Komori
Earnings presentation materials6245HIRANO TECSEED CO.,LTD.Machinery

FY2026 Second-Quarter Consolidated Financial Results Briefing Materials

In the second quarter of FY2026, revenue decreased 18.9% year on year, while operating profit increased 101.0%. Profit was boosted by the recovery of additional processing costs and other expenses associated with the review of order amounts and specification changes. The first-half forecast, rather than the full-year forecast, was revised upward.

Worth reading
47Recurring
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
1221
¥ millions (year-on-year change in operating income)
Wording
Conditional
How definitive the wording is.

Contents of this document

Earnings presentation materialsFY2026 second quarter10 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥14,731 million-18.9%
Operating profit¥2,430 million+101.0%
Ordinary income¥2,518 million+97.5%
Net income¥1,763 million+95.7%
Operating profit margin16.5 %
Full-year earnings forecast
Net Sales
¥29,000 million
Operating profit
¥3,600 million
Ordinary income
¥3,700 million
Net income for the current fiscal year
¥2,600 million
Operating profit margin
12.4 %
Ordinary income margin
12.8 %
Net profit margin
9 %
ROE
6.6 %
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Production plans progressed as expected
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
  • Gross profit from coating machinery-related equipment¥510 million
  • SG&A expenses for coating machinery-related equipment¥262 million
  • Gross profit from chemical machinery-related equipment¥564 million
  • SG&A expenses for chemical machinery-related equipment¥247 million
  • Gross profit from other businesses and adjustments¥117 million
  • SG&A expenses for other businesses and adjustments¥-77 million
  • SG&A expenses and related items not attributable to segments¥-29 million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Demand for AI- and DX-related capital equipment is expected to remain firm, while price competition is expected to intensify in other fields. Numerical assumptions: Not disclosed
New initiatives
  • Commercialization of perovskite solar cell manufacturing equipment
  • Start of operations at the PSC testing facility
  • Development of a mass-production R2R process through joint research with Kanazawa University
  • Deployment of digital twin technology through industry-academia collaboration with the University of Minnesota
Key KPIsA metric the company considers important as a management benchmark.
  • Orders received¥15,814 million
    Year on year against the same period last year+113.8%
  • Order backlog¥32,732 million
  • Equity ratio74.9 %
  • ROE6.6 %
  • Regional revenue mix (North America)37.7 %
    Year on year against the same period last year-47.8%
Segment results
  • Coating machinery and related equipment
    Orders received¥5,010 million (YoY -7.7%)
    Net Sales¥10,341 million (YoY -31.3%)
    Segment profit¥2,180 million (YoY +30.5%)
  • Chemical machinery and related equipment
    Orders received¥9,846 million (YoY +608.6%)
    Net Sales¥3,847 million (YoY +66.6%)
    Segment profit¥961 million (YoY +141.9%)
  • Other / adjustments
    Orders received¥957 million (YoY +65.2%)
    Net Sales¥543 million (YoY -31.8%)
    Segment profit¥122 million (YoY +2,197.7%)
Market Size / Share
  • Expected domestic adoption of perovskite solar cells20 GW
  • Expected overseas adoption of perovskite solar cellsMore than 500
  • Short-term equipment demandSeveral hundred MW/year
  • Medium-term equipment demandApproximately 1 GW/year to several GW/year
Orders received and order backlog
Orders received
¥15,814 million
Order backlog
¥32,732 million
Number of employees
Number of Employees418 people
NotesConsolidated, as of 30 September 2026
Annual Dividend
¥84 per share
Interim42
End of period42
Contents of this document
ItemDetails
Document typeEarnings presentation materials
Fiscal Period CoveredFY2026 second quarter
Net Sales¥14,731 million (YoY -18.9%)
Operating profit¥2,430 million (YoY +101.0%)
Ordinary income¥2,518 million (YoY +97.5%)
Net income¥1,763 million (YoY +95.7%)
Operating profit margin16.5 %
Full-year earnings forecastNet Sales ¥29,000 million / Operating profit ¥3,600 million / Ordinary income ¥3,700 million / Net income for the current fiscal year ¥2,600 million / Operating profit margin 12.4 % / Ordinary income margin 12.8 % / Net profit margin 9 % / ROE 6.6 %
Self-assessment against the planProduction plans progressed as expected
Segment resultsSegment Coating machinery and related equipment / Orders received ¥5,010 million (YoY -7.7%) / Net Sales ¥10,341 million (YoY -31.3%) / Segment profit ¥2,180 million (YoY +30.5%), Segment Chemical machinery and related equipment / Orders received ¥9,846 million (YoY +608.6%) / Net Sales ¥3,847 million (YoY +66.6%) / Segment profit ¥961 million (YoY +141.9%), Segment Other / adjustments / Orders received ¥957 million (YoY +65.2%) / Net Sales ¥543 million (YoY -31.8%) / Segment profit ¥122 million (YoY +2,197.7%)
Breakdown of Factors Affecting the ChangeFactors Gross profit from coating machinery-related equipment / Amount ¥510 million, Factors SG&A expenses for coating machinery-related equipment / Amount ¥262 million, Factors Gross profit from chemical machinery-related equipment / Amount ¥564 million, Factors SG&A expenses for chemical machinery-related equipment / Amount ¥247 million, Factors Gross profit from other businesses and adjustments / Amount ¥117 million, Factors SG&A expenses for other businesses and adjustments / Amount ¥-77 million, Factors SG&A expenses and related items not attributable to segments / Amount ¥-29 million
Key KPIsIndicator name Orders received / Value ¥15,814 million / Year on year against the same period last year ¥113.8 million, Indicator name Order backlog / Value ¥32,732 million / Year on year against the same period last year Not disclosed, Indicator name Equity ratio / Value 74.9 % / Year on year against the same period last year Not disclosed, Indicator name ROE / Value 6.6 % / Year on year against the same period last year Not disclosed, Indicator name Regional revenue mix (North America) / Value 37.7 % / Year on year against the same period last year -47.8 %
Number of employeesNumber of Employees 418 people / Notes Consolidated, as of 30 September 2026
Assumptions Underlying the Business OutlookDemand for AI- and DX-related capital equipment is expected to remain firm, while price competition is expected to intensify in other fields. Numerical assumptions: Not disclosed
Annual Dividend¥84 per share
Orders received and order backlogOrders received ¥15,814 million / Order backlog ¥32,732 million
Market Size / ShareExpected domestic adoption of perovskite solar cells 20 GW, Expected overseas adoption of perovskite solar cells More than 500, Short-term equipment demand Several hundred MW/year, Medium-term equipment demand Approximately 1 GW/year to several GW/year
New initiativesCommercialization of perovskite solar cell manufacturing equipment, Start of operations at the PSC testing facility, Development of a mass-production R2R process through joint research with Kanazawa University, Deployment of digital twin technology through industry-academia collaboration with the University of Minnesota
Items this document does not state (13)
Gross Profit MarginSelling, general and administrative expensesResults for the three months of the current quarterProgress against full-year forecastUnit price and quantity metricsNumber of stores and locationsRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsPayout ratioAcquisition of treasury sharesCapital expendituresKey points of the Q&A

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 reflected the fulfillment of orders related to energy, consumer products, displays and electronic materials. In addition to production proceeding broadly in line with plan, operating profit benefited from the recovery of additional processing costs and other expenses associated with the review of order amounts and specification changes.

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.
FY2026 Second-Quarter Consolidated Financial Results Briefing Materials | HIRANO TECSEED CO.,LTD. (6245) timely disclosure | Komori