Komori
Earnings6445JANOME CorporationMachinery

Financial Results for the First Quarter of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated)

In the first quarter of the fiscal year ending March 2027, net sales increased 31.0% year on year and operating income rose 581.9%. Ordinary income and net income also moved from losses into the black. The full-year earnings forecast remains unchanged, while the annual dividend forecast has been increased by ¥5 from the previous fiscal year's actual dividend to ¥60.

Worth reading
39Recurring
Scored from 5 of 6 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
31
%
Wording
Conditional
How definitive the wording is.

Results for this period

First quarter1 April 2026 to 30 June 2026ConsolidatedJapanese GAAP
Net Sales10,481¥ millionYear on year +31.0%Progress 25.0%
Operating profit809¥ millionYear on year +581.9%Progress 27.0%
Ordinary income903¥ millionProgress 30.1%
Net income attributable to owners of the parent737¥ million

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¥44.05
Financial position at period-end
Total assets51,798¥ million
of which net assets 35,958 ¥ millionEquity ratio 67.5%vs. prior year-end -0.9pt

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.

Segment revenue
Household equipment8,28979.2%
Industrial Equipment1,43013.7%
IT-related7477.1%
Segment profit
Household equipment735
Industrial Equipment-70
IT-related133
Regional sales
Japan2,41523.1%
North America3,14630.1%
Europe2,01219.2%
Other2,89427.6%
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥42,000 million (YoY +7.8%)
Operating profit¥3,000 million (YoY +57.0%)
Ordinary income¥3,000 million (YoY +43.0%)
Profit attributable to owners of the parent¥2,000 million (YoY +238.8%)
Annual Dividend Forecast¥55 → ¥60
Factors Behind Changes in Business Performance

The main factors were the launch of new products, demand generation through products tailored to customer needs, and initiatives to improve profitability. Operating income was affected by a refund of U.S. tariffs. In Household Equipment, sales of high-value-added products, new models and entry-level sewing machines contributed, while order growth contributed in the IT-related business. In Industrial Equipment, capital investment in China and South Korea slowed, while the Die-Casting business benefited from the effects of revised selling prices.

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 — companies (company name: —) / Excluded — companies (company name: —)
Impairment loss¥19 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of investment securities ¥1 million, Gain on sale of non-current assets ¥0 million / Extraordinary loss Loss on disposal and sale of non-current assets ¥0 million, Impairment Losses ¥19 million
Depreciation and amortization¥234 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End16,979,205
Treasury Shares at Period-End256,124
Results for this period
ItemDetails
Fiscal Period ClassificationFirst quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 June 2026
Net Sales¥10,481 million (YoY +31.0%)
Operating profit¥809 million (YoY +581.9%)
Ordinary income¥903 million
Profit attributable to owners of the parent¥737 million
Net income per share¥44.05
Equity ratioEnd of the current fiscal period 67.5 / End of previous period 68.4
Total assets¥51,798 million
Net assets¥35,958 million
Full-year earnings forecastNet Sales ¥42,000 million (YoY +7.8%) / Operating profit ¥3,000 million (YoY +57.0%) / Ordinary income ¥3,000 million (YoY +43.0%) / Profit attributable to owners of the parent ¥2,000 million (YoY +238.8%)
Annual Dividend Forecast¥55 → ¥60
Segment revenueHousehold equipment ¥8,289 million / Industrial Equipment ¥1,430 million / IT-related ¥747 million
Segment profitHousehold equipment ¥735 million / Industrial Equipment ¥-70 million / IT-related ¥133 million
Regional salesJapan ¥2,415 million / North America ¥3,146 million / Europe ¥2,012 million / Other ¥2,894 million
Depreciation and amortization¥234 million
Impairment loss¥19 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of investment securities ¥1 million, Gain on sale of non-current assets ¥0 million / Extraordinary loss Loss on disposal and sale of non-current assets ¥0 million, Impairment Losses ¥19 million
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 — companies (company name: —) / Excluded — companies (company name: —)
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End16,979,205
Treasury Shares at Period-End256,124
Factors Behind Changes in Business PerformanceThe main factors were the launch of new products, demand generation through products tailored to customer needs, and initiatives to improve profitability. Operating income was affected by a refund of U.S. tariffs. In Household Equipment, sales of high-value-added products, new models and entry-level sewing machines contributed, while order growth contributed in the IT-related business. In Industrial Equipment, capital investment in China and South Korea slowed, while the Die-Casting business benefited from the effects of revised selling prices.
Items this document does not state (10)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodRevision to Earnings ForecastPayout ratioShareholder Return PolicyOrders received and order backlogMaterial 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.

The results were supported by the launch of new products, demand generation through products tailored to customer needs, and initiatives to improve profitability. Operating income also benefited from a refund of U.S. tariffs. In the Household Equipment business, sales of new models and entry-level sewing machines contributed, while order growth contributed in the IT-related business.

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Financial Results for the First Quarter of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated) | JANOME Corporation (6445) timely disclosure | Komori