Komori
Earnings6919KEL CORPORATIONElectrical Equipment and Precision Instruments

Summary of Financial Results for the First Quarter of the Fiscal Year Ending March 2027 (Japanese GAAP) (Consolidated)

In the first quarter, net sales increased 19.7% year on year, driven mainly by sales to the industrial and medical equipment markets, and operating income also improved significantly. Meanwhile, ¥47 million in costs related to measures addressing product defects was recorded as an extraordinary loss.

Worth reading
35Immaterial
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
427.5
% (year-on-year change in operating profit)
Wording
Conditional
How definitive the wording is.

Results for this period

First quarter1 April 2026 to 30 June 2026ConsolidatedJapanese GAAP
Net Sales3,524¥ millionYear on year +19.7%Progress 25.5%
Operating profit80¥ millionYear on year +427.5%Progress 27.6%
Ordinary income112¥ millionYear on year +238.7%Progress 35.0%
Net income attributable to owners of the parent27¥ millionYear on year +161.8%

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¥3.82
Financial position at period-end
Total assets19,366¥ million
of which net assets 15,234 ¥ millionEquity ratio 78.7%vs. prior year-end -2.0pt

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.

Regional sales
Japan2,05858.4%+13.4%
China73821.0%+54.1%
Other Asia41211.7%+21.8%
Europe2236.3%-12.2%
North and Central America912.6%+59.6%
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥13,800 million (YoY +7.3%)
Operating profit¥290 million (YoY +1.8%)
Ordinary income¥320 million (YoY -16.8%)
Profit attributable to owners of the parent¥130 million (YoY -38.2%)
Revision to Earnings ForecastNot disclosed → 2Q cumulative Net Sales 7,000 / Operating profit 140 / Ordinary income 170 / Profit attributable to owners of the parent 60 / Full year Net Sales 13,800 / Operating profit 290 / Ordinary income 320 / Profit attributable to owners of the parent 130
Annual Dividend ForecastPrevious-period results 80 → Current fiscal year forecast 80(0.0%)
Factors Behind Changes in Business Performance

Profitability improved due to strong sales, particularly in the industrial and medical equipment markets, expanded sales to the industrial equipment market, an improved sales mix and the effect of higher sales. ¥47 million in costs related to measures addressing product defects was recorded as expenses for responding to quality issues involving certain products.

Disclosure regarding the going concern assumption

No applicable matters ("There are 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 0 / Excluded 0 / Company name Not disclosed
Breakdown of extraordinary income (loss)Extraordinary income Not disclosed / Extraordinary loss Loss on Disposal of Fixed Assets ¥0 thousand, Costs related to measures addressing product defects ¥47,434 thousand
Depreciation and amortization¥228,549 thousand
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End7,743,000 shares
Treasury Shares at Period-End467,662 shares
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¥3,524 million (YoY +19.7%)
Operating profit¥80 million (YoY +427.5%)
Ordinary income¥112 million (YoY +238.7%)
Profit attributable to owners of the parent¥27 million (YoY +161.8%)
Net income per share¥3.82
Equity ratioEnd of the current fiscal period 78.7 / End of previous period 80.7
Total assets¥19,366 million
Net assets¥15,234 million
Full-year earnings forecastNet Sales ¥13,800 million (YoY +7.3%) / Operating profit ¥290 million (YoY +1.8%) / Ordinary income ¥320 million (YoY -16.8%) / Profit attributable to owners of the parent ¥130 million (YoY -38.2%)
Revision to Earnings ForecastNot disclosed → 2Q cumulative Net Sales 7,000 / Operating profit 140 / Ordinary income 170 / Profit attributable to owners of the parent 60 / Full year Net Sales 13,800 / Operating profit 290 / Ordinary income 320 / Profit attributable to owners of the parent 130
Annual Dividend ForecastPrevious-period results 80 → Current fiscal year forecast 80(0.0%)
Regional salesRegion Japan / Net Sales ¥2,058 million / Year on year against the same period last year ¥13.4 million, Region China / Net Sales ¥738 million / Year on year against the same period last year ¥54.1 million, Region Other Asia / Net Sales ¥412 million / Year on year against the same period last year ¥21.8 million, Region Europe / Net Sales ¥223 million / Year on year against the same period last year ¥-12.2 million, Region North and Central America / Net Sales ¥91 million / Year on year against the same period last year ¥59.6 million
Depreciation and amortization¥228,549 thousand
Breakdown of extraordinary income (loss)Extraordinary income Not disclosed / Extraordinary loss Loss on Disposal of Fixed Assets ¥0 thousand, Costs related to measures addressing product defects ¥47,434 thousand
Disclosure regarding the going concern assumptionNo applicable matters ("There are no 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 0 / Excluded 0 / Company name Not disclosed
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End7,743,000 shares
Treasury Shares at Period-End467,662 shares
Factors Behind Changes in Business PerformanceProfitability improved due to strong sales, particularly in the industrial and medical equipment markets, expanded sales to the industrial equipment market, an improved sales mix and the effect of higher sales. ¥47 million in costs related to measures addressing product defects was recorded as expenses for responding to quality issues involving certain products.
Items this document does not state (12)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodPayout ratioShareholder Return PolicySegment revenueSegment profitOrders received and order backlogImpairment 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.

The industrial equipment market, including semiconductor manufacturing equipment and factory automation equipment, and the medical equipment market, including ultrasound endoscopes and ultrasound diagnostic systems, performed strongly. Profitability improved due to expanded sales to the industrial equipment market, an improved sales mix and the effect of higher sales. In addition, costs related to measures addressing product defects were recorded as expenses for responding to quality issues involving certain products.

How to read this page

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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.
Summary of Financial Results for the First Quarter of the Fiscal Year Ending March 2027 (Japanese GAAP) (Consolidated) | KEL CORPORATION (6919) timely disclosure | Komori