Summary Financial Statements (Consolidated)
for 1st Quarter of Fiscal Year 2025 (Year Ending March 31, 2026) (Japan GAAP)
July 25, 2025
Company name: Amano Corporation Listed on: TSE Securities code: 6436 URL https://www.amano.co.jp/en/ Representative: Manabu Yamazaki, President & Representative Director
Inquiries: Kiyotaka Muroi, Operating Officer
General Manager, Corporate Planning
Scheduled date for start of dividend payments: ―
Supplementary explanation materials prepared for quarterly financial results: None Briefing held on quarterly financial results: None
Phone: +81 (45) 439-1591
(Amounts less than 1 million yen are rounded down)
Business results for 1st quarter of fiscal year 2025 (April 1, 2025 to June 30, 2025)
Operating results
(Percentages represent year-on-year changes)
Net sales
Operating profit
Ordinary profit
Net income attributable to owners of the parent
company
1Q of FY 2025 (year ending March 2026)
1Q of FY 2024 (year ended March 2025)
Millions of yen
%
Millions of yen
%
Millions of yen
%
Millions of yen
%
39,056
39,032
0.1
22.6
2,741
3,232
(15.2)
13.6
3,030
3,642
(16.8)
15.6
1,351
1,600
(15.5)
2.7
Note: Comprehensive income 1st quarter of FY 2025 (year ending March 2026): ¥-628 million (―%)
1st quarter of FY 2024 (year ended March 2025): ¥4,395 million (52.3%)
Net income per share
Diluted net income per share
Yen
Yen
1Q of FY 2025 (year ending March 2026)
19.04
-
1Q of FY 2024 (year ended March 2025)
22.37
-
Financial position
Total assets
Net assets
Equity ratio
Net assets per share
Millions of yen
Millions of yen
%
Yen
1Q of FY 2025 (as of June 30, 2025)
178,874
124,402
69.3
1,752.08
FY 2024 (as of March 31, 2025)
194,338
136,563
69.9
1,906.85
Reference: Equity capital 1st quarter of FY 2025 (as of June 30, 2025): ¥123,932 million
FY 2024 (as of March 31, 2025): ¥135,929 million
Dividends
Annual dividends
1st quarter-end
2nd quarter-end
3rd quarter-end
Year-end
Total
FY 2024 (year ended March 2025)
FY 2025 (year ending March 2026)
Yen
Yen
Yen
Yen
Yen
-
-
50.00
-
125.00
175.00
FY 2025 (year ending March 2026) (est.)
55.00
-
125.00
180.00
Note: Revisions to most recently released dividend forecast: None
Forecast earnings for fiscal year 2025 (April 1, 2025 to March 31, 2026)
(Percentages represent year-on-year changes)
Net sales
Operating profit
Ordinary
profit
Net income attributable
to owners of the parent company
Net income per share
Millions of yen
%
Millions of yen
%
Millions of yen
%
Millions of yen
%
Yen
First half
85,800
1.9
10,300
4.1
10,900
3.5
7,200
0.5
102.29
Full year
180,000
2.6
24,500
6.3
26,000
5.5
18,000
1.0
255.72
Note: Revisions to most recently released earnings forecast: None
Notes:
Significant changes in the scope of consolidation during the current quarter
Application of accounting procedures specific to the preparation of the consolidated quarterly financial statement
: None
: Yes
Note: For details, please refer to "2. Consolidated Quarterly Financial Statements and Primary Explanatory Notes
(4) Notes on Quarterly Consolidated Financial Statements (Notes on Accounting Procedures Specific to the Preparation of the Consolidated Quarterly Financial Statements) on page 13 of the attached document.
