Revised forecast
Fiscal year ending March 2027 · Second quarter (interim period) and full yearPrevious forecast published 13 May 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.
For the interim period, the volume of precious metals recycling handled in the electronic devices sector exceeded expectations, and the profit margin in the precious metals-related business also improved. The profit margin in the food-related business likewise improved, supported by sales of products that addressed customer needs. For the full year, the forecast for the second half was unchanged because the outlook for production in the electronic devices sector, precious metals prices and personal consumption remains uncertain, while the interim forecast revision was reflected.
| Item | Details |
|---|---|
| Net Sales | Second quarter (interim period) 340,000 / Full year 700,000 → Second quarter (interim period) 380,000 / Full year 740,000（Second quarter (interim period) 11.8 / Full year 5.7） |
| Operating profit | Second quarter (interim period) 11,800 / Full year 24,000 → Second quarter (interim period) 16,300 / Full year 28,500（Second quarter (interim period) 38.1 / Full year 18.8） |
| Ordinary income | Second quarter (interim period) 12,100 / Full year 24,600 → Second quarter (interim period) 17,100 / Full year 29,600（Second quarter (interim period) 41.3 / Full year 20.3） |
| Profit attributable to owners of the parent | Second quarter (interim period) 8,400 / Full year 17,100 → Second quarter (interim period) 11,900 / Full year 20,600（Second quarter (interim period) 41.7 / Full year 20.5） |
| Net income per share | Second quarter (interim period) 325.05 / Full year 661.71 → Second quarter (interim period) 460.49 / Full year 797.15 |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Second quarter (interim period) and full year |
| Publication date of previous forecast | 13 May 2026 |
| Previous-period results | Second quarter (interim period) Net Sales 288,248 Sales and profit: million yen; earnings per share: yen and sen / Operating profit 8,061 Sales and profit: million yen; earnings per share: yen and sen / Ordinary income 8,441 Sales and profit: million yen; earnings per share: yen and sen / Interim net income attributable to owners of the parent 6,087 Sales and profit: million yen; earnings per share: yen and sen / Interim net income per share 235.04 Sales and profit: million yen; earnings per share: yen and sen / Full year Net Sales 687,843 Sales and profit: million yen; earnings per share: yen and sen / Operating profit 22,437 Sales and profit: million yen; earnings per share: yen and sen / Ordinary income 23,549 Sales and profit: million yen; earnings per share: yen and sen / Profit attributable to owners of the parent 16,753 Sales and profit: million yen; earnings per share: yen and sen / Net income per share 647.59 Sales and profit: million yen; earnings per share: yen and sen |
| Reason for the revision | For the interim period, the volume of precious metals recycling handled in the electronic devices sector exceeded expectations, and the profit margin in the precious metals-related business also improved. The profit margin in the food-related business likewise improved, supported by sales of products that addressed customer needs. For the full year, the forecast for the second half was unchanged because the outlook for production in the electronic devices sector, precious metals prices and personal consumption remains uncertain, while the interim forecast revision was reflected. |
| Dividend forecast revision | The second-quarter-end dividend changed from ¥55.00 to ¥60.00 per share, and the year-end dividend changed from ¥55.00 to ¥60.00 per share, an increase of ¥5 in each case. The annual dividend increased from ¥110.00 to ¥120.00 per share. |
| 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.For the interim period, the volume of precious metals recycling handled in the electronic devices sector exceeded expectations, and the profit margin in the precious metals-related business improved. The profit margin in the food-related business also improved, supported by sales of products that addressed customer needs. For the full year, the forecast for the second half was unchanged, while the upward revision to the interim forecast was reflected. The dividend was increased based on the balance between the revised earnings forecast and retained earnings for growth investment.