Worth reading
56In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
49.1
% (year-on-year increase in operating profit)Wording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAPNet Sales966,041¥ millionYear on year -12.1%Progress 47.1%
Operating profit216,500¥ millionYear on year +49.1%Progress 58.5%
Ordinary income300,676¥ millionYear on year +27.4%Progress 69.9%
Net income attributable to owners of the parent220,917¥ millionYear on year +11.0%Progress 71.3%
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¥191.63
Financial position at period-end
Total assets3,936,480¥ million
of which net assets 2,983,541 ¥ millionEquity ratio 75.8%vs. prior year-end -1.8pt
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.
Regional salesRegion Overseas / Net Sales ¥7,624 100 million / Year on year against the same period last year Not disclosed / Revenue mix 78.9
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥2,050,000 million (YoY -11.4%)
Operating profit¥370,000 million (YoY +2.7%)
Ordinary income¥430,000 million (YoY -20.7%)
Net income¥310,000 million (YoY -26.9%)
Annual Dividend Forecast¥219 → ¥162（-26.0%）
Factors Behind Changes in Business Performance
Net sales declined due to lower hardware unit sales, while operating profit increased as software sales remained firm and accounted for a larger share of sales, and as the company received a refund of tariffs imposed under the US IEEPA.
Disclosure regarding the going concern assumption
There are no applicable matters.
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 consolidationMaterial changes None / New Not disclosed / Excluded Not disclosed / Company name Not disclosed
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of property, plant and equipment ¥6 million, Gain on sale of investment securities ¥159 million / Extraordinary loss Loss on disposal of property, plant and equipment ¥168 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for institutional investors and securities analysts)
Issued Shares at Period-End1,287,260,000
Treasury Shares at Period-End134,341,050
| 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 | ¥966,041 million (YoY -12.1%) |
| Operating profit | ¥216,500 million (YoY +49.1%) |
| Ordinary income | ¥300,676 million (YoY +27.4%) |
| Profit attributable to owners of the parent | ¥220,917 million (YoY +11.0%) |
| Net income per share | ¥191.63 |
| Equity ratio | End of the current fiscal period 75.8 / End of previous period 77.6 |
| Total assets | ¥3,936,480 million |
| Net assets | ¥2,983,541 million |
| Full-year earnings forecast | Net Sales ¥2,050,000 million (YoY -11.4%) / Operating profit ¥370,000 million (YoY +2.7%) / Ordinary income ¥430,000 million (YoY -20.7%) / Net income ¥310,000 million (YoY -26.9%) |
| Annual Dividend Forecast | ¥219 → ¥162（-26.0%） |
| Regional sales | Region Overseas / Net Sales ¥7,624 100 million / Year on year against the same period last year Not disclosed / Revenue mix 78.9 |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of property, plant and equipment ¥6 million, Gain on sale of investment securities ¥159 million / Extraordinary loss Loss on disposal of property, plant and equipment ¥168 million |
| Disclosure regarding the going concern assumption | There are no applicable matters. |
| 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 | Material changes None / New Not disclosed / Excluded Not disclosed / Company name Not disclosed |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (for institutional investors and securities analysts) |
| Issued Shares at Period-End | 1,287,260,000 |
| Treasury Shares at Period-End | 134,341,050 |
| Factors Behind Changes in Business Performance | Net sales declined due to lower hardware unit sales, while operating profit increased as software sales remained firm and accounted for a larger share of sales, and as the company received a refund of tariffs imposed under the US IEEPA. |
Items this document does not state (14)
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 PolicySegment revenueSegment profitOrders received and order backlogDepreciation and amortizationImpairment 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.Net sales declined due to lower hardware unit sales, but operating profit increased as software sales remained firm and accounted for a larger share of net sales, and as the company received a refund of tariffs imposed under the US IEEPA. Ordinary profit increased due in part to ¥60.8 billion in equity-method investment gains and ¥26.7 billion in interest income.
How to read this page
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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.