Komori
Results6919KEL CORPORATIONElectrical and Precision Instruments

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

During the interim period of the fiscal year ending March 2027, revenue and profit exceeded the year-earlier period, driven by growth in sales to the industrial equipment and medical equipment markets and in sales to China. The full-year forecasts were revised to revenue of ¥15,600 million and operating profit of ¥1,000 million, among other figures.

Worth reading
47Recurring
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
171.3
% (year-on-year change in operating income)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAP
Net Sales7,844¥ millionYear on year +28.8%Progress 50.3%
Operating profit424¥ millionYear on year +171.3%Progress 42.4%
Ordinary income434¥ millionYear on year +112.6%Progress 43.4%
Net income attributable to owners of the parent238¥ millionYear on year +76.6%

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¥32.72
Financial position at period-end
Total assets20,409¥ million
of which net assets 15,768 ¥ millionEquity ratio 77.3%vs. prior year-end -3.4pt

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+253,619
Investment-615,567
Financials+166,476
Net change-195,472

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¥4,578,457 thousand
Regional sales
Japan4,36227.8%+18.7%
China2,03713.0%+93.2%
Other Asia8435.4%+14.1%
Europe4472.8%-9.2%
North and Central America1521.0%+19.8%
Total7,84450.0%+28.8%
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥15,600 million (YoY +21.3%)
Operating profit¥1,000 million (YoY +251.1%)
Ordinary income¥1,000 million (YoY +160.1%)
Profit attributable to owners of the parent¥540 million (YoY +156.7%)
Revision to Earnings ForecastNet Sales Not disclosed → ¥15,600 million / Operating profit Not disclosed → ¥1,000 million / Ordinary income Not disclosed → ¥1,000 million / Profit attributable to owners of the parent Not disclosed → ¥540 million
Annual Dividend Forecast80 Yen → 80 Yen(0.0%)
Factors Behind Changes in Business Performance

The industrial equipment and medical equipment markets generally remained firm, while sales to China were strong. Profitability improved as sales to the industrial equipment market expanded, higher revenue had a positive impact, and capacity utilisation increased.

Disclosure regarding the going concern assumption

None. The notes on the going concern assumption state: “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 companies / Excluded 0 companies / Company name Not applicable
Breakdown of extraordinary income (loss)Extraordinary income Not disclosed / Extraordinary loss Item Costs related to measures addressing product defects / Amount ¥47,434 thousand, Item Loss on disposal of fixed assets / Amount ¥0 thousand
Depreciation and amortization¥443,450 thousand
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (audience: Not disclosed)
Issued Shares at Period-End7,743,000
Treasury Shares at Period-End467,662
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¥7,844 million (YoY +28.8%)
Operating profit¥424 million (YoY +171.3%)
Ordinary income¥434 million (YoY +112.6%)
Profit attributable to owners of the parent¥238 million (YoY +76.6%)
Net income per share¥32.72
Equity ratioEnd of the current fiscal period 77.3 / End of previous period 80.7
Total assets¥20,409 million
Net assets¥15,768 million
Cash flows from operating activities¥253,619 thousand
Cash flows from investing activities¥-615,567 thousand
Cash flows from financing activities¥166,476 thousand
Cash and cash equivalents at end of period¥4,578,457 thousand
Full-year earnings forecastNet Sales ¥15,600 million (YoY +21.3%) / Operating profit ¥1,000 million (YoY +251.1%) / Ordinary income ¥1,000 million (YoY +160.1%) / Profit attributable to owners of the parent ¥540 million (YoY +156.7%)
Revision to Earnings ForecastNet Sales Not disclosed → ¥15,600 million / Operating profit Not disclosed → ¥1,000 million / Ordinary income Not disclosed → ¥1,000 million / Profit attributable to owners of the parent Not disclosed → ¥540 million
Annual Dividend Forecast80 Yen → 80 Yen(0.0%)
Regional salesRegion Japan / Net Sales ¥4,362 million / Year on year against the same period last year ¥18.7 million, Region China / Net Sales ¥2,037 million / Year on year against the same period last year ¥93.2 million, Region Other Asia / Net Sales ¥843 million / Year on year against the same period last year ¥14.1 million, Region Europe / Net Sales ¥447 million / Year on year against the same period last year ¥-9.2 million, Region North and Central America / Net Sales ¥152 million / Year on year against the same period last year ¥19.8 million, Region Total / Net Sales ¥7,844 million / Year on year against the same period last year ¥28.8 million
Depreciation and amortization¥443,450 thousand
Breakdown of extraordinary income (loss)Extraordinary income Not disclosed / Extraordinary loss Item Costs related to measures addressing product defects / Amount ¥47,434 thousand, Item Loss on disposal of fixed assets / Amount ¥0 thousand
Disclosure regarding the going concern assumptionNone. The notes on the going concern assumption state: “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 companies / Excluded 0 companies / Company name Not applicable
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (audience: Not disclosed)
Issued Shares at Period-End7,743,000
Treasury Shares at Period-End467,662
Factors Behind Changes in Business PerformanceThe industrial equipment and medical equipment markets generally remained firm, while sales to China were strong. Profitability improved as sales to the industrial equipment market expanded, higher revenue had a positive impact, and capacity utilisation increased.
Items this document does not state (8)
Operating MarginPayout 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, primarily for semiconductor manufacturing equipment and factory automation equipment, and the medical equipment market remained firm, while sales to China were also strong. Profitability improved as sales to the core industrial equipment market expanded, higher revenue had a positive impact, and capacity utilisation increased.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
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 Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated) | KEL CORPORATION (6919) timely disclosure | Komori