Kaga Electronics Co., Ltd. TSE:8154
Kaga Electronics : FY2026/March Q1 (April-June) Earnings Presentation (1,968KB)
Source: MarketScreener
FY2026/March Q1 (April-June) Earnings Presentation KAGA ELECTRONICS CO., LTD.
2023 - 2024
2021 - 2024
TSE Prime Market 8154 August 7, 2025
Summary of Financial Results for FY2026/3 Q1
Results for FY2026/3 Q1
(billion yen) Net Sales Operating income Net income
Q1 Results
YoY +9.4 +0.9 +0.4
The first year of the new Medium-Term Management Plan got off to a good start with a year-on-year increase in net sales and in all types of income.
Net sales: electronic components (EMS business), information equipment (PC sales) and others (sales of amusement equipment) businesses all enjoyed strong performance and drove net sales growth.
Operating income/net income: increase in gross profit resulting from higher net sales and improved income margin, combined with control of SG&A expenses, led to an income increase.
FY2026/3
earnings forecast
(billion yen) Net Sales Operating income Net income
Revised forecasts
574.0 24.0 24.2vs. previous forecasts +44.0 +1.0 +7.7
As the result of Kyoei Sangyo becoming a consolidated subsidiary through a tender offer, the full-year earnings forecast has been revised upward from the previous forecast (announced on May 14), to include the said company's outlook for Q2 and beyond. Reversing the previous forecast, increases are now projected for both net sales and income.
Shareholder Return
Net income incorporates 7.2 billion yen in gain on bargain purchase associated with the acquisition.
Acquisition and cancellation of treasury shares for up to 15 billion yen in total acquisition value or
4.92 million shares (9.4% of the total number of issued shares) (announced on Aug 7)In light of the earnings revision, the annual dividend has been revised upward by 10 yen to 120 yen per share (up 10 yen from the previous fiscal year) (announced on Aug 7)
*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 Q1
Q1Results
（million yen） | FY2025/3 | Composition Ratio | FY2026/3 | Composition Ratio | YoY | |
Net Sales | 128,638 | 100.0% | 138,086 | 100.0% | 7.3% | |
Gross Profit | 16,980 | 13.2% | 18,440 | 13.4% | 8.6% | |
SG&A | 11,430 | 8.9% | 11,956 | 8.7% | 4.6% | |
Operating income | 5,550 | 4.3% | 6,484 | 4.7% | 16.8% | |
Ordinary income | 6,045 | 4.7% | 6,242 | 4.5% | 3.3% | |
Profit attibutable to owners of parent | 4,127 | 3.2% | 4,614 | 3.3% | 11.8% | |
EPS（yen） | 78.56 | ー | 87.80 ー | ー | ||
Exchange rate | yen / US$ | 155.88 | ー | 144.59 | ー | ー |
（April-June）
Forecasts
（Announced on May 14, 2025）
FY2026/3 Composition
Ratio
Progress rate
530,000 | 100.0% | 26.1% |
ー | ー | ー |
ー | ー | ー |
23,000 | 4.3% | 28.2% |
23,000 | 4.3% | 27.1% |
16,500 | 3.1% | 28.0% |
313.95 | ー | ー |
140.00 | ー | ー |
Note: 1. The effect of exchange rates on the conversion into yen is approximately -3,126 million yen on net sales and -66 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 by Business Segment for FY2026/3 Q1
Q1Results
（million yen） | FY2025/3 | profit margin | FY2026/3 | profit margin | YoY | ||
Electronic Component | Net sales | 111,320 | 116,456 | 4.6% | |||
Segment | income | 4,331 | 3.9% | 4,227 | 3.6% | -2.4% | |
Information Equipment | Net sales | 10,606 | 12,116 | 14.2% | |||
Segment | income | 639 | 6.0% | 821 | 6.8% | 28.5% | |
Software | Net sales | 631 | 591 | -6.3% | |||
Segment | income | 35 | 5.6% | -42 | -7.2% | ー | |
Others | Net sales | 6,079 | 8,921 | 46.8% | |||
Segment | income | 461 | 7.6% | 1,362 | 15.3% | 195.3% | |
Total | Net sales | 128,638 | 138,086 | 7.3% | |||
Segment | income | 5,550 | 4.3% | 6,484 | 4.7% | 16.8% | |
（April-June）
Forecasts
（Announced on May 14, 2025）
FY2026/3 profit Progress rate margin | |||||
457,000 | 25.5% | ||||
16,500 | 3.6% | 25.6% | |||
45,000 | 26.9% | ||||
3,500 | 7.8% | 23.5% | |||
3,000 | 19.7% | ||||
500 | 16.7% | ー | |||
25,000 | 35.7% | ||||
2,500 | 10.0% | 54.5% | |||
530,000 | 26.1% | ||||
23,000 | 4.3% | 28.2% | |||
Note: Figures of each segment income are not inter-segment adjusted. | |||||
Total amount is inter-segment adjusted (operating income).
Results by Company for FY2026/3 Q1
Q1Results
（April-June）
（million yen） | FY2025/3 | Composition Ratio | FY2026/3 | Composition Ratio | YoY | |
Kaga Electronics | Net sales | 73,621 | 100.0% | 82,631 | 100.0% | 12.2% |
Gross Profit | 11,595 | 15.8% | 13,294 | 16.1% | 14.7% | |
Operating income | 4,423 | 6.0% | 5,799 | 7.0% | 31.1% | |
Kaga FEI | Net sales | 48,663 | 100.0% | 48,835 | 100.0% | 0.4% |
Gross Profit | 4,616 | 9.5% | 4,327 | 8.9% | -6.3% | |
Operating income | 831 | 1.7% | 366 | 0.8% | -55.9% | |
Excel | Net sales | 6,352 | 100.0% | 6,620 | 100.0% | 4.2% |
Gross Profit | 785 | 12.4% | 813 | 12.3% | 3.6% | |
Operating income | 268 | 4.2% | 278 | 4.2% | 3.5% | |
Total | Net sales | 128,638 | 100.0% | 138,086 | 100.0% | 7.3% |
Gross Profit | 16,980 | 13.2% | 18,440 | 13.4% | 8.6% | |
Operating income | 5,550 | 4.3% | 6,484 | 4.7% | 16.8% |
Note: 1. With respect to gross profit and operating income, figures presented above are before consolidation adjustments between the three companies.