Revised forecast
Fiscal year ending March 2026 · Full yearPrevious forecast published 13 May 2025The 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.
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.
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
| Item | Details |
|---|---|
| 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 share | 51.44 yen and sen → 22.17 yen and sen |
| Fiscal Period Covered | Fiscal year ending March 2026 |
| Period Covered | Full year |
| Publication date of previous forecast | 13 May 2025 |
| Previous-period results | Standalone, 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 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 |
| Consolidated / non-consolidated | Consolidated/non-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.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.