Revised forecast
Fiscal year ending March 2027 · Full yearPrevious forecast published 23 July 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.
In the Electrical Materials and Piping Materials businesses, alternative demand arose in the first quarter due to advance procurement of certain products resulting from the situation in the Middle East and supply constraints. Although a reactionary decline had been anticipated from the second quarter onward, performance remained firm. Although higher raw material prices and other factors are expected to weigh on profit, profit is expected to exceed the previous forecast due to the revenue increase resulting from price revisions and other factors.
| Item | Details |
|---|---|
| Net Sales | ¥48,530 million → ¥48,984 million（+0.9%） |
| Operating profit | ¥6,232 million → ¥6,927 million（+11.1%） |
| Ordinary income | ¥6,398 million → ¥7,125 million（+11.4%） |
| Profit attributable to owners of the parent | ¥4,342 million → ¥4,755 million（+9.5%） |
| Net income per share | 268.54 yen and sen → 293.91 yen and sen |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Full year |
| Publication date of previous forecast | 23 July 2026 |
| Previous-period results | Net sales: ¥45,673 million; operating profit: ¥6,723 million; ordinary profit: ¥6,899 million; profit attributable to owners of the parent: ¥4,696 million; earnings per share: ¥290.73 |
| Reason for the revision | In the Electrical Materials and Piping Materials businesses, alternative demand arose in the first quarter due to advance procurement of certain products resulting from the situation in the Middle East and supply constraints. Although a reactionary decline had been anticipated from the second quarter onward, performance remained firm. Although higher raw material prices and other factors are expected to weigh on profit, profit is expected to exceed the previous forecast due to the revenue increase resulting from price revisions and other factors. |
| Dividend forecast revision | No revision (the dividend forecast has not been changed in connection with this revision to the earnings forecast) |
| 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.Although a reactionary decline in alternative demand had been anticipated in the Electrical Materials and Piping Materials businesses following advance procurement of certain products due to the situation in the Middle East and alternative demand arising from supply constraints, performance remained firm. Net sales are therefore expected to exceed the previous forecast. Although higher raw material prices and other factors are expected to weigh on profit, profit is expected to exceed the previous forecast due to the revenue increase resulting from price revisions and other factors.