Casio Computer Co (6952) Q4 2026 earnings summary

Executive summary

• Net sales rose 5.5% year-over-year to JPY 276.3 billion for the fiscal year ended March 31, 2026, with operating profit up 62.1% to JPY 23.1 billion and profit attributable to owners of parent up 126% to JPY 18.2 billion.

• Achieved a turnaround to growth, driven by strong performance in the Timepiece Business and improved profitability across core segments, especially G-SHOCK and Casio Watch.

• Comprehensive income surged to JPY 31.5 billion from JPY 2.5 billion year-over-year, reflecting improved profitability and favorable foreign currency effects.

• Both sales and profits exceeded the full-year forecast announced in January.

• The company is launching a new three-year midterm management plan aiming for sustainable growth, maximizing corporate value by 2030, and focusing on high-growth regions.

Financial highlights

• Operating profit margin improved to 8.4% from 5.4% year-over-year; Q4 OP margin was 7.2%.

• EPS increased to JPY 80.05 from JPY 35.22 year-over-year; Q4 EPS was JPY 12.4.

• ROE improved to 8.0% from 3.6% the previous year.

• Equity ratio stood at 66.9%, with net assets per share at JPY 1,045.90.

• Cash and cash equivalents at year-end were JPY 150.7 billion, up from JPY 140.4 billion.

Outlook and guidance

• FY ending March 2027 targets: net sales JPY 295 billion, operating profit JPY 26 billion, OP margin 8.8%, profit attributable to owners of parent JPY 18.5 billion, EPS JPY 82.28.

• Final year (FY ending March 2029) targets: net sales JPY 315 billion, operating profit JPY 35 billion, OP margin 11.1%, ROE over 10%, ROIC about 9%.

• Medium-Term Management Plan focuses on core business growth, profit base solidification, and sustainable growth foundations.

• Exchange rate assumptions: US$1 = JPY 155, €1 = JPY 180.

• Plans to address rising costs via price increases and operational measures.