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Earnings6768TAMURA CORPORATIONElectrical Equipment and Precision Instruments

Summary of 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, revenue increased on demand related to AI servers and other areas, while operating profit declined due to a time lag before higher raw material prices could be reflected in selling prices. Net income attributable to owners of the parent increased substantially due to the recognition of gains on sales of investment securities and other items, and the full-year forecasts remained unchanged.

Worth reading
53Recurring
Scored from 5 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
13.5
Year-on-year change (revenue, %)
Wording
Conditional
How definitive the wording is.

Results for this period

First quarter1 April 2026 to 30 June 2026ConsolidatedJapanese GAAP
Net Sales32,784¥ millionYear on year +13.5%Progress 25.2%
Operating profit1,135¥ millionYear on year -3.7%Progress 20.3%
Ordinary income1,103¥ millionYear on year +19.4%Progress 22.5%
Net income attributable to owners of the parent3,044¥ millionProgress 67.6%

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¥38.25
Financial position at period-end
Total assets131,136¥ million
of which net assets 65,175 ¥ millionEquity ratio 49.6%vs. prior year-end +2.2pt

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 revenueElectronic Components Business ¥21,146 million (YoY +6.9%), Electronic Chemicals and Mounting Equipment Business ¥11,565 million (YoY +31.6%), Information Equipment Business ¥90 million (YoY -71.1%)
Segment profitElectronic Components Business ¥1,041 million (YoY +19.9%), Electronic Chemicals and Mounting Equipment Business ¥610 million (YoY -19.8%), Information Equipment Business ¥-267 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥130,000 million (YoY +5.2%)
Operating profit¥5,600 million (YoY +5.9%)
Ordinary income¥4,900 million (YoY +0.4%)
Net income¥4,500 million
Annual Dividend Forecast¥13 → ¥16
Factors Behind Changes in Business Performance

Revenue increased as demand remained firm for AI servers and data centers, automotive electrification, and industrial equipment. Operating profit in the electronic chemicals and mounting-related business declined because there was a time lag before the sharp rise in raw material prices could be reflected in selling prices under the formula-based pricing system. Net income increased due to the recognition of gains on sales of investment securities and gains on the transfer of equity interests in a consolidated subsidiary in China.

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 Number of companies 0 / Company name Not disclosed / Excluded Number of companies 1 / Company name 田村汽車電子(佛山)有限公司
Material subsequent eventsOn 17 July 2026, the company entered into an agreement to acquire shares in EMG Power Electric S.r.l. through TAMURA-EUROPE LIMITED and decided to make the company a consolidated subsidiary. The business combination date is scheduled for 1 October 2026, the percentage of voting rights to be acquired is 80%, and the acquisition cost is approximately ¥9.5 billion.
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥1 million, Gain on sale of investment securities ¥1,522 million, Gain on sale of shares in an affiliated company ¥669 million / Extraordinary loss Loss on disposal and sale of non-current assets ¥10 million
Depreciation and amortization¥1,169 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingNone (対象者:Not disclosed)
Issued Shares at Period-End82,771,473 Shares
Treasury Shares at Period-End3,190,042 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¥32,784 million (YoY +13.5%)
Operating profit¥1,135 million (YoY -3.7%)
Ordinary income¥1,103 million (YoY +19.4%)
Profit attributable to owners of the parent¥3,044 million
Net income per share¥38.25
Equity ratioEnd of the current fiscal period 49.6 / End of previous period 47.4
Total assets¥131,136 million
Net assets¥65,175 million
Full-year earnings forecastNet Sales ¥130,000 million (YoY +5.2%) / Operating profit ¥5,600 million (YoY +5.9%) / Ordinary income ¥4,900 million (YoY +0.4%) / Net income ¥4,500 million
Annual Dividend Forecast¥13 → ¥16
Segment revenueElectronic Components Business ¥21,146 million (YoY +6.9%), Electronic Chemicals and Mounting Equipment Business ¥11,565 million (YoY +31.6%), Information Equipment Business ¥90 million (YoY -71.1%)
Segment profitElectronic Components Business ¥1,041 million (YoY +19.9%), Electronic Chemicals and Mounting Equipment Business ¥610 million (YoY -19.8%), Information Equipment Business ¥-267 million
Depreciation and amortization¥1,169 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥1 million, Gain on sale of investment securities ¥1,522 million, Gain on sale of shares in an affiliated company ¥669 million / Extraordinary loss Loss on disposal and sale of non-current assets ¥10 million
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 Number of companies 0 / Company name Not disclosed / Excluded Number of companies 1 / Company name 田村汽車電子(佛山)有限公司
Material subsequent eventsOn 17 July 2026, the company entered into an agreement to acquire shares in EMG Power Electric S.r.l. through TAMURA-EUROPE LIMITED and decided to make the company a consolidated subsidiary. The business combination date is scheduled for 1 October 2026, the percentage of voting rights to be acquired is 80%, and the acquisition cost is approximately ¥9.5 billion.
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingNone (対象者:Not disclosed)
Issued Shares at Period-End82,771,473 Shares
Treasury Shares at Period-End3,190,042 Shares
Factors Behind Changes in Business PerformanceRevenue increased as demand remained firm for AI servers and data centers, automotive electrification, and industrial equipment. Operating profit in the electronic chemicals and mounting-related business declined because there was a time lag before the sharp rise in raw material prices could be reflected in selling prices under the formula-based pricing system. Net income increased due to the recognition of gains on sales of investment securities and gains on the transfer of equity interests in a consolidated subsidiary in China.
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 salesOrders received and order backlogImpairment 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.

Revenue increased as demand remained firm for AI servers and data centers, automotive electrification, and industrial equipment, among other areas. Operating profit declined because, in the electronic chemicals and mounting-related business, there was a time lag before the sharp rise in raw material prices could be reflected in selling prices. Net income increased due to the recognition of gains on sales of investment securities and gains on the transfer of equity interests in a consolidated subsidiary in China.

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Summary of Financial Results for the First Quarter of the Fiscal Year Ending March 2027 (Japanese GAAP, Consolidated) | TAMURA CORPORATION (6768) timely disclosure | Komori