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Earnings7771Nihon Seimitsu Co.,Ltd.Electrical Equipment and Precision Instruments

Summary of Consolidated Financial Results for the Fiscal Year Ending March 2026 (Japanese GAAP)

For the fiscal year ended March 2026, net sales rose 10.3% year on year and operating profit increased 36.0%, while ordinary profit and net income also returned to profitability. For the fiscal year ending March 2027, net sales, operating profit and other figures are expected to decline, and annual dividends are expected to remain at ¥0 for the second consecutive year.

Worth reading
45Recurring
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
10.3
%
Wording
Conditional
How definitive the wording is.

Results for this period

Full year1 April 2025 to 31 March 2026ConsolidatedJapanese GAAP
Net Sales7,895¥ millionYear on year +10.3%Progress 103.2%
Operating profit374¥ millionYear on year +36.0%Progress 118.0%
Ordinary income533¥ millionProgress 229.7%
Net income attributable to owners of the parent350¥ millionProgress 175.0%

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¥15.82
Operating MarginCurrent fiscal year 4.7% / Previous period 3.9%
Financial position at period-end
Total assets6,018¥ million
of which net assets 2,038 ¥ millionEquity ratio 33.9%vs. prior year-end +7.8pt

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+191
Investment-56
Financials-103
Net change+32

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¥929 million
Segment revenueAccumulated losses ¥5,878,107 thousand (YoY +12.0%), Funding growth investment ¥854,935 thousand (YoY -4.7%), Fishing tackle and related products ¥1,162,781 thousand (YoY +14.9%)
Segment profitAccumulated losses ¥174,424 thousand, Funding growth investment ¥14,995 thousand, Fishing tackle and related products ¥191,570 thousand
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥7,652 million (YoY -3.1%)
Operating profit¥317 million (YoY -15.5%)
Ordinary income¥232 million (YoY -56.5%)
Net income¥200 million (YoY -43.0%)
Annual Dividend Forecast¥0 → ¥0
Factors Behind Changes in Business Performance

Higher outsourced production in Japan and overseas related to watches, increased orders from domestic business partners, steady orders for fishing-tackle components, and the recognition of foreign exchange gains, among other factors.

Disclosure regarding the going concern assumption

Not 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 — companies / Excluded — companies / Company name Not disclosed
Material subsequent eventsNot applicable.
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥817 thousand / Extraordinary loss Loss on Disposal of Fixed Assets ¥115 thousand
Depreciation and amortization¥198,666 thousand
Orders received and order backlogOrders received ¥8,063,909 thousand / Order backlog ¥1,157,985 thousand
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo
Issued Shares at Period-End24,180,047
Treasury Shares at Period-End209,792
Results for this period
ItemDetails
Fiscal Period ClassificationFull year
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2025 to 31 March 2026
Net Sales¥7,895 million (YoY +10.3%)
Operating profit¥374 million (YoY +36.0%)
Ordinary income¥533 million
Profit attributable to owners of the parent¥350 million
Net income per share¥15.82
Operating MarginCurrent fiscal year 4.7% / Previous period 3.9%
Equity ratioEnd of the current fiscal period 33.9% / End of previous period 26.1%
Total assets¥6,018 million
Net assets¥2,038 million
Cash flows from operating activities¥191 million
Cash flows from investing activities¥-56 million
Cash flows from financing activities¥-103 million
Cash and cash equivalents at end of period¥929 million
Full-year earnings forecastNet Sales ¥7,652 million (YoY -3.1%) / Operating profit ¥317 million (YoY -15.5%) / Ordinary income ¥232 million (YoY -56.5%) / Net income ¥200 million (YoY -43.0%)
Annual Dividend Forecast¥0 → ¥0
Segment revenueAccumulated losses ¥5,878,107 thousand (YoY +12.0%), Funding growth investment ¥854,935 thousand (YoY -4.7%), Fishing tackle and related products ¥1,162,781 thousand (YoY +14.9%)
Segment profitAccumulated losses ¥174,424 thousand, Funding growth investment ¥14,995 thousand, Fishing tackle and related products ¥191,570 thousand
Orders received and order backlogOrders received ¥8,063,909 thousand / Order backlog ¥1,157,985 thousand
Depreciation and amortization¥198,666 thousand
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥817 thousand / Extraordinary loss Loss on Disposal of Fixed Assets ¥115 thousand
Disclosure regarding the going concern assumptionNot 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 — companies / Excluded — companies / Company name Not disclosed
Material subsequent eventsNot applicable.
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo
Issued Shares at Period-End24,180,047
Treasury Shares at Period-End209,792
Factors Behind Changes in Business PerformanceHigher outsourced production in Japan and overseas related to watches, increased orders from domestic business partners, steady orders for fishing-tackle components, and the recognition of foreign exchange gains, among other factors.
Items this document does not state (5)
Revision to Earnings ForecastPayout ratioShareholder Return PolicyRegional 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.

Net sales increased mainly because of higher outsourced production in Japan and overseas related to watches. Operating profit increased mainly due to higher gross profit. Ordinary profit increased mainly due to the recognition of foreign exchange gains from the translation of foreign-currency-denominated receivables from overseas subsidiaries amid exchange-rate fluctuations. Net income attributable to owners of the parent was affected by the recognition of corporate income taxes and prior-period corporate income taxes.

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Summary of Consolidated Financial Results for the Fiscal Year Ending March 2026 (Japanese GAAP) | Nihon Seimitsu Co.,Ltd. (7771) timely disclosure | Komori