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Financial results presentation6806HIROSE ELECTRIC CO.,LTD.Electrical Equipment and Precision Instruments

Briefing on Financial Results for the First Quarter of the Fiscal Year Ending March 2027

In the first quarter of the fiscal year ending March 2027, revenue and operating profit increased, driven by higher sales volumes in general industrial machinery and automotive and mobility-related products. As results are expected to exceed the initial forecast, particularly for general industrial machinery, the full-year earnings forecast was revised upward.

Worth reading
67In focus
Scored from 5 of 6 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
131.1
¥100 million
Wording
Avoiding a definitive answer
How definitive the wording is.

Contents of this document

Financial results presentationFirst quarter of the fiscal year ending March 202711 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥620.8 100 million+26.8%
Operating profit¥133.4 100 million+35.6%
Net income¥73.3 100 million+1.4%
Selling, general and administrative expenses¥123.8 100 million
Gross Profit Marginnot disclosed (cost of sales ratio: 58.1%, up 0.5 percentage points year on year)
Operating profit margin21.5%, up 1.4 percentage points year on year
Results for the three months of the current quarterRevenue of ¥62.08 billion, operating profit of ¥13.34 billion, profit before tax of ¥14.47 billion, and net income of ¥7.33 billion. All figures are standalone results for the first quarter of fiscal 2026.
Full-year earnings forecast
Net Sales
¥2,500 100 million
Operating profit
¥500 100 million
Profit before tax
¥530 100 million
Profit for the period
¥350 100 million
Earnings per share
¥1,069.63
Dividend per share
¥520
ROE
9.4 %
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
The launch of ヒロセSER is progressing as planned
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
  • Higher volumes¥55 100 million
  • Foreign Exchange Effects¥18 100 million
  • Higher personnel expenses¥-14 100 million
  • Higher depreciation and amortization¥-3 100 million
  • Other¥-3 100 million
  • Price optimization¥7 100 million
  • Higher materials and purchased-goods costs¥-25 100 million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
  • Assumptions1US$
    FY2025 actual¥150.77
    FY2026 forecast¥155.00
  • Assumptions1€
    FY2025 actual¥174.79
    FY2026 forecastJPY 180.00
  • AssumptionsKRW 100
    FY2025 actual¥10.59
    FY2026 forecast¥10.50
New initiatives
  • Construction of a new automotive AMC logistics center at ヒロセコリア (construction scheduled to begin in September 2026 and be completed in December 2027)
  • A share buyback of up to 700,000 shares and ¥15 billion will be conducted from 10 August to 30 November 2026
Key KPIsA metric the company considers important as a management benchmark.
  • Orders¥710.6 100 million
    Year on year against the same period last year+36.6%
  • General industrial machinery sales¥206 100 million
    Year on year against the same period last year+46.0%
  • Smartphone and mobile terminal sales¥108 100 million
    Year on year against the same period last year+4.0%
  • Consumer and mobile device sales¥95 100 million
    Year on year against the same period last year+10.0%
  • Automotive and mobility-related sales¥156 100 million
    Year on year against the same period last year+22.0%
  • Communications infrastructure equipment sales¥25 100 million
    Year on year against the same period last year+92.0%
Segment results
  • FieldGeneral industrial machinery
    Net Sales¥206 100 million
    Year on year against the same period last year+46.0%
  • FieldSmartphones and mobile devices
    Net Sales¥108 100 million
    Year on year against the same period last year+4.0%
  • FieldConsumer and mobile equipment
    Net Sales¥95 100 million
    Year on year against the same period last year+10.0%
  • FieldAutomotive and mobility-related products
    Net Sales¥156 100 million
    Year on year against the same period last year+22.0%
  • FieldTelecommunications infrastructure equipment
    Net Sales¥25 100 million
    Year on year against the same period last year+92.0%
  • FieldOffice automation equipment
    Net Sales¥5 100 million
  • FieldTotal connectors
    Net Sales¥594 100 million
  • FieldヒロセSER
    Net Sales¥11 100 million
    Year on year against the same period last yearnot_comparable
  • FieldOther
    Net Sales¥16 100 million
Orders received and order backlog
Orders received¥710.6 100 million
Capital expenditures
¥46 100 million first quarter of fiscal 2026
Annual Dividend
Annual dividend per share¥520
Interim¥260
End of period¥260
Payout ratio
48.6% (fiscal 2026 forecast)
Acquisition of treasury shares
Maximum number of shares to be repurchased700,000 Shares
Maximum purchase price15,000,000,000 Shares
Purchase price unit¥
Period10 August 2026 to 30 November 2026
