Results for this period
Interim period (second quarter)1 April 2026–30 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.
Increased sales in the second-generation smart meter and switchboard businesses, improved profitability in the smart meter business, higher capacity utilization, the selective acceptance of highly profitable orders and cost reductions contributed to higher income. On the other hand, higher raw material and component prices, growth investments including human capital investment, research and development expenses and costs related to considering expansion into the United States, and lower overseas sales contributed to lower income.
No applicable matters
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026–30 September 2026 |
| Net Sales | ¥46,496 million (YoY +2.3%) |
| Operating profit | ¥2,591 million (YoY +37.8%) |
| Ordinary income | ¥2,754 million (YoY +47.6%) |
| Profit attributable to owners of the parent | ¥1,344 million (YoY +94.0%) |
| Net income per share | ¥30.64 |
| Equity ratio | End of the current fiscal period 59 % / End of previous period 56.9 % |
| Total assets | ¥96,047 million |
| Net assets | ¥68,880 million |
| Full-year earnings forecast | Net Sales ¥100,000 million (YoY -0.9%) / Operating profit ¥6,100 million (YoY -6.5%) / Ordinary income ¥6,300 million (YoY -4.1%) / Net income ¥3,000 million (YoY -48.1%) |
| Revision to Earnings Forecast | Net Sales ¥101,000 million → ¥100,000 million（-1.0%） / Operating profit ¥8,100 million → ¥6,100 million（-24.7%） / Ordinary income ¥8,100 million → ¥6,300 million（-22.2%） / Net income ¥4,800 million → ¥3,000 million（-37.5%） |
| Annual Dividend Forecast | ¥49 → ¥49（0.0%） |
| Segment revenue | Domestic measurement and control business ¥29,525 million (YoY +10.9%), Overseas measurement and control business ¥17,005 million (YoY -11.1%), Real Estate Business ¥200 million (YoY -14.6%) |
| Segment profit | Domestic measurement and control business ¥1,881 million (YoY +41.7%), Overseas measurement and control business ¥591 million (YoY +31.0%), Real Estate Business ¥118 million (YoY +4.2%) |
| Impairment loss | No applicable matters |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sales of investment securities ¥302 million / Extraordinary loss Business-structure improvement expenses ¥133 million |
| Disclosure regarding the going concern assumption | No applicable matters |
| Change in accounting policy | Changes due to revisions to standards None / Other changes None / Change in accounting estimate None / Restatement None |
| Changes in the scope of consolidation | New Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Available (for institutional investors and analysts) |
| Issued Shares at Period-End | 46,917,180 shares |
| Treasury Shares at Period-End | 3,536,603 shares |
| Factors Behind Changes in Business Performance | Increased sales in the second-generation smart meter and switchboard businesses, improved profitability in the smart meter business, higher capacity utilization, the selective acceptance of highly profitable orders and cost reductions contributed to higher income. On the other hand, higher raw material and component prices, growth investments including human capital investment, research and development expenses and costs related to considering expansion into the United States, and lower overseas sales contributed to lower income. |
Items this document does not state (11)
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.During the interim period, profits were boosted by increased shipments of second-generation smart meters, a shift toward more profitable products, improved capacity utilization and the selective acceptance of highly profitable orders. On the other hand, profits were weighed down by higher raw material and component prices, growth investments including human capital investment, research and development expenses and costs related to considering expansion into the United States, and lower overseas sales. Net income attributable to owners of the parent was also supported by a decrease in business structure improvement expenses. For details of the reasons for revising the full-year forecast, reference should be made to the separately released materials.