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Earnings368AKitazato CorporationElectrical Equipment & Precision Instruments

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

For the six months ended September 2026, revenue increased 14.5% year on year and operating profit increased 8.8%, resulting in higher revenue and profit. The full-year earnings forecast and annual dividend forecast are unchanged from the latest figures announced.

Worth reading
31Immaterial
Scored from 5 of 6 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
14.5
Year-on-year change in revenue (%)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026–30 September 2026ConsolidatedJapanese GAAP
Net Sales6,006Millions of yenYear on year +14.5%Progress 52.9%
Operating profit3,014Millions of yenYear on year +8.8%Progress 49.3%
Ordinary income3,098Millions of yenYear on year +13.5%Progress 50.5%
Net income attributable to owners of the parent2,027Millions of yenYear on year +12.3%Progress 49.9%

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¥50.69
Financial position at period-end
Total assets22,553Millions of yen
of which net assets 20,892 Millions of yenEquity ratio 92.6%vs. prior year-end -0.6pt

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+2,329
Investment-34
Financials-1,660
Net change+635

Stacked from zero: upward is an increase in cash, downward a decrease (in Millions of yen).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 period14,042 Millions of yen
Regional sales
Japan1,93919.3%+7.7%
Overseas expansion4,06740.4%+18.0%
Europe2,30022.8%+19.5%
United States6066.0%+10.2%
China3233.2%+17.3%
India2492.5%-19.7%
Other5885.8%+52.3%
Segment revenueOmitted because the Company operates in a single segment, the medical equipment business.
Segment profitOmitted because the Company operates in a single segment, the medical equipment business.
Outlook and shareholder returns
Full-year earnings forecast
Net Sales11,346 Millions of yen (YoY +3.6%)
Operating profit6,115 Millions of yen (YoY +4.4%)
Ordinary income6,137 Millions of yen (YoY +4.0%)
Net income4,059 Millions of yen (YoY +4.2%)
Annual Dividend Forecast41 Yen → 41 Yen(0.0%)
Factors Behind Changes in Business Performance

Revenue increased due to the continued rollout of new and improved products and strengthened sales activities in Japan, improvements to existing products in Europe, the acquisition of new customers in the United States, and strong performance in Asian countries. Operating profit increased due to higher revenue, while ordinary profit increased due to the recognition of subsidy income and the absence of listing-related expenses incurred in the same period of the previous year.

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 consolidationNone (no company names were disclosed for additions or exclusions).
Impairment lossNo amount or affected assets were disclosed for the interim period.
Breakdown of extraordinary income (loss)For the interim period, extraordinary income was "-"; no extraordinary loss was reported.
Depreciation and amortization111 Millions of yen
Availability of Supplementary Financial Results MaterialsAvailable
Availability of Financial Results BriefingYes (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 ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026–30 September 2026
Net Sales6,006 Millions of yen (YoY +14.5%)
Operating profit3,014 Millions of yen (YoY +8.8%)
Ordinary income3,098 Millions of yen (YoY +13.5%)
Profit attributable to owners of the parent2,027 Millions of yen (YoY +12.3%)
Net income per share¥50.69
Equity ratioEnd of the current fiscal period 92.6 / End of previous period 93.2
Total assets22,553 Millions of yen
Net assets20,892 Millions of yen
Cash flows from operating activities2,329 Millions of yen
Cash flows from investing activities-34 Millions of yen
Cash flows from financing activities-1,660 Millions of yen
Cash and cash equivalents at end of period14,042 Millions of yen
Full-year earnings forecastNet Sales 11,346 Millions of yen (YoY +3.6%) / Operating profit 6,115 Millions of yen (YoY +4.4%) / Ordinary income 6,137 Millions of yen (YoY +4.0%) / Net income 4,059 Millions of yen (YoY +4.2%)
Annual Dividend Forecast41 Yen → 41 Yen(0.0%)
Segment revenueOmitted because the Company operates in a single segment, the medical equipment business.
Segment profitOmitted because the Company operates in a single segment, the medical equipment business.
Regional salesJapan 1,939 Millions of yen (YoY +7.7%) / Overseas expansion 4,067 Millions of yen (YoY +18.0%) / Europe 2,300 Millions of yen (YoY +19.5%) / United States 606 Millions of yen (YoY +10.2%) / China 323 Millions of yen (YoY +17.3%) / India 249 Millions of yen (YoY -19.7%) / Other 588 Millions of yen (YoY +52.3%)
Depreciation and amortization111 Millions of yen
Impairment lossNo amount or affected assets were disclosed for the interim period.
Breakdown of extraordinary income (loss)For the interim period, extraordinary income was "-"; no extraordinary loss was reported.
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 consolidationNone (no company names were disclosed for additions or exclusions).
Availability of Supplementary Financial Results MaterialsAvailable
Availability of Financial Results BriefingYes (for institutional investors and analysts)
Issued Shares at Period-End40,000,000 shares
Treasury Shares at Period-End0 shares
Factors Behind Changes in Business PerformanceRevenue increased due to the continued rollout of new and improved products and strengthened sales activities in Japan, improvements to existing products in Europe, the acquisition of new customers in the United States, and strong performance in Asian countries. Operating profit increased due to higher revenue, while ordinary profit increased due to the recognition of subsidy income and the absence of listing-related expenses incurred in the same period of the previous year.
Items this document does not state (6)
Operating MarginRevision to Earnings ForecastPayout ratioShareholder Return PolicyOrders received and order backlogMaterial 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, continued rollout of new and improved products and strengthened sales activities contributed to higher revenue. Overseas, revenue was supported by improvements to existing products in Europe, the acquisition of new customers in the United States, and strong performance in Asian countries. The reasons for the increase in profit included higher revenue, the recognition of subsidy income, and the absence of listing-related expenses incurred in the same period of the previous year.

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.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Summary of Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated) | Kitazato Corporation (368A) timely disclosure | Komori