Koito Manufacturing
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Koito Manufacturing (7276) investor relations material

Koito Manufacturing Q3 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q3 2026 earnings summary30 Jan, 2026

Executive summary

  • Net sales for the first nine months rose 2.2% year-over-year to ¥690.0 billion, driven by new orders in Japan and the Americas and steady performance in Asia, despite weaker sales in China.

  • Operating profit increased 11.8% year-over-year to ¥33.7 billion, and ordinary profit rose 14.3% to ¥39.1 billion, supported by higher sales volumes and efficiency improvements.

  • Profit attributable to owners of parent declined 21.1% year-over-year to ¥23.0 billion due to the absence of prior-year extraordinary income.

Financial highlights

  • Gross profit for the nine months was ¥78.1 billion, up from ¥67.8 billion year-over-year.

  • Net income per share for the period was ¥83.16, down from ¥97.74 in the previous year.

  • Comprehensive income surged 86.6% year-over-year to ¥64.7 billion, reflecting strong foreign currency translation adjustments.

  • Cash and cash equivalents at period-end increased by ¥69.4 billion to ¥170.7 billion.

Outlook and guidance

  • Full-year net sales are forecast to decrease 0.4% year-over-year to ¥913.0 billion, mainly due to FX impacts, production suspensions in the Americas, and continued sluggish sales in China.

  • Operating profit is expected to rise 0.3% year-over-year to ¥45.0 billion, with ordinary profit up 3.8% to ¥51.0 billion.

  • Profit attributable to owners of parent is projected to fall 39.4% year-over-year to ¥28.0 billion, reflecting the absence of extraordinary gains.

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Explain Americas segment operating profit decline
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Frequently asked questions

Koito Manufacturing Co. Ltd is a Japanese company specialized in the production and distribution of automotive lighting equipment, alongside a diverse range of other products such as aircraft parts, railway vehicle parts, electronic equipment, and road traffic control systems. Its comprehensive product lineup includes LED headlamps, halogen bulbs, discharge headlamps, and various other lighting solutions. Additionally, Koito offers forward monitoring operation support systems for advanced driver-assistance systems (ADAS) and has a strong focus on technological innovation in the automotive lighting industry. The company is headquartered in Minato-Ku, Tokyo, Japan, and its shares are listed on the Tokyo Stock Exchange.

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