Published differences between the second quarter forecast and actual results for the fiscal year ending March 2027. Net sales were revised from the previous forecast of 42,200 million yen to actual 46,921 million yen, a +4,721 million yen variance, up 11.2% year-over-year. Operating income was forecast at 14,800 million yen but recorded 17,605 million yen, +2,805 million yen, a 19.0% increase. Ordinary income and interim net income attributable to owners of parent were 17,640 million yen and 12,119 million yen, respectively; prior year results were 7,413 million yen and 600.78 yen. FX information: JPY\/USD 0.006351.<\/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":"5344","jir_company_name":"Maruwa Co.,Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-10-27","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/10\/5344-20261027-02.pdf","jir_short_summary":"Published differences between the second quarter forecast and actual results for the fiscal year ending March 2027. Net sales were revised from the previous forecast of 42,200 million yen to actual 46,921 million yen, a +4,721 million yen variance, up 11.2% year-over-year. Operating income was forecast at 14,800 million yen but recorded 17,605 million yen, +2,805 million yen, a 19.0% increase. Ordinary income and interim net income attributable to owners of parent were 17,640 million yen and 12,119 million yen, respectively; prior year results were 7,413 million yen and 600.78 yen. FX information: JPY\/USD 0.006351.","jir_summary":"### Overview of Variances\nThe differences between the consolidated earnings forecast and actual results for the second quarter of the fiscal year ending March 2027 show that net sales and profits exceeded the previous forecasts. Expansion in information and communications demand and recovery in semiconductor- and automotive-related demand contributed, resulting in net sales of 46,921 million yen and operating income of 17,605 million yen, both above forecasts. While official forecasts for ordinary income and interim net income were not provided for comparison, actual values are presented and explained as variances. Foreign exchange information is provided separately.\n\n### Outlook and Focus Areas\nThe upside in second-quarter results was driven by demand for next-generation high-speed communications, recovery in demand for general-purpose memory, and robust demand in automotive-related segments for new energy vehicles, which are cited as factors that may affect future performance. The information disclosed here pertains to interim variances only; this document does not state whether the full-year outlook will be revised. Uncertainties include foreign exchange effects and market trends.","jir_financial_highlights":"Net Sales: 46,921 million yen (Previous forecast 42,200 million yen \u2192 Actual 46,921 million yen, Variance 4,721 million yen, Change 11.2%)\nOperating Income: 17,605 million yen (Previous forecast 14,800 million yen \u2192 Actual 17,605 million yen, Variance 2,805 million yen, Change 19.0%)\nOrdinary Income: 17,640 million yen (Actual value only; previous forecast -)\nInterim Net Income Attributable to Owners of Parent: 12,119 million yen (Actual value only; previous forecast -)\nInterim Net Income per Share: 982.08 yen (Actual value only; previous forecast -)","jir_category":"","jir_hashtags":"#MaruwaCoLtd \u2013 Interim Variance, #EarningsFlash","jir_key_figures":"Net Sales: 46,921 million yen (Previous forecast 42,200 million yen, +4,721 million yen, 11.2% increase)\nOperating Income: 17,605 million yen (Previous forecast 14,800 million yen, +2,805 million yen, 19.0% increase)\nInterim Net Income per Share: 982.08 yen","jir_meta_title":"Maruwa Co.,Ltd. \u2014 Announcement of Differences for Q2 FY2027 Interim Results | Sales and Profits Beat Forecasts","jir_meta_description":"Maruwa Co.,Ltd. announced differences between its earnings forecast and actual results for the second quarter of FY2027. Net sales were 46,921 million yen, operating income 17,605 million yen, and interim net income per share 982.08 yen. Analysis of drivers behind the beat and outlook provided.","jir_og_title":"Maruwa Co.,Ltd. Announces Interim Variance | Sales and Profits Exceed Forecasts","jir_og_description":"Maruwa Co.,Ltd. disclosed variances for the second quarter of FY2027: net sales 46,921 million yen, operating income 17,605 million yen, interim net income per share 982.08 yen. Factors affecting future outlook summarized.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":7862,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-134765","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n