Sanken Electric Co., Ltd.
Fiscal Year Ending March 2026 Q3 Financial Summary [Japanese GAAP] (Consolidated)
For the third quarter of the fiscal year ending March 2026, consolidated net sales were 59,157 million yen, down 38.4% year-over-year (YoY). Operating loss was 1,746 million yen, and net loss attributable to owners of the parent for the quarter was 3,518 million yen.
Key Figures
- Net Sales: 59,157 million yen (38.4% decrease YoY)
- Operating Income: △1,746 million yen (previous year same period: △5,424 million yen)
- Net Income Attributable to Owners of Parent for the Quarter: △3,518 million yen (previous year same period: net income of 51,171 million yen)
AI要約
Performance Overview
Consolidated net sales for the cumulative third quarter of the fiscal year ending March 2026 were 59,157 million yen, a 38.4% decrease YoY. The main factors were the exclusion of subsidiary Allegro MicroSystems, Inc. from consolidation due to becoming an equity-method affiliate and a decline in market share in China’s white goods sector. Operating loss was 1,746 million yen, ordinary loss was 3,047 million yen, and net loss attributable to owners of the parent for the quarter was 3,518 million yen. While cost reductions and production restructuring had positive effects, the impact of rising raw material prices and reduced sales was significant.
Capital Policy and Future Outlook
The share buyback was conducted from December 2024 and completed in September 2025, with 4.17 million shares acquired at a total cost of 29.9 billion yen. The repurchased shares were cancelled on October 3, 2025. The number of shares outstanding decreased accordingly, along with reductions in capital surplus and retained earnings. Full-year earnings guidance for fiscal year ending March 2026 forecasts net sales of 78.8 billion yen (35.2% decrease YoY), operating loss of 6 billion yen, ordinary loss of 8.3 billion yen, and net loss attributable to owners of the parent of 9.7 billion yen.
