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Earnings7914Kyodo Printing Co.,Ltd.Information and Communications, Services and Others

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

For the fiscal year ended March 2026, net sales and operating income were below the previous fiscal year's levels, while net income attributable to owners of the parent increased due to gains on the sale of investment securities. For the fiscal year ending March 2027, the Company plans to increase net sales, operating income and annual dividends from the current fiscal year's results.

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Results for this period

Full year1 April 2025–31 March 2026ConsolidatedJapanese GAAP
Net Sales98,205¥ millionYear on year -1.8%Progress 97.2%
Operating profit2,134¥ millionYear on year -8.4%Progress 85.4%
Ordinary income2,727¥ millionYear on year -0.7%Progress 92.4%
Net income attributable to owners of the parent3,960¥ millionYear on year +19.6%Progress 94.3%

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¥141.15
Operating Margin2.2%
Financial position at period-end
Total assets123,801¥ million
of which net assets 65,261 ¥ millionEquity ratio 52.7%vs. prior year-end +2.9pt

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 inflows and outflows
Operating+6,589
Investment-1,121
Financials-5,360
Net change+108

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¥12,366 million
Segment revenueInformation and Communications ¥32,344 million (YoY -6.7%), Information Security ¥30,478 million (YoY -0.9%), Lifestyle and Industrial Materials ¥33,170 million (YoY +2.6%), Other regions ¥2,211 million (YoY -0.9%)
Segment profitInformation and Communications ¥-222 million, Information Security ¥1,128 million (YoY -42.3%), Lifestyle and Industrial Materials ¥1,521 million (YoY +25.7%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥101,000 million (YoY +2.8%)
Operating profit¥2,500 million (YoY +17.1%)
Ordinary income¥2,950 million (YoY +8.2%)
Net income¥4,200 million (YoY +6.0%)
Annual Dividend Forecast¥78 → ¥80
Payout ratio55.3% for the fiscal year ended March 2026; forecast of 52.7% for the fiscal year ending March 2027
Shareholder Return PolicyTarget dividend on equity (DOE) of 3.5%
Factors Behind Changes in Business Performance

In the Information and Communications segment, sales of publishing and printing products, catalogs and information magazines declined, while in the Information Security segment, data printing for government agencies and transportation IC cards declined. Meanwhile, tubes, flexible packaging and paper containers increased in the Lifestyle and Industrial Materials segment. Net income attributable to owners of the parent increased mainly due to the recognition of a ¥3,404 million gain on the sale of investment securities.

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 1 company (Kodama Tales Inc.) / Excluded 0 companies
Impairment loss¥126 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥31 million, Gain on sale of investment securities ¥3,404 million, Other regions ¥0 million / Extraordinary loss Losses on disposal of fixed assets ¥111 million, Loss on sale of investment securities ¥9 million, Impairment Loss on Investment Securities ¥49 million, Impairment Losses ¥126 million, Factory reorganization costs ¥16 million, Other regions ¥34 million
Depreciation and amortization¥5,795 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (for institutional investors and analysts)
Issued Shares at Period-End30,000,000 Shares
Treasury Shares at Period-End2,353,718 Shares
Results for this period
ItemDetails
Fiscal Period ClassificationFull year
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2025–31 March 2026
Net Sales¥98,205 million (YoY -1.8%)
Operating profit¥2,134 million (YoY -8.4%)
Ordinary income¥2,727 million (YoY -0.7%)
Profit attributable to owners of the parent¥3,960 million (YoY +19.6%)
Net income per share¥141.15
Operating Margin2.2%
Equity ratioEnd of the current fiscal period 52.7% / End of previous period 49.8%
Total assets¥123,801 million
Net assets¥65,261 million
Cash flows from operating activities¥6,589 million
Cash flows from investing activities¥-1,121 million
Cash flows from financing activities¥-5,360 million
Cash and cash equivalents at end of period¥12,366 million
Full-year earnings forecastNet Sales ¥101,000 million (YoY +2.8%) / Operating profit ¥2,500 million (YoY +17.1%) / Ordinary income ¥2,950 million (YoY +8.2%) / Net income ¥4,200 million (YoY +6.0%)
Annual Dividend Forecast¥78 → ¥80
Payout ratio55.3% for the fiscal year ended March 2026; forecast of 52.7% for the fiscal year ending March 2027
Shareholder Return PolicyTarget dividend on equity (DOE) of 3.5%
Segment revenueInformation and Communications ¥32,344 million (YoY -6.7%), Information Security ¥30,478 million (YoY -0.9%), Lifestyle and Industrial Materials ¥33,170 million (YoY +2.6%), Other regions ¥2,211 million (YoY -0.9%)
Segment profitInformation and Communications ¥-222 million, Information Security ¥1,128 million (YoY -42.3%), Lifestyle and Industrial Materials ¥1,521 million (YoY +25.7%)
Depreciation and amortization¥5,795 million
Impairment loss¥126 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥31 million, Gain on sale of investment securities ¥3,404 million, Other regions ¥0 million / Extraordinary loss Losses on disposal of fixed assets ¥111 million, Loss on sale of investment securities ¥9 million, Impairment Loss on Investment Securities ¥49 million, Impairment Losses ¥126 million, Factory reorganization costs ¥16 million, Other regions ¥34 million
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 1 company (Kodama Tales Inc.) / Excluded 0 companies
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (for institutional investors and analysts)
Issued Shares at Period-End30,000,000 Shares
Treasury Shares at Period-End2,353,718 Shares
Factors Behind Changes in Business PerformanceIn the Information and Communications segment, sales of publishing and printing products, catalogs and information magazines declined, while in the Information Security segment, data printing for government agencies and transportation IC cards declined. Meanwhile, tubes, flexible packaging and paper containers increased in the Lifestyle and Industrial Materials segment. Net income attributable to owners of the parent increased mainly due to the recognition of a ¥3,404 million gain on the sale of investment securities.
Items this document does not state (4)
Revision to Earnings ForecastRegional salesOrders received and order backlogMaterial 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.

In the Information and Communications segment, sales of catalogs and information magazines declined, while in the Information Security segment, data printing for government agencies and transportation IC cards declined. Meanwhile, tubes, flexible packaging and paper containers grew in the Lifestyle and Industrial Materials segment. Net income increased mainly due to the recognition of a ¥3,404 million gain on the sale of investment securities.

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Summary of Financial Results for the Fiscal Year Ending March 2026 [Japanese GAAP] (Consolidated) | Kyodo Printing Co.,Ltd. (7914) timely disclosure | Komori