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67452027 Q1PrimeJGAAP

HOCHIKI (6745) FY2027 Q1 Earnings Report

For FY2027 Q1, revenue came to ¥23.8B (+6.6% year on year) and operating income ¥1.5B (+41.4%). The segment drivers and cash flow follow.

HOCHIKI CORPORATION

Electric Appliances & Precision Instruments/Electric Appliances


Financial Highlights

  • Net Sales: ¥23.83B
  • Operating Income: ¥1.52B
  • Net Income: ¥1.18B
  • EPS: ¥15.83

Income Statement

ItemCurrentPriorYoY %
Net Sales¥23.83B¥22.36B+6.6%
Cost of Sales¥14.52B¥14.25B+1.9%
Gross Profit¥9.31B¥8.11B+14.8%
SG&A Expenses¥7.79B¥7.04B+10.8%
Operating Income¥1.52B¥1.07B+41.4%
Non-operating Income¥185M¥103M+79.6%
Non-operating Expenses¥52M¥108M−51.9%
Ordinary Income¥1.65B¥1.07B+54.5%
Profit Before Tax¥1.65B¥1.07B+54.4%
Income Tax Expense¥468M¥270M+73.3%
Net Income¥1.18B¥797M+47.9%
Net Income Attributable to Owners¥1.18B¥800M+47.5%
Total Comprehensive Income¥1.50B¥1.16B+29.1%
Interest Expense¥8M¥7M+14.3%
Basic EPS¥15.83¥10.73+47.5%

Balance Sheet

ItemCurrent EndPrior EndChange
Current Assets¥66.52B¥72.72B−¥6.20B
Cash and Deposits¥26.48B¥27.97B−¥1.49B
Accounts Receivable¥19.28B¥24.83B−¥5.54B
Non-current Assets¥25.28B¥25.21B+¥68M
Property, Plant & Equipment¥13.02B¥12.84B+¥173M
Intangible Assets¥1.51B¥1.47B+¥41M
Goodwill¥86M¥93M−¥7M
Total Assets¥91.81B¥97.94B−¥6.13B
Current Liabilities¥16.61B¥22.16B−¥5.55B
Accounts Payable¥3.92B¥4.19B−¥263M
Non-current Liabilities¥7.26B¥7.31B−¥47M
Total Liabilities¥23.87B¥29.47B−¥5.59B
Total Equity¥67.93B¥68.47B−¥536M
Capital Stock¥3.80B¥3.80B¥0
Capital Surplus¥2.69B¥2.70B−¥5M
Retained Earnings¥55.95B¥56.77B−¥826M
Treasury Stock−¥1.83B−¥1.83B¥0
Owners' Equity¥67.90B¥68.40B−¥507M
Working Capital¥49.91B--

Profitability Ratios

ItemValue
Book Value Per Share¥910.07
Net Profit Margin5.0%
Gross Profit Margin39.1%
Current Ratio400.5%
Quick Ratio400.5%
Debt-to-Equity Ratio0.35x
Interest Coverage Ratio189.88x
Effective Tax Rate28.4%

Year-over-Year Comparison

ItemYoY Change
Net Sales YoY Change+6.6%
Operating Income YoY Change+41.4%
Ordinary Income YoY Change+54.4%
Profit Before Tax YoY Change+54.4%
Net Income YoY Change+47.9%
Net Income Attributable to Owners YoY Change+47.5%
Total Comprehensive Income YoY Change+29.1%

Share Information

ItemValue
Shares Outstanding (incl. Treasury)79.20M shares
Treasury Stock4.59M shares
Average Shares Outstanding74.61M shares
Book Value Per Share¥910.57

Segment Information

SegmentOperating Income
FireAlarmSystems¥2.01B
FireExtinguishingSystems¥292M
Maintenance¥807M
SecuritySystems¥229M

Full Year Forecast

ItemForecast
Net Sales Forecast¥110.00B
Operating Income Forecast¥12.30B
Ordinary Income Forecast¥12.50B
Net Income Attributable to Owners Forecast¥9.00B
Basic EPS Forecast¥120.64
Dividend Per Share Forecast¥40.00