Consolidated Financial Results Presentation for the Fiscal Year Ending March 2026 | EIZO Corporation (6737) timely disclosure

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Scored from 4 of 6 sections

Direction

Mixed performance

Direction inferred from the company’s description.

Scale

13.4

¥ hundred million

Wording

Conditional

How definitive the wording is.

Contents of this document

Earnings presentationFiscal year ending March 202611 items taken from the company’s own explanation

Financial Results Figures (The key points of this material are explained below)

Net Sales¥81,308 million+1.0%

Operating profit¥2,365 million-36.2%

Ordinary income¥3,772 million-17.2%

Net income¥7,323 million+76.5%

Gross Profit Margin31.9 %

Operating profit margin2.9 %

Selling, general and administrative expenses¥23,535 million

Results for the three months of the current quarterQuarterly standalone trends in revenue and SG&A expenses by market are presented. Revenue by market in 25Q4 was ¥4.26 billion for B&P, ¥11.21 billion for Healthcare, ¥1.28 billion for Creative Work, ¥3.52 billion for V&S, ¥520 million for Amusement, and ¥1.69 billion for Other. SG&A expenses in 25Q4 were ¥5.75 billion.

Full-year earnings forecast

Net Sales

¥85,000 million

Gross profit

¥27,700 million

Gross Profit Margin

32.6 %

Selling, general and administrative expenses

¥24,400 million

Operating profit

¥3,300 million

Operating profit margin

3.9 %

Ordinary income

¥4,600 million

Net income

¥6,500 million

What the company explained in this material

Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.

Net Sales

B&P¥-1,459 million
Healthcare¥2,461 million
Creative Work¥-181 million
V&S¥-56 million
Amusement¥-643 million
Other¥694 million

Operating profit

Foreign Exchange Effects¥1,011 million
Impact of lower revenue (excluding foreign exchange impact)¥-299 million
Impact of gross profit margin (excluding foreign exchange impact)¥-1,011 million
Increase in selling, general and administrative expenses¥-1,042 million

Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.

Average annual USD exchange rate¥160
Average annual EUR exchange rate¥175

New initiatives

Development of an onboard camera system, image-processing technology, and a navigation log and video database for an autonomous vessel project
The CuratOR EX3245H 4K surgical monitor featuring Mini LED is scheduled for launch in November 2026
Proof-of-concept demonstration of remote operation of construction machinery using 3D video with Obayashi Corporation
Formal adoption of the Talon RGD2802 monitor for the U.S. Navy's next-generation shipboard ATC system
Share buybacks and reduction of cross-shareholdings
Introduction of a director compensation system using ROE as a KPI

Key KPIsA metric the company considers important as a management benchmark.

ROA2.3 %
ROE5.6 %
Total payout ratio (FY25)109.5 %
Total payout ratio (FY26 plan)129.5 %
R&D expense ratio (FY25)8.4 %

Segment results

B&P
Net Sales¥14,325 million
Year-on-year (%)-9.2
Healthcare
Net Sales¥36,578 million
Year-on-year (%)7.2
Creative Work
Net Sales¥5,342 million
Year-on-year (%)-3.3
V&S
Net Sales¥12,552 million
Year-on-year (%)-0.4
Amusement
Net Sales¥5,414 million
Year-on-year (%)-10.6
Other
Net Sales¥7,094 million

Medium-term management plan targets

The next Ninth Medium-Term Management Plan is scheduled to be announced in 2026. A roadmap for improving return on capital is also scheduled to be presented. Specific target figures: not disclosed.

Financial targets

ROA of 2.3% and ROE of 5.6% are presented. Target figures: not disclosed.

Capital expenditures

¥46.6 hundred million

Annual Dividend

FY25 forecast¥110 per share

FY26 forecast¥115 per share

Interim and Year-End BreakdownFY26 forecast: ¥57.5 interim dividend and ¥57.5 year-end dividend

