Results for this period
First quarter1 April 2026–30 June 2026ConsolidatedJapanese GAAPThe 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.
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.
The improvement in operating income was mainly attributable to higher net sales in the Automotive Equipment and Electronic Equipment businesses. The Automotive Equipment business benefited from increased production of vehicles with internal combustion engines, while the Electronic Equipment business benefited from demand for air-conditioning equipment, a recovery in the European PCBA market, expanding domestic demand in India, lower material costs and labor-saving measures.
Not applicable.
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026–30 June 2026 |
| Net Sales | ¥24,967 million (YoY +8.9%) |
| Operating profit | ¥606 million (YoY +58.9%) |
| Ordinary income | ¥311 million (YoY +80.3%) |
| Profit attributable to owners of the parent | ¥204 million |
| Net income per share | ¥17.93 |
| Equity ratio | End of the current fiscal period 17.2 / End of previous period 16.7 |
| Total assets | ¥86,595 million |
| Net assets | ¥15,091 million |
| Full-year earnings forecast | Net Sales ¥99,400 million (YoY +2.7%) / Operating profit ¥1,750 million (YoY -28.0%) / Ordinary income ¥510 million (YoY -75.3%) / Net income ¥10 million (YoY -95.4%) |
| Annual Dividend Forecast | ¥25 → ¥25(0.0%) |
| Segment revenue | Automotive Equipment Business ¥11,062 million (YoY +16.3%), Energy Solutions Business ¥4,759 million (YoY -14.9%), Electronics Business ¥8,886 million (YoY +16.5%), Other ¥258 million (YoY +32.1%) |
| Segment profit | Automotive Equipment Business ¥322 million (YoY -20.0%), Energy Solutions Business ¥259 million (YoY -19.2%), Electronics Business ¥559 million (YoY +109.5%), Other ¥0 million |
| Depreciation and amortization | ¥692 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥1 million, Gain on sale of investment securities ¥143 million, Other ¥0 million / Extraordinary loss Loss on Disposal of Fixed Assets ¥5 million, Other ¥0 million |
| Disclosure regarding the going concern assumption | Not applicable. |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | No (no companies newly consolidated or excluded) |
| Material subsequent events | An earthquake occurred in the Kumamoto region of Kumamoto Prefecture on 28 July 2026. There were no issues regarding the safety of employees, and the supply chain was generally unaffected. The company stated that it would provide support to suppliers and work to restore the supply chain. |
| Supplementary financial results materials | Yes |
| Availability of Financial Results Briefing | No |
| Issued Shares at Period-End | 12,592,901 shares |
| Treasury Shares at Period-End | 743,277 shares |
| Factors Behind Changes in Business Performance | The improvement in operating income was mainly attributable to higher net sales in the Automotive Equipment and Electronic Equipment businesses. The Automotive Equipment business benefited from increased production of vehicles with internal combustion engines, while the Electronic Equipment business benefited from demand for air-conditioning equipment, a recovery in the European PCBA market, expanding domestic demand in India, lower material costs and labor-saving measures. |
Items this document does not state (11)
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.The company explained that the improvement in operating income was mainly attributable to higher net sales in the Automotive Equipment and Electronic Equipment businesses. In the Automotive Equipment business, the company cited increased production of vehicles with internal combustion engines in India, North America and Europe. In the Electronic Equipment business, it cited rush demand for air-conditioning equipment, a recovery in the European PCBA market, expanding domestic demand in India, lower material costs and labor-saving measures. In the Energy Solutions business, delayed acquisition of JC-STAR certification, inventory adjustments for legacy models and higher material costs were cited as factors behind the declines in net sales and income.