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Earnings6946Nippon Avionics Co.,Ltd.Electric Appliances & Precision Instruments

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

For the interim period of the fiscal year ending March 2027, revenue increased 41.3% year on year to ¥17,948 million, while operating profit increased by ¥1,871 million to ¥3,849 million. In response to steady growth in orders received, the company revised upward its full-year revenue and profit forecasts.

Worth reading
57In focus
Scored from 4 of 6 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
1871
¥ million
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAP
Net Sales17,948¥ millionYear on year +41.3%
Operating profit3,849¥ million
Ordinary income3,738¥ million
Net income attributable to owners of the parent2,548¥ 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 assets43,599¥ million
of which net assets 18,474 ¥ 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 ¥15,084 million (YoY +48.5%), Electronic equipment ¥2,863 million (YoY +12.5%)
Segment profitInformation Systems ¥3,541 million, Electronic equipment ¥307 million
Regional sales¥277 million, ¥1,553 million, ¥1,831 million
Factors Behind Changes in Business Performance

Information Systems saw increases in orders received and revenue against the backdrop of strong defense budgets. Electronics saw increases in orders received and revenue due to increased demand for data servers and other products as the AI market expands, as well as sales expansion activities targeting specific markets.

Disclosure regarding the going concern assumption

None

Impairment lossNone
Breakdown of extraordinary income (loss)Extraordinary income Not disclosed / Extraordinary loss Loss on disposal of fixed assets ¥1 million
Orders received and order backlogTotal Orders received ¥28,591 million / Order backlog ¥41,763 million / Information Systems Orders received ¥24,873 million / Order backlog ¥39,446 million / Electronic equipment Orders received ¥3,717 million / Order backlog ¥2,317 million
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¥17,948 million (YoY +41.3%)
Operating profit¥3,849 million
Ordinary income¥3,738 million
Profit attributable to owners of the parent¥2,548 million
Total assets¥43,599 million
Net assets¥18,474 million
Segment revenueInformation Systems ¥15,084 million (YoY +48.5%), Electronic equipment ¥2,863 million (YoY +12.5%)
Segment profitInformation Systems ¥3,541 million, Electronic equipment ¥307 million
Regional sales¥277 million, ¥1,553 million, ¥1,831 million
Orders received and order backlogTotal Orders received ¥28,591 million / Order backlog ¥41,763 million / Information Systems Orders received ¥24,873 million / Order backlog ¥39,446 million / Electronic equipment Orders received ¥3,717 million / Order backlog ¥2,317 million
Impairment lossNone
Breakdown of extraordinary income (loss)Extraordinary income Not disclosed / Extraordinary loss Loss on disposal of fixed assets ¥1 million
Disclosure regarding the going concern assumptionNone
Factors Behind Changes in Business PerformanceInformation Systems saw increases in orders received and revenue against the backdrop of strong defense budgets. Electronics saw increases in orders received and revenue due to increased demand for data servers and other products as the AI market expands, as well as sales expansion activities targeting specific markets.
Items this document does not state (20)
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 forecastRevision to Earnings ForecastAnnual Dividend ForecastPayout ratioShareholder Return PolicyDepreciation and amortizationChange 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.

The upward revision to the full-year forecasts reflects steady growth in orders received. The company cited strong defense budgets, increased demand for data servers and other products as the AI market expands, and sales expansion activities targeting specific markets as factors behind the interim-period revenue growth.

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