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Results6666RIVER ELETEC CORPORATIONElectric Appliances & Precision Instruments

Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 (Japanese GAAP) (Consolidated)

For the interim period of the fiscal year ending March 2027, revenue increased 21.1% year on year, while operating income and ordinary income turned from losses into profits. Meanwhile, the interim net loss attributable to owners of the parent remained at ¥14 million, although the loss narrowed significantly.

Worth reading
63In focus
Scored from 3 of 6 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
21.1
%
Wording
Definitive
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAP
Net Sales3,465,938¥ thousandYear on year +21.1%
Operating profit46,146¥ thousand
Ordinary income21,823¥ thousand
Net income attributable to owners of the parent-14,579¥ thousand

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.

Financial position at period-end
Total assets10,998,847¥ thousand
of which net assets 4,695,233 ¥ thousand

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+284,642
Investment-583,204
Financials+2,647
Net change-295,915

Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ thousand).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¥1,964,582 thousand
Factors Behind Changes in Business Performance

Firm demand from the medical and healthcare sectors and for industrial equipment, and growth in sales of small tuning-fork crystal units. Improvement in the product mix from expanding high-margin products and applications, the foreign exchange impact of the weaker yen, company-wide cost reductions, and sales initiatives focused on profitability.

Disclosure regarding the going concern assumption

Not applicable.

Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥900 thousand / Extraordinary loss Loss on disposal of non-current assets ¥0 thousand
Depreciation and amortization¥264,869 thousand
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 September 2026
Net Sales¥3,465,938 thousand (YoY +21.1%)
Operating profit¥46,146 thousand
Ordinary income¥21,823 thousand
Profit attributable to owners of the parent¥-14,579 thousand
Total assets¥10,998,847 thousand
Net assets¥4,695,233 thousand
Cash flows from operating activities¥284,642 thousand
Cash flows from investing activities¥-583,204 thousand
Cash flows from financing activities¥2,647 thousand
Cash and cash equivalents at end of period¥1,964,582 thousand
Depreciation and amortization¥264,869 thousand
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥900 thousand / Extraordinary loss Loss on disposal of non-current assets ¥0 thousand
Disclosure regarding the going concern assumptionNot applicable.
Factors Behind Changes in Business PerformanceFirm demand from the medical and healthcare sectors and for industrial equipment, and growth in sales of small tuning-fork crystal units. Improvement in the product mix from expanding high-margin products and applications, the foreign exchange impact of the weaker yen, company-wide cost reductions, and sales initiatives focused on profitability.
Items this document does not state (20)
Net income per shareOperating MarginEquity ratioFull-year earnings forecastRevision to Earnings ForecastAnnual Dividend ForecastPayout ratioShareholder Return PolicySegment revenueSegment profitRegional salesOrders received and order backlogImpairment lossChange in accounting policyChanges in the scope of consolidationMaterial subsequent eventsAvailability 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.

Demand from the medical and healthcare sectors and for industrial equipment remained firm, while sales of small tuning-fork crystal units grew. On the earnings front, the improvement in the product mix from expanding high-margin products and applications, the foreign exchange impact of the weaker yen, company-wide cost reductions, and sales initiatives focused on profitability all contributed.

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Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 (Japanese GAAP) (Consolidated) | RIVER ELETEC CORPORATION (6666) timely disclosure | Komori