Canare Electric Co., Ltd.
Fiscal Year Ending December 2026 Q3 Financial Summary (Japanese GAAP) (Consolidated)
For the nine months ended December 2026 (Q3), consolidated results were: net sales 979.6 hundred million yen, operating income 131.1 hundred million yen, ordinary income 137.5 hundred million yen, and net income attributable to owners of parent 96.9 hundred million yen. Year-over-year, sales were flat while profits were roughly flat to slightly down. Contribution from overseas markets increased and yen depreciation was notable. Full-year forecasts remain unchanged.
Key Figures
- Net Sales: 9,796 million yen
- Operating Income: 1,311 million yen
- Net Income Attributable to Owners of Parent: 969 million yen
AI要約
Overview of Performance
Amid continued uncertainty in domestic and international demand conditions, we promoted expanded sales and new market development overseas. Net sales were nearly flat year-over-year, but due to exchange rate fluctuations and rising material costs, operating income, ordinary income, and net income all declined compared with the same period last year. By segment, increases in sales and profits were observed in the U.S. and Singapore, while demand fluctuations in Japan and China had an adverse impact. The full-year forecast remains unchanged.
Outlook and Impact
Some factors, such as U.S. tariff refunds, are expected to have a positive effect, but Middle East tensions and foreign exchange risks remain uncertainties. There is no change to the full-year earnings forecast. Exchange rate information is based on published values. We will continue active sales promotion and investment in product development, and maintain and strengthen a business mix with a high overseas weighting.
Canare Electric Co., Ltd.
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