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.
November 7, 2025
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 file quarterly securities report: November 13, 2025
Scheduled date to commence dividend payments: December 4, 2025 Preparation of supplementary material on quarterly financial results: Yes
Holding of quarterly financial results briefing: Yes(for institutional investors and securities analysts)
(Yen amounts are rounded down to millions, unless otherwise noted.)
-
Consolidated financial results for the first six months ended September 30, 2025 (from April 1, 2025 to September 30, 2025)
-
Consolidated operating results (cumulative) (Percentages indicate year-on-year changes.)
Net sales
Operating profit
Ordinary profit
Profit attributable to owners of parent
Six months ended
Millions of yen
%
Millions of yen
%
Millions of yen
%
Millions of yen
%
September 30, 2025
245,426
111.3
8,098
1.6
9,588
51.2
6,108
38.0
September 30, 2024
116,173
(7.0)
7,969
23.2
6,340
(42.5)
4,426
(39.5)
(Note) Comprehensive income
For the first six months ended September 30, 2025
4,545 million yen
[(24.7)%]
For the first six months ended September 30, 2024
6,037 million yen
[(40.6)%]
Basic earnings per share
Diluted earnings per share
Six months ended
Yen
Yen
September 30, 2025
120.03
111.863
September 30, 2024
85.50
-
- Consolidated financial position
Total assets
Net assets
Equity-to-asset ratio
As of
Millions of yen
Millions of yen
%
September 30, 2025
212,990
142,843
67.1
March 31, 2025
200,279
140,317
70.1
(Reference) Equity
As of September 30, 2025 142,843 million yen
As of March 31, 2025 140,317 million yen
-
Consolidated operating results (cumulative) (Percentages indicate year-on-year changes.)
-
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
-
25.00
Fiscal year ending March 31, 2026 (Forecast)
-
25.00
50.00
(Note) Revision of cash dividend forecast most recently announced: None
The Fiscal year-end dividend forecast is calculated based on full-year results with a dividend payout ratio of 30%, so the Company is not currently considering any revisions to the Company's earnings forecasts and are maintaining the forecast disclosed at the beginning of the fiscal year.
- 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 | |||||
Full year | Millions of yen | % | Millions of yen | % | Millions of yen | % | Millions of yen | % | Yen |
440,000 | 77.7 | 16,000 | 17.9 | 18,000 | 21.8 | 12,000 | 19.6 | 235.79 | |
(Note) Revision of financial results forecast most recently announced: Yes
Financial results forecasts are based on the assumption of a foreign exchange rate of 150 yen per U.S. dollar revised from the previous rate of 145 yen per U.S. dollar.
NotesSignificant changes in the scope of consolidation during the period: None Newly included: - companies (Company name)
Excluded: - companies (Company name)
Application of specific accounting for preparing quarterly consolidated financial statements: 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 September 30, 2025
60,164,784 shares
As of March 31, 2025
60,164,784 shares
Number of treasury shares at the end of the period
As of September 30, 2025
9,269,404 shares
As of March 31, 2025
9,277,041 shares
Average number of shares outstanding during the period (cumulative from the beginning of the fiscal year)
Six months ended September 30, 2025 | 50,891,574 shares |
Six months ended September 30, 2024 | 51,766,740 shares |
Notes: 1. Quarterly financial results reports are exempt from quarterly review conducted by certified public accountants or an audit corporation.
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.
(Means of access to supplementary material on financial results)
The supplementary material on financial results will be available on the Company's website.
