Nagoya Denki Kogyo (6797) on Oct. 16 lowered its first-half sales forecast for the fiscal year ending March 2027 to ¥4.75 billion from ¥5.2 billion, while narrowing its projected net loss attributable to owners of the parent to ¥340 million from ¥830 million.
The revision applies to the consolidated forecast for the April 1-Sept. 30, 2026 period that the company announced on May 12, 2026. The sales projection was cut by ¥450 million, or 8.7%. The operating loss forecast was narrowed to ¥460 million from ¥780 million, and the ordinary loss forecast to ¥430 million from ¥750 million. Loss per share is now projected at ¥28.85, versus ¥70.61 previously.
| Item | Previous | Revised | H1 FY3/2026 actual |
|---|---|---|---|
| Net sales | 5,200 | 4,750 | 5,616 |
| Operating profit | -780 | -460 | 1 |
| Ordinary profit | -750 | -430 | 17 |
| Net profit attributable to owners of parent | -830 | -340 | 221 |
| EPS (yen) | -70.61 | -28.85 | 18.83 |
Figures in millions of yen except EPS.
The company, listed on the Tokyo Stock Exchange Standard market and the Nagoya Stock Exchange Main market, said progress on large projects in its social infrastructure business fell short of initial assumptions, pushing expected sales below the previous forecast. At the same time, the project delays shifted the timing of related costs to later periods, narrowing the operating, ordinary and net losses from the earlier projections.
The company kept its full-year consolidated forecast unchanged, saying it expects to make up the delays in large projects going forward and also expects the associated costs to be incurred. It said it would disclose promptly if events requiring a revision arise.
| 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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