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Earnings6797NAGOYA ELECTRIC WORKS CO.,LTD.Electric Appliances & Precision Instruments

Fiscal year ending March 2027 Second Quarter (Interim Period) Earnings Summary [Japanese GAAP] (Consolidated)

For the interim period of the fiscal year ending March 2027, net sales fell 15.4% year on year against a backdrop of lower orders, and operating, ordinary and net income all swung to losses. The full-year earnings forecast is unchanged, while the annual dividend forecast has been raised from ¥45 to ¥50.

Worth reading
60In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Deterioration
Direction inferred from the company’s description.
Scale
-15.4
% (Net sales, year on year)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAP
Net Sales4,752¥ millionYear on year -15.4%Progress 29.7%
Operating profit-468¥ million
Ordinary income-433¥ million
Net income attributable to owners of the parent-325¥ 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-¥27.61
Financial position at period-end
Total assets27,176¥ million
of which net assets 23,456 ¥ millionEquity ratio 86.3%vs. prior year-end +4.2pt

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+2,562,780
Investment-390,112
Financials-530,581
Net change+1,642,087

Stacked from zero: upward is an increase in cash, downward a decrease (in Thousands of yen).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 period9,176,224 Thousands of yen
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥16,000 million (YoY -7.6%)
Operating profit¥660 million (YoY -62.3%)
Ordinary income¥710 million (YoY -60.4%)
Net income¥560 million (YoY -63.1%)
Revision to Earnings ForecastNet Sales No revision / Operating profit No revision / Ordinary income No revision / Net income No revision
Annual Dividend Forecast45 Yen → 50 Yen
Factors Behind Changes in Business Performance

Partly due to the impact of lower orders than in the previous consolidated fiscal year, both sales and profit were below the year-earlier period.

Disclosure regarding the going concern assumption

Not applicable

Change in accounting policy
基準改正に伴う変更 Noneそれ以外の変更 None見積りの変更 None修正再表示 None
Changes in the scope of consolidationNew 0 / Excluded 0 / Company name None
Breakdown of extraordinary income (loss)Current interim period Extraordinary income None / Extraordinary loss None / Interim period of the previous year Extraordinary income Gain on sale of non-current assets 314,526 Thousands of yen / Extraordinary loss Loss on sale of investment securities 1,125 Thousands of yen
Depreciation and amortization177,880 Thousands of yen
Orders received and order backlogOrders received ¥6,161 million / Order backlog ¥18,113 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for institutional investors and analysts)
Issued Shares at Period-End12,844,000
Treasury Shares at Period-End1,036,715
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¥4,752 million (YoY -15.4%)
Operating profit¥-468 million
Ordinary income¥-433 million
Profit attributable to owners of the parent¥-325 million
Net income per share-¥27.61
Equity ratioEnd of the current fiscal period 86.3 / End of previous period 82.1
Total assets¥27,176 million
Net assets¥23,456 million
Cash flows from operating activities2,562,780 Thousands of yen
Cash flows from investing activities-390,112 Thousands of yen
Cash flows from financing activities-530,581 Thousands of yen
Cash and cash equivalents at end of period9,176,224 Thousands of yen
Full-year earnings forecastNet Sales ¥16,000 million (YoY -7.6%) / Operating profit ¥660 million (YoY -62.3%) / Ordinary income ¥710 million (YoY -60.4%) / Net income ¥560 million (YoY -63.1%)
Revision to Earnings ForecastNet Sales No revision / Operating profit No revision / Ordinary income No revision / Net income No revision
Annual Dividend Forecast45 Yen → 50 Yen
Orders received and order backlogOrders received ¥6,161 million / Order backlog ¥18,113 million
Depreciation and amortization177,880 Thousands of yen
Breakdown of extraordinary income (loss)Current interim period Extraordinary income None / Extraordinary loss None / Interim period of the previous year Extraordinary income Gain on sale of non-current assets 314,526 Thousands of yen / Extraordinary loss Loss on sale of investment securities 1,125 Thousands of yen
Disclosure regarding the going concern assumptionNot applicable
Change in accounting policyChanges due to revisions to standards None / Other changes None / Change in accounting estimate None / Restatement None
Changes in the scope of consolidationNew 0 / Excluded 0 / Company name None
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for institutional investors and analysts)
Issued Shares at Period-End12,844,000
Treasury Shares at Period-End1,036,715
Factors Behind Changes in Business PerformancePartly due to the impact of lower orders than in the previous consolidated fiscal year, both sales and profit were below the year-earlier period.
Items this document does not state (8)
Operating MarginPayout ratioShareholder Return PolicySegment revenueSegment profitRegional salesImpairment 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.

The company states that, partly due to the impact of lower orders than in the previous consolidated fiscal year, both sales and profit were below the year-earlier period.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Fiscal year ending March 2027 Second Quarter (Interim Period) Earnings Summary [Japanese GAAP] (Consolidated) | NAGOYA ELECTRIC WORKS CO.,LTD. (6797) timely disclosure | Komori