Revised forecast
Fiscal year ending March 2027 · Second quarter (interim period) and full yearPrevious forecast published 14 August 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.
Sales of finished watches and movements in the watch business exceeded expectations, while the effect of higher revenue and the refund of additional U.S. tariffs contributed to improved profitability. Machine tool sales increased on higher demand across a wide range of industries, including AI and semiconductors, while sales of core products such as photo printers were strong in the device business.
| Item | Details |
|---|---|
| Net Sales | Second quarter (interim period) 196,000 / Full year 395,000 → Second quarter (interim period) Actual 207103 / Full year 422,000(Second quarter (interim period) 5.7% / Full year 6.8%) |
| Operating profit | Second quarter (interim period) 20,500 / Full year 40,500 → Second quarter (interim period) Actual 29228 / Full year 53,000(Second quarter (interim period) 42.6% / Full year 30.9%) |
| Ordinary income | Second quarter (interim period) 22,500 / Full year 43,500 → Second quarter (interim period) Actual 30935 / Full year 55,500(Second quarter (interim period) 37.5% / Full year 27.6%) |
| Profit attributable to owners of the parent | Second quarter (interim period) 17,000 / Full year 32,000 → Second quarter (interim period) Actual 24371 / Full year 40,000(Second quarter (interim period) 43.4% / Full year 25.0%) |
| Net income per share | Second quarter (interim period) 69.67 / Full year 131.15 → Second quarter (interim period) Actual 99.89 / Full year 163.94 |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Second quarter (interim period) and full year |
| Publication date of previous forecast | 14 August 2026 |
| Previous-period results | Second quarter (interim period) Net Sales 159,250 / Operating profit 12,986 / Ordinary income 16,197 / Interim net income attributable to owners of the parent 11,880 / Interim net profit per share 48.7 / Full year Net Sales 346,808 / Operating profit 30,250 / Ordinary income 38,456 / Profit attributable to owners of the parent 31,100 / Net income per share 127.48 |
| Reason for the revision | Sales of finished watches and movements in the watch business exceeded expectations, while the effect of higher revenue and the refund of additional U.S. tariffs contributed to improved profitability. Machine tool sales increased on higher demand across a wide range of industries, including AI and semiconductors, while sales of core products such as photo printers were strong in the device business. |
| Consolidated / non-consolidated | Consolidated |
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.In the core watch business, sales of finished watches and movements exceeded expectations, while the effect of higher revenue and the refund of additional U.S. tariffs also contributed to improved profitability. In addition, machine tool sales increased on higher demand across a wide range of industries, including AI and semiconductors, while sales of core products such as photo printers were strong in the device business.