G-Tekt Corporation
Financial Summary for the Third Quarter of the Fiscal Year Ending March 2026 [Japanese GAAP] (Consolidated)
For the third quarter of the fiscal year ending March 2026, net sales were JPY 234,376 million (8.0% decrease YoY), operating income was JPY 7,442 million (32.1% decrease YoY), and net income attributable to owners of parent for the quarter was JPY 6,289 million (29.5% decrease YoY)
Key Figures
- Net Sales: JPY 234,376 million (8.0% decrease YoY)
- Operating Income: JPY 7,442 million (32.1% decrease YoY)
- Net Income Attributable to Owners of Parent for the Quarter: JPY 6,289 million (29.5% decrease YoY)
AI要約
Summary of Business Results
For the cumulative consolidated period of the third quarter of the fiscal year ending March 2026, net sales were JPY 234,376 million (8.0% decrease YoY), and operating income was JPY 7,442 million (32.1% decrease YoY). Ordinary income was JPY 9,584 million (22.4% decrease YoY), and net income attributable to owners of parent for the quarter was JPY 6,289 million (29.5% decrease YoY), resulting in decreased profits. Factors impacting performance include semiconductor shortages in North America, cyberattacks in Europe, natural disasters in South America, as well as exchange rate fluctuations and increased labor costs due to inflation.
Trends by Segment
Net sales and operating income decreased across all segments including Japan, North America, Europe, Asia, China, and South America. Particularly in North America, a decline in production volume by major customers significantly affected performance, resulting in a 40.0% year-over-year decrease in operating income. The China segment experienced an operating loss expansion due to production cuts. Additionally, amortization expenses associated with the launch of a new plant put pressure on profits in the Japan segment.
Overview of Financial Position and Earnings Forecast
Total assets increased by JPY 38,246 million from the previous consolidated fiscal year-end to JPY 359,633 million, total liabilities increased by JPY 20,976 million to JPY 130,005 million, and total net assets rose by JPY 17,270 million to JPY 229,628 million. The increase in net assets was mainly driven by growth in the foreign currency translation adjustment account. The consolidated full-year earnings forecast for the fiscal year ending March 2026 remains unchanged from the previous announcement, projecting net sales of JPY 320,000 million (5.7% decrease YoY), operating income of JPY 14,200 million (13.3% decrease YoY), and net income attributable to owners of parent of JPY 10,000 million (19.6% decrease YoY).
