Komori
Results7782Sincere Co.,LTD.Electric Appliances & Precision Instruments

Financial Results for the Third Quarter of the Fiscal Year Ending December 2026 [Japanese GAAP] (Consolidated)

Cumulative net sales for the first 3 quarters increased 5.9% year on year, while operating income decreased 4.5% and net income decreased 6.2%. Ordinary income increased 0.6%, but the increase in sales did not lead to improved earnings.

Worth reading
60In focus
Scored from 3 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
5.9
% year on year
Wording
Conditional
How definitive the wording is.

Results for this period

Third quarter1 January 2026 to 30 September 2026ConsolidatedJapanese GAAP
Net Sales5,739,532¥ thousandYear on year +5.9%
Operating profit377,366¥ thousandYear on year -4.5%
Ordinary income382,185¥ thousandYear on year +0.6%
Net income attributable to owners of the parent231,900¥ thousandYear on year -6.2%

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.

Financial position at period-end
Total assets5,334,822¥ thousand
of which net assets 2,896,092 ¥ thousandEquity ratio 54.3%vs. prior year-end +1.9pt

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.

Cash and cash equivalents at end of period¥1,804,893 thousand
Segment revenueContact Lens Business ¥5,338,607 thousand (YoY +5.7%), Consulting Business ¥43,777 thousand (YoY +75.1%), Systems Business ¥357,147 thousand (YoY +4.5%)
Segment profitContact Lens Business ¥498,591 thousand (YoY -2.7%), Consulting Business ¥23,043 thousand (YoY +86.0%), Systems Business ¥54,042 thousand (YoY -26.2%)
Factors Behind Changes in Business Performance

Net sales increased as our core contact lens business remained solid, while rising raw material costs and upfront investments reduced operating income. In the consulting business, the launch of the pharmaceutical and medical affairs consulting business contributed to higher sales. In the systems business, capturing demand contributed to higher sales, while development-related costs for the next-generation POS system and the burden of upfront investments reduced earnings.

Disclosure regarding the going concern assumption

None applicable

Impairment lossNo applicable items
Breakdown of extraordinary income (loss)Extraordinary income No applicable items / Extraordinary loss Extraordinary Losses ¥32,482 thousand
Depreciation and amortization¥26,062 thousand
Results for this period
ItemDetails
Fiscal Period ClassificationThird quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 January 2026 to 30 September 2026
Net Sales¥5,739,532 thousand (YoY +5.9%)
Operating profit¥377,366 thousand (YoY -4.5%)
Ordinary income¥382,185 thousand (YoY +0.6%)
Profit attributable to owners of the parent¥231,900 thousand (YoY -6.2%)
Equity ratioEnd of the current fiscal period 54.3 / End of previous period 52.4
Total assets¥5,334,822 thousand
Net assets¥2,896,092 thousand
Cash and cash equivalents at end of period¥1,804,893 thousand
Segment revenueContact Lens Business ¥5,338,607 thousand (YoY +5.7%), Consulting Business ¥43,777 thousand (YoY +75.1%), Systems Business ¥357,147 thousand (YoY +4.5%)
Segment profitContact Lens Business ¥498,591 thousand (YoY -2.7%), Consulting Business ¥23,043 thousand (YoY +86.0%), Systems Business ¥54,042 thousand (YoY -26.2%)
Depreciation and amortization¥26,062 thousand
Impairment lossNo applicable items
Breakdown of extraordinary income (loss)Extraordinary income No applicable items / Extraordinary loss Extraordinary Losses ¥32,482 thousand
Disclosure regarding the going concern assumptionNone applicable
Factors Behind Changes in Business PerformanceNet sales increased as our core contact lens business remained solid, while rising raw material costs and upfront investments reduced operating income. In the consulting business, the launch of the pharmaceutical and medical affairs consulting business contributed to higher sales. In the systems business, capturing demand contributed to higher sales, while development-related costs for the next-generation POS system and the burden of upfront investments reduced earnings.
Items this document does not state (19)
Net income per shareOperating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesFull-year earnings forecastRevision to Earnings ForecastAnnual Dividend ForecastPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogChange in accounting policyChanges in the scope of consolidationMaterial subsequent eventsAvailability of Supplementary Financial Results MaterialsAvailability of Financial Results BriefingIssued Shares at Period-EndTreasury Shares at Period-End

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 as our core contact lens business remained solid, while rising raw material costs and upfront investments reduced operating income. Net income was also affected by an extraordinary loss of ¥32.482 million.

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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Financial Results for the Third Quarter of the Fiscal Year Ending December 2026 [Japanese GAAP] (Consolidated) | Sincere Co.,LTD. (7782) timely disclosure | Komori