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

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

For the interim period of the fiscal year ending March 2027, revenue and operating profit exceeded the same period of the previous year, while ordinary profit and interim net profit attributable to owners of the parent declined due to foreign exchange losses, valuation losses on derivatives and other factors. The full-year earnings and dividend forecasts were revised, with the annual dividend forecast set at ¥100.

Worth reading
63In focus
Scored from 5 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
11.6
% (year-on-year change in net sales)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAP
Net Sales34,568¥ millionYear on year +11.6%Progress 51.6%
Operating profit3,196¥ millionYear on year +19.2%Progress 72.6%
Ordinary income2,408¥ millionYear on year -17.5%Progress 75.3%
Net income attributable to owners of the parent591¥ millionYear on year -71.5%Progress 73.9%

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¥27.73
Financial position at period-end
Total assets97,263¥ million
of which net assets 73,303 ¥ millionEquity ratio 75.4%vs. prior year-end -3.2pt

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+4,230
Investment-3,351
Financials-617
Net change+262

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¥28,761 million
Segment revenueJapan Current fiscal year ¥5,582 million / Same period of the previous fiscal year ¥4,942 million / yoy_pct Not disclosed / Asia Current fiscal year ¥21,280 million / Same period of the previous fiscal year ¥18,809 million / yoy_pct Not disclosed / Europe Current fiscal year ¥5,143 million / Same period of the previous fiscal year ¥4,814 million / yoy_pct Not disclosed / North America Current fiscal year ¥2,561 million / Same period of the previous fiscal year ¥2,418 million / yoy_pct Not disclosed
Segment profitJapan Current fiscal year ¥648 million / Same period of the previous fiscal year ¥1,827 million / yoy_pct Not disclosed / Asia Current fiscal year ¥3,581 million / Same period of the previous fiscal year ¥2,903 million / yoy_pct Not disclosed / Europe Current fiscal year ¥161 million / Same period of the previous fiscal year ¥240 million / yoy_pct Not disclosed / North America Current fiscal year ¥85 million / Same period of the previous fiscal year ¥6 million / yoy_pct Not disclosed
Regional salesJapan Current fiscal year ¥5,582 million / Same period of the previous fiscal year ¥4,942 million / yoy_pct Not disclosed / Asia Current fiscal year ¥21,280 million / Same period of the previous fiscal year ¥18,809 million / yoy_pct Not disclosed / Europe Current fiscal year ¥5,143 million / Same period of the previous fiscal year ¥4,814 million / yoy_pct Not disclosed / North America Current fiscal year ¥2,561 million / Same period of the previous fiscal year ¥2,418 million / yoy_pct Not disclosed
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥67,000 million (YoY +8.1%)
Operating profit¥4,400 million (YoY -19.1%)
Ordinary income¥3,200 million (YoY -47.8%)
Net income¥800 million (YoY -68.7%)
Revision to Earnings ForecastNot disclosed → Net Sales 67,000 / Operating profit 4,400 / Ordinary income 3,200 / Net income 800
Annual Dividend Forecast¥100 → ¥100(0.0%)
Factors Behind Changes in Business Performance

