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Revisions to earnings forecasts7236T.RAD Co., Ltd.Automobiles and transportation equipment

Notice Concerning Revisions to the Full-Year Consolidated Earnings Forecast

The consolidated full-year forecast for the fiscal year ending March 2027 was revised. Net sales were revised upward by ¥3,000 million, while operating profit, ordinary profit and net income attributable to owners of the parent were revised downward. The dividend forecast remains unchanged.

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Mixed performance
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Scale
-900
¥ million (change in net income attributable to owners of the parent)
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How definitive the wording is.

Revised forecast

Fiscal year ending March 2027 · Full yearPrevious forecast published 3 August 2026
Net Sales165,000→168,000million
+1.8%
Operating profit12,300→11,900million
-3.2%
Ordinary income13,400→12,800million
-4.4%
Profit attributable to owners of the parent9,500→8,600million
-9.4%
Net income per share167.79→151.8Yen
-9.5%

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

After confirming the latest sales plans of customers, an increase in sales is expected in Japan and Europe. In terms of profit, an impairment loss on the old system will be recorded in the current fiscal year, in addition to higher material costs and increases in research and development expenses and other costs in the Japan segment, expected tariff costs in the United States segment, and lower-than-expected cost reductions.

Details and amount of extraordinary loss

An impairment loss on the old system is expected to be recorded in the current fiscal year. The amount is Not disclosed.

Previous-period resultsNet sales: ¥162,278 million; operating profit: ¥11,249 million; ordinary profit: ¥12,378 million; net income attributable to owners of the parent: ¥8,765 million; earnings per share: ¥147.75 (fiscal year ended March 2026)
Dividend forecast revisionNo revision. The dividend forecast for the fiscal year ending March 2027 is unchanged.
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net Sales¥165,000 million → ¥168,000 million(+1.8%)
Operating profit¥12,300 million → ¥11,900 million(-3.2%)
Ordinary income¥13,400 million → ¥12,800 million(-4.4%)
Profit attributable to owners of the parent¥9,500 million → ¥8,600 million(-9.4%)
Net income per share167.79 Yen → 151.8 Yen
Fiscal Period CoveredFiscal year ending March 2027
Period CoveredFull year
Publication date of previous forecast3 August 2026
Previous-period resultsNet sales: ¥162,278 million; operating profit: ¥11,249 million; ordinary profit: ¥12,378 million; net income attributable to owners of the parent: ¥8,765 million; earnings per share: ¥147.75 (fiscal year ended March 2026)
Reason for the revisionAfter confirming the latest sales plans of customers, an increase in sales is expected in Japan and Europe. In terms of profit, an impairment loss on the old system will be recorded in the current fiscal year, in addition to higher material costs and increases in research and development expenses and other costs in the Japan segment, expected tariff costs in the United States segment, and lower-than-expected cost reductions.
Details and amount of extraordinary lossAn impairment loss on the old system is expected to be recorded in the current fiscal year. The amount is Not disclosed.
Dividend forecast revisionNo revision. The dividend forecast for the fiscal year ending March 2027 is unchanged.
Consolidated / non-consolidatedConsolidated

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

After confirming customers' sales plans, the net sales forecast was revised upward because sales are expected to increase in Japan and Europe. Profit forecasts were revised downward due to higher material costs and increases in research and development expenses and other costs in Japan, and expected tariff costs and lower-than-expected cost reductions in the United States. An impairment loss on the old system is also expected to be recorded in the current fiscal year.

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Notice Concerning Revisions to the Full-Year Consolidated Earnings Forecast | T.RAD Co., Ltd. (7236) timely disclosure | Komori