Hosiden Corp.TSE: 6804

Consolidated Financial Results for the First Three Months Ended June 30, 2025（numerical）

· Issued by Hosiden Corp.

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.



August 8, 2025

Consolidated Financial Results for the First Three Months Ended June 30, 2025 (Under Japanese GAAP)

Company name: Hosiden Corporation Listing: Tokyo Stock Exchange Securities code: 6804

URL: https://www.hosiden.com/en/ Representative: Kenji Furuhashi, President and CEO

Inquiries: Tadamichi Tani, General Manager of President Office Telephone: +81-72-993-1010

Scheduled date to commence dividend payments: -Preparation of supplementary material on quarterly financial results: None Holding of quarterly financial results briefing: None

(Yen amounts are rounded down to millions, unless otherwise noted.)

  1. Consolidated financial results for the first three months ended June 30, 2025 (from April 1, 2025 to June 30, 2025)
    1. Consolidated operating results (cumulative) (Percentages indicate year-on-year changes.)

      Net sales

      Operating profit

      Ordinary profit

      Profit attributable to owners of parent

      Three months ended June 30, 2025

      June 30, 2024

      Millions of yen

      116,340

      57,876

      %

      101.0

      2.8

      Millions of yen

      2,391

      4,391

      %

      (45.5)

      69.1

      Millions of yen

      1,956

      5,389

      %

      (63.7)

      (1.3)

      Millions of yen

      1,313

      3,669

      %

      (64.2)

      0.3

      (Note) Comprehensive income

      For the first three months ended June 30, 2025

      599 million yen

      [(89.3)%]

      For the first three months ended June 30, 2024

      5,619 million yen

      [8.4%]

      Basic earnings per share

      Diluted earnings per share

      Three months ended

      Yen

      Yen

      June 30, 2025

      25.82

      24.00

      June 30, 2024

      70.99

      64.94

    2. Consolidated financial position

    Total assets

    Net assets

    Equity-to-asset ratio

    As of

    June 30, 2025

    March 31, 2025

    Millions of yen

    203,718

    200,279

    Millions of yen

    138,881

    140,317

    %

    68.2

    70.1

    (Reference) Equity

    As of June 30, 2025 138,881 million yen

    As of March 31, 2025 140,317 million yen

  2. Cash dividends

    Annual dividends per share

    First quarter-end

    Second quarter-end

    Third quarter-end

    Fiscal year-end

    Total

    Yen

    -

    -

    Yen

    Yen

    -

    Yen

    Yen

    Fiscal year ended March 31, 2025

    19.00

    40.00

    59.00

    Fiscal year ending March 31, 2026

    Fiscal year ending March 31, 2026 (Forecast)

    25.00

    -

    25.00

    50.00

    (Note) Revision of cash dividend forecast most recently announced: None

  3. Consolidated financial results forecasts for the fiscal year ending March 31, 2026 (from April 1, 2025 to March 31, 2026)

(Percentages indicate year-on-year changes.)

Net sales

Operating profit

Ordinary profit

Profit attributable to owners of parent

Basic earnings per share

Millions of

yen

%

Millions of

yen

%

Millions of

yen

%

Millions of

yen

%

Yen

Six months ending September 30, 2025

235,000

102.3

7,000

(12.2)

7,000

10.4

4,900

10.7

96.29

Full year

428,000

72.9

15,500

14.2

16,000

8.3

11,300

12.6

222.06

(Note) Revision of financial results forecast most recently announced: Yes

Financial results forecasts are based on the exchange rate at the end of the first quarter of this fiscal year, foreign exchange rate of 145 yen per U.S. dollar revised from the previous rate of 143 yen per U.S. dollar

Notes

  1. Significant changes in the scope of consolidation during the period: None Newly included: - companies (Company name)

    Excluded: - companies (Company name)

  2. Application of specific accounting for preparing quarterly consolidated financial statements: None

  3. Changes in accounting policies, changes in accounting estimates, and restatement

    1. Changes in accounting policies due to revisions to accounting standards and other regulations:

      None

    2. Changes in accounting policies due to other reasons: None

    3. Changes in accounting estimates: None

    4. Restatement: None

  4. Number of issued shares (common shares)

    1. Total number of issued shares at the end of the period (including treasury shares)

      As of June 30, 2025

      60,164,784 shares

      As of March 31, 2025

      60,164,784 shares

    2. Number of treasury shares at the end of the period

      As of June 30, 2025

      9,277,041 shares

      As of March 31, 2025

      9,277,041 shares

    3. Average number of shares outstanding during the period (cumulative from the beginning of the fiscal year)

Three months ended June 30, 2025

50,887,743 shares

Three months ended June 30, 2024

51,690,190 shares

Notes: 1. Review of the Japanese-language originals of the attached consolidated quarterly financial statements by certified public accountants or an audit firm: None.

