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Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-05-13","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/05\/1948-20260513-01.pdf","jir_short_summary":"Sales of \u00a544,234 million (up 12.7% YoY), Operating Income of \u00a53,893 million (up 26.3%), Net Income Attributable to Owners of Parent of \u00a52,832 million (up 3.4%) were recorded.","jir_summary":"### Performance Summary\nFor the fiscal year ending March 2026, the consolidated financial results show sales of \u00a544,234 million (up 12.7% YoY), operating income of \u00a53,893 million (up 26.3%), ordinary income of \u00a54,015 million (up 26.7%), and net income attributable to owners of the parent of \u00a52,832 million (up 3.4%), achieving revenue and profit growth. The increase in sales is mainly due to higher electrical equipment construction sales and gross profit improvements through cost reduction measures. Segments show electrical equipment construction of \u00a535,474 million (up 17.0% YoY) and product sales of \u00a58,759 million (down 2.1%).\n\n### Financial Position and Cash Flows\nTotal assets amounted to \u00a539,202 million (up 17.5% YoY), net assets \u00a525,182 million (up 14.9%). The equity ratio slightly decreased to 63.8% from 65.3%. Cash flows from operating activities rose significantly to \u00a53,350 million, while cash flows from investing activities decreased \u00a52,251 million, and cash flows from financing activities decreased \u00a5891 million. The balance of cash and cash equivalents at the end of the period was \u00a5892 million.\n\n### Dividend Policy\nFor FY2026 March, the total annual dividend is \u00a5100 (\u00a545 for the 2nd quarter, \u00a555 for the year-end), representing an increase from the previous year's \u00a584. The payout ratio is 30.8%, and the dividend yield based on net assets is 3.7%. The dividend forecast for FY2027 March is \u00a5100 (\u00a550 for the 2nd quarter, \u00a550 for year-end).\n\n### Earnings Forecast for FY2027 March\nThe consolidated earnings forecast for FY2027 March projects sales of \u00a545,000 million (up 1.7% YoY), operating income of \u00a53,600 million (down 7.5%), ordinary income of \u00a53,650 million (down 9.1%), and net income attributable to owners of the parent of \u00a52,400 million (down 15.3%). Sales are expected to increase due to larger order intake, but profits are forecasted to decline.\n\n### Progress on Mid-term Management Plan\nIn the revised mid-term management plan for FY2024\u20132026, the company has entered the second year of Phase 1, achieving the targets of operating income over \u00a53 billion, net income over \u00a52 billion, and ROE over 10%. The continued goals beyond FY2027 are also surpassing results. Focus areas include carbon neutrality, creating a safe, secure, and comfortable society, and leveraging high value-added solutions to enhance corporate value.","jir_financial_highlights":"Sales: \u00a544,234 million (Up 12.7% YoY)\nOperating Income: \u00a53,893 million (Up 26.3% YoY)\nOrdinary Income: \u00a54,015 million (Up 26.7% YoY)\nNet Income Attributable to Owners of Parent: \u00a52,832 million (Up 3.4% YoY)\nDividends (FY2026 March): Annual \u00a5100 (Year-end \u00a555, 2nd Quarter \u00a545) (Increased from previous year)\nEquity Ratio: 63.8% (Slight decrease from previous year (65.3% \u2192 63.8%))\nNumber of Issued Shares (Common Stock): 8,970,000 shares (No change from previous year)","jir_category":"","jir_hashtags":"#Kodenosha, #FinancialSummary, #JapaneseStocks","jir_key_figures":"Sales: \u00a544,234 million (up 12.7% YoY)\nOperating Income: \u00a53,893 million (up 26.3% YoY)\nNet Income Attributable to Owners of Parent: \u00a52,832 million (up 3.4% YoY)","jir_meta_title":"\u3010Kodenosha Co., Ltd.\u3011 FY2026 March Financial Results\uff5cSales \u00a544.2 billion (YoY +12.7%)","jir_meta_description":"Kodenosha's FY2026 March financial summary. Sales \u00a544.234 billion (up 12.7%), operating income \u00a53.893 billion (up 26.3%), and dividends increased to \u00a5100 annually.","jir_og_title":"\u3010Kodenosha Co., Ltd.\u3011 FY2026 March Financial Results\uff5cSales \u00a544.2 billion (+12.7%)","jir_og_description":"Kodenosha's FY2026 March financial summary. Achieved revenue and profit growth, with increased dividends. 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