Payout ratio

FY25 forecast60.9 %

FY26 forecast68.6 %

Total payout ratio

25F109.5 %

FY26 forecast129.5 %

Acquisition of treasury shares

Maximum acquisition amount40 Shares

Amount unit¥ hundred million

Maximum number of shares to be acquired1,500,000 Shares

Acquisition period25 May 2026–30 April 2027

Contents of this document
Item	Details
Document type	Earnings presentation
Fiscal Period Covered	Fiscal year ending March 2026
Net Sales	¥81,308 million (YoY +1.0%)
Operating profit	¥2,365 million (YoY -36.2%)
Ordinary income	¥3,772 million (YoY -17.2%)
Net income	¥7,323 million (YoY +76.5%)
Gross Profit Margin	31.9 %
Operating profit margin	2.9 %
Selling, general and administrative expenses	¥23,535 million
Results for the three months of the current quarter	Quarterly standalone trends in revenue and SG&A expenses by market are presented. Revenue by market in 25Q4 was ¥4.26 billion for B&P, ¥11.21 billion for Healthcare, ¥1.28 billion for Creative Work, ¥3.52 billion for V&S, ¥520 million for Amusement, and ¥1.69 billion for Other. SG&A expenses in 25Q4 were ¥5.75 billion.
Full-year earnings forecast	Net Sales ¥85,000 million / Gross profit ¥27,700 million / Gross Profit Margin 32.6 % / Selling, general and administrative expenses ¥24,400 million / Operating profit ¥3,300 million / Operating profit margin 3.9 % / Ordinary income ¥4,600 million / Net income ¥6,500 million
Segment results	Segment B&P / Net Sales ¥14,325 million / Year-on-year (%) -9.2, Segment Healthcare / Net Sales ¥36,578 million / Year-on-year (%) 7.2, Segment Creative Work / Net Sales ¥5,342 million / Year-on-year (%) -3.3, Segment V&S / Net Sales ¥12,552 million / Year-on-year (%) -0.4, Segment Amusement / Net Sales ¥5,414 million / Year-on-year (%) -10.6, Segment Other / Net Sales ¥7,094 million / Year on year against the same period last year Not disclosed
Breakdown of Factors Affecting the Change	Net Sales Factors B&P / Amount ¥-1,459 million, Factors Healthcare / Amount ¥2,461 million, Factors Creative Work / Amount ¥-181 million, Factors V&S / Amount ¥-56 million, Factors Amusement / Amount ¥-643 million, Factors Other / Amount ¥694 million / Operating profit Factors Foreign Exchange Effects / Amount ¥1,011 million, Factors Impact of lower revenue (excluding foreign exchange impact) / Amount ¥-299 million, Factors Impact of gross profit margin (excluding foreign exchange impact) / Amount ¥-1,011 million, Factors Increase in selling, general and administrative expenses / Amount ¥-1,042 million
Key KPIs	Indicator name ROA / Value 2.3 %, Indicator name ROE / Value 5.6 %, Indicator name Total payout ratio (FY25) / Value 109.5 %, Indicator name Total payout ratio (FY26 plan) / Value 129.5 %, Indicator name R&D expense ratio (FY25) / Value 8.4 %
Assumptions Underlying the Business Outlook	Item Average annual USD exchange rate / Value ¥160, Item Average annual EUR exchange rate / Value ¥175
Medium-term management plan targets	The next Ninth Medium-Term Management Plan is scheduled to be announced in 2026. A roadmap for improving return on capital is also scheduled to be presented. Specific target figures: not disclosed.
Financial targets	ROA of 2.3% and ROE of 5.6% are presented. Target figures: not disclosed.
Annual Dividend	FY25 forecast ¥110 per share / FY26 forecast ¥115 per share / Interim and Year-End Breakdown FY26 forecast: ¥57.5 interim dividend and ¥57.5 year-end dividend
Payout ratio	FY25 forecast 60.9 % / FY26 forecast 68.6 % / Total payout ratio 25F 109.5 % / FY26 forecast 129.5 %
Acquisition of treasury shares	Maximum acquisition amount 40 Shares / Amount unit ¥ hundred million / Maximum number of shares to be acquired 1,500,000 Shares / Acquisition period 25 May 2026–30 April 2027
Capital expenditures	¥46.6 hundred million
New initiatives	Development of an onboard camera system, image-processing technology, and a navigation log and video database for an autonomous vessel project, The CuratOR EX3245H 4K surgical monitor featuring Mini LED is scheduled for launch in November 2026, Proof-of-concept demonstration of remote operation of construction machinery using 3D video with Obayashi Corporation, Formal adoption of the Talon RGD2802 monitor for the U.S. Navy's next-generation shipboard ATC system, Share buybacks and reduction of cross-shareholdings, Introduction of a director compensation system using ROE as a KPI

Items this document does not state (9)

Progress against full-year forecastSelf-assessment against the planUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookOrders 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.

Operating profit was affected by inventory write-downs of approximately ¥400 million, including on legacy products for the B&P market, lower sales due to the stagnation of the European economy, wage increases, costs related to the new technology building, and higher SG&A expenses from expanded sales activities in India and the Middle East. The main factor behind the increase in net income was the rise in gains on the sale of investment securities from ¥1.10 billion in the previous fiscal year to ¥7.99 billion.

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