Komori
Earnings6897TWINBIRD CORPORATIONElectrical Equipment and Precision Instruments

Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending February 2027 [Japanese GAAP] (Non-consolidated)

Interim net sales increased 10.1% year on year, driven by growth in the high-margin B2B business. Operating profit turned from a ¥399 million loss in the same period of the previous year to a ¥116 million profit, while interim net profit also reached ¥32 million.

Worth reading
50Recurring
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
116
¥ million
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 March 2026 to 31 August 2026Non-consolidated (standalone)Japanese GAAP
Net Sales4,677¥ millionYear on year +10.1%Progress 48.7%
Operating profit116¥ millionProgress 116.0%
Ordinary income108¥ millionProgress 144.0%
Net income attributable to owners of the parent32¥ millionProgress 71.1%

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¥3.05
Financial position at period-end
Total assets9,330¥ million
of which net assets 6,489 ¥ millionEquity ratio 69.6%vs. prior year-end +3.5pt

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+256,835
Investment+112,175
Financials-669,981
Net change-300,971

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¥401,758 thousand
Segment revenueHome Appliances Business ¥4,482 million, FPSC Business ¥194 million
Segment profitHome Appliances Business ¥463 million, FPSC Business ¥53 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥9,600 million (YoY +6.7%)
Operating profit¥100 million
Ordinary income¥75 million
Net income¥45 million
Revision to Earnings ForecastNot disclosed
Annual Dividend Forecast¥13 → ¥13(0.0%)
Factors Behind Changes in Business Performance

Growth in sales from the high-margin B2B business through the development of new sales channels, progress in shifting fixed costs to variable costs, and progress in reducing expenses such as logistics costs.

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
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥8,310 thousand, Gain on sale of investment securities ¥52,987 thousand / Extraordinary loss Loss on sale of fixed assets ¥249 thousand, Losses on disposal of fixed assets ¥265 thousand, Costs related to responding to an acquisition proposal ¥114,672 thousand
Depreciation and amortization¥181,225 thousand
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingHeld (for institutional investors and the media)
Issued Shares at Period-End10,906,300 Shares
Treasury Shares at Period-End240,750 Shares
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedNon-consolidated (standalone)
Period Covered1 March 2026 to 31 August 2026
Net Sales¥4,677 million (YoY +10.1%)
Operating profit¥116 million
Ordinary income¥108 million
Profit attributable to owners of the parent¥32 million
Net income per share¥3.05
Equity ratioEnd of the current fiscal period 69.6 / End of previous period 66.1
Total assets¥9,330 million
Net assets¥6,489 million
Cash flows from operating activities¥256,835 thousand
Cash flows from investing activities¥112,175 thousand
Cash flows from financing activities¥-669,981 thousand
Cash and cash equivalents at end of period¥401,758 thousand
Full-year earnings forecastNet Sales ¥9,600 million (YoY +6.7%) / Operating profit ¥100 million / Ordinary income ¥75 million / Net income ¥45 million
Revision to Earnings ForecastNot disclosed
Annual Dividend Forecast¥13 → ¥13(0.0%)
Segment revenueHome Appliances Business ¥4,482 million, FPSC Business ¥194 million
Segment profitHome Appliances Business ¥463 million, FPSC Business ¥53 million
Depreciation and amortization¥181,225 thousand
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥8,310 thousand, Gain on sale of investment securities ¥52,987 thousand / Extraordinary loss Loss on sale of fixed assets ¥249 thousand, Losses on disposal of fixed assets ¥265 thousand, Costs related to responding to an acquisition proposal ¥114,672 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 No / Restatement No
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingHeld (for institutional investors and the media)
Issued Shares at Period-End10,906,300 Shares
Treasury Shares at Period-End240,750 Shares
Factors Behind Changes in Business PerformanceGrowth in sales from the high-margin B2B business through the development of new sales channels, progress in shifting fixed costs to variable costs, and progress in reducing expenses such as logistics costs.
Items this document does not state (8)
Operating MarginPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogImpairment lossChanges in the scope of consolidationMaterial 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.

The reasons given for the improvement in profitability are growth in B2B sales through the development of new sales channels, shifting fixed costs to variable costs, and reducing expenses such as logistics costs. With respect to interim net profit, the company recorded ¥114 million in costs related to responding to an acquisition proposal, while also recording a ¥52 million gain on the sale of investment securities.

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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending February 2027 [Japanese GAAP] (Non-consolidated) | TWINBIRD CORPORATION (6897) timely disclosure | Komori