Tachibana Eletech (8159) Q2 2026 earnings summary

Executive summary

• Revenue for the first half of FY2026 was ¥103,120 million, down 3.4% year-over-year; operating income was ¥3,058 million, down 23.1%; ordinary income was ¥3,474 million, down 5.7%; net income attributable to shareholders was ¥2,689 million, down 4.6%.

• Market conditions remained uncertain due to global economic factors, with inventory adjustments impacting the FA Systems and Semiconductor Device segments.

• The company continued to invest in DX, talent acquisition, and overseas expansion, particularly in India.

Financial highlights

• Gross profit for the period was ¥13,508 million, down from ¥14,382 million year-over-year.

• Comprehensive income rose sharply to ¥5,923 million, up 116.1% year-over-year, mainly due to gains in other comprehensive income.

• Cash and cash equivalents at period-end were ¥19,644 million, a decrease of ¥777 million from the previous fiscal year-end.

Outlook and guidance

• Full-year revenue forecast is ¥225,000 million (+2.2% YoY), with operating income of ¥7,500 million (–8.8%), ordinary income of ¥8,000 million (–7.9%), and net income attributable to shareholders of ¥5,500 million (–21.9%).

• No changes have been made to the previously announced earnings forecast.