Kaga Electronics Co., Ltd. TSE:8154

Kaga Electronics : FY2026/March H1 (April-September) Earnings Presentation (2,379KB)

Published

Source: MarketScreener



FY2026/March H1 (April-September) Earnings Presentation KAGA ELECTRONICS CO., LTD.

2023 - 2025

2021 - 2025



TSE Prime Market 8154 November 6, 2025




INDEX

  • FY2026/3 H1 P- 2～

    Summary/Financial Highlights/Results by Segment・Company

  • FY2026/3 Q2 (3 months) P- 10～

    Financial Highlights/Results by Segment・Company

  • Balance Sheet/ Cash flows P- 13～

    Summary/Balance Sheet Main Items/Cash flows

  • Forecasts for FY2026/3 P- 18～

    Forecasts/Forecasts by Segment/Shareholder Returns



  • Reference P- 22～

    Quarterly trends (Net Sales・Income by segment, Net Sales by Region）/ Results by MTMP Segment（H1, Q2）/

    Latest 5 years Financial Trends/Exchange Rate/FOREX Sensitivity



    Summary of Financial Results for FY2026/3 H1

    (billion yen)

    Net Sales

    Operating income

    Net income

    H1 Results

    288.9

    13.0

    15.0

    YoY

    +29.8

    +1.5

    +7.0

    Results for FY2026/3 H1

    （April - September）

  • All items, from net sales to net income, increased year on year. The upward momentum continues.

  • Net sales : Electronic components (EMS business), information equipment (PC and software product sales), and others (amusement equipment sales) business all maintained robust performance, contributing to a year-on-year increase in net sales. In addition, Kyoei Sangyo was consolidated from Q2 (Jul.-Sep.).

  • Operating income : The increase in gross profit, attributable to higher net sales and improved income margin, exceeded the increase in SG&A expenses that resulted from increased sales and corporate acquisition, leading to a year-on-year increase in operating income

    FY2026/3

    earnings forecast

  • While corporate acquisition contributed to revenue growth, increase in both net sales and income were achieved even excluding the impact of the acquisition.

    (billion yen)

    Net Sales

    Operating income

    Net income

    Revised forecasts

    595.0

    25.5

    26.0

    vs. previous forecasts

    +21.0

    +1.5

    +1.8

    YoY

    +47.2

    +1.8

    +8.9

  • In light of solid performance progress made through H1, an upward forecast revision was made for the second time this fiscal year, across all levels from net sales to net income.

  • Net income incorporates 7.2 billion yen in gain on bargain purchase associated with the acquisition.

    Shareholder Return

  • Maintaining the previous forecast of 120 yen per share in annual dividend, consisting of an interim and year-end dividend of 60 yen each (a 10 yen increase from the previous fiscal year)

*A two-for-one stock split was executed in October 2024. Up 10 yen from the previous fiscal year is calculated after adjustment for the stock split.



Financial Highlights for FY2026/3 H1

H1 Results

（April - September）

Forecasts

（Announced on August 7, 2025）

（million yen）

FY2025/3

Composition Ratio

FY2026/3

Composition Ratio

YoY

Net Sales

259,064

100.0%

288,959

100.0%

11.5%

Gross Profit

34,133

13.2%

39,544

13.7%

15.9%

SG&A

22,631

8.7%

26,495

9.2%

17.1%

Operating income

11,501

4.4%

13,049

4.5%

13.5%

Ordinary income

11,278

4.4%

13,443

4.7%

19.2%

Profit attibutable to

owners of parent

7,941

3.1%

15,033

5.2%

89.3%

EPS（yen）

151.15

ー

293.86

ー

ー

Exchange rate

yen / US$

152.63

ー

146.04

ー

ー

FY2026/3 Composition

Ratio

Progress rate

574,000

100.0%

50.3%

ー

ー

ー

ー

ー

ー

24,000

4.2%

54.4%

23,800

4.1%

56.5%

24,200

4.2%

62.1%

488.45

ー

ー

140.00

ー

ー

Note: 1. The effect of exchange rates on the conversion into yen is approximately -4,606 million yen on net sales and -102 million yen on operating income.

2. The Company conducted a two-for-one stock split of its common stock effective October 1, 2024.

EPS for the previous fiscal year is calculated on the assumption that the stock split was conducted at the beginning of the previous fiscal year.



Results for FY2026/3 H1 by Business Segment

H1 Results

（million yen）

FY2025/3

profit margin

FY2026/3

profit margin

YoY

Electronic Component

Net sales

225,866

247,788

9.7%

Segment

income

8,679

3.8%

8,967

3.6%

3.3%

Information Equipment

Net sales

18,633

21,571

15.8%

Segment

income

1,392

7.5%

1,616

7.5%

16.1%

Software

Net sales

1,471

1,679

14.1%

Segment

income

256

17.4%

165

9.8%

-35.6%

Others

Net sales

13,093

17,919

36.9%

Segment

income

1,094

8.4%

2,122

11.8%

94.0%

Total

Net sales

259,064

288,959

11.5%

Segment

income

11,501

4.4%

13,049

4.5%

13.5%

（April - September）

Forecasts

（Announced on August 7, 2025）

FY2026/3 profit Progress rate

margin

501,000

49.5%

17,500

3.5%

51.2%

45,000

47.9%

3,500

7.8%

46.2%

3,000

56.0%

500

16.7%

33.1%

25,000

71.7%

2,500

10.0%

84.9%

574,000

50.3%

24,000

4.2%

54.4%

Note: Figures of each segment income are not inter-segment adjusted.

Total amount is inter-segment adjusted (operating income).