Komori
Earnings6850Chino 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 increased 7.9% year on year and operating income increased 12.0%, with both reaching record highs. For the fiscal year ending March 2027, the Company expects higher sales and operating income, including net sales of ¥32,500 million and operating income of ¥3,300 million.

Worth reading
49Recurring
Scored from 5 of 6 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
12
% (year-on-year increase in operating profit)
Wording
Conditional
How definitive the wording is.

Results for this period

Full year1 April 2025–31 March 2026ConsolidatedJapanese GAAP
Net Sales31,648¥ millionYear on year +7.9%Progress 97.4%
Operating profit3,225¥ millionYear on year +12.0%Progress 97.7%
Ordinary income3,326¥ millionYear on year +9.6%Progress 97.8%
Net income attributable to owners of the parent2,042¥ millionYear on year +2.5%Progress 95.0%

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¥120.44
Operating Margin10.2%
Financial position at period-end
Total assets41,109¥ million
of which net assets 26,585 ¥ millionEquity ratio 56.9%vs. prior year-end -1.3pt

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+2,904
Investment-1,526
Financials+293
Net change+1,671

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¥9,281 million
Segment revenueMetering and control equipment ¥9,608 million (YoY -1.4%), Instrumentation systems ¥11,695 million (YoY +17.4%), Sensors ¥9,188 million (YoY +6.9%), Other (outside reportable segments) ¥1,155 million (YoY +12.3%)
Segment profitMetering and control equipment ¥1,479 million (YoY -2.1%), Instrumentation systems ¥1,663 million (YoY +7.2%), Sensors ¥2,098 million (YoY +23.0%), Other (outside reportable segments) ¥317 million (YoY +25.9%)
Regional sales¥24,482 million (YoY +5.8%), ¥6,401 million (YoY +15.7%), ¥469 million (YoY +4.8%), ¥201 million (YoY +33.8%), ¥94 million (YoY +59.4%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥32,500 million (YoY +2.7%)
Operating profit¥3,300 million (YoY +2.3%)
Ordinary income¥3,400 million (YoY +2.2%)
Net income¥2,150 million (YoY +5.3%)
Annual Dividend Forecast— (annual dividend for the fiscal year ended March 2026 is shown as "—" due to a share split) → ¥60
Payout ratio45.7%
Factors Behind Changes in Business Performance

Sales of instrumentation systems and sensors increased, while measurement and control equipment sales declined due to sluggish demand for OEM products for specific customers. Instrumentation systems grew on higher sales of fuel-cell evaluation and testing equipment, water-electrolysis evaluation equipment, and compressor evaluation and testing equipment for natural refrigerants. Sensor sales increased for temperature sensors and other products for semiconductor and electronic-component manufacturing equipment and ships.

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 No
Changes in the scope of consolidationNew 0 / Excluded 0 / Company name None
Material subsequent eventsNo applicable matters.
Impairment loss¥0 million (not applicable)
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of investment securities ¥4 million / Extraordinary loss Losses on disposal of fixed assets ¥7 million
Depreciation and amortization¥903 million
Orders received and order backlogOrders received ¥30,239 million / Order backlog Not disclosed
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable Yes / Subject person Institutional investors and analysts
Issued Shares at Period-End18,520,232 shares
Treasury Shares at Period-End1,795,938 shares
Results for this period
ItemDetails
Fiscal Period ClassificationFull year
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2025–31 March 2026
Net Sales¥31,648 million (YoY +7.9%)
Operating profit¥3,225 million (YoY +12.0%)
Ordinary income¥3,326 million (YoY +9.6%)
Profit attributable to owners of the parent¥2,042 million (YoY +2.5%)
Net income per share¥120.44
Operating Margin10.2%
Equity ratioEnd of the current fiscal period 56.9 / End of previous period 58.2
Total assets¥41,109 million
Net assets¥26,585 million
Cash flows from operating activities¥2,904 million
Cash flows from investing activities¥-1,526 million
Cash flows from financing activities¥293 million
Cash and cash equivalents at end of period¥9,281 million
Full-year earnings forecastNet Sales ¥32,500 million (YoY +2.7%) / Operating profit ¥3,300 million (YoY +2.3%) / Ordinary income ¥3,400 million (YoY +2.2%) / Net income ¥2,150 million (YoY +5.3%)
Annual Dividend Forecast— (annual dividend for the fiscal year ended March 2026 is shown as "—" due to a share split) → ¥60
Payout ratio45.7%
Segment revenueMetering and control equipment ¥9,608 million (YoY -1.4%), Instrumentation systems ¥11,695 million (YoY +17.4%), Sensors ¥9,188 million (YoY +6.9%), Other (outside reportable segments) ¥1,155 million (YoY +12.3%)
Segment profitMetering and control equipment ¥1,479 million (YoY -2.1%), Instrumentation systems ¥1,663 million (YoY +7.2%), Sensors ¥2,098 million (YoY +23.0%), Other (outside reportable segments) ¥317 million (YoY +25.9%)
Regional sales¥24,482 million (YoY +5.8%), ¥6,401 million (YoY +15.7%), ¥469 million (YoY +4.8%), ¥201 million (YoY +33.8%), ¥94 million (YoY +59.4%)
Orders received and order backlogOrders received ¥30,239 million / Order backlog Not disclosed
Depreciation and amortization¥903 million
Impairment loss¥0 million (not applicable)
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of investment securities ¥4 million / Extraordinary loss Losses on disposal of fixed assets ¥7 million
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 No
Changes in the scope of consolidationNew 0 / Excluded 0 / Company name None
Material subsequent eventsNo applicable matters.
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable Yes / Subject person Institutional investors and analysts
Issued Shares at Period-End18,520,232 shares
Treasury Shares at Period-End1,795,938 shares
Factors Behind Changes in Business PerformanceSales of instrumentation systems and sensors increased, while measurement and control equipment sales declined due to sluggish demand for OEM products for specific customers. Instrumentation systems grew on higher sales of fuel-cell evaluation and testing equipment, water-electrolysis evaluation equipment, and compressor evaluation and testing equipment for natural refrigerants. Sensor sales increased for temperature sensors and other products for semiconductor and electronic-component manufacturing equipment and ships.
Items this document does not state (2)
Revision to Earnings ForecastShareholder Return Policy

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.

Sales of instrumentation systems and sensors increased, driven particularly by fuel-cell and water-electrolysis evaluation equipment, compressor evaluation and testing equipment for natural refrigerants, products for semiconductor and electronic-component manufacturing equipment, and temperature sensors for ships. In terms of earnings, higher profits from instrumentation systems and sensors more than offset lower profits from measurement and control equipment.

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) | Chino Corporation (6850) timely disclosure | Komori