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

Summary of Consolidated Financial Results for the First Quarter of the Fiscal Year Ending March 2027 [Japanese GAAP]

In the first quarter, net sales increased 1.9% year on year, while operating profit declined 31.6%. Profit attributable to owners of the parent turned from a ¥341 million profit to a ¥16 million loss. The full-year dividend forecast was also reduced to ¥20 from the previous fiscal year's actual dividend of ¥35.

Worth reading
57In focus
Scored from 5 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
-31.6
% (year-on-year change in operating income)
Wording
Conditional
How definitive the wording is.

Results for this period

First quarter1 April 2026–30 June 2026ConsolidatedJapanese GAAP
Net Sales7,039¥ millionYear on year +1.9%Progress 24.3%
Operating profit379¥ millionYear on year -31.6%Progress 44.6%
Ordinary income271¥ millionYear on year -45.6%Progress 33.9%
Net income attributable to owners of the parent-16¥ million

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△¥1.08
Financial position at period-end
Total assets20,007¥ million
of which net assets 10,954 ¥ millionEquity ratio 54.0%vs. prior year-end -3.1pt

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.

Segment revenuePrinted circuit board business ¥6,860 million (YoY +1.3%), Inspection equipment and solutions business ¥156 million (YoY +3.6%)
Segment profitPrinted circuit board business ¥365 million (YoY -34.4%), Inspection equipment and solutions business ¥10 million (YoY -37.8%)
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¥35 → ¥20
Factors Behind Changes in Business Performance

Orders remained firm in the core automotive electronics field, but sharp increases in raw material prices and procurement prices from OEM suppliers put pressure on profit. In the inspection equipment and solutions business, new orders remained firm, supported by the effects of exhibiting at trade shows and other activities, but procurement costs and development expenses increased. The quarterly net loss attributable to owners of the parent resulted from the recognition of ¥128 million in consumption taxes and other taxes relating to prior fiscal years.

Disclosure regarding the going concern assumption

Not applicable.

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
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥0 million / Extraordinary loss Loss on Disposal of Fixed Assets ¥1 million, Consumption taxes and other taxes relating to prior fiscal years ¥128 million
Depreciation and amortization¥228 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End15,116,000 Shares
Treasury Shares at Period-End120,145 Shares
Results for this period
ItemDetails
Fiscal Period ClassificationFirst quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026–30 June 2026
Net Sales¥7,039 million (YoY +1.9%)
Operating profit¥379 million (YoY -31.6%)
Ordinary income¥271 million (YoY -45.6%)
Profit attributable to owners of the parent¥-16 million
Net income per share△¥1.08
Equity ratioEnd of the current fiscal period 54 / End of previous period 57.1
Total assets¥20,007 million
Net assets¥10,954 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¥35 → ¥20
Segment revenuePrinted circuit board business ¥6,860 million (YoY +1.3%), Inspection equipment and solutions business ¥156 million (YoY +3.6%)
Segment profitPrinted circuit board business ¥365 million (YoY -34.4%), Inspection equipment and solutions business ¥10 million (YoY -37.8%)
Depreciation and amortization¥228 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥0 million / Extraordinary loss Loss on Disposal of Fixed Assets ¥1 million, Consumption taxes and other taxes relating to prior fiscal years ¥128 million
Disclosure regarding the going concern assumptionNot applicable.
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End15,116,000 Shares
Treasury Shares at Period-End120,145 Shares
Factors Behind Changes in Business PerformanceOrders remained firm in the core automotive electronics field, but sharp increases in raw material prices and procurement prices from OEM suppliers put pressure on profit. In the inspection equipment and solutions business, new orders remained firm, supported by the effects of exhibiting at trade shows and other activities, but procurement costs and development expenses increased. The quarterly net loss attributable to owners of the parent resulted from the recognition of ¥128 million in consumption taxes and other taxes relating to prior fiscal years.
Items this document does not state (13)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodRevision to Earnings ForecastPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogImpairment lossChanges in the scope of consolidationMaterial 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.

Sharp increases in raw material prices and procurement prices from OEM suppliers, along with constraints on raw material supplies, put pressure on profit. The quarterly net loss attributable to owners of the parent resulted from an unplanned ¥128 million expense for consumption taxes and other taxes relating to prior fiscal years.

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.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Summary of Consolidated Financial Results for the First Quarter of the Fiscal Year Ending March 2027 [Japanese GAAP] | Shirai Electronics Industrial Co.,Ltd. (6658) timely disclosure | Komori