JVC Kenwood Financial Results Presentation Q3 FY2026 (IFRS)

Overview of Results

Cumulative revenue for Q3 FY2026 was 258.6 billion yen, down 4.4% year-over-year. Operating income declined 28.3% to 13.3 billion yen, and operating profit decreased 11.4% to 14.9 billion yen. Main factors include parts supply shortages for the Safety & Security wireless systems in the commercial market, and the impact of US tariff measures affecting the Mobility & Telematics and Entertainment Solutions media businesses. In the Mobility & Telematics segment, overseas OEM ASK remained strong; however, JKHL and the aftermarket were affected by tariffs. The Safety & Security segment saw recovery in sales to the North American public safety market, but sales opportunities were lost due to supply delays in the commercial market. The Entertainment Solutions segment’s media business was also impacted by tariffs.

Full-Year Earnings Guidance and Outlook

The full-year earnings guidance for FY2026 remains unchanged, with revenue expected at 360.0 billion yen and operating income projected at 21.0 billion yen. Although decreased sales of the Safety & Security wireless systems in the commercial market are expected to persist into Q4, continued strong sales in the North American public safety market as well as solid performance in the Mobility & Telematics and Entertainment Solutions segments support maintaining the full-year forecast. ROE is projected at 11.7%.