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

Summary of Consolidated Financial Results for the First Quarter of the Fiscal Year Ending March 2027 (Japanese GAAP)

In the first quarter, net sales increased 42.3% year on year, driven by strong orders related to watches and the impact of the weaker yen, while operating income increased 126.1%. Ordinary income and net income attributable to owners of the parent turned profitable from losses in the same quarter of the previous year.

Worth reading
48Recurring
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
42.3
%
Wording
Conditional
How definitive the wording is.

Results for this period

First quarter1 April 2026 to 30 June 2026ConsolidatedJapanese GAAP
Net Sales2,530Millions of yenYear on year +42.3%Progress 33.1%
Operating profit253Millions of yenYear on year +126.1%Progress 79.8%
Ordinary income289Millions of yenProgress 124.6%
Net income attributable to owners of the parent232Millions of yenProgress 116.0%

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¥9.70
Financial position at period-end
Total assets6,518Millions of yen
of which net assets 2,268 Millions of yenEquity ratio 34.8%vs. prior year-end +0.9pt

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.

Segment revenueAccumulated losses ¥1,983,662 thousand (YoY +61.0%), Funding growth investment ¥191,033 thousand (YoY -16.7%), Fishing tackle and related products ¥355,823 thousand (YoY +12.3%)
Segment profitAccumulated losses ¥198,191 thousand (YoY +266.4%), Funding growth investment ¥-10,900 thousand, Fishing tackle and related products ¥61,274 thousand (YoY +5.4%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales7,652 Millions of yen (YoY -3.1%)
Operating profit317 Millions of yen (YoY -15.5%)
Ordinary income232 Millions of yen (YoY -56.5%)
Net income200 Millions of yen (YoY -43.0%)
Annual Dividend Forecast¥0 → ¥0(0.0%)
Factors Behind Changes in Business Performance

The weaker yen, particularly strong orders related to watches, higher gross profit, and the recognition of foreign exchange gains from the translation of foreign-currency-denominated receivables from overseas subsidiaries. There was also an impact from higher outsourcing costs associated with surging raw material prices.

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 Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed
Depreciation and amortization¥49,469 thousand
Orders received and order backlogOrders received ¥2,485,508 thousand (YoY +42.2%) / Order backlog ¥1,112,973 thousand (YoY +16.0%)
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo
Issued Shares at Period-End24,180,047 Shares
Treasury Shares at Period-End209,792 Shares
Results for this period
ItemDetails
Fiscal Period ClassificationFirst quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 June 2026
Net Sales2,530 Millions of yen (YoY +42.3%)
Operating profit253 Millions of yen (YoY +126.1%)
Ordinary income289 Millions of yen
Profit attributable to owners of the parent232 Millions of yen
Net income per share¥9.70
Equity ratioEnd of the current fiscal period 34.8 / End of previous period 33.9
Total assets6,518 Millions of yen
Net assets2,268 Millions of yen
Full-year earnings forecastNet Sales 7,652 Millions of yen (YoY -3.1%) / Operating profit 317 Millions of yen (YoY -15.5%) / Ordinary income 232 Millions of yen (YoY -56.5%) / Net income 200 Millions of yen (YoY -43.0%)
Annual Dividend Forecast¥0 → ¥0(0.0%)
Segment revenueAccumulated losses ¥1,983,662 thousand (YoY +61.0%), Funding growth investment ¥191,033 thousand (YoY -16.7%), Fishing tackle and related products ¥355,823 thousand (YoY +12.3%)
Segment profitAccumulated losses ¥198,191 thousand (YoY +266.4%), Funding growth investment ¥-10,900 thousand, Fishing tackle and related products ¥61,274 thousand (YoY +5.4%)
Orders received and order backlogOrders received ¥2,485,508 thousand (YoY +42.2%) / Order backlog ¥1,112,973 thousand (YoY +16.0%)
Depreciation and amortization¥49,469 thousand
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 Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo
Issued Shares at Period-End24,180,047 Shares
Treasury Shares at Period-End209,792 Shares
Factors Behind Changes in Business PerformanceThe weaker yen, particularly strong orders related to watches, higher gross profit, and the recognition of foreign exchange gains from the translation of foreign-currency-denominated receivables from overseas subsidiaries. There was also an impact from higher outsourcing costs associated with surging raw material prices.
Items this document does not state (12)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodRevision to Earnings ForecastPayout ratioShareholder Return PolicyRegional salesImpairment lossBreakdown of extraordinary income (loss)Material 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 increase in net sales was attributable to the continued depreciation of the yen in foreign exchange markets, as well as particularly strong orders related to watches. Operating income increased mainly due to higher gross profit, while ordinary income increased mainly due to the recognition of foreign exchange gains from the translation of foreign-currency-denominated receivables from overseas subsidiaries.

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Summary of Consolidated Financial Results for the First Quarter of the Fiscal Year Ending March 2027 (Japanese GAAP) | Nihon Seimitsu Co.,Ltd. (7771) timely disclosure | Komori