Komori
Earnings6932ENDO Lighting CorporationElectric Appliances & Precision Instruments

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

For the interim period of the fiscal year ending March 2027, net sales increased 7.9% year on year and operating income increased 2.3%, while interim net income attributable to owners of the parent declined 6.7% due to the impact of income taxes adjustments. The full-year earnings forecast and annual dividend forecast remain unchanged from the previous forecasts.

Worth reading
50Recurring
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
7.9
% (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 Sales27,128¥ millionYear on year +7.9%Progress 45.6%
Operating profit2,124¥ millionYear on year +2.3%Progress 35.4%
Ordinary income2,325¥ millionYear on year +3.7%Progress 37.5%
Net income attributable to owners of the parent1,507¥ millionYear on year -6.7%

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¥102.06
Financial position at period-end
Total assets75,975¥ million
of which net assets 51,867 ¥ millionEquity ratio 68.3%vs. prior year-end +3.0pt

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.

Cash inflows and outflows
Operating+2,864
Investment-3,004
Financials-2,549
Net change-2,689

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¥21,229 million
Segment revenueLighting-Equipment Business ¥24,344 million (YoY +7.7%), Environmental Business ¥4,907 million (YoY +5.0%), Interior Furniture Business ¥463 million (YoY -15.7%)
Segment profitLighting-Equipment Business ¥2,470 million (YoY +3.6%), Environmental Business ¥454 million (YoY +10.6%), Interior Furniture Business ¥-7 million
Regional sales¥15,002 million, ¥1,490 million, ¥7,343 million, ¥1,055 million, ¥7 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥59,500 million (YoY +7.3%)
Operating profit¥6,000 million (YoY +4.5%)
Ordinary income¥6,200 million (YoY +4.5%)
Profit attributable to owners of the parent¥4,400 million (YoY +1.3%)
Revision to Earnings ForecastNone
Annual Dividend Forecast¥88 → ¥88(0.0%)
Factors Behind Changes in Business Performance

Revenue increased as the company captured demand for energy-saving solutions, equipment replacement in support of a decarbonised society, and large-scale facilities such as newly built commercial facilities and offices, and promoted the development and sales of new products. The company also pursued price revisions, cost reductions and selling, general and administrative expense reductions, but interim net income attributable to owners of the parent declined due to the impact of tax-effect accounting.

Disclosure regarding the going concern assumption

Not applicable

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 Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥1 million, Gain on sale of investment securities ¥59 million / Extraordinary loss Loss on sale of property, plant and equipment ¥0 million
Depreciation and amortization¥1,682 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (for securities analysts and institutional investors)
Issued Shares at Period-End14,776,321
Treasury Shares at Period-End2,906
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¥27,128 million (YoY +7.9%)
Operating profit¥2,124 million (YoY +2.3%)
Ordinary income¥2,325 million (YoY +3.7%)
Profit attributable to owners of the parent¥1,507 million (YoY -6.7%)
Net income per share¥102.06
Equity ratioEnd of the current fiscal period 68.3 / End of previous period 65.3
Total assets¥75,975 million
Net assets¥51,867 million
Cash flows from operating activities¥2,864 million
Cash flows from investing activities¥-3,004 million
Cash flows from financing activities¥-2,549 million
Cash and cash equivalents at end of period¥21,229 million
Full-year earnings forecastNet Sales ¥59,500 million (YoY +7.3%) / Operating profit ¥6,000 million (YoY +4.5%) / Ordinary income ¥6,200 million (YoY +4.5%) / Profit attributable to owners of the parent ¥4,400 million (YoY +1.3%)
Revision to Earnings ForecastNone
Annual Dividend Forecast¥88 → ¥88(0.0%)
Segment revenueLighting-Equipment Business ¥24,344 million (YoY +7.7%), Environmental Business ¥4,907 million (YoY +5.0%), Interior Furniture Business ¥463 million (YoY -15.7%)
Segment profitLighting-Equipment Business ¥2,470 million (YoY +3.6%), Environmental Business ¥454 million (YoY +10.6%), Interior Furniture Business ¥-7 million
Regional sales¥15,002 million, ¥1,490 million, ¥7,343 million, ¥1,055 million, ¥7 million
Depreciation and amortization¥1,682 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥1 million, Gain on sale of investment securities ¥59 million / Extraordinary loss Loss on sale of property, plant and equipment ¥0 million
Disclosure regarding the going concern assumptionNot applicable
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 Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (for securities analysts and institutional investors)
Issued Shares at Period-End14,776,321
Treasury Shares at Period-End2,906
Factors Behind Changes in Business PerformanceRevenue increased as the company captured demand for energy-saving solutions, equipment replacement in support of a decarbonised society, and large-scale facilities such as newly built commercial facilities and offices, and promoted the development and sales of new products. The company also pursued price revisions, cost reductions and selling, general and administrative expense reductions, but interim net income attributable to owners of the parent declined due to the impact of tax-effect accounting.
Items this document does not state (6)
Operating MarginPayout 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 as the company captured demand for energy-saving solutions, equipment replacement driven by decarbonisation, and large-scale facilities such as newly built commercial facilities and offices, and promoted sales of new products and lighting solutions. The company pursued price revisions, cost reductions and selling, general and administrative expense reductions in response to soaring raw material prices and the weaker yen, but the income taxes adjustment amounted to ¥291 million due to the impact of tax-effect accounting, resulting in a decline in interim net income attributable to owners of the parent.

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Financial Results Summary for the Fiscal Year Ending March 2027: Second Quarter (Interim Period) [Japanese GAAP] (Consolidated) | ENDO Lighting Corporation (6932) timely disclosure | Komori