Presentation Materials on Consolidated Financial Results for the Second Quarter of the Fiscal Year Ending March 2027 | EIZO Corporation (6737) timely disclosure

Worth reading

67In focus

0–100. This measures how worthwhile something is to read, not how good or bad the company is.

Direction

Improvement

Direction inferred from the company’s description.

Scale

28.2

¥100 million (year-on-year increase in net sales)

Wording

Conditional

How definitive the wording is.

Contents of this document

Presentation materials for financial resultsSecond quarter of the fiscal year ending March 202712 items taken from the company’s own explanation

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

Net Sales¥406.9 100 million+7.5%

Operating profit¥18.1 100 million+175.1%

Ordinary income¥24.51 100 million+64.3%

Net income¥49.38 100 million+430.7%

Gross Profit Margin34.3%

Operating profit margin4.5%

Selling, general and administrative expenses¥121.2 100 million

Results for the three months of the current quarterFor 26Q2, three-month standalone trends are shown for sales by market, sales by region and SG&A expenses. Three-month standalone figures in the consolidated income statement: Not disclosed

Full-year earnings forecast

Net Sales

¥85,000 million

Gross profit

¥27,700 million

Selling, general and administrative expenses

¥24,400 million

Operating profit

¥3,300 million

Ordinary income

¥4,600 million

Profit attributable to owners of the parent

¥6,500 million

What the company explained in this material

Self-assessment against the planThe company's self-assessment against its own plan.

Current performance is progressing smoothly, ahead of plan

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

Net Sales

B&P+¥1,022 million

Healthcare+¥1,020 million

Creative Work-¥277 million

V&S+¥2,195 million

Amusement-¥359 million

Other-¥778 million

Operating profit

Foreign Exchange Effects+¥329 million

Impact of higher revenue+¥218 million

Gross Margin Impact+¥528 million

Reduction in Selling, General and Administrative Expenses+¥81 million

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

USD Annual Average Exchange Rate¥160.00

EUR Annual Average Exchange Rate¥175.00

Operating Profit FX SensitivityA ¥1 depreciation against the US dollar: -¥80 million; a ¥1 depreciation against the euro: +¥100 million

New initiatives

Launch of the ColorEdge CG3200X color-management OLED monitor
Strengthen competitiveness in the Creative Work market by introducing new OLED monitor products from the second half of the fiscal year
First selection for the FTSE JPX Blossom Japan Index

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

B&P sales¥71.9 100 million
Year on year against the same period last year116.6%
Healthcare revenue¥171.5 100 million
Year on year against the same period last year106.3%
Creative Work sales¥21.5 100 million
Year on year against the same period last year88.6%
V&S sales¥75.7 100 million
Year on year against the same period last year140.8%
Amusement sales¥37.6 100 million
Year on year against the same period last year91.3%
Sales in China113.2% YoY
North America Sales121.3% YoY
Europe Sales106.0% YoY
Sales in Japan112.7% YoY

Segment results

B&P

Net Sales¥71.9 100 million

Year on year against the same period last year+16.6%

Healthcare

Net Sales¥171.5 100 million

Year on year against the same period last year+6.3%

Creative Work

Net Sales¥21.5 100 million

Year on year against the same period last year-11.4%

V&S

Net Sales¥75.7 100 million

Year on year against the same period last year+40.8%

Amusement

Net Sales¥37.6 100 million

Year on year against the same period last year-8.7%

Other

Net Sales¥28.5 100 million

Year on year against the same period last year-22.2%

Medium-term management plan targets

Ninth Medium-Term Management PlanOver the three years from the fiscal year ending March 2027 through the fiscal year ending March 2029, evolve into an imaging solutions company and reform the earnings structure

