Canare Electric (5819) investor relations material

Executive summary

• 9M FY2026 revenue was ¥9,796 million, down ¥4 million YoY; operating profit fell 3.1% to ¥1,311 million and net income fell 1.1% to ¥969 million.

• Overseas growth, including currency translation effects, was offset by weaker domestic sales, particularly broadcasting; higher material costs and investment spending pressured earnings.

• Priorities included strengthening domestic business, developing automotive and machine-vision markets, offering customized solutions, and expanding overseas sales.

Financial highlights

• Revenue was ¥9,796 million versus ¥9,800 million a year earlier; gross profit was ¥4,203.7 million versus ¥4,247.3 million.

• Operating profit was ¥1,311 million versus ¥1,353 million; ordinary profit was ¥1,375 million versus ¥1,419 million; parent-attributable net income was ¥969 million versus ¥980 million.

• Comprehensive income was ¥1,155.8 million versus ¥969.1 million in 9M FY2025, supported by other comprehensive income, including foreign-currency translation adjustments.

Outlook and guidance

• FY2026 guidance unchanged: revenue ¥13,200 million (+0.6% YoY), operating profit ¥1,480 million (-6.4%), ordinary profit ¥1,630 million (-2.8%), and net income ¥1,180 million (-1.7%).

• Forecast EPS is ¥172.68 versus ¥175.74 in FY2025; 9M results were trending above expectations partly due to U.S. tariff refunds, but full-year guidance was retained.

• Forecasts are based on currently available information and remain subject to risks and uncertainties that could cause actual results to differ.