Results for this period
Full year1 April 2025–31 March 2026ConsolidatedJapanese GAAPThe 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.
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.
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.
The domestic watch and Wako businesses increased revenue against a backdrop of solid personal consumption and inbound demand, while the overseas watch business grew, led by the United States. Revenue increased in the device business, centered on small batteries, and in the systems business, supported by diversification and the expansion of recurring-revenue businesses. Operating profit was driven by the EVS business, while ordinary profit improved due in part to the recognition of foreign exchange gains resulting from significant fluctuations in the yen exchange rate.
None (the notes on going concern state that there are no applicable matters)
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2025–31 March 2026 |
| Net Sales | ¥335,686 million (YoY +10.2%) |
| Operating profit | ¥30,873 million (YoY +45.4%) |
| Ordinary income | ¥33,119 million (YoY +59.5%) |
| Profit attributable to owners of the parent | ¥21,980 million (YoY +65.1%) |
| Net income per share | ¥268.93 |
| Operating Margin | 9.2％ |
| Equity ratio | End of the current fiscal period 45.8 / End of previous period 42.2 |
| Total assets | ¥383,881 million |
| Net assets | ¥177,502 million |
| Cash flows from operating activities | ¥36,769 million |
| Cash flows from investing activities | ¥-14,794 million |
| Cash flows from financing activities | ¥-20,455 million |
| Cash and cash equivalents at end of period | ¥43,487 million |
| Full-year earnings forecast | Net Sales ¥358,000 million (YoY +6.6%) / Operating profit ¥33,500 million (YoY +8.5%) / Ordinary income ¥34,000 million (YoY +2.7%) / Net income ¥23,000 million (YoY +4.6%) |
| Annual Dividend Forecast | ¥100 per share → ¥165 per share（+65.0%） |
| Payout ratio | 30.7 |
| Shareholder Return Policy | Consolidated Dividend Payout Ratio of at Least 30% |
| Segment revenue | Segment Emotional Value Solutions business / Net Sales ¥218,009 million / Year on year against the same period last year ¥10.7 million, Segment Device Solutions business / Net Sales ¥59,846 million / Year on year against the same period last year ¥8.2 million, Segment System Solutions Business / Net Sales ¥55,063 million / Year on year against the same period last year ¥8.3 million |
| Segment profit | Segment Emotional Value Solutions business / Segment profit ¥28,590 million / Year on year against the same period last year ¥28.7 million, Segment Device Solutions business / Segment profit ¥3,816 million / Year on year against the same period last year ¥37.4 million, Segment System Solutions Business / Segment profit ¥5,500 million / Year on year against the same period last year ¥6 million |
| Regional sales | Region Domestic / Net Sales 1,757 Hundreds of millions of yen / Year on year against the same period last year 5.7 Hundreds of millions of yen, Region Overseas expansion / Net Sales 1,598 Hundreds of millions of yen / Year on year against the same period last year 15.4 Hundreds of millions of yen |
| Depreciation and amortization | ¥14,085 million |
| Impairment loss | ¥938 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Item Gain on sale of non-current assets / Amount ¥561 million / Extraordinary loss Item Impairment Losses / Amount ¥938 million, Item Business structure improvement costs / Amount ¥798 million, Item Loss on Disposal of Fixed Assets / Amount ¥136 million |
| Disclosure regarding the going concern assumption | None (the notes on going concern state that there are no applicable matters) |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | New Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed |
| Material subsequent events | Effective 1 April 2026, the company conducted a 2-for-1 stock split of its common shares. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Available (for securities analysts and institutional investors) |
| Issued Shares at Period-End | 82,808,522 |
| Treasury Shares at Period-End | 1,066,720 |
| Factors Behind Changes in Business Performance | The domestic watch and Wako businesses increased revenue against a backdrop of solid personal consumption and inbound demand, while the overseas watch business grew, led by the United States. Revenue increased in the device business, centered on small batteries, and in the systems business, supported by diversification and the expansion of recurring-revenue businesses. Operating profit was driven by the EVS business, while ordinary profit improved due in part to the recognition of foreign exchange gains resulting from significant fluctuations in the yen exchange rate. |
Items this document does not state (2)
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.Against a backdrop of solid personal consumption and inbound demand, the domestic watch and Wako businesses grew, while the overseas watch business also expanded, led by the United States. Revenue also increased in the device business, including small batteries, and in the systems business, which is pursuing diversification and the expansion of its recurring-revenue businesses. Operating profit was driven by the EVS business, while ordinary profit improved due in part to the recognition of foreign exchange gains resulting from significant fluctuations in the yen exchange rate.