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Earnings6742Kyosan Electric Manufacturing Co.,Ltd.Electrical Equipment and Precision Instruments

Financial Results for the First Quarter of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated)

In the first quarter of the fiscal year ending March 2027, net sales increased 20.8% year on year, while operating income, ordinary income and net income attributable to owners of the parent all turned profitable from losses in the same period of the previous year. The full-year earnings forecast was revised, but the figures before the revision are not provided in the main text.

Worth reading
55In focus
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Direction
Mixed performance
Direction inferred from the company’s description.
Scale
1742
¥ million
Wording
Conditional
How definitive the wording is.

Results for this period

First quarter1 April 2026 to 30 June 2026ConsolidatedJapanese GAAP
Net Sales14,794¥ millionYear on year +20.8%Progress 16.4%
Operating profit97¥ millionProgress 1.7%
Ordinary income490¥ millionProgress 8.2%
Net income attributable to owners of the parent398¥ million

The 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.

Net income per share¥6.46
Financial position at period-end
Total assets107,714¥ million
of which net assets 54,254 ¥ millionEquity ratio 50.4%vs. prior year-end +3.7pt

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.

Cash inflows and outflows
Operating+7,607
Investment-992
Financials-7,238
Net change-623

Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.

Cash and cash equivalents at end of period¥6,292 million
Segment revenue
Signal Systems Business11,16175.4%+1,946.0%
Power Electronics Business3,63224.6%+597.0%
Segment profit
Signal Systems Business62345.3%+893.0%
Power Electronics Business75154.7%+873.0%
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥90,200 million (YoY -3.1%)
Operating profit¥5,600 million (YoY +24.4%)
Ordinary income¥6,000 million (YoY +15.3%)
Profit attributable to owners of parent¥4,200 million (YoY -16.7%)
Revision to Earnings ForecastNet Sales Not disclosed → ¥90,200 million / Operating profit Not disclosed → ¥5,600 million / Ordinary income Not disclosed → ¥6,000 million / Profit attributable to owners of parent Not disclosed → ¥4,200 million
Annual Dividend Forecast¥25.00 (actual for the fiscal year ended March 2026) → ¥27.00 (forecast for the fiscal year ending March 2027)
Factors Behind Changes in Business Performance

Orders in the Signal Systems Business and Power Electronics Business remained firm. The Signal Systems Business benefited from capital investment by domestic and overseas customers and the working down of its substantial order backlog. The Power Electronics Business benefited from increased AI-related investment, a recovery in FPD demand and the working down of its order backlog amid recovering market conditions. The Road Traffic Systems Business recorded lower orders and sales than in the same period of the previous year due to delays in orders and other factors.

Disclosure regarding the going concern assumption

None. The notes regarding the going concern assumption state, “There are no applicable matters.”

Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Changes in the scope of consolidationNew 0 companies (company name: —) / Excluded 0 companies (company name: —)
Material subsequent eventsNot applicable.
Breakdown of extraordinary income (loss)Extraordinary income Not disclosed / Extraordinary loss Item Loss on disposal and sale of non-current assets / Amount ¥0 million
Depreciation and amortization¥407 million
Orders received and order backlogOrders received ¥36,358 million / Order backlog More than ¥100 billion as of the end of the previous fiscal year
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo
Issued Shares at Period-End62,844,251 shares
Treasury Shares at Period-End1,121,879 shares
Results for this period
ItemDetails
Fiscal Period ClassificationFirst quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 June 2026
Net Sales¥14,794 million (YoY +20.8%)
Operating profit¥97 million
Ordinary income¥490 million
Profit attributable to owners of the parent¥398 million
Net income per share¥6.46
Equity ratioEnd of the current fiscal period 50.4% / End of previous period 46.7%
Total assets¥107,714 million
Net assets¥54,254 million
Cash flows from operating activities¥7,607 million
Cash flows from investing activities¥-992 million
Cash flows from financing activities¥-7,238 million
Cash and cash equivalents at end of period¥6,292 million
Full-year earnings forecastNet Sales ¥90,200 million (YoY -3.1%) / Operating profit ¥5,600 million (YoY +24.4%) / Ordinary income ¥6,000 million (YoY +15.3%) / Profit attributable to owners of parent ¥4,200 million (YoY -16.7%)
Revision to Earnings ForecastNet Sales Not disclosed → ¥90,200 million / Operating profit Not disclosed → ¥5,600 million / Ordinary income Not disclosed → ¥6,000 million / Profit attributable to owners of parent Not disclosed → ¥4,200 million
Annual Dividend Forecast¥25.00 (actual for the fiscal year ended March 2026) → ¥27.00 (forecast for the fiscal year ending March 2027)
Segment revenueSegment Signal Systems Business / Net Sales ¥11,161 million / Year on year against the same period last year ¥1,946 million increase, Segment Power Electronics Business / Net Sales ¥3,632 million / Year on year against the same period last year ¥597 million increase
Segment profitSegment Signal Systems Business / Segment profit ¥623 million / Year on year against the same period last year ¥893 million increase, Segment Power Electronics Business / Segment profit ¥751 million / Year on year against the same period last year ¥873 million increase
Orders received and order backlogOrders received ¥36,358 million / Order backlog More than ¥100 billion as of the end of the previous fiscal year
Depreciation and amortization¥407 million
Breakdown of extraordinary income (loss)Extraordinary income Not disclosed / Extraordinary loss Item Loss on disposal and sale of non-current assets / Amount ¥0 million
Disclosure regarding the going concern assumptionNone. The notes regarding the going concern assumption state, “There are no applicable matters.”
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No
Changes in the scope of consolidationNew 0 companies (company name: —) / Excluded 0 companies (company name: —)
Material subsequent eventsNot applicable.
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo
Issued Shares at Period-End62,844,251 shares
Treasury Shares at Period-End1,121,879 shares
Factors Behind Changes in Business PerformanceOrders in the Signal Systems Business and Power Electronics Business remained firm. The Signal Systems Business benefited from capital investment by domestic and overseas customers and the working down of its substantial order backlog. The Power Electronics Business benefited from increased AI-related investment, a recovery in FPD demand and the working down of its order backlog amid recovering market conditions. The Road Traffic Systems Business recorded lower orders and sales than in the same period of the previous year due to delays in orders and other factors.
Items this document does not state (5)
Operating MarginPayout ratioShareholder Return PolicyRegional salesImpairment loss

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.

Orders in the Signal Systems Business and Power Electronics Business remained firm, resulting in higher sales in both businesses than in the same period of the previous year. In the Signal Systems Business, sales benefited from working through the substantial order backlog. In the Power Electronics Business, sales benefited from increased AI-related investment, a recovery in FPD demand and the working down of the order backlog amid recovering market conditions.

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Financial Results for the First Quarter of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated) | Kyosan Electric Manufacturing Co.,Ltd. (6742) timely disclosure | Komori