Komori
Results6894PULSTEC INDUSTRIAL CO.,LTD.Electric appliances and precision instruments

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

Interim sales were ¥1,001 million, down 3.8% year on year, while the operating result swung from a profit of ¥89 million to a loss of ¥32 million. The full-year earnings forecast was unchanged, while the annual dividend forecast was increased from ¥85 to ¥90.

Worth reading
56In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Deterioration
Direction inferred from the company’s description.
Scale
-32
¥ million
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAP
Net Sales1,001¥ millionYear on year -3.8%Progress 37.1%
Operating profit-32¥ million
Ordinary income-22¥ million
Net income attributable to owners of the parent-19¥ million

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−¥14.08
Financial position at period-end
Total assets4,643¥ million
of which net assets 3,883 ¥ millionEquity ratio 83.6%vs. prior year-end +3.7pt

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+75,156
Investment-344,355
Financials-114,564
Net change-383,763

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¥1,346,218 thousand
Segment revenueX-ray residual stress measurement systems ¥225,975 thousand (YoY -40.4%), Healthcare Equipment ¥372,159 thousand (YoY +40.7%), Optical Application and Specialized Equipment ¥403,825 thousand (YoY +1.7%)
Segment profitX-ray residual stress measurement systems ¥25,879 thousand (YoY -81.0%), Healthcare Equipment ¥-11,024 thousand, Optical Application and Specialized Equipment ¥108,628 thousand (YoY +9.0%)
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%)
Net income¥300 million (YoY +5.0%)
Annual Dividend Forecast¥85 → ¥90
Factors Behind Changes in Business Performance

Extended lead times for key components, a low order backlog at the beginning of the period and sluggish sales in the first half, and increased work hours associated with resolving issues at the acceptance stage of healthcare projects.

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 Number of companies 0 / Company name Not applicable / Excluded Number of companies 0 / Company name Not applicable
Breakdown of extraordinary income (loss)Extraordinary income Not disclosed / Extraordinary loss Loss on disposal of fixed assets ¥0 thousand
Depreciation and amortization¥53,899 thousand
Orders received and order backlogOrders received ¥841,861 thousand / Order backlog ¥1,683,564 thousand
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End1,393,459
Treasury Shares at Period-End25,399
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 September 2026
Net Sales¥1,001 million (YoY -3.8%)
Operating profit¥-32 million
Ordinary income¥-22 million
Profit attributable to owners of the parent¥-19 million
Net income per share−¥14.08
Equity ratioEnd of the current fiscal period 83.6 / End of previous period 79.9
Total assets¥4,643 million
Net assets¥3,883 million
Cash flows from operating activities¥75,156 thousand
Cash flows from investing activities¥-344,355 thousand
Cash flows from financing activities¥-114,564 thousand
Cash and cash equivalents at end of period¥1,346,218 thousand
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%) / Net income ¥300 million (YoY +5.0%)
Annual Dividend Forecast¥85 → ¥90
Segment revenueX-ray residual stress measurement systems ¥225,975 thousand (YoY -40.4%), Healthcare Equipment ¥372,159 thousand (YoY +40.7%), Optical Application and Specialized Equipment ¥403,825 thousand (YoY +1.7%)
Segment profitX-ray residual stress measurement systems ¥25,879 thousand (YoY -81.0%), Healthcare Equipment ¥-11,024 thousand, Optical Application and Specialized Equipment ¥108,628 thousand (YoY +9.0%)
Orders received and order backlogOrders received ¥841,861 thousand / Order backlog ¥1,683,564 thousand
Depreciation and amortization¥53,899 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 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 Number of companies 0 / Company name Not applicable / Excluded Number of companies 0 / Company name Not applicable
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End1,393,459
Treasury Shares at Period-End25,399
Factors Behind Changes in Business PerformanceExtended lead times for key components, a low order backlog at the beginning of the period and sluggish sales in the first half, and increased work hours associated with resolving issues at the acceptance stage of healthcare projects.
Items this document does not state (7)
Operating MarginRevision to Earnings ForecastPayout ratioShareholder Return PolicyRegional salesImpairment 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.

There were cases where extended lead times for key components made it impossible to meet customers’ requested delivery dates; sales in the first half struggled because the order backlog at the beginning of the period was low; and resolving issues at the acceptance stage of healthcare projects took time, resulting in more work hours than initially planned.

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Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated) | PULSTEC INDUSTRIAL CO.,LTD. (6894) timely disclosure | Komori