Komori
Earnings6652IDEC CORPORATIONElectrical Equipment and Precision Instruments

Financial Results for the Fiscal Year Ending March 2026 [Japanese GAAP] (Consolidated)

For the fiscal year ended March 2026, revenue increased 8.3% and operating profit increased 67.5%, resulting in a substantial increase in profit due mainly to the impact of higher revenue. For the fiscal year ending March 2027, the company expects higher revenue and profit, including revenue of ¥75.5 billion and operating profit of ¥7.2 billion.

Worth reading
52Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
67.5
% (year-on-year change in operating income)
Wording
Conditional
How definitive the wording is.

Results for this period

Full year1 April 2025–31 March 2026ConsolidatedJapanese GAAP
Net Sales72,967¥ millionYear on year +8.3%Progress 96.6%
Operating profit6,118¥ millionYear on year +67.5%Progress 85.0%
Ordinary income6,569¥ millionYear on year +88.9%Progress 97.3%
Net income attributable to owners of the parent3,873¥ millionYear on year +117.7%Progress 64.6%

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¥131.22
Operating Margin8.4
Financial position at period-end
Total assets113,572¥ million
of which net assets 69,920 ¥ millionEquity ratio 61.0%vs. prior year-end +2.1pt

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+7,442
Investment-5,296
Financials-3,690
Net change-1,544

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.

Cash and cash equivalents at end of period¥18,142 million
Segment revenueJapan ¥26,986 million (YoY +0.5%), Americas ¥15,738 million (YoY +11.2%), EMEA ¥15,952 million (YoY +7.1%), Asia-Pacific ¥14,289 million (YoY +24.4%)
Segment profitJapan ¥1,940 million (YoY +64.0%), Americas ¥954 million (YoY -16.1%), EMEA ¥-247 million, Asia-Pacific ¥2,750 million (YoY +151.0%)
Regional sales¥24,500 million, ¥15,944 million, ¥15,657 million, ¥16,865 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥75,500 million (YoY +3.5%)
Operating profit¥7,200 million (YoY +17.7%)
Ordinary income¥6,750 million (YoY +2.7%)
Net income¥6,000 million (YoY +54.9%)
Annual Dividend Forecast¥130 per share → ¥130 per share(0.0%)
Payout ratio99.1
Factors Behind Changes in Business Performance

Revenue in Japan increased due to the reduction of distributor inventories, recovery in demand from major industries, and strong order intake. Overseas revenue increased due to expanding demand in China's automotive and semiconductor industries and elsewhere, normalization of distributor inventories, and the pass-through of additional U.S. tariffs into selling prices. Operating profit increased due to the impact of higher revenue, while ordinary profit increased due in part to the recognition of foreign exchange gains.

Disclosure regarding the going concern assumption

No applicable matters.

Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Changes in the scope of consolidationNew 0 companies / Excluded 1 company (APEM, Inc.)
Material subsequent eventsThe land and buildings of the former office site in California, U.S., will be transferred on 11 May 2026. The company expects to recognize a gain on sale of non-current assets of approximately ¥3.9 billion, net of related expenses, as extraordinary income in the fiscal year ending March 2027.
Impairment lossNo applicable matters.
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥29 million, Gain on reversal of subscription rights to shares ¥133 million / Extraordinary loss Loss on sale of fixed assets ¥5 million, Loss on disposal of fixed assets ¥3 million, Settlement Payments ¥301 million
Depreciation and amortization¥3,997 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for analysts)
Issued Shares at Period-End31,374,485
Treasury Shares at Period-End1,826,512
Results for this period
ItemDetails
Fiscal Period ClassificationFull year
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2025–31 March 2026
Net Sales¥72,967 million (YoY +8.3%)
Operating profit¥6,118 million (YoY +67.5%)
Ordinary income¥6,569 million (YoY +88.9%)
Profit attributable to owners of the parent¥3,873 million (YoY +117.7%)
Net income per share¥131.22
Operating Margin8.4
Equity ratioEnd of the current fiscal period 61 / End of previous period 58.9
Total assets¥113,572 million
Net assets¥69,920 million
Cash flows from operating activities¥7,442 million
Cash flows from investing activities¥-5,296 million
Cash flows from financing activities¥-3,690 million
Cash and cash equivalents at end of period¥18,142 million
Full-year earnings forecastNet Sales ¥75,500 million (YoY +3.5%) / Operating profit ¥7,200 million (YoY +17.7%) / Ordinary income ¥6,750 million (YoY +2.7%) / Net income ¥6,000 million (YoY +54.9%)
Annual Dividend Forecast¥130 per share → ¥130 per share(0.0%)
Payout ratio99.1
Segment revenueJapan ¥26,986 million (YoY +0.5%), Americas ¥15,738 million (YoY +11.2%), EMEA ¥15,952 million (YoY +7.1%), Asia-Pacific ¥14,289 million (YoY +24.4%)
Segment profitJapan ¥1,940 million (YoY +64.0%), Americas ¥954 million (YoY -16.1%), EMEA ¥-247 million, Asia-Pacific ¥2,750 million (YoY +151.0%)
Regional sales¥24,500 million, ¥15,944 million, ¥15,657 million, ¥16,865 million
Depreciation and amortization¥3,997 million
Impairment lossNo applicable matters.
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥29 million, Gain on reversal of subscription rights to shares ¥133 million / Extraordinary loss Loss on sale of fixed assets ¥5 million, Loss on disposal of fixed assets ¥3 million, Settlement Payments ¥301 million
Disclosure regarding the going concern assumptionNo applicable matters.
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No
Changes in the scope of consolidationNew 0 companies / Excluded 1 company (APEM, Inc.)
Material subsequent eventsThe land and buildings of the former office site in California, U.S., will be transferred on 11 May 2026. The company expects to recognize a gain on sale of non-current assets of approximately ¥3.9 billion, net of related expenses, as extraordinary income in the fiscal year ending March 2027.
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for analysts)
Issued Shares at Period-End31,374,485
Treasury Shares at Period-End1,826,512
Factors Behind Changes in Business PerformanceRevenue in Japan increased due to the reduction of distributor inventories, recovery in demand from major industries, and strong order intake. Overseas revenue increased due to expanding demand in China's automotive and semiconductor industries and elsewhere, normalization of distributor inventories, and the pass-through of additional U.S. tariffs into selling prices. Operating profit increased due to the impact of higher revenue, while ordinary profit increased due in part to the recognition of foreign exchange gains.
Items this document does not state (3)
Revision to Earnings ForecastShareholder Return PolicyOrders received and order backlog

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 Japan, results benefited from the reduction of distributor inventories, recovery in demand from major industries, and strong order intake. Overseas revenue increased due to expanding demand in China's automotive and semiconductor industries and elsewhere, normalization of distributor inventories, and the pass-through of additional U.S. tariffs into selling prices. Operating profit increased due to the impact of higher revenue, while ordinary profit increased due in part to the recognition of foreign exchange gains.

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Financial Results for the Fiscal Year Ending March 2026 [Japanese GAAP] (Consolidated) | IDEC CORPORATION (6652) timely disclosure | Komori