Komori
Earnings6853KYOWA ELECTRONIC INSTRUMENTS CO.,LTD.Electrical Equipment and Precision Instruments

Flash Report for the First Quarter of the Fiscal Year Ending December 2026 [Japanese GAAP] (Consolidated)

In Q1, orders received and net sales exceeded the same period of the previous year, while operating income and ordinary income declined due to higher raw material prices and increased selling, general and administrative expenses. Net income attributable to owners of the parent increased because the Company recorded a gain on the sale of investment securities.

Worth reading
73In focus
Scored from 4 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
10.7
Year-on-year change (operating income decline rate, %)
Wording
Definitive
How definitive the wording is.

Results for this period

First quarter1 January 2026–31 March 2026ConsolidatedJapanese GAAP
Net Sales4,653,478¥ thousandYear on year +3.2%
Operating profit633,690¥ thousandYear on year -10.7%
Ordinary income647,688¥ thousandYear on year -7.2%
Net income attributable to owners of the parent551,243¥ thousandYear on year +15.5%

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.

Financial position at period-end
Total assets23,940,130¥ thousand
of which net assets 18,354,004 ¥ thousand

The shaded area represents net assets as a proportion of total assets. It is calculated from the two amounts reported by the company.

Segment revenueMeasurement Equipment ¥4,231,835 thousand (YoY +4.1%), Consulting ¥421,642 thousand (YoY -5.0%)
Segment profitMeasurement Equipment ¥1,618,010 thousand (YoY +0.6%), Consulting ¥204,056 thousand (YoY -2.4%)
Outlook and shareholder returns
Revision to Earnings ForecastNo change (no change from the forecast announced on 9 February 2026)
Factors Behind Changes in Business Performance

Orders received remained strong across a broad range of business fields, led by energy and aerospace-related businesses. Net sales increased due to higher sales in the automotive testing field and large-scale defense-related projects, among other factors. Profit declined because higher raw material prices raised the cost ratio and selling, general and administrative expenses increased. Net income increased because the Company recorded a gain on the sale of investment securities.

Disclosure regarding the going concern assumption

Not applicable.

Impairment lossNone recorded (no applicable items in the segment information)
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of investment securities ¥119,003 thousand / Extraordinary loss No applicable matters
Depreciation and amortization¥123,545 thousand
Orders received and order backlogOrders received ¥4,383,648 thousand / Order backlog ¥4,781,841 thousand
Results for this period
ItemDetails
Fiscal Period ClassificationFirst quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 January 2026–31 March 2026
Net Sales¥4,653,478 thousand (YoY +3.2%)
Operating profit¥633,690 thousand (YoY -10.7%)
Ordinary income¥647,688 thousand (YoY -7.2%)
Profit attributable to owners of the parent¥551,243 thousand (YoY +15.5%)
Total assets¥23,940,130 thousand
Net assets¥18,354,004 thousand
Revision to Earnings ForecastNo change (no change from the forecast announced on 9 February 2026)
Segment revenueMeasurement Equipment ¥4,231,835 thousand (YoY +4.1%), Consulting ¥421,642 thousand (YoY -5.0%)
Segment profitMeasurement Equipment ¥1,618,010 thousand (YoY +0.6%), Consulting ¥204,056 thousand (YoY -2.4%)
Orders received and order backlogOrders received ¥4,383,648 thousand / Order backlog ¥4,781,841 thousand
Depreciation and amortization¥123,545 thousand
Impairment lossNone recorded (no applicable items in the segment information)
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of investment securities ¥119,003 thousand / Extraordinary loss No applicable matters
Disclosure regarding the going concern assumptionNot applicable.
Factors Behind Changes in Business PerformanceOrders received remained strong across a broad range of business fields, led by energy and aerospace-related businesses. Net sales increased due to higher sales in the automotive testing field and large-scale defense-related projects, among other factors. Profit declined because higher raw material prices raised the cost ratio and selling, general and administrative expenses increased. Net income increased because the Company recorded a gain on the sale of investment securities.
Items this document does not state (19)
Net income per shareOperating MarginEquity ratioCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodFull-year earnings forecastAnnual Dividend ForecastPayout ratioShareholder Return PolicyRegional salesChange in accounting policyChanges in the scope of consolidationMaterial subsequent eventsAvailability 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 increased due to higher sales in the automotive testing field and large-scale projects in the defense-related business, among other factors. Operating income and ordinary income declined because higher raw material prices raised the cost ratio and selling, general and administrative expenses increased. Net income attributable to owners of the parent increased because the Company recorded a gain on the sale of investment securities.

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.
Flash Report for the First Quarter of the Fiscal Year Ending December 2026 [Japanese GAAP] (Consolidated) | KYOWA ELECTRONIC INSTRUMENTS CO.,LTD. (6853) timely disclosure | Komori