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67182026 Full YearPrimeJGAAP

AIPHONE (6718) FY2026 FY Earnings Report

For FY2026 FY, revenue came to ¥63.0B (-0.5% year on year) and operating income ¥2.8B (-26.5%). The segment drivers and cash flow follow.

AIPHONE CO.,LTD.

Electric Appliances & Precision Instruments/Electric Appliances


Financial Highlights

  • Net Sales: ¥62.98B
  • Operating Income: ¥2.80B
  • Net Income: ¥2.47B
  • EPS: ¥150.69

Income Statement

ItemCurrentPriorYoY %
Net Sales¥62.98B¥63.32B−0.5%
Cost of Sales¥36.47B¥36.08B+1.1%
Gross Profit¥26.51B¥27.24B−2.7%
SG&A Expenses¥23.71B¥23.43B+1.2%
Operating Income¥2.80B¥3.81B−26.5%
Non-operating Income¥562M¥567M−0.9%
Non-operating Expenses¥193M¥219M−11.9%
Ordinary Income¥3.17B¥4.16B−23.8%
Profit Before Tax¥3.38B¥4.51B−25.0%
Income Tax Expense¥919M¥893M+2.9%
Net Income¥2.47B¥3.62B−31.9%
Net Income Attributable to Owners¥2.47B¥3.62B−31.9%
Total Comprehensive Income¥5.40B¥3.97B+35.8%
Depreciation & Amortization¥1.06B¥1.23B−13.3%
Interest Expense¥14M¥11M+27.3%
Basic EPS¥150.69¥221.18−31.9%
Dividend Per Share¥130.00¥50.00+160.0%
Total Dividend Paid¥2.13B¥2.13B+0.0%

Balance Sheet

ItemCurrent EndPrior EndChange
Current Assets¥56.29B¥56.33B−¥44M
Cash and Deposits¥23.60B¥25.23B−¥1.63B
Accounts Receivable¥11.34B¥10.04B+¥1.30B
Non-current Assets¥23.67B¥20.70B+¥2.96B
Property, Plant & Equipment¥10.98B¥8.23B+¥2.75B
Intangible Assets¥0¥0¥0
Investment Securities¥9.72B¥9.06B+¥666M
Total Assets¥79.96B¥77.04B+¥2.92B
Current Liabilities¥8.51B¥8.86B−¥351M
Accounts Payable¥1.78B¥2.19B−¥408M
Non-current Liabilities¥1.41B¥1.41B¥0
Total Liabilities¥9.92B¥10.27B−¥351M
Total Equity¥70.03B¥66.76B+¥3.27B
Capital Stock¥5.39B¥5.39B¥0
Capital Surplus¥5.41B¥5.43B−¥25M
Retained Earnings¥49.88B¥50.50B−¥626M
Treasury Stock−¥2.17B−¥3.16B+¥991M
Owners' Equity¥70.03B¥66.76B+¥3.27B
Working Capital¥47.78B--

Cash Flow Statement

ItemCurrentPriorChange
Operating Cash Flow¥2.17B¥5.72B−¥3.55B
Investing Cash Flow−¥2.28B−¥729M−¥1.55B
Financing Cash Flow−¥2.34B−¥2.41B+¥70M
Free Cash Flow−¥108M--

Profitability Ratios

ItemValue
Operating Margin4.4%
ROA (Ordinary Income)4.0%
Payout Ratio86.3%
Dividend on Equity (DOE)3.1%
Book Value Per Share¥4,279.04
Net Profit Margin3.9%
Gross Profit Margin42.1%
Current Ratio661.3%
Quick Ratio661.3%
Debt-to-Equity Ratio0.14x
Interest Coverage Ratio200.14x
EBITDA Margin6.1%
Effective Tax Rate27.1%

Year-over-Year Comparison

ItemYoY Change
Net Sales YoY Change−0.5%
Operating Income YoY Change−26.5%
Ordinary Income YoY Change−23.8%
Profit Before Tax YoY Change−25.0%
Net Income YoY Change−31.9%
Net Income Attributable to Owners YoY Change−31.9%
Total Comprehensive Income YoY Change+35.8%

Share Information

ItemValue
Shares Outstanding (incl. Treasury)17.64M shares
Treasury Stock1.27M shares
Average Shares Outstanding16.37M shares
Book Value Per Share¥4,279.02
EBITDA¥3.86B

Dividend Information

ItemAmount
Q2 Dividend¥50.00
Year-End Dividend¥80.00

Segment Information

SegmentRevenue
Europe¥4.24B
Japan¥47.56B
NorthAmerica¥9.50B
OperatingSegmentsNotIncludedInReportableSegmentsAndOtherRevenueGeneratingBusiness¥1.69B
Thailand¥11.01B
Vietnam¥6.82B

Full Year Forecast

ItemForecast
Net Sales Forecast¥65.80B
Operating Income Forecast¥4.00B
Ordinary Income Forecast¥4.50B
Net Income Attributable to Owners Forecast¥3.20B
Basic EPS Forecast¥195.52
Dividend Per Share Forecast¥130.00