2 Explanation on proper use of earnings forecasts, and other special matters

･The forward-looking statements about the future financial results of this document are future forecasts based on the judgment of Hosiden Corporation (the "Company") taking into account the

information currently available, and the Company does not intend to make a warranty of their achievement. These forward-looking statements contain various potential risks and uncertainties, and actual results may be materially different from the forward-looking statements due to various material factors. Therefore, the Company asks not to depend highly on these forward-looking statements.

2. Quarterly consolidated financial statements and significant notes thereto
  1. Quarterly consolidated balance sheets

    (Millions of yen)

    As of March 31, 2025 As of June 30, 2025

    Assets

    Current assets

    Cash and deposits 59,564 50,108

Notes and accounts receivable - trade, and contract

assets

33,142

54,587

Merchandise and finished goods

8,220

7,561

Work in process

3,207

3,049

Raw materials and supplies

61,897

54,631

Other

5,667

5,224

Allowance for doubtful accounts

(182)

(182)

Total current assets

171,516

174,979

Non-current assets

Property, plant and equipment

19,602

19,360

Intangible assets

508

468

Investments and other assets

Investment securities

7,228

7,478

Retirement benefit asset

-

47

Other

1,678

1,638

Allowance for doubtful accounts

(254)

(254)

Total investments and other assets

8,652

8,909

Total non-current assets

28,763

28,738

Total assets

200,279

203,718

(Millions of yen)

As of March 31, 2025 As of June 30, 2025

Liabilities

Current liabilities

Accounts Payable

34,092

40,474

Electronically recorded obligations

1,546

1,725

Short-term borrowings

1,050

1,050

Income taxes payable

2,127

842

Other

6,421

5,693

Total current liabilities

45,236

49,786

Non-current liabilities

Bonds with share acquisition rights

10,190

10,183

Retirement benefit liability

1,497

1,469

Other

3,037

3,398

Total non-current liabilities

14,725

15,050

Total liabilities

59,962

64,837

Net assets

Shareholders' equity

Share capital

13,660

13,660

Capital surplus

19,596

19,596

Retained earnings

112,257

111,535

Treasury shares

(12,393)

(12,393)

Total shareholders' equity

133,120

132,398

Accumulated other comprehensive income

Valuation difference on available-for-sale securities

3,464

3,592

Foreign currency translation adjustment

2,922

2,160

Remeasurements of defined benefit plans

809

728

Total accumulated other comprehensive income

7,196

6,482

Total net assets

140,317

138,881

Total liabilities and net assets

200,279

203,718

  1. Quarterly consolidated statements of income and quarterly consolidated statements of comprehensive income
Quarterly consolidated statements of income

(Millions of yen)

Three months ended June 30, 2024

Three months ended June 30, 2025

Net sales

57,876

116,340

Cost of sales

51,143

111,578

Gross profit

6,732

4,762

Selling, general and administrative expenses

2,340

2,370

Operating profit

4,391

2,391

Non-operating income

Interest income

230

197

Dividend income

72

82

Foreign exchange gains

687

-

Other

19

18

Total non-operating income

1,008

299

Non-operating expenses

Interest expenses

9

12

Foreign exchange losses

-

720

Other

2

0

Total non-operating expenses

11

733

Ordinary profit

5,389

1,956

Extraordinary income

Gain on sale of non-current assets

0

2

Total extraordinary income

0

2

Extraordinary losses

Loss on sale and retirement of non-current assets

0

0

Total extraordinary losses

0

0

Profit before income taxes

5,390

1,958

Income taxes - current

1,349

495

Income taxes - deferred

371

149

Total income taxes

1,720

645

Profit

3,669

1,313

Profit attributable to non-controlling interests

-

-

Profit attributable to owners of parent

3,669

1,313

Quarterly consolidated statements of comprehensive income

(Millions of yen)

