Revised forecast
Fiscal year ending February 2027 · Second quarter (interim period) and full yearPrevious forecast published 15 April 2026The bar length represents the relative magnitude of change, based on the item that changed the most in this document.
Supported by the popularity of the TOUR AD 2026 FI model in the US market, orders from foreign-affiliated club manufacturers remained strong, and sales volumes of the Company's branded shafts exceeded initial expectations. Foreign exchange movements also contributed positively, leading to higher revenue and an improved gross profit margin.
| Item | Details |
|---|---|
| Net Sales | Interim period 1,421 / Full year 2,890 → Interim period 1,877 / Full year 3,320（Interim period 32.1 / Full year 14.9） |
| Operating profit | Interim period 107 / Full year 307 → Interim period 381 / Full year 525（Interim period 256.1 / Full year 71.0） |
| Ordinary income | Interim period 108 / Full year 309 → Interim period 417 / Full year 509（Interim period 286.1 / Full year 64.7） |
| Profit attributable to owners of the parent | Interim net profit 65 / Full-year net profit 208 → Interim net profit 294 / Full-year net profit 334（Interim period 352.3 / Full year 60.6） |
| Net income per share | Interim period 10.15 / Full year 32.08 → Interim period 45.35 / Full year 51.64 |
| Fiscal Period Covered | Fiscal year ending February 2027 |
| Period Covered | Second quarter (interim period) and full year |
| Publication date of previous forecast | 15 April 2026 |
| Previous-period results | Second quarter (interim period): revenue ¥1,313 million, operating profit ¥38 million, ordinary profit ¥31 million, interim net profit ¥17 million, interim net profit per share ¥2.73. Full year: revenue ¥2,711 million, operating profit ¥156 million, ordinary profit ¥215 million, net profit ¥144 million, net profit per share ¥22.26. |
| Reason for the revision | Supported by the popularity of the TOUR AD 2026 FI model in the US market, orders from foreign-affiliated club manufacturers remained strong, and sales volumes of the Company's branded shafts exceeded initial expectations. Foreign exchange movements also contributed positively, leading to higher revenue and an improved gross profit margin. |
| Dividend forecast revision | No change. The annual dividend of ¥30 per share will be maintained, comprising an interim dividend of ¥15 and a year-end dividend of ¥15. |
| Consolidated / non-consolidated | Non-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.Against a backdrop of the popularity of the TOUR AD 2026 FI model in the US market, orders from foreign-affiliated club manufacturers were strong, and sales volumes of the Company's branded shafts exceeded initial expectations. Foreign exchange movements also contributed positively, leading to higher revenue and an improved gross profit margin. For the full year, however, the Company said that numerous uncertainties, including challenging market conditions, higher oil prices resulting from the situation in the Middle East, a stronger dollar and weaker yen, and inflation concerns, made further revenue growth difficult to anticipate.