Worth reading
59In focus
Scored from 5 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
18.4
% (year-on-year change in operating income)Wording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAPNet Sales762,800Millions of yenYear on year +3.3%Progress 48.8%
Operating profit55,253Millions of yenYear on year +18.4%Progress 48.9%
Ordinary income66,297Millions of yenYear on year +27.5%Progress 49.5%
Net income attributable to owners of the parent47,395Millions of yenYear on year -20.3%Progress 45.1%
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¥110.49
Financial position at period-end
Total assets2,169,718Millions of yen
of which net assets 1,332,790 Millions of yenEquity ratio 57.8%vs. prior year-end -0.7pt
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+72,196
Investment+24,870
Financials-3,480
Net change+93,586
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 period338,135 Millions of yen
Segment revenue
Smart Communications segment355,47146.6%-0.8%
Life & Healthcare segment263,79234.6%+2.2%
Electronics segment143,74118.8%+16.1%
Segment profit
Smart Communications segment13,23219.3%-10.5%
Life & Healthcare segment23,35034.1%+28.8%
Electronics segment31,93846.6%+19.7%
Outlook and shareholder returns
Full-year earnings forecast
Net Sales1,564,000 Millions of yen (YoY +3.4%)
Operating profit113,000 Millions of yen (YoY +11.8%)
Ordinary income134,000 Millions of yen (YoY +12.4%)
Net income105,000 Millions of yen (YoY +1.0%)
Revision to Earnings ForecastNet Sales Not disclosed → 1,564,000 Millions of yen / Operating profit Not disclosed → 113,000 Millions of yen / Ordinary income Not disclosed → 134,000 Millions of yen / Net income Not disclosed → 105,000 Millions of yen
Annual Dividend Forecast40 Yen → 44 Yen（+10.0%）
Factors Behind Changes in Business Performance
Business structure reforms, including higher revenue, reductions in fixed costs and other expenses, and optimisation of fixed assets, contributed to operating income. The Electronics segment posted higher income due to growth in semiconductor-related business, while the Life & Healthcare segment posted higher income due to higher revenue and reductions in fixed costs and other expenses. The Smart Communications segment posted lower income due to the contraction of the print media market and a decline following the rebound in publishing-related business.
Disclosure regarding the going concern assumption
None
Change in accounting policy
基準改正に伴う変更 Noneそれ以外の変更 None見積りの変更 None修正再表示 None
Changes in the scope of consolidationNewly included: 0 companies; excluded: 0 companies (no material changes to the scope of consolidation during the interim period)
Material subsequent eventsIn October 2026, all shares of 株式会社協和ファーマケミカル were acquired, making it a subsidiary. The company also decided to reorganise its marketing-related business in April 2027.
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets 4,514 Millions of yen / Gain on Sale of Investment Securities 4,238 Millions of yen / Total 8,752 Millions of yen / Extraordinary loss Loss on disposal and sale of non-current assets 837 Millions of yen / Special retirement payments 354 Millions of yen / Founding anniversary-related expenses 941 Millions of yen / Other 522 Millions of yen / Total 2,656 Millions of yen
Depreciation and amortization26,518 Millions of yen
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for institutional investors and analysts)
Issued Shares at Period-End439,480,692
Treasury Shares at Period-End13,890,502
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 September 2026 |
| Net Sales | 762,800 Millions of yen (YoY +3.3%) |
| Operating profit | 55,253 Millions of yen (YoY +18.4%) |
| Ordinary income | 66,297 Millions of yen (YoY +27.5%) |
| Profit attributable to owners of the parent | 47,395 Millions of yen (YoY -20.3%) |
| Net income per share | ¥110.49 |
| Equity ratio | End of the current fiscal period 57.8 / End of previous period 58.5 |
| Total assets | 2,169,718 Millions of yen |
| Net assets | 1,332,790 Millions of yen |
| Cash flows from operating activities | 72,196 Millions of yen |
| Cash flows from investing activities | 24,870 Millions of yen |
| Cash flows from financing activities | -3,480 Millions of yen |
| Cash and cash equivalents at end of period | 338,135 Millions of yen |
| Full-year earnings forecast | Net Sales 1,564,000 Millions of yen (YoY +3.4%) / Operating profit 113,000 Millions of yen (YoY +11.8%) / Ordinary income 134,000 Millions of yen (YoY +12.4%) / Net income 105,000 Millions of yen (YoY +1.0%) |
| Revision to Earnings Forecast | Net Sales Not disclosed → 1,564,000 Millions of yen / Operating profit Not disclosed → 113,000 Millions of yen / Ordinary income Not disclosed → 134,000 Millions of yen / Net income Not disclosed → 105,000 Millions of yen |
| Annual Dividend Forecast | 40 Yen → 44 Yen（+10.0%） |
| Segment revenue | Smart Communications segment 355,471 Millions of yen (YoY -0.8%) / Life & Healthcare segment 263,792 Millions of yen (YoY +2.2%) / Electronics segment 143,741 Millions of yen (YoY +16.1%) |
| Segment profit | Smart Communications segment 13,232 Millions of yen (YoY -10.5%) / Life & Healthcare segment 23,350 Millions of yen (YoY +28.8%) / Electronics segment 31,938 Millions of yen (YoY +19.7%) |
| Depreciation and amortization | 26,518 Millions of yen |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets 4,514 Millions of yen / Gain on Sale of Investment Securities 4,238 Millions of yen / Total 8,752 Millions of yen / Extraordinary loss Loss on disposal and sale of non-current assets 837 Millions of yen / Special retirement payments 354 Millions of yen / Founding anniversary-related expenses 941 Millions of yen / Other 522 Millions of yen / Total 2,656 Millions of yen |
| Disclosure regarding the going concern assumption | None |
| Change in accounting policy | Changes due to revisions to standards None / Other changes None / Change in accounting estimate None / Restatement None |
| Changes in the scope of consolidation | Newly included: 0 companies; excluded: 0 companies (no material changes to the scope of consolidation during the interim period) |
| Material subsequent events | In October 2026, all shares of 株式会社協和ファーマケミカル were acquired, making it a subsidiary. The company also decided to reorganise its marketing-related business in April 2027. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (for institutional investors and analysts) |
| Issued Shares at Period-End | 439,480,692 |
| Treasury Shares at Period-End | 13,890,502 |
| Factors Behind Changes in Business Performance | Business structure reforms, including higher revenue, reductions in fixed costs and other expenses, and optimisation of fixed assets, contributed to operating income. The Electronics segment posted higher income due to growth in semiconductor-related business, while the Life & Healthcare segment posted higher income due to higher revenue and reductions in fixed costs and other expenses. The Smart Communications segment posted lower income due to the contraction of the print media market and a decline following the rebound in publishing-related business. |
Items this document does not state (6)
Operating MarginPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogImpairment 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.The company cited the effects of business structure reforms, including higher revenue, reductions in fixed costs and other expenses, and optimisation of fixed assets, as factors behind the increase in operating income. In the Electronics segment, growth in semiconductor-related business contributed, while in the Life & Healthcare segment, higher revenue and reductions in fixed costs and other expenses contributed.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.