Chofu Seisakusho (5946) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 FY2026 was ¥11,137 million, up 1.5% year-over-year, driven by strong air conditioning equipment sales despite weak housing starts and challenging market conditions.

• Operating profit surged 117.2% year-over-year to ¥537 million, reflecting successful cost reduction initiatives.

• Net income attributable to shareholders rose 44.0% year-over-year to ¥804 million.

Financial highlights

• Gross profit increased to ¥2,644 million from ¥2,360 million year-over-year.

• Operating profit was ¥537 million, up from ¥247 million in the prior year.

• Ordinary profit reached ¥1,149 million, a 34.9% increase year-over-year.

• Comprehensive income was ¥1,902 million, up sharply from ¥48 million a year ago, mainly due to gains in securities valuation.

• EPS for Q1 was ¥23.67, up from ¥16.43 in the prior year.

Outlook and guidance

• Full-year revenue forecast remains unchanged at ¥48,000 million, up 3.2% year-over-year.

• Full-year net income forecast is ¥3,800 million, up 74.7% year-over-year.

• No revisions to previously announced guidance.