Yokowo Co., Ltd.
Financial Summary for the Third Quarter of Fiscal Year Ending March 2026 [Japanese GAAP] (Consolidated)
For the third quarter of the fiscal year ending March 2026, net sales were JPY 66,057 million (6.8% increase YoY), operating income was JPY 3,265 million (5.3% increase YoY), and net income attributable to owners of the parent was JPY 2,361 million (7.6% decrease YoY).
Key Figures
- Net Sales: 66,057 million JPY (6.8% increase YoY)
- Operating Income: 3,265 million JPY (5.3% increase YoY)
- Net Income Attributable to Owners of Parent: 2,361 million JPY (7.6% decrease YoY)
- Equity Ratio: 66.3% (1.8 points decrease YoY)
- Annual Dividend (Forecast): 52 yen (4 yen increase YoY)
- Full-year Net Sales Forecast: 89,000 million JPY (1,500 million JPY increase from previous forecast, +1.7%)
- Full-year Operating Income Forecast: 4,500 million JPY (500 million JPY increase from previous forecast, +12.5%)
- Full-year Ordinary Income Forecast: 4,650 million JPY (1,000 million JPY increase from previous forecast, +27.4%)
AI要約
Overview of Financial Performance
For the cumulative third quarter of the fiscal year ending March 2026, net sales reached JPY 66,057 million (6.8% increase YoY), driven by increased revenue contributions from both the CTC and Incubation Center segments. Operating income was JPY 3,265 million (5.3% increase YoY). Ordinary income was JPY 3,621 million (2.5% decrease YoY), impacted by foreign exchange gains of JPY 228 million. Net income attributable to owners of the parent was JPY 2,361 million (7.6% decrease YoY), reflecting gains from negative goodwill associated with the transfer of the network solutions business of Koha and special profits.
Segment Performance
The VCCS segment experienced changes in the sales environment due to U.S. tariff policies but maintained stable orders with net sales of JPY 41,518 million (0.7% decrease YoY). The CTC segment saw an increase in demand for semiconductor test sockets and probe cards, resulting in net sales of JPY 14,387 million (25.8% increase YoY) and higher profits. The FC・MD segment recorded net sales of JPY 8,300 million (0.9% decrease YoY), supported by growth expectations in the mobile communications terminal market. The Incubation Center expanded sales of IoT smart antenna technology, achieving net sales of JPY 1,847 million (746.0% increase YoY), though it posted a loss of JPY 631 million on investments.
Financial Position and Dividend
Total assets stood at JPY 83,824 million, net assets at JPY 55,711 million, and equity ratio at 66.3% (1.8 points decrease YoY). An annual dividend of 52 yen is forecasted, an increase of 4 yen compared to the previous fiscal year.
Revision of Full-year Earnings Guidance
Full-year net sales for the fiscal year ending March 2026 have been revised upward to JPY 89,000 million (an increase of JPY 1,500 million or 1.7% from the previous forecast), operating income to JPY 4,500 million (JPY 500 million or 12.5% increase), and ordinary income to JPY 4,650 million (JPY 1,000 million or 27.4% increase). This reflects the anticipated cost increases in the FC・MD segment and profit growth due to expanded test demand in the CTC segment. Net income attributable to owners of the parent is expected to be JPY 3,000 million.
