Komori
Results6517Denyo Co.,Ltd.Electric Appliances & Precision Instruments

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

For the interim period of the fiscal year ending March 2027, demand and shipments increased, mainly to the US and Asia, and net sales, operating income and ordinary income exceeded the same period of the previous fiscal year. Interim net income increased significantly, boosted by gains on sales of investment securities, while there were no revisions to the full-year earnings forecast or dividend forecast.

Worth reading
43Recurring
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
9.7
% (year-on-year change in net sales)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026–30 September 2026ConsolidatedJapanese GAAP
Net Sales34,946Millions of yenYear on year +9.7%Progress 46.9%
Operating profit2,342Millions of yenYear on year +8.0%Progress 29.3%
Ordinary income2,719Millions of yenYear on year +9.9%Progress 31.3%
Net income attributable to owners of the parent2,530Millions of yenYear on year +56.4%

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¥125.80
Financial position at period-end
Total assets106,232Millions of yen
of which net assets 87,614 Millions of yenEquity ratio 79.1%vs. prior year-end +0.8pt

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+3,190
Investment+372
Financials-2,169
Net change+1,393

Stacked from zero: upward is an increase in cash, downward a decrease (in Millions of yen).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 period23,781 Millions of yen
Segment revenueJapan 21,237 Millions of yen (YoY -9.8%), United States 10,918 Millions of yen (YoY +81.3%), Asia 2,682 Millions of yen (YoY +26.2%), Europe 107 Millions of yen (YoY -32.6%)
Segment profitJapan 307 Millions of yen (YoY -80.3%), United States 1,207 Millions of yen (YoY +682.5%), Asia 394 Millions of yen (YoY +98.8%), Europe -15 Millions of yen
Regional sales16,508 Millions of yen (YoY -10.5%), 18,437 Millions of yen (YoY +37.6%), 13,222 Millions of yen (YoY +47.3%), 4,118 Millions of yen (YoY +34.0%), 1,096 Millions of yen (YoY -18.9%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales74,500 Millions of yen (YoY +3.1%)
Operating profit8,000 Millions of yen (YoY +3.1%)
Ordinary income8,700 Millions of yen (YoY +2.0%)
Profit attributable to owners of the parent5,900 Millions of yen (YoY +4.6%)
Revision to Earnings ForecastNo change
Annual Dividend Forecast100 Yen → 170 Yen(+70.0%)
Factors Behind Changes in Business Performance

Completion of inventory adjustments in the US rental market, construction demand driven by data center-related investment, demand in Asian markets, and increased shipments to the US and Asia. The company also focused on strengthening its stable supply system for products for the US market, expanding overseas sales channels and developing new products. Gains on sales of investment securities and other assets also contributed to interim net income.

Disclosure regarding the going concern assumption

None 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 0 / Excluded 0 / Company name Not applicable
Impairment lossNo applicable items
Breakdown of extraordinary income (loss)Extraordinary income Gain on sales of non-current assets 0 Millions of yen, Gain on sale of investment securities 1,141 Millions of yen / Extraordinary loss Loss on disposal of fixed assets 20 Millions of yen
Depreciation and amortization989 Millions of yen
Availability of Supplementary Financial Results MaterialsAvailable
Availability of Financial Results BriefingWhether applicable Available / Subject person For securities analysts and institutional investors
Issued Shares at Period-End21,859,660
Treasury Shares at Period-End1,856,935
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026–30 September 2026
Net Sales34,946 Millions of yen (YoY +9.7%)
Operating profit2,342 Millions of yen (YoY +8.0%)
Ordinary income2,719 Millions of yen (YoY +9.9%)
Profit attributable to owners of the parent2,530 Millions of yen (YoY +56.4%)
Net income per share¥125.80
Equity ratioEnd of the current fiscal period 79.1 / End of previous period 78.3
Total assets106,232 Millions of yen
Net assets87,614 Millions of yen
Cash flows from operating activities3,190 Millions of yen
Cash flows from investing activities372 Millions of yen
Cash flows from financing activities-2,169 Millions of yen
Cash and cash equivalents at end of period23,781 Millions of yen
Full-year earnings forecastNet Sales 74,500 Millions of yen (YoY +3.1%) / Operating profit 8,000 Millions of yen (YoY +3.1%) / Ordinary income 8,700 Millions of yen (YoY +2.0%) / Profit attributable to owners of the parent 5,900 Millions of yen (YoY +4.6%)
Revision to Earnings ForecastNo change
Annual Dividend Forecast100 Yen → 170 Yen(+70.0%)
Segment revenueJapan 21,237 Millions of yen (YoY -9.8%), United States 10,918 Millions of yen (YoY +81.3%), Asia 2,682 Millions of yen (YoY +26.2%), Europe 107 Millions of yen (YoY -32.6%)
Segment profitJapan 307 Millions of yen (YoY -80.3%), United States 1,207 Millions of yen (YoY +682.5%), Asia 394 Millions of yen (YoY +98.8%), Europe -15 Millions of yen
Regional sales16,508 Millions of yen (YoY -10.5%), 18,437 Millions of yen (YoY +37.6%), 13,222 Millions of yen (YoY +47.3%), 4,118 Millions of yen (YoY +34.0%), 1,096 Millions of yen (YoY -18.9%)
Depreciation and amortization989 Millions of yen
Impairment lossNo applicable items
Breakdown of extraordinary income (loss)Extraordinary income Gain on sales of non-current assets 0 Millions of yen, Gain on sale of investment securities 1,141 Millions of yen / Extraordinary loss Loss on disposal of fixed assets 20 Millions of yen
Disclosure regarding the going concern assumptionNone 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 0 / Excluded 0 / Company name Not applicable
Availability of Supplementary Financial Results MaterialsAvailable
Availability of Financial Results BriefingWhether applicable Available / Subject person For securities analysts and institutional investors
Issued Shares at Period-End21,859,660
Treasury Shares at Period-End1,856,935
Factors Behind Changes in Business PerformanceCompletion of inventory adjustments in the US rental market, construction demand driven by data center-related investment, demand in Asian markets, and increased shipments to the US and Asia. The company also focused on strengthening its stable supply system for products for the US market, expanding overseas sales channels and developing new products. Gains on sales of investment securities and other assets also contributed to interim net income.
Items this document does not state (5)
Operating MarginPayout 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 main factors behind the increase in sales were the completion of inventory adjustments in the US rental market, firm construction demand driven by data center-related investment, and steady demand in Asian markets. The company said it also focused on strengthening its stable supply system for products for the US market, expanding overseas sales channels and developing new products. Gains on sales of investment securities and other assets also contributed to interim net income.

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