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Financial results presentation7721TOKYO KEIKI INC.Electrical Equipment and Precision Instruments

TOKYO KEIKI INC. Fiscal Year Ending March 2027 First-Quarter Earnings Presentation Materials

In the first quarter of the fiscal year ending March 2027, revenue increased, led by the Ship and Port Equipment and Defense and Communications Equipment businesses, while the operating loss narrowed from the same period of the previous year. The full-year earnings forecast was revised upward to reflect the favorable outlook for these businesses and the weaker yen.

Worth reading
52Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
1700
¥ millions (increase over the initial full-year revenue forecast)
Wording
Conditional
How definitive the wording is.

Contents of this document

Financial results presentationFirst quarter of the fiscal year ending March 20278 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥11,594 million+9.9%
Operating profit¥-248 million
Ordinary income¥-53 million
Net income¥31 million
Selling, general and administrative expensesSelling, general and administrative expenses were stated to have increased. The amount and SG&A ratio to revenue are Not disclosed.
Results for the three months of the current quarter
Net Sales¥11,594 million
Operating profit¥-248 million
Ordinary income¥-53 million
Profit attributable to owners of the parent¥31 million
Full-year earnings forecast
Net Sales
¥70,000 million
Operating profit
¥7,000 million
Ordinary income
¥7,070 million
Profit attributable to owners of the parent
¥5,400 million
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
  • Total change in operating income¥78 million
  • Foreign Exchange Effects¥58 million
  • Increase in revenue
  • Increase in selling, general and administrative expenses
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
  • Exchange rate (USD)159 JPY/USD forecast from Q2 onward
  • Foreign exchange sensitivity15 Impact on operating profit of a ¥1 depreciation of the yen, ¥ millions
New initiatives
  • Proposal for onboard equipment for Australia's next-generation general-purpose frigates
  • Donation of the latest marine equipment to the Yamato Museum
  • Growth investment in new businesses, the hydrogen business and other areas
Key KPIsA metric the company considers important as a management benchmark.
  • Orders received¥15,639 million
    Year-on-year (%)23.8
  • Order backlog¥63,921 million
    Year-on-year (%)9.3
Segment results
Marine and port equipment
Net Sales
¥3,657 million+16.5%
Operating profit
¥390 million+27.2%
Oil-hydraulic and pneumatic equipment
Net Sales
¥2,813 million+6.0%
Operating profit
¥39 million
Fluid equipment
Net Sales
¥725 million-12.6%
Operating profit
¥-218 million
Defense and communications equipment
Net Sales
¥3,978 million+19.6%
Operating profit
¥-121 million
Other
Net Sales
¥420 million-29.7%
Operating profit
¥-303 million
Orders received and order backlog
Orders received
¥15,639 million
Order backlog
¥63,921 million
Capital expenditures
¥311 100 million amounts shown for growth investment, infrastructure investment, working capital and other items
Annual Dividend
¥48 per share
Contents of this document
ItemDetails
Document typeFinancial results presentation
Fiscal Period CoveredFirst quarter of the fiscal year ending March 2027
Net Sales¥11,594 million (YoY +9.9%)
Operating profit¥-248 million
Ordinary income¥-53 million
Net income¥31 million
Selling, general and administrative expensesSelling, general and administrative expenses were stated to have increased. The amount and SG&A ratio to revenue are Not disclosed.
Results for the three months of the current quarterNet Sales ¥11,594 million / Operating profit ¥-248 million / Ordinary income ¥-53 million / Profit attributable to owners of the parent ¥31 million
Full-year earnings forecastNet Sales ¥70,000 million / Operating profit ¥7,000 million / Ordinary income ¥7,070 million / Profit attributable to owners of the parent ¥5,400 million
Segment resultsMarine and port equipment Net Sales ¥3,657 million (YoY +16.5%) / Operating profit ¥390 million (YoY +27.2%) / Oil-hydraulic and pneumatic equipment Net Sales ¥2,813 million (YoY +6.0%) / Operating profit ¥39 million / Fluid equipment Net Sales ¥725 million (YoY -12.6%) / Operating profit ¥-218 million / Defense and communications equipment Net Sales ¥3,978 million (YoY +19.6%) / Operating profit ¥-121 million / Other Net Sales ¥420 million (YoY -29.7%) / Operating profit ¥-303 million
Breakdown of Factors Affecting the ChangeFactors Total change in operating income / Amount ¥78 million, Factors Foreign Exchange Effects / Amount ¥58 million, Factors Increase in revenue / Amount Not disclosed, Factors Increase in selling, general and administrative expenses / Amount Not disclosed
Key KPIsOrders received ¥15,639 million, Order backlog ¥63,921 million
Assumptions Underlying the Business OutlookExchange rate (USD) 159 JPY/USD (forecast from Q2 onward), Foreign exchange sensitivity 15 Impact on operating profit of a ¥1 depreciation of the yen, ¥ millions
Annual Dividend¥48 per share
Capital expenditures¥311 100 million (amounts shown for growth investment, infrastructure investment, working capital and other items)
Orders received and order backlogOrders received ¥15,639 million / Order backlog ¥63,921 million
New initiativesProposal for onboard equipment for Australia's next-generation general-purpose frigates, Donation of the latest marine equipment to the Yamato Museum, Growth investment in new businesses, the hydrogen business and other areas
Items this document does not state (14)
Gross Profit MarginOperating profit marginProgress against full-year forecastSelf-assessment against the planUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsPayout ratioAcquisition of treasury sharesMarket Size / ShareKey points of the Q&A

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 full-year forecast was revised upward because the Ship and Port Equipment and Defense and Communications Equipment businesses are performing well, and the company expects the yen to weaken in the Ship and Port Equipment business. Factors contributing to the improvement in first-quarter earnings included higher revenue, the weaker yen, increased subsidy income and gains on the sale of cross-held shares.

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.
TOKYO KEIKI INC. Fiscal Year Ending March 2027 First-Quarter Earnings Presentation Materials | TOKYO KEIKI INC. (7721) timely disclosure | Komori