Komori
Earnings6798SMK CorporationElectrical Equipment and Precision Instruments

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

In the first quarter of the fiscal year ending March 2027, net sales increased 4.0% year on year, while operating income turned positive, rising from an operating loss of ¥280 million in the prior-year period to operating income of ¥6 million. Ordinary income and net income attributable to owners of the parent also turned positive from losses.

Worth reading
52Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
286
¥ million
Wording
Conditional
How definitive the wording is.

Results for this period

First quarter1 April 2026 to 30 June 2026ConsolidatedJapanese GAAP
Net Sales11,472¥ millionYear on year +4.0%Progress 23.4%
Operating profit6¥ millionProgress 0.8%
Ordinary income307¥ millionProgress 25.6%
Net income attributable to owners of the parent154¥ millionProgress 19.3%

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¥24.40
Financial position at period-end
Total assets59,454¥ million
of which net assets 31,298 ¥ millionEquity ratio 52.6%vs. prior year-end -1.5pt

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.

Segment revenueCS Division ¥5,877 million (YoY +12.9%), SCI Division ¥5,592 million (YoY -3.6%), Innovation center ¥2 million (YoY -86.9%)
Segment profitCS Division ¥269 million (YoY +17.7%), SCI Division ¥-188 million, Innovation center ¥-74 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥49,000 million (YoY +1.7%)
Operating profit¥800 million (YoY +86.0%)
Ordinary income¥1,200 million (YoY -3.5%)
Net income¥800 million
Annual Dividend Forecast¥100 → ¥100(0.0%)
Factors Behind Changes in Business Performance

The CS Division exceeded the prior-year level in the mobility, consumer electronics and industrial machinery markets, while the SCI Division fell below the prior-year level due to a decline in the mobility market. The Innovation Center is pursuing selective concentration of its businesses and has concentrated resources on voice-based analytical technology and myoelectric sensors.

Disclosure regarding the going concern assumption

No applicable matters

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 Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed
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 ¥0 million, Impairment Losses ¥20 million
Depreciation and amortization¥649 million
Orders received and order backlogOrders received ¥13,423 million / Order backlog Not disclosed
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End7,200,000 shares
Treasury Shares at Period-End871,631 shares
Results for this period
ItemDetails
Fiscal Period ClassificationFirst quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 June 2026
Net Sales¥11,472 million (YoY +4.0%)
Operating profit¥6 million
Ordinary income¥307 million
Profit attributable to owners of the parent¥154 million
Net income per share¥24.40
Equity ratioEnd of the current fiscal period 52.6 % / End of previous period 54.1 %
Total assets¥59,454 million
Net assets¥31,298 million
Full-year earnings forecastNet Sales ¥49,000 million (YoY +1.7%) / Operating profit ¥800 million (YoY +86.0%) / Ordinary income ¥1,200 million (YoY -3.5%) / Net income ¥800 million
Annual Dividend Forecast¥100 → ¥100(0.0%)
Segment revenueCS Division ¥5,877 million (YoY +12.9%), SCI Division ¥5,592 million (YoY -3.6%), Innovation center ¥2 million (YoY -86.9%)
Segment profitCS Division ¥269 million (YoY +17.7%), SCI Division ¥-188 million, Innovation center ¥-74 million
Orders received and order backlogOrders received ¥13,423 million / Order backlog Not disclosed
Depreciation and amortization¥649 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 ¥0 million, Impairment Losses ¥20 million
Disclosure regarding the going concern assumptionNo applicable matters
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 Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End7,200,000 shares
Treasury Shares at Period-End871,631 shares
Factors Behind Changes in Business PerformanceThe CS Division exceeded the prior-year level in the mobility, consumer electronics and industrial machinery markets, while the SCI Division fell below the prior-year level due to a decline in the mobility market. The Innovation Center is pursuing selective concentration of its businesses and has concentrated resources on voice-based analytical technology and myoelectric sensors.
Items this document does not state (10)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodRevision to Earnings ForecastPayout ratioShareholder Return PolicyRegional salesMaterial 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 CS Division performed well in the mobility, consumer electronics and industrial machinery markets, while the information and communications market was sluggish. In the SCI Division, the mobility market declined, but the division is advancing structural reforms, including withdrawing from or scaling back unprofitable businesses, selectively concentrating resources, and reforming its personnel and cost structure.

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Summary of Financial Results for the First Quarter of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated) | SMK Corporation (6798) timely disclosure | Komori