Showa Shinku Co., Ltd. (6384) on Oct. 16 cut its consolidated forecast for the first half of the fiscal year ending March 2027, now projecting sales of ¥2.37 billion, down from ¥3.5 billion, and a net loss attributable to owners of the parent of ¥203 million versus a previously forecast profit of ¥52 million.
The company said multiple projects were postponed to the second half or later, cutting projected first-half sales by ¥1.129 billion, or 32.3%, from its previous forecast. Lower sales also pushed operating profit, ordinary profit and net profit into the red.
| Item | Previous | Revised |
|---|---|---|
| Sales | ¥3.5 billion | ¥2.37 billion |
| Operating profit | ¥65 million | -¥199 million |
| Ordinary profit | ¥77 million | -¥197 million |
| Net profit (owners of parent) | ¥52 million | -¥203 million |
| EPS | ¥8.42 | -¥32.98 |
The previous forecast, released May 13, 2026, covered April 1-Sept. 30, 2026. In the same period a year earlier, the company posted sales of ¥3.695 billion, operating profit of ¥129 million, ordinary profit of ¥151 million and net profit of ¥91 million, or ¥14.89 per share.
Showa Shinku said it expects to book sales from the delayed projects within the second half, making the impact a matter of timing. It left its full-year consolidated forecast for the year ending March 2027 unchanged at sales of ¥8.8 billion, operating profit of ¥803 million, ordinary profit of ¥823 million and net profit of ¥560 million, or ¥90.66 per share.
| Hikari Tsushin, Inc. | |
| Offer price | ¥1,000 per common share |
| M&A / TOB | 1 |
| Guidance | 0 |
| Buybacks | 0 |
| Dividends | 0 |
| Capital | 0 |
| Earnings | 0 |
| People | 0 |
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