Changes to accounting policy, changes to accounting forecasts, and restatements
Changes arising from revision of accounting standards : None
Changes to accounting policy other than those in [1] above : None
Changes to accounting forecasts : None
Restatements : None
As of 1Q ended June 30, 2025
76,657,829
shares
As of March 31, 2025
76,657,829
shares
As of 1Q ended June 30, 2025
5,923,470
Shares
As of March 31, 2025
5,373,192
shares
As of 1Q ended June 30, 2025
70,991,656
shares
As of 1Q ended June 30, 2024
71,547,902
shares
Number of shares issued and outstanding (common stock)
Number of shares issued and outstanding at the end of the period (including treasury stock)
Number of shares of treasury stock at the end of the period
Average number of shares outstanding (over the fiscal year under review up to June 30, 2025)
Note: The number of shares of treasury stock as of June 30, 2025, includes the Company's shares held by the Director's Compensation BIP Trust and the Employee Stock Ownership Plan (J-ESOP).
(715,848 shares as of June 30, 2025 and 721,481 shares as of March 31, 2025 respectively)
In addition, these Company's shares are included in the treasury stock which is deducted in calculating the average number of shares outstanding.
Note: Review of the Japanese originals of the attached consolidated quarterly financial statements by certified public accountants or an audit firm
: None
Note: Explanation concerning appropriate use of the earnings forecast, and other matters to note Caution regarding forward-looking statements
Earnings forecasts and other forward-looking statements contained in this document are based on information available at the time of preparing this document and on certain assumptions that are deemed to be reasonable. A variety of factors could cause actual results to differ significantly from the forecasts. For information on the earnings forecasts, please refer to "1. Summary of Business Results (3) Explanation of Forward-looking Information, including the Outlook for Consolidated Operating Results" on page 6 of the attached document.
Impact of acquiring treasury stock
On April 24, 2025, the Board of Directors Meeting approved a resolution to repurchase our own shares pursuant to Article 156 of the Companies Act, which is applicable in lieu of Article 165, Paragraph 3 of this act. As a result, the "Net income per share" in the above article 3, "Forecast earnings for fiscal year 2025" is described taking into consideration the impact of this treasury stock acquisition.
Table of Contents for Attachment
Summary of Business Results 2
Summary of Business Results for the Current Quarter 2
Summary of Financial Condition for the Current Quarter 5
Explanation of Forward-looking Information, Including Outlook for Consolidated Operating Results 6
Consolidated Quarterly Financial Statements and Primary Explanatory Notes 7
Consolidated Quarterly Balance Sheets 7
Consolidated Quarterly Statements of Income and Consolidated Quarterly Statements of Comprehensive Income 9
Consolidated Quarterly Statements of Cash Flows 11
Notes on Quarterly Consolidated Financial Statements 13
Notes on Premises of a Going Concern 13
Notes on Significant Changes in Shareholders' Equity 13
Notes on Accounting Procedures Specific to the Preparation of the Consolidated Quarterly Financial Statements 13
Additional information 13
Notes on Segment Information 14
Notes on Significant Subsequent Events 14
1. Summary of Business Results
Summary of Business Results for the Current Quarter
During the first current quarter period, the Japanese economy is considered to continue its moderate recovery trend, supported by capital expenditures by companies to save labor and manpower. On the other hand, growing uncertainties about future economic conditions are emerging due to impacts from changes in U.S. trade policies, concerns about overseas economic downturns, and increasing geopolitical risks.
Under this business environment, in our 9th Medium-term Business Plan that started in April 2023, we, the Amano Group have set forth the management concept of "The 4th Stage Towards a 100-year Company-Initiatives for a Paradigm Shift Leading to Sustainable Management" in which we have promoted DX (digital transformation) in each business field and have executed strategic investments in software-based assets, IoT, AI, etc., and further enhance our competitive advantage in terms of profitability. Furthermore, we have proactively worked to solve social issues.
During the first quarter under review, net sales were ¥39,056 million (up 0.1% year-on-year), operating profit was ¥2,741 million (down 15.2% yoy), ordinary profit was ¥3,030 million (down 16.8% yoy), and net income attributable to owners of the parent company was ¥1,351 million (down 15.5% yoy).
