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Results presentation3559p-ban.com Corp.Trading & Wholesale

Supplementary Financial Results Materials for the Second Quarter of the Fiscal Year Ending March 2027

Revenue and profit increased in the first half as the number of mass-production PCB projects grew and use of component procurement and assembly services expanded. While continuing to invest for growth, the operating margin also improved from 5.5% in the same period of the previous year to 6.5%.

Worth reading
57In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
16.8
Year-on-year change (revenue, %)
Wording
Conditional
How definitive the wording is.

Contents of this document

Supplementary materials to the earnings summarySecond quarter of FY2027/310 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥1,238 million+16.8%
Operating profit¥79 million+36.6%
Net income¥56 million+37.9%
Operating profit margin6.5 %
Selling, general and administrative expenses¥40 million
Results for the three months of the current quarter
Net Sales
¥670 million+20.8%
Full-year earnings forecast
Net Sales
¥2,410 million
Gross profit
¥1,014 million
Net income for the current fiscal year
¥106 million
Operating profit
¥191 million
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
  • Increase in gross profit¥61 million
  • Increase in SG&A expenses¥-40 million
New initiatives
  • Expansion of GUGEN Hub's functionality
  • Provision of an embedded AI development kit
  • API integration with DigiKey
  • Direct ordering from overseas locations and direct shipment to local destinations
  • Adding an automatic electronic circuit diagram generation function to AI design tools
  • 全面刷新 of the systems infrastructure
  • Recruiting and Developing Specialized Talent
Key KPIsA metric the company considers important as a management benchmark.
  • Manufacturing services revenue+19.1% year on year
  • Mass-production course revenue+64.7% year on year
  • Mass-production course share of revenue15.1 %
  • Component procurement services revenue+100.4% year on year
  • Assembly services revenue+15.9% year on year
  • Expected number of GUGEN Hub users205 users
Segment results
  • Manufacturing services revenue
  • Mass-production course revenue
  • Component procurement services revenue
  • Assembly services revenue
Medium-term management plan targets
Net Sales
Fiscal year ending March 2027¥2,410 million
Fiscal year ending March 2028¥2,700 million
Fiscal year ending March 2029¥3,001 million
Gross profit
Fiscal year ending March 2027¥1,014 million
Fiscal year ending March 2028¥1,138 million
Fiscal year ending March 2029¥1,217 million
Net income for the current fiscal year
Fiscal year ending March 2027¥106 million
Fiscal year ending March 2028¥164 million
Fiscal year ending March 2029¥184 million
Financial targets
ROE12.5%〜15.0%
Equity spreadAt least 2.5%
Equity ratio79.0% (actual as of the end of March 2026)
Market Size / Share
CAGR of approximately 5.0% from 2025 to 2037; market size to reach 1.8x its current level by 2037
Market shareNo. 1 domestic share of the online printed circuit board market (according to the company)
Payout ratio
At least 30%
Acquisition of treasury shares
Considering flexible share repurchases. The amount, number of shares and period for the repurchase program are Not disclosed
Gross profit
¥456 million+15.7%
margin_pct36.9
yoy_change_pt-0.4
Contents of this document
ItemDetails
Document typeSupplementary materials to the earnings summary
Fiscal Period CoveredSecond quarter of FY2027/3
Net Sales¥1,238 million (YoY +16.8%)
Operating profit¥79 million (YoY +36.6%)
Net income¥56 million (YoY +37.9%)
Gross profit¥456 million (YoY +15.7%)
Operating profit margin6.5 %
Selling, general and administrative expenses¥40 million
Results for the three months of the current quarterNet Sales ¥670 million (YoY +20.8%) / Operating profit Not disclosed / Net income Not disclosed
Full-year earnings forecastNet Sales ¥2,410 million / Gross profit ¥1,014 million / Net income for the current fiscal year ¥106 million / Operating profit ¥191 million
Segment resultsItem Manufacturing services revenue / yoy_pct 19.1, Item Mass-production course revenue / yoy_pct 64.7, Item Component procurement services revenue / yoy_pct 100.4, Item Assembly services revenue / yoy_pct 15.9
Breakdown of Factors Affecting the ChangeIncrease in gross profit ¥61 million, Increase in SG&A expenses ¥-40 million
Key KPIsIndicator name Manufacturing services revenue / Value +19.1% year on year, Indicator name Mass-production course revenue / Value +64.7% year on year, Indicator name Mass-production course share of revenue / Value 15.1 %, Indicator name Component procurement services revenue / Value +100.4% year on year, Indicator name Assembly services revenue / Value +15.9% year on year, Indicator name Expected number of GUGEN Hub users / Value 205 users
Medium-term management plan targetsNet Sales Fiscal year ending March 2027 ¥2,410 million / Fiscal year ending March 2028 ¥2,700 million / Fiscal year ending March 2029 ¥3,001 million / Gross profit Fiscal year ending March 2027 ¥1,014 million / Fiscal year ending March 2028 ¥1,138 million / Fiscal year ending March 2029 ¥1,217 million / Net income for the current fiscal year Fiscal year ending March 2027 ¥106 million / Fiscal year ending March 2028 ¥164 million / Fiscal year ending March 2029 ¥184 million
Financial targetsROE 12.5%〜15.0% / Equity spread At least 2.5% / Equity ratio 79.0% (actual as of the end of March 2026)
Payout ratioAt least 30%
Acquisition of treasury sharesConsidering flexible share repurchases. The amount, number of shares and period for the repurchase program are Not disclosed
Market Size / ShareMarket Size CAGR of approximately 5.0% from 2025 to 2037; market size to reach 1.8x its current level by 2037 / Market share No. 1 domestic share of the online printed circuit board market (according to the company)
New initiativesExpansion of GUGEN Hub's functionality, Provision of an embedded AI development kit, API integration with DigiKey, Direct ordering from overseas locations and direct shipment to local destinations, Adding an automatic electronic circuit diagram generation function to AI design tools, 全面刷新 of the systems infrastructure, Recruiting and Developing Specialized Talent
Items this document does not state (12)
Ordinary incomeProgress against full-year forecastSelf-assessment against the planUnit price and quantity metricsNumber of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookAnnual DividendCapital expendituresOrders received and order backlogKey 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.

The increase in revenue and profit was driven by stronger sales collaboration to expand support for mass-production projects and increased use of component procurement and assembly services. The operating margin rose because the increase in gross profit exceeded the increase in selling, general and administrative expenses.

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.
Supplementary Financial Results Materials for the Second Quarter of the Fiscal Year Ending March 2027 | p-ban.com Corp. (3559) timely disclosure | Komori