Komori
Earnings6617TAKAOKA TOKO 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, revenue increased 5.1%, while operating profit rose 60.2% to ¥9,763 million. For the fiscal year ending March 2027, operating profit is forecast at ¥10,000 million, and the annual dividend forecast has been increased to ¥134.

Worth reading
52Recurring
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
60.2
% (year-on-year change in operating income)
Wording
Conditional
How definitive the wording is.

Results for this period

Full year1 April 2025–31 March 2026ConsolidatedJapanese GAAP
Net Sales112,093¥ millionYear on year +5.1%Progress 97.5%
Operating profit9,763¥ millionYear on year +60.2%Progress 97.6%
Ordinary income10,084¥ millionYear on year +60.0%Progress 99.8%
Net income attributable to owners of the parent6,602¥ millionYear on year +72.7%Progress 66.0%

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¥411.33
Operating Margin8.7%
Financial position at period-end
Total assets120,316¥ million
of which net assets 73,753 ¥ millionEquity ratio 56.5%vs. prior year-end +2.9pt

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+10,780
Investment-5,053
Financials-2,597
Net change+3,130

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¥16,564 million
Segment revenuePower Equipment business ¥63,864 million (YoY +6.7%), Metering business ¥33,212 million (YoY -0.1%), GX Solutions business ¥12,370 million (YoY +17.2%), Optical Application Inspection Equipment business ¥1,666 million (YoY -15.8%)
Segment profitPower Equipment business ¥9,595 million (YoY +54.5%), Metering business ¥4,591 million (YoY +4.9%), GX Solutions business ¥493 million, Optical Application Inspection Equipment business ¥97 million (YoY -59.0%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥115,000 million (YoY +2.6%)
Operating profit¥10,000 million (YoY +2.4%)
Ordinary income¥10,100 million (YoY +0.2%)
Net income¥10,000 million (YoY +51.5%)
Annual Dividend Forecast¥120 → ¥134（+11.7%）
Payout ratio29.2%
Shareholder Return PolicyFrom the fiscal year ending March 2027, the target payout ratio will be increased from the previous 30% to 40%.
Factors Behind Changes in Business Performance

Although the Metering Business and Optical Applied Inspection Equipment Business declined, revenue increased due to growth in special high-voltage receiving and transforming equipment plant projects in the Power Equipment Business and PPP/PFI projects in the GX Solutions Business. The increase in revenue resulted in higher operating profit, ordinary profit and net income attributable to owners of the parent.

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 consolidationNew — companies / Excluded — companies / Company name None
Material subsequent eventsThe Company has decided to transfer non-current assets and expects to recognize approximately ¥10.7 billion in gains on the sale of non-current assets and approximately ¥1.3 billion in gains from the reversal of provision for repairs as extraordinary income in the fiscal years ending March 2027 and March 2028. In addition, the Company has decided to acquire up to 1,300,000 treasury shares for a total acquisition cost of up to ¥5 billion and cancel all acquired shares.
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥320 million / Extraordinary loss Loss on disposal of fixed assets ¥134 million, Office relocation expenses ¥5 million, Earthquake-resistance construction expenses ¥37 million
Depreciation and amortization¥3,111 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for analysts)
Issued Shares at Period-End16,276,305 shares
Treasury Shares at Period-End224,431 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¥112,093 million (YoY +5.1%)
Operating profit¥9,763 million (YoY +60.2%)
Ordinary income¥10,084 million (YoY +60.0%)
Profit attributable to owners of the parent¥6,602 million (YoY +72.7%)
Net income per share¥411.33
Operating Margin8.7%
Equity ratioEnd of the current fiscal period 56.5% / End of previous period 53.6%
Total assets¥120,316 million
Net assets¥73,753 million
Cash flows from operating activities¥10,780 million
Cash flows from investing activities¥-5,053 million
Cash flows from financing activities¥-2,597 million
Cash and cash equivalents at end of period¥16,564 million
Full-year earnings forecastNet Sales ¥115,000 million (YoY +2.6%) / Operating profit ¥10,000 million (YoY +2.4%) / Ordinary income ¥10,100 million (YoY +0.2%) / Net income ¥10,000 million (YoY +51.5%)
Annual Dividend Forecast¥120 → ¥134（+11.7%）
Payout ratio29.2%
Shareholder Return PolicyFrom the fiscal year ending March 2027, the target payout ratio will be increased from the previous 30% to 40%.
Segment revenuePower Equipment business ¥63,864 million (YoY +6.7%), Metering business ¥33,212 million (YoY -0.1%), GX Solutions business ¥12,370 million (YoY +17.2%), Optical Application Inspection Equipment business ¥1,666 million (YoY -15.8%)
Segment profitPower Equipment business ¥9,595 million (YoY +54.5%), Metering business ¥4,591 million (YoY +4.9%), GX Solutions business ¥493 million, Optical Application Inspection Equipment business ¥97 million (YoY -59.0%)
Depreciation and amortization¥3,111 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥320 million / Extraordinary loss Loss on disposal of fixed assets ¥134 million, Office relocation expenses ¥5 million, Earthquake-resistance construction expenses ¥37 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 consolidationNew — companies / Excluded — companies / Company name None
Material subsequent eventsThe Company has decided to transfer non-current assets and expects to recognize approximately ¥10.7 billion in gains on the sale of non-current assets and approximately ¥1.3 billion in gains from the reversal of provision for repairs as extraordinary income in the fiscal years ending March 2027 and March 2028. In addition, the Company has decided to acquire up to 1,300,000 treasury shares for a total acquisition cost of up to ¥5 billion and cancel all acquired shares.
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for analysts)
Issued Shares at Period-End16,276,305 shares
Treasury Shares at Period-End224,431 shares
Factors Behind Changes in Business PerformanceAlthough the Metering Business and Optical Applied Inspection Equipment Business declined, revenue increased due to growth in special high-voltage receiving and transforming equipment plant projects in the Power Equipment Business and PPP/PFI projects in the GX Solutions Business. The increase in revenue resulted in higher operating profit, ordinary profit and net income attributable to owners of the parent.
Items this document does not state (4)
Revision to Earnings ForecastRegional 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.

Although the Metering Business and Optical Applied Inspection Equipment Business declined, special high-voltage receiving and transforming equipment plant projects in the Power Equipment Business and PPP/PFI projects in the GX Solutions Business increased. The increase in revenue resulted in higher operating profit and other gains.

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.
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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.
Summary of Financial Results for the Fiscal Year Ending March 2026 [Japanese GAAP] (Consolidated) | TAKAOKA TOKO CO.,LTD. (6617) timely disclosure | Komori