Asahi Diamond Industrial Co.,Ltd. [6140.T]
TOKYO, Apr 16 (Pulse News Wire) – Asahi Diamond Industrial CO.,LTD. (6140.T) reported that its pension liabilities are expected to decrease significantly for the fiscal year ending March 31, 2027, leading to reduced pension expenses in cost of sales and selling, general, and administrative expenses.
The decline in pension debt is attributed to lower discount rates based on government bonds, resulting in higher-than-expected long-term investment returns. Consequently, the company anticipates a reduction of ¥1.074 billion in pension costs for the upcoming fiscal year compared to the previous year's ¥584 million, marking a decrease of ¥1.658 billion. In addition, one domestic subsidiary also experienced positive investment outcomes, further contributing to the overall reduction in pension expenses.
This development is expected to positively impact the company’s operating profit margin. For the fiscal year ending March 31, 2027, detailed performance forecasts will be disclosed during the earnings release scheduled for May 15, 2026. Notably, preliminary estimates for the fiscal year ending March 31, 2026, indicate projected revenue of ¥41.99 billion, operating profit of ¥2.417 billion, ordinary profit of ¥3.387 billion, net income attributable to parent company shareholders of ¥1.936 billion, and earnings per share of ¥39.4 million.
Comparatively, the prior fiscal year ended with revenues of ¥41.01 billion, operating profit of ¥2.311 billion, ordinary profit of ¥3.070 billion, net income of ¥2.493 billion, and earnings per share of ¥48.4 million.
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