Komori
Results7727OVAL CorporationElectric Appliances & Precision Instruments

Summary of Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated)

For the interim period of the fiscal year ending March 2027, revenue declined 1.1% year on year and operating profit fell 35.9%, resulting in lower revenue and lower profit. Meanwhile, orders received increased 29.5% and the order backlog rose 36.7%, both showing strong growth.

Worth reading
50Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Deterioration
Direction inferred from the company’s description.
Scale
-35.9
Year-on-year change in operating income (%)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAP
Net Sales7,289¥ millionYear on year -1.1%Progress 45.6%
Operating profit589¥ millionYear on year -35.9%Progress 32.7%
Ordinary income610¥ millionYear on year -36.2%Progress 32.1%
Net income attributable to owners of the parent378¥ millionYear on year -36.9%Progress 26.6%

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¥18.61
Financial position at period-end
Total assets24,567¥ million
of which net assets 16,646 ¥ millionEquity ratio 65.9%vs. prior year-end +2.2pt

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-83,831
Investment-655,582
Financials-184,635
Net change-924,048

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¥2,545,964 thousand
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥16,000 million (YoY +2.6%)
Operating profit¥1,800 million (YoY +5.7%)
Ordinary income¥1,900 million (YoY +7.2%)
Net income¥1,420 million (YoY +1.4%)
Revision to Earnings ForecastNone
Annual Dividend Forecast20 yen → 28 yen(+40.0%)
Factors Behind Changes in Business Performance

Orders received increased as growing demand related to semiconductors and chemicals, as well as ships and batteries in China, and proposals and customisation tailored to individual customers proved effective. Revenue and profit declined mainly because the previous year included a contract signing fee under the licensing agreement with Anton Paar GmbH, creating a difficult comparison.

Disclosure regarding the going concern assumption

Not applicable.

Change in accounting policy
基準改正に伴う変更 Noneそれ以外の変更 None見積りの変更 None修正再表示 None
Changes in the scope of consolidationNew 0 / Excluded 0 / Company name None
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥92 thousand / Extraordinary loss Loss on sale of property, plant and equipment ¥175 thousand, Loss on disposal of non-current assets ¥687 thousand
Depreciation and amortization¥291,832 thousand
Orders received and order backlogOrders received ¥9,215 million / Order backlog ¥6,428 million
Availability of Supplementary Financial Results MaterialsAvailable
Availability of Financial Results BriefingWhether applicable None / Subject person Not disclosed
Issued Shares at Period-End21,000,000
Treasury Shares at Period-End639,586
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 September 2026
Net Sales¥7,289 million (YoY -1.1%)
Operating profit¥589 million (YoY -35.9%)
Ordinary income¥610 million (YoY -36.2%)
Profit attributable to owners of the parent¥378 million (YoY -36.9%)
Net income per share¥18.61
Equity ratioEnd of the current fiscal period 65.9 / End of previous period 63.7
Total assets¥24,567 million
Net assets¥16,646 million
Cash flows from operating activities¥-83,831 thousand
Cash flows from investing activities¥-655,582 thousand
Cash flows from financing activities¥-184,635 thousand
Cash and cash equivalents at end of period¥2,545,964 thousand
Full-year earnings forecastNet Sales ¥16,000 million (YoY +2.6%) / Operating profit ¥1,800 million (YoY +5.7%) / Ordinary income ¥1,900 million (YoY +7.2%) / Net income ¥1,420 million (YoY +1.4%)
Revision to Earnings ForecastNone
Annual Dividend Forecast20 yen → 28 yen(+40.0%)
Orders received and order backlogOrders received ¥9,215 million / Order backlog ¥6,428 million
Depreciation and amortization¥291,832 thousand
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥92 thousand / Extraordinary loss Loss on sale of property, plant and equipment ¥175 thousand, Loss on disposal of non-current assets ¥687 thousand
Disclosure regarding the going concern assumptionNot applicable.
Change in accounting policyChanges due to revisions to standards None / Other changes None / Change in accounting estimate None / Restatement None
Changes in the scope of consolidationNew 0 / Excluded 0 / Company name None
Availability of Supplementary Financial Results MaterialsAvailable
Availability of Financial Results BriefingWhether applicable None / Subject person Not disclosed
Issued Shares at Period-End21,000,000
Treasury Shares at Period-End639,586
Factors Behind Changes in Business PerformanceOrders received increased as growing demand related to semiconductors and chemicals, as well as ships and batteries in China, and proposals and customisation tailored to individual customers proved effective. Revenue and profit declined mainly because the previous year included a contract signing fee under the licensing agreement with Anton Paar GmbH, creating a difficult comparison.
Items this document does not state (8)
Operating MarginPayout ratioShareholder Return PolicySegment revenueSegment profitRegional salesImpairment lossMaterial 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.

The company explained that revenue and profit declined mainly because the previous year included a contract signing fee under its licensing agreement with Anton Paar GmbH, creating a difficult comparison. Meanwhile, growing demand related to semiconductors and chemicals, as well as ships and batteries in China, together with proposals and customisation tailored to individual customers, contributed to the increase in orders received.

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.
Summary of Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated) | OVAL Corporation (7727) timely disclosure | Komori