Note: This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.
April 24, 2026
Consolidated Financial Results for the Fiscal Year Ended March 31, 2026 (Under Japanese GAAP)
Company name: AICHI CORPORATION
Listing: Tokyo Stock Exchange, Nagoya Stock Exchange Securities code: 6345
URL: https://www.aichi-corp.co.jp
Representative: Shunichi Nakazawa, President and Representative Director Inquiries: Akihiko Noda, Accounting General Manager
Telephone: +81-48-781-1111
Scheduled date of annual general meeting of shareholders: June 19, 2026 Scheduled date to commence dividend payments: June 4, 2026
Scheduled date to file annual securities report: June 18, 2026 Preparation of supplementary material on financial results: Yes Holding of financial results briefing: Yes
(Yen amounts are rounded down to millions, unless otherwise noted.)
-
Consolidated financial results for the fiscal year ended March 31, 2026 (from April 1, 2025 to March 31, 2026)
-
Consolidated operating results (Percentages indicate year-on-year changes.)
Net sales
Operating profit
Ordinary profit
Profit attributable to owners of parent
Fiscal year ended
March 31, 2026
March 31, 2025
Millions of yen
59,613
59,306
%
0.5
11.6
Millions of yen
7,511
7,440
%
1.0
17.3
Millions of yen
8,172
8,225
%
(0.6)
17.2
Millions of yen
6,658
6,334
%
5.1
20.2
Note: Comprehensive income
For the fiscal year ended March 31, 2026:
¥
8,752 million [
65.4%]
For the fiscal year ended March 31, 2025:
¥
5,291 million [
(20.7) %]
Basic earnings per share
Diluted earnings per share
Rate of return on equity
Ordinary profit to total assets ratio
Operating profit to net sales ratio
Fiscal year ended
Yen
Yen
%
%
%
March 31, 2026
100.73
-
8.4
8.5
12.6
March 31, 2025
84.96
-
7.6
8.4
12.5
Reference: Share of profit (loss) of entities accounted for using equity method
For the fiscal year ended March 31, 2026:
¥
362 million
For the fiscal year ended March 31, 2025:
¥
469 million
-
Consolidated financial position
Total assets
Net assets
Equity-to-asset ratio
Net assets per share
As of
March 31, 2026
March 31, 2025
Millions of yen
92,812
100,358
Millions of yen
75,398
84,023
%
81.2
83.7
Yen
1,167.89
1,126.92
Reference: Equity
As of March 31, 2026:
¥
75,398 million
As of March 31, 2025:
¥
84,023 million
- Consolidated cash flows
Cash flows from operating activities
Cash flows from investing activities
Cash flows from financing activities
Cash and cash equivalents at end of period
Fiscal year ended March 31, 2026
March 31, 2025
Millions of yen
803
9,871
Millions of yen
(3,675)
(1,955)
Millions of yen
(17,436)
(3,133)
Millions of yen
26,708
46,871
-
Consolidated operating results (Percentages indicate year-on-year changes.)
-
Cash dividends
Annual dividends per share
Total cash dividends (Total)
Payout ratio (Consolidated)
Ratio of dividends to net assets (Consolidated)
First quarter-end
Second quarter-end
Third quarter-end
Fiscal year-end
Total
Yen
Yen
Yen
Yen
Yen
Millions of yen
%
%
Fiscal year ended March 31, 2025
-
20.00
-
35.00
55.00
4,100
64.7
4.9
Fiscal year ended March 31, 2026
-
30.00
-
30.00
60.00
3,873
59.6
5.2
Fiscal year ending March 31, 2027
(Forecast)
-
33.00
-
32.00
65.00
62.6
- Consolidated financial result forecasts for the fiscal year ending March 31, 2027 (from April 1, 2026 to March 31, 2027)
(Percentages indicate year-on-year changes.)
Net sales | Operating profit | Ordinary profit | Profit attributable to owners of parent | Basic earnings per share | |||||
Full year | Millions of yen 63,000 | % 5.7 | Millions of yen 7,900 | % 5.2 | Millions of yen 8,500 | % 4.0 | Millions of yen 6,700 | % 0.6 | Yen 103.78 |
Significant changes in the scope of consolidation during the period: None
Changes in accounting policies, changes in accounting estimates, and restatement
Changes in accounting policies due to revisions to accounting standards and other regulations: None
Changes in accounting policies due to other reasons: None
Changes in accounting estimates: None
Restatement: None
Number of issued shares (common shares)
Total number of issued shares at the end of the period (including treasury shares)
As of March 31, 2026
64,570,000 shares
As of March 31, 2025
74,570,000 shares
Number of treasury shares at the end of the period
As of March 31, 2026
10,668 shares
As of March 31, 2025
9,922 shares
Average number of shares outstanding during the period
Fiscal Year ended March 31, 2026 | 66,098,181 shares |
Fiscal Year ended March 31, 2025 | 74,560,181 shares |
Financial results reports are exempt from audit conducted by certified public accountants or an audit firm.
Proper use of earnings forecasts, and other special matters
The forecasts given in this document are based on the current available information in the company and certain reasonable assumptions of the company. And we don't commit to achieve these forecasting numbers. Actual results may differ from these forecasts by a variety of reasons.
