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Revision to earnings forecast6742Kyosan Electric Manufacturing Co.,Ltd.Electric Appliances & Precision Instruments

Notice of differences between forecast and actual results for the cumulative second-quarter (interim) period of the fiscal year ending March 2027, and revisions to the full-year earnings and dividend forecasts (increase in dividend)

During the interim period, net sales fell below forecast, while operating profit, ordinary profit and interim net income exceeded forecast. For the full year, the forecasts for net sales and each profit measure were revised upward, and the year-end dividend was changed from ¥22 to ¥25 per share.

Worth reading
82Important
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
42.9
%
Wording
Conditional
How definitive the wording is.

Revised forecast

Fiscal year ending March 2027 · Cumulative second-quarter (interim) period and full yearPrevious forecast published Interim period: 7 August 2026; full year: 15 May 2026
Net SalesInterim period34,000→—Millions of yen
—
Net SalesFull year90,200→100,000Millions of yen
+10.9%
Operating profitInterim period20→—Millions of yen
—
Operating profitFull year5,600→8,000Millions of yen
+42.9%
Ordinary incomeInterim period400→—Millions of yen
—
Ordinary incomeFull year6,000→8,000Millions of yen
+33.3%
Profit attributable to owners of the parentInterim period320→—Millions of yen
—
Profit attributable to owners of the parentFull year4,200→5,500Millions of yen
+31.0%
Net income per shareInterim period5.18→—/ sen
—
Net income per shareFull year68.05→89.11/ sen
+30.9%

The bar length represents the relative magnitude of change, based on the item that changed the most in this document. The percentage change shown by the dotted line is calculated from the two reported figures because the company did not provide the rate.

Reason for the revision

In the Signal Systems business, initiatives to improve production efficiency and shorten lead times, among others, progressed. In the Power Electronics business, the company captured demand accompanying increased semiconductor investment, particularly in AI-related areas, while demand for power supplies for flat-panel display manufacturing equipment is also recovering gradually. The company expects these factors to increase revenue and improve profitability through greater production efficiency.

Previous-period resultsInterim period (second quarter of the fiscal year ending March 2026): net sales of ¥31,802 million, operating loss of ¥1,523 million, ordinary loss of ¥1,123 million, interim net income attributable to owners of the parent of ¥611 million, and interim net loss per share of ¥9.83. Full year (fiscal year ending March 2026): net sales of ¥93,122 million, operating profit of ¥4,503 million, ordinary profit of ¥5,203 million, net income attributable to owners of the parent of ¥5,042 million, and net income per share of ¥81.37.
Dividend forecast revisionThe year-end dividend forecast was changed from ¥22 to ¥25 per share, an increase of ¥3, and the annual dividend forecast was revised from ¥27 to ¥30.
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net SalesInterim period 34,000 / Full year 90,200 → Interim period (actual results) 33,744 / Full year 100,000(Interim period △0.8% / Full year 10.9%)
Operating profitInterim period 20 / Full year 5,600 → Interim period (actual results) 842 / Full year 8,000(Interim period Not disclosed / Full year 42.9%)
Ordinary incomeInterim period 400 / Full year 6,000 → Interim period (actual results) 1,127 / Full year 8,000(Interim period 181.8% / Full year 33.3%)
Profit attributable to owners of the parentInterim period 320 / Full year 4,200 → Interim period (actual results) 705 / Full year 5,500(Interim period 120.3% / Full year 31.0%)
Net income per shareInterim period 5.18 / Full year 68.05 → Interim period (actual results) 11.43 / Full year 89.11
Fiscal Period CoveredFiscal year ending March 2027
Period CoveredCumulative second-quarter (interim) period and full year
Publication date of previous forecastInterim period: 7 August 2026; full year: 15 May 2026
Previous-period resultsInterim period (second quarter of the fiscal year ending March 2026): net sales of ¥31,802 million, operating loss of ¥1,523 million, ordinary loss of ¥1,123 million, interim net income attributable to owners of the parent of ¥611 million, and interim net loss per share of ¥9.83. Full year (fiscal year ending March 2026): net sales of ¥93,122 million, operating profit of ¥4,503 million, ordinary profit of ¥5,203 million, net income attributable to owners of the parent of ¥5,042 million, and net income per share of ¥81.37.
Reason for the revisionIn the Signal Systems business, initiatives to improve production efficiency and shorten lead times, among others, progressed. In the Power Electronics business, the company captured demand accompanying increased semiconductor investment, particularly in AI-related areas, while demand for power supplies for flat-panel display manufacturing equipment is also recovering gradually. The company expects these factors to increase revenue and improve profitability through greater production efficiency.
Dividend forecast revisionThe year-end dividend forecast was changed from ¥22 to ¥25 per share, an increase of ¥3, and the annual dividend forecast was revised from ¥27 to ¥30.
Consolidated / non-consolidatedConsolidated
Items this document does not state (1)
Details and amount of extraordinary 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.

In the Signal Systems business, initiatives to improve production efficiency and shorten lead times progressed. In the Power Electronics business, the company captured demand driven by increased semiconductor investment, particularly in AI-related areas, while demand for power supplies for flat-panel display manufacturing equipment also recovered.

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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice of differences between forecast and actual results for the cumulative second-quarter (interim) period of the fiscal year ending March 2027, and revisions to the full-year earnings and dividend forecasts (increase in dividend) | Kyosan Electric Manufacturing Co.,Ltd. (6742) timely disclosure | Komori