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Results8226RIKEI CORPORATIONTrading & Wholesale

Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated)

For the interim period of the fiscal year ending March 2027, net sales increased 11.7% year on year, while operating profit declined 1.0% and interim net income attributable to owners of the parent declined 10.2%. The full-year earnings forecast and annual dividend forecast are both unchanged from the previous forecasts.

Worth reading
43Recurring
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
11.7
% (year-on-year change in revenue)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAP
Net Sales10,949¥ millionYear on year +11.7%Progress 57.9%
Operating profit415¥ millionYear on year -1.0%Progress 56.1%
Ordinary income383¥ millionYear on year +4.2%Progress 54.7%
Net income attributable to owners of the parent189¥ millionYear on year -10.2%Progress 45.0%

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¥12.50
Financial position at period-end
Total assets13,538¥ million
of which net assets 6,139 ¥ millionEquity ratio 45.1%vs. prior year-end -1.4pt

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+224,898
Investment-23,013
Financials+641,665
Net change+843,550

Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ thousand).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¥4,955,247 thousand
Segment revenueSystems Solutions ¥1,582,032 thousand (YoY +11.4%), Network Solutions ¥541,326 thousand (YoY -36.6%), Electronic Components and Equipment ¥8,826,291 thousand (YoY +17.2%)
Segment profitSystems Solutions ¥14,098 thousand, Network Solutions ¥-136,541 thousand, Electronic Components and Equipment ¥538,088 thousand (YoY +9.5%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥18,900 million (YoY -3.3%)
Operating profit¥740 million (YoY -40.2%)
Ordinary income¥700 million (YoY -35.1%)
Net income¥420 million (YoY -43.7%)
Revision to Earnings ForecastNone
Annual Dividend Forecast¥7 → ¥7(0.0%)
Factors Behind Changes in Business Performance

In System Solutions, 3D CAD software renewal projects and sales of measurement-related products contributed. In Network Solutions, components installed on low-Earth-orbit satellites and new projects performed well, while delays in antenna production, delays in bringing alternative products to market and a decline following the large deliveries made in the previous year had an adverse impact. In Electronic Components and Equipment, aircraft components for the Ministry of Defense, semiconductor products and related products for low-Earth-orbit satellites contributed.

Disclosure regarding the going concern assumption

Not applicable.

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 consolidationNew Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed
Depreciation and amortization¥21,516 thousand
Availability of Supplementary Financial Results MaterialsAvailable
Availability of Financial Results BriefingWhether applicable Available / Subject person Institutional investors and analysts
Issued Shares at Period-End15,514,721
Treasury Shares at Period-End362,653
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 September 2026
Net Sales¥10,949 million (YoY +11.7%)
Operating profit¥415 million (YoY -1.0%)
Ordinary income¥383 million (YoY +4.2%)
Profit attributable to owners of the parent¥189 million (YoY -10.2%)
Net income per share¥12.50
Equity ratioEnd of the current fiscal period 45.1 / End of previous period 46.5
Total assets¥13,538 million
Net assets¥6,139 million
Cash flows from operating activities¥224,898 thousand
Cash flows from investing activities¥-23,013 thousand
Cash flows from financing activities¥641,665 thousand
Cash and cash equivalents at end of period¥4,955,247 thousand
Full-year earnings forecastNet Sales ¥18,900 million (YoY -3.3%) / Operating profit ¥740 million (YoY -40.2%) / Ordinary income ¥700 million (YoY -35.1%) / Net income ¥420 million (YoY -43.7%)
Revision to Earnings ForecastNone
Annual Dividend Forecast¥7 → ¥7(0.0%)
Segment revenueSystems Solutions ¥1,582,032 thousand (YoY +11.4%), Network Solutions ¥541,326 thousand (YoY -36.6%), Electronic Components and Equipment ¥8,826,291 thousand (YoY +17.2%)
Segment profitSystems Solutions ¥14,098 thousand, Network Solutions ¥-136,541 thousand, Electronic Components and Equipment ¥538,088 thousand (YoY +9.5%)
Depreciation and amortization¥21,516 thousand
Disclosure regarding the going concern assumptionNot applicable.
Change in accounting policyChanges due to revisions to standards None / Other changes None / Change in accounting estimate None / Restatement None
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 MaterialsAvailable
Availability of Financial Results BriefingWhether applicable Available / Subject person Institutional investors and analysts
Issued Shares at Period-End15,514,721
Treasury Shares at Period-End362,653
Factors Behind Changes in Business PerformanceIn System Solutions, 3D CAD software renewal projects and sales of measurement-related products contributed. In Network Solutions, components installed on low-Earth-orbit satellites and new projects performed well, while delays in antenna production, delays in bringing alternative products to market and a decline following the large deliveries made in the previous year had an adverse impact. In Electronic Components and Equipment, aircraft components for the Ministry of Defense, semiconductor products and related products for low-Earth-orbit satellites contributed.
Items this document does not state (8)
Operating MarginPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogImpairment lossBreakdown of extraordinary income (loss)Material 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 System Solutions, sales of 3D CAD software renewal projects and measurement-related products contributed. In Electronic Components and Equipment, deliveries of aircraft components for the Ministry of Defense, semiconductor product sales and new orders for products for low-Earth-orbit satellites contributed, while Network Solutions was affected by delays in antenna production, delays in bringing alternative products to market and a decline following the large deliveries made in the previous year.

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Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated) | RIKEI CORPORATION (8226) timely disclosure | Komori