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Earnings6149Odawara Engineering Co.,Ltd.Machinery

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, revenue, operating profit, ordinary profit, and interim net income attributable to owners of the parent were lower than in the same period of the previous year, mainly due to lower revenue from the winding machine business. Meanwhile, the blower and housing equipment-related businesses reported higher revenue and profits, and the full-year forecasts remain unchanged.

Worth reading
52Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Deterioration
Direction inferred from the company’s description.
Scale
18.8
% (year-on-year decrease in revenue)
Wording
Avoiding a definitive answer
How definitive the wording is.

Results for this period

Interim period (second quarter)1 January 2026–30 June 2026ConsolidatedJapanese GAAP
Net Sales8,414¥ millionYear on year -18.8%Progress 60.1%
Operating profit1,510¥ millionYear on year -26.1%Progress 129.1%
Ordinary income1,568¥ millionYear on year -23.3%Progress 126.5%
Net income attributable to owners of the parent1,133¥ millionYear on year -20.6%Progress 131.7%

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¥197.99
Financial position at period-end
Total assets24,103¥ million
of which net assets 19,410 ¥ millionEquity ratio 80.5%vs. prior year-end +6.0pt

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+170,050
Investment+36,456
Financials-400,133
Net change-193,627

Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ thousand).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 period¥8,054,147 thousand
Segment revenueWinding Machine Business ¥5,627 million (YoY -30.7%), Blowers and Housing Equipment Business ¥2,787 million (YoY +24.5%)
Segment profitWinding Machine Business ¥1,537 million (YoY -29.9%), Blowers and Housing Equipment Business ¥177 million (YoY +143.3%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥14,000 million (YoY -23.2%)
Operating profit¥1,170 million (YoY -61.7%)
Ordinary income¥1,240 million (YoY -61.0%)
Net income¥860 million (YoY -62.9%)
Annual Dividend Forecast¥70 → ¥70(0.0%)
Factors Behind Changes in Business Performance

In the winding machine business, capital investment was postponed because development plans for new vehicles, primarily xEVs, were delayed, resulting in lower revenue and segment profit. In the blower and housing equipment-related businesses, orders for axial fans and big fans were strong, and the review of axial fan prices also contributed to higher revenue and profits.

Disclosure regarding the going concern assumption

Not applicable.

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 companies (company name: —) / Excluded 0 companies (company name: —)
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥6,014 thousand / Extraordinary loss Not disclosed
Depreciation and amortization¥287,936 thousand
Orders received and order backlogOrders received ¥4,323 million / Order backlog ¥8,098 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End6,392,736
Treasury Shares at Period-End657,956
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 Sales¥8,414 million (YoY -18.8%)
Operating profit¥1,510 million (YoY -26.1%)
Ordinary income¥1,568 million (YoY -23.3%)
Profit attributable to owners of the parent¥1,133 million (YoY -20.6%)
Net income per share¥197.99
Equity ratioEnd of the current fiscal period 80.5 / End of previous period 74.5
Total assets¥24,103 million
Net assets¥19,410 million
Cash flows from operating activities¥170,050 thousand
Cash flows from investing activities¥36,456 thousand
Cash flows from financing activities¥-400,133 thousand
Cash and cash equivalents at end of period¥8,054,147 thousand
Full-year earnings forecastNet Sales ¥14,000 million (YoY -23.2%) / Operating profit ¥1,170 million (YoY -61.7%) / Ordinary income ¥1,240 million (YoY -61.0%) / Net income ¥860 million (YoY -62.9%)
Annual Dividend Forecast¥70 → ¥70(0.0%)
Segment revenueWinding Machine Business ¥5,627 million (YoY -30.7%), Blowers and Housing Equipment Business ¥2,787 million (YoY +24.5%)
Segment profitWinding Machine Business ¥1,537 million (YoY -29.9%), Blowers and Housing Equipment Business ¥177 million (YoY +143.3%)
Orders received and order backlogOrders received ¥4,323 million / Order backlog ¥8,098 million
Depreciation and amortization¥287,936 thousand
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥6,014 thousand / Extraordinary loss Not disclosed
Disclosure regarding the going concern assumptionNot applicable.
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 companies (company name: —) / Excluded 0 companies (company name: —)
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End6,392,736
Treasury Shares at Period-End657,956
Factors Behind Changes in Business PerformanceIn the winding machine business, capital investment was postponed because development plans for new vehicles, primarily xEVs, were delayed, resulting in lower revenue and segment profit. In the blower and housing equipment-related businesses, orders for axial fans and big fans were strong, and the review of axial fan prices also contributed to higher revenue and profits.
Items this document does not state (7)
Operating MarginRevision to Earnings ForecastPayout ratioShareholder Return PolicyRegional salesImpairment 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.

Capital investment was postponed because development plans for new vehicles, primarily xEVs, were delayed among automotive-related customers, resulting in lower revenue and profit in the winding machine business. Meanwhile, orders for axial fans and other products in the blower business were strong, and the review of axial fan prices also contributed to higher revenue and profits.

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.
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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) | Odawara Engineering Co.,Ltd. (6149) timely disclosure | Komori