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.
The Company expects revenue and profit growth as it returns to a growth trajectory. It recognizes uncertainty in the business environment, including the situation in the Middle East, and has not factored any refunds of U.S. tariffs into its earnings forecast.
The Company recognized ¥1,954 million in restructuring costs, including losses on inventory disposal, in connection with the closure of its golf equipment business. In the previous fiscal year, it recognized ¥14,263 million in restructuring costs, including impairment losses on piano production equipment.
| Item | Details |
|---|---|
| Net Sales | Not disclosed → ¥490,000 million（+5.3%） |
| Operating profit | Not disclosed → ¥38,000 million（+29.8%） |
| Profit attributable to owners of the parent | Not disclosed → ¥28,000 million（+18.0%） |
| Net income per share | Not disclosed → 63.65 yen |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Full year |
| Previous-period results | Revenue: ¥465,330 million; business profit: ¥31,879 million; operating profit: ¥29,274 million; profit before tax: ¥35,287 million; profit attributable to owners of the parent: ¥23,720 million; basic earnings per share: ¥52.70 |
| Reason for the revision | The Company expects revenue and profit growth as it returns to a growth trajectory. It recognizes uncertainty in the business environment, including the situation in the Middle East, and has not factored any refunds of U.S. tariffs into its earnings forecast. |
| Details and amount of extraordinary loss | The Company recognized ¥1,954 million in restructuring costs, including losses on inventory disposal, in connection with the closure of its golf equipment business. In the previous fiscal year, it recognized ¥14,263 million in restructuring costs, including impairment losses on piano production equipment. |
| Dividend forecast revision | For the fiscal year ending March 2027, the Company plans to pay an interim dividend of ¥13, a year-end dividend of ¥13 and an annual dividend of ¥26. No explicit statement that the dividend forecast is unchanged has been provided. |
| 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.The Company expects revenue and profit growth as it returns to a growth trajectory. At the same time, it recognizes uncertainty in the business environment, including the situation in the Middle East, and has not factored any refunds of U.S. tariffs into its earnings forecast.