Revised forecast
Fiscal year ending March 2026 · Full year (1 April 2025 to 31 March 2026)Previous forecast published 15 July 2025The bar length represents the relative magnitude of change, based on the item that changed the most in this document.
Net sales exceeded the forecast because customer production recovered in the domestic segment, newly ordered products contributed to sales, and the yen remained weaker against all currencies than the exchange rates assumed in the initial forecast. On the earnings side, the increase in net sales, price revisions, an improvement in the gross profit margin resulting from higher productivity in the manufacturing segment, and selling, general and administrative expenses falling below plan, mainly in the overseas segment, contributed to results. Although the Company recognized an impairment loss of ¥604 million in the China business as an extraordinary loss, profit attributable to owners of the parent exceeded the full-year earnings forecast.
¥604 million impairment loss on fixed assets, including land-use rights, buildings, and machinery and equipment, held by the 3 core companies responsible for the China business
| Item | Details |
|---|---|
| Net Sales | 39,500 Millions of yen → 40,918 Millions of yen（+3.6%） |
| Operating profit | 1,950 Millions of yen → 2,426 Millions of yen（+24.4%） |
| Ordinary income | 2,400 Millions of yen → 2,966 Millions of yen（+23.6%） |
| Profit attributable to owners of the parent | 2,030 Millions of yen → 2,084 Millions of yen（+2.7%） |
| Net income per share | 157.95〔78.97〕 → 81.40〔162.80〕 |
| Fiscal Period Covered | Fiscal year ending March 2026 |
| Period Covered | Full year (1 April 2025 to 31 March 2026) |
| Publication date of previous forecast | 15 July 2025 |
| Previous-period results | Net sales: ¥40,017 million; operating profit: ¥1,782 million; ordinary profit: ¥2,362 million; profit attributable to owners of the parent: ¥1,522 million; earnings per share: ¥115.95 |
| Reason for the revision | Net sales exceeded the forecast because customer production recovered in the domestic segment, newly ordered products contributed to sales, and the yen remained weaker against all currencies than the exchange rates assumed in the initial forecast. On the earnings side, the increase in net sales, price revisions, an improvement in the gross profit margin resulting from higher productivity in the manufacturing segment, and selling, general and administrative expenses falling below plan, mainly in the overseas segment, contributed to results. Although the Company recognized an impairment loss of ¥604 million in the China business as an extraordinary loss, profit attributable to owners of the parent exceeded the full-year earnings forecast. |
| Details and amount of extraordinary loss | ¥604 million impairment loss on fixed assets, including land-use rights, buildings, and machinery and equipment, held by the 3 core companies responsible for the China business |
| Dividend forecast revision | No change. The year-end dividend for the fiscal year ending March 2026 is scheduled to be paid as announced. |
| Consolidated / non-consolidated | Consolidated |
The reasons the company gives
The company's own explanation, not something inferred from the numbers.Net sales exceeded the forecast because customer production recovered in the domestic segment, newly ordered products contributed to sales, and the yen remained weaker against all currencies than the exchange rates assumed in the initial forecast. On the earnings side, the increase in net sales, price revisions, an improvement in the gross profit margin resulting from higher productivity in the manufacturing segment, and selling, general and administrative expenses falling below plan, mainly in the overseas segment, contributed to results. In the China business, however, sales continued to decline as a result of production cuts, and the Company recognized an impairment loss of ¥604 million on fixed assets.