Komori
Results6637TERASAKI ELECTRIC CO.,LTD.Electric Appliances & Precision Instruments

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

In the first half of the fiscal year ending March 2027, revenue and operating profit exceeded the prior-year period, driven by strong sales of equipment products and marine system products. However, interim net income attributable to owners of the parent declined because the Company recorded a ¥421 million extraordinary loss related to the demolition of a factory building.

Worth reading
50Recurring
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
24.8
% (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 to 30 September 2026ConsolidatedJapanese GAAP
Net Sales36,384¥ millionYear on year +24.8%Progress 52.3%
Operating profit3,206¥ millionYear on year +20.1%Progress 56.0%
Ordinary income3,139¥ millionYear on year +10.9%Progress 53.8%
Net income attributable to owners of the parent1,840¥ millionYear on year -4.6%

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¥150.03
Financial position at period-end
Total assets83,495¥ million
of which net assets 56,735 ¥ millionEquity ratio 68.0%vs. prior year-end -0.1pt

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+3,577,019
Investment-354,749
Financials-1,362,909
Net change+1,859,361

Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ thousand).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¥15,727,451 thousand
Segment revenueJapan ¥16,164 million (YoY +18.2%), Asia ¥16,671 million (YoY +39.0%), Europe ¥3,547 million (YoY +1.7%)
Segment profitJapan ¥2,676 million (YoY +48.2%), Asia ¥1,429 million (YoY +10.7%), Europe ¥81 million (YoY -62.8%)
Regional sales¥16,164 million (YoY +18.2%), ¥16,671 million (YoY +39.0%), ¥3,547 million (YoY +1.7%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥69,520 million (YoY +10.6%)
Operating profit¥5,730 million (YoY -7.5%)
Ordinary income¥5,830 million (YoY -10.5%)
Profit attributable to owners of the parent¥3,760 million (YoY -10.2%)
Annual Dividend Forecast¥53.00 → ¥56.00(5.7%)
Factors Behind Changes in Business Performance

Revenue increased as equipment products and marine system products performed well, while operating profit increased due to higher sales volume and other factors. Interim net income attributable to owners of the parent declined because the Company recorded ¥421 million in extraordinary losses, including losses on the disposal of fixed assets and demolition and removal costs related to the demolition of the old building at the Kami Plant.

Disclosure regarding the going concern assumption

No applicable matters (no matters applicable to the note on the going concern assumption)

Change in accounting policy
基準改正に伴う変更 Noneそれ以外の変更 None見積りの変更 None修正再表示 None
Changes in the scope of consolidationNew Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed / Notes The consolidated subsidiary ELECTRIMEC ASIA PACIFIC PTE.LTD. resolved to dissolve on 27 October 2025 and is currently undergoing liquidation proceedings.
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥837 thousand / Extraordinary loss Loss on sale of property, plant and equipment ¥11 thousand, Loss on disposal of non-current assets ¥421,859 thousand
Depreciation and amortization¥1,012,047 thousand
Orders received and order backlogOrders received ¥33,846 million / Order backlog ¥80,801 million
Availability of Supplementary Financial Results MaterialsAvailable
Availability of Financial Results BriefingWhether applicable Available / Subject person Institutional investors
Issued Shares at Period-End13,030,000 shares
Treasury Shares at Period-End755,701 shares
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 September 2026
Net Sales¥36,384 million (YoY +24.8%)
Operating profit¥3,206 million (YoY +20.1%)
Ordinary income¥3,139 million (YoY +10.9%)
Profit attributable to owners of the parent¥1,840 million (YoY -4.6%)
Net income per share¥150.03
Equity ratioEnd of the current fiscal period 68 / End of previous period 68.1
Total assets¥83,495 million
Net assets¥56,735 million
Cash flows from operating activities¥3,577,019 thousand
Cash flows from investing activities¥-354,749 thousand
Cash flows from financing activities¥-1,362,909 thousand
Cash and cash equivalents at end of period¥15,727,451 thousand
Full-year earnings forecastNet Sales ¥69,520 million (YoY +10.6%) / Operating profit ¥5,730 million (YoY -7.5%) / Ordinary income ¥5,830 million (YoY -10.5%) / Profit attributable to owners of the parent ¥3,760 million (YoY -10.2%)
Annual Dividend Forecast¥53.00 → ¥56.00(5.7%)
Segment revenueJapan ¥16,164 million (YoY +18.2%), Asia ¥16,671 million (YoY +39.0%), Europe ¥3,547 million (YoY +1.7%)
Segment profitJapan ¥2,676 million (YoY +48.2%), Asia ¥1,429 million (YoY +10.7%), Europe ¥81 million (YoY -62.8%)
Regional sales¥16,164 million (YoY +18.2%), ¥16,671 million (YoY +39.0%), ¥3,547 million (YoY +1.7%)
Orders received and order backlogOrders received ¥33,846 million / Order backlog ¥80,801 million
Depreciation and amortization¥1,012,047 thousand
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥837 thousand / Extraordinary loss Loss on sale of property, plant and equipment ¥11 thousand, Loss on disposal of non-current assets ¥421,859 thousand
Disclosure regarding the going concern assumptionNo applicable matters (no matters applicable to the note on the going concern assumption)
Change in accounting policyChanges due to revisions to standards None / Other changes None / Change in accounting estimate None / Restatement None
Changes in the scope of consolidationNew Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed / Notes The consolidated subsidiary ELECTRIMEC ASIA PACIFIC PTE.LTD. resolved to dissolve on 27 October 2025 and is currently undergoing liquidation proceedings.
Availability of Supplementary Financial Results MaterialsAvailable
Availability of Financial Results BriefingWhether applicable Available / Subject person Institutional investors
Issued Shares at Period-End13,030,000 shares
Treasury Shares at Period-End755,701 shares
Factors Behind Changes in Business PerformanceRevenue increased as equipment products and marine system products performed well, while operating profit increased due to higher sales volume and other factors. Interim net income attributable to owners of the parent declined because the Company recorded ¥421 million in extraordinary losses, including losses on the disposal of fixed assets and demolition and removal costs related to the demolition of the old building at the Kami Plant.
Items this document does not state (6)
Operating MarginRevision to Earnings ForecastPayout ratioShareholder Return PolicyImpairment 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.

Revenue and operating profit increased as equipment products and marine system products performed well and sales volume expanded. However, interim net income attributable to owners of the parent declined because the Company recorded ¥421 million in extraordinary losses, including losses on the disposal of fixed assets and demolition and removal costs related to the demolition of the old building at the Kami Plant.

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Summary of Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated) | TERASAKI ELECTRIC CO.,LTD. (6637) timely disclosure | Komori