Results for this period
First quarter1 April 2026 to 30 June 2026ConsolidatedJapanese GAAPThe 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.
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.
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.
Product sales temporarily declined as shipments of mass-production products for automotive applications shifted to Q2, but increased 5.9% year on year to ¥27,400 million due to the effect of the weaker yen. NRE sales increased 37.1% year on year to ¥11,594 million, mainly due to prototyping-related revenue associated with the launch of new mass-production products for North American data centers. Meanwhile, research and development expenses increased because investment in advanced development and other areas remained at a high level, resulting in an operating loss.
No applicable matters.
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 June 2026 |
| Net Sales | ¥39,039 million (YoY +13.0%) |
| Operating profit | ¥-662 million |
| Ordinary income | ¥-782 million |
| Profit attributable to owners of the parent | ¥-580 million |
| Net income per share | -¥3.31 |
| Equity ratio | End of the current fiscal period 74.1 / End of previous period 79.4 |
| Total assets | ¥173,424 million |
| Net assets | ¥128,510 million |
| Cash flows from operating activities | ¥3,279 million |
| Cash flows from investing activities | ¥-6,353 million |
| Cash flows from financing activities | ¥-4,497 million |
| Cash and cash equivalents at end of period | ¥37,317 million |
| Full-year earnings forecast | Net Sales ¥215,000 million (YoY +7.1%) / Operating profit ¥14,000 million (YoY +13.3%) / Ordinary income ¥14,000 million (YoY +19.1%) / Net income ¥10,000 million (YoY +14.5%) |
| Annual Dividend Forecast | ¥50 → ¥50（0.0%） |
| Depreciation and amortization | ¥4,599 million |
| Disclosure regarding the going concern assumption | No applicable matters. |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | No additions or exclusions (no material changes) |
| Material subsequent events | No applicable matters. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Available (for institutional investors and analysts) |
| Issued Shares at Period-End | 179,989,255 |
| Treasury Shares at Period-End | 4,599,737 |
| Factors Behind Changes in Business Performance | Product sales temporarily declined as shipments of mass-production products for automotive applications shifted to Q2, but increased 5.9% year on year to ¥27,400 million due to the effect of the weaker yen. NRE sales increased 37.1% year on year to ¥11,594 million, mainly due to prototyping-related revenue associated with the launch of new mass-production products for North American data centers. Meanwhile, research and development expenses increased because investment in advanced development and other areas remained at a high level, resulting in an operating loss. |
Items this document does not state (10)
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.Net sales increased due to NRE revenue related to prototyping for the launch of new mass-production products for North American data centers, as well as the effect of the weaker yen. Meanwhile, earnings deteriorated because shipments of mass-production products for automotive applications shifted from Q1 to Q2, investment in product development and advanced development remained at a high level, and the company incurred foreign exchange losses, among other factors.