Revised forecast
Fiscal year ending March 2026 · Full year (1 April 2025 to 31 March 2026)Previous forecast published 11 November 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.
Net sales were below forecast, mainly because fuel oil prices declined following the abolition of the former provisional tax rate. Operating income was below forecast because profitability declined significantly as selling prices failed to keep pace with higher PKS procurement costs, and because the Company recorded a loss on the sale of solar power plants held for sale. Ordinary income exceeded forecast, mainly because, following the transfer of all shares in Jリーフ株式会社, equity-method investment losses recorded through the third quarter were reclassified as a loss on the sale of shares in an affiliated company within extraordinary losses.
Loss on the sale of solar power plants held for sale and loss on the sale of shares in an affiliated company. Amount: Not disclosed.
| Item | Details |
|---|---|
| Net Sales | 42,500 Millions of yen → 39,425 Millions of yen（-7.2%） |
| Operating profit | -100 Millions of yen → -185 Millions of yen |
| Ordinary income | 200 Millions of yen → 317 Millions of yen（+58.9%） |
| Profit attributable to owners of the parent | 3,600 Millions of yen → 3,661 Millions of yen（+1.7%） |
| Net income per share | 539.21 yen and sen → 548.37 yen and sen |
| Fiscal Period Covered | Fiscal year ending March 2026 |
| Period Covered | Full year (1 April 2025 to 31 March 2026) |
| Publication date of previous forecast | 11 November 2025 |
| Previous-period results | Fiscal year ended March 2025: net sales of ¥39,034 million, operating income of ¥384 million, ordinary income of ¥556 million, net income attributable to owners of the parent of ¥615 million, and basic earnings per share of ¥92.18 |
| Reason for the revision | Net sales were below forecast, mainly because fuel oil prices declined following the abolition of the former provisional tax rate. Operating income was below forecast because profitability declined significantly as selling prices failed to keep pace with higher PKS procurement costs, and because the Company recorded a loss on the sale of solar power plants held for sale. Ordinary income exceeded forecast, mainly because, following the transfer of all shares in Jリーフ株式会社, equity-method investment losses recorded through the third quarter were reclassified as a loss on the sale of shares in an affiliated company within extraordinary losses. |
| Details and amount of extraordinary loss | Loss on the sale of solar power plants held for sale and loss on the sale of shares in an affiliated company. Amount: Not disclosed. |
| 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.Net sales were below forecast, mainly because fuel oil prices declined following the abolition of the former provisional tax rate. Operating income was below forecast because profitability declined as selling prices failed to keep pace with higher PKS procurement costs, and because the Company recorded a loss on the sale of solar power plants held for sale. Ordinary income exceeded forecast, mainly because, in connection with the transfer of all shares in Jリーフ株式会社, equity-method investment losses previously recorded were reclassified as a loss on the sale of shares in an affiliated company and recognized as an extraordinary loss.