Three months ended June 30, 2024

Three months ended June 30, 2025

Profit

3,669

1,313

Other comprehensive income

Valuation difference on available-for-sale securities

638

127

Foreign currency translation adjustment

1,366

(761)

Remeasurements of defined benefit plans, net of tax

(54)

(80)

Total other comprehensive income

1,950

(714)

Comprehensive income

5,619

599

Comprehensive income attributable to

Comprehensive income attributable to owners of parent

5,619

599

Comprehensive income attributable to non-controlling

interests - -

(3) Quarterly consolidated statements of cash flows

(Millions of yen)

Three months ended

Three months ended

June 30, 2024

June 30, 2025

Cash flows from operating activities

Profit before income taxes

5,390

1,958

Depreciation

681

1,058

Decrease (increase) in trade receivables

(8,416)

(21,696)

Decrease (increase) in inventories

(4,601)

7,565

Decrease (increase) in operating accounts receivable

(603)

151

Increase (decrease) in trade payables

10,841

6,985

Other, net

(39)

(124)

Subtotal

3,252

(4,101)

Interest and dividends received

266

285

Interest paid

(8)

(11)

Income taxes paid

(3,106)

(1,787)

Net cash provided by (used in) operating activities

403

(5,614)

Cash flows from investing activities

Payments into time deposits

(7,265)

(3,366)

Proceeds from withdrawal of time deposits

6,266

6,868

Proceeds from withdrawal of long-term deposits

-

3,500

Purchase of property, plant and equipment

(604)

(1,452)

Other, net

57

(73)

Net cash provided by (used in) investing activities

(1,545)

5,476

Cash flows from financing activities

Purchase of treasury shares

(0)

-

Dividends paid

(2,274)

(2,035)

Other, net

(34)

(19)

Net cash provided by (used in) financing activities

(2,308)

(2,054)

Effect of exchange rate change on cash and cash

equivalents

41

(206)

Net increase (decrease) in cash and cash equivalents

(3,408)

(2,399)

Cash and cash equivalents at beginning of period

76,662

46,769

Cash and cash equivalents at end of period

73,253

44,369

  1. Notes to quarterly consolidated financial statements Notes on going concern assumption

    None applicable.

    Notes on significant changes in the amount of shareholders' equity

    None applicable

    Segment information, etc.

    Segment information

    1. The first three months ended June 30, 2024 (from April 1, 2024 to June 30, 2024)

      1. Net sales, and profit by reportable segment

        (Millions of yen)

        Reportable segments

        Adjustments

        Amounts in quarterly consolidated statements of income

        Electro-mechanical components

        Acoustic components

        Applied equipment and other

        Total

        Net sales

        Sales to unaffiliated customers

        48,955

        5,382

        3,538

        57,876

        -

        57,876

        Inter-segment sales and transfers

        -

        -

        -

        -

        -

        -

        Total

        48,955

        5,382

        3,538

        57,876

        -

        57,876

        Segment profit (loss)

        3,452

        532

        406

        4,391

        -

        4,391

        Note: The total amount of segment profit is equal to the operating profit in the quarterly consolidated statements of income

    2. The first three months ended June 30, 2025 (from April 1, 2025 to June 30, 2025)

      1. Net sales, and profit by reportable segment

        (Millions of yen)

        Reportable segments

        Adjustments

        Amounts in quarterly consolidated statements of income

        Electro-mechanical components

        Acoustic components

        Applied equipment and other

        Total

        Net sales

        Sales to unaffiliated customers

        107,487

        5,038

        3,814

        116,340

        -

        116,340

        Inter-segment sales and transfers

        -

        -

        -

        -

        -

        -

        Total

        107,487

        5,038

        3,814

        116,340

        -

        116,340

        Segment profit (loss)

        1,388

        733

        269

        2,391

        -

        2,391

        Note: The total amount of segment profit is equal to the operating profit in the quarterly consolidated statements of income.

      2. Changes in reporting segments

Due to a partial change in the performance management classifications of our group, starting from the first quarter of the consolidated accounting period, the reporting segments of our group now include the previously separate "the display components" under "the applied equipment and other". Furthermore, the segment information for the previous first quarter consolidated cumulative period has been presented based on the revised classification method.