Komori
Results6803TEAC CORPORATIONElectrical and Precision Instruments

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

In the interim period of the fiscal year ending March 2027, revenue increased 6.3% year on year, while operating profit, profit before tax and interim profit attributable to owners of the parent all moved from losses to profits. The full-year earnings forecast has been revised following the recognition of a US tariff refund, among other factors.

Worth reading
45Recurring
Scored from 5 of 6 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
702
¥ million
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026–30 September 2026ConsolidatedIFRS
Net Sales7,693¥ millionYear on year +6.3%Progress 48.1%
Operating profit476¥ millionProgress 68.0%
Ordinary income403¥ millionProgress 73.3%
Net income attributable to owners of the parent388¥ millionProgress 77.6%

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¥13.47
Financial position at period-end
Total assets11,191¥ million
of which net assets 4,371 ¥ millionEquity ratio 39.1%vs. prior year-end +0.7pt

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+589
Investment-64
Financials-36
Net change+489

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¥2,634 million
Segment revenue
Audio Equipment Segment5,21271.5%+1.7%
Information Equipment Segment2,08028.5%+15.0%
Segment profit
Audio Equipment Segment90488.8%
Information Equipment Segment11411.2%
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥16,000 million (YoY +0.4%)
Operating profit¥700 million (YoY +3.5%)
Ordinary income¥550 million (YoY -10.2%)
Net income¥500 million (YoY -13.5%)
Revision to Earnings ForecastNet Sales Not disclosed → ¥16,000 million / Operating profit Not disclosed → ¥700 million / Ordinary income Not disclosed → ¥550 million / Net income Not disclosed → ¥500 million
Annual Dividend Forecast¥1 → ¥1(0.0%)
Factors Behind Changes in Business Performance

In addition to strong performance in the professional audio equipment business (TASCAM brand) and the Information Equipment segment, a refund related to US tariff measures was recognized.

Disclosure regarding the going concern assumption

None

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 Not disclosed
Changes in the scope of consolidationNew 0 / Excluded 0 / Company name Not applicable
Material subsequent eventsThere were no material subsequent events.
Depreciation and amortization¥246 million
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo
Issued Shares at Period-End28,931,713
Treasury Shares at Period-End130,550
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsIFRS
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026–30 September 2026
Net Sales¥7,693 million (YoY +6.3%)
Operating profit¥476 million
Ordinary income¥403 million
Profit attributable to owners of the parent¥388 million
Net income per share¥13.47
Equity ratioEnd of the current fiscal period 39.1 / End of previous period 38.4
Total assets¥11,191 million
Net assets¥4,371 million
Cash flows from operating activities¥589 million
Cash flows from investing activities¥-64 million
Cash flows from financing activities¥-36 million
Cash and cash equivalents at end of period¥2,634 million
Full-year earnings forecastNet Sales ¥16,000 million (YoY +0.4%) / Operating profit ¥700 million (YoY +3.5%) / Ordinary income ¥550 million (YoY -10.2%) / Net income ¥500 million (YoY -13.5%)
Revision to Earnings ForecastNet Sales Not disclosed → ¥16,000 million / Operating profit Not disclosed → ¥700 million / Ordinary income Not disclosed → ¥550 million / Net income Not disclosed → ¥500 million
Annual Dividend Forecast¥1 → ¥1(0.0%)
Segment revenueAudio Equipment Segment ¥5,212 million (YoY +1.7%) / Information Equipment Segment ¥2,080 million (YoY +15.0%)
Segment profitAudio Equipment Segment ¥904 million / Information Equipment Segment ¥114 million
Depreciation and amortization¥246 million
Disclosure regarding the going concern assumptionNone
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement Not disclosed
Changes in the scope of consolidationNew 0 / Excluded 0 / Company name Not applicable
Material subsequent eventsThere were no material subsequent events.
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo
Issued Shares at Period-End28,931,713
Treasury Shares at Period-End130,550
Factors Behind Changes in Business PerformanceIn addition to strong performance in the professional audio equipment business (TASCAM brand) and the Information Equipment segment, a refund related to US tariff measures was recognized.
Items this document does not state (7)
Operating MarginPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogImpairment lossBreakdown of extraordinary income (loss)

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.

In addition to strong performance in the professional audio equipment business (TASCAM brand) and the Information Equipment segment, a refund related to US tariff measures was recognized.

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.
Summary of Consolidated Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [IFRS] | TEAC CORPORATION (6803) timely disclosure | Komori