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Earnings6838TAMAGAWA HOLDINGS CO.,LTD.Electrical Equipment and Precision Instruments

Summary of Consolidated Financial Results for the Second Quarter of the Fiscal Year Ending October 2026 (IFRS)

For the six months ended 30 April 2026, revenue increased 45.3% year on year and operating profit increased 275.2%, resulting in substantial growth in both revenue and profit. The full-year earnings forecast was revised upward, and the year-end dividend forecast was increased from ¥5 to ¥10 per share.

Worth reading
67In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
45.3
Year-on-year change in revenue (%)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 November 2025 to 30 April 2026ConsolidatedIFRS
Net Sales3,742¥ millionYear on year +45.3%Progress 53.8%
Operating profit751¥ millionYear on year +275.2%Progress 91.6%
Ordinary income2,307¥ millionYear on year +1,565.7%
Net income attributable to owners of the parent1,832¥ millionYear on year +2,804.2%Progress 99.8%

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¥253.57
Financial position at period-end
Total assets15,116¥ million
of which net assets 9,120 ¥ millionEquity ratio 60.3%vs. prior year-end +13.2pt

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+1,340,590
Investment-30,967
Financials+1,257,794
Net change+2,567,417

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¥3,795,285 thousand
Segment revenueElectronic and Communications Equipment Business ¥3,449,475 thousand (YoY +53.0%), Renewable energy business ¥293,414 thousand (YoY -9.0%)
Segment profitElectronic and Communications Equipment Business ¥900,284 thousand (YoY +187.3%), Renewable energy business ¥83,346 thousand (YoY +4.8%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥6,950 million
Operating profit¥820 million
Ordinary incomeNot disclosed
Net income¥1,835 million
Revision to Earnings ForecastNet Sales ¥6,620 million → ¥6,950 million(+5.0%) / Operating profit ¥560 million → ¥820 million(+46.4%) / Profit for the year attributable to owners of the parent ¥730 million → ¥1,835 million(+151.4%) / Basic earnings per share ¥106.03 → ¥205.89(+94.2%)
Annual Dividend Forecast¥5 → ¥10(+100.0%)
Factors Behind Changes in Business Performance

The factors contributing to changes in performance were the transition of core products to the mass-production phase, large orders, and steady production in the Electronic and Telecommunications Equipment Business. The recognition of valuation gains on overseas equities as finance income also contributed to the increase in profit attributable to owners of the parent.

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 Not disclosed
Changes in the scope of consolidationNew Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed
Material subsequent eventsIn May 2026, the Company entered into a purchase agreement for a grid-scale battery storage facility in Miyama, Fukuoka Prefecture, scheduled to be connected to the grid in July 2026.
Depreciation and amortization¥188,569 thousand
Orders received and order backlogOrders received ¥4,295 million / Order backlog Not disclosed
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End8,912,700 Shares
Treasury Shares at Period-End61,508 Shares
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsIFRS
Consolidated / non-consolidatedConsolidated
Period Covered1 November 2025 to 30 April 2026
Net Sales¥3,742 million (YoY +45.3%)
Operating profit¥751 million (YoY +275.2%)
Ordinary income¥2,307 million (YoY +1,565.7%)
Profit attributable to owners of the parent¥1,832 million (YoY +2,804.2%)
Net income per share¥253.57
Equity ratioEnd of the current fiscal period 60.3 / End of previous period 47.1
Total assets¥15,116 million
Net assets¥9,120 million
Cash flows from operating activities¥1,340,590 thousand
Cash flows from investing activities¥-30,967 thousand
Cash flows from financing activities¥1,257,794 thousand
Cash and cash equivalents at end of period¥3,795,285 thousand
Full-year earnings forecastNet Sales ¥6,950 million / Operating profit ¥820 million / Ordinary income Not disclosed / Net income ¥1,835 million
Revision to Earnings ForecastNet Sales ¥6,620 million → ¥6,950 million(+5.0%) / Operating profit ¥560 million → ¥820 million(+46.4%) / Profit for the year attributable to owners of the parent ¥730 million → ¥1,835 million(+151.4%) / Basic earnings per share ¥106.03 → ¥205.89(+94.2%)
Annual Dividend Forecast¥5 → ¥10(+100.0%)
Segment revenueElectronic and Communications Equipment Business ¥3,449,475 thousand (YoY +53.0%), Renewable energy business ¥293,414 thousand (YoY -9.0%)
Segment profitElectronic and Communications Equipment Business ¥900,284 thousand (YoY +187.3%), Renewable energy business ¥83,346 thousand (YoY +4.8%)
Orders received and order backlogOrders received ¥4,295 million / Order backlog Not disclosed
Depreciation and amortization¥188,569 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 Not disclosed
Changes in the scope of consolidationNew Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed
Material subsequent eventsIn May 2026, the Company entered into a purchase agreement for a grid-scale battery storage facility in Miyama, Fukuoka Prefecture, scheduled to be connected to the grid in July 2026.
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End8,912,700 Shares
Treasury Shares at Period-End61,508 Shares
Factors Behind Changes in Business PerformanceThe factors contributing to changes in performance were the transition of core products to the mass-production phase, large orders, and steady production in the Electronic and Telecommunications Equipment Business. The recognition of valuation gains on overseas equities as finance income also contributed to the increase in profit attributable to owners of the parent.
Items this document does not state (6)
Operating MarginPayout ratioShareholder Return PolicyRegional salesImpairment lossBreakdown of extraordinary income (loss)

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.

Performance was driven by the transition of core products to the mass-production phase in the Electronic and Telecommunications Equipment Business, the acquisition of large orders, and steady production. In addition, the recognition of valuation gains on overseas equities as finance income following the adoption of IFRS increased profit for the interim period attributable to owners of the parent.

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Summary of Consolidated Financial Results for the Second Quarter of the Fiscal Year Ending October 2026 (IFRS) | TAMAGAWA HOLDINGS CO.,LTD. (6838) timely disclosure | Komori