Revised forecast
Fiscal year ending March 2026 · Full yearPrevious forecast published 6 February 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.
The decrease in vehicle sales, a review of the medium- to long-term demand outlook for electrified vehicles in light of the easing of U.S. automotive environmental regulations, and the recognition of impairment losses and related expenses associated with development assets for battery EVs. The decrease in vehicle sales was due to a cold wave in the United States and disruptions to the operation of vessels transporting goods overseas amid heightened tensions in the Middle East.
Impairment losses on development assets associated with battery EVs will be recognized. The amount is not disclosed.
| Item | Details |
|---|---|
| Net Sales | ¥4,800,000 million → ¥4,780,000 million（-0.4%） |
| Operating profit | ¥130,000 million → ¥40,000 million（-69.2%） |
| Profit attributable to owners of the parent | ¥125,000 million → ¥90,000 million（-28.0%） |
| Net income per share | 172.72 yen and sen → 124.33 yen and sen |
| Fiscal Period Covered | Fiscal year ending March 2026 |
| Period Covered | Full year |
| Publication date of previous forecast | 6 February 2026 |
| Previous-period results | Revenue ¥4,685,763 million, operating profit ¥405,308 million, profit before tax ¥448,507 million, profit for the year attributable to owners of the parent ¥338,062 million, basic earnings per share attributable to owners of the parent ¥458.03 |
| Reason for the revision | The decrease in vehicle sales, a review of the medium- to long-term demand outlook for electrified vehicles in light of the easing of U.S. automotive environmental regulations, and the recognition of impairment losses and related expenses associated with development assets for battery EVs. The decrease in vehicle sales was due to a cold wave in the United States and disruptions to the operation of vessels transporting goods overseas amid heightened tensions in the Middle East. |
| Details and amount of extraordinary loss | Impairment losses on development assets associated with battery EVs will be recognized. The amount is not disclosed. |
| Dividend forecast revision | No change (there is no revision to the dividend forecast) |
| 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.The decrease in vehicle sales, a review of the medium- to long-term demand outlook for electrified vehicles in light of the easing of U.S. automotive environmental regulations, and the recognition of impairment losses and related expenses associated with development assets for battery EVs. The decrease in vehicle sales is attributed to a cold wave in the United States and disruptions to the operation of vessels transporting goods overseas amid heightened tensions in the Middle East.