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Revision of earnings forecasts6769THine Electronics,Inc.Electrical Equipment and Precision Instruments

Notice Regarding Revisions to the Earnings Forecast

For the cumulative second quarter of the fiscal year ending December 2026, net sales and all profit figures exceeded the previous forecasts. For the full year, forecasts for net sales, operating profit and ordinary profit remain unchanged, while forecast net income attributable to owners of the parent has been raised from ¥3 million to ¥107 million to reflect special gains.

Worth reading
62In 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
103
¥ million
Wording
Conditional
How definitive the wording is.

Revised forecast

Fiscal year ending December 2026 · Cumulative second quarter and full yearPrevious forecast published 5 February 2026
Net Sales2Q cumulative2,508→3,229million
+28.7%
Net SalesFull year6,695→6,695million
0.0%
Operating profit2Q cumulative-390→-312million
+20.0%
Operating profitFull year13→13million
0.0%
Ordinary income2Q cumulative-316→-133million
+57.9%
Ordinary incomeFull year85→85million
0.0%
Profit attributable to owners of the parent2Q cumulative-333→-85million
+74.5%
Profit attributable to owners of the parentFull year3→107million
+3,466.7%
Net income per share2Q cumulative-31.71→-8.12yen and sen
+74.4%
Net income per shareFull year0.36→10.19yen and sen
+2,730.6%

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

Cumulative second-quarter results exceeded the plan due to increased shipments of products for smart meters in the AIOT business, revisions to selling prices in response to higher manufacturing costs, and cost reductions in selling, general and administrative expenses. In addition, the full-year forecast for net income attributable to owners of the parent was revised to reflect special gains, including foreign exchange gains resulting from the weaker yen and gains on the sale of investment securities.

Previous-period resultsSecond-quarter results: net sales of ¥1,514 million, operating loss of ¥369 million, ordinary loss of ¥585 million, interim net loss attributable to owners of the parent of ¥456 million, and interim net loss per share of ¥42.72. Full-year results: net sales of ¥4,639 million, operating loss of ¥342 million, ordinary loss of ¥403 million, net loss attributable to owners of the parent of ¥334 million, and net loss per share of ¥31.32.
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net Sales2Q cumulative 2,508 / Full year 6,695 → 2Q cumulative 3,229 / Full year 6,695(2Q cumulative 28.7% / Full year Not disclosed)
Operating profit2Q cumulative -390 / Full year 13 → 2Q cumulative -312 / Full year 13
Ordinary income2Q cumulative -316 / Full year 85 → 2Q cumulative -133 / Full year 85
Profit attributable to owners of the parent2Q cumulative -333 / Full year 3 → 2Q cumulative -85 / Full year 107
Net income per share2Q cumulative -31.71 / Full year 0.36 → 2Q cumulative -8.12 / Full year 10.19
Fiscal Period CoveredFiscal year ending December 2026
Period CoveredCumulative second quarter and full year
Publication date of previous forecast5 February 2026
Previous-period resultsSecond-quarter results: net sales of ¥1,514 million, operating loss of ¥369 million, ordinary loss of ¥585 million, interim net loss attributable to owners of the parent of ¥456 million, and interim net loss per share of ¥42.72. Full-year results: net sales of ¥4,639 million, operating loss of ¥342 million, ordinary loss of ¥403 million, net loss attributable to owners of the parent of ¥334 million, and net loss per share of ¥31.32.
Reason for the revisionCumulative second-quarter results exceeded the plan due to increased shipments of products for smart meters in the AIOT business, revisions to selling prices in response to higher manufacturing costs, and cost reductions in selling, general and administrative expenses. In addition, the full-year forecast for net income attributable to owners of the parent was revised to reflect special gains, including foreign exchange gains resulting from the weaker yen and gains on the sale of investment securities.
Consolidated / non-consolidatedConsolidated
Items this document does not state (2)
Details and amount of extraordinary lossDividend forecast revision

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.

Shipments of products for smart meters in the AIOT business increased steadily, and revisions to selling prices in response to higher manufacturing costs also contributed. The company also cited cost reductions in selling, general and administrative expenses, foreign exchange gains resulting from the weaker yen, and gains on the sale of part of its investment securities.

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Notice Regarding Revisions to the Earnings Forecast | THine Electronics,Inc. (6769) timely disclosure | Komori