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49372026 Q1GrowthJGAAP

Waqoo (4937) FY2026 Q1 Earnings Report

For FY2026 Q1, revenue came to ¥407.0M (-0.1% year on year) and operating loss ¥33.0M. The segment drivers and cash flow follow.

Waqoo Inc.

Raw Materials & Chemicals/Chemicals


Financial Highlights

  • Net Sales: ¥407M
  • Operating Income: ¥-33M
  • Net Income: ¥-31M
  • EPS: ¥-8.74

Income Statement

ItemCurrentPriorYoY %
Net Sales¥407M¥407M+0.0%
Cost of Sales¥95M¥85M+11.5%
Gross Profit¥313M¥323M−3.1%
SG&A Expenses¥347M¥368M−5.9%
Operating Income−¥33M−¥45M+26.7%
Non-operating Income¥80,000¥772,000−89.6%
Non-operating Expenses¥2M¥2M+24.5%
Ordinary Income−¥35M−¥46M+23.9%
Profit Before Tax−¥36M−¥47M+22.9%
Income Tax Expense−¥5M¥617,000−907.3%
Net Income−¥31M−¥47M+34.5%
Net Income Attributable to Owners−¥30M−¥47M+36.2%
Total Comprehensive Income−¥30M−¥47M+36.2%
Interest Expense¥2M¥2M+24.5%
Basic EPS−¥8.74−¥13.02+32.9%

Balance Sheet

ItemCurrent EndPrior EndChange
Current Assets¥1.67B¥1.78B−¥109M
Cash and Deposits¥1.26B¥1.30B−¥45M
Accounts Receivable¥254M¥311M−¥57M
Inventories¥105M¥88M+¥17M
Non-current Assets¥1.39B¥1.42B−¥27M
Property, Plant & Equipment¥375M¥376M−¥1M
Intangible Assets¥981M¥1.01B−¥31M
Goodwill¥979M¥1.01B−¥31M
Total Assets¥3.06B¥3.20B−¥137M
Current Liabilities¥616M¥692M−¥76M
Accounts Payable¥12M¥4M+¥8M
Short-term Loans¥190M¥190M¥0
Non-current Liabilities¥377M¥416M−¥38M
Long-term Loans¥302M¥341M−¥39M
Total Liabilities¥993M¥1.11B−¥115M
Total Equity¥2.07B¥2.09B−¥22M
Capital Stock¥57M¥55M+¥3M
Capital Surplus¥2.47B¥2.47B+¥3M
Retained Earnings−¥369M−¥339M−¥31M
Treasury Stock−¥100M−¥100M¥0
Owners' Equity¥2.06B¥2.08B−¥26M
Working Capital¥1.06B--

Profitability Ratios

ItemValue
Net Profit Margin−7.4%
Gross Profit Margin76.8%
Current Ratio271.7%
Quick Ratio254.7%
Debt-to-Equity Ratio0.48x
Interest Coverage Ratio−15.20x
Effective Tax Rate13.9%

Year-over-Year Comparison

ItemYoY Change
Net Sales YoY Change−0.1%

Share Information

ItemValue
Shares Outstanding (incl. Treasury)3.63M shares
Treasury Stock100K shares
Average Shares Outstanding3.53M shares
Book Value Per Share¥585.61

Segment Information

SegmentRevenueOperating Income
DirectToConsumer¥201M¥86M
MedicalSupport¥200M−¥11M
OperatingSegmentsNotIncludedInReportableSegmentsAndOtherRevenueGeneratingBusiness¥7M−¥7M

Full Year Forecast

ItemForecast
Net Sales Forecast¥2.35B
Operating Income Forecast¥304M
Ordinary Income Forecast¥294M
Net Income Attributable to Owners Forecast¥184M
Basic EPS Forecast¥52.44
Dividend Per Share Forecast¥0.00