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Earnings9435HIKARI TSUSHIN,INC.Information and Communications, Services and Others

Financial Results Disclosure Concerning a Delisted Subsidiary (FTGroup CO.,LTD.)

FTGroup CO.,LTD. disclosed its consolidated financial results for the first quarter of the fiscal year ending March 2027. Revenue and all profit figures were below the levels recorded in the same period of the previous fiscal year. No full-year earnings forecast or dividend forecast was provided due to the company's conversion into a wholly owned subsidiary and subsequent delisting.

Worth reading
40Recurring
Scored from 4 of 6 sections
Direction
Deterioration
Direction inferred from the company’s description.
Scale
-10
% (year-on-year change in revenue)
Wording
Conditional
How definitive the wording is.

Results for this period

First quarter1 April 2026 to 30 June 2026ConsolidatedIFRS
Net Sales6,892¥ millionYear on year -10.0%
Operating profit1,466¥ millionYear on year -20.8%
Ordinary income1,694¥ millionYear on year -13.1%
Net income attributable to owners of the parent1,158¥ millionYear on year -11.8%

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.

Net income per share¥38.96
Financial position at period-end
Total assets44,598¥ million
of which net assets 35,614 ¥ millionEquity ratio 79.9%vs. prior year-end +2.1pt

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+786
Investment+840
Financials-1,159
Net change+467

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¥18,525 million
Segment revenue
Network Infrastructure Business3,02143.1%
Corporate Solutions Business3,98456.9%
Other Businesses00.0%
Segment profit
Network Infrastructure Business66345.5%
Corporate Solutions Business79554.5%
Other Businesses00.0%
Outlook and shareholder returns
Annual Dividend Forecast¥55 → Not disclosed
Factors Behind Changes in Business Performance

In the Network Infrastructure Business, line services remained firm, while the downward trend in the selling price of retail electricity services continued. The Corporate Solutions Business focused on expanding its subscription services.

Disclosure regarding the going concern assumption

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 Not disclosed
Changes in the scope of consolidationNew — companies / Excluded — companies / Company name Not disclosed
Material subsequent eventsNo applicable matters.
Depreciation and amortizationDepreciation and amortization ¥36 million
Issued Shares at Period-End30,342,268 Shares
Treasury Shares at Period-End613,363 Shares
Results for this period
ItemDetails
Fiscal Period ClassificationFirst quarter
Accounting standardsIFRS
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 June 2026
Net Sales¥6,892 million (YoY -10.0%)
Operating profit¥1,466 million (YoY -20.8%)
Ordinary incomeIncome before taxes ¥1,694 million (YoY -13.1%)
Profit attributable to owners of the parent¥1,158 million (YoY -11.8%)
Net income per share¥38.96
Equity ratioEnd of the current fiscal period 79.9 / End of previous period 77.8
Total assets¥44,598 million
Net assets¥35,614 million
Cash flows from operating activities¥786 million
Cash flows from investing activities¥840 million
Cash flows from financing activities¥-1,159 million
Cash and cash equivalents at end of period¥18,525 million
Annual Dividend Forecast¥55 → Not disclosed
Segment revenueNetwork Infrastructure Business ¥3,021 million / Corporate Solutions Business ¥3,984 million / Other Businesses ¥0 million
Segment profitNetwork Infrastructure Business ¥663 million / Corporate Solutions Business ¥795 million / Other Businesses ¥0 million
Depreciation and amortizationDepreciation and amortization ¥36 million
Disclosure regarding the going concern assumptionNo applicable matters
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement Not disclosed
Changes in the scope of consolidationNew — companies / Excluded — companies / Company name Not disclosed
Material subsequent eventsNo applicable matters.
Issued Shares at Period-End30,342,268 Shares
Treasury Shares at Period-End613,363 Shares
Factors Behind Changes in Business PerformanceIn the Network Infrastructure Business, line services remained firm, while the downward trend in the selling price of retail electricity services continued. The Corporate Solutions Business focused on expanding its subscription services.
Items this document does not state (11)
Operating MarginFull-year earnings forecastRevision to Earnings ForecastPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogImpairment lossBreakdown of extraordinary income (loss)Availability of Supplementary Financial Results MaterialsAvailability of Financial Results Briefing

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 the Network Infrastructure Business, the decline in the selling price of retail electricity services continued. Meanwhile, line services remained firm, and the Corporate Solutions Business focused on expanding its subscription services. No full-year earnings forecast or dividend forecast was provided in light of the delisting accompanying the company's conversion into a wholly owned subsidiary.

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.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Financial Results Disclosure Concerning a Delisted Subsidiary (FTGroup CO.,LTD.) | HIKARI TSUSHIN,INC. (9435) timely disclosure | Komori