Komori
Earnings6806HIROSE ELECTRIC CO.,LTD.Electrical Equipment and Precision Instruments

Summary of Financial Results for the First Quarter of the Fiscal Year Ending March 2027 (IFRS, Consolidated)

In Q1 FY2027, revenue and operating profit increased substantially, driven by factors including AI-related investment, while growth in quarterly profit attributable to owners of the parent was modest due to the recognition of corporate income tax expense following the results of a tax audit. The full-year earnings forecast was revised upward based on foreign exchange trends and the general industrial equipment business, while the full-year dividend forecast was left unchanged at ¥520 per share. The Company also resolved to acquire treasury shares.

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
20000
¥ million (increase in full-year revenue forecast)
Wording
Conditional
How definitive the wording is.

Results for this period

First quarter1 April 2026 to 30 June 2026ConsolidatedIFRS
Net Sales62,085¥ millionYear on year +26.8%Progress 24.8%
Operating profit13,338¥ millionYear on year +35.6%Progress 26.7%
Ordinary income14,466¥ millionYear on year +41.3%Progress 27.3%
Net income attributable to owners of the parent7,331¥ millionYear on year +1.4%Progress 20.9%

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¥224.03
Financial position at period-end
Total assets439,267¥ million
of which net assets 379,449 ¥ millionEquity ratio 86.4%vs. prior year-end -1.3pt

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+12,197
Investment+19,196
Financials-8,940
Net change+22,453

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¥110,299 million
Segment revenue
Multi-pin connectors54,12587.2%+24.6%
Coaxial connectors5,2468.4%+21.4%
Other2,7144.4%+122.8%
Segment profit
Multi-pin connectors11,53286.5%+34.1%
Coaxial connectors1,46811.0%+15.3%
Other3382.5%
Regional sales
Japan12,02619.4%
China20,92633.7%
South Korea9,83915.8%
Other19,29431.1%
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥250,000 million (YoY +18.3%)
Operating profit¥50,000 million (YoY +16.3%)
Ordinary income¥53,000 million (YoY +13.7%)
Net income¥35,000 million (YoY +5.6%)
Revision to Earnings ForecastSecond quarter (cumulative) Net Sales 115,000 / Operating profit 23,000 / Ordinary income 24,000 / Net income 17,000 / Full year Net Sales 230,000 / Operating profit 46,000 / Ordinary income 48,000 / Net income 34,000 → Second quarter (cumulative) Net Sales 125,000 / Operating profit 25,500 / Ordinary income 27,500 / Net income 16,500 / Full year Net Sales 250,000 / Operating profit 50,000 / Ordinary income 53,000 / Net income 35,000(Second quarter (cumulative) Net Sales 8.7 / Operating profit 10.9 / Ordinary income 14.6 / Net income -2.9 / Full year Net Sales 8.7 / Operating profit 8.7 / Ordinary income 10.4 / Net income 2.9)
Annual Dividend Forecast¥505 per share → ¥520 per share(+3.0%)
Factors Behind Changes in Business Performance

Demand for electronic components remained firm against a backdrop of expanding capital investment demand, particularly for semiconductors and data centers, driven by AI-related investment. Increased orders and sales in the business serving the industrial equipment market drove results. Sales also increased in each region in the business serving the automotive equipment market. At the same time, corporate income tax expense was recognized following the results of a tax audit.

Disclosure regarding the going concern assumption

Not applicable.