Annual DividendPlans to maintain the ¥115 dividend

Total payout ratio target70%+ of consolidated net income

Financial targets

ROA of 2.3% and ROE of 5.6% are stated. Target values: Not disclosed

Capital expenditures

¥7.9 100 million

Annual Dividend

Annual Dividend¥115 /share

Interim Dividend¥57.5 per share

Year-end dividend¥57.5 per share

Payout ratio

Payout ratio65.1%

Total payout ratio target70%+ of consolidated net income

Acquisition of treasury shares

Acquisition amount¥170 100 million planned

Contents of this document
Item	Details
Document type	Presentation materials for financial results
Fiscal Period Covered	Second quarter of the fiscal year ending March 2027
Net Sales	¥406.9 100 million (YoY +7.5%)
Operating profit	¥18.1 100 million (YoY +175.1%)
Ordinary income	¥24.51 100 million (YoY +64.3%)
Net income	¥49.38 100 million (YoY +430.7%)
Gross Profit Margin	34.3%
Operating profit margin	4.5%
Selling, general and administrative expenses	¥121.2 100 million
Results for the three months of the current quarter	For 26Q2, three-month standalone trends are shown for sales by market, sales by region and SG&A expenses. Three-month standalone figures in the consolidated income statement: Not disclosed
Full-year earnings forecast	Net Sales ¥85,000 million / Gross profit ¥27,700 million / Selling, general and administrative expenses ¥24,400 million / Operating profit ¥3,300 million / Ordinary income ¥4,600 million / Profit attributable to owners of the parent ¥6,500 million
Self-assessment against the plan	Current performance is progressing smoothly, ahead of plan
Segment results	B&P Net Sales ¥71.9 100 million / yoy_pct ¥16.6 100 million / Healthcare Net Sales ¥171.5 100 million / yoy_pct ¥6.3 100 million / Creative Work Net Sales ¥21.5 100 million / yoy_pct ¥-11.4 100 million / V&S Net Sales ¥75.7 100 million / yoy_pct ¥40.8 100 million / Amusement Net Sales ¥37.6 100 million / yoy_pct ¥-8.7 100 million / Other Net Sales ¥28.5 100 million / yoy_pct ¥-22.2 100 million / Segment profit Not disclosed
Breakdown of Factors Affecting the Change	Net Sales B&P +¥1,022 million / Healthcare +¥1,020 million / Creative Work -¥277 million / V&S +¥2,195 million / Amusement -¥359 million / Other -¥778 million / Operating profit Foreign Exchange Effects +¥329 million / Impact of higher revenue +¥218 million / Gross Margin Impact +¥528 million / Reduction in Selling, General and Administrative Expenses +¥81 million
Key KPIs	Indicator name B&P sales / Value ¥71.9 100 million / Year on year against the same period last year 116.6%, Indicator name Healthcare revenue / Value ¥171.5 100 million / Year on year against the same period last year 106.3%, Indicator name Creative Work sales / Value ¥21.5 100 million / Year on year against the same period last year 88.6%, Indicator name V&S sales / Value ¥75.7 100 million / Year on year against the same period last year 140.8%, Indicator name Amusement sales / Value ¥37.6 100 million / Year on year against the same period last year 91.3%, Indicator name Sales in China / Value 113.2% YoY, Indicator name North America Sales / Value 121.3% YoY, Indicator name Europe Sales / Value 106.0% YoY, Indicator name Sales in Japan / Value 112.7% YoY
Assumptions Underlying the Business Outlook	USD Annual Average Exchange Rate ¥160.00 / EUR Annual Average Exchange Rate ¥175.00 / Operating Profit FX Sensitivity A ¥1 depreciation against the US dollar: -¥80 million; a ¥1 depreciation against the euro: +¥100 million
Medium-term management plan targets	Ninth Medium-Term Management Plan Over the three years from the fiscal year ending March 2027 through the fiscal year ending March 2029, evolve into an imaging solutions company and reform the earnings structure / Annual Dividend Plans to maintain the ¥115 dividend / Total payout ratio target 70%+ of consolidated net income
Financial targets	ROA of 2.3% and ROE of 5.6% are stated. Target values: Not disclosed
Annual Dividend	Annual Dividend ¥115 /share / Interim Dividend ¥57.5 per share / Year-end dividend ¥57.5 per share
Payout ratio	Payout ratio 65.1% / Total payout ratio target 70%+ of consolidated net income
Acquisition of treasury shares	Acquisition amount ¥170 100 million (planned) / Period Not disclosed
Capital expenditures	¥7.9 100 million
New initiatives	Launch of the ColorEdge CG3200X color-management OLED monitor, Strengthen competitiveness in the Creative Work market by introducing new OLED monitor products from the second half of the fiscal year, First selection for the FTSE JPX Blossom Japan Index

Items this document does not state (8)

Progress against full-year forecastUnit 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.

Increased sales to the V&S market, higher domestic and overseas sales of B&P products, solid sales for air traffic control and defense applications, and the weaker yen against the euro contributed to higher revenue and profit. On the profit side, the gross profit margin rose due to increased sales of high-value-added products, while reductions in fixed costs from restructuring and streamlining the organizational structure in Europe and the absence of the one-time costs for the new technology building recorded in the same period of the previous year pushed up operating profit. Net income included a gain of ¥4.46 billion on the sale of investment securities.

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.

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