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Results6824NEW COSMOS ELECTRIC CO.,LTD.Electric Appliances & Precision Instruments

Summary of Consolidated Financial Results for the Six Months Ended September 30, 2026 (Fiscal Year Ending March 2027) [Japanese GAAP]

In the first half of the fiscal year ending March 2027, revenue declined 9.2% year on year and operating profit declined 36.2%, resulting in lower revenue and profit. The full-year earnings forecast and annual dividend forecast are both unchanged from the previous forecasts.

Worth reading
48Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Deterioration
Direction inferred from the company’s description.
Scale
-9.2
% (year-on-year change in net sales)
Wording
Definitive
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAP
Net Sales22,364¥ millionYear on year -9.2%Progress 43.9%
Operating profit2,563¥ millionYear on year -36.2%Progress 42.7%
Ordinary income2,719¥ millionYear on year -32.1%Progress 43.0%
Net income attributable to owners of the parent1,583¥ millionYear on year -41.7%Progress 39.7%

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¥130.14
Financial position at period-end
Total assets73,155¥ million
of which net assets 58,242 ¥ millionEquity ratio 73.8%vs. prior year-end +1.1pt

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+1,541,977
Investment-1,613,536
Financials-1,673,839
Net change-1,745,398

Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ thousand).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¥18,806,345 thousand
Regional sales
Japan12,08854.1%+9.3%
North America5,07122.7%-43.8%
Asia4,76521.3%+12.0%
Other4382.0%+43.2%
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 Forecast95 yen → 95 yen(0.0%)
Factors Behind Changes in Business Performance

In the household gas alarm business, sales were sluggish because the market for battery-powered methane alarms for North America did not gain full momentum. The industrial fixed gas detection and alarm systems business performed well, supported by semiconductor demand related to generative AI and data centers and demand from lithium-ion battery plants in China. Sales of portable gas detectors for commercial use were also strong, including sales to the LP gas industry.

Disclosure regarding the going concern assumption

None

Change in accounting policy
基準改正に伴う変更 Noneそれ以外の変更 None見積りの変更 None修正再表示 None
Changes in the scope of consolidationNew Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed
Breakdown of extraordinary income (loss)Extraordinary income Item Gain on sale of non-current assets / Amount ¥22,950 thousand, Item Gain on sale of investment securities / Amount ¥34,788 thousand / Extraordinary loss Item Loss on disposal of non-current assets / Amount ¥27,925 thousand
Depreciation and amortization¥796,789 thousand
Availability of Supplementary Financial Results MaterialsAvailable
Availability of Financial Results BriefingWhether applicable Available / Subject person Not disclosed
Issued Shares at Period-End12,561,000 shares
Treasury Shares at Period-End387,175 shares
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¥22,364 million (YoY -9.2%)
Operating profit¥2,563 million (YoY -36.2%)
Ordinary income¥2,719 million (YoY -32.1%)
Profit attributable to owners of the parent¥1,583 million (YoY -41.7%)
Net income per share¥130.14
Equity ratioEnd of the current fiscal period 73.8 / End of previous period 72.7
Total assets¥73,155 million
Net assets¥58,242 million
Cash flows from operating activities¥1,541,977 thousand
Cash flows from investing activities¥-1,613,536 thousand
Cash flows from financing activities¥-1,673,839 thousand
Cash and cash equivalents at end of period¥18,806,345 thousand
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 Forecast95 yen → 95 yen(0.0%)
Regional salesRegion Japan / Net Sales ¥12,088 million / Year on year against the same period last year ¥9.3 million, Region North America / Net Sales ¥5,071 million / Year on year against the same period last year ¥-43.8 million, Region Asia / Net Sales ¥4,765 million / Year on year against the same period last year ¥12 million, Region Other / Net Sales ¥438 million / Year on year against the same period last year ¥43.2 million
Depreciation and amortization¥796,789 thousand
Breakdown of extraordinary income (loss)Extraordinary income Item Gain on sale of non-current assets / Amount ¥22,950 thousand, Item Gain on sale of investment securities / Amount ¥34,788 thousand / Extraordinary loss Item Loss on disposal of non-current assets / Amount ¥27,925 thousand
Disclosure regarding the going concern assumptionNone
Change in accounting policyChanges due to revisions to standards None / Other changes None / Change in accounting estimate None / Restatement None
Changes in the scope of consolidationNew Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed
Availability of Supplementary Financial Results MaterialsAvailable
Availability of Financial Results BriefingWhether applicable Available / Subject person Not disclosed
Issued Shares at Period-End12,561,000 shares
Treasury Shares at Period-End387,175 shares
Factors Behind Changes in Business PerformanceIn the household gas alarm business, sales were sluggish because the market for battery-powered methane alarms for North America did not gain full momentum. The industrial fixed gas detection and alarm systems business performed well, supported by semiconductor demand related to generative AI and data centers and demand from lithium-ion battery plants in China. Sales of portable gas detectors for commercial use were also strong, including sales to the LP gas industry.
Items this document does not state (9)
Operating MarginRevision to Earnings ForecastPayout ratioShareholder Return PolicySegment revenueSegment 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.

In the household gas alarm business, the previously postponed installation deadline in New York City was finalized, but the market did not gain full momentum, and sales of battery-powered methane alarms for North America remained sluggish. Meanwhile, demand for industrial fixed gas detection and alarm systems was strong, driven by semiconductor demand related to generative AI and data centers and demand from lithium-ion battery plants in China. Sales of portable gas detectors for commercial use were also strong.

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Summary of Consolidated Financial Results for the Six Months Ended September 30, 2026 (Fiscal Year Ending March 2027) [Japanese GAAP] | NEW COSMOS ELECTRIC CO.,LTD. (6824) timely disclosure | Komori