Komori
Results6908IRISO ELECTRONICS CO.,LTD.Electric Appliances & Precision Instruments

Consolidated Financial Results for the First Quarter of the Fiscal Year Ending March 2027 [Japanese GAAP]

In the first quarter, revenue increased 12.0% year on year and operating profit increased 75.2%, while ordinary profit fell 34.2% due to valuation losses on raw-material-related derivatives, resulting in a net loss of ¥278 million. The full-year earnings forecast remains unchanged, while the year-end dividend forecast is undecided.

Worth reading
40Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
12
% (year-on-year change in net sales)
Wording
Conditional
How definitive the wording is.

Results for this period

First quarter1 April 2026 to 30 June 2026ConsolidatedJapanese GAAP
Net Sales17,006¥ millionYear on year +12.0%Progress 25.4%
Operating profit1,648¥ millionYear on year +75.2%Progress 47.1%
Ordinary income687¥ millionYear on year -34.2%Progress 25.4%
Net income attributable to owners of the parent-278¥ 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-¥13.05
Financial position at period-end
Total assets101,552¥ million
of which net assets 73,660 ¥ millionEquity ratio 72.5%vs. prior year-end -6.1pt

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.

Segment revenue
Japan2,68815.8%
Asia10,38461.1%
Europe2,69015.8%
North America1,2427.3%
Segment profit
Japan60027.5%
Asia1,44066.0%
Europe884.0%
North America532.4%
Regional sales
Japan2,68815.8%
Asia10,38461.1%
Europe2,69015.8%
North America1,2427.3%
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥67,000 million (YoY +8.1%)
Operating profit¥3,500 million (YoY -35.6%)
Ordinary income¥2,700 million (YoY -56.0%)
Net income¥1,600 million (YoY -37.3%)
Annual Dividend Forecast100 yen → Undecided
Factors Behind Changes in Business Performance

In the mobility market, demand for high-speed transmission-compatible movable BtoB connectors and the weaker yen pushed up revenue, while lower unit sales in the Chinese market was a partial negative factor. In the industrial market, semiconductor-related capital investment driven by AI demand, as well as demand for FA equipment and energy management equipment, was strong. Operating profit increased due to higher revenue and cost-reduction initiatives, while ordinary profit declined due to valuation losses on raw-material-related derivatives.

Disclosure regarding the going concern assumption

None

Change in accounting policy
基準改正に伴う変更 Noneそれ以外の変更 None見積りの変更 None修正再表示 None
Changes in the scope of consolidationNew 0 companies / Excluded 0 companies / Company name N/A
Impairment lossNone recorded for the current period
Breakdown of extraordinary income (loss)Extraordinary income Item Gain on sale of non-current assets / Amount ¥2 million, Item Government subsidies / Amount ¥4 million / Extraordinary loss Item Loss on disposal of non-current assets / Amount ¥14 million
Depreciation and amortization¥1,768 million
Availability of Supplementary Financial Results MaterialsAvailable
Availability of Financial Results BriefingHeld (participants: Not disclosed)
Issued Shares at Period-End24,460,879
Treasury Shares at Period-End3,110,421
Results for this period
ItemDetails
Fiscal Period ClassificationFirst quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 June 2026
Net Sales¥17,006 million (YoY +12.0%)
Operating profit¥1,648 million (YoY +75.2%)
Ordinary income¥687 million (YoY -34.2%)
Profit attributable to owners of the parent¥-278 million
Net income per share-¥13.05
Equity ratioEnd of the current fiscal period 72.5 / End of previous period 78.6
Total assets¥101,552 million
Net assets¥73,660 million
Full-year earnings forecastNet Sales ¥67,000 million (YoY +8.1%) / Operating profit ¥3,500 million (YoY -35.6%) / Ordinary income ¥2,700 million (YoY -56.0%) / Net income ¥1,600 million (YoY -37.3%)
Annual Dividend Forecast100 yen → Undecided
Segment revenueSegment Japan / Net Sales ¥2,688 million / Year on year against the same period last year Not disclosed, Segment Asia / Net Sales ¥10,384 million / Year on year against the same period last year Not disclosed, Segment Europe / Net Sales ¥2,690 million / Year on year against the same period last year Not disclosed, Segment North America / Net Sales ¥1,242 million / Year on year against the same period last year Not disclosed
Segment profitSegment Japan / Segment profit ¥600 million / Year on year against the same period last year Not disclosed, Segment Asia / Segment profit ¥1,440 million / Year on year against the same period last year Not disclosed, Segment Europe / Segment profit ¥88 million / Year on year against the same period last year Not disclosed, Segment North America / Segment profit ¥53 million / Year on year against the same period last year Not disclosed
Regional salesRegion Japan / Net Sales ¥2,688 million, Region Asia / Net Sales ¥10,384 million, Region Europe / Net Sales ¥2,690 million, Region North America / Net Sales ¥1,242 million
Depreciation and amortization¥1,768 million
Impairment lossNone recorded for the current period
Breakdown of extraordinary income (loss)Extraordinary income Item Gain on sale of non-current assets / Amount ¥2 million, Item Government subsidies / Amount ¥4 million / Extraordinary loss Item Loss on disposal of non-current assets / Amount ¥14 million
Disclosure regarding the going concern assumptionNone
Change in accounting policyChanges due to revisions to standards None / Other changes None / Change in accounting estimate None / Restatement None
Changes in the scope of consolidationNew 0 companies / Excluded 0 companies / Company name N/A
Availability of Supplementary Financial Results MaterialsAvailable
Availability of Financial Results BriefingHeld (participants: Not disclosed)
Issued Shares at Period-End24,460,879
Treasury Shares at Period-End3,110,421
Factors Behind Changes in Business PerformanceIn the mobility market, demand for high-speed transmission-compatible movable BtoB connectors and the weaker yen pushed up revenue, while lower unit sales in the Chinese market was a partial negative factor. In the industrial market, semiconductor-related capital investment driven by AI demand, as well as demand for FA equipment and energy management equipment, was strong. Operating profit increased due to higher revenue and cost-reduction initiatives, while ordinary profit declined due to valuation losses on raw-material-related derivatives.
Items this document does not state (10)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodRevision to Earnings ForecastPayout ratioShareholder Return PolicyOrders received and order backlogMaterial 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.

Revenue increased due to demand for high-speed transmission connectors for the infotainment sector, semiconductor-related capital investment driven by AI demand, demand for energy management equipment, and the weaker yen. Operating profit benefited from higher revenue and cost-reduction initiatives, but was affected by higher raw material prices. Ordinary profit declined because valuation losses on raw-material-related derivatives were recorded.

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Consolidated Financial Results for the First Quarter of the Fiscal Year Ending March 2027 [Japanese GAAP] | IRISO ELECTRONICS CO.,LTD. (6908) timely disclosure | Komori