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Earnings6769THine Electronics,Inc.Electrical Equipment and Precision Instruments

Summary of Financial Results 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 increased 113.1% year on year to ¥3,229 million, driven by increased shipments of smart meter products in the AIOT business. Operating loss, ordinary loss and interim net loss attributable to owners of the parent all narrowed from the same period of the previous year, but losses remained, including an operating loss of ¥313 million.

Worth reading
51Recurring
Scored from 5 of 6 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
113.1
%
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 January 2026–30 June 2026ConsolidatedJapanese GAAP
Net Sales3,229¥ millionYear on year +113.1%Progress 48.2%
Operating profit-313¥ million
Ordinary income-133¥ million
Net income attributable to owners of the parent-85¥ 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△¥8.11
Financial position at period-end
Total assets10,359¥ million
of which net assets 8,847 ¥ millionEquity ratio 83.5%vs. prior year-end -6.9pt

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+552,536
Investment+106,594
Financials-122,143
Net change+536,987

Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ thousand).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¥7,049,870 thousand
Segment revenueLSI Business ¥1,125 million, AIOT Business ¥2,103 million
Segment profitLSI Business ¥-426 million, AIOT Business ¥113 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥6,695 million
Operating profit¥44.3 million (YoY +13.0%)
Ordinary income¥85 million
Profit attributable to owners of the parent¥107 million
Net income per share¥10.19
Revision to Earnings ForecastNot disclosed → Net Sales 6,695 / Operating profit 44.3 / Ordinary income 85 / Profit attributable to owners of the parent 107
Annual Dividend Forecast¥15 → ¥15(0.0%)
Factors Behind Changes in Business Performance

In the AIOT business, shipments of smart meter products increased steadily, and revisions to selling prices in response to higher manufacturing costs also had an impact. In the LSI business, overseas markets remained firm, while demand from the office automation equipment sector was sluggish. Research and development expenses totaled ¥725 million due to investment aimed at the medium-term management strategy.

Disclosure regarding the going concern assumption

Not applicable.

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 / Excluded 0 companies / Company name None
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of investment securities ¥99,002 thousand, Gain on reversal of subscription rights to shares ¥2,288 thousand, Gain on sale of non-current assets ¥2,072 thousand, Total extraordinary income ¥103,364 thousand / Extraordinary loss Not disclosed
Depreciation and amortization¥23,921 thousand
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (for institutional investors and analysts)
Issued Shares at Period-End12,340,100 Shares
Treasury Shares at Period-End1,768,037 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¥3,229 million (YoY +113.1%)
Operating profit¥-313 million
Ordinary income¥-133 million
Profit attributable to owners of the parent¥-85 million
Net income per share△¥8.11
Equity ratioEnd of the current fiscal period 83.5% / End of previous period 90.4%
Total assets¥10,359 million
Net assets¥8,847 million
Cash flows from operating activities¥552,536 thousand
Cash flows from investing activities¥106,594 thousand
Cash flows from financing activities¥-122,143 thousand
Cash and cash equivalents at end of period¥7,049,870 thousand
Full-year earnings forecastNet Sales ¥6,695 million / Operating profit ¥44.3 million (YoY +13.0%) / Ordinary income ¥85 million / Profit attributable to owners of the parent ¥107 million / Net income per share ¥10.19
Revision to Earnings ForecastNot disclosed → Net Sales 6,695 / Operating profit 44.3 / Ordinary income 85 / Profit attributable to owners of the parent 107
Annual Dividend Forecast¥15 → ¥15(0.0%)
Segment revenueLSI Business ¥1,125 million, AIOT Business ¥2,103 million
Segment profitLSI Business ¥-426 million, AIOT Business ¥113 million
Depreciation and amortization¥23,921 thousand
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of investment securities ¥99,002 thousand, Gain on reversal of subscription rights to shares ¥2,288 thousand, Gain on sale of non-current assets ¥2,072 thousand, Total extraordinary income ¥103,364 thousand / Extraordinary loss Not disclosed
Disclosure regarding the going concern assumptionNot applicable.
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 / Excluded 0 companies / Company name None
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (for institutional investors and analysts)
Issued Shares at Period-End12,340,100 Shares
Treasury Shares at Period-End1,768,037 Shares
Factors Behind Changes in Business PerformanceIn the AIOT business, shipments of smart meter products increased steadily, and revisions to selling prices in response to higher manufacturing costs also had an impact. In the LSI business, overseas markets remained firm, while demand from the office automation equipment sector was sluggish. Research and development expenses totaled ¥725 million due to investment aimed at the medium-term management strategy.
Items this document does not state (7)
Operating MarginPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogImpairment 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.

Shipments of smart meter products in the AIOT business increased steadily, while revisions to selling prices in response to higher manufacturing costs also contributed. As the yen remained weak, the company recorded foreign exchange gains of ¥90 million, and recorded a gain on the sale of investment securities of ¥99 million from the partial sale of investment securities. At the same time, the company actively pursued strategic research and development investment aimed at its medium-term management strategy.

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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.
Summary of Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending December 2026 [Japanese GAAP] (Consolidated) | THine Electronics,Inc. (6769) timely disclosure | Komori