Results for this period
Interim period (second quarter)1 April 2026–30 September 2026ConsolidatedJapanese GAAPThe 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 shaded area represents net assets as a proportion of total assets. It is calculated from the two amounts reported by the company.
Stacked from zero: upward is an increase in cash, downward a decrease (in Millions of yen).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
In Japan, revenue increased due to higher orders in the Electronics business, while structural reforms from domestic restructuring, improvements in procurement costs and other areas, and efficiency initiatives also progressed. In North America, revenue declined due to the end of production of end-of-model products, but profit increased as a result of improvements in on-site logistics and structural reforms. In Asia, revenue and profit declined due to lower production in China. For the company as a whole, structural reforms, cost reduction initiatives, and the decrease in the foreign exchange loss recorded in the same period of the previous year improved profit, while special retirement payments at a Chinese subsidiary and the reaction to gains on sale recorded in the same period of the previous year weighed on net income.
No applicable matters
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026–30 September 2026 |
| Net Sales | 43,402 Millions of yen (YoY +2.0%) |
| Operating profit | 1,227 Millions of yen (YoY +152.2%) |
| Ordinary income | 1,359 Millions of yen (YoY +243.1%) |
| Profit attributable to owners of the parent | 753 Millions of yen (YoY -23.9%) |
| Total assets | 76,844 Millions of yen |
| Net assets | 56,522 Millions of yen |
| Cash flows from operating activities | 3,511 Millions of yen |
| Cash flows from investing activities | -2,406 Millions of yen |
| Cash flows from financing activities | -4,288 Millions of yen |
| Cash and cash equivalents at end of period | 13,768 Millions of yen |
| Full-year earnings forecast | Net Sales Not disclosed / Operating profit Not disclosed / Ordinary income Not disclosed / Net income Not disclosed / Notes Unchanged from the forecast announced on 15 May 2026 |
| Revision to Earnings Forecast | Net Sales No change / Operating profit No change / Ordinary income No change / Net income No change |
| Segment revenue | Japan 19,727 Millions of yen (YoY +12.7%), North America 12,935 Millions of yen (YoY -6.3%), Asia 10,739 Millions of yen (YoY -4.5%) |
| Segment profit | Japan 157 Millions of yen, North America 596 Millions of yen (YoY +39.8%), Asia 455 Millions of yen (YoY -26.0%) |
| Regional sales | 19,727 Millions of yen (YoY +12.7%), 12,935 Millions of yen (YoY -6.3%), 10,739 Millions of yen (YoY -4.5%) |
| Depreciation and amortization | 1,472 Millions of yen |
| Impairment loss | None recorded for the current period |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets 2 Millions of yen, Gain on liquidation of an affiliated company 6 Millions of yen / Extraordinary loss Loss on disposal of non-current assets 15 Millions of yen, Special retirement payments 258 Millions of yen |
| Disclosure regarding the going concern assumption | No applicable matters |
| Material subsequent events | The company expects to sell 2 investment securities between October 2026 and March 2027 and record a gain on sale of approximately ¥1,200 million. At its Chinese production sites, production at 武漢今仙 will be changed to 広州今仙, and the company expects to record an extraordinary loss of approximately ¥1,200 million as restructuring costs. |
| Factors Behind Changes in Business Performance | In Japan, revenue increased due to higher orders in the Electronics business, while structural reforms from domestic restructuring, improvements in procurement costs and other areas, and efficiency initiatives also progressed. In North America, revenue declined due to the end of production of end-of-model products, but profit increased as a result of improvements in on-site logistics and structural reforms. In Asia, revenue and profit declined due to lower production in China. For the company as a whole, structural reforms, cost reduction initiatives, and the decrease in the foreign exchange loss recorded in the same period of the previous year improved profit, while special retirement payments at a Chinese subsidiary and the reaction to gains on sale recorded in the same period of the previous year weighed on net income. |
Items this document does not state (13)
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.Operating income increased as the effects of structural reforms and cost reduction initiatives became apparent. In addition to the increase in operating income, ordinary income benefited from a decrease in the foreign exchange loss recorded in the same period of the previous year. Interim net income attributable to owners of the parent declined due to the recording of special retirement payments at a Chinese subsidiary and the reaction to gains on the sale of fixed assets and gains on the sale of investment securities recorded in the same period of the previous year in connection with the sale of a Tennessee plant operated by a U.S. subsidiary.