Revised forecast
Fiscal year ending March 2027 · Second quarter (interim period) and full yearPrevious forecast published 13 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.
For the interim period, sales of drive system products for the semiconductor-related equipment market exceeded plan, while sales of automotive motor cores and other products affected by the slowdown in EVs fell below plan. Operating profit declined in line with the decrease in net sales, while ordinary profit is expected to become an ordinary loss due in part to the recognition of a ¥60 million equity-method investment loss. Despite recognizing a ¥309 million deferred income tax adjustment, interim net profit is expected to substantially exceed plan due to gains of ¥979 million on the sale of investment securities and other factors. Full-year net profit remains undecided because the cost impact varies significantly depending on which of the multiple options for fundamental restructuring of overseas subsidiaries is pursued, making it difficult to calculate a reasonable estimate of the impact.
| Item | Details |
|---|---|
| Net Sales | Interim period 11,100 / Full year 25,800 → Interim period 10,800 / Full year 25,800（Interim period △2.7％ / Full year Not disclosed） |
| Operating profit | Interim period 150 / Full year 770 → Interim period 115 / Full year 770（Interim period △23.3％ / Full year Not disclosed） |
| Ordinary income | Interim period 50 / Full year 550 → Interim period -34 / Full year 550 |
| Profit attributable to owners of the parent | Interim period 10 / Full year 330 → Interim period 710 / Full year Undecided |
| Net income per share | Interim period ¥1.76 / Full year ¥58.31 → Interim period ¥127.56 / Full year Not disclosed |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Second quarter (interim period) and full year |
| Publication date of previous forecast | 13 May 2026 |
| Previous-period results | Interim period Net Sales 8,617 / Operating profit -74 / Ordinary income -87 / Interim net income attributable to owners of the parent 120 / First-half net income per share ¥21.03 / Full year Net Sales 19,501 / Operating profit 32 / Ordinary income 11 / Profit attributable to owners of the parent -96 / Earnings per share ¥(17.08) |
| Reason for the revision | For the interim period, sales of drive system products for the semiconductor-related equipment market exceeded plan, while sales of automotive motor cores and other products affected by the slowdown in EVs fell below plan. Operating profit declined in line with the decrease in net sales, while ordinary profit is expected to become an ordinary loss due in part to the recognition of a ¥60 million equity-method investment loss. Despite recognizing a ¥309 million deferred income tax adjustment, interim net profit is expected to substantially exceed plan due to gains of ¥979 million on the sale of investment securities and other factors. Full-year net profit remains undecided because the cost impact varies significantly depending on which of the multiple options for fundamental restructuring of overseas subsidiaries is pursued, making it difficult to calculate a reasonable estimate of the impact. |
| Dividend forecast revision | No revision (second-quarter-end and year-end dividends) |
| Consolidated / non-consolidated | Consolidated (the explanation of the deferred income tax adjustment includes a separate-company disclosure) |
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 interim period, sales of drive system products for the semiconductor-related equipment market exceeded plan, but sales of automotive motor cores and other products affected by the slowdown in EVs fell below plan, resulting in lower net sales and operating profit. Ordinary profit declined due to the decrease in operating profit and the recognition of a ¥60 million equity-method investment loss. Despite recognizing a ¥309 million deferred income tax adjustment, interim net profit exceeded plan due mainly to the recognition of a ¥979 million gain on the sale of investment securities. Full-year net profit was left undecided because the company is considering multiple options for fundamental restructuring of its overseas subsidiaries, making it difficult to calculate the impact of the associated costs.