Revised forecast
Fiscal year ending March 2027 · Six months and full yearPrevious forecast published 8 May 2026With soaring raw material prices and the instability of the raw material procurement environment lasting longer than expected, the company expanded its raw material procurement routes, brought the production of some raw materials in-house, and revised sales prices. As a result, consolidated results for the first half are expected to exceed the previous forecast. As geopolitical risks are expected to persist and interest rates are expected to rise from the third quarter onward, the company will work to expand sales of high-value-added products, ensure the revised prices become established at an early stage, and increase the benefits of capital investment, and will also revise its full-year forecast upward.
| Item | Details |
|---|---|
| Cumulative second-quarter results | Net Sales ¥52,000 million → ¥53,600 million(+3.1%) / Operating profit ¥700 million → ¥1,900 million(+171.4%) / Ordinary income ¥900 million → ¥2,100 million(+133.3%) / Profit attributable to owners of the parent ¥700 million → ¥1,550 million(+121.4%) / Net income per share 12.34 yen and sen → 27.32 yen and sen |
| Full year | Net Sales ¥112,000 million → ¥115,000 million(+2.7%) / Operating profit ¥4,100 million → ¥5,700 million(+39.0%) / Ordinary income ¥4,500 million → ¥6,000 million(+33.3%) / Profit attributable to owners of the parent ¥3,400 million → ¥4,600 million(+35.3%) / Net income per share 59.92 yen and sen → 81.06 yen and sen |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Six months and full year |
| Publication date of previous forecast | 8 May 2026 |
| Previous-period results | Cumulative second-quarter results Net Sales 52,292 Revenue and profit: ¥ million; earnings per share: yen and sen / Operating profit 1,399 Revenue and profit: ¥ million; earnings per share: yen and sen / Ordinary income 1,710 Revenue and profit: ¥ million; earnings per share: yen and sen / Interim net income attributable to owners of the parent 1,090 Revenue and profit: ¥ million; earnings per share: yen and sen / Interim net income per share 18.73 Revenue and profit: ¥ million; earnings per share: yen and sen / Full year Net Sales 112,337 Revenue and profit: ¥ million; earnings per share: yen and sen / Operating profit 5,100 Revenue and profit: ¥ million; earnings per share: yen and sen / Ordinary income 5,733 Revenue and profit: ¥ million; earnings per share: yen and sen / Profit attributable to owners of the parent 4,459 Revenue and profit: ¥ million; earnings per share: yen and sen / Net income per share 76.86 Revenue and profit: ¥ million; earnings per share: yen and sen |
| Reason for the revision | With soaring raw material prices and the instability of the raw material procurement environment lasting longer than expected, the company expanded its raw material procurement routes, brought the production of some raw materials in-house, and revised sales prices. As a result, consolidated results for the first half are expected to exceed the previous forecast. As geopolitical risks are expected to persist and interest rates are expected to rise from the third quarter onward, the company will work to expand sales of high-value-added products, ensure the revised prices become established at an early stage, and increase the benefits of capital investment, and will also revise its full-year forecast upward. |
| Dividend forecast revision | Year-end dividend The year-end dividend changed from ¥24 to ¥26 per share, an increase of ¥2 from the previous forecast. / Annual Dividend The annual dividend changed from ¥34 to ¥36 per share, an increase of ¥2 from the previous forecast. / Interim Dividend No change, with a forecast of ¥10. |
| 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.In response to soaring raw material prices and the prolonged instability in the raw material procurement environment, the company has expanded its procurement routes, brought the production of some raw materials in-house, and revised sales prices from 27 July. As a result, sales and profit for the first half are expected to exceed the previous forecast. Going forward, the company will work to expand sales of high-value-added products, ensure the revised prices become widely established, and increase the benefits of capital investment.