【Koito Manufacturing Co., Ltd.】2026 Financial Results ｜Sales of 947.6 billion yen, Operating profit of 51.4 billion yen, Net income of 1.65 billion yen

Performance Overview

Koito Manufacturing registered sales of 947.6 billion yen (up 3.4% YoY), operating profit of 51.4 billion yen (up 14.6%), and ordinary income of 58.7 billion yen (up 19.6%) for the fiscal year ending March 2026. Regional performance remained solid in Japan, the Americas, Asia, and Europe, with profitability maintained across all regions through cost rationalization and productivity improvements. Conversely, net income attributable to owners of the parent decreased by 64.2% to 1.65 billion yen, primarily due to impairment losses related to LiDAR and China operations. The dividend remains at 56 yen, with plans for an increase in the next fiscal year.

Outlook and Impact on Shareholders

For the fiscal year ending March 2027, earnings are expected to be driven by sales of approximately 933.0 billion yen (down 1.5% YoY), operating profit of 60.0 billion yen (up 16.6%), and net income of 3.95 billion yen (up 138.8%). The company plans to expand sales of high value-added products and review production systems to enhance profitability and reduce costs. Dividends are projected to total 58 yen (28 yen interim and 30 yen year-end), an increase of 2 yen compared to the previous year. While remaining vigilant to changes in the business environment, the company will continue to prioritize shareholder return.