Komori
Results6855JAPAN ELECTRONIC MATERIALS CORPORATIONElectrical and Precision Instruments

Financial Results Summary for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated)

In the interim period of the fiscal year ending March 2027, revenue and operating profit substantially exceeded the year-earlier levels due to growing demand for semiconductors and the effects of increased production capacity. The full-year earnings forecast and full-year dividend forecast were also revised, with the full-year dividend forecast raised to ¥120.

Worth reading
57In focus
Scored from 5 of 6 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
129.6
Year-on-year change in operating profit (%)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAP
Net Sales20,494Millions of yenYear on year +66.3%Progress 52.0%
Operating profit6,102Millions of yenYear on year +129.6%Progress 50.4%
Ordinary income6,146Millions of yenYear on year +151.0%Progress 51.2%
Net income attributable to owners of the parent4,219Millions of yenYear on year +148.4%Progress 51.5%

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. 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¥288.00
Financial position at period-end
Total assets64,300Millions of yen
of which net assets 48,687 Millions of yenEquity ratio 75.7%vs. prior year-end -1.0pt

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+2,191
Investment-2,341
Financials-1,460
Net change-1,610

Stacked from zero: upward is an increase in cash, downward a decrease (in Millions of yen).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 period24,874 Millions of yen
Segment revenueSemiconductor Test Components Business 20,385 Millions of yen (YoY +66.9%), Electronic Tube Components Business 109 Millions of yen (YoY -0.5%)
Segment profitSemiconductor Test Components Business 7,113 Millions of yen (YoY +99.0%), Electronic Tube Components Business 3 Millions of yen (YoY -15.6%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales39,400 Millions of yen (YoY +34.2%)
Operating profit12,100 Millions of yen (YoY +66.9%)
Ordinary income12,000 Millions of yen (YoY +67.2%)
Net income8,200 Millions of yen (YoY +50.4%)
Net income per share¥559.58
Revision to Earnings ForecastNot disclosed → Net Sales 39,400 / Operating profit 12,100 / Ordinary income 12,000 / Net income 8,200
Annual Dividend Forecast80 Yen → 120 Yen(+50.0%)
Factors Behind Changes in Business Performance

Strong demand, centered on data centers and driven by the expansion of the generative AI market, increased sales of probe cards for memory applications, the benefits of investments to expand production capacity, high operating rates at domestic plants, and the weaker yen.

Disclosure regarding the going concern assumption

Not applicable

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 companies / Excluded 0 companies / Company name Not applicable
Breakdown of extraordinary income (loss)Extraordinary income Item Subsidy Income / Amount 27 Millions of yen / Extraordinary loss Not disclosed
Depreciation and amortization739 Millions of yen
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for institutional investors and analysts, scheduled for 13 November 2026)
Issued Shares at Period-End14,669,969 Shares
Treasury Shares at Period-End16,034 Shares
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 September 2026
Net Sales20,494 Millions of yen (YoY +66.3%)
Operating profit6,102 Millions of yen (YoY +129.6%)
Ordinary income6,146 Millions of yen (YoY +151.0%)
Profit attributable to owners of the parent4,219 Millions of yen (YoY +148.4%)
Net income per share¥288.00
Equity ratioEnd of the current fiscal period 75.7% / End of previous period 76.7%
Total assets64,300 Millions of yen
Net assets48,687 Millions of yen
Cash flows from operating activities2,191 Millions of yen
Cash flows from investing activities-2,341 Millions of yen
Cash flows from financing activities-1,460 Millions of yen
Cash and cash equivalents at end of period24,874 Millions of yen
Full-year earnings forecastNet Sales 39,400 Millions of yen (YoY +34.2%) / Operating profit 12,100 Millions of yen (YoY +66.9%) / Ordinary income 12,000 Millions of yen (YoY +67.2%) / Net income 8,200 Millions of yen (YoY +50.4%) / Net income per share ¥559.58
Revision to Earnings ForecastNot disclosed → Net Sales 39,400 / Operating profit 12,100 / Ordinary income 12,000 / Net income 8,200
Annual Dividend Forecast80 Yen → 120 Yen(+50.0%)
Segment revenueSemiconductor Test Components Business 20,385 Millions of yen (YoY +66.9%), Electronic Tube Components Business 109 Millions of yen (YoY -0.5%)
Segment profitSemiconductor Test Components Business 7,113 Millions of yen (YoY +99.0%), Electronic Tube Components Business 3 Millions of yen (YoY -15.6%)
Depreciation and amortization739 Millions of yen
Breakdown of extraordinary income (loss)Extraordinary income Item Subsidy Income / Amount 27 Millions of yen / Extraordinary loss Not disclosed
Disclosure regarding the going concern assumptionNot applicable
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 companies / Excluded 0 companies / Company name Not applicable
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for institutional investors and analysts, scheduled for 13 November 2026)
Issued Shares at Period-End14,669,969 Shares
Treasury Shares at Period-End16,034 Shares
Factors Behind Changes in Business PerformanceStrong demand, centered on data centers and driven by the expansion of the generative AI market, increased sales of probe cards for memory applications, the benefits of investments to expand production capacity, high operating rates at domestic plants, and the weaker yen.
Items this document does not state (7)
Operating MarginPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogImpairment lossMaterial subsequent events

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.

Continued demand for semiconductors for data centers, driven by the expansion of the generative AI market, increased sales of probe cards for memory applications, the benefits of investments to expand production capacity, high operating rates at domestic plants, and the weaker yen.

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.
Financial Results Summary for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated) | JAPAN ELECTRONIC MATERIALS CORPORATION (6855) timely disclosure | Komori