Komori
Earnings4847INTELLIGENT WAVE INC.Information and Communications, Services and Others

Summary of Financial Results for the Third Quarter of the Fiscal Year Ending June 2026 [Japanese GAAP] (Non-consolidated)

Cumulative nine-month net sales increased, while operating income, ordinary income and quarterly net income all declined. The full-year forecasts for net sales and all profit measures were revised downward because quality-related responses for certain projects took longer than expected.

Worth reading
51Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
8.4
% (year-on-year change in revenue)
Wording
Conditional
How definitive the wording is.

Results for this period

Third quarter1 July 2025 to 31 March 2026Non-consolidated (standalone)Japanese GAAP
Net Sales12,497¥ millionYear on year +8.4%Progress 72.7%
Operating profit1,361¥ millionYear on year -5.8%Progress 68.1%
Ordinary income1,391¥ millionYear on year -4.7%Progress 67.9%
Net income attributable to owners of the parent951¥ millionYear on year -7.1%Progress 67.0%

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¥36.35
Financial position at period-end
Total assets16,990¥ million
of which net assets 9,612 ¥ millionEquity ratio 56.6%vs. prior year-end +5.9pt

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.

Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥17,200 million (YoY +10.3%)
Operating profit¥2,000 million (YoY +8.2%)
Ordinary income¥2,050 million (YoY +8.4%)
Net income¥1,420 million (YoY +5.2%)
Revision to Earnings ForecastNet Sales Not disclosed → ¥17,200 million / Operating profit Not disclosed → ¥2,000 million / Ordinary income Not disclosed → ¥2,050 million / Net income Not disclosed → ¥1,420 million
Annual Dividend Forecast¥35 → ¥37(+5.7%)
Factors Behind Changes in Business Performance

Net sales increased in the payments area due to system upgrades for major customers and other factors, while system development for securities companies increased in the data communications and analytics platforms area. Operating income declined due to a lower gross margin resulting from quality-related responses for certain customer projects, a lower gross margin resulting from the product mix in the security area, and higher personnel and other costs.

Disclosure regarding the going concern assumption

None ("There are 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
Breakdown of extraordinary income (loss)Extraordinary income Not disclosed / Extraordinary loss Loss on Disposal of Fixed Assets ¥16,963 thousand
Depreciation and amortization¥1,263,023 thousand
Orders received and order backlogOrders received ¥10,976 million / Order backlog ¥18,790 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (for institutional investors and analysts)
Issued Shares at Period-End26,340,000 Shares
Treasury Shares at Period-End155,942 Shares
Results for this period
ItemDetails
Fiscal Period ClassificationThird quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedNon-consolidated (standalone)
Period Covered1 July 2025 to 31 March 2026
Net Sales¥12,497 million (YoY +8.4%)
Operating profit¥1,361 million (YoY -5.8%)
Ordinary income¥1,391 million (YoY -4.7%)
Profit attributable to owners of the parent¥951 million (YoY -7.1%)
Net income per share¥36.35
Equity ratioEnd of the current fiscal period 56.6 / End of previous period 50.7
Total assets¥16,990 million
Net assets¥9,612 million
Full-year earnings forecastNet Sales ¥17,200 million (YoY +10.3%) / Operating profit ¥2,000 million (YoY +8.2%) / Ordinary income ¥2,050 million (YoY +8.4%) / Net income ¥1,420 million (YoY +5.2%)
Revision to Earnings ForecastNet Sales Not disclosed → ¥17,200 million / Operating profit Not disclosed → ¥2,000 million / Ordinary income Not disclosed → ¥2,050 million / Net income Not disclosed → ¥1,420 million
Annual Dividend Forecast¥35 → ¥37(+5.7%)
Orders received and order backlogOrders received ¥10,976 million / Order backlog ¥18,790 million
Depreciation and amortization¥1,263,023 thousand
Breakdown of extraordinary income (loss)Extraordinary income Not disclosed / Extraordinary loss Loss on Disposal of Fixed Assets ¥16,963 thousand
Disclosure regarding the going concern assumptionNone ("There are no applicable matters.")
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (for institutional investors and analysts)
Issued Shares at Period-End26,340,000 Shares
Treasury Shares at Period-End155,942 Shares
Factors Behind Changes in Business PerformanceNet sales increased in the payments area due to system upgrades for major customers and other factors, while system development for securities companies increased in the data communications and analytics platforms area. Operating income declined due to a lower gross margin resulting from quality-related responses for certain customer projects, a lower gross margin resulting from the product mix in the security area, and higher personnel and other costs.
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 periodPayout ratioShareholder Return PolicySegment revenueSegment profitRegional salesImpairment lossChanges in the scope of consolidationMaterial 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.

Net sales increased, driven by system upgrades for major customers and other factors, but profit was affected by a decline in the gross margin due to quality-related responses for certain projects and higher personnel and other costs. The full-year forecasts were revised downward because the prolonged quality-related responses increased costs and delayed revenue opportunities.

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 Third Quarter of the Fiscal Year Ending June 2026 [Japanese GAAP] (Non-consolidated) | INTELLIGENT WAVE INC. (4847) timely disclosure | Komori