Revised forecast
Fiscal year ending March 2027 · Second quarter (interim period) and full yearPrevious forecast published 7 August 2026The bar length represents the relative magnitude of change, based on the item that changed the most in this document.
As stainless steel manufacturers implemented price increases in response to higher raw material prices and other costs, the company promoted revisions to selling prices to reflect purchase prices. In addition, demand related to semiconductors recovered sharply, and sales volumes exceeded plan. Although speculative demand is showing signs of settling during the full year, demand related to semiconductors, shipbuilding and infrastructure is expected to remain strong, prompting these revisions.
| Item | Details |
|---|---|
| Net Sales | Interim period: 27,000–30,000; full year: 54,000–59,000 → Interim period: 28,600; full year: 55,000–60,000(Interim period: 5.9 to −4.7; full year: 1.9 to 1.7) |
| Operating profit | Interim period: 1,000–1,300; full year: 2,100–2,600 → Interim period: 1,390; full year: 2,900–3,400(Interim period: 39.0 to 6.9; full year: 38.1 to 30.8) |
| Ordinary income | Interim period: 1,000–1,200; full year: 2,000–2,400 → Interim period: 1,320; full year: 2,800–3,300(Interim period: 32.0 to 10.0; full year: 40.0 to 37.5) |
| Profit attributable to owners of the parent | Interim period: 2,000–2,500; full year: 2,700–3,300 → Interim period: 2,330; full year: 3,200–3,700(Interim period: 16.5 to −6.8; full year: 18.5 to 12.1) |
| Net income per share | Interim period: 187.84–234.80; full year: 253.58–309.93 → Interim period: 226.23; full year: 305.56–353.31 |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Second quarter (interim period) and full year |
| Publication date of previous forecast | 7 August 2026 |
| Previous-period results | Interim period: net sales of ¥24,449 million, operating profit of ¥564 million, ordinary profit of ¥526 million, interim net income attributable to owners of the parent of ¥274 million, and interim earnings per share of ¥24.90 (second quarter of the fiscal year ended March 2026). Full year: net sales of ¥49,725 million, operating profit of ¥1,298 million, ordinary profit of ¥1,259 million, net income attributable to owners of the parent of ¥667 million, and earnings per share of ¥60.49 (fiscal year ended March 2026). |
| Reason for the revision | As stainless steel manufacturers implemented price increases in response to higher raw material prices and other costs, the company promoted revisions to selling prices to reflect purchase prices. In addition, demand related to semiconductors recovered sharply, and sales volumes exceeded plan. Although speculative demand is showing signs of settling during the full year, demand related to semiconductors, shipbuilding and infrastructure is expected to remain strong, prompting these revisions. |
| Dividend forecast revision | The forecast for the year-end dividend for the fiscal year ending March 2027 is scheduled to be announced together with the disclosure of the interim earnings report on 10 November. The specific details of the revisions to the dividend forecast on this occasion are not disclosed. |
| 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 reasons are revisions to selling prices in response to higher raw material prices and other costs, sales volumes exceeding plan as demand related to semiconductors recovered sharply, and expectations that demand related to semiconductors, shipbuilding and infrastructure will remain strong.