JVC Kenwood Financial Presentation Materials for the Fiscal Year Ending March 2026 (IFRS)

Financial Overview for the Fiscal Year Ending March 2026

Although there were fluctuations by segment in the fiscal year ending March 2026, overall results were almost in line with earnings guidance. The Safety & Security (S&S) segment was significantly impacted by production and sales declines due to parts supply shortages for wireless systems, while the Mobility & Telematics Services (M&T) and Entertainment Solutions (ES) segments' media operations were also affected by U.S. tariff measures, resulting in decreases in both revenue and profit company-wide. Revenue totaled 356.9 billion yen (3.6% decrease YoY), operating income was 20.5 billion yen (5.7% decrease YoY), and net income was 16.8 billion yen (17.2% decrease YoY).

Segment Performance and Future Outlook

Mobility & Telematics Services achieved profit growth due to strong domestic product sales, but the OEM business experienced revenue declines resulting from U.S. tariffs and the economic slowdown in China. Safety & Security saw decreases in both revenue and profit due to parts supply shortages. Entertainment Solutions posted profit growth driven by strong content sales, despite the impact of U.S. tariffs on media operations. For the full fiscal year ending March 2027, the company expects recovery from parts supply shortages in S&S and robust demand overall, while considering the risk of a U.S. government shutdown, it projects revenue and profit growth company-wide.