Komori
Results7760IMV CORPORATIONElectrical and Precision Instruments

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

For the fiscal year ended September 2026, net sales, operating income, ordinary income and net income all increased, driven by the acceptance of large projects in Japan and overseas and contributions from service projects. For the fiscal year ending September 2027, the company expects higher sales and profits, with annual dividends projected at ¥40.

Worth reading
49Recurring
Scored from 5 of 6 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
17.2
Year-on-year change in revenue (%)
Wording
Conditional
How definitive the wording is.

Results for this period

Full year1 October 2025 to 30 September 2026ConsolidatedJapanese GAAP
Net Sales21,019¥ millionYear on year +17.2%Progress 95.5%
Operating profit2,818¥ millionYear on year +21.7%Progress 90.3%
Ordinary income2,911¥ millionYear on year +13.3%Progress 93.3%
Net income attributable to owners of the parent2,145¥ millionYear on year +10.8%Progress 96.2%

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¥134.65
Operating Margin13.4%
Financial position at period-end
Total assets25,396¥ million
of which net assets 13,707 ¥ millionEquity ratio 54.0%vs. prior year-end +3.0pt

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+4,044
Investment-863
Financials-978
Net change+2,203

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¥7,120 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥22,000 million (YoY +4.7%)
Operating profit¥3,120 million (YoY +10.7%)
Ordinary income¥3,120 million (YoY +7.2%)
Net income¥2,230 million (YoY +4.0%)
Annual Dividend Forecast40 Yen → 40 Yen(0.0%)
Payout ratio29.7
Factors Behind Changes in Business Performance

Acceptance of large projects in Japan and overseas, including a large vibration testing system for the United States, and the realization of revenue from service projects contributed to results. Demand for large vibration testing systems for the aerospace and defense sectors, acceptance of high-gross-margin projects, cost improvements, and increased demand for maintenance inspections and amplifier replacements also contributed.

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 — companies / Excluded — companies
Material subsequent eventsNo applicable matters.
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of property, plant and equipment ¥1 million / Extraordinary loss Loss on sale of property, plant and equipment ¥3 million, Loss on disposal of fixed assets ¥3 million
Depreciation and amortization¥759 million
Orders received and order backlogOrders received ¥21,921 million / Order backlog ¥16,365 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (for institutional investors and analysts)
Issued Shares at Period-End16,957,016
Treasury Shares at Period-End1,014,717
Results for this period
ItemDetails
Fiscal Period ClassificationFull year
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 October 2025 to 30 September 2026
Net Sales¥21,019 million (YoY +17.2%)
Operating profit¥2,818 million (YoY +21.7%)
Ordinary income¥2,911 million (YoY +13.3%)
Profit attributable to owners of the parent¥2,145 million (YoY +10.8%)
Net income per share¥134.65
Operating Margin13.4%
Equity ratioEnd of the current fiscal period 54 / End of previous period 51
Total assets¥25,396 million
Net assets¥13,707 million
Cash flows from operating activities¥4,044 million
Cash flows from investing activities¥-863 million
Cash flows from financing activities¥-978 million
Cash and cash equivalents at end of period¥7,120 million
Full-year earnings forecastNet Sales ¥22,000 million (YoY +4.7%) / Operating profit ¥3,120 million (YoY +10.7%) / Ordinary income ¥3,120 million (YoY +7.2%) / Net income ¥2,230 million (YoY +4.0%)
Annual Dividend Forecast40 Yen → 40 Yen(0.0%)
Payout ratio29.7
Orders received and order backlogOrders received ¥21,921 million / Order backlog ¥16,365 million
Depreciation and amortization¥759 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of property, plant and equipment ¥1 million / Extraordinary loss Loss on sale of property, plant and equipment ¥3 million, Loss on disposal of fixed assets ¥3 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 — companies / Excluded — companies
Material subsequent eventsNo applicable matters.
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (for institutional investors and analysts)
Issued Shares at Period-End16,957,016
Treasury Shares at Period-End1,014,717
Factors Behind Changes in Business PerformanceAcceptance of large projects in Japan and overseas, including a large vibration testing system for the United States, and the realization of revenue from service projects contributed to results. Demand for large vibration testing systems for the aerospace and defense sectors, acceptance of high-gross-margin projects, cost improvements, and increased demand for maintenance inspections and amplifier replacements also contributed.
Items this document does not state (6)
Revision to Earnings ForecastShareholder Return PolicySegment revenueSegment profitRegional salesImpairment loss

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.

Acceptance of large projects in Japan and overseas, including a large vibration testing system for the United States, and the realization of revenue from service projects contributed to results. Demand in the aerospace and defense sectors, the acceptance of high-gross-margin projects and cost improvements also boosted profit.

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