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Earnings6824NEW COSMOS ELECTRIC CO.,LTD.Electrical Equipment and Precision Instruments

Financial Results for the Fiscal Year Ending March 2026 [Japanese GAAP] (Consolidated)

For the fiscal year ended March 2026, net sales, operating income, ordinary income and net income all exceeded the previous fiscal year's results, resulting in substantial increases in both revenue and earnings. For the fiscal year ending March 2027, the company expects a slight increase in net sales, but forecasts declines in operating income and below.

Worth reading
45Recurring
Scored from 5 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
42.6
Year-on-year change in operating income (%)
Wording
Conditional
How definitive the wording is.

Results for this period

Full year1 April 2025–31 March 2026ConsolidatedJapanese GAAP
Net Sales50,091¥ millionYear on year +18.8%Progress 98.2%
Operating profit7,351¥ millionYear on year +42.6%Progress 122.5%
Ordinary income7,921¥ millionYear on year +45.3%Progress 125.3%
Net income attributable to owners of the parent5,208¥ millionYear on year +54.2%Progress 130.7%

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¥424.88
Operating Margin14.7
Financial position at period-end
Total assets73,444¥ million
of which net assets 57,443 ¥ millionEquity ratio 72.7%vs. prior year-end +1.9pt

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+5,959
Investment-2,205
Financials-2,358
Net change+1,396

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¥20,245 million
Regional sales
Japan24,15248.2%
North America15,94431.8%
Asia9,33118.6%
Other6631.3%
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥51,000 million (YoY +1.8%)
Operating profit¥6,000 million (YoY -18.4%)
Ordinary income¥6,320 million (YoY -20.2%)
Net income¥3,985 million (YoY -23.5%)
Annual Dividend Forecast¥60 → ¥95(+58.3%)
Payout ratioFiscal year ending March 2026 22.4 % / Fiscal year ending March 2027 (forecast) 29 %
Factors Behind Changes in Business Performance

Sales of battery-powered methane alarms and gas sensors for alarms in North America and city gas alarms in Japan were strong. Sales of gas detectors and alcohol detectors for Japan's chemical industry, as well as maintenance services, were also strong or steady, while sales of gas detection alarms and gas sensors for the semiconductor industry were sluggish.

Disclosure regarding the going concern assumption

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 No
Changes in the scope of consolidationNew 0 / Excluded 0 / Company name None
Material subsequent eventsNo applicable matters.
Impairment lossNo applicable matters.
Breakdown of extraordinary income (loss)Extraordinary income No applicable matters. / Extraordinary loss Loss on Disposal of Fixed Assets ¥7,600 thousand
Depreciation and amortization¥1,634,936 thousand
Availability of Financial Results BriefingYes (audience: Not disclosed)
Issued Shares at Period-End12,561,000
Treasury Shares at Period-End391,999
Supplementary financial results materialsYes
Results for this period
ItemDetails
Fiscal Period ClassificationFull year
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2025–31 March 2026
Net Sales¥50,091 million (YoY +18.8%)
Operating profit¥7,351 million (YoY +42.6%)
Ordinary income¥7,921 million (YoY +45.3%)
Profit attributable to owners of the parent¥5,208 million (YoY +54.2%)
Net income per share¥424.88
Operating Margin14.7
Equity ratioEnd of the current fiscal period 72.7 / End of previous period 70.8
Total assets¥73,444 million
Net assets¥57,443 million
Cash flows from operating activities¥5,959 million
Cash flows from investing activities¥-2,205 million
Cash flows from financing activities¥-2,358 million
Cash and cash equivalents at end of period¥20,245 million
Full-year earnings forecastNet Sales ¥51,000 million (YoY +1.8%) / Operating profit ¥6,000 million (YoY -18.4%) / Ordinary income ¥6,320 million (YoY -20.2%) / Net income ¥3,985 million (YoY -23.5%)
Annual Dividend Forecast¥60 → ¥95(+58.3%)
Payout ratioFiscal year ending March 2026 22.4 % / Fiscal year ending March 2027 (forecast) 29 %
Regional salesRegion Japan / Net Sales ¥24,152 million / yoy_pct ¥6.5 million, Region North America / Net Sales ¥15,944 million / yoy_pct ¥77.8 million, Region Asia / Net Sales ¥9,331 million / yoy_pct ¥-6.2 million, Region Other / Net Sales ¥663 million / yoy_pct ¥22 million
Depreciation and amortization¥1,634,936 thousand
Impairment lossNo applicable matters.
Breakdown of extraordinary income (loss)Extraordinary income No applicable matters. / Extraordinary loss Loss on Disposal of Fixed Assets ¥7,600 thousand
Disclosure regarding the going concern assumptionNo applicable matters.
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 0 / Excluded 0 / Company name None
Material subsequent eventsNo applicable matters.
Supplementary financial results materialsYes
Availability of Financial Results BriefingYes (audience: Not disclosed)
Issued Shares at Period-End12,561,000
Treasury Shares at Period-End391,999
Factors Behind Changes in Business PerformanceSales of battery-powered methane alarms and gas sensors for alarms in North America and city gas alarms in Japan were strong. Sales of gas detectors and alcohol detectors for Japan's chemical industry, as well as maintenance services, were also strong or steady, while sales of gas detection alarms and gas sensors for the semiconductor industry were sluggish.
Items this document does not state (5)
Revision to Earnings ForecastShareholder Return PolicySegment revenueSegment profitOrders received and order backlog

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.

Sales of battery-powered methane alarms and gas sensors for alarms in North America, city gas alarms in Japan, and gas detectors and alcohol detectors for Japan's chemical industry were strong. For the next fiscal year, as the second year of its medium-term management plan, the company says it will pursue "deployment," aimed at monetizing its investments, and "expansion," aimed at building a foundation for future markets.

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 Fiscal Year Ending March 2026 [Japanese GAAP] (Consolidated) | NEW COSMOS ELECTRIC CO.,LTD. (6824) timely disclosure | Komori