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69192026 Q3StandardJGAAP

KEL (6919) FY2026 Q3 Earnings Report

For FY2026 Q3, revenue came to ¥9.4B (+5.3% year on year) and operating income ¥228.0M (-52.0%). The segment drivers and cash flow follow.

KEL CORPORATION

Electric Appliances & Precision Instruments/Electric Appliances


Financial Highlights

  • Net Sales: ¥9.42B
  • Operating Income: ¥228M
  • Net Income: ¥224M
  • EPS: ¥30.85

Income Statement

ItemCurrentPriorYoY %
Net Sales¥9.42B¥8.94B+5.3%
Cost of Sales¥7.34B¥6.68B+9.8%
Gross Profit¥2.08B¥2.26B−7.9%
SG&A Expenses¥1.85B¥1.78B+3.9%
Operating Income¥228M¥476M−52.1%
Non-operating Income¥121M¥91M+32.7%
Non-operating Expenses¥4M¥3M+63.5%
Ordinary Income¥345M¥565M−38.9%
Profit Before Tax¥344M¥563M−38.8%
Income Tax Expense¥120M¥162M−25.8%
Net Income¥224M¥401M−44.0%
Net Income Attributable to Owners¥224M¥401M−44.1%
Total Comprehensive Income¥533M¥429M+24.2%
Interest Expense¥4M¥3M+67.0%
Basic EPS¥30.85¥55.18−44.1%

Balance Sheet

ItemCurrent EndPrior EndChange
Current Assets¥11.25B¥11.54B−¥294M
Cash and Deposits¥4.18B¥4.88B−¥701M
Accounts Receivable¥2.76B¥2.87B−¥112M
Inventories¥945M¥810M+¥134M
Non-current Assets¥7.36B¥7.06B+¥296M
Property, Plant & Equipment¥4.66B¥4.50B+¥159M
Intangible Assets¥150M¥189M−¥39M
Investment Securities¥1.57B¥1.23B+¥341M
Total Assets¥18.61B¥18.61B+¥2M
Current Liabilities¥2.79B¥2.88B−¥83M
Accounts Payable¥836M¥752M+¥85M
Short-term Loans¥450M¥450M¥0
Non-current Liabilities¥633M¥505M+¥128M
Total Liabilities¥3.43B¥3.38B+¥45M
Total Equity¥15.18B¥15.22B−¥43M
Capital Stock¥1.62B¥1.62B¥0
Capital Surplus¥1.45B¥1.45B+¥3M
Retained Earnings¥11.17B¥11.52B−¥357M
Treasury Stock−¥242M−¥244M+¥2M
Owners' Equity¥15.18B¥15.22B−¥43M
Working Capital¥8.45B--

Profitability Ratios

ItemValue
Net Profit Margin2.4%
Gross Profit Margin22.1%
Current Ratio402.7%
Quick Ratio368.9%
Debt-to-Equity Ratio0.23x
Interest Coverage Ratio53.41x
Effective Tax Rate34.8%

Year-over-Year Comparison

ItemYoY Change
Net Sales YoY Change+5.3%
Operating Income YoY Change−52.0%
Ordinary Income YoY Change−38.9%
Profit Before Tax YoY Change−38.8%
Net Income YoY Change−44.0%
Net Income Attributable to Owners YoY Change−44.0%
Total Comprehensive Income YoY Change+24.1%

Share Information

ItemValue
Shares Outstanding (incl. Treasury)7.74M shares
Treasury Stock468K shares
Average Shares Outstanding7.27M shares
Book Value Per Share¥2,086.64

Dividend Information

ItemAmount
Q2 Dividend¥40.00

Full Year Forecast

ItemForecast
Net Sales Forecast¥12.50B
Operating Income Forecast¥320M
Ordinary Income Forecast¥450M
Net Income Attributable to Owners Forecast¥310M
Basic EPS Forecast¥42.61
Dividend Per Share Forecast¥80.00
KEL (6919) FY2026 Q3 Earnings Report