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Earnings7965Zojirushi CorporationElectrical Equipment and Precision Instruments

Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending November 2026 [Japanese GAAP] (Consolidated)

For the interim period of FY11/2026, net sales, operating income, ordinary income and interim net income attributable to owners of the parent all exceeded the corresponding figures for the same period of the previous fiscal year. The full-year earnings forecasts and annual dividend forecast remain unchanged, while full-year operating income is expected to fall below the previous fiscal year's actual result.

Worth reading
53Recurring
Scored from 5 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
1078
¥ million (year-on-year increase in revenue)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)21 November 2025 to 20 May 2026ConsolidatedJapanese GAAP
Net Sales51,210¥ millionYear on year +2.2%Progress 55.4%
Operating profit5,212¥ millionYear on year +7.0%Progress 79.0%
Ordinary income5,493¥ millionYear on year +8.5%Progress 77.4%
Net income attributable to owners of the parent3,534¥ millionYear on year +3.9%

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¥55.66
Financial position at period-end
Total assets119,460¥ million
of which net assets 92,049 ¥ millionEquity ratio 76.3%vs. prior year-end +1.3pt

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+7,058
Investment-1,438
Financials-3,927
Net change+1,693

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¥32,251 million
Regional sales
Japan33,65227.4%
Asia (including China)10,4798.5%
China2,8252.3%
North, Central and South America6,7465.5%
Other3320.3%
Overseas total17,55714.3%
Total51,21041.7%
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥92,500 million (YoY +1.5%)
Operating profit¥6,600 million (YoY -11.2%)
Ordinary income¥7,100 million (YoY -14.5%)
Profit attributable to owners of the parent¥4,800 million (YoY -19.7%)
Annual Dividend Forecast82 yen and sen → 46 yen and sen(-43.9%)
Factors Behind Changes in Business Performance

Sales of cooking appliances and household appliances exceeded the previous year's levels, with domestic sales remaining strong, led by high-value-added products. The company also made progress in passing on higher import costs resulting from the weaker yen, and absorbed higher selling, general and administrative expenses through increased net sales. Ordinary income increased due in part to a decrease in foreign exchange losses, while interim net income attributable to owners of the parent increased despite a higher tax burden ratio resulting from changes in the composition of profits among the group's companies.

Disclosure regarding the going concern assumption

None ("There are 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
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥29 million / Gain on sale of investment securities ¥2 million / Total ¥31 million / Extraordinary loss Loss on sale of fixed assets ¥0 million / Loss on Disposal of Fixed Assets ¥2 million / Impairment Loss on Investment Securities ¥28 million / Total ¥31 million
Depreciation and amortization¥1,241 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingEvent No / Subject person Not disclosed
Issued Shares at Period-End72,600,000 Shares
Treasury Shares at Period-End9,076,454 Shares
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered21 November 2025 to 20 May 2026
Net Sales¥51,210 million (YoY +2.2%)
Operating profit¥5,212 million (YoY +7.0%)
Ordinary income¥5,493 million (YoY +8.5%)
Profit attributable to owners of the parent¥3,534 million (YoY +3.9%)
Net income per share¥55.66
Equity ratioEnd of the current fiscal period 76.3 / End of previous period 75
Total assets¥119,460 million
Net assets¥92,049 million
Cash flows from operating activities¥7,058 million
Cash flows from investing activities¥-1,438 million
Cash flows from financing activities¥-3,927 million
Cash and cash equivalents at end of period¥32,251 million
Full-year earnings forecastNet Sales ¥92,500 million (YoY +1.5%) / Operating profit ¥6,600 million (YoY -11.2%) / Ordinary income ¥7,100 million (YoY -14.5%) / Profit attributable to owners of the parent ¥4,800 million (YoY -19.7%)
Annual Dividend Forecast82 yen and sen → 46 yen and sen(-43.9%)
Regional salesJapan ¥33,652 million / Asia (including China) ¥10,479 million / China ¥2,825 million / North, Central and South America ¥6,746 million / Other ¥332 million / Overseas total ¥17,557 million / Total ¥51,210 million
Depreciation and amortization¥1,241 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥29 million / Gain on sale of investment securities ¥2 million / Total ¥31 million / Extraordinary loss Loss on sale of fixed assets ¥0 million / Loss on Disposal of Fixed Assets ¥2 million / Impairment Loss on Investment Securities ¥28 million / Total ¥31 million
Disclosure regarding the going concern assumptionNone ("There are no 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 MaterialsYes
Availability of Financial Results BriefingEvent No / Subject person Not disclosed
Issued Shares at Period-End72,600,000 Shares
Treasury Shares at Period-End9,076,454 Shares
Factors Behind Changes in Business PerformanceSales of cooking appliances and household appliances exceeded the previous year's levels, with domestic sales remaining strong, led by high-value-added products. The company also made progress in passing on higher import costs resulting from the weaker yen, and absorbed higher selling, general and administrative expenses through increased net sales. Ordinary income increased due in part to a decrease in foreign exchange losses, while interim net income attributable to owners of the parent increased despite a higher tax burden ratio resulting from changes in the composition of profits among the group's companies.
Items this document does not state (9)
Operating MarginRevision to Earnings ForecastPayout ratioShareholder Return PolicySegment revenueSegment profitOrders received and order backlogImpairment lossMaterial 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 interim-period earnings was attributed to strong domestic sales, led by high-value-added products, progress in passing on higher import costs resulting from the weaker yen, and the absorption of higher selling, general and administrative expenses through increased net sales. Although recent performance has exceeded expectations, the full-year forecasts were left unchanged after carefully taking into account the impact of the situation in the Middle East on higher naphtha and other raw material prices, as well as higher costs resulting from the weaker yen.

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.
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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 Second Quarter (Interim Period) of the Fiscal Year Ending November 2026 [Japanese GAAP] (Consolidated) | Zojirushi Corporation (7965) timely disclosure | Komori