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Results6859ESPEC CORP.Electric Appliances & Precision Instruments

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

For the interim period of the fiscal year ending March 2027, net sales, operating profit, ordinary profit, and interim net income attributable to owners of the parent exceeded the year-earlier period, against a backdrop of strong testing demand for AI semiconductors and satellite communications. The full-year earnings forecasts were revised, with net sales of ¥75 billion and operating profit of ¥8 billion projected.

Worth reading
51Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
8
% (year-on-year increase in revenue)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026–30 September 2026ConsolidatedJapanese GAAP
Net Sales32,751¥ millionYear on year +8.0%Progress 43.7%
Operating profit2,839¥ millionYear on year +8.9%Progress 35.5%
Ordinary income3,032¥ millionYear on year +12.1%Progress 37.4%
Net income attributable to owners of the parent2,024¥ millionYear on year +5.8%Progress 34.4%

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¥96.10
Financial position at period-end
Total assets80,616¥ million
of which net assets 59,756 ¥ millionEquity ratio 74.1%vs. prior year-end +0.1pt

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.

Segment revenue
Equipment business28,75387.2%+11.1%
Services Business3,64511.1%-3.6%
Other businesses5841.8%-33.6%
Segment profit
Equipment business2,937+15.1%
Services Business-36
Other businesses-60
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥75,000 million (YoY +7.1%)
Operating profit¥8,000 million (YoY +12.9%)
Ordinary income¥8,100 million (YoY +8.4%)
Net income¥5,880 million (YoY 0.0%)
Revision to Earnings ForecastNot disclosed → Net Sales 75,000 / Operating profit 8,000 / Ordinary income 8,100 / Net income 5,880
Annual Dividend Forecast¥115 → ¥115(0.0%)
Factors Behind Changes in Business Performance

Testing demand in the AI semiconductor and satellite communications fields remained strong, resulting in higher orders received. There were many long-lead-time orders, including large products and multiple-unit purchases, which increased net sales and, primarily as a result of higher net sales, operating profit.

Disclosure regarding the going concern assumption

Not applicable (Notes on going concern: 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 companies / Excluded 0 companies / Company name Not applicable
Impairment loss¥114 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥99 million / Extraordinary loss Loss on sale of non-current assets ¥2 million, Impairment Losses ¥114 million, Loss on retirement of non-current assets ¥9 million
Orders received and order backlogOrders received ¥46,582 million / Order backlog Not disclosed
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for institutional investors)
Issued Shares at Period-End23,781,394
Treasury Shares at Period-End2,954,970
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026–30 September 2026
Net Sales¥32,751 million (YoY +8.0%)
Operating profit¥2,839 million (YoY +8.9%)
Ordinary income¥3,032 million (YoY +12.1%)
Profit attributable to owners of the parent¥2,024 million (YoY +5.8%)
Net income per share¥96.10
Equity ratioEnd of the current fiscal period 74.1 / End of previous period 74
Total assets¥80,616 million
Net assets¥59,756 million
Full-year earnings forecastNet Sales ¥75,000 million (YoY +7.1%) / Operating profit ¥8,000 million (YoY +12.9%) / Ordinary income ¥8,100 million (YoY +8.4%) / Net income ¥5,880 million (YoY 0.0%)
Revision to Earnings ForecastNot disclosed → Net Sales 75,000 / Operating profit 8,000 / Ordinary income 8,100 / Net income 5,880
Annual Dividend Forecast¥115 → ¥115(0.0%)
Segment revenueEquipment business ¥28,753 million (YoY +11.1%) / Services Business ¥3,645 million (YoY -3.6%) / Other businesses ¥584 million (YoY -33.6%)
Segment profitEquipment business ¥2,937 million (YoY +15.1%) / Services Business ¥-36 million / Other businesses ¥-60 million
Orders received and order backlogOrders received ¥46,582 million / Order backlog Not disclosed
Impairment loss¥114 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥99 million / Extraordinary loss Loss on sale of non-current assets ¥2 million, Impairment Losses ¥114 million, Loss on retirement of non-current assets ¥9 million
Disclosure regarding the going concern assumptionNot applicable (Notes on going concern: No 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 companies / Excluded 0 companies / Company name Not applicable
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for institutional investors)
Issued Shares at Period-End23,781,394
Treasury Shares at Period-End2,954,970
Factors Behind Changes in Business PerformanceTesting demand in the AI semiconductor and satellite communications fields remained strong, resulting in higher orders received. There were many long-lead-time orders, including large products and multiple-unit purchases, which increased net sales and, primarily as a result of higher net sales, operating profit.
Items this document does not state (10)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodPayout ratioShareholder Return PolicyRegional salesDepreciation and amortizationMaterial 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.

Strong testing demand in the AI semiconductor and satellite communications fields, a high number of long-lead-time orders involving large products and multiple-unit purchases, and an increase in operating profit driven by higher net sales.

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 Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated) | ESPEC CORP. (6859) timely disclosure | Komori