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 consolidation0 newly consolidated companies and 0 excluded companies. No company names provided.
Material subsequent eventsAcquisition of treasury shares. The Company resolved to conduct market purchases from 10 August 2026 to 30 November 2026, with an upper limit of 700,000 common shares and a total acquisition price of ¥1.5 billion.
Impairment loss¥163 million
Depreciation and amortization¥4,949 million
Availability of Financial Results BriefingAvailable (for institutional investors and analysts)
Issued Shares at Period-End34,530,435
Treasury Shares at Period-End1,808,925
Supplementary financial results materialsYes
Results for this period
ItemDetails
Fiscal Period ClassificationFirst quarter
Accounting standardsIFRS
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 June 2026
Net Sales¥62,085 million (YoY +26.8%)
Operating profit¥13,338 million (YoY +35.6%)
Ordinary income¥14,466 million (YoY +41.3%)
Profit attributable to owners of the parent¥7,331 million (YoY +1.4%)
Net income per share¥224.03
Equity ratioEnd of the current fiscal period 86.4 / End of previous period 87.7
Total assets¥439,267 million
Net assets¥379,449 million
Cash flows from operating activities¥12,197 million
Cash flows from investing activities¥19,196 million
Cash flows from financing activities¥-8,940 million
Cash and cash equivalents at end of period¥110,299 million
Full-year earnings forecastNet Sales ¥250,000 million (YoY +18.3%) / Operating profit ¥50,000 million (YoY +16.3%) / Ordinary income ¥53,000 million (YoY +13.7%) / Net income ¥35,000 million (YoY +5.6%)
Revision to Earnings ForecastSecond quarter (cumulative) Net Sales 115,000 / Operating profit 23,000 / Ordinary income 24,000 / Net income 17,000 / Full year Net Sales 230,000 / Operating profit 46,000 / Ordinary income 48,000 / Net income 34,000 → Second quarter (cumulative) Net Sales 125,000 / Operating profit 25,500 / Ordinary income 27,500 / Net income 16,500 / Full year Net Sales 250,000 / Operating profit 50,000 / Ordinary income 53,000 / Net income 35,000(Second quarter (cumulative) Net Sales 8.7 / Operating profit 10.9 / Ordinary income 14.6 / Net income -2.9 / Full year Net Sales 8.7 / Operating profit 8.7 / Ordinary income 10.4 / Net income 2.9)
Annual Dividend Forecast¥505 per share → ¥520 per share(+3.0%)
Segment revenueMulti-pin connectors ¥54,125 million (YoY +24.6%) / Coaxial connectors ¥5,246 million (YoY +21.4%) / Other ¥2,714 million (YoY +122.8%)
Segment profitMulti-pin connectors ¥11,532 million (YoY +34.1%) / Coaxial connectors ¥1,468 million (YoY +15.3%) / Other ¥338 million
Regional salesJapan ¥12,026 million / China ¥20,926 million / South Korea ¥9,839 million / Other ¥19,294 million
Depreciation and amortization¥4,949 million
Impairment loss¥163 million
Disclosure regarding the going concern assumptionNot applicable.
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 consolidation0 newly consolidated companies and 0 excluded companies. No company names provided.
Material subsequent eventsAcquisition of treasury shares. The Company resolved to conduct market purchases from 10 August 2026 to 30 November 2026, with an upper limit of 700,000 common shares and a total acquisition price of ¥1.5 billion.
Supplementary financial results materialsYes
Availability of Financial Results BriefingAvailable (for institutional investors and analysts)
Issued Shares at Period-End34,530,435
Treasury Shares at Period-End1,808,925
Factors Behind Changes in Business PerformanceDemand for electronic components remained firm against a backdrop of expanding capital investment demand, particularly for semiconductors and data centers, driven by AI-related investment. Increased orders and sales in the business serving the industrial equipment market drove results. Sales also increased in each region in the business serving the automotive equipment market. At the same time, corporate income tax expense was recognized following the results of a tax audit.
Items this document does not state (5)
Operating MarginPayout ratioShareholder Return PolicyOrders 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.

The Company cited foreign exchange trends and the expectation that the business primarily serving the general industrial equipment market would outperform the previous forecast as reasons for revising its full-year earnings forecast. Regarding first-quarter results, it cited expanding capital investment demand, particularly for semiconductors and data centers, driven by active AI-related investment, as well as increased orders and sales in the business serving the industrial equipment market. The Company also stated that the results of a tax audit of a major subsidiary had been recognized as corporate income tax expense.

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 Financial Results for the First Quarter of the Fiscal Year Ending March 2027 (IFRS, Consolidated) | HIROSE ELECTRIC CO.,LTD. (6806) timely disclosure | Komori