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

Summary of Consolidated Financial Results for the First Quarter of the Fiscal Year Ending March 2027 [Japanese GAAP]

First-quarter net sales declined modestly, down 1.6% year on year, while operating profit fell 51.5% and net income attributable to owners of the parent declined 56.8%. The full-year earnings forecasts and annual dividend forecast remain unchanged.

Worth reading
47Recurring
Scored from 5 of 6 sections
Direction
Deterioration
Direction inferred from the company’s description.
Scale
-51.5
Year-on-year change in operating profit (%)
Wording
Conditional
How definitive the wording is.

Results for this period

First quarter1 April 2026 to 30 June 2026ConsolidatedJapanese GAAP
Net Sales10,810¥ millionYear on year -1.6%Progress 21.2%
Operating profit774¥ millionYear on year -51.5%Progress 12.9%
Ordinary income985¥ millionYear on year -36.2%Progress 15.6%
Net income attributable to owners of the parent412¥ millionYear on year -56.8%

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¥33.87
Financial position at period-end
Total assets72,374¥ million
of which net assets 56,817 ¥ millionEquity ratio 72.8%vs. prior year-end +0.1pt

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+929
Investment-637
Financials-1,469
Net change-1,177

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¥19,224 million
Regional sales
Japan5,88254.4%+16.2%
North America2,74825.4%-28.6%
Asia1,96718.2%+2.4%
Other2112.0%+38.5%
Segment revenueNot disclosed (omitted because the gas alarm business is the sole segment)
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%)
Profit attributable to owners of the parent¥3,985 million (YoY -23.5%)
Annual Dividend Forecast¥95 → ¥95(0.0%)
Factors Behind Changes in Business Performance

Household gas alarm-related products: battery-powered methane alarms for North America were sluggish due to the extension of New York City's deadline for installing gas alarms, while domestic-city-gas and LP-gas alarms performed well. Industrial fixed-type products: sales to Asia were strong, driven by semiconductor demand from data centers. Commercial portable products: products for the sewerage industry, alcohol detectors and intrinsically safe fan-equipped wear performed well.

Disclosure regarding the going concern assumption

None (the notes on going concern state that 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 No
Changes in the scope of consolidationAdded: 0 companies; excluded: 0 companies (company names not disclosed)
Breakdown of extraordinary income (loss)Extraordinary income Not disclosed / Extraordinary loss Loss on Disposal of Fixed Assets ¥0 thousand
Depreciation and amortization¥384,788 thousand
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (no attendees specified)
Issued Shares at Period-End12,561,000 Shares
Treasury Shares at Period-End392,034 Shares
Results for this period
ItemDetails
Fiscal Period ClassificationFirst quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 June 2026
Net Sales¥10,810 million (YoY -1.6%)
Operating profit¥774 million (YoY -51.5%)
Ordinary income¥985 million (YoY -36.2%)
Profit attributable to owners of the parent¥412 million (YoY -56.8%)
Net income per share¥33.87
Equity ratioEnd of the current fiscal period 72.8 / End of previous period 72.7
Total assets¥72,374 million
Net assets¥56,817 million
Cash flows from operating activities¥929 million
Cash flows from investing activities¥-637 million
Cash flows from financing activities¥-1,469 million
Cash and cash equivalents at end of period¥19,224 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%) / Profit attributable to owners of the parent ¥3,985 million (YoY -23.5%)
Annual Dividend Forecast¥95 → ¥95(0.0%)
Segment revenueNot disclosed (omitted because the gas alarm business is the sole segment)
Regional salesJapan ¥5,882 million (YoY +16.2%) / North America ¥2,748 million (YoY -28.6%) / Asia ¥1,967 million (YoY +2.4%) / Other ¥211 million (YoY +38.5%)
Depreciation and amortization¥384,788 thousand
Breakdown of extraordinary income (loss)Extraordinary income Not disclosed / Extraordinary loss Loss on Disposal of Fixed Assets ¥0 thousand
Disclosure regarding the going concern assumptionNone (the notes on going concern state that there are no 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 consolidationAdded: 0 companies; excluded: 0 companies (company names not disclosed)
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (no attendees specified)
Issued Shares at Period-End12,561,000 Shares
Treasury Shares at Period-End392,034 Shares
Factors Behind Changes in Business PerformanceHousehold gas alarm-related products: battery-powered methane alarms for North America were sluggish due to the extension of New York City's deadline for installing gas alarms, while domestic-city-gas and LP-gas alarms performed well. Industrial fixed-type products: sales to Asia were strong, driven by semiconductor demand from data centers. Commercial portable products: products for the sewerage industry, alcohol detectors and intrinsically safe fan-equipped wear performed well.
Items this document does not state (8)
Operating MarginRevision to Earnings ForecastPayout ratioShareholder Return PolicySegment profitOrders received and order backlogImpairment lossMaterial 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.

Sales of battery-powered methane alarms for North America remained sluggish following the extension of the deadline for installing gas alarms in New York City. By contrast, products for Asia, supported by semiconductor demand from data centers, and gas detectors for the sewerage industry performed well.

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 Consolidated Financial Results for the First Quarter of the Fiscal Year Ending March 2027 [Japanese GAAP] | NEW COSMOS ELECTRIC CO.,LTD. (6824) timely disclosure | Komori