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Earnings278ATerra Drone CorporationElectrical Equipment and Precision Instruments

Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending January 2027 [Japanese GAAP] (Consolidated)

Interim-period revenue rose 15.1% year on year to ¥2,235 million, while the operating loss widened to ¥819 million. The full-year earnings forecast and annual dividend forecast were unchanged, and 3 overseas subsidiaries were added to the scope of consolidation.

Worth reading
63In focus
Scored from 5 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
15.1
Year-on-year revenue growth (%)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 February 2026 to 31 July 2026ConsolidatedJapanese GAAP
Net Sales2,235¥ millionYear on year +15.1%Progress 44.1%
Operating profit-819¥ million
Ordinary income-695¥ million
Net income attributable to owners of the parent-680¥ 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−¥69.26
Financial position at period-end
Total assets11,746¥ million
of which net assets 9,889 ¥ millionEquity ratio 83.8%vs. prior year-end +14.1pt

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.

Cash inflows and outflows
Operating-458,353
Investment+164,083
Financials+5,791,648
Net change+5,497,378

Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ thousand).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.

Cash and cash equivalents at end of period¥7,285,361 thousand
Segment revenueDrone Solutions segment ¥1,906,693 thousand, Flight Operations Management segment ¥328,771 thousand
Segment profitDrone Solutions segment ¥-444,255 thousand, Flight Operations Management segment ¥-374,863 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
Profit attributable to owners of the parent¥-1,266 million
Revision to Earnings ForecastNet Sales 5,073 / Operating profit -1,658 / Ordinary income -1,419 / Profit attributable to owners of the parent -1,266 → Net Sales 5,073 / Operating profit -1,658 / Ordinary income -1,419 / Profit attributable to owners of the parent -1,266
Annual Dividend Forecast¥0.00 → ¥0.00(0.0)
Factors Behind Changes in Business Performance

In drone solutions, surveying and disaster recovery, inspections, and agriculture grew, driven by domestic projects, indoor inspection services and hardware sales, and projects in Indonesia. In operations management, acquisition of UTM projects progressed, mainly overseas, while demand for safety management and regulatory compliance increased in Europe and the Middle East.

Disclosure regarding the going concern assumption

Not applicable.

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 3 / Company name Sora Consulting GmbH, Euro USC Netherlands, Terra Defense Europe OU / Excluded Not disclosed
Breakdown of extraordinary income (loss)Extraordinary income No / Extraordinary loss Loss on Disposal of Fixed Assets ¥8,398 thousand, Contract cancellation losses ¥94,722 thousand, Total extraordinary loss ¥103,120 thousand
Depreciation and amortization¥226,800 thousand
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingHeld (対象者:Not disclosed)
Issued Shares at Period-End10,397,100 Shares
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 February 2026 to 31 July 2026
Net Sales¥2,235 million (YoY +15.1%)
Operating profit¥-819 million
Ordinary income¥-695 million
Profit attributable to owners of the parent¥-680 million
Net income per share−¥69.26
Equity ratioEnd of the current fiscal period 83.8 / End of previous period 69.7
Total assets¥11,746 million
Net assets¥9,889 million
Cash flows from operating activities¥-458,353 thousand
Cash flows from investing activities¥164,083 thousand
Cash flows from financing activities¥5,791,648 thousand
Cash and cash equivalents at end of period¥7,285,361 thousand
Full-year earnings forecastNet Sales ¥5,073 million (YoY +6.1%) / Operating profit ¥-1,658 million / Ordinary income ¥-1,419 million / Profit attributable to owners of the parent ¥-1,266 million
Revision to Earnings ForecastNet Sales 5,073 / Operating profit -1,658 / Ordinary income -1,419 / Profit attributable to owners of the parent -1,266 → Net Sales 5,073 / Operating profit -1,658 / Ordinary income -1,419 / Profit attributable to owners of the parent -1,266
Annual Dividend Forecast¥0.00 → ¥0.00(0.0)
Segment revenueDrone Solutions segment ¥1,906,693 thousand, Flight Operations Management segment ¥328,771 thousand
Segment profitDrone Solutions segment ¥-444,255 thousand, Flight Operations Management segment ¥-374,863 thousand
Depreciation and amortization¥226,800 thousand
Breakdown of extraordinary income (loss)Extraordinary income No / Extraordinary loss Loss on Disposal of Fixed Assets ¥8,398 thousand, Contract cancellation losses ¥94,722 thousand, Total extraordinary loss ¥103,120 thousand
Disclosure regarding the going concern assumptionNot applicable.
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 3 / Company name Sora Consulting GmbH, Euro USC Netherlands, Terra Defense Europe OU / Excluded Not disclosed
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingHeld (対象者:Not disclosed)
Issued Shares at Period-End10,397,100 Shares
Factors Behind Changes in Business PerformanceIn drone solutions, surveying and disaster recovery, inspections, and agriculture grew, driven by domestic projects, indoor inspection services and hardware sales, and projects in Indonesia. In operations management, acquisition of UTM projects progressed, mainly overseas, while demand for safety management and regulatory compliance increased in Europe and the Middle East.
Items this document does not state (8)
Operating MarginPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogImpairment lossMaterial subsequent eventsTreasury Shares at Period-End

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.

Growth was recorded in surveying and disaster recovery, inspections, and agriculture, with domestic projects, indoor inspection services and hardware sales, and projects in Indonesia driving revenue. Acquisition of UTM projects also progressed, mainly overseas, while demand for drone-operation safety management and regulatory compliance increased in Europe and the Middle East.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending January 2027 [Japanese GAAP] (Consolidated) | Terra Drone Corporation (278A) timely disclosure | Komori