Results for this period
First quarter1 April 2026 to 30 June 2026ConsolidatedJapanese GAAPThe 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.
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.
In the Automotive Parts Business, net sales increased due to growth in value-added products, the impact of foreign currency translation, strong sales of vehicles ordered by Chinese local manufacturers, and higher order volumes in Europe. Earnings benefited from cost recovery, efficiency initiatives, fixed-cost controls, the consolidation of locations and restructuring of the organizational structure, and improvements in losses on new products. In the Security Equipment Business, net sales increased due to the end of the reactionary decline in housing starts and increased orders for housing-related products, electric locks, and molded products. Profit in the Japan business, however, declined due to the impact of higher material costs and higher import prices resulting from yen depreciation.
No applicable matters.
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 June 2026 |
| Net Sales | ¥19,793 million (YoY +18.5%) |
| Operating profit | ¥310 million |
| Ordinary income | ¥269 million |
| Profit attributable to owners of the parent | ¥60 million (YoY -73.9%) |
| Net income per share | ¥6.31 |
| Equity ratio | End of the current fiscal period 49.4 / End of previous period 50.3 |
| Total assets | ¥77,971 million |
| Net assets | ¥39,325 million |
| Full-year earnings forecast | Net Sales ¥73,000 million / Operating profit ¥1,500 million / Ordinary income ¥1,300 million / Profit attributable to owners of the parent ¥1,000 million |
| Annual Dividend Forecast | ¥50 → ¥51（+2.0%） |
| Segment revenue | Segment Automotive Parts Business (Japan) / Net Sales ¥2,756 million / Year-on-year change (%) ¥22.1 million, Segment North American Automotive Components Business / Net Sales ¥4,119 million / Year-on-year change (%) ¥16.4 million, Segment Automotive Parts Business (Asia) / Net Sales ¥4,475 million / Year-on-year change (%) ¥34 million, Segment Automotive Parts Business (Europe) / Net Sales ¥5,200 million / Year-on-year change (%) ¥13.3 million, Segment Security Equipment Business (Japan) / Net Sales ¥3,371 million / Year-on-year change (%) ¥7 million, Segment Overseas Security Equipment Business / Net Sales ¥2,461 million / Year-on-year change (%) ¥16.2 million |
| Segment profit | Segment Automotive Parts Business (Japan) / Segment profit ¥178 million / Year-on-year change (%) Not disclosed / Profit for the same period of the previous year Segment loss of ¥16 million, Segment North American Automotive Components Business / Segment profit ¥-23 million / Year-on-year change (%) Not disclosed / Profit for the same period of the previous year Segment loss of ¥110 million, Segment Automotive Parts Business (Asia) / Segment profit ¥-200 million / Year-on-year change (%) Not disclosed / Profit for the same period of the previous year Segment loss of ¥335 million, Segment Automotive Parts Business (Europe) / Segment profit ¥97 million / Year-on-year change (%) ¥20.9 million, Segment Security Equipment Business (Japan) / Segment profit ¥316 million / Year-on-year change (%) ¥-11.6 million, Segment Overseas Security Equipment Business / Segment profit ¥244 million / Year-on-year change (%) ¥27.7 million |
| Depreciation and amortization | ¥1,098 million |
| Breakdown of extraordinary income (loss) | Category Extraordinary gains / Item Gain on sale of non-current assets / Amount ¥2 million, Category Extraordinary losses / Item Loss on Disposal of Fixed Assets / Amount ¥18 million, Category Extraordinary losses / Item Business structure improvement expenses / Amount ¥18 million, Category Extraordinary losses / Item Loss on step acquisition / Amount ¥59 million |
| Disclosure regarding the going concern assumption | No applicable matters. |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | Changes in significant subsidiaries: No (the number and names of companies added or excluded are not stated) |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | No (individual meetings held for institutional investors and analysts) |
| Issued Shares at Period-End | 10,200,000 shares |
| Treasury Shares at Period-End | 588,767 shares |
| Factors Behind Changes in Business Performance | In the Automotive Parts Business, net sales increased due to growth in value-added products, the impact of foreign currency translation, strong sales of vehicles ordered by Chinese local manufacturers, and higher order volumes in Europe. Earnings benefited from cost recovery, efficiency initiatives, fixed-cost controls, the consolidation of locations and restructuring of the organizational structure, and improvements in losses on new products. In the Security Equipment Business, net sales increased due to the end of the reactionary decline in housing starts and increased orders for housing-related products, electric locks, and molded products. Profit in the Japan business, however, declined due to the impact of higher material costs and higher import prices resulting from yen depreciation. |
Items this document does not state (12)
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.Net sales increased due to growth in value-added products, the impact of foreign currency translation, strong sales of vehicles ordered by Chinese local manufacturers, higher order volumes in Europe, and the end of the reactionary decline in housing starts. Factors contributing to earnings included cost recovery, efficiency initiatives, fixed-cost controls, the consolidation of locations and restructuring of the organizational structure, and improvements in losses on new products. The company did not specify the reasons for the decline in net income in its narrative disclosure.