Sanken Electric Co., Ltd.
Fiscal Year Ending March 2026 Q3 Financial Supplementary Materials (Market Environment)
For the cumulative Q3 of the fiscal year ending March 2026, net sales amounted to 59.2 billion yen, down year-over-year. Operating income was -1.7 billion yen, and net income attributable to owners of parent was -3.5 billion yen. Full-year forecast expects net sales of 78.8 billion yen and net income attributable to owners of parent of -9.7 billion yen.
Key Figures
- Net Sales (Cumulative Q3): 59.2 billion yen
- Operating Income (Cumulative Q3): -1.7 billion yen
- Net Income Attributable to Owners of Parent (Cumulative Q3): -3.5 billion yen
AI要約
Business Performance Overview
For the cumulative Q3 of the fiscal year ending March 2026, net sales amounted to 59.2 billion yen, a decline from 96.1 billion yen in the same period last year. By segment, sales of Sanken Core were 57.6 billion yen, down 13% year-over-year. Operating income was -1.7 billion yen, resulting in a net loss attributable to owners of parent of -3.5 billion yen. Special gains included 1.2 billion yen from fixed asset sales and 1.9 billion yen from equity method changes, offset by a special loss of 2.4 billion yen from retirement benefits. The full-year earnings forecast anticipates net sales of 78.8 billion yen, operating loss of 6 billion yen, and net loss attributable to owners of parent of 9.7 billion yen.
Market Environment and Financial Condition
Global economic uncertainty and the slowdown in China’s economic growth are impacting investment and consumer activity. In the automotive market, due to the progress of the EV chasm, HEV/ICE demand remains steady, with expected increased demand for the company's IPM-equipped high-voltage auxiliary systems. In the white goods market, adoption of IPMs is expanding in China, Korea, and India. Financially, the company maintains a sound financial structure with an equity ratio of 51.3% and a D/E ratio of 0.63x.
