Komori
Earnings278ATerra Drone CorporationElectrical Equipment and Precision Instruments

Summary of Financial Results for the First Quarter of the Fiscal Year Ending January 2027 (Japanese GAAP) (Consolidated)

First-quarter net sales increased 6.6% year on year to ¥1,010 million, while the operating loss widened from ¥283 million to ¥434 million, resulting in a larger loss. The ordinary loss and net loss attributable to owners of the parent also increased from the same period of the previous year.

Worth reading
60In focus
Scored from 5 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
6.6
%
Wording
Conditional
How definitive the wording is.

Results for this period

First quarter1 February 2026–30 April 2026ConsolidatedJapanese GAAP
Net Sales1,010¥ millionYear on year +6.6%Progress 19.9%
Operating profit-434¥ million
Ordinary income-325¥ million
Net income attributable to owners of the parent-249¥ million

The width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.

Net income per share-¥25.65
Financial position at period-end
Total assets6,580¥ million
of which net assets 4,672 ¥ millionEquity ratio 68.1%vs. prior year-end -1.6pt

塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.

Segment revenueDrone Solutions segment ¥848,975 thousand, Flight Operations Management segment ¥161,809 thousand
Segment profitDrone Solutions segment ¥-235,718 thousand, Flight Operations Management segment ¥-199,177 thousand
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥5,073 million (YoY +6.1%)
Operating profit¥-1,658 million
Ordinary income¥-1,419 million
Net income¥-1,266 million
Annual Dividend Forecast¥0.00 → ¥0.00(0.0)
Factors Behind Changes in Business Performance

Growth in Japan and overseas, mainly in the surveying and inspection fields, progress in securing infrastructure-related and facility inspection projects in the Middle East, and progress in securing UTM projects in Europe and the Middle East contributed to performance. In the agricultural business, however, delays in project progress were seen in some regions.

Disclosure regarding the going concern assumption

No applicable matters

Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Changes in the scope of consolidationNew Number of companies 2 / Company name Sora Consulting GmbH, Euro USC Netherlands / Excluded Not disclosed
Impairment loss¥8,928 thousand
Breakdown of extraordinary income (loss)Extraordinary income None recorded for the current period / Extraordinary loss Impairment Losses ¥8,928 thousand, Loss on Disposal of Fixed Assets ¥101 thousand
Depreciation and amortization¥109,415 thousand
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End9,745,300 shares
Treasury Shares at Period-End0 shares
Results for this period
ItemDetails
Fiscal Period ClassificationFirst quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 February 2026–30 April 2026
Net Sales¥1,010 million (YoY +6.6%)
Operating profit¥-434 million
Ordinary income¥-325 million
Profit attributable to owners of the parent¥-249 million
Net income per share-¥25.65
Equity ratioEnd of the current fiscal period 68.1% / End of previous period 69.7%
Total assets¥6,580 million
Net assets¥4,672 million
Full-year earnings forecastNet Sales ¥5,073 million (YoY +6.1%) / Operating profit ¥-1,658 million / Ordinary income ¥-1,419 million / Net income ¥-1,266 million
Annual Dividend Forecast¥0.00 → ¥0.00(0.0)
Segment revenueDrone Solutions segment ¥848,975 thousand, Flight Operations Management segment ¥161,809 thousand
Segment profitDrone Solutions segment ¥-235,718 thousand, Flight Operations Management segment ¥-199,177 thousand
Depreciation and amortization¥109,415 thousand
Impairment loss¥8,928 thousand
Breakdown of extraordinary income (loss)Extraordinary income None recorded for the current period / Extraordinary loss Impairment Losses ¥8,928 thousand, Loss on Disposal of Fixed Assets ¥101 thousand
Disclosure regarding the going concern assumptionNo applicable matters
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No
Changes in the scope of consolidationNew Number of companies 2 / Company name Sora Consulting GmbH, Euro USC Netherlands / Excluded Not disclosed
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End9,745,300 shares
Treasury Shares at Period-End0 shares
Factors Behind Changes in Business PerformanceGrowth in Japan and overseas, mainly in the surveying and inspection fields, progress in securing infrastructure-related and facility inspection projects in the Middle East, and progress in securing UTM projects in Europe and the Middle East contributed to performance. In the agricultural business, however, delays in project progress were seen in some regions.
Items this document does not state (11)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodRevision to Earnings ForecastPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogMaterial subsequent events

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

Solid growth was seen in Japan and overseas, mainly in the surveying and inspection fields. The Company made progress in securing infrastructure-related and facility inspection projects in the Middle East, as well as UTM projects in Europe and the Middle East. In the agricultural business, however, delays in project progress were seen in some regions.

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Summary of Financial Results for the First Quarter of the Fiscal Year Ending January 2027 (Japanese GAAP) (Consolidated) | Terra Drone Corporation (278A) timely disclosure | Komori