Revised forecast
Fiscal year ending March 2027 · Full yearPrevious forecast published 27 April 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.
Delays in launching new products, lower sales of flow products, lower revenue due to changes in the composition of automotive manufacturers’ in-vehicle systems and the impact of changes to their production and development plans, and an increase in the cost of sales resulting from changes in the sales mix, among other factors. The decline in net income attributable to owners of the parent will be narrower due to the recognition of extraordinary gains through the second quarter. Making Will Smart Co., Ltd. a consolidated subsidiary is expected to have a limited impact on earnings, but it will contribute to higher revenue, so the revenue forecast remains unchanged.
| Item | Details |
|---|---|
| Net Sales | ¥66,000 million → ¥66,000 million（0.0%） |
| Operating profit | ¥3,600 million → ¥2,200 million（-38.9%） |
| Ordinary income | ¥3,900 million → ¥2,600 million（-33.3%） |
| Profit attributable to owners of the parent | ¥2,500 million → ¥2,400 million（-4.0%） |
| Net income per share | 46.83 yen and sen → 44.95 yen and sen |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Full year |
| Publication date of previous forecast | 27 April 2026 |
| Previous-period results | Revenue: ¥64,277 million; operating profit: ¥3,502 million; ordinary profit: ¥3,866 million; net income attributable to owners of the parent: ¥2,738 million; basic earnings per share: ¥51.30 |
| Reason for the revision | Delays in launching new products, lower sales of flow products, lower revenue due to changes in the composition of automotive manufacturers’ in-vehicle systems and the impact of changes to their production and development plans, and an increase in the cost of sales resulting from changes in the sales mix, among other factors. The decline in net income attributable to owners of the parent will be narrower due to the recognition of extraordinary gains through the second quarter. Making Will Smart Co., Ltd. a consolidated subsidiary is expected to have a limited impact on earnings, but it will contribute to higher revenue, so the revenue forecast remains unchanged. |
| Consolidated / non-consolidated | Consolidated |
Items this document does not state (2)
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 launch of new products related to product solutions is expected to be delayed, and sales of flow products are expected to decline. In mobility solutions, revenue is expected to decrease due to changes in the composition of automotive manufacturers’ in-vehicle systems and the impact of changes to their production and development plans. Profit is expected to fall short due to lower revenue and an increase in the cost of sales resulting from changes in the sales mix, among other factors, but the decline in net income will be narrower due to the recognition of extraordinary gains through the second quarter. Making Will Smart a consolidated subsidiary is expected to have a limited impact on earnings, but it will contribute to higher revenue, so the revenue forecast remains unchanged.