Komori
Earnings6848DKK-TOA CORPORATIONElectrical Equipment and Precision Instruments

Summary of Financial Results for the Fiscal Year Ending March 2026 [Japanese GAAP] (Consolidated)

For the fiscal year ended March 2026, net sales declined slightly, while operating income fell substantially due to inventory valuation losses and rising costs. For the next fiscal year, net sales and operating income are expected to recover, and the annual dividend is scheduled to remain at ¥22 per share.

Worth reading
44Recurring
Scored from 4 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
63.9
Year-on-year decrease in operating income (%)
Wording
Conditional
How definitive the wording is.

Results for this period

Full year1 April 2025–31 March 2026ConsolidatedJapanese GAAP
Net Sales17,809¥ millionYear on year -1.4%Progress 94.2%
Operating profit483¥ millionYear on year -63.9%Progress 40.3%
Ordinary income600¥ millionYear on year -59.3%Progress 46.2%
Net income attributable to owners of the parent945¥ millionYear on year -15.1%Progress 103.8%

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¥48.00
Financial position at period-end
Total assets29,090¥ million
of which net assets 22,956 ¥ millionEquity ratio 78.9%vs. prior year-end +2.4pt

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+2,383
Investment-449
Financials-931
Net change+1,003

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¥6,059 million
Segment revenue
Measurement and Analytical Instruments Business17,56798.6%-1.4%
Real Estate Leasing Business2421.4%0.0%
Segment profit
Measurement and Analytical Instruments Business1,41891.0%-38.7%
Real Estate Leasing Business1409.0%
Regional sales
Japan15,44043.4%
China8272.3%
Other overseas1,5414.3%
Total17,80950.0%
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥18,900 million
Operating profit¥1,200 million
Ordinary income¥1,300 million
Net income¥910 million
Annual Dividend ForecastNot disclosed → ¥22 per share
Shareholder Return PolicyContinue to pay appropriate and stable progressive dividends, targeting a payout ratio of 30% or higher
Factors Behind Changes in Business Performance

Net sales declined due to delays in domestic semiconductor plant construction plans, soft demand for public infrastructure, and sales of environmental water quality meters in China falling below expectations. Operating income declined due to the recognition of inventory valuation losses, a higher cost-of-sales ratio resulting from rising labor and raw material costs, and increased research and development expenses.

Disclosure regarding the going concern assumption

No applicable matters.

Material subsequent eventsNo applicable matters.
Impairment lossNone in the current period
Breakdown of extraordinary income (loss)Extraordinary income Item Gain on sale of investment securities / Amount ¥687 million / Extraordinary loss Item Loss on Disposal of Fixed Assets / Amount ¥7 million
Depreciation and amortization¥732 million
Results for this period
ItemDetails
Fiscal Period ClassificationFull year
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2025–31 March 2026
Net Sales¥17,809 million (YoY -1.4%)
Operating profit¥483 million (YoY -63.9%)
Ordinary income¥600 million (YoY -59.3%)
Profit attributable to owners of the parent¥945 million (YoY -15.1%)
Net income per share¥48.00
Equity ratioEnd of the current fiscal period 78.9% / End of previous period 76.5%
Total assets¥29,090 million
Net assets¥22,956 million
Cash flows from operating activities¥2,383 million
Cash flows from investing activities¥-449 million
Cash flows from financing activities¥-931 million
Cash and cash equivalents at end of period¥6,059 million
Full-year earnings forecastNet Sales ¥18,900 million / Operating profit ¥1,200 million / Ordinary income ¥1,300 million / Net income ¥910 million
Annual Dividend ForecastNot disclosed → ¥22 per share
Shareholder Return PolicyContinue to pay appropriate and stable progressive dividends, targeting a payout ratio of 30% or higher
Segment revenueMeasurement and Analytical Instruments Business ¥17,567 million (YoY -1.4%) / Real Estate Leasing Business ¥242 million (YoY 0.0%)
Segment profitMeasurement and Analytical Instruments Business ¥1,418 million (YoY -38.7%) / Real Estate Leasing Business ¥140 million
Regional salesJapan ¥15,440 million / China ¥827 million / Other overseas ¥1,541 million / Total ¥17,809 million
Depreciation and amortization¥732 million
Impairment lossNone in the current period
Breakdown of extraordinary income (loss)Extraordinary income Item Gain on sale of investment securities / Amount ¥687 million / Extraordinary loss Item Loss on Disposal of Fixed Assets / Amount ¥7 million
Disclosure regarding the going concern assumptionNo applicable matters.
Material subsequent eventsNo applicable matters.
Factors Behind Changes in Business PerformanceNet sales declined due to delays in domestic semiconductor plant construction plans, soft demand for public infrastructure, and sales of environmental water quality meters in China falling below expectations. Operating income declined due to the recognition of inventory valuation losses, a higher cost-of-sales ratio resulting from rising labor and raw material costs, and increased research and development expenses.
Items this document does not state (10)
Operating MarginRevision to Earnings ForecastPayout ratioOrders received and order backlogChange in accounting policyChanges in the scope of consolidationAvailability of Supplementary Financial Results MaterialsAvailability of Financial Results BriefingIssued Shares at Period-EndTreasury Shares at Period-End

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.

Net sales declined due to delays in domestic semiconductor plant construction plans, soft demand for public infrastructure, and sluggish sales of environmental water quality meters in China. On the earnings side, results were affected by the recognition of inventory valuation losses, a higher cost-of-sales ratio due to rising labor and raw material costs, and increased research and development expenses.

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 Financial Results for the Fiscal Year Ending March 2026 [Japanese GAAP] (Consolidated) | DKK-TOA CORPORATION (6848) timely disclosure | Komori