Revised forecast
Fiscal year ending March 2026 · Full yearPrevious forecast published 15 May 2025The bar length represents the relative magnitude of change, based on the item that changed the most in this document.
The performance of certain subsidiaries has fallen below the initial plan, and indicators of impairment have been identified due to declining profitability and other factors. Accordingly, the Company expects to recognize ¥1,028 million in impairment losses relating to goodwill and fixed assets. Expenditures of ¥1,124 million for a new EV development project will not be capitalized as fixed assets and will instead be recognized in full as research and development expenses for the current fiscal year.
On a consolidated basis, the Company expects to recognize ¥1,028 million in impairment losses relating to goodwill and fixed assets. On a standalone basis, the Company expects to recognize a ¥1,385 million valuation loss on shares of subsidiaries and affiliates as an extraordinary loss.
| Item | Details |
|---|---|
| Net Sales | ¥370,000 million → ¥388,700 million（+5.0%） |
| Operating profit | ¥13,000 million → ¥11,000 million（-15.4%） |
| Profit attributable to owners of the parent | ¥7,000 million → ¥4,900 million（-30.0%） |
| Net income per share | ¥59.31 → ¥41.51 |
| Fiscal Period Covered | Fiscal year ending March 2026 |
| Period Covered | Full year |
| Publication date of previous forecast | 15 May 2025 |
| Previous-period results | Revenue: ¥351,630 million; operating profit: ¥10,859 million; profit before tax: ¥9,732 million; profit for the year attributable to owners of the parent: ¥5,302 million; basic earnings per share: ¥43.83 (fiscal year ended March 2025) |
| Reason for the revision | The performance of certain subsidiaries has fallen below the initial plan, and indicators of impairment have been identified due to declining profitability and other factors. Accordingly, the Company expects to recognize ¥1,028 million in impairment losses relating to goodwill and fixed assets. Expenditures of ¥1,124 million for a new EV development project will not be capitalized as fixed assets and will instead be recognized in full as research and development expenses for the current fiscal year. |
| Details and amount of extraordinary loss | On a consolidated basis, the Company expects to recognize ¥1,028 million in impairment losses relating to goodwill and fixed assets. On a standalone basis, the Company expects to recognize a ¥1,385 million valuation loss on shares of subsidiaries and affiliates as an extraordinary loss. |
| Consolidated / non-consolidated | Consolidated / non-consolidated (standalone) |
Items this document does not state (2)
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.The performance of certain subsidiaries has fallen below the initial plan, and indicators of impairment have been identified due to declining profitability and other factors. Accordingly, the Company expects to recognize ¥1,028 million in impairment losses relating to goodwill and fixed assets. In addition, expenditures of ¥1,124 million for a new EV development project will not be capitalized as fixed assets and will instead be recognized in full as research and development expenses for the current fiscal year.