Komori
Earnings6874KYORITSU ELECTRIC CORPORATIONElectrical Equipment and Precision Instruments

Financial Results for the Fiscal Year Ended June 2026 (Japanese GAAP) (Consolidated)

For the fiscal year ended June 2026, revenue, operating income, ordinary income and net income all fell below the previous fiscal year, resulting in lower revenue and earnings. For the fiscal year ending June 2027, the Company forecasts higher revenue and earnings and plans to increase its annual dividend from the ¥90 actually paid for the fiscal year ended June 2026 to ¥92.

Worth reading
48Recurring
Scored from 5 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
-3.2
Year-on-year change in net sales (%)
Wording
Conditional
How definitive the wording is.

Results for this period

Full year1 July 2025 to 30 June 2026ConsolidatedJapanese GAAP
Net Sales37,006million yenYear on year -3.2%Progress 94.9%
Operating profit2,848million yenYear on year -15.1%Progress 89.0%
Ordinary income2,990million yenYear on year -13.4%Progress 90.6%
Net income attributable to owners of the parent1,921million yenYear on year -10.1%Progress 87.3%

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¥238.33
Operating MarginCurrent fiscal year 7.7 % / Previous period 8.8 %
Financial position at period-end
Total assets34,837million yen
of which net assets 23,189 million yenEquity ratio 63.6%vs. prior year-end +1.9pt

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+3,604
Investment-254
Financials-737
Net change+2,613

Stacked from zero: upward is an increase in cash, downward a decrease (in million 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 period10,972 million yen
Segment revenueIntelligent FA Systems Business 17,130,888 thousand yen (YoY +3.7%), IT Control and Scientific Measurement Business 19,826,676 thousand yen (YoY -8.6%)
Segment profitIntelligent FA Systems Business 2,000,759 thousand yen (YoY -17.3%), IT Control and Scientific Measurement Business 1,284,271 thousand yen (YoY -2.8%)
Regional sales32,893,885 thousand yen, 4,112,656 thousand yen, 37,006,542 thousand yen
Outlook and shareholder returns
Full-year earnings forecast
Net Sales39,000 million yen (YoY +5.4%)
Operating profit3,200 million yen (YoY +12.4%)
Ordinary income3,300 million yen (YoY +10.4%)
Net income2,200 million yen (YoY +14.5%)
Annual Dividend Forecast90 yen → 92 yen(+2.2%)
Payout ratioCurrent fiscal year 37.8 % / Next-year forecast 33.7 %
Shareholder Return PolicyThe policy is to prioritize stable and consistent dividends and increases in dividends. Numerical targets: Not disclosed.
Factors Behind Changes in Business Performance

Extended lead times for capital investment projects and delays in material deliveries, rising raw material prices and labor costs, among other factors, lower profitability due to extended project schedules in the Intelligent FA Systems business, and a temporary decline in purchasing appetite and a plateau in the recovery of domestic production volumes in the IT Control and Scientific Measurement business.

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 Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed
Material subsequent eventsNot applicable.
Impairment loss94,060 thousand yen
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets 4,142 thousand yen, Gain on sale of investment securities 246,803 thousand yen / Extraordinary loss Loss on Disposal of Fixed Assets 3,046 thousand yen, Impairment Loss on Investment Securities 1,160 thousand yen, Impairment Losses 94,060 thousand yen, Litigation-related losses 120,000 thousand yen
Depreciation and amortization320,326 thousand yen
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for analysts)
Issued Shares at Period-End8,738,400
Treasury Shares at Period-End672,426
Results for this period
ItemDetails
Fiscal Period ClassificationFull year
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 July 2025 to 30 June 2026
Net Sales37,006 million yen (YoY -3.2%)
Operating profit2,848 million yen (YoY -15.1%)
Ordinary income2,990 million yen (YoY -13.4%)
Profit attributable to owners of the parent1,921 million yen (YoY -10.1%)
Net income per share¥238.33
Operating MarginCurrent fiscal year 7.7 % / Previous period 8.8 %
Equity ratioEnd of the current fiscal period 63.6 / End of previous period 61.7
Total assets34,837 million yen
Net assets23,189 million yen
Cash flows from operating activities3,604 million yen
Cash flows from investing activities-254 million yen
Cash flows from financing activities-737 million yen
Cash and cash equivalents at end of period10,972 million yen
Full-year earnings forecastNet Sales 39,000 million yen (YoY +5.4%) / Operating profit 3,200 million yen (YoY +12.4%) / Ordinary income 3,300 million yen (YoY +10.4%) / Net income 2,200 million yen (YoY +14.5%)
Annual Dividend Forecast90 yen → 92 yen(+2.2%)
Payout ratioCurrent fiscal year 37.8 % / Next-year forecast 33.7 %
Shareholder Return PolicyThe policy is to prioritize stable and consistent dividends and increases in dividends. Numerical targets: Not disclosed.
Segment revenueIntelligent FA Systems Business 17,130,888 thousand yen (YoY +3.7%), IT Control and Scientific Measurement Business 19,826,676 thousand yen (YoY -8.6%)
Segment profitIntelligent FA Systems Business 2,000,759 thousand yen (YoY -17.3%), IT Control and Scientific Measurement Business 1,284,271 thousand yen (YoY -2.8%)
Regional sales32,893,885 thousand yen, 4,112,656 thousand yen, 37,006,542 thousand yen
Depreciation and amortization320,326 thousand yen
Impairment loss94,060 thousand yen
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets 4,142 thousand yen, Gain on sale of investment securities 246,803 thousand yen / Extraordinary loss Loss on Disposal of Fixed Assets 3,046 thousand yen, Impairment Loss on Investment Securities 1,160 thousand yen, Impairment Losses 94,060 thousand yen, Litigation-related losses 120,000 thousand yen
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 Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed
Material subsequent eventsNot applicable.
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for analysts)
Issued Shares at Period-End8,738,400
Treasury Shares at Period-End672,426
Factors Behind Changes in Business PerformanceExtended lead times for capital investment projects and delays in material deliveries, rising raw material prices and labor costs, among other factors, lower profitability due to extended project schedules in the Intelligent FA Systems business, and a temporary decline in purchasing appetite and a plateau in the recovery of domestic production volumes in the IT Control and Scientific Measurement business.
Items this document does not state (2)
Revision to Earnings ForecastOrders received and order backlog

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.

There were extended lead times for capital investment projects, delays in the delivery of certain materials, and increases in raw material prices, labor costs, recruitment-related expenses, and training and education expenses. In the Intelligent FA Systems business, profitability declined because extended project schedules drove up raw material and labor costs. In the IT Control and Scientific Measurement business, the temporary decline in purchasing appetite resulting from U.S. tariff policies and the situation in the Middle East, among other factors, and the plateau in the recovery of domestic production volumes had an impact.

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Financial Results for the Fiscal Year Ended June 2026 (Japanese GAAP) (Consolidated) | KYORITSU ELECTRIC CORPORATION (6874) timely disclosure | Komori