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Revision of earnings forecasts7952Kawai Musical Instruments Manufacturing Co.,Ltd.Information and Communications, Services and Others

Summary of Financial Results for the Fiscal Year Ending March 2026 [Japanese GAAP] (Consolidated)

Reported consolidated results for the fiscal year ended March 2026 and newly presented full-year forecasts for the fiscal year ending March 2027. For the fiscal year ending March 2027, sales of ¥800 billion, operating profit of ¥1.8 billion, ordinary profit of ¥1.9 billion and net income of ¥1.6 billion are projected, while the dividend forecast remains unchanged at ¥95 for the full year.

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Revised forecast

Fiscal year ending March 2027 · Full year
Net Sales—→80,000Millions of yen
—
Operating profit—→1,800Millions of yen
—
Ordinary income—→1,900Millions of yen
—
Profit attributable to owners of the parent—→1,600Millions of yen
—
Net income per share—→186.02yen
—

The bar length represents the relative magnitude of change, based on the item that changed the most in this document.

Reason for the revision

The company plans to increase sales and profit through a recovery in overseas-market sales. It will strengthen digital marketing, develop dealers including those in the e-commerce market, expand its sales channels through new company-owned stores, develop new markets such as Latin America, strengthen its production system and implement its product strategy.

Details and amount of extraordinary loss

Loss on sale of fixed assets: ¥46 million; loss on retirement of fixed assets: ¥21 million; total extraordinary loss: ¥68 million

Previous-period resultsNet Sales ¥72,049 million / Operating profit ¥113 million / Ordinary income ¥952 million / Profit attributable to owners of the parent ¥1,141 million / Net income per share ¥132.73
Dividend forecast revisionNo change. A full-year dividend of ¥95, including a year-end dividend of ¥95, is planned for the fiscal year ending March 2027.
Consolidated / non-consolidatedConsolidated / non-consolidated (standalone)
Revised forecast
ItemDetails
Net SalesNot disclosed → 80,000 Millions of yen
Operating profitNot disclosed → 1,800 Millions of yen
Ordinary incomeNot disclosed → 1,900 Millions of yen
Profit attributable to owners of the parentNot disclosed → 1,600 Millions of yen
Net income per shareNot disclosed → 186.02 yen
Fiscal Period CoveredFiscal year ending March 2027
Period CoveredFull year
Previous-period resultsNet Sales ¥72,049 million / Operating profit ¥113 million / Ordinary income ¥952 million / Profit attributable to owners of the parent ¥1,141 million / Net income per share ¥132.73
Reason for the revisionThe company plans to increase sales and profit through a recovery in overseas-market sales. It will strengthen digital marketing, develop dealers including those in the e-commerce market, expand its sales channels through new company-owned stores, develop new markets such as Latin America, strengthen its production system and implement its product strategy.
Details and amount of extraordinary lossLoss on sale of fixed assets: ¥46 million; loss on retirement of fixed assets: ¥21 million; total extraordinary loss: ¥68 million
Dividend forecast revisionNo change. A full-year dividend of ¥95, including a year-end dividend of ¥95, is planned for the fiscal year ending March 2027.
Consolidated / non-consolidatedConsolidated / non-consolidated (standalone)
Items this document does not state (1)
Publication date of previous forecast

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 fiscal year ended March 2026, the recovery in sales fell short of expectations due to lower demand for keyboard instruments in China, increased inventories in the European market and price competition. For the fiscal year ending March 2027, the company plans to pursue digital marketing, expand sales channels, develop new markets, strengthen its production system and implement its product strategy, based on a recovery in overseas-market sales.

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Summary of Financial Results for the Fiscal Year Ending March 2026 [Japanese GAAP] (Consolidated) | Kawai Musical Instruments Manufacturing Co.,Ltd. (7952) timely disclosure | Komori