Asahi Seiki Kogyo (6111) on Oct. 29 cut its operating profit forecast for the fiscal year ending March 2027 by 98.0% to ¥1 million from ¥50 million and lowered its sales forecast to ¥14.0 billion from ¥14.5 billion, after its first-half operating loss widened to ¥149 million.
The Nagoya Stock Exchange-listed company released non-consolidated first-half earnings (kessan tanshin) alongside the revision, which replaces forecasts issued on April 30. It said sales of automatic and special-purpose machines and press machines are expected to fall short of its initial plan, reflecting customer demand trends.
| Item | Previous | Revised | Change |
|---|---|---|---|
| Sales | ¥14.5 billion | ¥14.0 billion | -3.4% |
| Operating profit | ¥50 million | ¥1 million | -98.0% |
| Recurring profit | ¥40 million | ¥10 million | -75.0% |
| Net profit | ¥30 million | ¥20 million | -33.3% |
For the April-September half, sales rose 11.7% to ¥5,596 million, while the operating loss widened to ¥149 million from ¥53 million a year earlier. The company posted a net loss of ¥98 million, compared with a net profit of ¥693 million a year earlier. It cited depreciation costs from the launch of next-generation vehicle (xEV) parts in its precision metal parts business and lower sales of machinery including press machines.
Sales at the precision processing division rose 53.3% to ¥4,678 million, with small-caliber ammunition up 47.4% to ¥1,666 million on government budget execution. Machinery division sales fell 53.1% to ¥917 million, as press machine sales dropped 62.1% on weaker sales of presses for electric-vehicle battery cans.
The company kept its annual dividend forecast at ¥60 per share.
Next steps: The company plans to file its semi-annual securities report on Nov. 13, 2026.
| 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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