Komori
Earnings7670O-WELL CORPORATIONTrading & Wholesale

Financial Results for the Fiscal Year Ending March 2026 [Japanese GAAP] (Consolidated)

For the fiscal year ended March 2026, net sales declined, while operating income, ordinary income and net income increased. For the fiscal year ending March 2027, net sales are expected to increase, while operating income is forecast to decline slightly. The annual dividend will remain at ¥45.

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Results for this period

Full year1 April 2025–31 March 2026ConsolidatedJapanese GAAP
Net Sales68,268¥ millionYear on year -1.7%Progress 96.2%
Operating profit1,261¥ millionYear on year +1.8%Progress 100.9%
Ordinary income1,680¥ millionYear on year +5.5%Progress 115.9%
Net income attributable to owners of the parent1,798¥ millionYear on year +1.0%Progress 112.4%

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¥178.85
Operating Margin1.8%
Financial position at period-end
Total assets42,415¥ million
of which net assets 22,824 ¥ millionEquity ratio 53.4%vs. prior year-end +6.8pt

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-1,515
Investment-640
Financials-432
Net change-2,587

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¥3,970 million
Segment revenueCoatings-Related Business ¥47,861 million (YoY -2.3%), Electronics-Related Business ¥20,407 million (YoY -0.2%)
Segment profitCoatings-Related Business ¥2,253 million (YoY -9.2%), Electronics-Related Business ¥761 million (YoY +32.7%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥71,000 million (YoY +4.0%)
Operating profit¥1,250 million (YoY -0.9%)
Ordinary income¥1,450 million (YoY -13.7%)
Net income¥1,600 million (YoY -11.0%)
Annual Dividend Forecast¥45 → ¥45(0.0%)
Payout ratio25.2% (actual for the fiscal year ended March 2026), 28.3% (forecast for the fiscal year ending March 2027)
Factors Behind Changes in Business Performance

The Coating-Related Business reported lower sales and income because domestic automobile production by automakers and production of steel, construction machinery and other products declined. The Electronics-Related Business reported lower sales of software for car navigation systems and automotive touch panels, but income increased as orders expanded for automotive sensors and motor controllers.

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 2 / Company name 奥唯(上海)貿易有限公司, UNI-ELECTRONICS PTE LTD.
Material subsequent eventsNo applicable matters.
Impairment loss¥9 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of investment securities ¥825 million, Gain on liquidation of subsidiaries ¥58 million, Total extraordinary income ¥884 million / Extraordinary loss Impairment Losses ¥9 million, Loss on Disposal of Fixed Assets ¥7 million, Total extraordinary loss ¥17 million
Depreciation and amortization¥330 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable Yes / Subject person For institutional investors and analysts
Issued Shares at Period-End10,500,000
Treasury Shares at Period-End439,678
Results for this period
ItemDetails
Fiscal Period ClassificationFull year
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2025–31 March 2026
Net Sales¥68,268 million (YoY -1.7%)
Operating profit¥1,261 million (YoY +1.8%)
Ordinary income¥1,680 million (YoY +5.5%)
Profit attributable to owners of the parent¥1,798 million (YoY +1.0%)
Net income per share¥178.85
Operating Margin1.8%
Equity ratioEnd of the current fiscal period 53.4% / End of previous period 46.6%
Total assets¥42,415 million
Net assets¥22,824 million
Cash flows from operating activities¥-1,515 million
Cash flows from investing activities¥-640 million
Cash flows from financing activities¥-432 million
Cash and cash equivalents at end of period¥3,970 million
Full-year earnings forecastNet Sales ¥71,000 million (YoY +4.0%) / Operating profit ¥1,250 million (YoY -0.9%) / Ordinary income ¥1,450 million (YoY -13.7%) / Net income ¥1,600 million (YoY -11.0%)
Annual Dividend Forecast¥45 → ¥45(0.0%)
Payout ratio25.2% (actual for the fiscal year ended March 2026), 28.3% (forecast for the fiscal year ending March 2027)
Segment revenueCoatings-Related Business ¥47,861 million (YoY -2.3%), Electronics-Related Business ¥20,407 million (YoY -0.2%)
Segment profitCoatings-Related Business ¥2,253 million (YoY -9.2%), Electronics-Related Business ¥761 million (YoY +32.7%)
Depreciation and amortization¥330 million
Impairment loss¥9 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of investment securities ¥825 million, Gain on liquidation of subsidiaries ¥58 million, Total extraordinary income ¥884 million / Extraordinary loss Impairment Losses ¥9 million, Loss on Disposal of Fixed Assets ¥7 million, Total extraordinary loss ¥17 million
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 2 / Company name 奥唯(上海)貿易有限公司, UNI-ELECTRONICS PTE LTD.
Material subsequent eventsNo applicable matters.
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable Yes / Subject person For institutional investors and analysts
Issued Shares at Period-End10,500,000
Treasury Shares at Period-End439,678
Factors Behind Changes in Business PerformanceThe Coating-Related Business reported lower sales and income because domestic automobile production by automakers and production of steel, construction machinery and other products declined. The Electronics-Related Business reported lower sales of software for car navigation systems and automotive touch panels, but income increased as orders expanded for automotive sensors and motor controllers.
Items this document does not state (4)
Revision to Earnings ForecastShareholder 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 Coating-Related Business reported lower sales and income because domestic automobile production by automakers and production of steel, construction machinery and other products declined from the previous fiscal year. In the Electronics-Related Business, sales of software for car navigation systems and automotive touch panels declined, but segment income increased as orders expanded for automotive sensors and motor controllers.

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Financial Results for the Fiscal Year Ending March 2026 [Japanese GAAP] (Consolidated) | O-WELL CORPORATION (7670) timely disclosure | Komori