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Earnings6653SEIKO ELECTRIC CO.,LTD.Electric Appliances & Precision Instruments

Summary of Financial Results for the Third Quarter of the Fiscal Year Ending December 2026 [Japanese GAAP] (Consolidated)

For the cumulative third quarter of the fiscal year ending December 2026, net sales increased 17.6% year on year and operating income increased 24.8%, resulting in higher sales and profits. There were no revisions to the full-year earnings or dividend forecasts. The annual dividend forecast is ¥60, representing an increase from the previous fiscal year's actual dividend of ¥50.

Worth reading
49Recurring
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
17.6
% (year-on-year change in revenue)
Wording
Conditional
How definitive the wording is.

Results for this period

Third quarter1 January 2026–30 September 2026ConsolidatedJapanese GAAP
Net Sales24,460¥ millionYear on year +17.6%Progress 67.9%
Operating profit2,240¥ millionYear on year +24.8%Progress 74.7%
Ordinary income2,574¥ millionYear on year +20.4%Progress 71.5%
Net income attributable to owners of the parent1,865¥ millionYear on year +36.1%

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¥137.88
Financial position at period-end
Total assets34,286¥ million
of which net assets 19,402 ¥ millionEquity ratio 56.6%vs. prior year-end +4.5pt

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.

Segment revenuePower ¥6,179 million, Environmental and Energy ¥10,041 million, Information ¥1,362 million, Services ¥5,070 million
Segment profitPower ¥835 million, Environmental and Energy ¥1,044 million, Information ¥-34 million, Services ¥156 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥36,000 million (YoY +14.7%)
Operating profit¥3,000 million (YoY +14.7%)
Ordinary income¥3,600 million (YoY +15.2%)
Profit attributable to owners of the parent¥2,500 million (YoY +22.7%)
Revision to Earnings ForecastNet Sales ¥36,000 million → ¥36,000 million(0.0%) / Operating profit ¥3,000 million → ¥3,000 million(0.0%) / Ordinary income ¥3,600 million → ¥3,600 million(0.0%) / Profit attributable to owners of the parent ¥2,500 million → ¥2,500 million(0.0%)
Annual Dividend Forecast50 yen → 60 yen(+20.0%)
Factors Behind Changes in Business Performance

In the public-sector business of the Environmental Energy segment, sales of monitoring and control systems for water treatment facilities increased, while electrical equipment for data centers and energy storage facilities performed steadily in the Services segment. Profit margins improved in the Environmental Energy segment, and ordinary income increased, partly due to the sale of investment securities.

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 — companies / Excluded — companies / Company name Not disclosed
Depreciation and amortization¥349 million
Orders received and order backlogOrders received ¥34,726 million (YoY +9.7%) / Order backlog Not disclosed
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo (no target participants specified)
Issued Shares at Period-End13,908,595 shares
Treasury Shares at Period-End369,846 treasury shares
Results for this period
ItemDetails
Fiscal Period ClassificationThird quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 January 2026–30 September 2026
Net Sales¥24,460 million (YoY +17.6%)
Operating profit¥2,240 million (YoY +24.8%)
Ordinary income¥2,574 million (YoY +20.4%)
Profit attributable to owners of the parent¥1,865 million (YoY +36.1%)
Net income per share¥137.88
Equity ratioEnd of the current fiscal period 56.6 / End of previous period 52.1
Total assets¥34,286 million
Net assets¥19,402 million
Full-year earnings forecastNet Sales ¥36,000 million (YoY +14.7%) / Operating profit ¥3,000 million (YoY +14.7%) / Ordinary income ¥3,600 million (YoY +15.2%) / Profit attributable to owners of the parent ¥2,500 million (YoY +22.7%)
Revision to Earnings ForecastNet Sales ¥36,000 million → ¥36,000 million(0.0%) / Operating profit ¥3,000 million → ¥3,000 million(0.0%) / Ordinary income ¥3,600 million → ¥3,600 million(0.0%) / Profit attributable to owners of the parent ¥2,500 million → ¥2,500 million(0.0%)
Annual Dividend Forecast50 yen → 60 yen(+20.0%)
Segment revenuePower ¥6,179 million, Environmental and Energy ¥10,041 million, Information ¥1,362 million, Services ¥5,070 million
Segment profitPower ¥835 million, Environmental and Energy ¥1,044 million, Information ¥-34 million, Services ¥156 million
Orders received and order backlogOrders received ¥34,726 million (YoY +9.7%) / Order backlog Not disclosed
Depreciation and amortization¥349 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 — companies / Excluded — companies / Company name Not disclosed
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo (no target participants specified)
Issued Shares at Period-End13,908,595 shares
Treasury Shares at Period-End369,846 treasury shares
Factors Behind Changes in Business PerformanceIn the public-sector business of the Environmental Energy segment, sales of monitoring and control systems for water treatment facilities increased, while electrical equipment for data centers and energy storage facilities performed steadily in the Services segment. Profit margins improved in the Environmental Energy segment, and ordinary income increased, partly due to the sale of investment securities.
Items this document does not state (11)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodPayout ratioShareholder Return PolicyRegional salesImpairment lossBreakdown of extraordinary income (loss)Material 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.

In the public-sector business of the Environmental Energy segment, sales of monitoring and control systems for water treatment facilities increased, while electrical equipment for data centers and energy storage facilities performed steadily in the Services segment. Profit margins improved in the Environmental Energy segment, and ordinary income increased, partly due to the sale of investment securities.

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Summary of Financial Results for the Third Quarter of the Fiscal Year Ending December 2026 [Japanese GAAP] (Consolidated) | SEIKO ELECTRIC CO.,LTD. (6653) timely disclosure | Komori