Komori
Earnings9474ZENRIN CO.,LTD.Information and Communications, Services and Others

FY2027 Second-Quarter (Interim-Period) Financial Results Summary [Japanese GAAP] (Consolidated)

Revenue for the interim period decreased 3.4% year on year, while operating, ordinary and net income turned negative. For the full year, the revenue forecast was unchanged, while the operating profit forecast was lowered by ¥1,400 million.

Worth reading
71In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Deterioration
Direction inferred from the company’s description.
Scale
-1400
¥ million
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026–30 September 2026ConsolidatedJapanese GAAP
Net Sales28,509¥ millionYear on year -3.4%Progress 43.2%
Operating profit-1,763¥ million
Ordinary income-1,545¥ million
Net income attributable to owners of the parent-365¥ million

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−¥6.84
Financial position at period-end
Total assets69,129¥ million
of which net assets 47,871 ¥ millionEquity ratio 69.1%vs. prior year-end +1.2pt

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+3,120
Investment-2,968
Financials-1,639
Net change-1,487

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¥10,028 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥66,000 million (YoY +2.7%)
Operating profit¥2,200 million (YoY -37.2%)
Ordinary income¥2,600 million (YoY -32.8%)
Net income¥2,400 million (YoY -12.4%)
Revision to Earnings ForecastNet Sales ¥66,000 million → ¥66,000 million(0.0%) / Operating profit ¥3,600 million → ¥2,200 million(-38.9%) / Ordinary income ¥3,900 million → ¥2,600 million(-33.3%) / Profit attributable to owners of the parent ¥2,500 million → ¥2,400 million(-4.0%)
Annual Dividend Forecast¥42 → ¥42(0.0%)
Factors Behind Changes in Business Performance

The reversal of the increase in revenue from contracted public-sector solutions projects and residential map data in the same period of the previous year, and higher costs for improving the precision of the map database and service operation expenses. The full-year forecast reflects the delay in launching new products, lower sales of project-based products, and the impact of changes in the configuration of in-vehicle systems and production and development plans at automakers.

Disclosure regarding the going concern assumption

No applicable items

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 1 / Company name 株式会社Will Smart / Excluded Not disclosed
Breakdown of extraordinary income (loss)Extraordinary income Item Gain on sale of non-current assets / Amount ¥0 million, Item Gain on sale of investment securities / Amount ¥791 million, Item Gain on step acquisition / Amount ¥394 million, Item Other / Amount ¥4 million / Extraordinary loss Item Loss on sale and disposal of non-current assets / Amount ¥12 million, Item Other / Amount ¥0 million
Depreciation and amortization¥2,797 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for institutional investors and analysts)
Issued Shares at Period-End57,301,365
Treasury Shares at Period-End3,907,927
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026–30 September 2026
Net Sales¥28,509 million (YoY -3.4%)
Operating profit¥-1,763 million
Ordinary income¥-1,545 million
Profit attributable to owners of the parent¥-365 million
Net income per share−¥6.84
Equity ratioEnd of the current fiscal period 69.1 / End of previous period 67.9
Total assets¥69,129 million
Net assets¥47,871 million
Cash flows from operating activities¥3,120 million
Cash flows from investing activities¥-2,968 million
Cash flows from financing activities¥-1,639 million
Cash and cash equivalents at end of period¥10,028 million
Full-year earnings forecastNet Sales ¥66,000 million (YoY +2.7%) / Operating profit ¥2,200 million (YoY -37.2%) / Ordinary income ¥2,600 million (YoY -32.8%) / Net income ¥2,400 million (YoY -12.4%)
Revision to Earnings ForecastNet Sales ¥66,000 million → ¥66,000 million(0.0%) / Operating profit ¥3,600 million → ¥2,200 million(-38.9%) / Ordinary income ¥3,900 million → ¥2,600 million(-33.3%) / Profit attributable to owners of the parent ¥2,500 million → ¥2,400 million(-4.0%)
Annual Dividend Forecast¥42 → ¥42(0.0%)
Depreciation and amortization¥2,797 million
Breakdown of extraordinary income (loss)Extraordinary income Item Gain on sale of non-current assets / Amount ¥0 million, Item Gain on sale of investment securities / Amount ¥791 million, Item Gain on step acquisition / Amount ¥394 million, Item Other / Amount ¥4 million / Extraordinary loss Item Loss on sale and disposal of non-current assets / Amount ¥12 million, Item Other / Amount ¥0 million
Disclosure regarding the going concern assumptionNo applicable items
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 1 / Company name 株式会社Will Smart / Excluded Not disclosed
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for institutional investors and analysts)
Issued Shares at Period-End57,301,365
Treasury Shares at Period-End3,907,927
Factors Behind Changes in Business PerformanceThe reversal of the increase in revenue from contracted public-sector solutions projects and residential map data in the same period of the previous year, and higher costs for improving the precision of the map database and service operation expenses. The full-year forecast reflects the delay in launching new products, lower sales of project-based products, and the impact of changes in the configuration of in-vehicle systems and production and development plans at automakers.
Items this document does not state (9)
Operating MarginPayout ratioShareholder Return PolicySegment revenueSegment profitRegional salesOrders received and order backlogImpairment 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.

During the interim period, revenue declined due to the reversal of the increase in revenue from contracted public-sector solutions projects and residential map data recorded in the same period of the previous year, while costs for improving the precision of the map database and service operation expenses increased. The full-year forecast incorporates the delay in launching new products, lower sales of project-based products, and the impact of changes in the configuration of in-vehicle systems and production and development plans at automakers.

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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.
FY2027 Second-Quarter (Interim-Period) Financial Results Summary [Japanese GAAP] (Consolidated) | ZENRIN CO.,LTD. (9474) timely disclosure | Komori