Revised forecast
Fiscal year ending March 2026 · Full yearPrevious forecast published 8 May 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.
Although net sales increased in the Information Appliances and Housing and Construction segments, profit is expected to fall below the previous forecast due to unplanned strategic inventory disposal in the fourth quarter of the fiscal year ending March 2026, the upfront profit burden associated with enhanced points initiatives through the third quarter, and the closure of certain large-format stores, among other factors.
| Item | Details |
|---|---|
| Net Sales | ¥1,697,500 million → ¥1,691,000 million（-0.4%） |
| Operating profit | ¥48,900 million → ¥16,100 million（-67.1%） |
| Ordinary income | ¥51,500 million → ¥20,000 million（-61.2%） |
| Profit attributable to owners of the parent | ¥27,300 million → ¥14,000 million（-48.7%） |
| Net income per share | 39.41 yen and sen → 20.8 yen and sen |
| Fiscal Period Covered | Fiscal year ending March 2026 |
| Period Covered | Full year |
| Publication date of previous forecast | 8 May 2025 |
| Previous-period results | Net sales ¥1,629,069 million, operating profit ¥42,821 million, ordinary profit ¥48,045 million, net income attributable to owners of the parent ¥26,912 million, earnings per share ¥38.90 |
| Reason for the revision | Although net sales increased in the Information Appliances and Housing and Construction segments, profit is expected to fall below the previous forecast due to unplanned strategic inventory disposal in the fourth quarter of the fiscal year ending March 2026, the upfront profit burden associated with enhanced points initiatives through the third quarter, and the closure of certain large-format stores, among other factors. |
| Dividend forecast revision | No change (year-end dividend for the fiscal year ending March 2026: ¥17.00 per share) |
| 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.Although higher prices led to consumers holding back on purchases of certain home appliances, net sales increased in the Information Appliances and Housing and Construction segments. The reasons cited for the earnings shortfall against the forecasts include unplanned strategic inventory disposal in the fourth quarter to strengthen the earnings base from the next fiscal year onward, the upfront profit burden associated with enhanced points initiatives through the third quarter, and the closure of certain large-format stores.