Revised forecast
Fiscal year ending March 2027 · Second quarter (interim period) and full yearPrevious forecast published 8 May 2026The bar length represents the relative magnitude of change, based on the item that changed the most in this document. The percentage change shown by the dotted line is calculated from the two reported figures because the company did not provide the rate.
The interim period is expected to exceed the previous forecast due to expanding demand for high-performance materials and semiconductor components for AI servers, firm sales to the commercial vehicle industry, and sharply higher nonferrous metal prices. For the full year, the forecast is expected to exceed the previous forecast after taking into account continued demand growth, higher steel prices in the second half, and demand for construction projects to improve working environments in connection with heat-stress countermeasures.
| Item | Details |
|---|---|
| Net Sales | Second quarter (interim period) 150,000 / Full year 305,000 → Second quarter (interim period) 160,000 / Full year 325,000（Second quarter (interim period) 6.7 / Full year 6.6） |
| Operating profit | Second quarter (interim period) 3,800 / Full year 8,300 → Second quarter (interim period) 4,800 / Full year 10,300（Second quarter (interim period) 26.3 / Full year 24.1） |
| Ordinary income | Second quarter (interim period) 4,050 / Full year 8,600 → Second quarter (interim period) 5,100 / Full year 10,500（Second quarter (interim period) 25.9 / Full year 22.1） |
| Profit attributable to owners of the parent | Second quarter (interim period) 3,000 / Full year 6,600 → Second quarter (interim period) 3,600 / Full year 8,100（Second quarter (interim period) 20 / Full year 22.7） |
| Net income per share | Second quarter (interim period) 143.49 / Full year 315.67 → Second quarter (interim period) 173.8 / Full year 391.04 |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Second quarter (interim period) and full year |
| Publication date of previous forecast | 8 May 2026 |
| Previous-period results | Second quarter (interim period) Period Covered Second quarter of the fiscal year ended March 2026 / Net Sales 142,373 / Operating profit 3,229 / Ordinary income 3,520 / Profit attributable to owners of the parent 2,930 / Net income per share 139.38 / Full year Period Covered Fiscal year ending March 2026 / Net Sales 292,191 / Operating profit 7,673 / Ordinary income 8,162 / Profit attributable to owners of the parent 6,568 / Net income per share 314.18 |
| Reason for the revision | The interim period is expected to exceed the previous forecast due to expanding demand for high-performance materials and semiconductor components for AI servers, firm sales to the commercial vehicle industry, and sharply higher nonferrous metal prices. For the full year, the forecast is expected to exceed the previous forecast after taking into account continued demand growth, higher steel prices in the second half, and demand for construction projects to improve working environments in connection with heat-stress countermeasures. |
| Dividend forecast revision | End of the second quarter Increased by ¥8 per share from ¥42.00 to ¥50.00 / End of period Increased by ¥10 per share from ¥45.00 to ¥55.00 / Annual total Increased by ¥18 per share from ¥87.00 to ¥105.00 |
| 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 main reasons for the interim period were that net sales and profit in the overseas group businesses exceeded expectations, driven by expanding demand for high-performance materials and semiconductor components for AI servers, sales to the commercial vehicle industry remained firm, and nonferrous metal prices rose sharply. For the full year, the forecast also reflects expectations of continued demand growth, higher steel prices in the second half, and demand for construction projects to improve working environments in connection with heat-stress countermeasures. The dividend forecast was increased in consideration of the upward revision to the earnings forecasts and the strengthening of shareholder returns.