(Main factors behind the business results)
At non-consolidated Amano, Information Systems sales continued to grow due to strong software investments from various companies, Environmental Systems sales increased due to strong sales of large-scale systems, and Clean Systems sales continued to increase due to favorable performance of cleaning robots. On the other hand, Parking Systems sales decreased due to a backlash reduction from the special demand for new banknotes in the previous fiscal year.
In domestic group companies, the parking management contract services business and the cloud service business for T&A sales grew. The digital time stamp business continued to grow.
In overseas markets, Parking Systems sales increased in North America and became profitable due to the effect of new products. In Europe, Information Systems sales in France were flat due to impacts of foreign exchange rates, etc. In Asia, Parking Systems sales grew in Hong Kong, but Parking Systems in South Korea got off to a sluggish start due to political turmoil since the end of last year and a macro economic slump.
The following are business results by segment:
Business results by segment (Millions of yen)
Category
1Q of FY 2024
(year ended March 2025)
1Q of FY 2025
(year ending March 2026)
Change
Amount
Ratio (%)
Amount
Ratio (%)
Amount
%
Time Information System business:
Information Systems
8,376
21.4
8,840
22.6
464
5.5
Time Management Products
579
1.5
534
1.4
(44)
(7.7)
Parking Systems
21,572
55.3
21,153
54.2
(419)
(1.9)
Subtotal
30,528
78.2
30,528
78.2
(0)
(0.0)
Environment System business:
Environmental Systems
5,117
13.1
5,185
13.2
68
1.3
Clean Systems
3,386
8.7
3,341
8.6
(44)
(1.3)
Subtotal
8,503
21.8
8,527
21.8
23
0.3
Total
39,032
100.0
39,056
100.0
23
0.1
Time Information System business
Information Systems: Time & Attendance (T&A), Human Resources (HR) systems,
Payroll information systems, access control, and digital time stamps
Time Management Products: PC-linked time recorders, online time recorders, and time stamps
Parking Systems: Parking lot management systems, bicycle parking lot management
systems, and parking management contract services
The sales in this business totaled ¥30,528 million, remaining flat year-on-year. The following is a breakdown of sales by business division.
Information Systems ¥8,840 million, (up 5.5% year-on-year)
In Japan, Amano's non-consolidated sales increased due to an increase in software, although sales of hardware and maintenance and supply decreased. The cloud service business deployed by Amano Business Solutions Corporation was up.
Overseas, sales in North America increased, sales in Europe were flat, and overall sales increased.
Time Management Products ¥534 million, (down 7.7% year-on-year)
In Japan, both standard time recorders and PC-linked time recorders sales decreased, resulting in an overall sales decreased.
Overseas sales decreased.
Parking Systems ¥21,153 million, (down 1.9% year-on-year)
In Japan, non-consolidated Amano sales were down due to decreases in both system equipment and maintenance and supply, while sales increased at Amano Management Service Corporation, which is engaged in the parking management contract services business.
Overseas, sales in both North America and Asia increased, and overall sales also increased.
Environment System business
Environmental Systems: Standard dust collection systems, mist collectors, large dust collection systems, pneumatic conveyors, and deodorizing equipment
Clean Systems: Industrial vacuum cleaners, automatic floor scrubbers, cleaning robots, wooden floor polishers, consigned janitorial management services, and electrolyzed water generators
The sales in this business totaled ¥8,527 million, up by ¥23 million (0.3%) year-on-year. The following is a breakdown of sales by business division.
Environmental Systems ¥5,185 million, (up 1.3% year-on-year)
In Japan, non-consolidated Amano sales increased due to higher sales in large-scale systems, sales of standard equipment were flat.
Overseas, sales in North America and Asia were down, and overall sales also decreased.
Clean Systems ¥3,341 million, (down 1.3% year-on-year)
In Japan, non-consolidated Amano sales increased due to an increase in cleaning robots. Overseas, sales in North America decreased, and overall sales also decreased.