Komori
Earnings6615UMC Electronics Co.,Ltd.Electrical Equipment and Precision Instruments

Summary of Financial Results for the Fiscal Year Ending March 2026 [Japanese GAAP] (Consolidated)

For the fiscal year ended March 2026, net sales fell 14.6% and operating profit declined 43.7%, resulting in a contraction in business scale and core earnings. Net income attributable to owners of the parent, however, turned to a profit of ¥283 million from a loss in the previous fiscal year. For the next fiscal year, the company expects higher net sales but forecasts lower operating profit and a net loss.

Worth reading
47Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
-14.6
Year-on-year change in revenue (%)
Wording
Conditional
How definitive the wording is.

Results for this period

Full year1 April 2025–31 March 2026ConsolidatedJapanese GAAP
Net Sales112,726¥ millionYear on year -14.6%Progress 98.0%
Operating profit1,209¥ millionYear on year -43.7%Progress 151.1%
Ordinary income1,107¥ millionYear on year -32.7%Progress 184.5%
Net income attributable to owners of the parent283¥ million

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¥8.48
Operating Margin1.1%
Financial position at period-end
Total assets75,808¥ million
of which net assets 17,143 ¥ millionEquity ratio 22.5%vs. prior year-end +1.8pt

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+2,586
Investment-4,331
Financials+575
Net change-1,170

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.

Cash and cash equivalents at end of period¥10,599 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥115,000 million (YoY +2.0%)
Operating profit¥800 million (YoY -33.9%)
Ordinary income¥600 million (YoY -45.8%)
Net income¥-400 million
Annual Dividend Forecast¥10.00 (actual for the fiscal year ended March 2026) → Undecided (forecast for the fiscal year ending March 2027)(Undecided)
Payout ratio117.9%
Factors Behind Changes in Business Performance

Sluggish demand in the Chinese market, U.S. tariff policies, geopolitical risks, soaring resource prices, concerns about an economic downturn, the end of production and production adjustments for certain products, and the recording of revenue on a net basis for agent transactions in industrial equipment. The forecast for the next fiscal year incorporates costs associated with restructuring the production system at the Chinese subsidiary and other expenses.

Disclosure regarding the going concern assumption

None ("There are 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
Changes in the scope of consolidationMaterial changes No / New Not disclosed / Excluded Not disclosed
Material subsequent eventsNo applicable matters.
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥72 million / Extraordinary loss Loss on sale of fixed assets ¥30 million, Loss on Disposal of Fixed Assets ¥3 million, Special retirement payments ¥28 million
Depreciation and amortization¥3,541 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingNone (対象者:Not disclosed)
Issued Shares at Period-End28,277,620 shares
Treasury Shares at Period-End137,886 shares
Results for this period
ItemDetails
Fiscal Period ClassificationFull year
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2025–31 March 2026
Net Sales¥112,726 million (YoY -14.6%)
Operating profit¥1,209 million (YoY -43.7%)
Ordinary income¥1,107 million (YoY -32.7%)
Profit attributable to owners of the parent¥283 million
Net income per share¥8.48
Operating Margin1.1%
Equity ratioEnd of the current fiscal period 22.5% / End of previous period 20.7%
Total assets¥75,808 million
Net assets¥17,143 million
Cash flows from operating activities¥2,586 million
Cash flows from investing activities¥-4,331 million
Cash flows from financing activities¥575 million
Cash and cash equivalents at end of period¥10,599 million
Full-year earnings forecastNet Sales ¥115,000 million (YoY +2.0%) / Operating profit ¥800 million (YoY -33.9%) / Ordinary income ¥600 million (YoY -45.8%) / Net income ¥-400 million
Annual Dividend Forecast¥10.00 (actual for the fiscal year ended March 2026) → Undecided (forecast for the fiscal year ending March 2027)(Undecided)
Payout ratio117.9%
Depreciation and amortization¥3,541 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥72 million / Extraordinary loss Loss on sale of fixed assets ¥30 million, Loss on Disposal of Fixed Assets ¥3 million, Special retirement payments ¥28 million
Disclosure regarding the going concern assumptionNone ("There are no applicable matters.")
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 consolidationMaterial changes No / New Not disclosed / Excluded Not disclosed
Material subsequent eventsNo applicable matters.
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingNone (対象者:Not disclosed)
Issued Shares at Period-End28,277,620 shares
Treasury Shares at Period-End137,886 shares
Factors Behind Changes in Business PerformanceSluggish demand in the Chinese market, U.S. tariff policies, geopolitical risks, soaring resource prices, concerns about an economic downturn, the end of production and production adjustments for certain products, and the recording of revenue on a net basis for agent transactions in industrial equipment. The forecast for the next fiscal year incorporates costs associated with restructuring the production system at the Chinese subsidiary and other expenses.
Items this document does not state (7)
Revision to Earnings ForecastShareholder Return PolicySegment revenueSegment profitRegional salesOrders received and order backlogImpairment loss

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 company was affected by sluggish demand in the Chinese market, the impact of U.S. tariff policies, geopolitical risks, soaring resource prices, concerns about an economic downturn, and the end of production and production adjustments for certain products. In industrial equipment, the recording of revenue on a net basis for transactions with certain customers conducted as agent transactions also contributed to the decline in net sales. The forecast for the next fiscal year incorporates costs associated with restructuring the production system at the Chinese subsidiary and other expenses.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Summary of Financial Results for the Fiscal Year Ending March 2026 [Japanese GAAP] (Consolidated) | UMC Electronics Co.,Ltd. (6615) timely disclosure | Komori