Komori
Results6648KAWADEN CORPORATIONElectrical and Precision Instruments

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

For the interim period of the fiscal year ending March 2027, revenue and profit at each level were below the year-earlier period, due to the reaction to large projects recorded in the year-earlier period and deliveries being pushed into the second half. The full-year earnings forecast remains unchanged, although revenue is expected to be concentrated in the second half.

Worth reading
46Recurring
Scored from 5 of 6 sections
Direction
Deterioration
Direction inferred from the company’s description.
Scale
2.9
% (year-on-year decline in revenue)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026 to 30 September 2026Non-consolidated (individual)Japanese GAAP
Net Sales13,025Millions of yenYear on year -2.9%Progress 46.5%
Operating profit1,842Millions of yenYear on year -8.3%
Ordinary income1,871Millions of yenYear on year -7.5%
Net income attributable to owners of the parent1,268Millions of yenYear on year -5.8%

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.

Financial position at period-end
Total assets27,626Millions of yen
of which net assets 21,224 Millions of yen

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

Cash inflows and outflows
Operating+771
Investment-852
Financials-737
Net change-818

Stacked from zero: upward is an increase in cash, downward a decrease (in Millions of yen).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 period10,020 Millions of yen
Outlook and shareholder returns
Full-year earnings forecast
Net Sales28,000 Millions of yen
Operating profitNot disclosed
Ordinary incomeNot disclosed
Net incomeNot disclosed
Revision to Earnings ForecastNo change
Factors Behind Changes in Business Performance

The reactionary decline in sales from large projects and final settlement sales recorded in the year-earlier period, deliveries and acceptance inspections being pushed into the second half, and higher raw material prices resulting from changes in copper material prices and the procurement environment for some components. The impact was partly absorbed by passing higher costs on to selling prices, reducing material usage, lower personnel expenses, labor costs and various other expenses, and the absence in the current period of one-off expenses associated with the anniversary business conducted in the previous fiscal year.

Disclosure regarding the going concern assumption

No matters to report

Material subsequent eventsNot applicable
Breakdown of extraordinary income (loss)Extraordinary income Item Gain on sales of investment securities / Amount 3 Millions of yen / Extraordinary loss Item Loss on disposal of non-current assets / Amount 0 Millions of yen
Depreciation and amortization304 Millions of yen
Orders received and order backlogOrders received 17,295 Millions of yen / Order backlog 32,763 Millions of yen
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedNon-consolidated (individual)
Period Covered1 April 2026 to 30 September 2026
Net Sales13,025 Millions of yen (YoY -2.9%)
Operating profit1,842 Millions of yen (YoY -8.3%)
Ordinary income1,871 Millions of yen (YoY -7.5%)
Profit attributable to owners of the parent1,268 Millions of yen (YoY -5.8%)
Total assets27,626 Millions of yen
Net assets21,224 Millions of yen
Cash flows from operating activities771 Millions of yen
Cash flows from investing activities-852 Millions of yen
Cash flows from financing activities-737 Millions of yen
Cash and cash equivalents at end of period10,020 Millions of yen
Full-year earnings forecastNet Sales 28,000 Millions of yen / Operating profit Not disclosed / Ordinary income Not disclosed / Net income Not disclosed
Revision to Earnings ForecastNo change
Orders received and order backlogOrders received 17,295 Millions of yen / Order backlog 32,763 Millions of yen
Depreciation and amortization304 Millions of yen
Breakdown of extraordinary income (loss)Extraordinary income Item Gain on sales of investment securities / Amount 3 Millions of yen / Extraordinary loss Item Loss on disposal of non-current assets / Amount 0 Millions of yen
Disclosure regarding the going concern assumptionNo matters to report
Material subsequent eventsNot applicable
Factors Behind Changes in Business PerformanceThe reactionary decline in sales from large projects and final settlement sales recorded in the year-earlier period, deliveries and acceptance inspections being pushed into the second half, and higher raw material prices resulting from changes in copper material prices and the procurement environment for some components. The impact was partly absorbed by passing higher costs on to selling prices, reducing material usage, lower personnel expenses, labor costs and various other expenses, and the absence in the current period of one-off expenses associated with the anniversary business conducted in the previous fiscal year.
Items this document does not state (16)
Net income per shareOperating MarginEquity ratioAnnual Dividend ForecastPayout ratioShareholder Return PolicySegment revenueSegment profitRegional salesImpairment lossChange in accounting policyChanges in the scope of consolidationAvailability 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.

The decline in revenue and profit was attributable to the reactionary decline in sales from large redevelopment and factory projects and final settlement sales recorded in the year-earlier period, deliveries and acceptance inspections being pushed into the second half due to customers' requested delivery dates and progress in construction schedules, and higher raw material procurement prices resulting from changes in copper material prices and the procurement environment for some components. The impact was partly absorbed by passing higher costs on to selling prices, reducing material usage, lower personnel expenses, labor costs and various other expenses, and the absence in the current period of one-off expenses associated with the anniversary business conducted in the previous fiscal year.

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Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Non-consolidated) | KAWADEN CORPORATION (6648) timely disclosure | Komori