Results for this period
Interim period (second quarter)1 April 2026 to 30 September 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.
Stacked from zero: upward is an increase in cash, downward a decrease (in Millions of yen).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Revenue benefited from increased production of vehicles equipped with internal combustion engines in India, North America and Europe in the automotive equipment business, as well as rush demand for air-conditioning equipment and expanding domestic demand in the Indian market in the electronics business. In the energy solutions business, however, sales declined because delays in obtaining JC-STAR★ certification resulted in the products being excluded from subsidy eligibility, and because of inventory adjustments for older models and other factors. The Company was unable to fully pass higher material costs, the weaker yen and rising memory prices on to selling prices.
No applicable matters
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 September 2026 |
| Net Sales | 50,578 Millions of yen (YoY +8.5%) |
| Operating profit | 1,088 Millions of yen (YoY -21.6%) |
| Ordinary income | 146 Millions of yen (YoY -87.2%) |
| Profit attributable to owners of the parent | -167 Millions of yen |
| Net income per share | -¥14.06 |
| Equity ratio | End of the current fiscal period 17.2 / End of previous period 16.7 |
| Total assets | 85,366 Millions of yen |
| Net assets | 14,855 Millions of yen |
| Cash flows from operating activities | 546 Millions of yen |
| Cash flows from investing activities | -609 Millions of yen |
| Cash flows from financing activities | 823 Millions of yen |
| Cash and cash equivalents at end of period | 7,115 Millions of yen |
| Full-year earnings forecast | Net Sales 99,400 Millions of yen (YoY +2.7%) / Operating profit 1,750 Millions of yen (YoY -28.0%) / Ordinary income 510 Millions of yen (YoY -75.3%) / Net income 10 Millions of yen (YoY -95.4%) |
| Revision to Earnings Forecast | No |
| Annual Dividend Forecast | ¥25 /share → ¥25 /share（0.0%） |
| Shareholder Return Policy | The basic policy is to provide stable and continuous returns to shareholders, but no numerical targets have been disclosed for the payout ratio, DOE or other metrics. |
| Segment revenue | Automotive equipment business 22,765 Millions of yen (YoY +18.1%), Energy solutions business 9,328 Millions of yen (YoY -22.2%), Electronics business 17,941 Millions of yen (YoY +21.0%), Other 542 Millions of yen (YoY +2.7%) |
| Segment profit | Automotive equipment business 948 Millions of yen (YoY +67.3%), Energy solutions business 243 Millions of yen (YoY -81.5%), Electronics business 1,003 Millions of yen (YoY +59.8%), Other 36 Millions of yen |
| Depreciation and amortization | 1,392 Millions of yen |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets 3 Millions of yen, Gain on Sale of Investment Securities 143 Millions of yen, Other 0 Millions of yen / Extraordinary loss Loss on sale of property, plant and equipment 0 Millions of yen, Loss on Retirement of Fixed Assets 6 Millions of yen, Provision for product warranty claims 27 Millions of yen, Other 0 Millions of yen |
| Disclosure regarding the going concern assumption | No applicable matters |
| 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 | New 0 companies / Excluded 0 companies / Company name Not applicable |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Held ( 대상者: Not disclosed) |
| Issued Shares at Period-End | 13,506,001 |
| Treasury Shares at Period-End | 743,214 |
| Factors Behind Changes in Business Performance | Revenue benefited from increased production of vehicles equipped with internal combustion engines in India, North America and Europe in the automotive equipment business, as well as rush demand for air-conditioning equipment and expanding domestic demand in the Indian market in the electronics business. In the energy solutions business, however, sales declined because delays in obtaining JC-STAR★ certification resulted in the products being excluded from subsidy eligibility, and because of inventory adjustments for older models and other factors. The Company was unable to fully pass higher material costs, the weaker yen and rising memory prices on to selling prices. |
Items this document does not state (6)
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 energy solutions business, sales declined because delays in obtaining the new JC-STAR★ cybersecurity certification resulted in the products being excluded from subsidy eligibility, weighing on operating profit. The Company was also unable to fully pass higher material costs, the weaker yen and rising memory prices on to selling prices.