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63172026 Q3StandardJGAAP

Kitagawa (6317) FY2026 Q3 Earnings Report

For FY2026 Q3, revenue came to ¥41.8B (0.0% year on year) and operating income ¥1.7B (+23.1%). The segment drivers and cash flow follow.

Kitagawa Corporation

Machinery


Financial Highlights

  • Net Sales: ¥41.79B
  • Operating Income: ¥1.73B
  • Net Income: ¥2.61B
  • EPS: ¥282.57

Income Statement

ItemCurrentPriorYoY %
Net Sales¥41.79B¥41.78B+0.0%
Cost of Sales¥34.82B¥35.14B−0.9%
Gross Profit¥6.97B¥6.65B+4.9%
SG&A Expenses¥5.24B¥5.24B+0.0%
Operating Income¥1.73B¥1.41B+23.1%
Non-operating Income¥422M¥883M−52.2%
Non-operating Expenses¥360M¥305M+18.0%
Ordinary Income¥1.79B¥1.99B−9.6%
Profit Before Tax¥3.58B¥2.00B+79.1%
Income Tax Expense¥966M¥827M+16.8%
Net Income¥2.61B¥1.17B+123.1%
Net Income Attributable to Owners¥2.61B¥1.17B+122.9%
Total Comprehensive Income¥2.08B¥472M+340.0%
Interest Expense¥249M¥264M−5.7%
Basic EPS¥282.57¥126.96+122.6%

Balance Sheet

ItemCurrent EndPrior EndChange
Current Assets¥40.75B¥41.50B−¥747M
Cash and Deposits¥10.77B¥11.50B−¥736M
Accounts Receivable¥7.51B¥8.78B−¥1.27B
Inventories¥5.40B¥4.72B+¥687M
Non-current Assets¥40.06B¥40.50B−¥437M
Property, Plant & Equipment¥25.17B¥27.15B−¥1.98B
Intangible Assets¥995M¥1.08B−¥87M
Goodwill¥468M¥534M−¥66M
Total Assets¥80.82B¥82.00B−¥1.18B
Current Liabilities¥22.27B¥25.41B−¥3.14B
Accounts Payable¥3.32B¥3.70B−¥374M
Short-term Loans¥4.45B¥3.65B+¥798M
Non-current Liabilities¥15.27B¥14.85B+¥413M
Long-term Loans¥7.67B¥8.34B−¥669M
Total Liabilities¥37.54B¥40.26B−¥2.72B
Total Equity¥43.28B¥41.74B+¥1.54B
Capital Stock¥8.64B¥8.64B¥0
Capital Surplus¥4.89B¥4.89B−¥7M
Retained Earnings¥24.07B¥22.02B+¥2.06B
Treasury Stock−¥753M−¥777M+¥24M
Owners' Equity¥43.27B¥41.73B+¥1.54B
Working Capital¥18.48B--

Profitability Ratios

ItemValue
Net Profit Margin6.3%
Gross Profit Margin16.7%
Current Ratio183.0%
Quick Ratio158.7%
Debt-to-Equity Ratio0.87x
Interest Coverage Ratio6.96x
Effective Tax Rate27.0%

Year-over-Year Comparison

ItemYoY Change
Net Sales YoY Change+0.0%
Operating Income YoY Change+23.1%
Ordinary Income YoY Change−9.6%
Profit Before Tax YoY Change+79.1%
Net Income YoY Change+123.1%
Net Income Attributable to Owners YoY Change+122.8%
Total Comprehensive Income YoY Change+339.6%

Share Information

ItemValue
Shares Outstanding (incl. Treasury)9.65M shares
Treasury Stock399K shares
Average Shares Outstanding9.25M shares
Book Value Per Share¥4,677.88

Dividend Information

ItemAmount
Q2 Dividend¥35.00

Segment Information

SegmentRevenueOperating Income
KitagawaGlobalHandCompany¥7.21B¥192M
KitagawaMaterialTechnologyCompany¥17.75B¥370M
KitagawaSunTechCompany¥15.37B¥1.89B
OperatingSegmentsNotIncludedInReportableSegmentsAndOtherRevenueGeneratingBusiness¥202M−¥76M
SemiconductorEquipment¥1.27B¥61M

Full Year Forecast

ItemForecast
Net Sales Forecast¥57.30B
Operating Income Forecast¥1.90B
Ordinary Income Forecast¥1.70B
Net Income Attributable to Owners Forecast¥2.60B
Basic EPS Forecast¥281.19
Dividend Per Share Forecast¥85.00