Corona Corporation
Corona Corporation: Financial Summary for the Six Months Ended March 2027 (Interim) [Japanese GAAP] (Consolidated)
For the six months ended March 2027, revenue was 39,517 million yen, operating loss was 675 million yen, ordinary loss was 423 million yen, and net loss attributable to owners of parent for the interim period was 286 million yen. The full-year forecast was revised, with revenue projected at 84,500 million yen and net income expected to be a loss of around 100 million yen. The dividend of 14.00 yen per share at the end of the second quarter is to be maintained.
Key Figures
- Revenue: 39,517 million yen (Year-over-Year -1.7%)
- Operating Loss: -675 million yen
- Net Loss Attributable to Owners of Parent (Interim): -286 million yen
AI要約
Overview of Results
Revenue for the second quarter totaled 39,517 million yen, a slight decrease year-over-year. Although cost reductions and SG&A expense cuts were advanced, operating losses widened due to surging raw material prices and impacts on component procurement. By segment, heating equipment declined, air-conditioning and consumer electronics saw marginal decreases, and housing equipment declined compared with the previous period. The full-year outlook was revised, with revenue assumed at 84,500 million yen while net income is expected to be in the red.
Outlook and Dividend
Consolidated full-year forecasts have been revised from those announced on May 12, 2026. The dividend of 14.00 yen at the end of the second quarter is expected to be maintained. The company will continue measures such as capital investment, DX promotion, and adoption of generative AI, and will wait for improvements in supply-demand conditions. Improvement in cost structure and trends in raw material prices are expected to be key to earnings recovery.
Operating Income/Loss Trend
Net Income (Loss) Attributable to Owners of Parent Trend
Annual Dividend
Corona Corporation
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