Komori
Earnings6866HIOKI E.E.CORPORATIONElectrical Equipment and Precision Instruments

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

For the interim period of the fiscal year ending December 2026, net sales increased 23.5% year on year and operating income increased 53.5%, resulting in substantial growth in both revenue and earnings. The full-year earnings forecast remains unchanged, while the annual dividend forecast has been raised to ¥240 from ¥200 for the previous fiscal year.

Worth reading
45Recurring
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
23.5
% (year-on-year change in revenue)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 January 2026–30 June 2026ConsolidatedJapanese GAAP
Net Sales24,129¥ millionYear on year +23.5%Progress 50.6%
Operating profit5,053¥ millionYear on year +53.5%Progress 53.2%
Ordinary income5,283¥ millionYear on year +61.4%Progress 53.7%
Net income attributable to owners of the parent3,990¥ millionYear on year +73.7%Progress 52.9%

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¥296.82
Financial position at period-end
Total assets53,097¥ million
of which net assets 45,769 ¥ millionEquity ratio 86.2%vs. prior year-end +0.8pt

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+4,878,669
Investment-2,132,318
Financials-2,429,226
Net change+317,125

Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ thousand).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¥17,220,973 thousand
Regional sales¥8,376,995 thousand (YoY +15.8%), ¥6,940,561 thousand (YoY +30.1%), ¥2,053,357 thousand (YoY +37.1%), ¥997,371 thousand (YoY +44.2%), ¥696,752 thousand (YoY +16.5%), ¥1,196,573 thousand (YoY +22.0%), ¥11,602 thousand (YoY +5.2%), ¥11,896,217 thousand (YoY +30.5%), ¥1,851,401 thousand (YoY +15.7%), ¥1,560,231 thousand (YoY +22.1%), ¥444,931 thousand (YoY +42.9%), ¥15,752,781 thousand (YoY +28.0%), ¥24,129,777 thousand (YoY +23.5%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥47,700 million (YoY +17.7%)
Operating profit¥9,500 million (YoY +39.9%)
Ordinary income¥9,840 million (YoY +38.5%)
Net income¥7,540 million (YoY +38.2%)
Annual Dividend Forecast¥200.00 → ¥240.00(20.0)
Factors Behind Changes in Business Performance

Sales increased due to higher demand for passive components for data centers, ESS, power and energy applications, and automotive and aerospace applications. The weaker yen and its impact on foreign-currency translation also contributed to higher sales. The substantial increase in sales absorbed the increase in selling, general and administrative expenses, resulting in operating income and ordinary income exceeding the levels of the same period of the previous year.

Disclosure regarding the going concern assumption

None (the note on the going concern assumption states, “There are 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 Not disclosed
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥44 thousand / Extraordinary loss Loss on Disposal of Fixed Assets ¥33,372 thousand
Depreciation and amortization¥1,084,921 thousand
Orders received and order backlogOrders received ¥27,250,088 thousand / 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-End14,024,365 Shares
Treasury Shares at Period-End618,913 Shares
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 January 2026–30 June 2026
Net Sales¥24,129 million (YoY +23.5%)
Operating profit¥5,053 million (YoY +53.5%)
Ordinary income¥5,283 million (YoY +61.4%)
Profit attributable to owners of the parent¥3,990 million (YoY +73.7%)
Net income per share¥296.82
Equity ratioEnd of the current fiscal period 86.2 / End of previous period 85.4
Total assets¥53,097 million
Net assets¥45,769 million
Cash flows from operating activities¥4,878,669 thousand
Cash flows from investing activities¥-2,132,318 thousand
Cash flows from financing activities¥-2,429,226 thousand
Cash and cash equivalents at end of period¥17,220,973 thousand
Full-year earnings forecastNet Sales ¥47,700 million (YoY +17.7%) / Operating profit ¥9,500 million (YoY +39.9%) / Ordinary income ¥9,840 million (YoY +38.5%) / Net income ¥7,540 million (YoY +38.2%)
Annual Dividend Forecast¥200.00 → ¥240.00(20.0)
Regional sales¥8,376,995 thousand (YoY +15.8%), ¥6,940,561 thousand (YoY +30.1%), ¥2,053,357 thousand (YoY +37.1%), ¥997,371 thousand (YoY +44.2%), ¥696,752 thousand (YoY +16.5%), ¥1,196,573 thousand (YoY +22.0%), ¥11,602 thousand (YoY +5.2%), ¥11,896,217 thousand (YoY +30.5%), ¥1,851,401 thousand (YoY +15.7%), ¥1,560,231 thousand (YoY +22.1%), ¥444,931 thousand (YoY +42.9%), ¥15,752,781 thousand (YoY +28.0%), ¥24,129,777 thousand (YoY +23.5%)
Orders received and order backlogOrders received ¥27,250,088 thousand / Order backlog Not disclosed
Depreciation and amortization¥1,084,921 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 ¥33,372 thousand
Disclosure regarding the going concern assumptionNone (the note on the going concern assumption states, “There are 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 / Excluded 0 / Company name 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-End14,024,365 Shares
Treasury Shares at Period-End618,913 Shares
Factors Behind Changes in Business PerformanceSales increased due to higher demand for passive components for data centers, ESS, power and energy applications, and automotive and aerospace applications. The weaker yen and its impact on foreign-currency translation also contributed to higher sales. The substantial increase in sales absorbed the increase in selling, general and administrative expenses, resulting in operating income and ordinary income exceeding the levels of the same period of the previous year.
Items this document does not state (8)
Operating MarginRevision 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.

Sales increased across markets due to higher demand for passive components for data centers, ESS, power and energy applications, and automotive and aerospace applications. The weaker yen and its impact on foreign-currency translation also contributed to higher sales. On the earnings front, the substantial increase in sales absorbed the increase in selling, general and administrative expenses.

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 December 2026 [Japanese GAAP] (Consolidated) | HIOKI E.E.CORPORATION (6866) timely disclosure | Komori