Komori
Earnings6822Oi Electric Co.,Ltd.Electrical Equipment and Precision Instruments

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

Revenue for the interim period increased 17.5% year on year, while operating profit swung from a profit to a loss of ¥594 million due to higher raw material prices and increased selling, general and administrative expenses. Despite a gain on the sale of investment securities, interim net income attributable to owners of the parent also fell into the red.

Worth reading
64In focus
Scored from 5 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
17.5
% (year-on-year change in net sales)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAP
Net Sales13,908¥ millionYear on year +17.5%Progress 34.6%
Operating profit-594¥ million
Ordinary income-541¥ million
Net income attributable to owners of the parent-247¥ million

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–¥190.86
Financial position at period-end
Total assets29,005¥ million
of which net assets 9,590 ¥ millionEquity ratio 26.0%vs. prior year-end -5.8pt

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-744,407
Investment+323,110
Financials+602,999
Net change+181,702

Stacked from zero: upward is an increase in cash, downward a decrease (in Thousands of yen).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 period4,549,414 Thousands of yen
Segment revenueTelecommunications Equipment Manufacturing and Sales 8,784,587 Thousands of yen (YoY +21.3%), Network Construction and Maintenance 5,123,745 Thousands of yen (YoY +11.5%)
Segment profitTelecommunications Equipment Manufacturing and Sales -723,667 Thousands of yen, Network Construction and Maintenance 118,998 Thousands of yen
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥40,200 million (YoY +22.9%)
Operating profit¥1,600 million (YoY -9.7%)
Ordinary income¥1,550 million (YoY -4.8%)
Net income¥2,550 million (YoY +85.8%)
Revision to Earnings ForecastNo
Annual Dividend Forecast¥70 → ¥80
Factors Behind Changes in Business Performance

Revenue increased due to higher sales of information and communications equipment, while operating profit deteriorated because higher raw material prices worsened costs and research and development expenses, freight and packing costs, and other selling, general and administrative expenses increased.

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 No
Changes in the scope of consolidationNew No / Excluded No / Number of companies Not disclosed / Company name Not disclosed
Impairment loss106,020 Thousands of yen
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of investment securities 594,720 Thousands of yen / Extraordinary loss Impairment loss 106,020 Thousands of yen
Depreciation and amortization346,659 Thousands of yen
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End1,470,000
Treasury Shares at Period-End295,647
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 September 2026
Net Sales¥13,908 million (YoY +17.5%)
Operating profit¥-594 million
Ordinary income¥-541 million
Profit attributable to owners of the parent¥-247 million
Net income per share–¥190.86
Equity ratioEnd of the current fiscal period 26 / End of previous period 31.8
Total assets¥29,005 million
Net assets¥9,590 million
Cash flows from operating activities-744,407 Thousands of yen
Cash flows from investing activities323,110 Thousands of yen
Cash flows from financing activities602,999 Thousands of yen
Cash and cash equivalents at end of period4,549,414 Thousands of yen
Full-year earnings forecastNet Sales ¥40,200 million (YoY +22.9%) / Operating profit ¥1,600 million (YoY -9.7%) / Ordinary income ¥1,550 million (YoY -4.8%) / Net income ¥2,550 million (YoY +85.8%)
Revision to Earnings ForecastNo
Annual Dividend Forecast¥70 → ¥80
Segment revenueTelecommunications Equipment Manufacturing and Sales 8,784,587 Thousands of yen (YoY +21.3%), Network Construction and Maintenance 5,123,745 Thousands of yen (YoY +11.5%)
Segment profitTelecommunications Equipment Manufacturing and Sales -723,667 Thousands of yen, Network Construction and Maintenance 118,998 Thousands of yen
Depreciation and amortization346,659 Thousands of yen
Impairment loss106,020 Thousands of yen
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of investment securities 594,720 Thousands of yen / Extraordinary loss Impairment loss 106,020 Thousands of yen
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 No
Changes in the scope of consolidationNew No / Excluded No / Number of companies Not disclosed / 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-End1,470,000
Treasury Shares at Period-End295,647
Factors Behind Changes in Business PerformanceRevenue increased due to higher sales of information and communications equipment, while operating profit deteriorated because higher raw material prices worsened costs and research and development expenses, freight and packing costs, and other selling, general and administrative expenses increased.
Items this document does not state (6)
Operating MarginPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogMaterial 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.

Revenue increased due to a substantial rise in the manufacture and sale of information and communications equipment. Operating profit fell into the red as higher raw material prices worsened costs, while research and development expenses, freight and packing costs, and other selling, general and administrative expenses increased.

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.
Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated) | Oi Electric Co.,Ltd. (6822) timely disclosure | Komori