Back to Articles
68372026 Q3StandardJGAAP

KYOSHA (6837) FY2026 Q3 Earnings Report

For FY2026 Q3, revenue came to ¥18.5B (-5.5% year on year) and operating income ¥556.0M (-45.2%). The segment drivers and cash flow follow.

KYOSHA CO.,LTD.

Electric Appliances & Precision Instruments/Electric Appliances


Financial Highlights

  • Net Sales: ¥18.53B
  • Operating Income: ¥556M
  • Net Income: ¥173M
  • EPS: ¥12.17

Income Statement

ItemCurrentPriorYoY %
Net Sales¥18.53B¥19.61B−5.5%
Cost of Sales¥15.59B¥16.07B−2.9%
Gross Profit¥2.93B¥3.55B−17.4%
SG&A Expenses¥2.38B¥2.53B−6.2%
Operating Income¥556M¥1.01B−45.2%
Non-operating Income¥53M¥72M−26.4%
Non-operating Expenses¥266M¥290M−8.3%
Ordinary Income¥343M¥796M−56.9%
Profit Before Tax¥453M¥788M−42.5%
Income Tax Expense¥280M¥218M+28.4%
Net Income¥173M¥569M−69.6%
Net Income Attributable to Owners¥177M¥546M−67.6%
Total Comprehensive Income−¥406M¥613M−166.2%
Interest Expense¥231M¥273M−15.4%
Basic EPS¥12.17¥37.71−67.7%

Balance Sheet

ItemCurrent EndPrior EndChange
Current Assets¥15.71B¥15.83B−¥123M
Cash and Deposits¥5.82B¥5.42B+¥399M
Accounts Receivable¥3.09B¥3.71B−¥620M
Non-current Assets¥8.18B¥8.92B−¥740M
Property, Plant & Equipment¥7.01B¥7.59B−¥581M
Intangible Assets¥109M¥140M−¥31M
Investment Securities¥624M¥592M+¥32M
Total Assets¥23.89B¥24.75B−¥863M
Current Liabilities¥10.12B¥9.77B+¥344M
Accounts Payable¥2.98B¥3.00B−¥21M
Short-term Loans¥4.01B¥3.63B+¥377M
Non-current Liabilities¥4.21B¥4.88B−¥667M
Long-term Loans¥3.35B¥4.10B−¥747M
Total Liabilities¥14.33B¥14.65B−¥323M
Total Equity¥9.56B¥10.10B−¥541M
Capital Stock¥1.10B¥1.10B¥0
Capital Surplus¥1.24B¥1.22B+¥19M
Retained Earnings¥4.70B¥4.68B+¥17M
Treasury Stock−¥2M−¥10M+¥8M
Owners' Equity¥9.31B¥9.83B−¥522M
Working Capital¥5.59B--

Profitability Ratios

ItemValue
Net Profit Margin1.0%
Gross Profit Margin15.8%
Current Ratio155.3%
Quick Ratio155.3%
Debt-to-Equity Ratio1.50x
Interest Coverage Ratio2.41x
Effective Tax Rate61.8%

Year-over-Year Comparison

ItemYoY Change
Net Sales YoY Change−5.5%
Operating Income YoY Change−45.2%
Ordinary Income YoY Change−56.9%
Profit Before Tax YoY Change−42.5%
Net Income YoY Change−69.6%
Net Income Attributable to Owners YoY Change−67.6%

Share Information

ItemValue
Shares Outstanding (incl. Treasury)14.62M shares
Treasury Stock24K shares
Average Shares Outstanding14.56M shares
Book Value Per Share¥654.72

Dividend Information

ItemAmount
Q2 Dividend¥0.00

Segment Information

SegmentRevenueOperating Income
Chine¥8.56B¥620M
Indonesia¥1.83B−¥156M
Japan¥7.44B−¥41M
Mexico¥48M¥3M
Vietnam¥651M¥82M

Full Year Forecast

ItemForecast
Net Sales Forecast¥24.00B
Operating Income Forecast¥700M
Ordinary Income Forecast¥460M
Net Income Attributable to Owners Forecast¥220M
Basic EPS Forecast¥15.12
Dividend Per Share Forecast¥5.00