Komori
Earnings6337TESEC CorporationMachinery

Summary of Financial Results for the Fiscal Year Ending March 2026 [Japanese GAAP] (Consolidated)

For the fiscal year ending March 2026, revenue, operating income and ordinary income decreased, while net income attributable to owners of the parent increased. For the fiscal year ending March 2027, the company forecasts higher revenue and profits, and expects to increase its annual dividend from ¥70 in the previous fiscal year to ¥100.

Worth reading
64In focus
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
30.7
% (year-on-year decrease in operating profit)
Wording
Conditional
How definitive the wording is.

Results for this period

Full year1 April 2025–31 March 2026ConsolidatedJapanese GAAP
Net Sales5,567¥ millionYear on year -5.5%Progress 88.4%
Operating profit301¥ millionYear on year -30.7%Progress 66.9%
Ordinary income564¥ millionYear on year -16.3%Progress 95.6%
Net income attributable to owners of the parent463¥ millionYear on year +8.3%Progress 85.7%

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¥86.49
Operating Margin5.4%
Financial position at period-end
Total assets15,896¥ million
of which net assets 14,200 ¥ millionEquity ratio 89.3%vs. prior year-end -2.2pt

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+1,464
Investment-1,402
Financials-1,094
Net change-1,032

Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).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¥3,166 million
Regional sales
Japan1,28223.0%
China1,05819.0%
Taiwan861.5%
Malaysia1,41325.4%
Europe2915.2%
Americas2604.7%
Other1,17421.1%
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥6,300 million (YoY +13.2%)
Operating profit¥450 million (YoY +49.5%)
Ordinary income¥590 million (YoY +4.5%)
Net income¥540 million (YoY +16.6%)
Annual Dividend Forecast¥70.00 → ¥100.00
Payout ratio115.6%
Shareholder Return PolicyDOE (dividend on equity) of 4% as a guideline
Factors Behind Changes in Business Performance

Operating income decreased, mainly due to a decline in gross profit associated with lower revenue. Revenue from handlers increased, while revenue from testers, parts and other products decreased.

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 consolidation0 new companies and 0 excluded companies (no significant changes to the scope of consolidation during the period)
Material subsequent eventsAcquisition of treasury shares without consideration, resolved at the Board of Directors meeting held on 12 May 2026.
Impairment lossNot applicable (impairment losses on fixed assets by reporting segment)
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥3 million, Gain on sale of investment securities ¥173 million / Total extraordinary income ¥176 million / Extraordinary loss No recognition
Depreciation and amortization¥119 million
Orders received and order backlogOrders received ¥5,462 million / Order backlog ¥2,556 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable Yes / Subject person For analysts
Issued Shares at Period-End5,578,695 shares
Treasury Shares at Period-End364,442 shares
Results for this period
ItemDetails
Fiscal Period ClassificationFull year
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2025–31 March 2026
Net Sales¥5,567 million (YoY -5.5%)
Operating profit¥301 million (YoY -30.7%)
Ordinary income¥564 million (YoY -16.3%)
Profit attributable to owners of the parent¥463 million (YoY +8.3%)
Net income per share¥86.49
Operating Margin5.4%
Equity ratioEnd of the current fiscal period 89.3% / End of previous period 91.5%
Total assets¥15,896 million
Net assets¥14,200 million
Cash flows from operating activities¥1,464 million
Cash flows from investing activities¥-1,402 million
Cash flows from financing activities¥-1,094 million
Cash and cash equivalents at end of period¥3,166 million
Full-year earnings forecastNet Sales ¥6,300 million (YoY +13.2%) / Operating profit ¥450 million (YoY +49.5%) / Ordinary income ¥590 million (YoY +4.5%) / Net income ¥540 million (YoY +16.6%)
Annual Dividend Forecast¥70.00 → ¥100.00
Payout ratio115.6%
Shareholder Return PolicyDOE (dividend on equity) of 4% as a guideline
Regional salesJapan ¥1,282 million / China ¥1,058 million / Taiwan ¥86 million / Malaysia ¥1,413 million / Europe ¥291 million / Americas ¥260 million / Other ¥1,174 million
Orders received and order backlogOrders received ¥5,462 million / Order backlog ¥2,556 million
Depreciation and amortization¥119 million
Impairment lossNot applicable (impairment losses on fixed assets by reporting segment)
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥3 million, Gain on sale of investment securities ¥173 million / Total extraordinary income ¥176 million / Extraordinary loss No recognition
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 consolidation0 new companies and 0 excluded companies (no significant changes to the scope of consolidation during the period)
Material subsequent eventsAcquisition of treasury shares without consideration, resolved at the Board of Directors meeting held on 12 May 2026.
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable Yes / Subject person For analysts
Issued Shares at Period-End5,578,695 shares
Treasury Shares at Period-End364,442 shares
Factors Behind Changes in Business PerformanceOperating income decreased, mainly due to a decline in gross profit associated with lower revenue. Revenue from handlers increased, while revenue from testers, parts and other products decreased.
Items this document does not state (3)
Revision to Earnings ForecastSegment revenueSegment profit

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 the semiconductor industry, investment remained constrained amid inventory adjustments in non-AI fields, slowing EV demand in the power semiconductor market and intensifying competition with overseas manufacturers. As a result, operating income decreased, mainly due to a decline in gross profit associated with lower revenue.

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.
Summary of Financial Results for the Fiscal Year Ending March 2026 [Japanese GAAP] (Consolidated) | TESEC Corporation (6337) timely disclosure | Komori