Latest Business Results
Fiscal summary
During the first half of the fiscal year under review, the Japanese economy maintained a moderate recovery trend due to improvements in the employment and income situation, despite the impact of price increases. When it comes to the global economy, the outlook remained uncertain due to heightened geopolitical risks stemming from the protracted conflict in Ukraine and growing tensions in the Middle East, as well as the impact of fluctuations in financial and capital markets and other factors.
In the electronics industry, the production of electronic parts was strong due to greater demand for electrification of automobiles and the rapid spread of generative AI.
Under these circumstances, the Group focused on selling electronic parts-related materials. However, due to the impact of sluggish sales of aftermarket products including dashboard cameras, revenue for the first half of the fiscal year under review decreased 3.7% year on year to 98,360 million yen.
Operating profit was down 0.8% year on year to 4,996 million yen due to factors such as higher personnel expenses associated with an increased headcount though gross profit rose following a better profit margin.
Profit before tax fell 4.3% year on year to 4,433 million yen due to a decrease in operating profit as well as an increase in foreign exchange losses.
Profit attributable to owners of the parent dropped 7.2% year on year to 3,068 million yen due to a decrease in profit before tax.
Revenue
Operating Profit
Profit before tax
Profit
| FYE2021 JGAAP |
FYE2022 JGAAP |
FYE2023 IFRS |
FYE2024 IFRS |
FYE2025 IFRS |
||
|---|---|---|---|---|---|---|
| Revenue (millions of yen) |
FY | 180,218 | 200,646 | 239,871 | 194,350 | |
| 3Q Cumulative |
131,689 | 145,459 | 184,905 | 149,910 | ||
| 2Q Cumulative |
85,164 | 91,660 | 123,167 | 102,102 | 98,360 | |
| 1Q | 39,669 | 45,034 | 57,629 | 50,834 | 47,506 | |
| Operating profit (millions of yen) |
FY | 5,463 | 8,346 | 11,478 | 9,052 | |
| 3Q Cumulative |
3,732 | 5,658 | 10,030 | 6,565 | ||
| 2Q Cumulative |
2,152 | 3,481 | 6,628 | 5,034 | 4,996 | |
| 1Q | 788 | 1,665 | 2,781 | 2,496 | 2,165 | |
| Profit before tax (millions of yen) |
FY | 5,179 | 7,867 | 10,477 | 8,116 | |
| 3Q Cumulative |
3,583 | 5,452 | 9,260 | 5,992 | ||
| 2Q Cumulative |
2,033 | 3,408 | 6,122 | 4,635 | 4,433 | |
| 1Q | 702 | 1,605 | 2,345 | 2,281 | 1,869 | |
| Profit (millions of yen) |
FY | 3,666 | 5,374 | 7,192 | 5,729 | |
| 3Q Cumulative |
2,548 | 3,826 | 6,420 | 4,269 | ||
| 2Q Cumulative |
1,409 | 2,397 | 4,164 | 3,305 | 3,068 | |
| 1Q | 479 | 1,148 | 1,552 | 1,495 | 1,178 | |
Beginning with the fiscal year ending March 2023, we have voluntarily adopted IFRS in place of the previous JGAAP.
Fiscal segment summary
<Japan>Revenue / Profit
<China>Revenue / Profit
<Other Asian countries>Revenue / Profit
<Europe and America>Revenue / Profit
| FYE2021 JGAAP |
FYE2022 JGAAP |
FYE2023 IFRS |
FYE2024 IFRS |
FYE2025 IFRS |
||
|---|---|---|---|---|---|---|
| <Japan> Revenue (millions of yen) |
FY | 103,634 | 109,115 | 133,452 | 106,521 | |
| 3Q Cumulative |
75,850 | 77,583 | 100,431 | 82,764 | ||
| 2Q Cumulative |
50,374 | 48,288 | 65,800 | 56,523 | 46,149 | |
| 1Q | 24,492 | 24,172 | 31,207 | 28,858 | 22,696 | |
| <Japan> Profit (millions of yen) |
FY | 2,470 | 4,060 | 4,536 | 5,836 | |
| 3Q Cumulative |
1,506 | 2,796 | 4,418 | 2,037 | ||
| 2Q Cumulative |
816 | 1,758 | 3,038 | 2,977 | 2,558 | |
| 1Q | 326 | 889 | 1,452 | 483 | 341 | |
| <China> Revenue (millions of yen) |
FY | 36,776 | 50,253 | 54,058 | 40,379 | |
| 3Q Cumulative |
27,260 | 37,679 | 43,561 | 31,590 | ||
| 2Q Cumulative |
16,884 | 24,252 | 29,801 | 21,980 | 26,475 | |
| 1Q | 7,221 | 11,413 | 13,521 | 10,780 | 12,177 | |
| <China> Profit (millions of yen) |
FY | 1,424 | 2,034 | 2,842 | 1,992 | |
| 3Q Cumulative |
1,092 | 1,353 | 3,063 | 2,088 | ||
| 2Q Cumulative |
647 | 843 | 1,807 | 1,418 | 1,498 | |
| 1Q | 237 | 392 | 687 | 619 | 485 | |
| <Other Asian countries> Revenue (millions of yen) |
FY | 31,457 | 32,136 | 34,672 | 29,373 | |
| 3Q Cumulative |
22,505 | 23,695 | 27,669 | 21,917 | ||
| 2Q Cumulative |
14,195 | 14,988 | 19,361 | 14,160 | 17,333 | |
| 1Q | 6,517 | 7,503 | 9,280 | 6,762 | 8,245 | |
| <Other Asian countries> Profit (millions of yen) |
FY | 854 | 1,534 | 1,222 | 1,204 | |
| 3Q Cumulative |
611 | 1,178 | 1,257 | 1,189 | ||
| 2Q Cumulative |
372 | 751 | 885 | 570 | 690 | |
| 1Q | 107 | 329 | 403 | 258 | 323 | |
| <Europe and America> Revenue (millions of yen) |
FY | 8,350 | 9,141 | 17,689 | 18,075 | |
| 3Q Cumulative |
6,072 | 6,501 | 13,243 | 13,638 | ||
| 2Q Cumulative |
3,710 | 4,131 | 8,204 | 9,438 | 8,402 | |
| 1Q | 1,438 | 1,944 | 3,619 | 4,433 | 4,386 | |
| <Europe and America> Profit (millions of yen) |
FY | 261 | 140 | 285 | 513 | |
| 3Q Cumulative |
225 | 76 | 371 | 572 | ||
| 2Q Cumulative |
119 | 33 | 236 | 254 | 238 | |
| 1Q | 28 | 20 | 79 | 116 | 149 | |
Beginning with the fiscal year ending March 2023, we have voluntarily adopted IFRS in place of the previous JGAAP.