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Results6407CKD CorporationMachinery

Second-quarter (interim-period) financial results for the fiscal year ending March 2027 (Japanese GAAP) (Consolidated)

In the interim period of the fiscal year ending March 2027, revenue and profit increased significantly, driven by expanding demand for semiconductors and related products. The full-year earnings forecast was revised upward, and the annual dividend forecast was also raised to ¥154.

Worth reading
64In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
25000
¥ million
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAP
Net Sales108,052¥ millionYear on year +48.7%Progress 49.6%
Operating profit18,828¥ millionYear on year +139.3%Progress 48.9%
Ordinary income19,024¥ millionYear on year +140.8%Progress 49.4%
Net income attributable to owners of the parent13,066¥ millionYear on year +143.0%Progress 49.3%

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¥195.51
Financial position at period-end
Total assets261,848¥ million
of which net assets 172,214 ¥ millionEquity ratio 65.8%vs. prior year-end -1.9pt

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+7,793
Investment-2,426
Financials-4,213
Net change+1,154

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¥43,361 million
Segment revenue
Automated machinery segment8,2867.7%-6.8%
Equipment segment99,76592.3%+56.5%
Segment profit
Automated machinery segment2,0489.4%-3.7%
Equipment segment19,79190.6%+140.8%
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥218,000 million (YoY +38.1%)
Operating profit¥38,500 million (YoY +96.0%)
Ordinary income¥38,500 million (YoY +93.8%)
Net income¥26,500 million (YoY +95.2%)
Revision to Earnings ForecastNet Sales ¥193,000 million → ¥218,000 million(+13.0%) / Operating profit ¥28,500 million → ¥38,500 million(+35.1%) / Ordinary income ¥28,500 million → ¥38,500 million(+35.1%) / Net income ¥19,000 million → ¥26,500 million(+39.5%)
Annual Dividend Forecast¥81 → ¥154(+90.1%)
Factors Behind Changes in Business Performance

Expansion of the semiconductor-related and machine tool markets driven by strong demand related to generative AI, the domestic production of semiconductors and semiconductor manufacturing equipment in China, and increased semiconductor-related capital investment in other regions. In the Automated Machinery segment, revenue from pharmaceutical packaging machines and lithium-ion battery manufacturing systems declined, while profit margins improved through expanded services and initiatives to increase productivity.

Disclosure regarding the going concern assumption

No applicable matters

Change in accounting policy
基準改正に伴う変更 Noneそれ以外の変更 None見積りの変更 None修正再表示 None
Changes in the scope of consolidationNew Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed
Breakdown of extraordinary income (loss)Extraordinary income Gain on Sale of Investment Securities ¥19 million / Extraordinary loss Valuation loss on investment securities ¥200 million
Depreciation and amortization¥3,441 million
Orders received and order backlogAutomated machinery segment Orders received ¥9,366 million (YoY -6.9%) / Order backlog ¥17,691 million (YoY -1.9%)
Availability of Supplementary Financial Results MaterialsAvailable
Availability of Financial Results BriefingYes (for institutional investors and analysts)
Issued Shares at Period-End67,909,449 shares
Treasury Shares at Period-End1,070,411 shares
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¥108,052 million (YoY +48.7%)
Operating profit¥18,828 million (YoY +139.3%)
Ordinary income¥19,024 million (YoY +140.8%)
Profit attributable to owners of the parent¥13,066 million (YoY +143.0%)
Net income per share¥195.51
Equity ratioEnd of the current fiscal period 65.8 / End of previous period 67.7
Total assets¥261,848 million
Net assets¥172,214 million
Cash flows from operating activities¥7,793 million
Cash flows from investing activities¥-2,426 million
Cash flows from financing activities¥-4,213 million
Cash and cash equivalents at end of period¥43,361 million
Full-year earnings forecastNet Sales ¥218,000 million (YoY +38.1%) / Operating profit ¥38,500 million (YoY +96.0%) / Ordinary income ¥38,500 million (YoY +93.8%) / Net income ¥26,500 million (YoY +95.2%)
Revision to Earnings ForecastNet Sales ¥193,000 million → ¥218,000 million(+13.0%) / Operating profit ¥28,500 million → ¥38,500 million(+35.1%) / Ordinary income ¥28,500 million → ¥38,500 million(+35.1%) / Net income ¥19,000 million → ¥26,500 million(+39.5%)
Annual Dividend Forecast¥81 → ¥154(+90.1%)
Segment revenueAutomated machinery segment ¥8,286 million (YoY -6.8%) / Equipment segment ¥99,765 million (YoY +56.5%)
Segment profitAutomated machinery segment ¥2,048 million (YoY -3.7%) / Equipment segment ¥19,791 million (YoY +140.8%)
Orders received and order backlogAutomated machinery segment Orders received ¥9,366 million (YoY -6.9%) / Order backlog ¥17,691 million (YoY -1.9%)
Depreciation and amortization¥3,441 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on Sale of Investment Securities ¥19 million / Extraordinary loss Valuation loss on investment securities ¥200 million
Disclosure regarding the going concern assumptionNo applicable matters
Change in accounting policyChanges due to revisions to standards None / Other changes None / Change in accounting estimate None / Restatement None
Changes in the scope of consolidationNew Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed
Availability of Supplementary Financial Results MaterialsAvailable
Availability of Financial Results BriefingYes (for institutional investors and analysts)
Issued Shares at Period-End67,909,449 shares
Treasury Shares at Period-End1,070,411 shares
Factors Behind Changes in Business PerformanceExpansion of the semiconductor-related and machine tool markets driven by strong demand related to generative AI, the domestic production of semiconductors and semiconductor manufacturing equipment in China, and increased semiconductor-related capital investment in other regions. In the Automated Machinery segment, revenue from pharmaceutical packaging machines and lithium-ion battery manufacturing systems declined, while profit margins improved through expanded services and initiatives to increase productivity.
Items this document does not state (6)
Operating MarginPayout 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.

Demand in the semiconductor-related market within the Equipment segment significantly exceeded expectations, and the company expects the strong business environment to continue from the third quarter onward. In the interim period, demand related to generative AI, the domestic production of semiconductors and semiconductor manufacturing equipment in China, and increased semiconductor-related capital investment in other regions contributed to performance.

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Second-quarter (interim-period) financial results for the fiscal year ending March 2027 (Japanese GAAP) (Consolidated) | CKD Corporation (6407) timely disclosure | Komori