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Earnings6771IKEGAMI TSUSHINKI CO.,LTD.Electrical Equipment and Precision Instruments

Financial Results for the Fiscal Year Ending March 2026 (Japanese GAAP) (Consolidated)

For the fiscal year ended March 2026, revenue increased 2.9% and operating profit increased 59.9%, resulting in higher revenue and profit. For the fiscal year ending March 2027, revenue and operating profit are expected to decline as the contribution from large projects is expected to be limited, while net income is expected to increase due to gains on the sale of fixed assets.

Worth reading
49Recurring
Scored from 4 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
59.9
Year-on-year change in operating profit (%)
Wording
Conditional
How definitive the wording is.

Results for this period

Full year1 April 2025–31 March 2026ConsolidatedJapanese GAAP
Net Sales21,329¥ millionYear on year +2.9%Progress 101.6%
Operating profit407¥ millionYear on year +59.9%Progress 135.7%
Ordinary income358¥ millionYear on year +23.1%Progress 358.0%
Net income attributable to owners of the parent376¥ millionYear on year +59.5%Progress 75.2%

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¥58.69
Operating MarginCurrent fiscal year 1.9% / Prior-year period 1.2%
Financial position at period-end
Total assets29,917¥ million
of which net assets 14,302 ¥ millionEquity ratio 47.8%vs. prior year-end +0.4pt

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.

Cash inflows and outflows
Operating+1,523
Investment-991
Financials-191
Net change+341

Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).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¥3,990 million
Regional sales
North America98030.6%
Europe1,05632.9%
Asia1,17136.5%
Segment revenueOmitted because the Company operates in a single segment (information and communications equipment)
Segment profitOmitted because the Company operates in a single segment (information and communications equipment)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥21,000 million (YoY -1.5%)
Operating profit¥300 million (YoY -26.3%)
Ordinary income¥100 million (YoY -72.1%)
Net income¥500 million (YoY +32.8%)
Annual Dividend Forecast¥15 per share → ¥15 per share(0.0%)
Payout ratioFiscal year ending March 2026 25.6% / Forecast for the fiscal year ending March 2027 19.3%
Factors Behind Changes in Business Performance

Revenue in the second quarter significantly exceeded the year-earlier period, and gross profit increased substantially due to higher revenue and an improved gross profit margin. By region, domestic revenue benefited from large projects, outside broadcast vehicle systems and equipment for government agencies, while North American revenue benefited from broadcasting camera and medical camera projects. In Europe, revenue was affected by order deferrals and weak demand for medical cameras, while in Asia it was affected by the stagnation of the Chinese economy and inventory adjustments by OEM customers.

Disclosure regarding the going concern assumption

Not applicable (no matters to report in the notes on the going concern assumption)

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
Material subsequent eventsAt a meeting held on 14 May 2026, the Board of Directors resolved to apply the replacement-asset tax deferral measure and record a reduction entry for the system center's new building and other assets in connection with the transfer of the land and buildings at the Shiohama facility. A ¥569 million loss on the reduction of fixed asset value is scheduled to be recorded as an extraordinary loss in the following consolidated fiscal year.
Impairment loss¥20 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥0 million / Extraordinary loss Loss on Disposal of Fixed Assets ¥1 million, Impairment Losses ¥20 million
Depreciation and amortization¥461 million
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End7,285,746
Treasury Shares at Period-End870,933
Results for this period
ItemDetails
Fiscal Period ClassificationFull year
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2025–31 March 2026
Net Sales¥21,329 million (YoY +2.9%)
Operating profit¥407 million (YoY +59.9%)
Ordinary income¥358 million (YoY +23.1%)
Profit attributable to owners of the parent¥376 million (YoY +59.5%)
Net income per share¥58.69
Operating MarginCurrent fiscal year 1.9% / Prior-year period 1.2%
Equity ratioEnd of the current fiscal period 47.8% / End of previous period 47.4%
Total assets¥29,917 million
Net assets¥14,302 million
Cash flows from operating activities¥1,523 million
Cash flows from investing activities¥-991 million
Cash flows from financing activities¥-191 million
Cash and cash equivalents at end of period¥3,990 million
Full-year earnings forecastNet Sales ¥21,000 million (YoY -1.5%) / Operating profit ¥300 million (YoY -26.3%) / Ordinary income ¥100 million (YoY -72.1%) / Net income ¥500 million (YoY +32.8%)
Annual Dividend Forecast¥15 per share → ¥15 per share(0.0%)
Payout ratioFiscal year ending March 2026 25.6% / Forecast for the fiscal year ending March 2027 19.3%
Segment revenueOmitted because the Company operates in a single segment (information and communications equipment)
Segment profitOmitted because the Company operates in a single segment (information and communications equipment)
Regional salesDomestic Net Sales Not disclosed / Year on year against the same period last year Significantly higher / North America ¥980 million / Europe ¥1,056 million / Asia ¥1,171 million
Depreciation and amortization¥461 million
Impairment loss¥20 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥0 million / Extraordinary loss Loss on Disposal of Fixed Assets ¥1 million, Impairment Losses ¥20 million
Disclosure regarding the going concern assumptionNot applicable (no matters to report in the notes on the going concern assumption)
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
Material subsequent eventsAt a meeting held on 14 May 2026, the Board of Directors resolved to apply the replacement-asset tax deferral measure and record a reduction entry for the system center's new building and other assets in connection with the transfer of the land and buildings at the Shiohama facility. A ¥569 million loss on the reduction of fixed asset value is scheduled to be recorded as an extraordinary loss in the following consolidated fiscal year.
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End7,285,746
Treasury Shares at Period-End870,933
Factors Behind Changes in Business PerformanceRevenue in the second quarter significantly exceeded the year-earlier period, and gross profit increased substantially due to higher revenue and an improved gross profit margin. By region, domestic revenue benefited from large projects, outside broadcast vehicle systems and equipment for government agencies, while North American revenue benefited from broadcasting camera and medical camera projects. In Europe, revenue was affected by order deferrals and weak demand for medical cameras, while in Asia it was affected by the stagnation of the Chinese economy and inventory adjustments by OEM customers.
Items this document does not state (3)
Revision to Earnings ForecastShareholder Return PolicyOrders received and order backlog

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.

For the fiscal year ended March 2026, operating profit increased because second-quarter revenue significantly exceeded the year-earlier period and gross profit margin improved in addition to higher revenue. Selling, general and administrative expenses increased due to higher research and development expenses for developing IP-compatible broadcasting systems and acquiring next-generation technologies. Net income attributable to owners of the parent was also affected by the adjustment of corporate income taxes and other taxes associated with the recognition of deferred tax assets. For the fiscal year ending March 2027, the contribution from large projects is expected to be limited as customers' capital investment plans reach completion, while a gain on the sale of fixed assets related to the transfer of the Shiohama facility is scheduled to be recorded as extraordinary income.

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Financial Results for the Fiscal Year Ending March 2026 (Japanese GAAP) (Consolidated) | IKEGAMI TSUSHINKI CO.,LTD. (6771) timely disclosure | Komori