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Earnings7600Japan Medical Dynamic Marketing,INC.Electrical Equipment and Precision Instruments

Consolidated Financial Results for the First Quarter of the Fiscal Year Ending March 2027 [Japanese GAAP]

In the first quarter, net sales decreased 10.0% year on year, while operating profit, ordinary profit and net profit all turned from profit to loss. The full-year earnings forecast and dividend forecast remain unchanged, although the company is reviewing domestic sales trends and product supply issues in the United States.

Worth reading
48Recurring
Scored from 5 of 6 sections
Direction
Deterioration
Direction inferred from the company’s description.
Scale
-526
¥ million
Wording
Avoiding a definitive answer
How definitive the wording is.

Results for this period

First quarter1 April 2026 to 30 June 2026ConsolidatedJapanese GAAP
Net Sales5,325¥ millionYear on year -10.0%Progress 21.0%
Operating profit-526¥ million
Ordinary income-540¥ million
Net income attributable to owners of the parent-417¥ 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¥(15.85)
Financial position at period-end
Total assets35,384¥ million
of which net assets 24,829 ¥ millionEquity ratio 70.1%vs. prior year-end -1.1pt

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.

Segment revenueJapan ¥2,768,787 thousand (YoY -13.4%), United States ¥2,556,749 thousand (YoY -6.0%)
Segment profitJapan ¥-27,942 thousand, United States ¥-497,158 thousand
Regional sales¥2,768,787 thousand, ¥2,556,749 thousand
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥25,370 million (YoY +6.1%)
Operating profit¥430 million (YoY -25.1%)
Ordinary income¥140 million (YoY -73.8%)
Net income¥60 million (YoY -77.2%)
Annual Dividend Forecast¥17 → ¥17(0.0%)
Factors Behind Changes in Business Performance

In Japan, the number of artificial joint procedures declined as medical institutions postponed adopting the products due to the impact of a reported incident. In the United States, the number of artificial hip procedures increased with the rollout of new products, while the number of cases and net sales declined because of delivery delays for artificial knee joint products. The cost of sales ratio deteriorated as lower production volumes increased the burden of fixed manufacturing costs and the weaker yen raised the cost of imported purchases.

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 No見積りの変更 No修正再表示 No
Changes in the scope of consolidationNew Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed
Impairment lossNo applicable matters.
Breakdown of extraordinary income (loss)Extraordinary income Not disclosed / Extraordinary loss Loss on Disposal of Fixed Assets ¥8,733 thousand
Depreciation and amortization¥428,210 thousand
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNone (対象者:Not disclosed)
Issued Shares at Period-End26,475,880 Shares
Treasury Shares at Period-End122,344 Shares
Results for this period
ItemDetails
Fiscal Period ClassificationFirst quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 June 2026
Net Sales¥5,325 million (YoY -10.0%)
Operating profit¥-526 million
Ordinary income¥-540 million
Profit attributable to owners of the parent¥-417 million
Net income per share¥(15.85)
Equity ratioEnd of the current fiscal period 70.1 / End of previous period 71.2
Total assets¥35,384 million
Net assets¥24,829 million
Full-year earnings forecastNet Sales ¥25,370 million (YoY +6.1%) / Operating profit ¥430 million (YoY -25.1%) / Ordinary income ¥140 million (YoY -73.8%) / Net income ¥60 million (YoY -77.2%)
Annual Dividend Forecast¥17 → ¥17(0.0%)
Segment revenueJapan ¥2,768,787 thousand (YoY -13.4%), United States ¥2,556,749 thousand (YoY -6.0%)
Segment profitJapan ¥-27,942 thousand, United States ¥-497,158 thousand
Regional sales¥2,768,787 thousand, ¥2,556,749 thousand
Depreciation and amortization¥428,210 thousand
Impairment lossNo applicable matters.
Breakdown of extraordinary income (loss)Extraordinary income Not disclosed / Extraordinary loss Loss on Disposal of Fixed Assets ¥8,733 thousand
Disclosure regarding the going concern assumptionNo applicable matters.
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No
Changes in the scope of consolidationNew Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNone (対象者:Not disclosed)
Issued Shares at Period-End26,475,880 Shares
Treasury Shares at Period-End122,344 Shares
Factors Behind Changes in Business PerformanceIn Japan, the number of artificial joint procedures declined as medical institutions postponed adopting the products due to the impact of a reported incident. In the United States, the number of artificial hip procedures increased with the rollout of new products, while the number of cases and net sales declined because of delivery delays for artificial knee joint products. The cost of sales ratio deteriorated as lower production volumes increased the burden of fixed manufacturing costs and the weaker yen raised the cost of imported purchases.
Items this document does not state (10)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodRevision to Earnings ForecastPayout ratioShareholder Return PolicyOrders received and order backlogMaterial subsequent events

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.

In Japan, some medical institutions postponed adopting the products due to the impact of a reported incident, resulting in a decline in the number of cases. In the United States, supply constraints continued because of delivery delays for artificial knee joint products. In addition, the cost of sales ratio deteriorated because lower production volumes increased the burden of fixed manufacturing costs, while the weaker yen raised the cost of imported purchases.

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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.
Consolidated Financial Results for the First Quarter of the Fiscal Year Ending March 2027 [Japanese GAAP] | Japan Medical Dynamic Marketing,INC. (7600) timely disclosure | Komori