Revised forecast
Fiscal year ending August 2026 · Full yearPrevious forecast published 15 October 2025The 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.
Consolidated revenue, operating profit and ordinary profit were revised downward due to the carryover of large-scale projects to the following fiscal year, a pullback in orders and sales of marine-related equipment, depreciation expenses for the new factory, costs for securing personnel and improving employee compensation, and costs related to the acquisition of subsidiary shares, among other factors. Consolidated net income was revised upward due to the recognition of ¥447 million in subsidy income as extraordinary income. The non-consolidated forecast was revised downward due to lower revenue, higher selling, general and administrative expenses, lower non-operating income, and a loss on valuation of shares in affiliated companies, among other factors.
Impairment losses and loss on disposal of fixed assets, among other items (consolidated; amount not disclosed), and a ¥173 million loss on valuation of shares in affiliated companies (non-consolidated)
| Item | Details |
|---|---|
| Net Sales | ¥10,800 million → ¥10,324 million（△4.4） |
| Operating profit | ¥1,120 million → ¥737 million（△34.2） |
| Ordinary income | ¥1,150 million → ¥836 million（△27.3） |
| Profit attributable to owners of the parent | ¥690 million → ¥748 million（8.4） |
| Net income per share | 148.74 yen → 165.56 yen |
| Fiscal Period Covered | Fiscal year ending August 2026 |
| Period Covered | Full year |
| Publication date of previous forecast | 15 October 2025 |
| Previous-period results | Consolidated: Revenue ¥10,114 million, operating profit ¥911 million, ordinary profit ¥986 million, net income attributable to owners of the parent ¥573 million, net income per share ¥123.64. Non-consolidated: Revenue ¥4,543 million, operating profit ¥77 million, ordinary profit ¥673 million, net income ¥609 million, net income per share ¥131.49. |
| Reason for the revision | Consolidated revenue, operating profit and ordinary profit were revised downward due to the carryover of large-scale projects to the following fiscal year, a pullback in orders and sales of marine-related equipment, depreciation expenses for the new factory, costs for securing personnel and improving employee compensation, and costs related to the acquisition of subsidiary shares, among other factors. Consolidated net income was revised upward due to the recognition of ¥447 million in subsidy income as extraordinary income. The non-consolidated forecast was revised downward due to lower revenue, higher selling, general and administrative expenses, lower non-operating income, and a loss on valuation of shares in affiliated companies, among other factors. |
| Details and amount of extraordinary loss | Impairment losses and loss on disposal of fixed assets, among other items (consolidated; amount not disclosed), and a ¥173 million loss on valuation of shares in affiliated companies (non-consolidated) |
| Consolidated / non-consolidated | Consolidated/non-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.Some large-scale projects were carried over to the following fiscal year due to the situation in the Middle East and delays in customers' internal order approvals. Other factors that reduced profit included a pullback in orders and sales of marine-related equipment, depreciation expenses for the new factory, costs for securing personnel and improving employee compensation, and costs related to the acquisition of subsidiaries. Meanwhile, consolidated net income attributable to owners of the parent is expected to exceed the previous forecast due to the recognition of ¥447 million in subsidy income. On a non-consolidated basis, the downward revision was attributable to higher personnel expenses, lower non-operating income and a ¥173 million loss on valuation of shares in affiliated companies, among other factors.