Komori
Results6245HIRANO TECSEED CO.,LTD.Machinery

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

From April to September 2026, revenue fell below the year-earlier period, while operating profit and other profit measures increased substantially. Revisions to order values and the earlier-than-expected recovery of additional costs contributed to profit, and order intake also increased significantly.

Worth reading
49Recurring
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
101
% (year-on-year change in operating profit)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAP
Net Sales14,731¥ millionYear on year -18.9%Progress 50.8%
Operating profit2,430¥ millionYear on year +101.0%Progress 67.5%
Ordinary income2,518¥ millionYear on year +97.5%Progress 68.1%
Net income attributable to owners of the parent1,763¥ millionYear on year +95.7%Progress 67.8%

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¥116.50
Financial position at period-end
Total assets55,773¥ million
of which net assets 41,759 ¥ millionEquity ratio 74.9%vs. prior year-end +6.7pt

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+6,291,084
Investment-49,732
Financials-4,372,370
Net change+1,868,982

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¥13,551,953 thousand
Segment revenueCoating machinery and related equipment ¥10,341 million (YoY -31.3%), Chemical machinery and related equipment ¥3,847 million (YoY +66.6%), Other ¥543 million (YoY -31.8%)
Segment profitCoating machinery and related equipment ¥2,180 million (YoY +30.5%), Chemical machinery and related equipment ¥961 million (YoY +141.9%), Other ¥122 million
Regional salesSegment Coating machinery and related equipment / Domestic ¥2,579 million (YoY -7.1%) / Exports ¥7,762 million (YoY -36.8%), Segment Chemical machinery and related equipment / Domestic ¥1,440 million (YoY +23.6%) / Exports ¥2,406 million (YoY +110.4%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥29,000 million (YoY -10.2%)
Operating profit¥3,600 million (YoY +125.1%)
Ordinary income¥3,700 million (YoY +116.8%)
Net income¥2,600 million (YoY +98.0%)
Revision to Earnings ForecastNot disclosed → Net Sales 29,000 / Operating profit 3,600 / Ordinary income 3,700 / Net income 2,600
Annual Dividend Forecast¥84 → ¥84(0.0%)
Factors Behind Changes in Business Performance

Revenue from coating equipment declined due in part to revisions to capital investment plans by major North American customers following the slowdown in the North American EV market. However, progress on ancillary work related to existing orders, the recovery of additional processing costs and other expenses arising from specification changes, and firm demand for film deposition equipment in the electronic materials-related market, supported by AI- and DX-related investment, contributed to the increase in profit.

Disclosure regarding the going concern assumption

None

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 / Excluded 0 companies / Company name None
Impairment lossNone (impairment loss on fixed assets)
Depreciation and amortization¥407,715 thousand
Orders received and order backlogOrders received ¥15,814 million (YoY +113.8%) / Order backlog ¥32,732 million
Availability of Supplementary Financial Results MaterialsAvailable
Availability of Financial Results BriefingWhether applicable Available / Subject person Institutional investors and analysts
Issued Shares at Period-End15,394,379
Treasury Shares at Period-End246,055
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 September 2026
Net Sales¥14,731 million (YoY -18.9%)
Operating profit¥2,430 million (YoY +101.0%)
Ordinary income¥2,518 million (YoY +97.5%)
Profit attributable to owners of the parent¥1,763 million (YoY +95.7%)
Net income per share¥116.50
Equity ratioEnd of the current fiscal period 74.9 / End of previous period 68.2
Total assets¥55,773 million
Net assets¥41,759 million
Cash flows from operating activities¥6,291,084 thousand
Cash flows from investing activities¥-49,732 thousand
Cash flows from financing activities¥-4,372,370 thousand
Cash and cash equivalents at end of period¥13,551,953 thousand
Full-year earnings forecastNet Sales ¥29,000 million (YoY -10.2%) / Operating profit ¥3,600 million (YoY +125.1%) / Ordinary income ¥3,700 million (YoY +116.8%) / Net income ¥2,600 million (YoY +98.0%)
Revision to Earnings ForecastNot disclosed → Net Sales 29,000 / Operating profit 3,600 / Ordinary income 3,700 / Net income 2,600
Annual Dividend Forecast¥84 → ¥84(0.0%)
Segment revenueCoating machinery and related equipment ¥10,341 million (YoY -31.3%), Chemical machinery and related equipment ¥3,847 million (YoY +66.6%), Other ¥543 million (YoY -31.8%)
Segment profitCoating machinery and related equipment ¥2,180 million (YoY +30.5%), Chemical machinery and related equipment ¥961 million (YoY +141.9%), Other ¥122 million
Regional salesSegment Coating machinery and related equipment / Domestic ¥2,579 million (YoY -7.1%) / Exports ¥7,762 million (YoY -36.8%), Segment Chemical machinery and related equipment / Domestic ¥1,440 million (YoY +23.6%) / Exports ¥2,406 million (YoY +110.4%)
Orders received and order backlogOrders received ¥15,814 million (YoY +113.8%) / Order backlog ¥32,732 million
Depreciation and amortization¥407,715 thousand
Impairment lossNone (impairment loss on fixed assets)
Disclosure regarding the going concern assumptionNone
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 / Excluded 0 companies / Company name None
Availability of Supplementary Financial Results MaterialsAvailable
Availability of Financial Results BriefingWhether applicable Available / Subject person Institutional investors and analysts
Issued Shares at Period-End15,394,379
Treasury Shares at Period-End246,055
Factors Behind Changes in Business PerformanceRevenue from coating equipment declined due in part to revisions to capital investment plans by major North American customers following the slowdown in the North American EV market. However, progress on ancillary work related to existing orders, the recovery of additional processing costs and other expenses arising from specification changes, and firm demand for film deposition equipment in the electronic materials-related market, supported by AI- and DX-related investment, contributed to the increase in profit.
Items this document does not state (5)
Operating MarginPayout ratioShareholder Return PolicyBreakdown 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.

Revenue from coating equipment declined due in part to the slowdown in the North American EV market, but ancillary work on projects already ordered progressed steadily. The recovery of additional processing costs and other expenses associated with revisions to order values, including costs arising from specification changes, progressed, resulting in profit increasing earlier than initially forecast. Demand for chemical processing equipment also remained firm, driven by AI- and DX-related investment.

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Summary of Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated) | HIRANO TECSEED CO.,LTD. (6245) timely disclosure | Komori