SEIRYO ELECTRIC (4341) FY2026 Q3 Earnings Report

Financial Highlights

Item	Current	Prior	YoY %
Net Sales	¥13.11B	¥12.32B	+6.5%
Cost of Sales	¥9.19B	¥8.96B	+2.6%
Gross Profit	¥3.92B	¥3.35B	+16.9%
SG&A Expenses	¥3.73B	¥3.58B	+4.2%
Operating Income	¥187M	−¥231M	+181.0%
Non-operating Income	¥26M	¥11M	+136.4%
Non-operating Expenses	¥5M	¥8M	−37.5%
Ordinary Income	¥207M	−¥228M	+190.8%
Profit Before Tax	¥274M	−¥284M	+196.5%
Income Tax Expense	¥110M	¥55M	+100.0%
Net Income	¥163M	−¥339M	+148.1%
Net Income Attributable to Owners	¥163M	−¥339M	+148.1%
Total Comprehensive Income	¥185M	−¥326M	+156.7%
Interest Expense	¥1M	¥3M	−66.7%
Basic EPS	¥49.49	−¥97.06	+151.0%

Item	Current End	Prior End	Change
Current Assets	¥7.38B	¥10.51B	−¥3.13B
Cash and Deposits	¥1.16B	¥905M	+¥257M
Accounts Receivable	¥2.22B	¥7.47B	−¥5.25B
Inventories	¥569M	¥653M	−¥84M
Non-current Assets	¥1.63B	¥1.63B	+¥3M
Property, Plant & Equipment	¥810M	¥765M	+¥45M
Intangible Assets	¥99M	¥151M	−¥52M
Investment Securities	¥149M	¥118M	+¥31M
Total Assets	¥9.01B	¥12.14B	−¥3.13B
Current Liabilities	¥3.41B	¥6.46B	−¥3.04B
Accounts Payable	¥1.15B	¥4.04B	−¥2.89B
Short-term Loans	¥700M	¥900M	−¥200M
Non-current Liabilities	¥239M	¥250M	−¥11M
Total Liabilities	¥3.65B	¥6.71B	−¥3.06B
Total Equity	¥5.36B	¥5.43B	−¥71M
Capital Stock	¥523M	¥523M	¥0
Capital Surplus	¥498M	¥498M	¥0
Retained Earnings	¥4.44B	¥4.35B	+¥84M
Treasury Stock	−¥177M	−¥1M	−¥176M
Owners' Equity	¥5.36B	¥5.43B	−¥71M
Working Capital	¥3.97B	-	-

Item	YoY Change
Net Sales YoY Change	+6.5%

Item	Value
Shares Outstanding (incl. Treasury)	3.50M shares
Treasury Stock	222K shares
Average Shares Outstanding	3.31M shares
Book Value Per Share	¥1,635.97

Item	Amount
Q2 Dividend	¥0.00

Segment	Revenue	Operating Income
TelecommunicationSystem	¥6.78B	¥721M
TelecommunicationTerminal	¥6.33B	¥640M

Item	Forecast
Net Sales Forecast	¥19.80B
Operating Income Forecast	¥230M
Ordinary Income Forecast	¥250M
Net Income Attributable to Owners Forecast	¥160M
Basic EPS Forecast	¥48.03
Dividend Per Share Forecast	¥23.00