Komori
Results6837KYOSHA CO.,LTD.Electric Appliances & Precision Instruments

Second-quarter (interim-period) Financial Results for the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated)

For the six months ended September 2026, revenue, operating profit, ordinary profit and interim profit attributable to owners of the parent all exceeded the year-earlier period. The full-year earnings forecast was revised, and the annual dividend forecast was raised from ¥5 in the previous fiscal year to ¥19.

Worth reading
53Recurring
Scored from 5 of 6 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
155.7
Year-on-year change in operating profit (%)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAP
Net Sales13,610¥ millionYear on year +10.2%Progress 48.6%
Operating profit866¥ millionYear on year +155.7%Progress 49.5%
Ordinary income679¥ millionYear on year +209.8%Progress 48.5%
Net income attributable to owners of the parent444¥ millionYear on year +311.3%

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¥30.87
Financial position at period-end
Total assets26,209¥ million
of which net assets 10,935 ¥ millionEquity ratio 40.7%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+372
Investment-214
Financials+51
Net change+209

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¥5,836 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥28,000 million (YoY +13.4%)
Operating profit¥1,750 million (YoY +112.0%)
Ordinary income¥1,400 million (YoY +155.8%)
Profit attributable to owners of the parent¥900 million
Annual Dividend Forecast¥5 → ¥19(+280.0%)
Factors Behind Changes in Business Performance

In Japan, orders were strong for consumer electronics such as LED lighting, new automotive-related products, industrial equipment such as AI servers, and aircraft-related products. Overseas, orders increased in Indonesia's office equipment sector, for automotive and LED lighting applications in China, and in India's automotive sector. Profit increased due to appropriate pricing in Japan, higher revenue in the assembly business and a substantial increase in revenue in Indonesia.

Disclosure regarding the going concern assumption

Not applicable

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 consolidationNone in either additions or exclusions (no material changes)
Breakdown of extraordinary income (loss)Extraordinary income Item Gain on sale of property, plant and equipment / Amount ¥0 million / Extraordinary loss Item Loss on sale of property, plant and equipment / Amount ¥0 million, Item Loss on disposal of property, plant and equipment / Amount ¥4 million
Depreciation and amortization¥569 million
Availability of Financial Results BriefingYes (for institutional investors and analysts)
Issued Shares at Period-End14,624,000 shares
Treasury Shares at Period-End289,487 shares
Supplementary financial results materialsAvailable
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¥13,610 million (YoY +10.2%)
Operating profit¥866 million (YoY +155.7%)
Ordinary income¥679 million (YoY +209.8%)
Profit attributable to owners of the parent¥444 million (YoY +311.3%)
Net income per share¥30.87
Equity ratioEnd of the current fiscal period 40.7 / End of previous period 39.6
Total assets¥26,209 million
Net assets¥10,935 million
Cash flows from operating activities¥372 million
Cash flows from investing activities¥-214 million
Cash flows from financing activities¥51 million
Cash and cash equivalents at end of period¥5,836 million
Full-year earnings forecastNet Sales ¥28,000 million (YoY +13.4%) / Operating profit ¥1,750 million (YoY +112.0%) / Ordinary income ¥1,400 million (YoY +155.8%) / Profit attributable to owners of the parent ¥900 million
Annual Dividend Forecast¥5 → ¥19(+280.0%)
Depreciation and amortization¥569 million
Breakdown of extraordinary income (loss)Extraordinary income Item Gain on sale of property, plant and equipment / Amount ¥0 million / Extraordinary loss Item Loss on sale of property, plant and equipment / Amount ¥0 million, Item Loss on disposal of property, plant and equipment / Amount ¥4 million
Disclosure regarding the going concern assumptionNot applicable
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 consolidationNone in either additions or exclusions (no material changes)
Supplementary financial results materialsAvailable
Availability of Financial Results BriefingYes (for institutional investors and analysts)
Issued Shares at Period-End14,624,000 shares
Treasury Shares at Period-End289,487 shares
Factors Behind Changes in Business PerformanceIn Japan, orders were strong for consumer electronics such as LED lighting, new automotive-related products, industrial equipment such as AI servers, and aircraft-related products. Overseas, orders increased in Indonesia's office equipment sector, for automotive and LED lighting applications in China, and in India's automotive sector. Profit increased due to appropriate pricing in Japan, higher revenue in the assembly business and a substantial increase in revenue in Indonesia.
Items this document does not state (10)
Operating MarginRevision to Earnings ForecastPayout ratioShareholder Return PolicySegment revenueSegment profitRegional salesOrders 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.

Revenue increased due to higher orders for consumer electronics such as LED lighting, new automotive-related products, and products for AI servers and aircraft. On the profit side, increased profit was driven by appropriate pricing in the domestic printed wiring board business, higher revenue in the assembly business and a substantial increase in revenue in Indonesia.

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