Komori
Earnings6866HIOKI E.E.CORPORATIONElectrical Equipment and Precision Instruments

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

For the first quarter of the fiscal year ending December 2026, revenue, operating income, ordinary income and net income exceeded the year-earlier period, driven by demand related to data centers, EVs and energy storage systems. The full-year earnings forecasts and annual dividend forecast remain unchanged.

Worth reading
43Recurring
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
16
% (year-on-year change in revenue)
Wording
Conditional
How definitive the wording is.

Results for this period

First quarter1 January 2026–31 March 2026ConsolidatedJapanese GAAP
Net Sales11,386¥ millionYear on year +16.0%Progress 26.5%
Operating profit2,306¥ millionYear on year +27.8%Progress 30.0%
Ordinary income2,357¥ millionYear on year +38.9%Progress 30.2%
Net income attributable to owners of the parent1,653¥ millionYear on year +41.1%Progress 27.6%

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¥122.59
Financial position at period-end
Total assets48,343¥ million
of which net assets 43,383 ¥ millionEquity ratio 89.7%vs. prior year-end +4.3pt

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.

Regional sales
Domestic4,393,47612.6%+11.4%
China3,049,2638.7%+24.2%
South Korea884,3922.5%+31.2%
Taiwan301,8710.9%-18.0%
India388,4231.1%+24.9%
Southeast Asia539,2911.5%+15.1%
Other Asia6,9910.0%-17.4%
Asia total5,170,23414.8%+20.6%
Americas934,5422.7%+21.2%
Europe701,8902.0%+1.6%
Other regions186,1610.5%+48.2%
Overseas total6,992,82920.0%+19.1%
Total11,386,30532.6%+16.0%
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥43,000 million (YoY +6.1%)
Operating profit¥7,680 million (YoY +13.1%)
Ordinary income¥7,800 million (YoY +9.8%)
Net income¥6,000 million (YoY +9.9%)
Annual Dividend Forecast¥200 → ¥200(0.0%)
Factors Behind Changes in Business Performance

Revenue by market increased due to the spread of data centers, demand for EV and ESS applications, and demand from the automotive and aerospace sectors. Foreign exchange translation effects from the weaker yen also contributed to higher revenue. The substantial increase in revenue absorbed the increase in selling, general and administrative expenses.

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 No applicable matters
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥44 thousand / Extraordinary loss Loss on Disposal of Fixed Assets ¥27,942 thousand
Depreciation and amortization¥523,332 thousand
Orders received and order backlogOrders received Total ¥12,279,940 thousand (YoY +25.3%) / By product Automatic test equipment ¥1,194,009 thousand (YoY +41.9%), Recording equipment ¥1,539,315 thousand (YoY -4.2%), Electronic measuring instruments ¥6,546,222 thousand (YoY +42.0%), Field measuring instruments ¥2,427,572 thousand (YoY +10.3%), Peripheral equipment and other products ¥572,819 thousand (YoY +5.9%) / Order backlog Not disclosed
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo
Issued Shares at Period-End14,024,365 Shares
Treasury Shares at Period-End606,820 Shares
Results for this period
ItemDetails
Fiscal Period ClassificationFirst quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 January 2026–31 March 2026
Net Sales¥11,386 million (YoY +16.0%)
Operating profit¥2,306 million (YoY +27.8%)
Ordinary income¥2,357 million (YoY +38.9%)
Profit attributable to owners of the parent¥1,653 million (YoY +41.1%)
Net income per share¥122.59
Equity ratioEnd of the current fiscal period 89.7 / End of previous period 85.4
Total assets¥48,343 million
Net assets¥43,383 million
Full-year earnings forecastNet Sales ¥43,000 million (YoY +6.1%) / Operating profit ¥7,680 million (YoY +13.1%) / Ordinary income ¥7,800 million (YoY +9.8%) / Net income ¥6,000 million (YoY +9.9%)
Annual Dividend Forecast¥200 → ¥200(0.0%)
Regional salesDomestic ¥4,393,476 thousand (YoY +11.4%) / China ¥3,049,263 thousand (YoY +24.2%) / South Korea ¥884,392 thousand (YoY +31.2%) / Taiwan ¥301,871 thousand (YoY -18.0%) / India ¥388,423 thousand (YoY +24.9%) / Southeast Asia ¥539,291 thousand (YoY +15.1%) / Other Asia ¥6,991 thousand (YoY -17.4%) / Asia total ¥5,170,234 thousand (YoY +20.6%) / Americas ¥934,542 thousand (YoY +21.2%) / Europe ¥701,890 thousand (YoY +1.6%) / Other regions ¥186,161 thousand (YoY +48.2%) / Overseas total ¥6,992,829 thousand (YoY +19.1%) / Total ¥11,386,305 thousand (YoY +16.0%)
Orders received and order backlogOrders received Total ¥12,279,940 thousand (YoY +25.3%) / By product Automatic test equipment ¥1,194,009 thousand (YoY +41.9%), Recording equipment ¥1,539,315 thousand (YoY -4.2%), Electronic measuring instruments ¥6,546,222 thousand (YoY +42.0%), Field measuring instruments ¥2,427,572 thousand (YoY +10.3%), Peripheral equipment and other products ¥572,819 thousand (YoY +5.9%) / Order backlog Not disclosed
Depreciation and amortization¥523,332 thousand
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥44 thousand / Extraordinary loss Loss on Disposal of Fixed Assets ¥27,942 thousand
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 No applicable matters
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo
Issued Shares at Period-End14,024,365 Shares
Treasury Shares at Period-End606,820 Shares
Factors Behind Changes in Business PerformanceRevenue by market increased due to the spread of data centers, demand for EV and ESS applications, and demand from the automotive and aerospace sectors. Foreign exchange translation effects from the weaker yen also contributed to higher revenue. The substantial increase in revenue absorbed the increase in selling, general and administrative expenses.
Items this document does not state (12)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodRevision to Earnings ForecastPayout ratioShareholder Return PolicySegment revenueSegment profitImpairment 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.

In the components and energy markets, the spread of data centers contributed to higher revenue. In the battery market, demand for EVs and ESS applications contributed, while mobility demand in the automotive and aerospace sectors also supported revenue growth. The weaker yen also contributed to higher revenue through foreign exchange translation effects, and the substantial increase in revenue absorbed the increase in selling, general and administrative expenses.

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Summary of Financial Results for the First Quarter of the Fiscal Year Ending December 2026 [Japanese GAAP] (Consolidated) | HIOKI E.E.CORPORATION (6866) timely disclosure | Komori