addition to higher sales volumes in the Automotive and Industrial Machinery Components segments, adjustments related to a change in how raw material prices are reflected in selling prices became a temporary factor supporting higher profit. For the full year, the forecasts were revised after comprehensively considering recent business trends, including the temporary occurrence of these adjustments and increased energy costs against the backdrop of the situation in the Middle East.

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Notice Regarding Differences Between the Consolidated Earnings Forecast and Actual Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 and Revisions to the Full-Year Consolidated Earnings Forecast | TOPY INDUSTRIES,LIMITED (7231) timely disclosure | Komori