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Earnings6894PULSTEC INDUSTRIAL CO.,LTD.Electrical Equipment and Precision Instruments

Financial Results for the Fiscal Year Ending March 2026 [Japanese GAAP] (Consolidated)

For the fiscal year ended March 2026, revenue, operating profit and ordinary profit increased, while net income attributable to owners of the parent decreased. For the fiscal year ending March 2027, the Company expects higher revenue and profits, and forecasts an annual dividend cut to ¥90 from ¥110 in the previous fiscal year.

Worth reading
46Recurring
Scored from 5 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
2.7
% (year-on-year change in revenue)
Wording
Conditional
How definitive the wording is.

Results for this period

Full year1 April 2025–31 March 2026ConsolidatedJapanese GAAP
Net Sales2,553¥ millionYear on year +2.7%Progress 94.6%
Operating profit356¥ millionYear on year +6.2%Progress 89.0%
Ordinary income396¥ millionYear on year +12.0%Progress 94.3%
Net income attributable to owners of the parent285¥ millionYear on year -19.7%

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¥208.90
Operating Margin14
Financial position at period-end
Total assets5,020¥ million
of which net assets 4,009 ¥ millionEquity ratio 79.9%vs. prior year-end +3.1pt

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.

Cash inflows and outflows
Operating+582
Investment-597
Financials-153
Net change-168

Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).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¥1,734 million
Segment revenueX-ray residual stress measurement systems ¥893,358 thousand (YoY +6.4%), Healthcare Equipment ¥626,936 thousand (YoY -11.8%), Optical Application and Specialized Equipment ¥1,032,855 thousand (YoY +10.4%)
Segment profitX-ray residual stress measurement systems ¥347,157 thousand (YoY -4.4%), Healthcare Equipment ¥-18,182 thousand, Optical Application and Specialized Equipment ¥328,821 thousand (YoY +27.1%)
Regional salesRegion Japan / Current fiscal year ¥2,211,125 thousand / Previous period ¥2,215,850 thousand, Region Asia / Current fiscal year ¥172,339 thousand / Previous period ¥172,666 thousand, Region North America / Current fiscal year ¥75,707 thousand / Previous period ¥49,154 thousand, Region Europe / Current fiscal year ¥36,934 thousand / Previous period ¥19,657 thousand, Region Other / Current fiscal year ¥57,042 thousand / Previous period ¥29,220 thousand
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥2,700 million (YoY +5.8%)
Operating profit¥400 million (YoY +12.1%)
Ordinary income¥420 million (YoY +6.1%)
Profit attributable to owners of the parent¥300 million (YoY +5.0%)
Annual Dividend Forecast¥110 → ¥90(-18.2%)
Payout ratio41
Factors Behind Changes in Business Performance

Deliveries related to X-ray residual stress measurement systems were generally on schedule; some commissioned healthcare equipment development projects were discontinued and the start of new commissioned development projects was delayed; inquiries from major customers for optical application and special-purpose equipment systems were strong and deliveries were also generally on schedule.

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 Yes修正再表示 No
Changes in the scope of consolidationNew 0 companies (company name: —) / Excluded 0 companies (company name: —)
Material subsequent eventsNot applicable.
Breakdown of extraordinary income (loss)Extraordinary income Not disclosed / Extraordinary loss Loss on Disposal of Fixed Assets ¥0 thousand
Depreciation and amortization¥92,161 thousand
Orders received and order backlogOrders received ¥2,519,951 thousand (YoY +99.6%) / Order backlog ¥1,843,663 thousand (YoY +98.2%)
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo
Issued Shares at Period-End1,393,459
Treasury Shares at Period-End25,399
Results for this period
ItemDetails
Fiscal Period ClassificationFull year
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2025–31 March 2026
Net Sales¥2,553 million (YoY +2.7%)
Operating profit¥356 million (YoY +6.2%)
Ordinary income¥396 million (YoY +12.0%)
Profit attributable to owners of the parent¥285 million (YoY -19.7%)
Net income per share¥208.90
Operating Margin14
Equity ratioEnd of the current fiscal period 79.9 / End of previous period 76.8
Total assets¥5,020 million
Net assets¥4,009 million
Cash flows from operating activities¥582 million
Cash flows from investing activities¥-597 million
Cash flows from financing activities¥-153 million
Cash and cash equivalents at end of period¥1,734 million
Full-year earnings forecastNet Sales ¥2,700 million (YoY +5.8%) / Operating profit ¥400 million (YoY +12.1%) / Ordinary income ¥420 million (YoY +6.1%) / Profit attributable to owners of the parent ¥300 million (YoY +5.0%)
Annual Dividend Forecast¥110 → ¥90(-18.2%)
Payout ratio41
Segment revenueX-ray residual stress measurement systems ¥893,358 thousand (YoY +6.4%), Healthcare Equipment ¥626,936 thousand (YoY -11.8%), Optical Application and Specialized Equipment ¥1,032,855 thousand (YoY +10.4%)
Segment profitX-ray residual stress measurement systems ¥347,157 thousand (YoY -4.4%), Healthcare Equipment ¥-18,182 thousand, Optical Application and Specialized Equipment ¥328,821 thousand (YoY +27.1%)
Regional salesRegion Japan / Current fiscal year ¥2,211,125 thousand / Previous period ¥2,215,850 thousand, Region Asia / Current fiscal year ¥172,339 thousand / Previous period ¥172,666 thousand, Region North America / Current fiscal year ¥75,707 thousand / Previous period ¥49,154 thousand, Region Europe / Current fiscal year ¥36,934 thousand / Previous period ¥19,657 thousand, Region Other / Current fiscal year ¥57,042 thousand / Previous period ¥29,220 thousand
Orders received and order backlogOrders received ¥2,519,951 thousand (YoY +99.6%) / Order backlog ¥1,843,663 thousand (YoY +98.2%)
Depreciation and amortization¥92,161 thousand
Breakdown of extraordinary income (loss)Extraordinary income Not disclosed / Extraordinary loss Loss on Disposal of Fixed Assets ¥0 thousand
Disclosure regarding the going concern assumptionNot applicable.
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate Yes / Restatement No
Changes in the scope of consolidationNew 0 companies (company name: —) / Excluded 0 companies (company name: —)
Material subsequent eventsNot applicable.
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo
Issued Shares at Period-End1,393,459
Treasury Shares at Period-End25,399
Factors Behind Changes in Business PerformanceDeliveries related to X-ray residual stress measurement systems were generally on schedule; some commissioned healthcare equipment development projects were discontinued and the start of new commissioned development projects was delayed; inquiries from major customers for optical application and special-purpose equipment systems were strong and deliveries were also generally on schedule.
Items this document does not state (3)
Revision to Earnings ForecastShareholder Return PolicyImpairment loss

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.

Deliveries related to X-ray residual stress measurement systems were generally on schedule, while inquiries from major customers for optical application and special-purpose equipment systems were strong and deliveries were also generally on schedule. In the healthcare equipment business, however, some commissioned development projects were discontinued and the start of new commissioned development projects was delayed. Overall, the Company worked to secure orders through exhibitions and academic conferences, webinars, demonstrations and sales activities.

How to read this page

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Financial Results for the Fiscal Year Ending March 2026 [Japanese GAAP] (Consolidated) | PULSTEC INDUSTRIAL CO.,LTD. (6894) timely disclosure | Komori