2. Quarterly consolidated financial statements and significant notes thereto-
Quarterly consolidated balance sheets
(Millions of yen)
As of March 31, 2025
As of September 30, 2025
Assets
Current assets
Cash and deposits
59,564
58,035
Notes and accounts receivable - trade, and contract
assets
33,142
60,846
Securities
-
695
Merchandise and finished goods
8,220
7,123
Work in process
3,207
2,886
Raw materials and supplies
61,897
49,381
Other
5,667
5,178
Allowance for doubtful accounts
(182)
(186)
Total current assets
171,516
183,961
Non-current assets
Property, plant and equipment
19,602
19,622
Intangible assets
508
446
Investments and other assets
Investment securities
7,228
7,469
Retirement benefit asset
-
145
Other
1,678
1,601
Allowance for doubtful accounts
(254)
(254)
Total investments and other assets
8,652
8,961
Total non-current assets
28,763
29,029
Total assets
200,279
212,990
(Millions of yen)
As of March 31, 2025
As of September 30, 2025
Liabilities
Current liabilities
Accounts Payable
34,092
44,056
Electronically recorded obligations
1,546
1,786
Short-term borrowings
1,050
-
Income taxes payable
2,127
2,983
Provision for loss on liquidation of affiliates
-
752
Other
6,421
5,424
Total current liabilities
45,236
55,005
Non-current liabilities
Bonds with share acquisition rights
10,190
10,176
Retirement benefit liability
1,497
1,457
Other
3,037
3,508
Total non-current liabilities
14,725
15,142
Total liabilities
59,962
70,147
Net assets
Shareholders' equity
Share capital
13,660
13,660
Capital surplus
19,596
19,603
Retained earnings
112,257
116,330
Treasury shares
(12,393)
(12,383)
Total shareholders' equity
133,120
137,210
Accumulated other comprehensive income
Valuation difference on available-for-sale securities
3,464
4,062
Foreign currency translation adjustment
2,922
922
Remeasurements of defined benefit plans
809
648
Total accumulated other comprehensive income
7,196
5,633
Total net assets
140,317
142,843
Total liabilities and net assets
200,279
212,990
-
Quarterly consolidated statements of income and quarterly consolidated statements of comprehensive income
Quarterly consolidated statements of income
Quarterly consolidated statements of comprehensive income
(Millions of yen)
Six months ended September 30, 2024
Six months ended September 30, 2025
Net sales
116,173
245,426
Cost of sales
103,608
232,552
Gross profit
12,565
12,874
Selling, general and administrative expenses
4,595
4,775
Operating profit
7,969
8,098
Non-operating income
Interest income
479
412
Dividend income
84
98
Foreign exchange gains
-
929
Other
82
77
Total non-operating income
646
1,517
Non-operating expenses
Interest expenses
17
20
Foreign exchange losses
2,253
-
Other
4
7
Total non-operating expenses
2,276
28
Ordinary profit
6,340
9,588
Extraordinary income
Gain on sale of non-current assets
3
5
Total extraordinary income
3
5
Extraordinary losses
Loss on sale and retirement of non-current assets
1
9
Provision for loss on liquidation of affiliates
-
768
Other
0
-
Total extraordinary losses
2
778
Profit before income taxes
6,342
8,814
Income taxes - current
1,604
2,658
Income taxes - deferred
311
47
Total income taxes
1,915
2,706
Profit
4,426
6,108
Profit attributable to non-controlling interests
-
-
Profit attributable to owners of parent
4,426
6,108
(Millions of yen)
Six months ended September 30, 2024
Six months ended September 30, 2025
Profit
4,426
6,108
Other comprehensive income
Valuation difference on available-for-sale securities
(187)
597
Foreign currency translation adjustment
1,907
(1,999)
Remeasurements of defined benefit plans, net of tax
(109)
(161)
Total other comprehensive income
1,610
(1,563)
Comprehensive income
6,037
4,545
Comprehensive income attributable to
Comprehensive income attributable to owners of parent
6,037
4,545
Comprehensive income attributable to non-controlling
interests
-
-
-
Quarterly consolidated statements of cash flows
(Millions of yen)
Six months ended September 30, 2024
Six months ended September 30, 2025
Cash flows from operating activities
Profit before income taxes
6,342
8,814
Depreciation
1,430
2,199
Increase (decrease) in loss on liquidation of affiliates
-
768
Decrease (increase) in trade receivables
(2,746)
(28,015)
Decrease (increase) in inventories
(7,638)
13,450
Decrease (increase) in operating accounts receivable
280
436
Increase (decrease) in trade payables
5,136
10,629
Other, net
(1,706)
(1,562)
Subtotal
1,097
6,722
Interest and dividends received
527
506
Interest paid
(17)
(19)
Income taxes paid
(3,308)
(1,615)
Net cash provided by (used in) operating activities
(1,700)
5,594
Cash flows from investing activities
Payments into time deposits
(8,905)
(11,538)
Proceeds from withdrawal of time deposits
7,338
9,228
Proceeds from withdrawal of long-term deposits
-
3,500
Purchase of property, plant and equipment
(2,411)
(3,023)
Other, net
(33)
(148)
Net cash provided by (used in) investing activities
(4,011)
(1,981)
Cash flows from financing activities
Net increase (decrease) in short-term borrowings
-
(1,050)
Redemption of bonds with share acquisition rights
(9,085)
-
Purchase of treasury shares
(0)
(0)
Dividends paid
(2,274)
(2,035)
Other, net
(57)
(38)
Net cash provided by (used in) financing activities
(11,417)
(3,124)
Effect of exchange rate change on cash and cash
equivalents
555
(705)
Net increase (decrease) in cash and cash equivalents
(16,573)
(216)
Cash and cash equivalents at beginning of period
76,662
46,769
Cash and cash equivalents at end of period
60,088
46,552
- Notes to quarterly consolidated financial statements Notes on going concern assumption
None applicable.
