KINGSEMI (688037) Q3 2026 earnings summary

Executive summary

• Q3 revenue rose 55.56% YoY to ¥437.4 million; 9M revenue increased 34.73% to ¥1.334 billion, while reported losses widened and operating cash flow remained negative.

• New orders continued to grow, with deliveries and customer acceptance progressing; larger scale and lower government grant income pressured results.

Financial highlights

• Q3 attributable net loss was ¥63.1 million and adjusted net loss, excluding non-recurring items, was ¥75.4 million.

• 9M attributable net loss was ¥55.0 million versus ¥10.0 million a year earlier; total profit was a loss of ¥82.7 million versus ¥23.5 million.

• 9M adjusted net loss, excluding non-recurring items, was ¥120.5 million; non-recurring gains totaled ¥65.5 million.

• 9M operating costs totaled ¥1.539 billion, including ¥923.0 million in operating costs of revenue; costs rose as operating scale expanded.

Outlook and guidance

• New orders continued to increase, with delivery and acceptance activity progressing and supporting reported revenue growth; no quantified forward guidance was stated.