Contents of this document
ItemDetails
Document typeFinancial results presentation
Fiscal Period CoveredFirst quarter of the fiscal year ending March 2027
Net Sales¥620.8 100 million (YoY +26.8%)
Operating profit¥133.4 100 million (YoY +35.6%)
Net income¥73.3 100 million (YoY +1.4%)
Gross Profit Marginnot disclosed (cost of sales ratio: 58.1%, up 0.5 percentage points year on year)
Operating profit margin21.5%, up 1.4 percentage points year on year
Selling, general and administrative expenses¥123.8 100 million
Results for the three months of the current quarterRevenue of ¥62.08 billion, operating profit of ¥13.34 billion, profit before tax of ¥14.47 billion, and net income of ¥7.33 billion. All figures are standalone results for the first quarter of fiscal 2026.
Full-year earnings forecastNet Sales ¥2,500 100 million / Operating profit ¥500 100 million / Profit before tax ¥530 100 million / Profit for the period ¥350 100 million / Earnings per share ¥1,069.63 / Dividend per share ¥520 / ROE 9.4 %
Self-assessment against the planThe launch of ヒロセSER is progressing as planned
Segment resultsField General industrial machinery / Net Sales ¥206 100 million / Year on year against the same period last year ¥46 100 million, Field Smartphones and mobile devices / Net Sales ¥108 100 million / Year on year against the same period last year ¥4 100 million, Field Consumer and mobile equipment / Net Sales ¥95 100 million / Year on year against the same period last year ¥10 100 million, Field Automotive and mobility-related products / Net Sales ¥156 100 million / Year on year against the same period last year ¥22 100 million, Field Telecommunications infrastructure equipment / Net Sales ¥25 100 million / Year on year against the same period last year ¥92 100 million, Field Office automation equipment / Net Sales ¥5 100 million / Year on year against the same period last year Not disclosed, Field Total connectors / Net Sales ¥594 100 million / Year on year against the same period last year Not disclosed, Field ヒロセSER / Net Sales ¥11 100 million / Year on year against the same period last year not_comparable, Field Other / Net Sales ¥16 100 million / Year on year against the same period last year Not disclosed
Breakdown of Factors Affecting the ChangeFactors Higher volumes / Amount ¥55 100 million, Factors Foreign Exchange Effects / Amount ¥18 100 million, Factors Higher personnel expenses / Amount ¥-14 100 million, Factors Higher depreciation and amortization / Amount ¥-3 100 million, Factors Other / Amount ¥-3 100 million, Factors Price optimization / Amount ¥7 100 million, Factors Higher materials and purchased-goods costs / Amount ¥-25 100 million
Key KPIsOrders ¥710.6 100 million, General industrial machinery sales ¥206 100 million, Smartphone and mobile terminal sales ¥108 100 million, Consumer and mobile device sales ¥95 100 million, Automotive and mobility-related sales ¥156 100 million, Communications infrastructure equipment sales ¥25 100 million
Assumptions Underlying the Business OutlookAssumptions 1US$ / FY2025 actual ¥150.77 / FY2026 forecast ¥155.00, Assumptions 1€ / FY2025 actual ¥174.79 / FY2026 forecast JPY 180.00, Assumptions KRW 100 / FY2025 actual ¥10.59 / FY2026 forecast ¥10.50
Annual DividendAnnual dividend per share ¥520 / Interim ¥260 / End of period ¥260
Payout ratio48.6% (fiscal 2026 forecast)
Acquisition of treasury sharesMaximum number of shares to be repurchased 700,000 Shares / Maximum purchase price 15,000,000,000 Shares / Purchase price unit ¥ / Period 10 August 2026 to 30 November 2026
Capital expenditures¥46 100 million (first quarter of fiscal 2026)
Orders received and order backlogOrders received ¥710.6 100 million / Order backlog Not disclosed
New initiativesConstruction of a new automotive AMC logistics center at ヒロセコリア (construction scheduled to begin in September 2026 and be completed in December 2027), A share buyback of up to 700,000 shares and ¥15 billion will be conducted from 10 August to 30 November 2026
Items this document does not state (10)
Ordinary incomeProgress against full-year forecastUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsMarket Size / ShareKey points of the Q&A

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 general industrial machinery, growth in factory automation-related business drove sales. Automotive and mobility-related products, communications infrastructure equipment, and ヒロセSER also recorded higher revenue. Higher volumes and an improved selling, general and administrative expense ratio pushed up operating profit, while increases in materials and purchasing costs, personnel expenses, and depreciation expenses weighed on profit. The full-year forecast was revised because results are expected to exceed the initial forecast, particularly in the general industrial machinery business.

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