Komori
Results7769RHYTHM CO.,LTD.Electric Appliances & Precision Instruments

Second-quarter (interim-period) financial results for the fiscal year ending March 2027 (Japanese GAAP) (Consolidated)

For the interim period of the fiscal year ending March 2027, net sales increased due to strong performance in the precision components business, while operating income declined because of weak performance in the household goods business, and net income fell sharply due to the absence of the prior year's extraordinary gain. The full-year earnings forecast was revised, but the revised figures are not included in this earnings report.

Worth reading
54Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
8.7
Year-on-year change in net sales (%)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAP
Net Sales18,021Millions of yenYear on year +8.7%Progress 50.1%
Operating profit937Millions of yenYear on year -8.0%Progress 58.6%
Ordinary income1,067Millions of yenYear on year -7.4%Progress 57.7%
Net income attributable to owners of the parent780Millions of yenYear on year -56.9%

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¥97.95
Financial position at period-end
Total assets49,688Millions of yen
of which net assets 34,634 Millions of yenEquity ratio 69.7%vs. prior year-end +0.4pt

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+565
Investment-849
Financials-2,294
Net change-2,578

Stacked from zero: upward is an increase in cash, downward a decrease (in Millions of yen).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 period11,368 Millions of yen
Segment revenuePrecision Components Business 14,305 Millions of yen (YoY +18.5%), Household Products Business 3,456 Millions of yen (YoY -18.9%), Other 259 Millions of yen (YoY +5.0%)
Segment profitPrecision Components Business 1,430 Millions of yen (YoY +44.6%), Household Products Business -309 Millions of yen, Other 42 Millions of yen (YoY +15.7%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales36,000 Millions of yen (YoY +3.6%)
Operating profit1,600 Millions of yen (YoY +0.8%)
Ordinary income1,850 Millions of yen (YoY -6.5%)
Profit attributable to owners of the parent1,300 Millions of yen (YoY -43.8%)
Annual Dividend Forecast167.6 Yen → 167.6 Yen(0.0%)
Factors Behind Changes in Business Performance

The household goods business posted lower revenue and profit due to weak sales of summer products affected by unseasonable weather, while the precision components business posted higher revenue and profit as orders remained strong, particularly for mobility components, machine tools and AI-related products. Interim net income attributable to owners of the parent fell sharply due to the absence of gains from the sale of land and the liquidation of a U.S. subsidiary recorded in the same period of the previous fiscal year.

Disclosure regarding the going concern assumption

None applicable

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 0 companies / Excluded 0 companies / Company name Not disclosed
Material subsequent eventsA resolution was passed to expand the Aizu Plant. The project will involve partially demolishing the existing plant building, constructing a new plant building and installing new equipment. Total investment is expected to be approximately ¥5.0–5.5 billion, with construction scheduled to begin in April 2027, completion scheduled for September 2028 and operations scheduled to commence in October 2028.
Impairment loss56 Millions of yen
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets 1 Millions of yen / Extraordinary loss Loss on disposal of fixed assets 0 Millions of yen, Impairment loss 56 Millions of yen
Depreciation and amortization735 Millions of yen
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingYes (for institutional investors and analysts)
Issued Shares at Period-End8,385,093
Treasury Shares at Period-End409,627
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 Sales18,021 Millions of yen (YoY +8.7%)
Operating profit937 Millions of yen (YoY -8.0%)
Ordinary income1,067 Millions of yen (YoY -7.4%)
Profit attributable to owners of the parent780 Millions of yen (YoY -56.9%)
Net income per share¥97.95
Equity ratioEnd of the current fiscal period 69.7 / End of previous period 69.3
Total assets49,688 Millions of yen
Net assets34,634 Millions of yen
Cash flows from operating activities565 Millions of yen
Cash flows from investing activities-849 Millions of yen
Cash flows from financing activities-2,294 Millions of yen
Cash and cash equivalents at end of period11,368 Millions of yen
Full-year earnings forecastNet Sales 36,000 Millions of yen (YoY +3.6%) / Operating profit 1,600 Millions of yen (YoY +0.8%) / Ordinary income 1,850 Millions of yen (YoY -6.5%) / Profit attributable to owners of the parent 1,300 Millions of yen (YoY -43.8%)
Annual Dividend Forecast167.6 Yen → 167.6 Yen(0.0%)
Segment revenuePrecision Components Business 14,305 Millions of yen (YoY +18.5%), Household Products Business 3,456 Millions of yen (YoY -18.9%), Other 259 Millions of yen (YoY +5.0%)
Segment profitPrecision Components Business 1,430 Millions of yen (YoY +44.6%), Household Products Business -309 Millions of yen, Other 42 Millions of yen (YoY +15.7%)
Depreciation and amortization735 Millions of yen
Impairment loss56 Millions of yen
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets 1 Millions of yen / Extraordinary loss Loss on disposal of fixed assets 0 Millions of yen, Impairment loss 56 Millions of yen
Disclosure regarding the going concern assumptionNone applicable
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 0 companies / Excluded 0 companies / Company name Not disclosed
Material subsequent eventsA resolution was passed to expand the Aizu Plant. The project will involve partially demolishing the existing plant building, constructing a new plant building and installing new equipment. Total investment is expected to be approximately ¥5.0–5.5 billion, with construction scheduled to begin in April 2027, completion scheduled for September 2028 and operations scheduled to commence in October 2028.
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingYes (for institutional investors and analysts)
Issued Shares at Period-End8,385,093
Treasury Shares at Period-End409,627
Factors Behind Changes in Business PerformanceThe household goods business posted lower revenue and profit due to weak sales of summer products affected by unseasonable weather, while the precision components business posted higher revenue and profit as orders remained strong, particularly for mobility components, machine tools and AI-related products. Interim net income attributable to owners of the parent fell sharply due to the absence of gains from the sale of land and the liquidation of a U.S. subsidiary recorded in the same period of the previous fiscal year.
Items this document does not state (6)
Operating MarginRevision to Earnings ForecastPayout ratioShareholder 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 household goods business posted a substantial decline in revenue due to weak sales of summer products affected by unseasonable weather, while orders in the precision components business remained strong, particularly for mobility components, machine tools and AI-related products. In terms of profit, the precision components business posted higher profit but could not offset the decline in profit from the household goods business, and interim net income attributable to owners of the parent declined due to the absence of gains from the sale of land and the liquidation of a U.S. subsidiary recorded in the previous fiscal year.

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Second-quarter (interim-period) financial results for the fiscal year ending March 2027 (Japanese GAAP) (Consolidated) | RHYTHM CO.,LTD. (7769) timely disclosure | Komori