Revised forecast
Fiscal year ending March 2027 · Full yearThe bar length represents the relative magnitude of change, based on the item that changed the most in this document.
Although demand for capital investment driven by renewal needs and safety investments in social infrastructure, including railways, as well as labor-saving and workforce-reduction needs, is expected to remain firm, declines in passenger numbers, higher prices, labor shortages, rising costs and supply chain constraints are expected to potentially affect the earnings environment.
No extraordinary loss was recorded for the fiscal year ended March 2026. In the previous fiscal year, an impairment loss of ¥43.460 million was recorded.
| Item | Details |
|---|---|
| Net Sales | Not disclosed → ¥32,000 million（-5.5%） |
| Operating profit | Not disclosed → ¥600 million（-17.5%） |
| Ordinary income | Not disclosed → ¥710 million（-6.4%） |
| Profit attributable to owners of the parent | Not disclosed → ¥460 million（-8.4%） |
| Net income per share | Not disclosed → 160.1 yen |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Full year |
| Previous-period results | Net sales: ¥33,864 million; operating profit: ¥727 million; ordinary profit: ¥758 million; net income attributable to owners of the parent: ¥502 million; earnings per share: ¥174.94 |
| Reason for the revision | Although demand for capital investment driven by renewal needs and safety investments in social infrastructure, including railways, as well as labor-saving and workforce-reduction needs, is expected to remain firm, declines in passenger numbers, higher prices, labor shortages, rising costs and supply chain constraints are expected to potentially affect the earnings environment. |
| Details and amount of extraordinary loss | No extraordinary loss was recorded for the fiscal year ended March 2026. In the previous fiscal year, an impairment loss of ¥43.460 million was recorded. |
| Dividend forecast revision | For the fiscal year ending March 2027, annual dividends of ¥25.00 are forecast, comprising an interim dividend of ¥0.00 and a year-end dividend of ¥25.00. Whether the dividend forecast has been revised: 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.For the fiscal year ended March 2026, the performance of the domestic railway operators that are the company's major customers was strong, driven by inbound demand related to Expo 2025 Osaka-Kansai and the weaker yen, increasing investment demand. In addition, some customers brought forward their manufacturing schedules and repair plans, resulting in projects originally planned for the next fiscal year and beyond being concentrated in the current fiscal year. For the fiscal year ending March 2027, demand is expected for railway-related renewal projects, safety investments, labor-saving and workforce-reduction measures, while declines in passenger numbers, rising costs, labor shortages and supply chain constraints are also expected to have an impact.