Results for this period
Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAPThe 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.
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.
Shipments declined due to the impact of the situation in the Middle East, customers' production and inventory adjustments, and production and supply constraints affecting certain products. Operating profit declined due to higher metal material prices, lower operating rates resulting from the decline in net sales, and increased selling, general and administrative expenses.
None applicable
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 September 2026 |
| Net Sales | ¥4,348 million (YoY -10.4%) |
| Operating profit | ¥64 million (YoY -78.4%) |
| Ordinary income | ¥55 million (YoY -78.2%) |
| Profit attributable to owners of the parent | ¥45 million |
| Net income per share | ¥6.67 |
| Equity ratio | End of the current fiscal period 68.2 / End of previous period 67.1 |
| Total assets | ¥11,338 million |
| Net assets | ¥7,732 million |
| Cash and cash equivalents at end of period | ¥2,492,017 thousand |
| Full-year earnings forecast | Net Sales ¥9,610 million (YoY +0.1%) / Operating profit ¥460 million (YoY +0.6%) / Ordinary income ¥463 million (YoY +0.5%) / Profit attributable to owners of the parent ¥313 million |
| Annual Dividend Forecast | ¥40 → ¥50(+25.0%) |
| Segment revenue | Segment Variable resistors / Current interim period ¥1,852,395 thousand / Same period of the previous year ¥1,851,569 thousand / Year on year against the same period last year Not disclosed, Segment Automotive electrical components / Current interim period ¥2,496,414 thousand / Same period of the previous year ¥2,955,230 thousand / Year on year against the same period last year Not disclosed |
| Segment profit | Segment Variable resistors / Current interim period ¥368,012 thousand / Same period of the previous year ¥550,461 thousand / Year on year against the same period last year Not disclosed, Segment Automotive electrical components / Current interim period ¥126,238 thousand / Same period of the previous year ¥234,664 thousand / Year on year against the same period last year Not disclosed |
| Impairment loss | None applicable |
| Breakdown of extraordinary income (loss) | Extraordinary income None / Extraordinary loss Loss on disposal and sale of non-current assets ¥25 thousand |
| Disclosure regarding the going concern assumption | None applicable |
| Change in accounting policy | Changes due to revisions to standards None / Other changes None / Change in accounting estimate None / Restatement None |
| Changes in the scope of consolidation | None (no additions or exclusions) |
| Material subsequent events | On 2 November 2026, the Company sold 4 listed securities it held and plans to record a ¥1,008 million gain on the sale of investment securities as extraordinary income in the third quarter of the fiscal year ending March 2027. The sale proceeds will be used to improve the efficiency of its assets and as strategic funding for future M&A and other initiatives. |
| Availability of Supplementary Financial Results Materials | Available |
| Availability of Financial Results Briefing | None |
| Issued Shares at Period-End | 6,825,860 shares |
| Treasury Shares at Period-End | 58,325 shares |
| Factors Behind Changes in Business Performance | Shipments declined due to the impact of the situation in the Middle East, customers' production and inventory adjustments, and production and supply constraints affecting certain products. Operating profit declined due to higher metal material prices, lower operating rates resulting from the decline in net sales, and increased selling, general and administrative expenses. |
Items this document does not state (10)
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 declined due to the impact of the situation in the Middle East, customers' production and inventory adjustments, and production and supply constraints affecting certain products. Factors affecting profit included higher metal material prices, lower operating rates resulting from the decline in net sales, and increased selling, general and administrative expenses.