Worth reading
63In focus
Scored from 5 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
87961
Millions of yenWording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAPNet Sales376,921Millions of yenYear on year +30.4%Progress 47.1%
Operating profit18,980Millions of yenYear on year +45.5%Progress 52.7%
Ordinary income18,959Millions of yenYear on year +41.0%Progress 52.7%
Net income attributable to owners of the parent19,515Millions of yenYear on year +29.8%
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¥409.43
Financial position at period-end
Total assets460,937Millions of yen
of which net assets 216,932 Millions of yenEquity ratio 43.8%vs. prior year-end -1.7pt
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+17,863
Investment-6,853
Financials+6,377
Net change+17,387
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 period105,067 Millions of yen
Segment revenue
Electronic Components Business340,12890.2%+37.3%
Information Equipment Business23,9076.3%+10.8%
Software business1,4050.4%-16.3%
Other11,4793.0%-35.9%
Segment profit
Electronic Components Business16,31486.3%+81.9%
Information Equipment Business1,6628.8%+2.8%
Software business2571.4%+55.4%
Other6643.5%-68.7%
Outlook and shareholder returns
Full-year earnings forecast
Net Sales800,000 Millions of yen (YoY +21.4%)
Operating profit36,000 Millions of yen (YoY +29.4%)
Ordinary income36,000 Millions of yen (YoY +20.3%)
Profit attributable to owners of the parent32,000 Millions of yen (YoY +2.9%)
Net income per share¥671.28
Revision to Earnings ForecastNet Sales 760,000 Millions of yen → 800,000 Millions of yen（+5.3%） / Operating profit 32,000 Millions of yen → 36,000 Millions of yen（+12.5%） / Ordinary income 32,000 Millions of yen → 36,000 Millions of yen（+12.5%） / Profit attributable to owners of the parent 29,000 Millions of yen → 32,000 Millions of yen（+10.3%） / Net income per share 608.35 Yen → 671.28 Yen（+10.3%）
Annual Dividend Forecast¥160 /share → ¥180 /share（+12.5%）
Payout ratio26.8%
Shareholder Return PolicyThe Medium-Term Management Plan 2027 sets a consolidated dividend payout ratio target of 30%–40% and a DOE target of 4.0%.
Factors Behind Changes in Business Performance
Higher revenue was driven by expanding demand for semiconductors, particularly those related to AI, and rising prices, strong sales of memory semiconductors and other device products, solid performance in air-conditioning equipment and automotive EMS, strong sales of power products for PCs, mobile base stations and data centers, and the consolidation of Shinko Shoji Co.,Ltd. as a subsidiary. Operating profit increased on higher revenue and efforts to improve expense efficiency. Interim net profit attributable to owners of the parent also benefited from extraordinary gains, including a gain on bargain purchase and gains on sales of investment securities.
Disclosure regarding the going concern assumption
Not applicable (no matters requiring disclosure under the going concern assumption)
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 17 companies (Shinko Shoji Co.,Ltd. and 16 others) / Excluded Not disclosed
Material subsequent eventsNot applicable
Impairment lossNo material impairment loss (no material impairment loss related to fixed assets)
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets 5 Millions of yen / Gain on sales of investment securities 1,121 Millions of yen / Gain on step acquisitions 273 Millions of yen / Gain on recognition of negative goodwill 5,007 Millions of yen / Other 0 Millions of yen / Total 6,408 Millions of yen / Extraordinary loss Loss on sale of fixed assets 16 Millions of yen / Loss on disposal of non-current assets 44 Millions of yen / Loss on valuation of investment securities 48 Millions of yen / Loss on sale of investment property 31 Millions of yen / Other 7 Millions of yen / Total 149 Millions of yen
Depreciation and amortization2,906 Millions of yen
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for institutional investors and analysts)
Issued Shares at Period-End52,486,836
Treasury Shares at Period-End4,811,808
| 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 | 376,921 Millions of yen (YoY +30.4%) |
| Operating profit | 18,980 Millions of yen (YoY +45.5%) |
| Ordinary income | 18,959 Millions of yen (YoY +41.0%) |
| Profit attributable to owners of the parent | 19,515 Millions of yen (YoY +29.8%) |
| Net income per share | ¥409.43 |
| Equity ratio | End of the current fiscal period 43.8 / End of previous period 45.5 |
