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Earnings presentation6844Shindengen Electric Manufacturing Co.,Ltd.Electrical Equipment and Precision Instruments

Supplementary Financial Results Materials for the First Quarter of the Fiscal Year Ending March 2027

In the first quarter of the fiscal year ending March 2027, revenue increased, driven by sales for two-wheel vehicles in the Power Units business and businesses acquired through M&A. Operating profit and net income decreased, however, due to higher material and labor costs.

Worth reading
62In focus
Scored from 3 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
-515
¥ millions (year-on-year change in operating income)
Wording
Definitive
How definitive the wording is.

Contents of this document

Supplementary materials to the earnings reportFirst quarter of the fiscal year ending March 20274 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥29,287 million+7.7%
Operating profit¥939 million-35.4%
Ordinary income¥1,203 million-16.7%
Net income¥823 million-43.3%
Operating profit margin3.2 %
Results for the three months of the current quarter
Net Sales
¥29,287 million
Operating profit
¥939 million
Ordinary income
¥1,203 million
Quarterly net income
¥823 million
Full-year earnings forecast
Net Sales
¥121,200 million
Operating profit
¥4,000 million
Power Devices Revenue
¥43,300 million
Power Devices Operating Profit
¥3,000 million
Power Units Revenue
¥71,600 million
Power Units Operating Profit
¥4,300 million
Power Systems Revenue
¥6,200 million
Power Systems Operating Profit
¥700 million
What the company explained in this material
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Non-Consolidated Transaction Value Rate
159.86 JPY/USD
New initiatives
  • Increased investment in AI-related initiatives
  • Leveraging the business acquired through M&A in the previous fourth quarter
Key KPIsA metric the company considers important as a management benchmark.
  • Share of total product sales to the automotive sector67.9 %
  • Share of total product sales to the industrial equipment sector17.2 %
  • Share of total product sales to the consumer electronics sector8.3 %
  • Share of semiconductor sales to the automotive sector47.1 %
  • Share of semiconductor sales to the industrial equipment sector29.1 %
  • Share of semiconductor sales to the consumer electronics sector20 %
Segment results
  • Power Devices
    Net Sales¥10,120 million
    Revenue_yoy_pct20.4
    Operating profit¥901 million
    Operating profit_yoy_pct-0.5
  • Power Units
    Net Sales¥18,028 million
    Revenue_yoy_pct4.8
    Operating profit¥1,071 million
    Operating profit_yoy_pct-13.7
  • Power Systems
    Net Sales¥1,101 million
    Revenue_yoy_pct-28.4
    Operating profit¥-44 million
  • Other
    Net Sales¥36 million
    Operating profit¥18 million
Contents of this document
ItemDetails
Document typeSupplementary materials to the earnings report
Fiscal Period CoveredFirst quarter of the fiscal year ending March 2027
Net Sales¥29,287 million (YoY +7.7%)
Operating profit¥939 million (YoY -35.4%)
Ordinary income¥1,203 million (YoY -16.7%)
Net income¥823 million (YoY -43.3%)
Operating profit margin3.2 %
Results for the three months of the current quarterNet Sales ¥29,287 million / Operating profit ¥939 million / Ordinary income ¥1,203 million / Quarterly net income ¥823 million
Full-year earnings forecastNet Sales ¥121,200 million / Operating profit ¥4,000 million / Power Devices Revenue ¥43,300 million / Power Devices Operating Profit ¥3,000 million / Power Units Revenue ¥71,600 million / Power Units Operating Profit ¥4,300 million / Power Systems Revenue ¥6,200 million / Power Systems Operating Profit ¥700 million
Segment resultsSegment Power Devices / Net Sales ¥10,120 million / Revenue_yoy_pct 20.4 / Operating profit ¥901 million / Operating profit_yoy_pct -0.5, Segment Power Units / Net Sales ¥18,028 million / Revenue_yoy_pct 4.8 / Operating profit ¥1,071 million / Operating profit_yoy_pct -13.7, Segment Power Systems / Net Sales ¥1,101 million / Revenue_yoy_pct -28.4 / Operating profit ¥-44 million, Segment Other / Net Sales ¥36 million / Operating profit ¥18 million
Key KPIsIndicator name Share of total product sales to the automotive sector / Value 67.9 %, Indicator name Share of total product sales to the industrial equipment sector / Value 17.2 %, Indicator name Share of total product sales to the consumer electronics sector / Value 8.3 %, Indicator name Share of semiconductor sales to the automotive sector / Value 47.1 %, Indicator name Share of semiconductor sales to the industrial equipment sector / Value 29.1 %, Indicator name Share of semiconductor sales to the consumer electronics sector / Value 20 %
Assumptions Underlying the Business OutlookNon-Consolidated Transaction Value Rate 159.86 JPY/USD
New initiativesIncreased investment in AI-related initiatives, Leveraging the business acquired through M&A in the previous fourth quarter
Items this document does not state (18)
Gross Profit MarginSelling, general and administrative expensesProgress against full-year forecastSelf-assessment against the planBreakdown of Factors Affecting the ChangeUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsAnnual DividendPayout ratioAcquisition of treasury sharesCapital expendituresOrders received and order backlogMarket Size / ShareKey points of the Q&A

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 as sales for two-wheel vehicles in the Power Units business remained solid and the business acquired through M&A in the previous fourth quarter contributed to results. Despite the positive effect of higher revenue, operating profit declined due to soaring material costs and increases in labor and other costs. Quarterly net income decreased because the Company had recorded extraordinary income in the same quarter of the previous year.

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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Supplementary Financial Results Materials for the First Quarter of the Fiscal Year Ending March 2027 | Shindengen Electric Manufacturing Co.,Ltd. (6844) timely disclosure | Komori