Revised forecast
Fiscal year ending March 2027 · Full yearPrevious 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.
In Japan, demand for automobiles, particularly trucks, and construction machinery remained solid, while revenue increased in Asia as production by major customers rose. Although higher raw material prices and cost increases associated with the situation in the Middle East had an impact, these were absorbed through the effects of higher revenue, price pass-through and cost-reduction activities, including rationalization. Revenue and profit are expected to decline in China in the second half, while continuing to increase in Japan and Asia, so the full-year forecast was revised upward.
| Item | Details |
|---|---|
| Net Sales | ¥35,500 million → ¥38,500 million（+8.5%） |
| Operating profit | ¥2,450 million → ¥2,900 million（+18.4%） |
| Ordinary income | ¥2,600 million → ¥2,910 million（+11.9%） |
| Profit attributable to owners of the parent | ¥1,800 million → ¥2,050 million（+13.9%） |
| Net income per share | 189.7 Yen and sen → 214.71 Yen and sen |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Full year |
| Publication date of previous forecast | 14 May 2026 |
| Previous-period results | Revenue: ¥35,382 million; operating profit: ¥2,358 million; ordinary profit: ¥2,541 million; net income attributable to owners of the parent: ¥2,038 million; basic earnings per share: ¥214.85 (fiscal year ended March 2026) |
| Reason for the revision | In Japan, demand for automobiles, particularly trucks, and construction machinery remained solid, while revenue increased in Asia as production by major customers rose. Although higher raw material prices and cost increases associated with the situation in the Middle East had an impact, these were absorbed through the effects of higher revenue, price pass-through and cost-reduction activities, including rationalization. Revenue and profit are expected to decline in China in the second half, while continuing to increase in Japan and Asia, so the full-year forecast was revised upward. |
| Dividend forecast revision | The interim dividend was increased from the previous forecast of ¥38.00 to ¥42.00, and the forecast year-end dividend was increased from ¥39.00 to ¥45.00. The forecast annual dividend was increased from ¥77.00 to ¥87.00. |
| 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.During the cumulative second quarter, demand from the automotive and construction machinery sectors in Japan remained solid, while revenue increased in Asia as production by major customers rose. Although higher raw material prices and cost increases due to the situation in the Middle East had an impact, these were absorbed through the effects of higher revenue, price pass-through and cost-reduction activities, including rationalization. As revenue and profit are expected to increase in Japan and Asia in the second half, the full-year forecast was revised upward.