Komori
Earnings6616TOREX SEMICONDUCTOR LTD.Electrical Equipment and Precision Instruments

Summary of Financial Results for the First Quarter of the Fiscal Year Ending March 2027 (Japanese GAAP) (Consolidated)

In the first quarter of the fiscal year ending March 2027, net sales rose 11.9% year on year and operating income increased 436.3%, resulting in a substantial improvement in profitability. The full-year earnings forecasts for operating income, ordinary income and net income attributable to owners of the parent were revised upward due to the weaker yen and higher-than-expected dividend income from investment securities.

Worth reading
54Recurring
Scored from 5 of 6 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
436.3
% (year-on-year change in operating profit)
Wording
Conditional
How definitive the wording is.

Results for this period

First quarter1 April 2026 to 30 June 2026ConsolidatedJapanese GAAP
Net Sales6,564¥ millionYear on year +11.9%Progress 23.4%
Operating profit885¥ millionYear on year +436.3%Progress 59.0%
Ordinary income1,113¥ millionProgress 69.6%
Net income attributable to owners of the parent911¥ millionProgress 56.9%

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¥86.06
Financial position at period-end
Total assets35,944¥ million
of which net assets 19,560 ¥ millionEquity ratio 54.4%vs. prior year-end +2.0pt

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 revenueJapan ¥4,605 million (YoY +13.9%), Asia ¥1,426 million (YoY +4.8%), Europe ¥360 million (YoY +25.6%), North America ¥172 million (YoY +0.1%)
Segment profitJapan ¥796 million (YoY +626.8%), Asia ¥46 million (YoY +59.5%), Europe ¥29 million (YoY +1.5%), North America ¥16 million (YoY +26.6%)
Regional sales¥4,605 million (YoY +13.9%), ¥1,426 million (YoY +4.8%), ¥360 million (YoY +25.6%), ¥172 million (YoY +0.1%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥28,000 million (YoY +11.7%)
Operating profit¥1,500 million (YoY +38.2%)
Ordinary income¥1,600 million (YoY +26.1%)
Net income¥1,600 million (YoY +38.0%)
Revision to Earnings ForecastNet Sales Not disclosed → ¥28,000 million / Operating profit Not disclosed → ¥1,500 million / Ordinary income Not disclosed → ¥1,600 million / Net income Not disclosed → ¥1,600 million
Annual Dividend Forecast¥56 → ¥56(0.0%)
Factors Behind Changes in Business Performance

Sales increased against a backdrop of expanding demand related to AI and data centers, the completion of inventory adjustments, and a recovery in demand for consumer, industrial and automotive equipment. The Company also proceeded with passing on higher manufacturing costs through pricing. In addition, a change in the estimation method for writing down the book value of inventories improved cost of sales and profit at each stage by ¥281.016 million, although this increase in profit was temporary. The full-year forecasts were revised due to the yen's depreciation trend and the expectation of higher-than-expected dividend income from investment securities.

Disclosure regarding the going concern assumption

No applicable matters (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 Yes修正再表示 No
Changes in the scope of consolidationNew Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed
Breakdown of extraordinary income (loss)Extraordinary income Not disclosed / Extraordinary loss Loss on disposal and sale of non-current assets ¥546 thousand, Other ¥2,918 thousand
Depreciation and amortization¥406,297 thousand
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End11,554,200 Shares
Treasury Shares at Period-End962,163 Shares
Results for this period
ItemDetails
Fiscal Period ClassificationFirst quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 June 2026
Net Sales¥6,564 million (YoY +11.9%)
Operating profit¥885 million (YoY +436.3%)
Ordinary income¥1,113 million
Profit attributable to owners of the parent¥911 million
Net income per share¥86.06
Equity ratioEnd of the current fiscal period 54.4 / End of previous period 52.4
Total assets¥35,944 million
Net assets¥19,560 million
Full-year earnings forecastNet Sales ¥28,000 million (YoY +11.7%) / Operating profit ¥1,500 million (YoY +38.2%) / Ordinary income ¥1,600 million (YoY +26.1%) / Net income ¥1,600 million (YoY +38.0%)
Revision to Earnings ForecastNet Sales Not disclosed → ¥28,000 million / Operating profit Not disclosed → ¥1,500 million / Ordinary income Not disclosed → ¥1,600 million / Net income Not disclosed → ¥1,600 million
Annual Dividend Forecast¥56 → ¥56(0.0%)
Segment revenueJapan ¥4,605 million (YoY +13.9%), Asia ¥1,426 million (YoY +4.8%), Europe ¥360 million (YoY +25.6%), North America ¥172 million (YoY +0.1%)
Segment profitJapan ¥796 million (YoY +626.8%), Asia ¥46 million (YoY +59.5%), Europe ¥29 million (YoY +1.5%), North America ¥16 million (YoY +26.6%)
Regional sales¥4,605 million (YoY +13.9%), ¥1,426 million (YoY +4.8%), ¥360 million (YoY +25.6%), ¥172 million (YoY +0.1%)
Depreciation and amortization¥406,297 thousand
Breakdown of extraordinary income (loss)Extraordinary income Not disclosed / Extraordinary loss Loss on disposal and sale of non-current assets ¥546 thousand, Other ¥2,918 thousand
Disclosure regarding the going concern assumptionNo applicable matters (There are no applicable matters.)
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate Yes / Restatement No
Changes in the scope of consolidationNew Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End11,554,200 Shares
Treasury Shares at Period-End962,163 Shares
Factors Behind Changes in Business PerformanceSales increased against a backdrop of expanding demand related to AI and data centers, the completion of inventory adjustments, and a recovery in demand for consumer, industrial and automotive equipment. The Company also proceeded with passing on higher manufacturing costs through pricing. In addition, a change in the estimation method for writing down the book value of inventories improved cost of sales and profit at each stage by ¥281.016 million, although this increase in profit was temporary. The full-year forecasts were revised due to the yen's depreciation trend and the expectation of higher-than-expected dividend income from investment securities.
Items this document does not state (10)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodPayout ratioShareholder Return PolicyOrders received and order backlogImpairment lossMaterial 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 electronics market, sales increased amid expanding demand related to AI and data centers, the completion of inventory adjustments, and a recovery in demand for consumer, industrial and automotive equipment. The Company also proceeded with passing on higher manufacturing costs through pricing. In addition, a change in the estimation method for writing down the book value of inventories reduced cost of sales and increased profit at each stage by ¥281 million. The revisions to the full-year forecasts reflect the yen's continued depreciation and the expectation that dividend income from investment securities will exceed the initial assumptions.

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 First Quarter of the Fiscal Year Ending March 2027 (Japanese GAAP) (Consolidated) | TOREX SEMICONDUCTOR LTD. (6616) timely disclosure | Komori