Forecasts
Forecasts (FY2025)
（million of yen）
2024/12 |
2025/12 Forecasts |
Increase/ Decrease |
Increase/ Decrease(%) |
|
| Net Sales | 88,475 |
90,000 |
1,524 |
1.7% |
| Operating Income | 19,201 |
19,500 |
298 |
1.6% |
| Ordinary Income | 19,304 |
19,700 |
395 |
2.1% |
| Net Income | 14,526 |
14,540 |
13 |
0.1% |
The consolidated financial results for the interim accounting period exceeded the initial plan, primarily due to the effects of cost reduction initiatives and the containment of SG&A expenses.
However, from the third quarter onward, the business environment is expected to remain highly uncertain, owing to persistent opacity surrounding the impact of U.S. tariff policies and growing concerns regarding a slowdown in overseas economies.
With regard to the consolidated earnings forecast of our Group for the period from the third quarter onward, we plan to offset the negative impact on profits from the U.S. tariff increases by implementing cost reduction measures and taking necessary countermeasures, and we anticipate sales increase in our Surveillance & FA Lenses segment.
Meanwhile, the full-year forecast has been revised to reflect a projected decrease in demand for certain OEM models in the Photographic Products segment. Nevertheless, we anticipate a recovery in the second half, transitioning from the revenue and profit declines seen in the first half to double-digit growth in both metrics, thereby achieving year-on-year increases in revenue and profit for the full fiscal year as initially planned.
We have revised our exchange rate assumption for the second half onwards as follows.
1 USD/JPY=145 JPY (143 JPY before the revision) and 1 EUR/JPY=168 JPY (158 JPY before the revision)