Revised forecast
Fiscal year ending December 2026 · Second quarter (interim period) and full yearPrevious forecast published 13 February 2026The bar length represents the relative magnitude of change, based on the item that changed the most in this document.
The revision reflects solid sales of the core thermal transfer media, improvements in production efficiency, reductions in selling, general and administrative expenses and other costs, lower depreciation and amortization expenses following the recognition of impairment losses in the previous fiscal year, and the earlier-than-expected recognition of gains on the sale of cross-held shares. The full-year forecast reflects the incorporation of uncertainty over raw material procurement and upward price pressures arising from the situation in the Middle East, as well as efforts to secure raw materials and temporarily pass costs on to customers.
| Item | Details |
|---|---|
| Net Sales | Interim period: 4,300 / Full year: 9,000 → Interim period: 4,500 / Full year: 9,400（Interim period: 4.7% / Full year: 4.4%） |
| Operating profit | Interim period: -50 / Full year: 150 → Interim period: 50 / Full year: 150（Interim period: — / Full year: 0.0%） |
| Ordinary income | Interim period: -50 / Full year: 120 → Interim period: 80 / Full year: 160（Interim period: — / Full year: 33.3%） |
| Profit attributable to owners of the parent | Interim period: -70 / Full year: 550 → Interim period: 370 / Full year: 600（Interim period: — / Full year: 9.1%） |
| Net income per share | Interim period: -45.73 / Full year: 359.32 → Interim period: 241.57 / Full year: 391.73（Interim period: Not disclosed / Full year: Not disclosed） |
| Fiscal Period Covered | Fiscal year ending December 2026 |
| Period Covered | Second quarter (interim period) and full year |
| Publication date of previous forecast | 13 February 2026 |
| Previous-period results | Interim period: net sales ¥4,101 million, operating loss ¥192 million, ordinary loss ¥199 million, interim net loss attributable to owners of the parent ¥191 million, interim net loss per share ¥125.32 / Full year: net sales ¥8,475 million, operating loss ¥230 million, ordinary loss ¥162 million, net loss attributable to owners of the parent ¥2,701 million, net loss per share ¥1,764.63 |
| Reason for the revision | The revision reflects solid sales of the core thermal transfer media, improvements in production efficiency, reductions in selling, general and administrative expenses and other costs, lower depreciation and amortization expenses following the recognition of impairment losses in the previous fiscal year, and the earlier-than-expected recognition of gains on the sale of cross-held shares. The full-year forecast reflects the incorporation of uncertainty over raw material procurement and upward price pressures arising from the situation in the Middle East, as well as efforts to secure raw materials and temporarily pass costs on to customers. |
| Dividend forecast revision | The previous forecast left the interim dividend, year-end dividend and annual dividend all undetermined. The revised forecast is an interim dividend of ¥0.00, a year-end dividend of ¥118.00 and an annual dividend of ¥118.00. |
| 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.The revisions reflect solid sales of the core thermal transfer media, progress in improving production efficiency and reducing selling, general and administrative expenses, and lower depreciation and amortization expenses in the interim period following the recognition of impairment losses in the previous fiscal year. In addition, gains on the sale of cross-held shares are now expected to be recognized earlier than anticipated, beginning in the interim period. The full-year forecast reflects the incorporation of uncertainty over raw material procurement and upward price pressures arising from the situation in the Middle East, as well as efforts to secure raw materials and temporarily pass costs on to customers. The dividend forecast was revised in light of the revised earnings forecast and the basic policy of maintaining a consolidated dividend payout ratio of at least 30% and a consolidated DOE of at least 1.0%.