Results for this period
Full year1 April 2025–31 March 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 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.
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 ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Factors contributing to higher profit were new orders, increased demand for hybrid vehicles in the Americas, higher sales of vehicle models ordered by customers in connection with promotional campaigns, increased sales volumes, productivity improvements and rationalization. Factors weighing on profit were U.S. tariffs, increased fixed-cost burdens in the LiDAR business, and impairment losses related to the LiDAR business and China operations.
Not applicable (no matters to report in the notes on the going concern assumption)
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2025–31 March 2026 |
| Net Sales | ¥947,610 million (YoY +3.4%) |
| Operating profit | ¥51,438 million (YoY +14.6%) |
| Ordinary income | ¥58,791 million (YoY +19.6%) |
| Profit attributable to owners of the parent | ¥16,539 million (YoY -64.2%) |
| Net income per share | ¥60.23 |
| Total assets | ¥906,201 million |
| Net assets | ¥676,086 million |
| Cash flows from operating activities | ¥99,905 million |
| Cash flows from investing activities | ¥-10,840 million |
| Cash flows from financing activities | ¥-71,433 million |
| Cash and cash equivalents at end of period | ¥125,271 million |
| Full-year earnings forecast | Net Sales ¥933,000 million (YoY -1.5%) / Operating profit ¥60,000 million (YoY +16.6%) / Ordinary income ¥65,500 million (YoY +11.4%) / Net income ¥39,500 million (YoY +138.8%) |
| Annual Dividend Forecast | ¥56 per share → ¥58 per share |
| Payout ratio | Current fiscal year 93 % / Next-year forecast 38.7 % |
| Shareholder Return Policy | The consolidated payout ratio is targeted at 40% or higher |
| Segment revenue | Japan ¥367,826 million (YoY +4.6%), Americas ¥328,641 million (YoY +4.3%), China ¥53,332 million (YoY -8.5%), Asia ¥162,683 million (YoY +4.6%), Europe ¥35,125 million (YoY -2.9%) |
| Segment profit | Japan ¥24,832 million (YoY +9.6%), Americas ¥3,539 million (YoY -33.1%), China ¥534 million, Asia ¥18,949 million (YoY +12.1%), Europe ¥800 million |
| Regional sales | ¥367,826 million (YoY +4.6%), ¥328,641 million (YoY +4.3%), ¥53,332 million (YoY -8.5%), ¥162,683 million (YoY +4.6%), ¥35,125 million (YoY -2.9%) |
| Depreciation and amortization | ¥45,694 million |
| Impairment loss | ¥21,550 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥668 million, Gain on sale of investment securities ¥3,553 million, Gain on revision of retirement benefit plans ¥438 million, Other ¥165 million / Extraordinary loss Loss on disposal and sale of non-current assets ¥2,660 million, Impairment Losses ¥21,550 million, Loss on sale of shares of subsidiaries and affiliates ¥556 million, Business restructuring loss ¥1,592 million, Compensation for damages ¥733 million, Other ¥242 million |
| Disclosure regarding the going concern assumption | Not applicable (no matters to report in the notes on the going concern assumption) |
| Changes in the scope of consolidation | New Not disclosed / Excluded 1 / Companies excluded from consolidation Koito Europe Limited |
| Material subsequent events | No applicable matters. |
| Factors Behind Changes in Business Performance | Factors contributing to higher profit were new orders, increased demand for hybrid vehicles in the Americas, higher sales of vehicle models ordered by customers in connection with promotional campaigns, increased sales volumes, productivity improvements and rationalization. Factors weighing on profit were U.S. tariffs, increased fixed-cost burdens in the LiDAR business, and impairment losses related to the LiDAR business and China operations. |
Items this document does not state (9)
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 new orders in each region, increased demand for hybrid vehicles in the Americas, and higher sales of vehicle models ordered by customers in connection with promotional campaigns. Operating income benefited from higher sales volumes, productivity improvements and rationalization, but was affected by U.S. tariffs and increased fixed-cost burdens in the LiDAR business. Net income declined due to the recognition of impairment losses related to the LiDAR business and China operations, among other factors. In the next fiscal year, the company plans to expand sales of high-value-added products, restructure its production framework, improve productivity and reduce fixed costs, and contain fixed costs in the LiDAR business and China operations.