Notice of Revision to Consolidated Earnings Guidance for Fiscal Year Ending March 2027

Key Points of Results

Nishikawa Rubber Co., Ltd. has revised its consolidated earnings guidance for the fiscal year ending March 2027. Net sales were left unchanged at 118,000 hundred million yen from the previous forecast. Operating income was revised down by 1,000 million yen to 6,500 million yen, ordinary income was revised down by 600 million yen to 8,000 million yen, and net income attributable to owners of parent was revised down by 700 million yen to 5,800 million yen. Results for the same period of the previous fiscal year were: net sales 122,138 million yen, operating income 9,052 million yen, ordinary income 11,189 million yen, net income 10,960 million yen, and earnings per share 293.81 yen.

Background and Outlook

Although the first half saw revenue and profit growth supported by strengthened regional revenue bases and cost improvements, the company expects demand trends at major customers in China and Thailand and rising raw material prices in the second half, leading to a full-year operating income below the previous forecast. Yen depreciation acted as a positive factor, but overall the high raw material costs and a cautious view on demand trends weighed on the revision. Actual results depend on assumptions and may fluctuate depending on future developments.