Komori
Results6794Foster Electric Company,LimitedElectrical and Precision Instruments

Consolidated Financial Results Summary for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP]

In the first half, revenue increased 10.3% year on year, while operating income fell 27.8% due to the impact of US tariffs and higher material costs. The full-year earnings forecast was maintained, but the year-end dividend forecast was revised, bringing the full-year dividend forecast to ¥245.

Worth reading
47Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
10.3
% (year-on-year change in revenue)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAP
Net Sales73,490¥ millionYear on year +10.3%Progress 52.5%
Operating profit3,126¥ millionYear on year -27.8%Progress 39.1%
Ordinary income3,864¥ millionYear on year 0.0%Progress 51.5%
Net income attributable to owners of the parent1,900¥ millionYear on year -27.5%Progress 38.0%

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¥84.55
Financial position at period-end
Total assets118,492¥ million
of which net assets 78,202 ¥ millionEquity ratio 57.7%vs. prior year-end -2.6pt

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+2,506
Investment-3,470
Financials+2,315
Net change+1,351

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¥21,151 million
Segment revenueSpeaker business ¥60,063 million (YoY +9.6%), Mobile audio business ¥7,498 million (YoY +13.7%), Other Businesses ¥5,927 million (YoY +12.5%)
Segment profitSpeaker business ¥2,025 million (YoY -46.0%), Mobile audio business ¥733 million (YoY +95.5%), Other Businesses ¥366 million (YoY +84.0%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥140,000 million (YoY +3.8%)
Operating profit¥8,000 million (YoY +4.3%)
Ordinary income¥7,500 million (YoY -6.3%)
Net income¥5,000 million (YoY +1.0%)
Annual Dividend Forecast80 yen → 245 yen
Factors Behind Changes in Business Performance

Revenue increased due to solid sales of earphones, earphone drivers and other products to major customers, a focus on winning new business and increasing the number of products installed per vehicle, and the impact of the weaker yen. Operating income declined due to temporary costs associated with US tariffs, higher material costs and the stronger Chinese yuan, among other factors.

Disclosure regarding the going concern assumption

No applicable items

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 consolidationNewly consolidated: 0 companies; excluded: 0 companies (company names: —)
Impairment lossNone applicable (material impairment losses on fixed assets)
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of investment securities ¥324 million / Extraordinary loss None
Depreciation and amortization¥1,922 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for analysts and institutional investors)
Issued Shares at Period-End25,000,000 shares issued and outstanding at period-end
Treasury Shares at Period-End2,498,594 shares
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 September 2026
Net Sales¥73,490 million (YoY +10.3%)
Operating profit¥3,126 million (YoY -27.8%)
Ordinary income¥3,864 million (YoY 0.0%)
Profit attributable to owners of the parent¥1,900 million (YoY -27.5%)
Net income per share¥84.55
Equity ratioEnd of the current fiscal period 57.7 / End of previous period 60.3
Total assets¥118,492 million
Net assets¥78,202 million
Cash flows from operating activities¥2,506 million
Cash flows from investing activities¥-3,470 million
Cash flows from financing activities¥2,315 million
Cash and cash equivalents at end of period¥21,151 million
Full-year earnings forecastNet Sales ¥140,000 million (YoY +3.8%) / Operating profit ¥8,000 million (YoY +4.3%) / Ordinary income ¥7,500 million (YoY -6.3%) / Net income ¥5,000 million (YoY +1.0%)
Annual Dividend Forecast80 yen → 245 yen
Segment revenueSpeaker business ¥60,063 million (YoY +9.6%), Mobile audio business ¥7,498 million (YoY +13.7%), Other Businesses ¥5,927 million (YoY +12.5%)
Segment profitSpeaker business ¥2,025 million (YoY -46.0%), Mobile audio business ¥733 million (YoY +95.5%), Other Businesses ¥366 million (YoY +84.0%)
Depreciation and amortization¥1,922 million
Impairment lossNone applicable (material impairment losses on fixed assets)
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of investment securities ¥324 million / Extraordinary loss None
Disclosure regarding the going concern assumptionNo applicable items
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 consolidationNewly consolidated: 0 companies; excluded: 0 companies (company names: —)
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for analysts and institutional investors)
Issued Shares at Period-End25,000,000 shares issued and outstanding at period-end
Treasury Shares at Period-End2,498,594 shares
Factors Behind Changes in Business PerformanceRevenue increased due to solid sales of earphones, earphone drivers and other products to major customers, a focus on winning new business and increasing the number of products installed per vehicle, and the impact of the weaker yen. Operating income declined due to temporary costs associated with US tariffs, higher material costs and the stronger Chinese yuan, among other factors.
Items this document does not state (7)
Operating MarginRevision to Earnings ForecastPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogMaterial 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.

Revenue increased due to solid sales of products to major customers, a focus on winning new business and increasing the number of products installed per vehicle, and the impact of the weaker yen. Operating income was pressured by US tariffs, higher material costs, and temporary costs related to the stronger Chinese yuan. The dividend forecast was revised in light of recent earnings trends and the shareholder return policy under Medium-Term Business Plan 2031.

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