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Earnings presentation6699DIAMOND ELECTRIC HOLDINGS Co.,Ltd.Electric Appliances & Precision Instruments

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

Compared with the same period of the previous year, revenue increased by ¥3,950 million, while operating profit decreased by ¥300 million, ordinary profit fell to nearly zero, and net profit was negative. The Automotive Equipment and Electronic Equipment businesses reported higher revenue and profit, but lower revenue and profit in the Energy Solutions business pushed down overall profit.

Worth reading
56In focus
Scored from 5 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
300
¥ million (year-on-year decrease in operating profit)
Wording
Definitive
How definitive the wording is.

Contents of this document

Earnings presentationSecond quarter (interim period) of the fiscal year ending March 20276 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales50,578 Millions of yen+8.0%
Operating profit1,088 Millions of yen-21.0%
Ordinary income146 Millions of yen-87.0%
Net income-167 Millions of yen
Operating profit margin2.2
Results for the three months of the current quarter
Segment revenue
Automotive Equipment11,062
Energy Solutions4,569
Electronic Equipment9,055
Other Businesses284
Segment profit
Automotive Equipment444
Energy Solutions-16
Electronic Equipment559
Other Businesses36
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
  • Increase in revenue605 Millions of yen
  • Deterioration in material cost ratio-243 Millions of yen
  • Foreign exchange impact58 Millions of yen
  • Other-720 Millions of yen
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
  • Exchange rate (USD)159.49 Yen
New initiatives
  • Launch of the new model (Ebisu Eight)
  • Actions to obtain certification under the new cybersecurity standard (JC-STAR★)
Key KPIsA metric the company considers important as a management benchmark.
  • ROE-1.2 %
    Year on year against the same period last year-4.9%
  • Equity ratio17.2 %
    Year on year against the same period last year+0.5%
Segment results
  • Automotive Equipment
    Net Sales22,765
    Revenue unitMillions of yen
    Revenue YoY (%)18
    Operating profit948
    Operating profit unitMillions of yen
    Operating Profit YoY (%)67
  • Energy Solutions
    Net Sales9,328
    Revenue unitMillions of yen
    Revenue YoY (%)-22
    Operating profit243
    Operating profit unitMillions of yen
    Operating Profit YoY (%)-81
  • Electronic Equipment
    Net Sales17,941
    Revenue unitMillions of yen
    Revenue YoY (%)21
    Operating profit1,003
    Operating profit unitMillions of yen
    Operating Profit YoY (%)59
  • Other Businesses
    Net Sales542
    Revenue unitMillions of yen
    Revenue YoY (%)2
    Operating profit36
    Operating profit unitMillions of yen
Capital expenditures
1,420 Millions of yen
Contents of this document
ItemDetails
Document typeEarnings presentation
Fiscal Period CoveredSecond quarter (interim period) of the fiscal year ending March 2027
Net Sales50,578 Millions of yen (YoY +8.0%)
Operating profit1,088 Millions of yen (YoY -21.0%)
Ordinary income146 Millions of yen (YoY -87.0%)
Net income-167 Millions of yen
Operating profit margin2.2
Results for the three months of the current quarterSegment revenue Automotive Equipment 11,062 / Energy Solutions 4,569 / Electronic Equipment 9,055 / Other Businesses 284 / Segment profit Automotive Equipment 444 / Energy Solutions -16 / Electronic Equipment 559 / Other Businesses 36
Segment resultsSegment Automotive Equipment / Net Sales 22,765 / Revenue unit Millions of yen / Revenue YoY (%) 18 / Operating profit 948 / Operating profit unit Millions of yen / Operating Profit YoY (%) 67, Segment Energy Solutions / Net Sales 9,328 / Revenue unit Millions of yen / Revenue YoY (%) -22 / Operating profit 243 / Operating profit unit Millions of yen / Operating Profit YoY (%) -81, Segment Electronic Equipment / Net Sales 17,941 / Revenue unit Millions of yen / Revenue YoY (%) 21 / Operating profit 1,003 / Operating profit unit Millions of yen / Operating Profit YoY (%) 59, Segment Other Businesses / Net Sales 542 / Revenue unit Millions of yen / Revenue YoY (%) 2 / Operating profit 36 / Operating profit unit Millions of yen / Operating Profit YoY (%) Not disclosed
Breakdown of Factors Affecting the ChangeFactors Increase in revenue / Amount 605 Millions of yen, Factors Deterioration in material cost ratio / Amount -243 Millions of yen, Factors Foreign exchange impact / Amount 58 Millions of yen, Factors Other / Amount -720 Millions of yen
Key KPIsIndicator name ROE / Value -1.2 % / Year on year against the same period last year -4.9 %, Indicator name Equity ratio / Value 17.2 % / Year on year against the same period last year 0.5 %
Assumptions Underlying the Business OutlookItem Exchange rate (USD) / Value 159.49 Yen
Capital expenditures1,420 Millions of yen
New initiativesLaunch of the new model (Ebisu Eight), Actions to obtain certification under the new cybersecurity standard (JC-STAR★)
Items this document does not state (17)
Gross Profit MarginSelling, general and administrative expensesFull-year earnings forecastProgress against full-year forecastSelf-assessment against the planUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsAnnual DividendPayout ratioAcquisition of treasury sharesOrders received and order backlogMarket Size / ShareKey points of the Q&A

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 Automotive Equipment business reported higher revenue and profit, driven by increased production of vehicles equipped with internal combustion engines in India, North America and Europe, foreign exchange effects, and recovery of costs incurred in responding to rare-earth export controls. The Electronic Equipment business reported higher revenue and profit due to rush demand for air-conditioning equipment ahead of revisions to domestic energy-saving standards. The Energy Solutions business reported lower revenue and profit due to delays in obtaining the new cybersecurity standard (JC-STAR★), the weaker yen, soaring memory semiconductor prices, and campaigns for old models.

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.
Financial Results Presentation for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 | DIAMOND ELECTRIC HOLDINGS Co.,Ltd. (6699) timely disclosure | Komori