Worth reading
57In focus
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
150000
¥ millionWording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedIFRSNet Sales1,090,764¥ millionYear on year +20.8%Progress 48.3%
Operating profit245,907¥ millionYear on year +48.9%Progress 47.3%
Ordinary income248,415¥ millionYear on year +42.1%Progress 46.7%
Net income attributable to owners of the parent186,152¥ millionYear on year +40.6%Progress 47.0%
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¥102.43
Financial position at period-end
Total assets3,249,248¥ million
of which net assets 2,758,083 ¥ millionEquity ratio 84.9%vs. prior year-end -0.1pt
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+215,455
Investment-112,531
Financials-146,693
Net change-43,769
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¥600,579 million
Segment revenue
Components740,50967.9%+30.9%
Devices and Modules340,86131.2%+3.4%
Other9,3940.9%+27.5%
Segment profit
Components255,578
Devices and Modules-4,848
Other-4,823
Regional sales
North and South America145,42213.3%-1.8%
Europe92,0318.4%+20.3%
Greater China546,20750.1%+26.0%
Asia and other235,63121.6%+31.2%
Japan71,4736.6%+9.7%
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥2,260,000 million (YoY +23.4%)
Operating profit¥520,000 million (YoY +84.5%)
Ordinary income¥532,000 million (YoY +72.4%)
Net income¥396,000 million (YoY +69.3%)
Revision to Earnings ForecastNet Sales ¥2,110,000 million → ¥2,260,000 million（+7.1%） / Operating profit ¥430,000 million → ¥520,000 million（+20.9%） / Ordinary income ¥451,000 million → ¥532,000 million（+18.0%） / Net income ¥338,000 million → ¥396,000 million（+17.2%）
Annual Dividend Forecast¥65 → ¥70（+7.7%）
Factors Behind Changes in Business Performance
Revenue increased as sales of capacitors grew across a broad range of applications, led by data center applications, while sales of EMI suppression filters increased for data center and mobility applications and sales of power modules increased for data center applications. Revenue also benefited from the weaker yen. Operating profit was reduced by higher fixed costs and lower product prices, while gains from higher capacity utilization associated with increased production and the weaker yen contributed to profit growth.
Disclosure regarding the going concern assumption
None
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 Not disclosed
Changes in the scope of consolidationNew 0 companies / Excluded 0 companies / Company name None
Material subsequent eventsNone
Impairment loss¥3,472 million
Depreciation and amortization¥91,552 million
Orders received and order backlogOrders received ¥1,427,286 million / Order backlog ¥782,691 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (target audience: Not disclosed)
Issued Shares at Period-End1,963,001,843 shares issued at period-end
Treasury Shares at Period-End153,092,489 treasury shares at period-end
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | IFRS |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 September 2026 |
| Net Sales | ¥1,090,764 million (YoY +20.8%) |
| Operating profit | ¥245,907 million (YoY +48.9%) |
| Ordinary income | ¥248,415 million (YoY +42.1%) |
| Profit attributable to owners of the parent | ¥186,152 million (YoY +40.6%) |
| Net income per share | ¥102.43 |
| Equity ratio | End of the current fiscal period 84.9 / End of previous period 85 |
| Total assets | ¥3,249,248 million |
| Net assets | ¥2,758,083 million |
| Cash flows from operating activities | ¥215,455 million |
| Cash flows from investing activities | ¥-112,531 million |
| Cash flows from financing activities | ¥-146,693 million |
| Cash and cash equivalents at end of period | ¥600,579 million |
| Full-year earnings forecast | Net Sales ¥2,260,000 million (YoY +23.4%) / Operating profit ¥520,000 million (YoY +84.5%) / Ordinary income ¥532,000 million (YoY +72.4%) / Net income ¥396,000 million (YoY +69.3%) |
| Revision to Earnings Forecast | Net Sales ¥2,110,000 million → ¥2,260,000 million（+7.1%） / Operating profit ¥430,000 million → ¥520,000 million（+20.9%） / Ordinary income ¥451,000 million → ¥532,000 million（+18.0%） / Net income ¥338,000 million → ¥396,000 million（+17.2%） |
| Annual Dividend Forecast | ¥65 → ¥70（+7.7%） |
| Segment revenue | Components ¥740,509 million (YoY +30.9%) / Devices and Modules ¥340,861 million (YoY +3.4%) / Other ¥9,394 million (YoY +27.5%) |
| Segment profit | Components ¥255,578 million / Devices and Modules ¥-4,848 million / Other ¥-4,823 million |
| Regional sales | North and South America ¥145,422 million (YoY -1.8%) / Europe ¥92,031 million (YoY +20.3%) / Greater China ¥546,207 million (YoY +26.0%) / Asia and other ¥235,631 million (YoY +31.2%) / Japan ¥71,473 million (YoY +9.7%) |
| Orders received and order backlog | Orders received ¥1,427,286 million / Order backlog ¥782,691 million |
| Depreciation and amortization | ¥91,552 million |
| Impairment loss | ¥3,472 million |
| Disclosure regarding the going concern assumption | None |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement Not disclosed |
| Changes in the scope of consolidation | New 0 companies / Excluded 0 companies / Company name None |
| Material subsequent events | None |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (target audience: Not disclosed) |
| Issued Shares at Period-End | 1,963,001,843 shares issued at period-end |
| Treasury Shares at Period-End | 153,092,489 treasury shares at period-end |
| Factors Behind Changes in Business Performance | Revenue increased as sales of capacitors grew across a broad range of applications, led by data center applications, while sales of EMI suppression filters increased for data center and mobility applications and sales of power modules increased for data center applications. Revenue also benefited from the weaker yen. Operating profit was reduced by higher fixed costs and lower product prices, while gains from higher capacity utilization associated with increased production and the weaker yen contributed to profit growth. |
Items this document does not state (4)
Operating MarginPayout ratioShareholder Return PolicyBreakdown of extraordinary income (loss)
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 is expected to exceed the previous forecast due to further growth in data center-related demand. On the profit side, gains from higher capacity utilization associated with increased production and an improved product mix are expected to drive profit 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.