Shindengen Electric Manufacturing Co.,Ltd.
Supplementary Materials for Q2 FY2027
On a consolidated basis for Q2 FY2027, net sales increased year-on-year, but operating income decreased due to higher raw material costs and increased labor expenses. Contributions expanded in power devices and power units; costs were recorded related to discontinuation of EV charger sales. Foreign exchange impacts were also recorded. The company indicated intentions to reorganize EV-related businesses.
Key Figures
- Net Sales: 60,613 million yen (Year-over-Year +11.7%)
- Operating Income: 1,243 million yen (Year-over-Year -46.3%)
- Net Income Attributable to Owners of Parent: 640 million yen (Year-over-Year -73.6%)
AI要約
Performance Overview
For Q2 FY2027, the company recorded a consolidated transaction exchange rate of 160.50 yen. Net sales amounted to 60,613 million yen, up 11.7% year-over-year; however, operating income declined significantly due to soaring material costs and increased labor costs. While growth in power devices and power units contributed to higher sales, overall results were profit-declining. Foreign exchange losses were recorded. A special loss was also recorded in connection with the discontinuation of EV charger sales.
Outlook, Assets and Reorganization
As part of changes to the EV-related business structure, the company suggested reallocations and reviews including discontinuation of EV charger sales, and intends to continue reassessing market outlooks. Local sales in the motorcycle market remain firm, but overall results are expected to be affected by rising costs. The company will monitor exchange rate fluctuations and customer investment trends.
Shindengen Electric Manufacturing Co.,Ltd.
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