Notes on significant changes in the amount of shareholders' equityNone applicable
Notes on additional informationThe Company has resolved to liquidate its consolidated subsidiary, China Hosiden Co., Ltd.
Reason for Liquidation of a Consolidated Subsidiary.
The Company is working to further strengthen its global structure by optimizing production sites and diversifying the supply chain.
Under this policy, the Company has enhanced the Company's investments in the Southeast Asia region, which has advantages in both production and logistics. With the progress of this structural transition, part of the production functions of the Company's China sites has already been transferred to Southeast Asia, and moving forward, the Company will gradually reorganize the Company's production system in China from the perspective of improving overall business efficiency across the group. As a part of this initiative, the Company has decided to liquidate China Hosiden Co., Ltd..
Overview of the Subsidiary to be Liquidated
(1) Name
China Hosiden Co., Ltd.
(2) Address
Hongda Industrial Area, Qiaotou Town, Dongguan City, Guangdong, P.R.China
(3) Name and title of Representative
Isao Fuji, Chairman
(4) Business description
Manufacturing Electro-mechanical components
(5) Share capital
HK$ 361,550 thousand
(6) Date of establishment
Contract manufacturing factory established was established in May, 1988.
China Hosiden Co., Ltd. was established in February 2012.
(7) Major shareholder and shareholding ratio
Hong Kong Hosiden Ltd. 100%
Schedule for Liquidation
Operations are scheduled to end around March 2026, and liquidation is expected to be completed once the necessary procedures are completed in accordance with local laws and regulations.
Impact on Profit and Loss
In connection with this matter, during the first six months of the fiscal year ending March 31, 2026 (from April 2025 to September 2025), the scheduled payments related to the liquidation, such as economic compensation to employees, have been recorded as a special loss under "Provision for Loss on Liquidation of Affiliates" totaling 768 million yen.
Segment information, etc.Segment information
The first six months ended September 30, 2024 (from April 1, 2024 to September 30, 2024)
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
97,226
10,851
8,095
116,173
-
116,173
Inter-segment sales and transfers
-
-
-
-
-
-
Total
97,226
10,851
8,095
116,173
-
116,173
Segment profit
5,787
1,405
776
7,969
-
7,969
Note: The total amount of segment profit is equal to the operating profit in the quarterly consolidated statements of income
The first six months ended September 30, 2025 (from April 1, 2025 to September 30, 2025)
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
227,402
10,261
7,762
245,426
-
245,426
Inter-segment sales and transfers
-
-
-
-
-
-
Total
227,402
10,261
7,76
245,426
-
245,426
Segment profit
6,423
1,084
591
8,098
-
8,098
Note: The total amount of segment profit is equal to the operating profit in the quarterly consolidated statements of income.
Changes in reporting segments
Due to a partial change in the performance management classifications of the Company's group, starting from the first quarter of the consolidated accounting period, the reporting segments of the Company's group now include the previously separate "the display components" under "the applied equipment and other". The Company revised the segment classification of some product in line with this change. Furthermore, the segment information for the previous second quarter consolidated cumulative period has been presented based on the revised classification method.
Significant subsequent events Acquisition and cancellation of treasury sharesThe Company hereby announces that it has resolved, at a meeting of the Board of Directors held on November 7, 2025, the matters concerning the acquisition of treasury shares pursuant to the provisions of Article 156 of the Companies Act, as applied by replacing the relevant terms pursuant to the provisions of Article 165, paragraph (3) of the same Act as well as the matters concerning the cancellation of treasury shares pursuant to the provisions of Article 178 of the Companies Act. The details are described below.
Reason for acquisition and cancellation of treasury shares
The Company will acquire and cancel treasury shares for execution of flexible capital policies in response to changes in the management environment as well as enhancing shareholder returns and capital efficiency.
Details of matters related to acquisition of treasury shares
Class of shares to be acquired: Common shares of the Company
Total number of shares to be acquired: 2.0 million shares (maximum)
(3.93% of total number of issued shares (excluding treasury shares))
Total amount of share acquisition costs: 4.2 billion yen (maximum)
Acquisition period: From November 10, 2025 to January 30, 2026
Method of acquisition: Market purchase on the Tokyo Stock Exchange
①Market purchase on the auction market
②Repurchase of own shares through ToSTNeT-3
Details of matters related to cancellation of treasury shares
Class of shares to be canceled: Common shares of the Company
Total number of shares to be canceled: The total number of treasury shares to be acquired in 2. above.
Scheduled date of cancelation: February 27, 2026