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Earnings6748SEIWA ELECTRIC MFG. CO.,LTD.Electrical Equipment and Precision Instruments

Financial Results Summary for the Second Quarter (Interim Period) of the Fiscal Year Ending December 2026 [Japanese GAAP] (Consolidated)

For the interim period of the fiscal year ending December 2026, net sales decreased 2.5% year on year and operating income decreased 26.5%. The full-year earnings forecast and annual dividend forecast remain unchanged from the previous forecasts.

Worth reading
48Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Deterioration
Direction inferred from the company’s description.
Scale
-26.5
Year-on-year change in operating profit (%)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 January 2026–30 June 2026ConsolidatedJapanese GAAP
Net Sales11,680¥ millionYear on year -2.5%Progress 44.9%
Operating profit586¥ millionYear on year -26.5%Progress 30.8%
Ordinary income658¥ millionYear on year -21.8%Progress 33.4%
Net income attributable to owners of the parent444¥ millionYear on year -22.6%

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¥102.65
Financial position at period-end
Total assets30,401¥ million
of which net assets 20,553 ¥ millionEquity ratio 67.5%vs. prior year-end +4.4pt

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.

Segment revenueInformation Equipment ¥3,442 million (YoY -28.7%), Lighting Equipment ¥4,838 million (YoY +12.2%), Components ¥3,164 million (YoY +20.9%), Other ¥235 million (YoY +9.9%)
Segment profitInformation Equipment ¥180 million (YoY -76.9%), Lighting Equipment ¥1,076 million (YoY +28.9%), Components ¥317 million (YoY +124.9%), Other ¥-13 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥26,000 million (YoY +2.4%)
Operating profit¥1,900 million (YoY +15.2%)
Ordinary income¥1,970 million (YoY +13.1%)
Profit attributable to owners of the parent¥1,330 million (YoY +8.0%)
Annual Dividend Forecast¥20 → ¥20(0.0%)
Factors Behind Changes in Business Performance

Information Equipment sales decreased for both expressway-related and general road-related products. In Lighting Equipment, private-sector facilities-related sales increased, while road and tunnel lighting fixtures decreased. Components sales increased for industrial wiring protection equipment, air-conditioning piping protection equipment and electromagnetic-wave countermeasure components. The impact of the situation in the Middle East has raised concerns about the risk of higher raw material prices and procurement difficulties.

Disclosure regarding the going concern assumption

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 / Excluded 0 / Company name None
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of investment securities ¥1,517 thousand / Extraordinary loss Loss on Disposal of Fixed Assets ¥2,605 thousand
Depreciation and amortization¥255 million
Orders received and order backlogOrders received ¥13,077 million / Order backlog ¥13,515 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End13,238,700 Shares
Treasury Shares at Period-End354,703 Shares
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 January 2026–30 June 2026
Net Sales¥11,680 million (YoY -2.5%)
Operating profit¥586 million (YoY -26.5%)
Ordinary income¥658 million (YoY -21.8%)
Profit attributable to owners of the parent¥444 million (YoY -22.6%)
Net income per share¥102.65
Equity ratioEnd of the current fiscal period 67.5 / End of previous period 63.1
Total assets¥30,401 million
Net assets¥20,553 million
Full-year earnings forecastNet Sales ¥26,000 million (YoY +2.4%) / Operating profit ¥1,900 million (YoY +15.2%) / Ordinary income ¥1,970 million (YoY +13.1%) / Profit attributable to owners of the parent ¥1,330 million (YoY +8.0%)
Annual Dividend Forecast¥20 → ¥20(0.0%)
Segment revenueInformation Equipment ¥3,442 million (YoY -28.7%), Lighting Equipment ¥4,838 million (YoY +12.2%), Components ¥3,164 million (YoY +20.9%), Other ¥235 million (YoY +9.9%)
Segment profitInformation Equipment ¥180 million (YoY -76.9%), Lighting Equipment ¥1,076 million (YoY +28.9%), Components ¥317 million (YoY +124.9%), Other ¥-13 million
Orders received and order backlogOrders received ¥13,077 million / Order backlog ¥13,515 million
Depreciation and amortization¥255 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of investment securities ¥1,517 thousand / Extraordinary loss Loss on Disposal of Fixed Assets ¥2,605 thousand
Disclosure regarding the going concern assumptionNo 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 / Excluded 0 / Company name None
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End13,238,700 Shares
Treasury Shares at Period-End354,703 Shares
Factors Behind Changes in Business PerformanceInformation Equipment sales decreased for both expressway-related and general road-related products. In Lighting Equipment, private-sector facilities-related sales increased, while road and tunnel lighting fixtures decreased. Components sales increased for industrial wiring protection equipment, air-conditioning piping protection equipment and electromagnetic-wave countermeasure components. The impact of the situation in the Middle East has raised concerns about the risk of higher raw material prices and procurement difficulties.
Items this document does not state (11)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodRevision to Earnings ForecastPayout ratioShareholder Return PolicyRegional salesImpairment lossMaterial subsequent events

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 Information Equipment, sales decreased for both expressway-related and general road-related products. In Lighting Equipment, private-sector facilities-related sales increased, while road and tunnel lighting fixtures decreased. In Components, sales increased for industrial wiring protection equipment, air-conditioning piping protection equipment and electromagnetic-wave countermeasure components. Economic prospects remained uncertain, partly due to the situation in the Middle East.

How to read this page

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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.
Financial Results Summary for the Second Quarter (Interim Period) of the Fiscal Year Ending December 2026 [Japanese GAAP] (Consolidated) | SEIWA ELECTRIC MFG. CO.,LTD. (6748) timely disclosure | Komori