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Earnings6946Nippon Avionics Co.,Ltd.Electrical Equipment and Precision Instruments

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

In the first quarter of the fiscal year ending March 2027, net sales rose 64.9% year on year, while operating income also increased substantially, improving consolidated results. The full-year earnings forecast remains unchanged.

Worth reading
63In focus
Scored from 4 of 6 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
64.9
% (year-on-year change in revenue)
Wording
Conditional
How definitive the wording is.

Results for this period

First quarter1 April 2026 to 30 June 2026ConsolidatedJapanese GAAP
Net Sales8,304¥ millionYear on year +64.9%
Operating profit1,727¥ million
Ordinary income1,684¥ million
Net income attributable to owners of the parent1,148¥ 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.

Financial position at period-end
Total assets40,489¥ million
of which net assets 17,081 ¥ million

The shaded area represents net assets as a proportion of total assets. It is calculated from the two amounts reported by the company.

Segment revenueInformation Systems ¥7,240 million (YoY +80.1%), Electronic equipment ¥1,064 million (YoY +4.6%), Total ¥8,304 million (YoY +64.9%)
Segment profitInformation Systems ¥1,742 million, Electronic equipment ¥-15 million, Total ¥1,727 million
Regional sales¥93 million, ¥546 million, ¥639 million
Outlook and shareholder returns
Revision to Earnings ForecastNo revision
Factors Behind Changes in Business Performance

Information Systems posted higher net sales against a backdrop of a high defense budget, while demand for equipment in Electronic Equipment remained firm due to increased demand for data servers and other products.

Disclosure regarding the going concern assumption

No applicable matters

Impairment lossNo applicable matters
Breakdown of extraordinary income (loss)Extraordinary income Not disclosed / Extraordinary loss Loss on Disposal of Fixed Assets ¥0 million
Depreciation and amortization¥136 million
Orders received and order backlogOrders received Information Systems 15,684 / Electronic equipment 1,875 / Total 17,560 / Order backlog Information Systems 38,102 / Electronic equipment 2,274 / Total 40,376
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¥8,304 million (YoY +64.9%)
Operating profit¥1,727 million
Ordinary income¥1,684 million
Profit attributable to owners of the parent¥1,148 million
Total assets¥40,489 million
Net assets¥17,081 million
Revision to Earnings ForecastNo revision
Segment revenueInformation Systems ¥7,240 million (YoY +80.1%), Electronic equipment ¥1,064 million (YoY +4.6%), Total ¥8,304 million (YoY +64.9%)
Segment profitInformation Systems ¥1,742 million, Electronic equipment ¥-15 million, Total ¥1,727 million
Regional sales¥93 million, ¥546 million, ¥639 million
Orders received and order backlogOrders received Information Systems 15,684 / Electronic equipment 1,875 / Total 17,560 / Order backlog Information Systems 38,102 / Electronic equipment 2,274 / Total 40,376
Depreciation and amortization¥136 million
Impairment lossNo applicable matters
Breakdown of extraordinary income (loss)Extraordinary income Not disclosed / Extraordinary loss Loss on Disposal of Fixed Assets ¥0 million
Disclosure regarding the going concern assumptionNo applicable matters
Factors Behind Changes in Business PerformanceInformation Systems posted higher net sales against a backdrop of a high defense budget, while demand for equipment in Electronic Equipment remained firm due to increased demand for data servers and other products.
Items this document does not state (18)
Net income per shareOperating MarginEquity ratioCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodFull-year earnings forecastAnnual Dividend ForecastPayout ratioShareholder Return PolicyChange in accounting policyChanges in the scope of consolidationMaterial subsequent eventsAvailability of Supplementary Financial Results MaterialsAvailability of Financial Results BriefingIssued Shares at Period-EndTreasury Shares at Period-End

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.

Net sales from information systems increased substantially, driven by stronger defense-related investment and increased demand for data servers and other products. The company states that it worked to expand orders and sales by creating new products and solutions and strengthening its manufacturing and planning capabilities.

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.
First Quarter Financial Results for the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated) | Nippon Avionics Co.,Ltd. (6946) timely disclosure | Komori