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Earnings6614Shikino High-Tech CO.,LTD.Electrical Equipment and Precision Instruments

Q1 Financial Results for the Fiscal Year Ending March 2027 [Japanese GAAP] (Non-consolidated)

Net sales increased 1.1% year on year, while operating income, ordinary income and net income all turned profitable from losses in the same period of the previous year. The full-year earnings forecast and annual dividend forecast remain unchanged.

Worth reading
30Immaterial
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
125182
Thousands of yen (year-on-year change in operating income)
Wording
Definitive
How definitive the wording is.

Results for this period

First quarter1 April 2026 to 30 June 2026Non-consolidated (standalone)Japanese GAAP
Net Sales1,535¥ millionYear on year +1.1%Progress 22.9%
Operating profit19¥ millionProgress 16.2%
Ordinary income21¥ millionProgress 19.6%
Net income attributable to owners of the parent21¥ millionProgress 25.6%

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¥4.91
Financial position at period-end
Total assets5,771¥ million
of which net assets 2,253 ¥ millionEquity ratio 39.0%vs. prior year-end -0.7pt

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 revenueElectronic Systems Business ¥721,257 thousand (YoY -7.0%), Microelectronics Business ¥555,293 thousand (YoY +6.5%), Product Development Business ¥258,941 thousand (YoY +16.7%)
Segment profitElectronic Systems Business ¥-7,247 thousand, Microelectronics Business ¥69,393 thousand (YoY +212.0%), Product Development Business ¥-43,092 thousand
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥6,709 million (YoY +3.4%)
Operating profit¥117 million
Ordinary income¥107 million
Net income¥82 million
Annual Dividend Forecast¥15 → ¥15(0.0%)
Factors Behind Changes in Business Performance

In the Electronic Systems Business, orders for custom burn-in boards, chamber-type burn-in boards and measuring instruments for industrial and defense applications increased, despite lower orders resulting from restrained capital investment amid uncertainty in the automotive market and inventory adjustments by volume-production customers of the Fukushima Plant. In the Microelectronics Business, contracted LSI design services, repeat orders and new license agreements increased. In the Product Development Business, results benefited from strong shipments of products for overseas ATMs, factory automation inspection equipment and café latte machines, as well as a recovery in shipments of products for medical and self-checkout applications.

Disclosure regarding the going concern assumption

No applicable matters

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
Breakdown of extraordinary income (loss)No applicable matters
Depreciation and amortization¥33,337 thousand
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingNo (対象者:記載なし)
Issued Shares at Period-End4,426,000 Shares
Treasury Shares at Period-End36,677 Shares
Results for this period
ItemDetails
Fiscal Period ClassificationFirst quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedNon-consolidated (standalone)
Period Covered1 April 2026 to 30 June 2026
Net Sales¥1,535 million (YoY +1.1%)
Operating profit¥19 million
Ordinary income¥21 million
Profit attributable to owners of the parent¥21 million
Net income per share¥4.91
Equity ratioEnd of the current fiscal period 39 / End of previous period 39.7
Total assets¥5,771 million
Net assets¥2,253 million
Full-year earnings forecastNet Sales ¥6,709 million (YoY +3.4%) / Operating profit ¥117 million / Ordinary income ¥107 million / Net income ¥82 million
Annual Dividend Forecast¥15 → ¥15(0.0%)
Segment revenueElectronic Systems Business ¥721,257 thousand (YoY -7.0%), Microelectronics Business ¥555,293 thousand (YoY +6.5%), Product Development Business ¥258,941 thousand (YoY +16.7%)
Segment profitElectronic Systems Business ¥-7,247 thousand, Microelectronics Business ¥69,393 thousand (YoY +212.0%), Product Development Business ¥-43,092 thousand
Depreciation and amortization¥33,337 thousand
Breakdown of extraordinary income (loss)No applicable matters
Disclosure regarding the going concern assumptionNo applicable matters
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingNo (対象者:記載なし)
Issued Shares at Period-End4,426,000 Shares
Treasury Shares at Period-End36,677 Shares
Factors Behind Changes in Business PerformanceIn the Electronic Systems Business, orders for custom burn-in boards, chamber-type burn-in boards and measuring instruments for industrial and defense applications increased, despite lower orders resulting from restrained capital investment amid uncertainty in the automotive market and inventory adjustments by volume-production customers of the Fukushima Plant. In the Microelectronics Business, contracted LSI design services, repeat orders and new license agreements increased. In the Product Development Business, results benefited from strong shipments of products for overseas ATMs, factory automation inspection equipment and café latte machines, as well as a recovery in shipments of products for medical and self-checkout applications.
Items this document does not state (13)
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 PolicyRegional salesOrders received and order backlogImpairment lossChanges in the scope of consolidationMaterial 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.

Results benefited from increased orders for custom burn-in boards, chamber-type burn-in boards and measuring instruments for industrial and defense applications, growth in contracted LSI design services and license agreements, strong shipments of products for overseas ATMs, factory automation inspection equipment and café latte machines, and a recovery in shipments of products for medical and self-checkout applications. On the other hand, orders declined due to restrained capital investment amid uncertainty in the automotive market and inventory adjustments by volume-production customers of the Fukushima Plant.

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Q1 Financial Results for the Fiscal Year Ending March 2027 [Japanese GAAP] (Non-consolidated) | Shikino High-Tech CO.,LTD. (6614) timely disclosure | Komori