Back to Articles
77172026 Q3PrimeJGAAP

V Technology (7717) FY2026 Q3 Earnings Report

For FY2026 Q3, revenue came to ¥32.1B (+0.7% year on year) and operating income ¥627.0M. The segment drivers and cash flow follow.

V Technology Co.,Ltd.

Electric Appliances & Precision Instruments/Precision Instruments


Financial Highlights

  • Net Sales: ¥32.06B
  • Operating Income: ¥627M
  • Net Income: ¥1.32B
  • EPS: ¥138.04

Income Statement

ItemCurrentPriorYoY %
Net Sales¥32.06B¥31.82B+0.7%
Cost of Sales¥23.67B¥24.13B−1.9%
Gross Profit¥8.39B¥7.70B+9.0%
SG&A Expenses¥7.76B¥7.64B+1.6%
Operating Income¥627M¥56M+1019.6%
Non-operating Income¥446M¥486M−8.2%
Non-operating Expenses¥318M¥348M−8.6%
Ordinary Income¥755M¥194M+289.2%
Profit Before Tax¥1.05B¥234M+350.0%
Income Tax Expense−¥265M¥308M−186.0%
Net Income¥1.32B−¥74M+1881.1%
Net Income Attributable to Owners¥1.30B¥53M+2360.4%
Total Comprehensive Income¥1.98B−¥184M+1175.0%
Interest Expense¥128M¥89M+43.8%
Basic EPS¥138.04¥5.63+2351.9%

Balance Sheet

ItemCurrent EndPrior EndChange
Current Assets¥67.44B¥65.39B+¥2.05B
Cash and Deposits¥23.57B¥26.67B−¥3.10B
Accounts Receivable¥19.35B¥19.79B−¥434M
Inventories¥1.21B¥679M+¥526M
Non-current Assets¥9.28B¥7.81B+¥1.47B
Property, Plant & Equipment¥4.33B¥3.86B+¥466M
Intangible Assets¥537M¥712M−¥175M
Goodwill¥379M¥525M−¥146M
Total Assets¥76.72B¥73.20B+¥3.52B
Current Liabilities¥27.05B¥24.26B+¥2.79B
Accounts Payable¥6.02B¥4.92B+¥1.10B
Short-term Loans¥1.78B¥1.29B+¥489M
Non-current Liabilities¥14.90B¥15.36B−¥460M
Long-term Loans¥13.70B¥14.25B−¥556M
Total Liabilities¥41.95B¥39.62B+¥2.33B
Total Equity¥34.77B¥33.58B+¥1.19B
Capital Stock¥2.85B¥2.85B¥0
Capital Surplus¥2.50B¥2.50B¥0
Retained Earnings¥30.04B¥29.51B+¥526M
Treasury Stock−¥2.47B−¥2.48B+¥12M
Owners' Equity¥34.70B¥33.50B+¥1.20B
Working Capital¥40.39B--

Profitability Ratios

ItemValue
Net Profit Margin4.1%
Gross Profit Margin26.2%
Current Ratio249.3%
Quick Ratio244.8%
Debt-to-Equity Ratio1.21x
Interest Coverage Ratio4.90x
Effective Tax Rate−25.2%

Year-over-Year Comparison

ItemYoY Change
Net Sales YoY Change+0.7%
Operating Income YoY Change+1019.6%
Ordinary Income YoY Change+287.8%
Profit Before Tax YoY Change+350.0%
Net Income Attributable to Owners YoY Change+2360.4%

Share Information

ItemValue
Shares Outstanding (incl. Treasury)10.06M shares
Treasury Stock604K shares
Average Shares Outstanding9.45M shares
Book Value Per Share¥3,678.18

Dividend Information

ItemAmount
Q2 Dividend¥40.00

Segment Information

SegmentRevenueOperating Income
FPDEquipment¥17.54B¥565M
OperatingSegmentsNotIncludedInReportableSegmentsAndOtherRevenueGeneratingBusiness¥1.08B−¥116M
SemiconductorPhotomaskEquipment¥13.43B¥178M

Full Year Forecast

ItemForecast
Net Sales Forecast¥56.00B
Operating Income Forecast¥4.50B
Ordinary Income Forecast¥4.20B
Net Income Attributable to Owners Forecast¥2.70B
Basic EPS Forecast¥285.61
Dividend Per Share Forecast¥80.00