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Earnings5819Canare Electric Co.,Ltd.Iron & Steel, Nonferrous Metals

Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending December 2026 [Japanese GAAP] (Consolidated)

For the interim period of the fiscal year ending December 2026, net sales increased 2.9% year on year, mainly due to higher overseas sales, while operating income and below declined slightly due to surging material prices and the burden of growth investments. Full-year earnings forecasts and annual dividend forecasts remain unchanged.

Worth reading
39Recurring
Scored from 5 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
2.9
Year-on-year change in net sales (%)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 January 2026–30 June 2026ConsolidatedJapanese GAAP
Net Sales6,638Millions of yenYear on year +2.9%Progress 50.3%
Operating profit889Millions of yenYear on year -0.4%Progress 60.1%
Ordinary income929Millions of yenYear on year -0.5%Progress 57.0%
Net income attributable to owners of the parent635Millions of yenYear on year -1.8%

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¥92.77
Financial position at period-end
Total assets21,279Millions of yen
of which net assets 19,611 Millions of yenEquity ratio 92.2%vs. prior year-end +1.8pt

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.

Segment revenueJapan ¥3,221,226 thousand (YoY -4.0%), United States ¥977,987 thousand (YoY +16.9%), South Korea ¥579,155 thousand (YoY +19.2%), China ¥602,330 thousand (YoY -4.9%), Taiwan ¥65,633 thousand, Singapore ¥311,123 thousand (YoY +16.0%)
Segment profitJapan ¥594,646 thousand (YoY -19.4%), United States ¥164,972 thousand (YoY +588.2%), South Korea ¥58,951 thousand (YoY +43.1%), China ¥36,651 thousand (YoY +42.1%), Taiwan ¥8,571 thousand, Singapore ¥27,290 thousand (YoY +90.6%)
Regional sales¥977,987 thousand, ¥1,716,586 thousand, ¥808,087 thousand, ¥3,502,660 thousand
Outlook and shareholder returns
Full-year earnings forecast
Net Sales13,200 Millions of yen (YoY +0.6%)
Operating profit1,480 Millions of yen (YoY -6.4%)
Ordinary income1,630 Millions of yen (YoY -2.8%)
Profit attributable to owners of the parent1,180 Millions of yen (YoY -1.7%)
Annual Dividend Forecast¥66 → ¥66(0.0%)
Factors Behind Changes in Business Performance

Overseas sales increased in many regions, including the United States, South Korea and Europe. Operating income and below declined due to a lower gross profit margin resulting from higher material prices, aggressive sales promotion activities, and investments in product development and human capital.

Disclosure regarding the going concern assumption

Not applicable (no matters to report in the notes on the going concern assumption)

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 consolidationNew Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed
Impairment loss¥0 thousand
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End7,028,060
Treasury Shares at Period-End167,523
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 January 2026–30 June 2026
Net Sales6,638 Millions of yen (YoY +2.9%)
Operating profit889 Millions of yen (YoY -0.4%)
Ordinary income929 Millions of yen (YoY -0.5%)
Profit attributable to owners of the parent635 Millions of yen (YoY -1.8%)
Net income per share¥92.77
Equity ratioEnd of the current fiscal period 92.2 / End of previous period 90.4
Total assets21,279 Millions of yen
Net assets19,611 Millions of yen
Full-year earnings forecastNet Sales 13,200 Millions of yen (YoY +0.6%) / Operating profit 1,480 Millions of yen (YoY -6.4%) / Ordinary income 1,630 Millions of yen (YoY -2.8%) / Profit attributable to owners of the parent 1,180 Millions of yen (YoY -1.7%)
Annual Dividend Forecast¥66 → ¥66(0.0%)
Segment revenueJapan ¥3,221,226 thousand (YoY -4.0%), United States ¥977,987 thousand (YoY +16.9%), South Korea ¥579,155 thousand (YoY +19.2%), China ¥602,330 thousand (YoY -4.9%), Taiwan ¥65,633 thousand, Singapore ¥311,123 thousand (YoY +16.0%)
Segment profitJapan ¥594,646 thousand (YoY -19.4%), United States ¥164,972 thousand (YoY +588.2%), South Korea ¥58,951 thousand (YoY +43.1%), China ¥36,651 thousand (YoY +42.1%), Taiwan ¥8,571 thousand, Singapore ¥27,290 thousand (YoY +90.6%)
Regional sales¥977,987 thousand, ¥1,716,586 thousand, ¥808,087 thousand, ¥3,502,660 thousand
Impairment loss¥0 thousand
Disclosure regarding the going concern assumptionNot applicable (no matters to report in the notes on the going concern assumption)
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 consolidationNew Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End7,028,060
Treasury Shares at Period-End167,523
Factors Behind Changes in Business PerformanceOverseas sales increased in many regions, including the United States, South Korea and Europe. Operating income and below declined due to a lower gross profit margin resulting from higher material prices, aggressive sales promotion activities, and investments in product development and human capital.
Items this document does not state (12)
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 PolicyOrders received and order backlogDepreciation and amortizationBreakdown of extraordinary income (loss)Material 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.

Overseas sales increased in many regions, including the United States, South Korea and Europe. However, operating income and below declined due to a lower gross profit margin resulting from higher material prices, aggressive sales promotion activities, and investments in product development and human capital.

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.
Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending December 2026 [Japanese GAAP] (Consolidated) | Canare Electric Co.,Ltd. (5819) timely disclosure | Komori