INTELLIGENT WAVE INC. FY2026 Q1 Earnings Report | IR Tracker

INTELLIGENT WAVE INC. FY2026 Q1 Earnings Report | IR Tracker

Financial Highlights

Net Sales: ¥3.75B
Operating Income: ¥205M
Net Income: ¥139M
EPS: ¥5.34

Income Statement

Item	Current	Prior	YoY %
Net Sales	¥3.75B	¥3.54B	+5.8%
Cost of Sales	¥2.81B	¥2.56B	+9.7%
Gross Profit	¥934M	¥979M	-4.7%
SG&A Expenses	¥728M	¥675M	+7.8%
Operating Income	¥205M	¥304M	-32.6%
Non-operating Income	¥8M	¥3M	+167.2%
Non-operating Expenses	¥9M	¥3M	+208.3%
Ordinary Income	¥204M	¥304M	-32.9%
Profit Before Tax	¥205M	¥304M	-32.7%
Income Tax Expense	¥65M	¥96M	-32.3%
Net Income	¥139M	¥208M	-33.2%
Basic EPS	¥5.34	¥7.96	-32.9%
Dividend Per Share	¥15.00	¥15.00	+0.0%

Balance Sheet

Item	Current End	Prior End	Change
Current Assets	¥9.17B	¥10.46B	¥-1.30B
Cash and Deposits	¥5.13B	¥6.43B	¥-1.30B
Accounts Receivable	¥1.71B	¥1.69B	+¥28M
Inventories	¥437M	¥143M	+¥294M
Non-current Assets	¥8.11B	¥8.23B	¥-117M

Profitability Ratios

Item	Value
Net Profit Margin	3.7%
Gross Profit Margin	24.9%
Current Ratio	124.8%
Quick Ratio	118.8%
Debt-to-Equity Ratio	0.89x
Effective Tax Rate	31.7%

Year-over-Year Comparison

Item	YoY Change
Net Sales YoY Change	+5.7%
Operating Income YoY Change	-32.4%
Ordinary Income YoY Change	-32.7%
Net Income YoY Change	-32.9%

Item	Value
Shares Outstanding (incl. Treasury)	26.34M shares
Treasury Stock	158K shares
Average Shares Outstanding	26.18M shares
Book Value Per Share	¥348.41

Dividend Information

Item	Amount
Q2 Dividend	¥15.00
Year-End Dividend	¥20.00

Full Year Forecast

Item	Forecast
Net Sales Forecast	¥17.40B
Operating Income Forecast	¥2.40B
Ordinary Income Forecast	¥2.44B
Net Income Forecast	¥1.69B
Basic EPS Forecast	¥64.31
Dividend Per Share Forecast	¥17.00