From the third quarter of the fiscal year ending March 2027, transition to non-consolidated accounting. Through absorption of Hokuriku KTC and HI-TOOL as wholly owned subsidiaries, there will be no consolidated subsidiaries, and the full-year individual earnings forecast has been revised. Net sales are expected to exceed the previous forecast, but operating income, ordinary income, and net income are projected to be below the previous forecast due to losses at Hokuriku KTC. Earnings per share remain at 40 yen interim and 40 yen year-end dividends. 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Through absorption of Hokuriku KTC and HI-TOOL as wholly owned subsidiaries, there will be no consolidated subsidiaries, and the full-year individual earnings forecast has been revised. Net sales are expected to exceed the previous forecast, but operating income, ordinary income, and net income are projected to be below the previous forecast due to losses at Hokuriku KTC. Earnings per share remain at 40 yen interim and 40 yen year-end dividends. The assumptions include the sales upswing from the merger effects and the negative impact of losses.","jir_summary":"### Overview of results and transition\nFrom the third quarter of the fiscal year ending March 2027, the company will transition to non-consolidated accounting. By absorbing Hokuriku KTC and HI-TOOL, there will be no consolidated subsidiaries, and the full-year individually prepared earnings forecast has been revised. Although sales are expected to exceed the previous forecast, operating income, ordinary income, and net income are expected to be below the previous forecast due to losses at Hokuriku KTC. Also, the cumulative second-quarter forecast remains unchanged, and the dividend forecast remains at 40 yen for the interim and 40 yen for the year-end.\n\n### Outlook and cautions\nSales are expected to exceed the initial full-year forecast due to merger effects, but profits are expected to be below due to loss impacts. Caution is needed as financial metrics become difficult to compare due to non-consolidation. Earnings per share have decreased from prior expectations, and there is no change to the dividend policy. There are no changes to the 2Q cumulative forecast. Investors should monitor the sustainability of sales growth from the merger and the outlook for recovery of losses.","jir_financial_highlights":"Sales: 8,200 (increase from the previous forecast)\nOperating income: 690 (decrease from the previous forecast)\nOrdinary income: 730 (decrease from the previous forecast)\nNet income for the period: 510 (decrease from the previous forecast)\nEarnings per share: 211.06 (decrease from the previous forecast)","jir_category":"","jir_hashtags":"#KyotoToolManufacturing, #NonConsolidatedAccountingTransition, #HokurikuKTC, #HI_TOOL, #EarningsForecastRevision","jir_key_figures":"Sales: 8,200 \u2192 8,300 million yen\nOperating income: 690 \u2192 650 million yen\nNet income for the period: 510 \u2192 480 million yen\nEarnings per share: 211.06 \u2192 198.47 yen","jir_meta_title":"\u3010Kyoto Tool Manufacturing\u3011Non-consolidated accounting transition and full-year forecast revision | FY2027","jir_meta_description":"Kyoto Tool Manufacturing transitions to non-consolidated accounting from the third quarter of FY2027, absorbing Hokuriku KTC and HI-TOOL. Full-year individual forecast revised; sales are expected to exceed, but profits are forecast to be lower. Dividend unchanged. Key focus going forward is the merger effects and the recovery outlook for losses.","jir_og_title":"Kyoto Tool Manufacturing Announces Non-consolidated Transition and Adjusted Full-year Forecast","jir_og_description":"Kyoto Tool Manufacturing will switch to non-consolidated accounting from FY2027. Although sales are expected to rise due to merger effects, profits are expected to fall. Dividend remains unchanged. Investors should watch growth trends and the outlook for loss recovery.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":59695,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-113391","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n