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Earnings368AKitazato CorporationElectrical Equipment and Precision Instruments

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

In the first quarter of the fiscal year ending March 2027, revenue, operating income, ordinary income and net income all exceeded the year-earlier period, driven by growth in overseas sales and steady demand. The full-year earnings forecasts and annual dividend forecast remain unchanged from the previous forecasts.

Worth reading
37Immaterial
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
24
% (year-on-year change in revenue)
Wording
Conditional
How definitive the wording is.

Results for this period

First quarter1 April 2026 to 30 June 2026ConsolidatedJapanese GAAP
Net Sales3,017¥ millionYear on year +24.0%Progress 26.6%
Operating profit1,517¥ millionYear on year +27.0%Progress 24.8%
Ordinary income1,535¥ millionYear on year +36.5%Progress 25.0%
Net income attributable to owners of the parent1,007¥ millionYear on year +35.1%Progress 24.8%

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¥25.18
Financial position at period-end
Total assets20,995¥ million
of which net assets 19,871 ¥ millionEquity ratio 94.6%vs. prior year-end +1.4pt

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.

Regional sales
Total3,01737.5%+24.0%
Japan99312.3%+10.9%
Overseas expansion2,02425.1%+31.6%
Europe1,13514.1%+34.5%
United States3173.9%+30.8%
China1261.6%-5.0%
India1541.9%+6.2%
Other2903.6%+67.9%
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥11,346 million (YoY +3.6%)
Operating profit¥6,115 million (YoY +4.4%)
Ordinary income¥6,137 million (YoY +4.0%)
Net income¥4,059 million (YoY +4.2%)
Annual Dividend Forecast¥41 → ¥41(0.0%)
Factors Behind Changes in Business Performance

Steady domestic demand and temporary orders arising from concerns over the situation in the Middle East, growth in sales in Europe, the United States and other regions, expanded sales of new products, and steady demand for Cryodevice and Micro Tools. Operating income benefited from higher gross profit and lower selling, general and administrative expenses. Ordinary income benefited from foreign exchange gains and the absence of the listing-related expenses recorded in the year-earlier period.

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 consolidationNo material changes (no additions or exclusions)
Breakdown of extraordinary income (loss)Extraordinary income No recognition / Extraordinary loss No recognition
Depreciation and amortization¥52 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (for institutional investors and analysts)
Issued Shares at Period-End40,000,000 shares
Treasury Shares at Period-End0 shares
Results for this period
ItemDetails
Fiscal Period ClassificationFirst quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 June 2026
Net Sales¥3,017 million (YoY +24.0%)
Operating profit¥1,517 million (YoY +27.0%)
Ordinary income¥1,535 million (YoY +36.5%)
Profit attributable to owners of the parent¥1,007 million (YoY +35.1%)
Net income per share¥25.18
Equity ratioEnd of the current fiscal period 94.6 / End of previous period 93.2
Total assets¥20,995 million
Net assets¥19,871 million
Full-year earnings forecastNet Sales ¥11,346 million (YoY +3.6%) / Operating profit ¥6,115 million (YoY +4.4%) / Ordinary income ¥6,137 million (YoY +4.0%) / Net income ¥4,059 million (YoY +4.2%)
Annual Dividend Forecast¥41 → ¥41(0.0%)
Regional salesRegion Total / Net Sales ¥3,017 million / Year on year against the same period last year ¥24 million, Region Japan / Net Sales ¥993 million / Year on year against the same period last year ¥10.9 million, Region Overseas expansion / Net Sales ¥2,024 million / Year on year against the same period last year ¥31.6 million, Region Europe / Net Sales ¥1,135 million / Year on year against the same period last year ¥34.5 million, Region United States / Net Sales ¥317 million / Year on year against the same period last year ¥30.8 million, Region China / Net Sales ¥126 million / Year on year against the same period last year ¥-5 million, Region India / Net Sales ¥154 million / Year on year against the same period last year ¥6.2 million, Region Other / Net Sales ¥290 million / Year on year against the same period last year ¥67.9 million
Depreciation and amortization¥52 million
Breakdown of extraordinary income (loss)Extraordinary income No recognition / Extraordinary loss No recognition
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 consolidationNo material changes (no additions or exclusions)
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (for institutional investors and analysts)
Issued Shares at Period-End40,000,000 shares
Treasury Shares at Period-End0 shares
Factors Behind Changes in Business PerformanceSteady domestic demand and temporary orders arising from concerns over the situation in the Middle East, growth in sales in Europe, the United States and other regions, expanded sales of new products, and steady demand for Cryodevice and Micro Tools. Operating income benefited from higher gross profit and lower selling, general and administrative expenses. Ordinary income benefited from foreign exchange gains and the absence of the listing-related expenses recorded in the year-earlier period.
Items this document does not state (13)
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 PolicySegment revenueSegment profitOrders received and order backlogImpairment lossMaterial 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.

In Japan, demand remained steady, while temporary orders arose amid concerns over the situation in the Middle East. Overseas sales grew in Europe, the United States and other regions. On the earnings front, results benefited from higher gross profit, lower selling, general and administrative expenses, foreign exchange gains, and the absence of the listing-related expenses recorded in the year-earlier period.

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Summary of Financial Results for the First Quarter of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated) | Kitazato Corporation (368A) timely disclosure | Komori