Results for this period
Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAPThe 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.
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.
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.
Although the GX Solutions Business declined, net sales increased due to growth in the Metering Business and Optical Application Inspection Equipment Business. The Metering Business benefited from increases in unit sales and selling prices accompanying the full-scale rollout of second-generation smart meters, as well as the start of mass production in the SMAC Business. The Optical Application Inspection Equipment Business benefited from an increase in 3D inspection systems. In the GX Solutions Business, sales volumes of EV chargers and the PPP/PFI Business declined, while EMS grew.
No applicable matters
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 September 2026 |
| Net Sales | ¥49,960 million (YoY +3.2%) |
| Operating profit | ¥3,761 million (YoY +10.5%) |
| Ordinary income | ¥3,814 million (YoY +6.7%) |
| Profit attributable to owners of the parent | ¥6,987 million (YoY +219.3%) |
| Net income per share | ¥443.19 |
| Equity ratio | End of the current fiscal period 59.3 / End of previous period 56.5 |
| Total assets | ¥115,638 million |
| Net assets | ¥74,364 million |
| Cash flows from operating activities | ¥2,175 million |
| Cash flows from investing activities | ¥7,696 million |
| Cash flows from financing activities | ¥-7,309 million |
| Cash and cash equivalents at end of period | ¥19,135 million |
| 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 |
| Segment revenue | Power Equipment business ¥27,491 million (YoY +0.2%), Metering business ¥18,218 million (YoY +15.1%), GX Solutions Business ¥3,492 million (YoY -21.7%), Optical Application Inspection Equipment business ¥403 million (YoY +124.2%), Other Businesses ¥353 million (YoY -28.0%) |
| Segment profit | Power Equipment business ¥4,329 million (YoY +5.7%), Metering business ¥2,725 million (YoY +20.2%), GX Solutions Business ¥-375 million, Optical Application Inspection Equipment business ¥-41 million, Other Businesses ¥295 million (YoY -8.3%) |
| Depreciation and amortization | ¥1,732 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥5,401 million, Gain on sale of shares in an affiliated company ¥264 million, Reversal of provision for repairs ¥1,335 million / Extraordinary loss Loss on disposal of fixed assets ¥41 million, Earthquake-resistance construction expenses ¥14 million |
| Disclosure regarding the going concern assumption | No applicable matters |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate Yes / Restatement No |
| Changes in the scope of consolidation | New 0 companies / Excluded 0 companies / Company name Not disclosed |
| Material subsequent events | On 8 October 2026, the company cancelled 657,000 treasury shares, leaving total shares issued at 15,619,305 after the cancellation. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Whether applicable Yes / Subject person For analysts |
| Issued Shares at Period-End | 16,276,305 |
| Treasury Shares at Period-End | 876,538 |
| Factors Behind Changes in Business Performance | Although the GX Solutions Business declined, net sales increased due to growth in the Metering Business and Optical Application Inspection Equipment Business. The Metering Business benefited from increases in unit sales and selling prices accompanying the full-scale rollout of second-generation smart meters, as well as the start of mass production in the SMAC Business. The Optical Application Inspection Equipment Business benefited from an increase in 3D inspection systems. In the GX Solutions Business, sales volumes of EV chargers and the PPP/PFI Business declined, while EMS grew. |
Items this document does not state (7)
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 revenue from the GX Solutions Business declined, net sales increased as the Metering Business and Optical Application Inspection Equipment Business grew. On the profit side, operating profit and other profit measures increased as a result of higher net sales, while the company also recorded extraordinary gains comprising a ¥5,401 million gain on the sale of fixed assets associated with the sale of rental buildings and a ¥1,335 million reversal of a provision for repairs.