Komori
Results7212F-TECH INC.Automobiles and transportation equipment

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

In the interim period, revenue, operating profit, ordinary profit and net income all exceeded the year-earlier period, with operating profit up 52.8%. However, as special retirement allowance costs related to the China business are expected in the second half, the full-year earnings forecast was left unchanged, and the annual dividend forecast was also unchanged.

Worth reading
49Recurring
Scored from 5 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
52.8
% (year-on-year change in operating profit)
Wording
Avoiding a definitive answer
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026–30 September 2026ConsolidatedJapanese GAAP
Net Sales155,513¥ millionYear on year +9.4%Progress 54.0%
Operating profit4,354¥ millionYear on year +52.8%Progress 79.2%
Ordinary income3,701¥ millionYear on year +102.9%Progress 90.3%
Net income attributable to owners of the parent2,272¥ millionYear on year +659.0%

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¥122.42
Financial position at period-end
Total assets183,095¥ million
of which net assets 74,421 ¥ millionEquity ratio 33.3%vs. prior year-end +1.5pt

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+6,813
Investment-4,509
Financials-2,760
Net change-456

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¥19,026 million
Segment revenueJapan ¥14,088 million (YoY +0.9%), North America ¥125,778 million (YoY +14.8%), Asia ¥15,647 million (YoY -15.7%)
Segment profitJapan ¥15 million, North America ¥3,747 million (YoY +35.8%), Asia ¥238 million (YoY +18.7%)
Regional sales¥14,088 million (YoY +0.9%), ¥125,778 million (YoY +14.8%), ¥15,647 million (YoY -15.7%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥288,000 million (YoY -1.3%)
Operating profit¥5,500 million (YoY -34.6%)
Ordinary income¥4,100 million (YoY -45.3%)
Profit attributable to owners of the parent¥800 million (YoY -83.1%)
Revision to Earnings ForecastNo revision
Annual Dividend Forecast¥24 → ¥20(-16.7%)
Factors Behind Changes in Business Performance

Higher technology revenue from overseas markets, the impact of the weaker yen, steady production volumes at major customers, and a one-time increase in earnings at the Mexican subsidiary. In Asia, major customers in China significantly reduced production, but business performance in India and Thailand remained steady.

Disclosure regarding the going concern assumption

No applicable matters.

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 consolidationNewly consolidated: 0 companies; excluded from consolidation: 0 companies. No significant changes.
Material subsequent eventsTwo Chinese subsidiaries solicited applications for voluntary retirement, and 414 people had applied by the end of September 2026. Costs of ¥1,588 million for special retirement allowances and related items are scheduled to be recognized from the third quarter of the fiscal year ending March 2027 onward and have been incorporated to a certain extent into the consolidated earnings forecast.
Impairment lossNone
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of property, plant and equipment ¥10 million / Extraordinary loss Loss on disposal of property, plant and equipment ¥10 million, Special retirement payments ¥15 million
Depreciation and amortization¥5,942 million
Availability of Supplementary Financial Results MaterialsNone
Availability of Financial Results BriefingAvailable (for institutional investors and analysts)
Issued Shares at Period-End18,712,244
Treasury Shares at Period-End165,773
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¥155,513 million (YoY +9.4%)
Operating profit¥4,354 million (YoY +52.8%)
Ordinary income¥3,701 million (YoY +102.9%)
Profit attributable to owners of the parent¥2,272 million (YoY +659.0%)
Net income per share¥122.42
Equity ratioEnd of the current fiscal period 33.3 / End of previous period 31.8
Total assets¥183,095 million
Net assets¥74,421 million
Cash flows from operating activities¥6,813 million
Cash flows from investing activities¥-4,509 million
Cash flows from financing activities¥-2,760 million
Cash and cash equivalents at end of period¥19,026 million
Full-year earnings forecastNet Sales ¥288,000 million (YoY -1.3%) / Operating profit ¥5,500 million (YoY -34.6%) / Ordinary income ¥4,100 million (YoY -45.3%) / Profit attributable to owners of the parent ¥800 million (YoY -83.1%)
Revision to Earnings ForecastNo revision
Annual Dividend Forecast¥24 → ¥20(-16.7%)
Segment revenueJapan ¥14,088 million (YoY +0.9%), North America ¥125,778 million (YoY +14.8%), Asia ¥15,647 million (YoY -15.7%)
Segment profitJapan ¥15 million, North America ¥3,747 million (YoY +35.8%), Asia ¥238 million (YoY +18.7%)
Regional sales¥14,088 million (YoY +0.9%), ¥125,778 million (YoY +14.8%), ¥15,647 million (YoY -15.7%)
Depreciation and amortization¥5,942 million
Impairment lossNone
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of property, plant and equipment ¥10 million / Extraordinary loss Loss on disposal of property, plant and equipment ¥10 million, Special retirement payments ¥15 million
Disclosure regarding the going concern assumptionNo applicable matters.
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 consolidationNewly consolidated: 0 companies; excluded from consolidation: 0 companies. No significant changes.
Material subsequent eventsTwo Chinese subsidiaries solicited applications for voluntary retirement, and 414 people had applied by the end of September 2026. Costs of ¥1,588 million for special retirement allowances and related items are scheduled to be recognized from the third quarter of the fiscal year ending March 2027 onward and have been incorporated to a certain extent into the consolidated earnings forecast.
Availability of Supplementary Financial Results MaterialsNone
Availability of Financial Results BriefingAvailable (for institutional investors and analysts)
Issued Shares at Period-End18,712,244
Treasury Shares at Period-End165,773
Factors Behind Changes in Business PerformanceHigher technology revenue from overseas markets, the impact of the weaker yen, steady production volumes at major customers, and a one-time increase in earnings at the Mexican subsidiary. In Asia, major customers in China significantly reduced production, but business performance in India and Thailand remained steady.
Items this document does not state (4)
Operating MarginPayout ratioShareholder Return PolicyOrders received and order backlog

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 due to higher technology revenue from overseas markets and the weaker yen. Profit increased due to higher technology revenue, steady production volumes at major customers, and a one-time increase in earnings at the Mexican subsidiary. The reasons given for maintaining the full-year forecast were the expected recognition of costs related to special retirement allowances in China and uncertainty surrounding the external environment.

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.
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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.
Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated) | F-TECH INC. (7212) timely disclosure | Komori