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Revisions to earnings forecasts7952Kawai Musical Instruments Manufacturing Co.,Ltd.Information and Communications, Services and Others

Notice Regarding Revisions to Full-Year Earnings Forecasts for the Fiscal Year Ending March 2027

The full-year consolidated earnings forecast for the fiscal year ending March 2027 was revised downward. Net sales changed from ¥60 billion to ¥74 billion, operating profit from ¥1.8 billion to ¥700 million, and net income attributable to owners of the parent from ¥1.6 billion to ¥500 million.

Worth reading
62In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Deterioration
Direction inferred from the company’s description.
Scale
-6000
¥ million (change in net sales)
Wording
Avoiding a definitive answer
How definitive the wording is.

Revised forecast

Fiscal year ending March 2027 · Full yearPrevious forecast published 14 May 2026
Net Sales80,000→74,000million
-7.5%
Operating profit1,800→700million
-61.1%
Ordinary income1,900→900million
-52.6%
Profit attributable to owners of the parent1,600→500million
-68.8%
Net income per share—→—Yen and sen
—

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

Reason for the revision

Sales of musical instruments in the musical instrument education business are expected to fall below plan, particularly in Japan and Europe, and profit is expected to decline due to lower sales and higher production costs.

Previous-period resultsNet sales ¥72,049 million, operating profit ¥113 million, ordinary profit ¥952 million, net income attributable to owners of the parent ¥1,141 million, and basic earnings per share ¥132.73 (fiscal year ended March 2026)
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net Sales¥80,000 million → ¥74,000 million(-7.5%)
Operating profit¥1,800 million → ¥700 million(-61.1%)
Ordinary income¥1,900 million → ¥900 million(-52.6%)
Profit attributable to owners of the parent¥1,600 million → ¥500 million(-68.8%)
Net income per share¥186.02 → ¥58.11
Fiscal Period CoveredFiscal year ending March 2027
Period CoveredFull year
Publication date of previous forecast14 May 2026
Previous-period resultsNet sales ¥72,049 million, operating profit ¥113 million, ordinary profit ¥952 million, net income attributable to owners of the parent ¥1,141 million, and basic earnings per share ¥132.73 (fiscal year ended March 2026)
Reason for the revisionSales of musical instruments in the musical instrument education business are expected to fall below plan, particularly in Japan and Europe, and profit is expected to decline due to lower sales and higher production costs.
Consolidated / non-consolidatedConsolidated
Items this document does not state (2)
Details and amount of extraordinary lossDividend forecast revision

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.

Sales of musical instruments in the musical instrument education business are expected to fall below plan in Japan and Europe, while profit is expected to decline due to lower sales and higher production costs.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding Revisions to Full-Year Earnings Forecasts for the Fiscal Year Ending March 2027 | Kawai Musical Instruments Manufacturing Co.,Ltd. (7952) timely disclosure | Komori