Komori
Earnings6658Shirai Electronics Industrial Co.,Ltd.Electrical Equipment and Precision Instruments

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

In the fiscal year ended March 2026, revenue was almost unchanged, down 0.7% year on year, while operating profit fell 21.2% and net income attributable to owners of the parent declined 36.9%. For the fiscal year ending March 2027, the company forecasts operating profit of ¥850 million and plans to reduce its full-year dividend forecast from the previous fiscal year's ¥35 to ¥20 per share.

Worth reading
45Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Deterioration
Direction inferred from the company’s description.
Scale
-21.2
% (year-on-year change in operating profit)
Wording
Conditional
How definitive the wording is.

Results for this period

Full year1 April 2025–31 March 2026ConsolidatedJapanese GAAP
Net Sales29,118¥ millionYear on year -0.7%Progress 100.4%
Operating profit2,030¥ millionYear on year -21.2%Progress 238.8%
Ordinary income1,822¥ millionYear on year -29.7%Progress 227.8%
Net income attributable to owners of the parent1,309¥ millionYear on year -36.9%Progress 218.2%

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¥87.47
Operating Margin7.0%
Financial position at period-end
Total assets19,185¥ million
of which net assets 11,109 ¥ millionEquity ratio 57.1%vs. prior year-end +6.1pt

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+1,965
Investment-636
Financials-1,455
Net change-126

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¥802 million
Segment revenuePrinted circuit board business ¥28,549 million (YoY -0.5%), Inspection equipment and solutions business ¥510 million (YoY -9.5%)
Segment profitPrinted circuit board business ¥2,038 million (YoY -21.4%), Inspection equipment and solutions business ¥5 million (YoY -42.2%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥29,000 million (YoY -0.4%)
Operating profit¥850 million (YoY -58.1%)
Ordinary income¥800 million (YoY -56.1%)
Net income¥600 million (YoY -54.2%)
Annual Dividend Forecast¥30 per share → ¥20 per share(-33.3%)
Payout ratio50.0%
Factors Behind Changes in Business Performance

Intensifying competition with overseas manufacturers, sluggish sales growth in the automotive electronics sector, a sharp rise in resource prices, higher raw material and energy costs, and sluggish orders in the inspection equipment and solutions business. Although the company proceeded with price pass-through, it was unable to secure sufficient margins, resulting in lower profit margins.

Disclosure regarding the going concern assumption

Not applicable (no matters to report in the notes on the going concern assumption)

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 consolidationNo significant changes
Material subsequent eventsNo applicable matters.
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥3 million / Extraordinary loss Loss on sale of fixed assets ¥0 million, Loss on Disposal of Fixed Assets ¥88 million, Other ¥1 million
Depreciation and amortization¥893 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (for institutional investors and analysts)
Issued Shares at Period-End15,116,000 Shares
Treasury Shares at Period-End120,145 Shares
Results for this period
ItemDetails
Fiscal Period ClassificationFull year
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2025–31 March 2026
Net Sales¥29,118 million (YoY -0.7%)
Operating profit¥2,030 million (YoY -21.2%)
Ordinary income¥1,822 million (YoY -29.7%)
Profit attributable to owners of the parent¥1,309 million (YoY -36.9%)
Net income per share¥87.47
Operating Margin7.0%
Equity ratioEnd of the current fiscal period 57.1% / End of previous period 51.0%
Total assets¥19,185 million
Net assets¥11,109 million
Cash flows from operating activities¥1,965 million
Cash flows from investing activities¥-636 million
Cash flows from financing activities¥-1,455 million
Cash and cash equivalents at end of period¥802 million
Full-year earnings forecastNet Sales ¥29,000 million (YoY -0.4%) / Operating profit ¥850 million (YoY -58.1%) / Ordinary income ¥800 million (YoY -56.1%) / Net income ¥600 million (YoY -54.2%)
Annual Dividend Forecast¥30 per share → ¥20 per share(-33.3%)
Payout ratio50.0%
Segment revenuePrinted circuit board business ¥28,549 million (YoY -0.5%), Inspection equipment and solutions business ¥510 million (YoY -9.5%)
Segment profitPrinted circuit board business ¥2,038 million (YoY -21.4%), Inspection equipment and solutions business ¥5 million (YoY -42.2%)
Depreciation and amortization¥893 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥3 million / Extraordinary loss Loss on sale of fixed assets ¥0 million, Loss on Disposal of Fixed Assets ¥88 million, Other ¥1 million
Disclosure regarding the going concern assumptionNot applicable (no matters to report in the notes on the going concern assumption)
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 consolidationNo significant changes
Material subsequent eventsNo applicable matters.
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (for institutional investors and analysts)
Issued Shares at Period-End15,116,000 Shares
Treasury Shares at Period-End120,145 Shares
Factors Behind Changes in Business PerformanceIntensifying competition with overseas manufacturers, sluggish sales growth in the automotive electronics sector, a sharp rise in resource prices, higher raw material and energy costs, and sluggish orders in the inspection equipment and solutions business. Although the company proceeded with price pass-through, it was unable to secure sufficient margins, resulting in lower profit margins.
Items this document does not state (5)
Revision to Earnings ForecastShareholder Return PolicyRegional salesOrders received and order backlogImpairment loss

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.

Profit was pressured by intensifying competition with overseas manufacturers, sluggish sales growth in the automotive electronics sector, and higher raw material, energy and resource prices. Although the company proceeded with price pass-through, it was unable to secure sufficient margins, and orders also remained sluggish in the inspection equipment and solutions business.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
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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.
Financial Results for the Fiscal Year Ending March 2026 [Japanese GAAP] (Consolidated) | Shirai Electronics Industrial Co.,Ltd. (6658) timely disclosure | Komori