Results for this period
Interim period (second quarter)1 April 2026–30 September 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.
Revenue increased because higher revenue, including from new consolidations in North and South America, and foreign exchange translation effects outweighed the fading impact of new product launches in Japan and lower sales in China. Operating profit declined due to lower revenue in Japan, new start-up costs in North and South America, delays in passing on some cost increases associated with U.S. tariff measures, and soaring material costs and additional one-time expenses in Europe. Interim profit or loss attributable to owners of the parent was affected by the decline in ordinary profit, the absence of restructuring expenses at the German subsidiary recorded in the previous fiscal year, and the absence of the gain on bargain purchase recognized in the previous fiscal year.
Not applicable
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026–30 September 2026 |
| Net Sales | ¥86,265 million (YoY +9.9%) |
| Operating profit | ¥1,541 million (YoY -54.2%) |
| Ordinary income | ¥948 million (YoY -61.1%) |
| Profit attributable to owners of the parent | ¥-244 million |
| Net income per share | −¥6.82 |
| Equity ratio | End of the current fiscal period 35.7 / End of previous period 33.8 |
| Total assets | ¥140,485 million |
| Net assets | ¥53,720 million |
| Cash flows from operating activities | ¥3,235 million |
| Cash flows from investing activities | ¥-4,134 million |
| Cash flows from financing activities | ¥-6,799 million |
| Cash and cash equivalents at end of period | ¥17,147 million |
| Full-year earnings forecast | Net Sales ¥167,000 million (YoY +4.8%) / Operating profit ¥5,500 million (YoY +35.0%) / Ordinary income ¥3,500 million (YoY +15.2%) / Profit attributable to owners of the parent ¥1,500 million (YoY -1.6%) |
| Annual Dividend Forecast | ¥28 → ¥28（0.0%） |
| Segment revenue | Japan ¥15,129 million (YoY -9.5%), North and South America ¥41,198 million (YoY +25.5%), Europe ¥10,679 million (YoY +11.1%), China ¥3,639 million (YoY -29.9%), Asia ¥15,620 million (YoY +10.2%) |
| Segment profit | Japan ¥629 million (YoY -50.1%), North and South America ¥490 million (YoY -55.0%), Europe ¥-582 million, China ¥-375 million, Asia ¥1,487 million (YoY +4.2%) |
| Depreciation and amortization | ¥3,816 million |
| Impairment loss | No impairment loss was recorded during the interim period. The segment information states that there were no applicable items concerning impairment losses on property, plant and equipment or goodwill. |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥69 million, Reversal of provision for losses on liquidation of affiliates ¥124 million / Extraordinary loss Loss on sale of fixed assets ¥1 million, Loss on disposal of non-current assets ¥34 million |
| Disclosure regarding the going concern assumption | Not applicable |
| 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 material changes on the cover page (0 new companies, 0 excluded companies). The notes, however, state that all equity interests in Winkelmann Powertrain México S. de R.L. de C.V. were acquired and the company was included in the scope of consolidation. |
| Material subsequent events | At a meeting of the Board of Directors held on 28 October 2026, a resolution was passed to acquire 393,000 treasury shares for a total consideration of ¥262 million for use in the stock compensation plan. The acquisition period is from 13 November 2026 to 11 December 2026. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Whether applicable Yes / Subject person Not disclosed |
| Issued Shares at Period-End | 37,112,000 shares |
| Treasury Shares at Period-End | 1,260,431 shares |
| Factors Behind Changes in Business Performance | Revenue increased because higher revenue, including from new consolidations in North and South America, and foreign exchange translation effects outweighed the fading impact of new product launches in Japan and lower sales in China. Operating profit declined due to lower revenue in Japan, new start-up costs in North and South America, delays in passing on some cost increases associated with U.S. tariff measures, and soaring material costs and additional one-time expenses in Europe. Interim profit or loss attributable to owners of the parent was affected by the decline in ordinary profit, the absence of restructuring expenses at the German subsidiary recorded in the previous fiscal year, and the absence of the gain on bargain purchase recognized in the previous fiscal year. |
Items this document does not state (6)
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.Operating profit declined due to lower revenue in Japan, higher start-up costs in North and South America, delays in passing on some of the cost increases associated with U.S. tariff measures, and soaring material costs and additional one-time expenses in Europe. Revenue increased because higher revenue, including from new consolidations in North and South America, and foreign exchange translation effects outweighed the fading impact of new product launches in Japan and lower sales in China.