Torishima Pump Mfg. Co., Ltd.
Notice Regarding Acquisition of the Shares of Shinnihon Zoki Co., Ltd. (Subsidiary) and Revision of the Full-Year Consolidated Earnings Forecast
As a result of acquiring Shinnihon Zoki shares, full-year consolidated earnings forecast for the fiscal year ending March 2027 has been raised. Net sales are revised from 95,500 million to 103,900 million, and net income attributable to owners of the parent is revised from 3,800 million to 7,100 million. The acquisition impacts six months of the current period in the consolidated results, including a special profit of 3.2 billion yen.
Key Figures
- Net sales: 103,900 million yen
- Operating income: 5,700 million yen
- Ordinary income: 4,800 million yen
- Net income attributable to owners of the parent: 7,100 million yen
AI要約
Overview of Results
By acquiring the shares of Shinnihon Zoki, we incorporate the effects of consolidating the subsidiary and raise the full-year consolidated earnings forecast. The increase in net sales, operating income, and ordinary income, along with the contribution from the acquisition in the form of a special profit, is expected to lead to a substantial increase in net income attributable to owners of the parent. Note that the acquisition is of a six-month impact in the current year due to the company’s June fiscal year-end.
Outlook and Considerations
Shinnihon Zoki's order backlog is expected to be carried forward to 7/1 closing at 20.5 billion yen. From FY2027 onward, it will be consolidated on a full-year basis as usual. A revision to the medium-term plan Beyond110 is planned, and going forward we will monitor Shinnihon Zoki's actual results and the contribution from the special profit as factors affecting future performance.
Saionji Manufacturing Co., Ltd.
Company overview · Stock price · Financial data · All IR
