Sanei Ltd. disclosed the differences between its second-quarter results for the fiscal year ending March 2027 and its previous forecasts. Net sales were below the prior forecast by -559 million yen, operating income was -447 million yen, ordinary income was -467 million yen, and interim net income attributable to owners of parent was -305 million yen. The full-year forecast was also revised down: net sales -1,300 million yen, operating income -900 million yen, ordinary income -950 million yen, and net income attributable to owners of parent -630 million yen. The primary causes are a downturn in the housing market, surging raw material costs, and delayed pass-through of price revisions.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"price_fetched_at":"","company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"6230","jir_company_name":"Sanei Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-10-26","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/10\/6230-20261026-02.pdf","jir_short_summary":"Sanei Ltd. disclosed the differences between its second-quarter results for the fiscal year ending March 2027 and its previous forecasts. Net sales were below the prior forecast by -559 million yen, operating income was -447 million yen, ordinary income was -467 million yen, and interim net income attributable to owners of parent was -305 million yen. The full-year forecast was also revised down: net sales -1,300 million yen, operating income -900 million yen, ordinary income -950 million yen, and net income attributable to owners of parent -630 million yen. The primary causes are a downturn in the housing market, surging raw material costs, and delayed pass-through of price revisions.","jir_summary":"### Key Points of Forecast Revisions and Differences\nSanei Ltd. disclosed the differences between its second-quarter results for the fiscal year ending March 2027 and its previous forecasts and has downwardly revised its full-year consolidated earnings forecasts. Net sales were impacted by a downturn in the housing market and rising raw material costs, resulting in operating income, ordinary income, and net income attributable to owners of parent all falling short of prior forecasts. In particular, interim net income per share declined sharply to 38.27 yen. The full-year forecast has likewise been revised downward, with sustained high raw material and procurement prices and delayed penetration of sales price revisions cited as factors suppressing profits.\n\n### Outlook and Impact for Investors\nWhile the company states that strong performance of water-related products centered on the IENI series continues, the ongoing weakness in housing demand and high raw material costs are expected to continue pressuring profit margins. The company plans to mitigate downside risks by accelerating the implementation of price revisions, strengthening cost control, and reinforcing product lines. Investors should be aware of the downside risk to full-year profit forecasts.","jir_financial_highlights":"Net Sales: Previous Forecast (A) 15,000 million yen \/ Actual (B) 14,441 million yen (-559 million yen)\nOperating Income: Previous Forecast (A) 780 million yen \/ Actual (B) 333 million yen (-447 million yen)\nOrdinary Income: Previous Forecast (A) 750 million yen \/ Actual (B) 283 million yen (-467 million yen)\nInterim Net Income Attributable to Owners of Parent: Previous Forecast (A) 480 million yen \/ Actual (B) 175 million yen (-305 million yen)\nInterim Net Income per Share: Previous Forecast (A) 104.85 yen \/ Actual (B) 38.27 yen (-66.58 yen)\nNet Sales (Full Year): Previous Forecast (A) 30,800 million yen \/ Revised (B) 29,500 million yen (-1,300 million yen)\nOperating Income (Full Year): Previous Forecast (A) 2,000 million yen \/ Revised (B) 1,100 million yen (-900 million yen)\nOrdinary Income (Full Year): Previous Forecast (A) 1,950 million yen \/ Revised (B) 1,000 million yen (-950 million yen)\nNet Income Attributable to Owners of Parent (Full Year): Previous Forecast (A) 1,280 million yen \/ Revised (B) 650 million yen (-630 million yen)\nNet Income per Share (Full Year): Previous Forecast (A) 279.61 yen \/ Revised (B) 141.99 yen (-137.62 yen)","jir_category":"","jir_hashtags":"#housingmarket #rawmaterialcosts #pricepass-through #IENIseries #SaneiLtd","jir_key_figures":"Net Sales (Q2): 14,441 million yen (Previous Forecast 15,000 million yen, -559 million yen)\nOperating Income (Q2): 333 million yen (Previous Forecast 780 million yen, -447 million yen)\nInterim Net Income Attributable to Owners of Parent (Q2): 175 million yen (Previous Forecast 480 million yen, -305 million yen)","jir_meta_title":"Sanei Ltd. \u2014 Differences Between Q2 FY2027 Forecasts and Results & Full-Year Forecast Revision","jir_meta_description":"Sanei Ltd. announced variances between its Q2 FY2027 results and prior forecasts and has revised down its full-year earnings forecast. Details on sales and profit downgrades and the outlook are provided.","jir_og_title":"Sanei Ltd. Earnings Revision Notice","jir_og_description":"Q2 FY2027 results and full-year forecasts revised downward. Main causes are a weak housing market and high raw material costs. Outlook and investor impact explained.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":59021,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-134100","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n