Revised forecast
Fiscal year ending March 2027 · Full yearPrevious forecast published 15 May 2026The bar length represents the relative magnitude of change, based on the item that changed the most in this document.
Although sales to New Zealand and Europe and other regions grew and sales expanded through the addition of Chinese automotive brands, competition intensified in Australia, overhead and sales promotion expenses and other costs increased, and provision for expected credit losses on loans was recognized in connection with OzCar's voluntary administration proceedings.
Rather than as an extraordinary loss, approximately ¥1,353 million in provision for expected credit losses on loans to OzCar was recognized as finance costs. Of this amount, ¥81 million was recognized in the first quarter of the fiscal year and ¥1,272 million in the current interim consolidated accounting period.
| Item | Details |
|---|---|
| Net Sales | 380,000 Millions of yen → 410,000 Millions of yen（+7.9%） |
| Operating profit | 11,900 Millions of yen → 11,700 Millions of yen（-1.7%） |
| Profit attributable to owners of the parent | 3,200 Millions of yen → 1,100 Millions of yen（-65.6%） |
| Net income per share | ¥46.75 → ¥16.07 |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Full year |
| Publication date of previous forecast | 15 May 2026 |
| Previous-period results | Revenue: ¥315,507 million; operating profit: ¥9,837 million; profit before tax: ¥4,496 million; profit for the period: ¥2,719 million; profit for the period attributable to owners of the parent: ¥2,469 million; basic earnings per share: ¥36.16 (fiscal year ending March 2026) |
| Reason for the revision | Although sales to New Zealand and Europe and other regions grew and sales expanded through the addition of Chinese automotive brands, competition intensified in Australia, overhead and sales promotion expenses and other costs increased, and provision for expected credit losses on loans was recognized in connection with OzCar's voluntary administration proceedings. |
| Details and amount of extraordinary loss | Rather than as an extraordinary loss, approximately ¥1,353 million in provision for expected credit losses on loans to OzCar was recognized as finance costs. Of this amount, ¥81 million was recognized in the first quarter of the fiscal year and ¥1,272 million in the current interim consolidated accounting period. |
| Dividend forecast revision | No revision. The full-year dividend forecast is ¥18 per share, comprising an interim dividend of ¥8 and a year-end dividend 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 the used-vehicle export business, sales to New Zealand and Europe and other regions grew, while competition intensified in Australia as Chinese automotive brands expanded their market presence. In the multi-dealer new-vehicle business, unit sales and revenue increased, but overhead and sales promotion expenses also rose. In addition, approximately ¥1,353 million in provision for expected credit losses on loans was recognized as finance costs in connection with OzCar's voluntary administration proceedings.