Komori
Earnings6648KAWADEN CORPORATIONElectrical Equipment and Precision Instruments

Summary of Financial Results for the First Quarter of the Fiscal Year Ending March 2027 [Japanese GAAP] (Non-consolidated)

In the first quarter of the fiscal year ending March 2027, net sales fell 11.8% year on year due to a decline following the completion of large projects and other factors that had boosted the year-earlier period, as well as delays in the delivery schedules for certain projects. Operating income, ordinary income and net income also declined, but rigorous project profitability management and cost reductions kept the decrease in profit smaller than the decline in net sales.

Worth reading
58In focus
Scored from 4 of 6 sections
Direction
Deterioration
Direction inferred from the company’s description.
Scale
-11.8
Year-on-year revenue growth (%)
Wording
Conditional
How definitive the wording is.

Results for this period

First quarter1 April 2026 to 30 June 2026Non-consolidated (standalone)Japanese GAAP
Net Sales6,510¥ millionYear on year -11.8%
Operating profit965¥ millionYear on year -6.7%
Ordinary income984¥ millionYear on year -5.8%
Net income attributable to owners of the parent678¥ millionYear on year -2.5%

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.

Financial position at period-end
Total assets27,855¥ million
of which net assets 20,729 ¥ million

The shaded area represents net assets as a proportion of total assets. It is calculated from the two amounts reported by the company.

Factors Behind Changes in Business Performance

The decline following the expiration of special factors, including large projects in the same period of the previous year, and the postponement of delivery schedules for certain urban redevelopment and plant-related projects to the second half of the fiscal year. In terms of profit, the impact of lower net sales was minimized through rigorous project profitability management and cost reductions.

Disclosure regarding the going concern assumption

Not applicable.

Breakdown of extraordinary income (loss)Extraordinary income Item Gain on sale of investment securities / Amount ¥3 million / Extraordinary loss Item Loss on Disposal of Fixed Assets / Amount ¥0 million
Depreciation and amortization¥149 million
Orders received and order backlogOrders received Current fiscal year ¥8,667 million / Prior-year period ¥9,196 million / Change ¥-529 million / Order backlog Current fiscal year ¥30,645 million / Prior-year period ¥25,823 million / Change ¥4,822 million
Results for this period
ItemDetails
Fiscal Period ClassificationFirst quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedNon-consolidated (standalone)
Period Covered1 April 2026 to 30 June 2026
Net Sales¥6,510 million (YoY -11.8%)
Operating profit¥965 million (YoY -6.7%)
Ordinary income¥984 million (YoY -5.8%)
Profit attributable to owners of the parent¥678 million (YoY -2.5%)
Total assets¥27,855 million
Net assets¥20,729 million
Orders received and order backlogOrders received Current fiscal year ¥8,667 million / Prior-year period ¥9,196 million / Change ¥-529 million / Order backlog Current fiscal year ¥30,645 million / Prior-year period ¥25,823 million / Change ¥4,822 million
Depreciation and amortization¥149 million
Breakdown of extraordinary income (loss)Extraordinary income Item Gain on sale of investment securities / Amount ¥3 million / Extraordinary loss Item Loss on Disposal of Fixed Assets / Amount ¥0 million
Disclosure regarding the going concern assumptionNot applicable.
Factors Behind Changes in Business PerformanceThe decline following the expiration of special factors, including large projects in the same period of the previous year, and the postponement of delivery schedules for certain urban redevelopment and plant-related projects to the second half of the fiscal year. In terms of profit, the impact of lower net sales was minimized through rigorous project profitability management and cost reductions.
Items this document does not state (23)
Net income per shareOperating MarginEquity ratioCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodFull-year earnings forecastRevision to Earnings ForecastAnnual Dividend ForecastPayout ratioShareholder Return PolicySegment revenueSegment profitRegional salesImpairment lossChange in accounting policyChanges in the scope of consolidationMaterial subsequent eventsAvailability of Supplementary Financial Results MaterialsAvailability of Financial Results BriefingIssued Shares at Period-EndTreasury Shares at Period-End

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 addition to a decline following the expiration of special factors, including large projects that contributed to the increase in net sales in the same period of the previous year, delivery schedules for certain urban redevelopment and plant-related projects were pushed back to the second half of the fiscal year. With respect to profit, the company worked to rigorously manage the profitability of each project and reduce costs, thereby minimizing the impact of the decline in net sales.

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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 First Quarter of the Fiscal Year Ending March 2027 [Japanese GAAP] (Non-consolidated) | KAWADEN CORPORATION (6648) timely disclosure | Komori