In the mobility market, demand for high-speed transmission-compatible movable BtoB connectors and powertrain products for xEVs remained firm, and the weaker yen also contributed, resulting in a 9.2% year-on-year increase in revenue. The industrial market increased 50.7%, driven by strong semiconductor-related capital investment based on AI demand and demand for FA equipment and energy management equipment. The consumer market declined 1.0% due to the reaction to front-loaded orders made in anticipation of the tariff policy in the same period of the previous year. Operating profit increased due to the effect of higher revenue and cost reductions, but was affected by higher raw material prices and increased expenses, including personnel 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
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 eventsAt a meeting of the Board of Directors held on 13 November 2026, the Company resolved to acquire treasury shares from 20 November 2026 through 29 October 2027, up to a maximum of 1,000,000 common shares and an aggregate acquisition cost of ¥3 billion. The reasons are to improve capital efficiency, return profits to shareholders, and enhance shareholder value.
Impairment loss¥196 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of property, plant and equipment ¥6 million, Government subsidies ¥4 million / Extraordinary loss Loss on disposal of property, plant and equipment ¥52 million, Impairment loss ¥196 million
Depreciation and amortization¥3,554 million
Availability of Supplementary Financial Results MaterialsAvailable
Availability of Financial Results BriefingWhether applicable Available / Subject person Not disclosed
Issued Shares at Period-End24,460,879
Treasury Shares at Period-End3,110,421
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¥34,568 million (YoY +11.6%)
Operating profit¥3,196 million (YoY +19.2%)
Ordinary income¥2,408 million (YoY -17.5%)
Profit attributable to owners of the parent¥591 million (YoY -71.5%)
Net income per share¥27.73
Equity ratioEnd of the current fiscal period 75.4 / End of previous period 78.6
Total assets¥97,263 million
Net assets¥73,303 million
Cash flows from operating activities¥4,230 million
Cash flows from investing activities¥-3,351 million
Cash flows from financing activities¥-617 million
Cash and cash equivalents at end of period¥28,761 million
Full-year earnings forecastNet Sales ¥67,000 million (YoY +8.1%) / Operating profit ¥4,400 million (YoY -19.1%) / Ordinary income ¥3,200 million (YoY -47.8%) / Net income ¥800 million (YoY -68.7%)
Revision to Earnings ForecastNot disclosed → Net Sales 67,000 / Operating profit 4,400 / Ordinary income 3,200 / Net income 800
Annual Dividend Forecast¥100 → ¥100(0.0%)
Segment revenueJapan Current fiscal year ¥5,582 million / Same period of the previous fiscal year ¥4,942 million / yoy_pct Not disclosed / Asia Current fiscal year ¥21,280 million / Same period of the previous fiscal year ¥18,809 million / yoy_pct Not disclosed / Europe Current fiscal year ¥5,143 million / Same period of the previous fiscal year ¥4,814 million / yoy_pct Not disclosed / North America Current fiscal year ¥2,561 million / Same period of the previous fiscal year ¥2,418 million / yoy_pct Not disclosed
Segment profitJapan Current fiscal year ¥648 million / Same period of the previous fiscal year ¥1,827 million / yoy_pct Not disclosed / Asia Current fiscal year ¥3,581 million / Same period of the previous fiscal year ¥2,903 million / yoy_pct Not disclosed / Europe Current fiscal year ¥161 million / Same period of the previous fiscal year ¥240 million / yoy_pct Not disclosed / North America Current fiscal year ¥85 million / Same period of the previous fiscal year ¥6 million / yoy_pct Not disclosed
Regional salesJapan Current fiscal year ¥5,582 million / Same period of the previous fiscal year ¥4,942 million / yoy_pct Not disclosed / Asia Current fiscal year ¥21,280 million / Same period of the previous fiscal year ¥18,809 million / yoy_pct Not disclosed / Europe Current fiscal year ¥5,143 million / Same period of the previous fiscal year ¥4,814 million / yoy_pct Not disclosed / North America Current fiscal year ¥2,561 million / Same period of the previous fiscal year ¥2,418 million / yoy_pct Not disclosed
Depreciation and amortization¥3,554 million
Impairment loss¥196 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of property, plant and equipment ¥6 million, Government subsidies ¥4 million / Extraordinary loss Loss on disposal of property, plant and equipment ¥52 million, Impairment loss ¥196 million
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 eventsAt a meeting of the Board of Directors held on 13 November 2026, the Company resolved to acquire treasury shares from 20 November 2026 through 29 October 2027, up to a maximum of 1,000,000 common shares and an aggregate acquisition cost of ¥3 billion. The reasons are to improve capital efficiency, return profits to shareholders, and enhance shareholder value.
Availability of Supplementary Financial Results MaterialsAvailable
Availability of Financial Results BriefingWhether applicable Available / Subject person 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 powertrain products for xEVs remained firm, and the weaker yen also contributed, resulting in a 9.2% year-on-year increase in revenue. The industrial market increased 50.7%, driven by strong semiconductor-related capital investment based on AI demand and demand for FA equipment and energy management equipment. The consumer market declined 1.0% due to the reaction to front-loaded orders made in anticipation of the tariff policy in the same period of the previous year. Operating profit increased due to the effect of higher revenue and cost reductions, but was affected by higher raw material prices and increased expenses, including personnel costs.
Items this document does not state (4)
Operating MarginPayout ratioShareholder Return PolicyOrders 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.

In the mobility market, demand for high-speed transmission-compatible connectors and xEV-related products remained firm. In the industrial market, semiconductor-related capital investment driven by AI demand was strong, and the weaker yen also contributed to higher revenue. The increase in revenue and cost reductions in operating profit exceeded the effects of higher raw material prices and increased expenses, including personnel costs.

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