Komori
Financial results presentation6707Sanken Electric Co.,Ltd.Electrical Equipment and Precision Instruments

Supplementary Financial Results Materials (Market Environment) for the First Quarter of the Fiscal Year Ending March 2027

In the first quarter of the fiscal year ending March 2027, revenue decreased 16.0% year on year, while operating loss, ordinary loss and net loss all widened. Compared with the previous quarter, however, the operating loss narrowed, and progress was made in new products and sales expansion, including for automotive applications.

Worth reading
85Important
Scored from 3 of 6 sections
Direction
Deterioration
Direction inferred from the company’s description.
Scale
-36
Hundreds of millions of yen
Wording
—
How definitive the wording is.

Contents of this document

Supplementary materials to the earnings reportFirst quarter 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 Sales187 Hundreds of millions of yen-16.0%
Operating profit-21 Hundreds of millions of yen
Ordinary income-18 Hundreds of millions of yen
Net income-19 Hundreds of millions of yen
Results for the three months of the current quarter
Net Sales
187 Hundreds of millions of yen
Operating profit
-21 Hundreds of millions of yen
Ordinary income
-18 Hundreds of millions of yen
Net income
-19 Hundreds of millions of yen
Full-year earnings forecast
Net Sales
865 Hundreds of millions of yen
Operating profit
14 Hundreds of millions of yen
Ordinary income
1 Hundreds of millions of yen
Net income
10 Hundreds of millions of yen
First-half net sales
393 Hundreds of millions of yen
First-half operating profit
-24 Hundreds of millions of yen
First-half ordinary profit
-29 Hundreds of millions of yen
First-half net income
-29 Hundreds of millions of yen
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
  • Decline in revenue, primarily in the white goods market-23 Hundreds of millions of yen
  • Foreign exchange impact (revenue)11 Hundreds of millions of yen
  • Impact of lower revenue and higher material prices-10 Hundreds of millions of yen
  • Foreign exchange impact (operating profit)5.7 Hundreds of millions of yen
  • Impact of production adjustments-8 Hundreds of millions of yen
  • Reduction in the impact of production adjustments (quarter on quarter)9 Hundreds of millions of yen
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
  • Assumed full-year exchange rate¥155 /US$
  • Foreign exchange sensitivity (revenue)¥3 100 million per ¥1 change/year
  • Foreign exchange sensitivity (operating profit)¥1.5 100 million per ¥1 change/year
New initiatives
  • Adoption and net additions of IPMs for electric compressors in new domestic BEV/PHEV models
  • Expanded sales of power modules for EV traction motors to multiple Tier 1 suppliers
  • Second-half shipments of 1,200V high-voltage case modules for general-purpose pumps to major overseas customers
  • Completion of replacement with digital power ICs incorporating 22nm MCUs for Korean OLED TVs
  • Start of implementation design for power modules for chiller cooling pumps in data centers
  • Start of proposals for next-generation IPMs and power ICs incorporating GaN
Key KPIsA metric the company considers important as a management benchmark.
  • CY26 OEM production forecast92 million units
  • Global IPM ranking5 rank
  • Domestic IPM ranking3 rank
  • IPM market share10 %
  • Equity ratio51.7 %
  • D/E ratio0.68 times
Segment results
  • サンケンコア
    Net Sales187 Hundreds of millions of yen
    Year-on-Year Change in Revenue (%)-11
    Operating profit-21 Hundreds of millions of yen
  • Other
Market Size / Share
IPM market share
サンケン電気10 %
Company A26 %
Company B21 %
Company C13 %
Company D12 %
Other18 %
IPM ranking
Global context5 rank
Domestic3 rank
Contents of this document
ItemDetails
Document typeSupplementary materials to the earnings report
Fiscal Period CoveredFirst quarter of the fiscal year ending March 2027
Net Sales187 Hundreds of millions of yen (YoY -16.0%)
Operating profit-21 Hundreds of millions of yen
Ordinary income-18 Hundreds of millions of yen
Net income-19 Hundreds of millions of yen
