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Results6926OKAYA ELECTRIC INDUSTRIES CO.,LTD.Electric Appliances & Precision Instruments

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

In the interim period of the fiscal year ending March 2027, revenue increased 20.2% year on year, driven by demand for industrial equipment and other products. Operating, ordinary, and net losses all narrowed from the same period of the previous year, but the company remained in the red.

Worth reading
40Recurring
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
20.2
Year-on-year change in net sales (%)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026–30 September 2026ConsolidatedJapanese GAAP
Net Sales5,988¥ millionYear on year +20.2%Progress 52.1%
Operating profit-878¥ million
Ordinary income-871¥ million
Net income attributable to owners of the parent-823¥ 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¥(36.79)
Financial position at period-end
Total assets13,823¥ million
of which net assets 5,436 ¥ millionEquity ratio 39.3%vs. prior year-end -4.9pt

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-705,031
Investment-109,972
Financials+133,615
Net change-681,388

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¥889,522 thousand
Segment revenue
Capacitor Products2,800,62846.8%+131.0%
Noise and Surge Protection Products2,093,17535.0%+120.0%
Display and Lighting Products920,53415.4%+96.0%
Sensor products174,0382.9%+124.0%
Segment profit
Capacitor Products-260,788
Noise and Surge Protection Products-147,924
Display and Lighting Products47,062
Sensor products25,505
Regional salesCurrent interim consolidated accounting period Japan 3,151,913 / Hong Kong 579,652 / Thailand 794,943 / China 563,403 / Other Asia 527,142 / North America 360,516 / Other 10,806 / Total 5,988,378 / Year-earlier interim consolidated accounting period Japan 2,337,420 / Hong Kong 506,833 / Thailand 686,962 / China 424,310 / Other Asia 567,509 / North America 434,466 / Other 23,564 / Total 4,981,066
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥11,500 million (YoY +12.4%)
Operating profit¥-540 million
Ordinary income¥-500 million
Profit attributable to owners of the parent¥-520 million
Net income per share¥(23.23)
Annual Dividend Forecast0 Yen → 0 Yen(0.0%)
Factors Behind Changes in Business Performance

For industrial equipment, sales continued to trend upward against the backdrop of solid demand for AI- and data-center-related products and factory automation products, among others, resulting in higher revenue, mainly from capacitor products and noise and surge protection products. On the profit front, the impact of higher raw-material procurement costs, including those resulting from the situation in the Middle East, came first.

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 0 / Excluded 0 / Company name None
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of membership rights ¥3,033 thousand / Extraordinary loss Not disclosed
Depreciation and amortization¥154,873 thousand
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo
Issued Shares at Period-End22,921,562
Treasury Shares at Period-End499,547
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026–30 September 2026
Net Sales¥5,988 million (YoY +20.2%)
Operating profit¥-878 million
Ordinary income¥-871 million
Profit attributable to owners of the parent¥-823 million
Net income per share¥(36.79)
Equity ratioEnd of the current fiscal period 39.3 / End of previous period 44.2
Total assets¥13,823 million
Net assets¥5,436 million
Cash flows from operating activities¥-705,031 thousand
Cash flows from investing activities¥-109,972 thousand
Cash flows from financing activities¥133,615 thousand
Cash and cash equivalents at end of period¥889,522 thousand
Full-year earnings forecastNet Sales ¥11,500 million (YoY +12.4%) / Operating profit ¥-540 million / Ordinary income ¥-500 million / Profit attributable to owners of the parent ¥-520 million / Net income per share ¥(23.23)
Annual Dividend Forecast0 Yen → 0 Yen(0.0%)
Segment revenueCapacitor Products ¥2,800,628 thousand (YoY +131.0%) / Noise and Surge Protection Products ¥2,093,175 thousand (YoY +120.0%) / Display and Lighting Products ¥920,534 thousand (YoY +96.0%) / Sensor products ¥174,038 thousand (YoY +124.0%)
Segment profitCapacitor Products ¥-260,788 thousand / Noise and Surge Protection Products ¥-147,924 thousand / Display and Lighting Products ¥47,062 thousand / Sensor products ¥25,505 thousand
Regional salesCurrent interim consolidated accounting period Japan 3,151,913 / Hong Kong 579,652 / Thailand 794,943 / China 563,403 / Other Asia 527,142 / North America 360,516 / Other 10,806 / Total 5,988,378 / Year-earlier interim consolidated accounting period Japan 2,337,420 / Hong Kong 506,833 / Thailand 686,962 / China 424,310 / Other Asia 567,509 / North America 434,466 / Other 23,564 / Total 4,981,066
Depreciation and amortization¥154,873 thousand
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of membership rights ¥3,033 thousand / Extraordinary loss Not disclosed
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 0 / Excluded 0 / Company name None
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo
Issued Shares at Period-End22,921,562
Treasury Shares at Period-End499,547
Factors Behind Changes in Business PerformanceFor industrial equipment, sales continued to trend upward against the backdrop of solid demand for AI- and data-center-related products and factory automation products, among others, resulting in higher revenue, mainly from capacitor products and noise and surge protection products. On the profit front, the impact of higher raw-material procurement costs, including those resulting from the situation in the Middle East, came first.
Items this document does not state (7)
Operating MarginRevision to Earnings ForecastPayout ratioShareholder Return PolicyOrders 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.

Revenue increased, driven by demand for industrial equipment, particularly AI- and data-center-related products and factory automation products. Rising raw-material procurement costs put pressure on profit initially, but the company is implementing product price revisions, consolidation and elimination of low-margin products, material reviews, procurement cost reductions, and reviews of its production structure and fixed costs.

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.
Earnings Summary for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated) | OKAYA ELECTRIC INDUSTRIES CO.,LTD. (6926) timely disclosure | Komori