Revised forecast
Fiscal year ending March 2027 · Six months and full yearPrevious forecast published 8 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.
In Japan, business opportunities in the artificial joint market declined, and there were instances in which the adoption of products was deferred. In the United States, transactions with some existing customers are expected to decline, along with the competitiveness of existing products, and the launch of new products is expected to be delayed. On the profit side, the company expects lower sales, a higher burden of fixed manufacturing costs accompanying lower production volumes, and higher import procurement costs due to the weaker yen. In addition, the forecast incorporates an adjustment to corporate income taxes of ¥629 million due to the reversal of deferred tax assets and one-time expenses of approximately ¥280 million, including retirement-related costs.
An adjustment to corporate income taxes of ¥629 million accompanying the reversal of deferred tax assets, and one-time expenses of approximately ¥280 million, including retirement-related costs.
| Item | Details |
|---|---|
| Net Sales | Cumulative second-quarter results 11,670 / Full year 25,370 → Cumulative second-quarter results 10,437 / Full year 21,700（Cumulative second-quarter results △10.6% / Full year △14.5%） |
| Operating profit | Cumulative second-quarter results -260 / Full year 430 → Cumulative second-quarter results -1,036 / Full year -1,500 |
| Ordinary income | Cumulative second-quarter results -410 / Full year 140 → Cumulative second-quarter results -1,161 / Full year -1,750 |
| Profit attributable to owners of the parent | Cumulative second-quarter results -330 / Full year 60 → Cumulative second-quarter results -1,749 / Full year -2,500 |
| Net income per share | Cumulative second-quarter results -12.53 / Full year 2.28 → Cumulative second-quarter results -66.39 / Full year -94.86 |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Six months and full year |
| Publication date of previous forecast | 8 May 2026 |
| Previous-period results | Second quarter of the fiscal year ending March 2026: net sales of ¥11,610 million, operating profit of ¥208 million, ordinary profit of ¥130 million, interim net income attributable to owners of the parent of ¥69 million, and interim earnings per share of ¥2.65. Full year of the fiscal year ending March 2026: net sales of ¥23,917 million, operating profit of ¥574 million, ordinary profit of ¥534 million, net income attributable to owners of the parent of ¥263 million, and earnings per share of ¥9.99. |
| Reason for the revision | In Japan, business opportunities in the artificial joint market declined, and there were instances in which the adoption of products was deferred. In the United States, transactions with some existing customers are expected to decline, along with the competitiveness of existing products, and the launch of new products is expected to be delayed. On the profit side, the company expects lower sales, a higher burden of fixed manufacturing costs accompanying lower production volumes, and higher import procurement costs due to the weaker yen. In addition, the forecast incorporates an adjustment to corporate income taxes of ¥629 million due to the reversal of deferred tax assets and one-time expenses of approximately ¥280 million, including retirement-related costs. |
| Details and amount of extraordinary loss | An adjustment to corporate income taxes of ¥629 million accompanying the reversal of deferred tax assets, and one-time expenses of approximately ¥280 million, including retirement-related costs. |
| Dividend forecast revision | The dividend at the end of the second quarter remains ¥0, unchanged. The year-end dividend forecast was changed from ¥17 to ¥0, and the annual dividend forecast was changed from ¥17 to ¥0. |
| Consolidated / non-consolidated | Consolidated |
The reasons the company gives
The company's own explanation, not something inferred from the numbers.In Japan, net sales are expected to decline due to fewer business opportunities in the artificial joint market and decisions not to adopt products. In the United States, net sales are expected to decline due to reduced transactions with some existing customers, lower competitiveness of existing products, and delays in launching new products. Profit will be affected by lower sales, a higher burden of fixed manufacturing costs resulting from lower production volumes, higher import procurement costs due to the weaker yen, the recognition of an adjustment to corporate income taxes due to the reversal of deferred tax assets, and one-time expenses including retirement-related costs.