Komori
Revision of earnings forecasts7284MEIWA INDUSTRY CO.,LTD.Automobiles and transportation equipment

Notice Regarding Differences Between Full-Year Consolidated Forecasts and Actual Results and Differences Between Actual Individual Results and Those of the Previous Fiscal Year

For the fiscal year ending March 2026, consolidated net sales and profit both fell below the previous forecasts. Net income attributable to owners of the parent, in particular, fell substantially short of the forecast. On a standalone basis, net sales exceeded the previous fiscal year's result, while operating profit, ordinary profit and net income were below the previous fiscal year's result.

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Scale
-56.9
%
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Revised forecast

Fiscal year ending March 2026 · Full yearPrevious forecast published 13 May 2025
Net Sales23,500→23,065million
-1.9%
Operating profit430→370million
-13.9%
Ordinary income270→244million
-9.3%
Profit attributable to owners of the parent180→77million
-56.9%
Net income per share51.44→22.17yen and sen
-56.9%

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

Order fluctuations resulting from changes in the timing of the start of mass production for newly ordered products, increases in materials, labor and other costs, the inventory write-down at a Chinese subsidiary, fluctuations in materials market prices, the recognition of refinancing costs, and the absence of extraordinary income from the sale of securities, among other factors.

Details and amount of extraordinary loss

Inventory write-down at a Chinese subsidiary: ¥71 million. The disclosure also states that no extraordinary income from the sale of securities was recorded, but its classification as an extraordinary loss is Not disclosed

Previous-period resultsStandalone, fiscal year ended March 2025: net sales of ¥17,573 million, operating profit of ¥562 million, ordinary profit of ¥532 million, net income of ¥552 million, and net income per share of ¥158.01. Prior-year consolidated results: Not disclosed
Consolidated / non-consolidatedConsolidated/non-consolidated
Revised forecast
ItemDetails
Net Sales¥23,500 million → ¥23,065 million(-1.9%)
Operating profit¥430 million → ¥370 million(-13.9%)
Ordinary income¥270 million → ¥244 million(-9.3%)
Profit attributable to owners of the parent¥180 million → ¥77 million(-56.9%)
Net income per share51.44 yen and sen → 22.17 yen and sen
Fiscal Period CoveredFiscal year ending March 2026
Period CoveredFull year
Publication date of previous forecast13 May 2025
Previous-period resultsStandalone, fiscal year ended March 2025: net sales of ¥17,573 million, operating profit of ¥562 million, ordinary profit of ¥532 million, net income of ¥552 million, and net income per share of ¥158.01. Prior-year consolidated results: Not disclosed
Reason for the revisionOrder fluctuations resulting from changes in the timing of the start of mass production for newly ordered products, increases in materials, labor and other costs, the inventory write-down at a Chinese subsidiary, fluctuations in materials market prices, the recognition of refinancing costs, and the absence of extraordinary income from the sale of securities, among other factors.
Details and amount of extraordinary lossInventory write-down at a Chinese subsidiary: ¥71 million. The disclosure also states that no extraordinary income from the sale of securities was recorded, but its classification as an extraordinary loss is Not disclosed
Consolidated / non-consolidatedConsolidated/non-consolidated
Items this document does not state (1)
Dividend 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.

Consolidated net sales fell below the forecast due to order fluctuations, including changes in the timing of the start of mass production for newly ordered products. Although the Company worked to pass on increases in materials, labor and other costs to selling prices and reduce costs, profit fell below the forecast due in part to a ¥71 million inventory write-down at a Chinese subsidiary. On a standalone basis, net sales increased due to the full-year contribution of sales for certain vehicle models, while profit declined due to fluctuations in materials market prices, refinancing costs and the absence of extraordinary income from the sale of securities, among other factors.

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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding Differences Between Full-Year Consolidated Forecasts and Actual Results and Differences Between Actual Individual Results and Those of the Previous Fiscal Year | MEIWA INDUSTRY CO.,LTD. (7284) timely disclosure | Komori