| Total assets | 460,937 Millions of yen |
| Net assets | 216,932 Millions of yen |
| Cash flows from operating activities | 17,863 Millions of yen |
| Cash flows from investing activities | -6,853 Millions of yen |
| Cash flows from financing activities | 6,377 Millions of yen |
| Cash and cash equivalents at end of period | 105,067 Millions of yen |
| Full-year earnings forecast | Net Sales 800,000 Millions of yen (YoY +21.4%) / Operating profit 36,000 Millions of yen (YoY +29.4%) / Ordinary income 36,000 Millions of yen (YoY +20.3%) / Profit attributable to owners of the parent 32,000 Millions of yen (YoY +2.9%) / Net income per share ¥671.28 |
| Revision to Earnings Forecast | Net Sales 760,000 Millions of yen → 800,000 Millions of yen（+5.3%） / Operating profit 32,000 Millions of yen → 36,000 Millions of yen（+12.5%） / Ordinary income 32,000 Millions of yen → 36,000 Millions of yen（+12.5%） / Profit attributable to owners of the parent 29,000 Millions of yen → 32,000 Millions of yen（+10.3%） / Net income per share 608.35 Yen → 671.28 Yen（+10.3%） |
| Annual Dividend Forecast | ¥160 /share → ¥180 /share（+12.5%） |
| Payout ratio | 26.8% |
| Shareholder Return Policy | The Medium-Term Management Plan 2027 sets a consolidated dividend payout ratio target of 30%–40% and a DOE target of 4.0%. |
| Segment revenue | Electronic Components Business 340,128 Millions of yen (YoY +37.3%) / Information Equipment Business 23,907 Millions of yen (YoY +10.8%) / Software business 1,405 Millions of yen (YoY -16.3%) / Other 11,479 Millions of yen (YoY -35.9%) |
| Segment profit | Electronic Components Business 16,314 Millions of yen (YoY +81.9%) / Information Equipment Business 1,662 Millions of yen (YoY +2.8%) / Software business 257 Millions of yen (YoY +55.4%) / Other 664 Millions of yen (YoY -68.7%) |
| Depreciation and amortization | 2,906 Millions of yen |
| Impairment loss | No material impairment loss (no material impairment loss related to fixed assets) |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets 5 Millions of yen / Gain on sales of investment securities 1,121 Millions of yen / Gain on step acquisitions 273 Millions of yen / Gain on recognition of negative goodwill 5,007 Millions of yen / Other 0 Millions of yen / Total 6,408 Millions of yen / Extraordinary loss Loss on sale of fixed assets 16 Millions of yen / Loss on disposal of non-current assets 44 Millions of yen / Loss on valuation of investment securities 48 Millions of yen / Loss on sale of investment property 31 Millions of yen / Other 7 Millions of yen / Total 149 Millions of yen |
| Disclosure regarding the going concern assumption | Not applicable (no matters requiring disclosure under the going concern assumption) |
| 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 17 companies (Shinko Shoji Co.,Ltd. and 16 others) / Excluded Not disclosed |
| Material subsequent events | Not applicable |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (for institutional investors and analysts) |
| Issued Shares at Period-End | 52,486,836 |
| Treasury Shares at Period-End | 4,811,808 |
| Factors Behind Changes in Business Performance | Higher revenue was driven by expanding demand for semiconductors, particularly those related to AI, and rising prices, strong sales of memory semiconductors and other device products, solid performance in air-conditioning equipment and automotive EMS, strong sales of power products for PCs, mobile base stations and data centers, and the consolidation of Shinko Shoji Co.,Ltd. as a subsidiary. Operating profit increased on higher revenue and efforts to improve expense efficiency. Interim net profit attributable to owners of the parent also benefited from extraordinary gains, including a gain on bargain purchase and gains on sales of investment securities. |
Items this document does not state (3)
Operating MarginRegional salesOrders received and order backlog
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 results benefited from expanding demand for semiconductors, particularly those related to AI, and rising prices, strong sales of memory semiconductors and device products, growth in EMS for air-conditioning equipment and automotive applications, strong sales of power products for PCs, mobile base stations and data centers, and the consolidation of Shinko Shoji Co.,Ltd. as a subsidiary. In addition to higher revenue, operating profit benefited from more efficient expense management.
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