Komori
Earnings7314ODAWARA AUTO-MACHINE MFG.CO.,LTD.Automobiles and transportation equipment

Financial Results Summary for the Second Quarter (Interim Period) of the Fiscal Year Ending December 2026 [Japanese GAAP] (Consolidated)

Interim-period net sales decreased 48.8% year on year, while operating loss, ordinary loss and interim net loss attributable to owners of the parent all narrowed. The full-year earnings forecasts and annual dividend forecast remain unchanged.

Worth reading
50Recurring
Scored from 5 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
48.8
% (year-on-year decrease in revenue)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 January 2026–30 June 2026ConsolidatedJapanese GAAP
Net Sales2,206¥ millionYear on year -48.8%Progress 31.7%
Operating profit-117¥ million
Ordinary income-131¥ million
Net income attributable to owners of the parent-144¥ 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. 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−¥45.65
Financial position at period-end
Total assets6,407¥ million
of which net assets 3,867 ¥ millionEquity ratio 60.4%vs. prior year-end +3.4pt

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+946,594
Investment-409,023
Financials+142,822
Net change+680,393

Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ thousand).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¥2,174,977 thousand
Segment revenueFare Collection Equipment Business ¥1,939,000 thousand, Systems development business ¥267,207 thousand
Segment profitFare Collection Equipment Business ¥-120,827 thousand, Systems development business ¥-13,182 thousand
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥6,962 million (YoY -9.3%)
Operating profit¥149 million (YoY -3.9%)
Ordinary income¥135 million (YoY -32.3%)
Net income¥84 million (YoY -12.6%)
Revision to Earnings ForecastNo revision
Annual Dividend Forecast¥40 → ¥40(0.0%)
Factors Behind Changes in Business Performance

The company cited uncertainty about the economic outlook, as well as concerns about rising labor costs due to a shortage of drivers in the scheduled bus industry and surging fuel costs. At the same time, investment in operational efficiency and labor saving remains firm. The company is working to capture demand for the introduction of multi-payment terminals, undertake contract development of SIM-less bus stop systems, and develop next-generation systems using UWB technology.

Disclosure regarding the going concern assumption

No applicable matters

Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 Yes見積りの変更 No修正再表示 No
Changes in the scope of consolidationNew None / Excluded None / Company name None
Material subsequent eventsNo applicable matters.
Impairment lossNo applicable matters
Breakdown of extraordinary income (loss)Extraordinary income None (¥0 thousand) / Extraordinary loss Loss on Disposal of Fixed Assets ¥35 thousand
Depreciation and amortization¥48,097 thousand
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingNone (対象者:Not applicable)
Issued Shares at Period-End3,230,300 shares
Treasury Shares at Period-End44,158 shares
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 January 2026–30 June 2026
Net Sales¥2,206 million (YoY -48.8%)
Operating profit¥-117 million
Ordinary income¥-131 million
Profit attributable to owners of the parent¥-144 million
Net income per share−¥45.65
Equity ratioEnd of the current fiscal period 60.4 / End of previous period 57
Total assets¥6,407 million
Net assets¥3,867 million
Cash flows from operating activities¥946,594 thousand
Cash flows from investing activities¥-409,023 thousand
Cash flows from financing activities¥142,822 thousand
Cash and cash equivalents at end of period¥2,174,977 thousand
Full-year earnings forecastNet Sales ¥6,962 million (YoY -9.3%) / Operating profit ¥149 million (YoY -3.9%) / Ordinary income ¥135 million (YoY -32.3%) / Net income ¥84 million (YoY -12.6%)
Revision to Earnings ForecastNo revision
Annual Dividend Forecast¥40 → ¥40(0.0%)
Segment revenueFare Collection Equipment Business ¥1,939,000 thousand, Systems development business ¥267,207 thousand
Segment profitFare Collection Equipment Business ¥-120,827 thousand, Systems development business ¥-13,182 thousand
Depreciation and amortization¥48,097 thousand
Impairment lossNo applicable matters
Breakdown of extraordinary income (loss)Extraordinary income None (¥0 thousand) / Extraordinary loss Loss on Disposal of Fixed Assets ¥35 thousand
Disclosure regarding the going concern assumptionNo applicable matters
Change in accounting policyChanges due to revisions to standards No / Other changes Yes / Change in accounting estimate No / Restatement No
Changes in the scope of consolidationNew None / Excluded None / Company name None
Material subsequent eventsNo applicable matters.
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingNone (対象者:Not applicable)
Issued Shares at Period-End3,230,300 shares
Treasury Shares at Period-End44,158 shares
Factors Behind Changes in Business PerformanceThe company cited uncertainty about the economic outlook, as well as concerns about rising labor costs due to a shortage of drivers in the scheduled bus industry and surging fuel costs. At the same time, investment in operational efficiency and labor saving remains firm. The company is working to capture demand for the introduction of multi-payment terminals, undertake contract development of SIM-less bus stop systems, and develop next-generation systems using UWB technology.
Items this document does not state (5)
Operating MarginPayout ratioShareholder Return PolicyRegional salesOrders 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.

The company cited uncertainty about the economic outlook, as well as concerns about rising labor costs due to a shortage of drivers in the scheduled bus industry and surging fuel costs. At the same time, investment in operational efficiency and labor saving remains firm. The company is working to capture demand for the introduction of multi-payment terminals, undertake contract development of SIM-less bus stop systems, and develop next-generation systems using UWB technology. No direct breakdown of the factors behind the decline in net sales was provided.

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 Summary for the Second Quarter (Interim Period) of the Fiscal Year Ending December 2026 [Japanese GAAP] (Consolidated) | ODAWARA AUTO-MACHINE MFG.CO.,LTD. (7314) timely disclosure | Komori