Results for this period
Full year1 April 2025–31 March 2026ConsolidatedIFRSThe width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.
塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
The factors affecting the year-on-year change in operating profit were changes in sales volume and product mix: +¥801 million; change in depreciation and amortization expense: +¥1,097 million; change in research and development expenses: +¥244 million; change in other selling, general and administrative expenses: +¥1,563 million; foreign exchange impact: -¥669 million; impact of U.S. tariffs: -¥2,158 million; and other factors: +¥720 million. The total was +¥1,598 million.
No applicable matters
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | IFRS |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2025–31 March 2026 |
| Net Sales | ¥260,836 million (YoY +1.6%) |
| Operating profit | ¥18,927 million (YoY +9.2%) |
| Ordinary income | ¥21,567 million (YoY +7.6%) |
| Profit attributable to owners of the parent | ¥18,760 million (YoY +18.3%) |
| Net income per share | ¥387.36 |
| Operating Margin | 7.3% |
| Equity ratio | End of the current fiscal period 77.6% / End of previous period 74.8% |
| Total assets | ¥264,353 million |
| Net assets | ¥206,299 million |
| Cash flows from operating activities | ¥22,779 million |
| Cash flows from investing activities | ¥-16,486 million |
| Cash flows from financing activities | ¥-7,843 million |
| Cash and cash equivalents at end of period | ¥71,360 million |
| Full-year earnings forecast | Net Sales ¥260,000 million (YoY -0.3%) / Operating profit ¥20,000 million (YoY +5.7%) / Ordinary income ¥22,000 million (YoY +2.0%) / Net income ¥15,000 million (YoY -20.0%) |
| Annual Dividend Forecast | ¥194 → ¥160（-17.5%） |
| Payout ratio | 50.8% |
| Segment revenue | Two-wheeler business ¥124,691 million (YoY +3.6%), Four-Wheel Vehicle Business ¥135,975 million (YoY -0.1%), Non-mobility business ¥169 million (YoY +79.1%) |
| Segment profit | Two-wheeler business ¥12,230 million (YoY +1.2%), Four-Wheel Vehicle Business ¥9,156 million (YoY +13.0%), Non-mobility business ¥-2,459 million |
| Regional sales | ¥25,371 million (YoY -2.3%), ¥110,487 million (YoY +0.8%), ¥118,479 million (YoY +2.7%), ¥6,498 million (YoY +16.3%) |
| Depreciation and amortization | ¥9,692 million |
| Impairment loss | ¥408 million |
| Disclosure regarding the going concern assumption | No applicable matters |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | New 0 companies / Excluded 0 companies / Company name Not disclosed |
| Material subsequent events | At a meeting of the Board of Directors held on 13 May 2026, the Company resolved to acquire treasury shares through a tender offer and cancel all of the acquired treasury shares. The maximum number of shares to be acquired is 1,100,100, and the maximum total acquisition price is ¥3,391,608,300. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Whether applicable Yes / Subject person Institutional investors and analysts |
| Issued Shares at Period-End | 52,056,530 shares |
| Treasury Shares at Period-End | 3,621,868 shares |
| Factors Behind Changes in Business Performance | The factors affecting the year-on-year change in operating profit were changes in sales volume and product mix: +¥801 million; change in depreciation and amortization expense: +¥1,097 million; change in research and development expenses: +¥244 million; change in other selling, general and administrative expenses: +¥1,563 million; foreign exchange impact: -¥669 million; impact of U.S. tariffs: -¥2,158 million; and other factors: +¥720 million. The total was +¥1,598 million. |
Items this document does not state (4)
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.Although the appreciation of the yen had an impact during the fiscal year, increased sales of clutches for motorcycles in India and Brazil contributed to higher revenue. Operating profit benefited from the increase in revenue, lower provisions for product warranties and lower depreciation and amortization expenses in the United States, but was affected by U.S. tariffs, provisions for product warranties and costs associated with the consolidation of production sites in China.