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Presentation materials for financial resultsFiscal year ending March 20268 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥42,812 million-2.1%
Operating profit¥1,066 million-23.9%
Ordinary income¥523 million-43.7%
Net income¥351 million-45.2%
Results for the three months of the current quarter
Fourth quarter of the fiscal year ended March 2026
Net Sales
¥11,143 million
Operating profit
¥359 million
Ordinary profit or loss
¥123 million
Net income or loss attributable to owners of the parent
¥99 million
Full-year earnings forecast
Fiscal year ending March 2027
Net Sales
¥50,000 million
Operating profit
¥1,700 million
Ordinary income
¥1,200 million
Profit attributable to owners of the parent
¥850 million
Progress against full-year forecast 通期の予想に対して、いまどこまで進んだかの割合です。
Achievement rate versus the revised forecast for the fiscal year ended March 2026
Net Sales97.7%
Operating profit92.7%
Ordinary income65.5%
Profit attributable to owners of the parent64.0%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
The differences in revenue and operating profit were minor. Ordinary profit and below, however, fell significantly short of the previously announced forecastBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Ordinary income for the fiscal year ended March 2026
Decrease in gross profit-¥355 million
Selling, General and Administrative Expenses+¥21 million
Interest expenses+¥149 million
Foreign-Exchange Gains and Losses-¥217 million
Other non-operating income (loss)-¥4 million
Ordinary profit outlook for the fiscal year ending March 2027
Gross profit+¥714 million
Selling, General and Administrative Expenses-¥79 million
Interest expenses-¥234 million
Foreign-Exchange Gains and Losses+¥251 million
Other non-operating income (loss)+¥23 million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Assumptions: sustained-high memory prices, AI-related demand, and a fixed budget exchange rate. Figures are Not disclosedNew initiatives
- Investment in Human Resources
- DX investment (digitalization, etc.)
- Winning AI server-related projects
- Expansion of the foundry-related business
Segment results
Semiconductor products
Net Sales
¥26,103 million
Year on year against the same period last year-9.6%
Displays
Net Sales
¥7,461 million
Year on year against the same period last year-2.6%
Systems Products
Net Sales
¥7,710 million
Year on year against the same period last year+43.7%
Batteries and power equipment
Net Sales
¥1,254 million
Year on year against the same period last year-21.8%
Other
Net Sales
¥282 million
Medium-term management plan targets
Throughout the new medium-term management plan period, the company aims to achieve steady growth in revenue and profit and complete a business structure capable of continuously building profit. Numerical targets are Not disclosedAnnual Dividend
Fiscal year ending March 2026
¥130 per share
BreakdownYear-End Dividend
Forecast for the fiscal year ending March 2027
¥135 per share
BreakdownYear-End Dividend
Payout ratio
The forecast for the fiscal year ending March 2027 is approximately 30%| Item | Details |
|---|---|
| Document type | Presentation materials for financial results |
| Fiscal Period Covered | Fiscal year ending March 2026 |
| Net Sales | ¥42,812 million (YoY -2.1%) |
| Operating profit | ¥1,066 million (YoY -23.9%) |
| Ordinary income | ¥523 million (YoY -43.7%) |
| Net income | ¥351 million (YoY -45.2%) |
| Results for the three months of the current quarter | Fourth quarter of the fiscal year ended March 2026 Net Sales ¥11,143 million / Operating profit ¥359 million / Ordinary profit or loss ¥123 million / Net income or loss attributable to owners of the parent ¥99 million |
| Full-year earnings forecast | Fiscal year ending March 2027 Net Sales ¥50,000 million / Operating profit ¥1,700 million / Ordinary income ¥1,200 million / Profit attributable to owners of the parent ¥850 million |
| Progress against full-year forecast | Achievement rate versus the revised forecast for the fiscal year ended March 2026 Net Sales 97.7% / Operating profit 92.7% / Ordinary income 65.5% / Profit attributable to owners of the parent 64.0% |
| Self-assessment against the plan | The differences in revenue and operating profit were minor. Ordinary profit and below, however, fell significantly short of the previously announced forecast |
| Segment results | Semiconductor products Net Sales ¥26,103 million / Year on year against the same period last year -9.6% / Displays Net Sales ¥7,461 million / Year on year against the same period last year -2.6% / Systems Products Net Sales ¥7,710 million / Year on year against the same period last year +43.7% / Batteries and power equipment Net Sales ¥1,254 million / Year on year against the same period last year -21.8% / Other Net Sales ¥282 million |
| Breakdown of Factors Affecting the Change | Ordinary income for the fiscal year ended March 2026 Decrease in gross profit -¥355 million / Selling, General and Administrative Expenses +¥21 million / Interest expenses +¥149 million / Foreign-Exchange Gains and Losses -¥217 million / Other non-operating income (loss) -¥4 million / Ordinary profit outlook for the fiscal year ending March 2027 Gross profit +¥714 million / Selling, General and Administrative Expenses -¥79 million / Interest expenses -¥234 million / Foreign-Exchange Gains and Losses +¥251 million / Other non-operating income (loss) +¥23 million |
| Assumptions Underlying the Business Outlook | Assumptions: sustained-high memory prices, AI-related demand, and a fixed budget exchange rate. Figures are Not disclosed |
| Medium-term management plan targets | Throughout the new medium-term management plan period, the company aims to achieve steady growth in revenue and profit and complete a business structure capable of continuously building profit. Numerical targets are Not disclosed |
| Annual Dividend | Fiscal year ending March 2026 ¥130 per share / Forecast for the fiscal year ending March 2027 ¥135 per share |
| Payout ratio | The forecast for the fiscal year ending March 2027 is approximately 30% |
| New initiatives | Investment in Human Resources, DX investment (digitalization, etc.), Winning AI server-related projects, Expansion of the foundry-related business |
Items this document does not state (14)
Gross Profit MarginOperating profit marginSelling, general and administrative expensesKey KPIsUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookFinancial targetsAcquisition of treasury sharesCapital expendituresOrders received and order backlogMarket Size / ShareKey points of the Q&A
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.For the fiscal year ended March 2026, revenue declined due to the transfer of distribution channels for part of the automotive business, the reactionary decline in the foundry business from the previous year, the normalization of demand for PCs, and a decrease in the business serving residential energy storage systems. In addition, gross profit declined as the cost ratio increased amid changes in procurement conditions resulting from fluctuations in the memory market. The expansion of the net position in dollar-denominated assets and liabilities, together with increased foreign exchange losses caused by exchange-rate movements at fiscal year-end, weighed on ordinary profit and below. For the fiscal year ending March 2027, the main recovery drivers are expected to be sustained-high memory prices, new projects, demand for AI servers, and an increase in testing equipment and EMS projects.
How to read this page
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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.