Worth reading
55In focus
Scored from 5 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
11.5
Year-on-year change in revenue (%)Wording
Conditional
How definitive the wording is.Results for this period
Full year1 April 2025–31 March 2026ConsolidatedIFRSNet Sales211,264¥ millionYear on year +11.5%Progress 91.9%
Operating profit42,995¥ millionYear on year +0.8%Progress 93.5%
Ordinary income46,626¥ millionYear on year +0.9%Progress 97.1%
Net income attributable to owners of the parent33,142¥ millionYear on year +0.3%Progress 97.5%
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¥991.91
Operating Margin20.4%
Financial position at period-end
Total assets431,177¥ million
of which net assets 378,075 ¥ millionEquity ratio 87.7%vs. prior year-end -1.1pt
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+45,877
Investment-9,248
Financials-37,924
Net change-1,295
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¥87,335 million
Segment revenueMulti-pin connectors ¥185,814 million (YoY +8.8%), Coaxial connectors ¥18,338 million (YoY +34.2%), Other ¥7,112 million (YoY +45.0%)
Segment profitMulti-pin connectors ¥36,767 million (YoY -6.7%), Coaxial connectors ¥5,875 million (YoY +73.9%), Other ¥352 million
Regional salesRegion Japan / Current fiscal year ¥36,364 million / Prior-year period ¥29,704 million, Region China / Current fiscal year ¥77,277 million / Prior-year period ¥74,956 million, Region South Korea / Current fiscal year ¥35,751 million / Prior-year period ¥32,930 million, Region Other / Current fiscal year ¥61,872 million / Prior-year period ¥51,830 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥230,000 million (YoY +8.9%)
Operating profit¥46,000 million (YoY +7.0%)
Ordinary income¥48,000 million (YoY +2.9%)
Net income¥34,000 million (YoY +2.6%)
Annual Dividend Forecast¥505 → ¥520（+3.0%）
Payout ratio50
Shareholder Return PolicyTarget a dividend on equity (DOE) ratio of 5%. From fiscal 2026 through fiscal 2029, the Company plans to allocate 50–60% of cumulative operating cash flow to business investment and 40–50% to shareholder returns, and to conduct share buybacks from fiscal 2025 through fiscal 2028 with a cumulative limit of ¥60 billion.
Factors Behind Changes in Business Performance
Increased orders and sales in the industrial equipment market business and the ramp-up of production for new projects in the automotive equipment market business contributed to results, while the consumer equipment market business remained somewhat soft.
Disclosure regarding the going concern assumption
None ("There are 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 Not disclosed
Changes in the scope of consolidationNew 1 company (株式会社エス・イー・アール, now ヒロセSER株式会社) / Excluded 0 companies
Material subsequent eventsNo applicable matters.
Impairment loss¥643 million
Depreciation and amortization¥19,465 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (for institutional investors and analysts)
Issued Shares at Period-End35,693,969
Treasury Shares at Period-End2,972,750
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | IFRS |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2025–31 March 2026 |
| Net Sales | ¥211,264 million (YoY +11.5%) |
| Operating profit | ¥42,995 million (YoY +0.8%) |
| Ordinary income | ¥46,626 million (YoY +0.9%) |
| Profit attributable to owners of the parent | ¥33,142 million (YoY +0.3%) |
| Net income per share | ¥991.91 |
| Operating Margin | 20.4% |
| Equity ratio | End of the current fiscal period 87.7% / End of previous period 88.8% |
| Total assets | ¥431,177 million |
| Net assets | ¥378,075 million |
| Cash flows from operating activities | ¥45,877 million |
| Cash flows from investing activities | ¥-9,248 million |
| Cash flows from financing activities | ¥-37,924 million |
| Cash and cash equivalents at end of period | ¥87,335 million |
| Full-year earnings forecast | Net Sales ¥230,000 million (YoY +8.9%) / Operating profit ¥46,000 million (YoY +7.0%) / Ordinary income ¥48,000 million (YoY +2.9%) / Net income ¥34,000 million (YoY +2.6%) |
| Annual Dividend Forecast | ¥505 → ¥520（+3.0%） |
| Payout ratio | 50 |
| Shareholder Return Policy | Target a dividend on equity (DOE) ratio of 5%. From fiscal 2026 through fiscal 2029, the Company plans to allocate 50–60% of cumulative operating cash flow to business investment and 40–50% to shareholder returns, and to conduct share buybacks from fiscal 2025 through fiscal 2028 with a cumulative limit of ¥60 billion. |
| Segment revenue | Multi-pin connectors ¥185,814 million (YoY +8.8%), Coaxial connectors ¥18,338 million (YoY +34.2%), Other ¥7,112 million (YoY +45.0%) |
| Segment profit | Multi-pin connectors ¥36,767 million (YoY -6.7%), Coaxial connectors ¥5,875 million (YoY +73.9%), Other ¥352 million |
| Regional sales | Region Japan / Current fiscal year ¥36,364 million / Prior-year period ¥29,704 million, Region China / Current fiscal year ¥77,277 million / Prior-year period ¥74,956 million, Region South Korea / Current fiscal year ¥35,751 million / Prior-year period ¥32,930 million, Region Other / Current fiscal year ¥61,872 million / Prior-year period ¥51,830 million |
| Depreciation and amortization | ¥19,465 million |
| Impairment loss | ¥643 million |
| Disclosure regarding the going concern assumption | None ("There are no applicable matters.") |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement Not disclosed |
| Changes in the scope of consolidation | New 1 company (株式会社エス・イー・アール, now ヒロセSER株式会社) / Excluded 0 companies |
| Material subsequent events | No applicable matters. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Available (for institutional investors and analysts) |
| Issued Shares at Period-End | 35,693,969 |
| Treasury Shares at Period-End | 2,972,750 |
| Factors Behind Changes in Business Performance | Increased orders and sales in the industrial equipment market business and the ramp-up of production for new projects in the automotive equipment market business contributed to results, while the consumer equipment market business remained somewhat soft. |
Items this document does not state (3)
Revision to Earnings ForecastOrders received and order backlogBreakdown 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.Orders and sales increased across a broad range of applications and regions in the industrial equipment market business, while the ramp-up of production for new projects contributed to the automotive equipment market business. The consumer equipment market business remained somewhat soft.
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.