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

Flash Report on Consolidated Financial Results for the Third Quarter of the Fiscal Year Ending December 2026 (Japanese GAAP)

For the cumulative third quarter of the fiscal year ending December 2026, sales remained at roughly the same level as in the prior-year period, while operating profit declined 3.1%. The full-year earnings forecast and annual dividend forecast remain unchanged.

Worth reading
39Recurring
Scored from 5 of 6 sections
Direction
Deterioration
Direction inferred from the company’s description.
Scale
-3.1
% (year-on-year change in operating income)
Wording
Conditional
How definitive the wording is.

Results for this period

Third quarter1 January 2026–30 September 2026ConsolidatedJapanese GAAP
Net Sales9,796¥ millionYear on year 0.0%Progress 74.2%
Operating profit1,311¥ millionYear on year -3.1%Progress 88.6%
Ordinary income1,375¥ millionYear on year -3.1%Progress 84.4%
Net income attributable to owners of the parent969¥ millionYear on year -1.1%

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¥141.46
Financial position at period-end
Total assets21,508¥ million
of which net assets 19,753 ¥ millionEquity ratio 91.8%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.

Segment revenueJapan 4,636,880 Thousands of yen (YoY -5.9%), United States 1,537,805 Thousands of yen (YoY +19.3%), South Korea 880,786 Thousands of yen (YoY +11.8%), China 864,798 Thousands of yen (YoY -15.7%), Taiwan 120,886 Thousands of yen, Singapore 465,284 Thousands of yen (YoY +13.8%)
Segment profitJapan 881,311 Thousands of yen (YoY -18.2%), United States 238,692 Thousands of yen (YoY +764.5%), South Korea 98,210 Thousands of yen (YoY +16.2%), China 41,164 Thousands of yen (YoY -40.7%), Taiwan 19,086 Thousands of yen, Singapore 44,037 Thousands of yen (YoY +130.1%)
Regional salesCumulative third quarter of the current fiscal year 1,537,805 Thousands of yen, 2,605,887 Thousands of yen, 1,174,351 Thousands of yen, 5,318,045 Thousands of yen
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥13,200 million (YoY +0.6%)
Operating profit¥1,480 million (YoY -6.4%)
Ordinary income¥1,630 million (YoY -2.8%)
Profit attributable to owners of the parent¥1,180 million (YoY -1.7%)
Revision to Earnings ForecastNo revision
Annual Dividend Forecast66 Yen → 66 Yen(0.0%)
Factors Behind Changes in Business Performance

Overseas sales increased in the United States, South Korea and Singapore, among other markets, and there was also a foreign exchange translation effect from the weaker yen. In Japan, sales to the broadcasting market declined, while profit decreased due to lower sales, a decline in the gross profit margin caused by higher material prices, sales promotion activities, product development and human capital investment.

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 consolidationNew 0 / Excluded 0 / Company name Not applicable
Impairment loss0 Thousands of yen
Breakdown of extraordinary income (loss)No extraordinary gains or losses were recognized for the current period.
Depreciation and amortization177,734 Thousands of yen
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingNone (対象者:Not applicable)
Issued Shares at Period-End7,028,060
Treasury Shares at Period-End167,523
Results for this period
ItemDetails
Fiscal Period ClassificationThird quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 January 2026–30 September 2026
Net Sales¥9,796 million (YoY 0.0%)
Operating profit¥1,311 million (YoY -3.1%)
Ordinary income¥1,375 million (YoY -3.1%)
Profit attributable to owners of the parent¥969 million (YoY -1.1%)
Net income per share¥141.46
Equity ratioEnd of the current fiscal period 91.8 / End of previous period 90.4
Total assets¥21,508 million
Net assets¥19,753 million
Full-year earnings forecastNet Sales ¥13,200 million (YoY +0.6%) / Operating profit ¥1,480 million (YoY -6.4%) / Ordinary income ¥1,630 million (YoY -2.8%) / Profit attributable to owners of the parent ¥1,180 million (YoY -1.7%)
Revision to Earnings ForecastNo revision
Annual Dividend Forecast66 Yen → 66 Yen(0.0%)
Segment revenueJapan 4,636,880 Thousands of yen (YoY -5.9%), United States 1,537,805 Thousands of yen (YoY +19.3%), South Korea 880,786 Thousands of yen (YoY +11.8%), China 864,798 Thousands of yen (YoY -15.7%), Taiwan 120,886 Thousands of yen, Singapore 465,284 Thousands of yen (YoY +13.8%)
Segment profitJapan 881,311 Thousands of yen (YoY -18.2%), United States 238,692 Thousands of yen (YoY +764.5%), South Korea 98,210 Thousands of yen (YoY +16.2%), China 41,164 Thousands of yen (YoY -40.7%), Taiwan 19,086 Thousands of yen, Singapore 44,037 Thousands of yen (YoY +130.1%)
Regional salesCumulative third quarter of the current fiscal year 1,537,805 Thousands of yen, 2,605,887 Thousands of yen, 1,174,351 Thousands of yen, 5,318,045 Thousands of yen
Depreciation and amortization177,734 Thousands of yen
Impairment loss0 Thousands of yen
Breakdown of extraordinary income (loss)No extraordinary gains or losses were recognized for the current period.
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 consolidationNew 0 / Excluded 0 / Company name Not applicable
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingNone (対象者:Not applicable)
Issued Shares at Period-End7,028,060
Treasury Shares at Period-End167,523
Factors Behind Changes in Business PerformanceOverseas sales increased in the United States, South Korea and Singapore, among other markets, and there was also a foreign exchange translation effect from the weaker yen. In Japan, sales to the broadcasting market declined, while profit decreased due to lower sales, a decline in the gross profit margin caused by higher material prices, sales promotion activities, product development and human capital investment.
Items this document does not state (9)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodPayout 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 addition to lower sales and a decline in the gross profit margin due to higher material prices, factors contributing to the decline in profit included proactive sales promotion activities, product development and human capital investment.

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.
Flash Report on Consolidated Financial Results for the Third Quarter of the Fiscal Year Ending December 2026 (Japanese GAAP) | Canare Electric Co.,Ltd. (5819) timely disclosure | Komori