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Results6614Shikino High-Tech CO.,LTD.Electric Appliances & Precision Instruments

Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Non-consolidated)

For the interim period of the fiscal year ending March 2027, revenue increased 6.2% year on year, while operating income, ordinary income and net income all turned profitable from losses in the same period of the previous fiscal year. The full-year earnings forecast and annual dividend forecast were unchanged.

Worth reading
40Recurring
Scored from 5 of 6 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
6.2
% (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 2026Non-consolidated (individual)Japanese GAAP
Net Sales3,398¥ millionYear on year +6.2%Progress 50.6%
Operating profit113¥ millionProgress 96.6%
Ordinary income115¥ millionProgress 107.5%
Net income attributable to owners of the parent81¥ millionProgress 98.8%

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¥18.62
Financial position at period-end
Total assets5,684¥ million
of which net assets 2,353 ¥ millionEquity ratio 41.4%vs. prior year-end +1.7pt

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.

Cash inflows and outflows
Operating+710,878
Investment-42,520
Financials-388,280
Net change+280,078

Stacked from zero: upward is an increase in cash, downward a decrease (in thousand 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 period498,445 thousand yen
Segment revenueElectronic Systems Business 1,613,518 thousand yen (YoY +3.1%), Microelectronics Business 1,132,531 thousand yen (YoY +6.1%), Product Development Business 652,512 thousand yen (YoY +14.9%)
Segment profitElectronic Systems Business 16,500 thousand yen, Microelectronics Business 139,935 thousand yen (YoY +111.3%), Product Development Business -43,261 thousand yen
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
Revision to Earnings ForecastNone
Annual Dividend Forecast15 yen → 15 yen(0.0%)
Factors Behind Changes in Business Performance

In the Electronic Systems business, orders increased for new models of custom burn-in boards, repeat production and repeat and new orders for industrial products. In the Microelectronics business, outsourced LSI design, development for smart glasses and new IP contracts expanded. In the Product Development business, products for convenience stores and POS systems, defense-related equipment and the amusement sector performed well.

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)Extraordinary income None / Extraordinary loss Loss on disposal of non-current assets 0 thousand yen
Depreciation and amortization66,734 thousand yen
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable Yes / Subject person Not disclosed
Issued Shares at Period-End4,426,000 shares
Treasury Shares at Period-End26,677 shares
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedNon-consolidated (individual)
Period Covered1 April 2026–30 September 2026
Net Sales¥3,398 million (YoY +6.2%)
Operating profit¥113 million
Ordinary income¥115 million
Profit attributable to owners of the parent¥81 million
Net income per share¥18.62
Equity ratioEnd of the current fiscal period 41.4 / End of previous period 39.7
Total assets¥5,684 million
Net assets¥2,353 million
Cash flows from operating activities710,878 thousand yen
Cash flows from investing activities-42,520 thousand yen
Cash flows from financing activities-388,280 thousand yen
Cash and cash equivalents at end of period498,445 thousand yen
Full-year earnings forecastNet Sales ¥6,709 million (YoY +3.4%) / Operating profit ¥117 million / Ordinary income ¥107 million / Net income ¥82 million
Revision to Earnings ForecastNone
Annual Dividend Forecast15 yen → 15 yen(0.0%)
Segment revenueElectronic Systems Business 1,613,518 thousand yen (YoY +3.1%), Microelectronics Business 1,132,531 thousand yen (YoY +6.1%), Product Development Business 652,512 thousand yen (YoY +14.9%)
Segment profitElectronic Systems Business 16,500 thousand yen, Microelectronics Business 139,935 thousand yen (YoY +111.3%), Product Development Business -43,261 thousand yen
Depreciation and amortization66,734 thousand yen
Breakdown of extraordinary income (loss)Extraordinary income None / Extraordinary loss Loss on disposal of non-current assets 0 thousand yen
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 BriefingWhether applicable Yes / Subject person Not disclosed
Issued Shares at Period-End4,426,000 shares
Treasury Shares at Period-End26,677 shares
Factors Behind Changes in Business PerformanceIn the Electronic Systems business, orders increased for new models of custom burn-in boards, repeat production and repeat and new orders for industrial products. In the Microelectronics business, outsourced LSI design, development for smart glasses and new IP contracts expanded. In the Product Development business, products for convenience stores and POS systems, defense-related equipment and the amusement sector performed well.
Items this document does not state (8)
Operating MarginPayout 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.

In the Electronic Systems business, orders for custom burn-in boards and industrial products increased, while the Microelectronics business saw growth in outsourced LSI design and IP sales. In the Product Development business, products for convenience stores and POS systems, defense-related equipment and the amusement sector performed well. The company explained that there are uncertain factors for the second half, including increasingly difficult procurement conditions for components.

How to read this page

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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Non-consolidated) | Shikino High-Tech CO.,LTD. (6614) timely disclosure | Komori