Results for the three months of the current quarterNet Sales 187 Hundreds of millions of yen / Operating profit -21 Hundreds of millions of yen / Ordinary income -18 Hundreds of millions of yen / Net income -19 Hundreds of millions of yen
Full-year earnings forecastNet Sales 865 Hundreds of millions of yen / Operating profit 14 Hundreds of millions of yen / Ordinary income 1 Hundreds of millions of yen / Net income 10 Hundreds of millions of yen / First-half net sales 393 Hundreds of millions of yen / First-half operating profit -24 Hundreds of millions of yen / First-half ordinary profit -29 Hundreds of millions of yen / First-half net income -29 Hundreds of millions of yen
Segment resultsSegment サンケンコア / Net Sales 187 Hundreds of millions of yen / Year-on-Year Change in Revenue (%) -11 / Operating profit -21 Hundreds of millions of yen / Year-on-year operating profit growth Not disclosed, Segment Other / Net Sales Not disclosed / Operating profit Not disclosed
Breakdown of Factors Affecting the ChangeFactors Decline in revenue, primarily in the white goods market / Amount -23 Hundreds of millions of yen, Factors Foreign exchange impact (revenue) / Amount 11 Hundreds of millions of yen, Factors Impact of lower revenue and higher material prices / Amount -10 Hundreds of millions of yen, Factors Foreign exchange impact (operating profit) / Amount 5.7 Hundreds of millions of yen, Factors Impact of production adjustments / Amount -8 Hundreds of millions of yen, Factors Reduction in the impact of production adjustments (quarter on quarter) / Amount 9 Hundreds of millions of yen
Key KPIsIndicator name CY26 OEM production forecast / Value 92 million units / Year on year against the same period last year Not disclosed, Indicator name Global IPM ranking / Value 5 rank / Year on year against the same period last year Not disclosed, Indicator name Domestic IPM ranking / Value 3 rank / Year on year against the same period last year Not disclosed, Indicator name IPM market share / Value 10 % / Year on year against the same period last year Not disclosed, Indicator name Equity ratio / Value 51.7 % / Year on year against the same period last year Not disclosed, Indicator name D/E ratio / Value 0.68 times / Year on year against the same period last year Not disclosed
Assumptions Underlying the Business OutlookItem Assumed full-year exchange rate / Value ¥155 /US$, Item Foreign exchange sensitivity (revenue) / Value ¥3 100 million per ¥1 change/year, Item Foreign exchange sensitivity (operating profit) / Value ¥1.5 100 million per ¥1 change/year
Market Size / ShareIPM market share サンケン電気 10 % / Company A 26 % / Company B 21 % / Company C 13 % / Company D 12 % / Other 18 % / IPM ranking Global context 5 rank / Domestic 3 rank
New initiativesAdoption and net additions of IPMs for electric compressors in new domestic BEV/PHEV models, Expanded sales of power modules for EV traction motors to multiple Tier 1 suppliers, Second-half shipments of 1,200V high-voltage case modules for general-purpose pumps to major overseas customers, Completion of replacement with digital power ICs incorporating 22nm MCUs for Korean OLED TVs, Start of implementation design for power modules for chiller cooling pumps in data centers, Start of proposals for next-generation IPMs and power ICs incorporating GaN
Items this document does not state (17)
Gross Profit MarginOperating profit marginSelling, general and administrative expensesProgress 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 sharesCapital expendituresOrders received and order backlogKey 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.

Revenue declined, primarily in the white goods market, while operating profit deteriorated due to higher material prices and the impact of production adjustments. Foreign exchange had a positive impact of ¥1.1 billion on revenue and ¥570 million on operating profit, but the effects of lower revenue and higher material prices outweighed these benefits.

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.
Supplementary Financial Results Materials (Market Environment) for the First Quarter of the Fiscal Year Ending March 2027 | Sanken Electric Co.,Ltd. (6707) timely disclosure | Komori