Consolidated Financial Statements and Primary Notes
Consolidated Balance Sheet
(Thousands of yen)
As of March 31, 2025 As of March 31, 2026
Assets
Current assets
Cash and deposits | 46,871,546 | 26,708,915 |
Notes receivable - trade | 2,282,192 | 4,018,200 |
Accounts receivable - trade | 13,932,423 | 16,008,601 |
Merchandise and finished goods | 1,904,576 | 1,762,142 |
Work in process | 1,172,573 | 1,386,399 |
Raw materials and supplies | 4,011,703 | 3,399,602 |
Other | 873,430 | 832,214 |
Total current assets | 71,048,447 | 54,116,075 |
Non-current assets | ||
Property, plant and equipment | ||
Buildings and structures | 20,160,813 | 24,627,794 |
Accumulated depreciation | (13,936,251) | (14,557,665) |
Buildings and structures, net | 6,224,561 | 10,070,128 |
Machinery, equipment and vehicles | 10,782,454 | 11,845,434 |
Accumulated depreciation | (9,335,962) | (9,545,699) |
Machinery, equipment and vehicles, net | 1,446,491 | 2,299,734 |
Tools, furniture and fixtures | 3,064,141 | 3,336,028 |
Accumulated depreciation | (2,895,682) | (2,936,228) |
Tools, furniture and fixtures, net | 168,458 | 399,799 |
Land | 9,648,734 | 9,648,352 |
Leased assets | 618,109 | 606,087 |
Accumulated depreciation | (421,673) | (420,033) |
Leased assets, net | 196,435 | 186,054 |
Construction in progress | 1,519,142 | 2,825,408 |
Total property, plant and equipment | 19,203,823 | 25,429,479 |
Intangible assets | 599,350 | 629,199 |
Investments and other assets | ||
Investment securities | 5,395,663 | 6,717,872 |
Retirement benefit asset | 940,995 | 1,870,617 |
Other | 3,175,773 | 4,054,325 |
Allowance for doubtful accounts | (5,107) | (5,006) |
Total investments and other assets | 9,507,325 | 12,637,808 |
Total non-current assets | 29,310,499 | 38,696,487 |
Total assets | 100,358,946 | 92,812,563 |
(Thousands of yen)
As of March 31, 2025 As of March 31, 2026
Liabilities
Current liabilities
Notes and accounts payable - trade | 9,617,405 | 7,525,009 |
Lease liabilities | 59,582 | 56,211 |
Income taxes payable | 1,790,996 | 2,040,425 |
Provision for bonuses for directors (and other officers) | 26,000 | 26,000 |
Provision for product warranties | 125,071 | 116,706 |
Other | 2,993,834 | 5,272,529 |
Total current liabilities | 14,612,890 | 15,036,882 |
Non-current liabilities | ||
Lease liabilities | 154,999 | 141,214 |
Deferred tax liabilities | 913,396 | 1,565,789 |
Deferred tax liabilities for land revaluation | 616,302 | 634,512 |
Other | 37,787 | 35,969 |
Total non-current liabilities | 1,722,485 | 2,377,486 |
Total liabilities | 16,335,376 | 17,414,368 |
Net assets | ||
Shareholders' equity | ||
Share capital | 10,425,325 | 10,425,325 |
Capital surplus | 9,923,342 | 9,923,342 |
Retained earnings | 59,705,918 | 48,991,144 |
Treasury shares | (9,231) | (13,741) |
Total shareholders' equity | 80,045,354 | 69,326,070 |
Accumulated other comprehensive income | ||
Valuation difference on available-for-sale securities | 3,002,523 | 3,927,326 |
Revaluation reserve for land | (1,624,044) | (1,642,254) |
Foreign currency translation adjustment | 1,126,307 | 1,855,961 |
Remeasurements of defined benefit plans | 1,473,428 | 1,931,090 |
Total accumulated other comprehensive income | 3,978,215 | 6,072,124 |
Total net assets | 84,023,570 | 75,398,194 |
Total liabilities and net assets | 100,358,946 | 92,812,563 |
Consolidated Statements of Income and Comprehensive Income
Consolidated Statement of Income
For the fiscal year ended March 31, 2025
(Thousands of yen)
For the fiscal year ended March 31, 2026
Net sales 59,306,955 59,613,734
Cost of sales 46,253,116 46,433,671
Gross profit 13,053,839 13,180,063
Selling, general and administrative expenses
Packing and delivery expenses 673,292 702,814
Advertising expenses 68,069 76,085
Sales commission 17,514 16,188
Remuneration for directors (and other officers) 65,826 61,137
Salaries, allowances and bonuses 2,172,814 2,121,399
Provision for bonuses for directors (and other officers) 22,216 29,038
Retirement benefit expenses 60,963 46,437
Welfare expenses 469,569 448,561
Communication and transportation expenses 249,426 250,331
Depreciation 299,153 282,141
Repair expenses 72,510 79,001
Rent expenses 147,793 205,917
Research and development expenses 345,930 351,242
Other 948,546 997,929
Total selling, general and administrative expenses 5,613,628 5,668,224
Operating profit 7,440,210 7,511,838
Non-operating income
Interest income 61,429 122,560
Dividend income 183,896 171,964
Foreign exchange gains 34,259 -
Share of profit of entities accounted for using equity method
469,497
362,478
Miscellaneous income 37,136 43,406
Total non-operating income 786,219 700,410
Foreign exchange losses - 39,018
Non-operating expenses
Total non-operating expenses 769 39,541
Miscellaneous losses 769 522
Ordinary profit 8,225,659 8,172,707
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