Interim report
Page 1
Note : This document has been translated from the Japanese original for reference purposes only . In the event of any discrepancy between this translated document and the Japanese original , the original shall prevail . Consolidated Financial Results for the Three Months Ended June 30 , 2026 ( Under Japanese GAAP ) Company name : Hosiden Corporation Listing : Tokyo Stock Exchange Securities code : 6804 URL : https://www.hosiden.com/index.html Representative : Kenji Furuhashi , President and CEO Inquiries : Tadamichi Tani , General Manager of President Office Telephone : + 81-72-993-1010 Scheduled date to commence dividend payments : - Preparation of supplementary material on financial results : Yes Holding of financial results briefing : None August 7 , 2026 ( Yen amounts are rounded down to millions , unless otherwise noted . ) FASF Three months ended June 30 , 2026 Net sales Millions of yen % 98,130 June 30 , 2025 116,340 ( 15.7 ) 101.0 Operating profit Millions of yen 4,422 2,391 1. Consolidated financial results for the three months ended June 30 , 2026 ( from April 1 , 2026 to June 30 , 2026 ) ( 1 ) Consolidated operating results ( cumulative ) ( Percentages indicate year - on - year changes . ) Profit attributable to owners of parent % 84.9 ( 45.5 ) Ordinary profit Millions of yen 5,475 1,956 % 179.8 ( 63.7 ) Millions of yen 3,636 1,313 % 176.8 ( 64.2 ) Note : Comprehensive income For the three months ended June 30 , 2026 : For the three months ended June 30 , 2025 : ¥ 7,375 million [ 1,130.8 % ] ¥ 599 million [ ( 89.3 ) % ] Basic earnings per share Three months ended Yen June 30 , 2026 73.87 25.82 June 30 , 2025 ( 2 ) Consolidated financial position As of June 30 , 2026 March 31 , 2026 Reference : Equity Diluted earnings per share Yen 68.58 24.00 Total assets Net assets Millions of yen 231,456 215,281 Millions of yen Equity - to - asset ratio 154,023 % 66.5 150,243 69.8 ¥ 154,023 million ¥ 150,243 million As of June 30 , 2026 : As of March 31 , 2026 :
Page 2
2. Cash dividends Annual dividends per share First quarter-end Second quarter-end Third quarter-end Fiscal year-end Total Yen Yen Yen Yen Yen Fiscal year ended - 25.00 - 73.00 98.00 March 31, 2026 Fiscal year ending - March 31, 2027 Fiscal year ending March 31, 2027 (Forecast) 39.00 - 38.00 77.00 Note: Revisions to the forecast of cash dividends most recently announced: None 3. Consolidated financial result forecasts for the fiscal year ending March 31, 2027 (from April 1, 2026 to March 31, 2027) (Percentages indicate year-on-year changes.) Net sales Operating profit Ordinary profit Profit attributable to owners of parent Basic earnings per share Millions of yen % Millions of yen % Millions of yen % Millions of yen % Yen Six months ending September 30, 2026 238,000 (3.0) 9,600 18.5 9,100 (5.1) 6,400 4.8 130.00 Full year 436,000 (2.7) 18,000 (6.4) 18,000 (27.0) 12,500 (22.9) 253.90 Note: Revisions to the financial result forecast most recently announced: None Financial results forecasts are based on the assumption of a foreign exchange rate of 155 yen per U.S. dollar. * Notes (1) Significant changes in the scope of consolidation during the period: Yes Newly included: - companies( ) Excluded: One company( Hosiden Electronics (Shanghai)Co., Ltd. ) (2) Adoption of accounting treatment specific to the preparation of quarterly consolidated financial statements: None (3) Changes in accounting policies, changes in accounting estimates, and restatement (i) Changes in accounting policies due to revisions to accounting standards and other regulations: None (ii) Changes in accounting policies due to other reasons: None (iii) Changes in accounting estimates: None (iv) Restatement: None (4) Number of issued shares (common shares) (i) Total number of issued shares at the end of the period (including treasury shares) As of June 30, 2026 58,502,584 shares As of March 31, 2026 58,502,584 shares (ii) Number of treasury shares at the end of the period As of June 30, 2026 9,270,187 shares As of March 31, 2026 9,269,912 shares (iii) Average number of shares outstanding during the period (cumulative from the beginning of the fiscal year) Three months ended June 30, 2026 49,232,404 shares Three months ended June 30, 2025 50,887,743 shares Notes: 1. Review of the Japanese-language originals of the attached consolidated quarterly financial statements by certified public accountants or an audit firm: None.
Page 3
2 Explanation on proper use of earnings forecasts, and other special matters The forward-looking statements about the future financial results of this document are future forecasts based on the judgment of Hosiden Corporation (the “Company”) taking into account the information currently available, and the Company does not intend to make a warranty of their achievement. These forward-looking statements contain various potential risks and uncertainties, and actual results may be materially different from the forward-looking statements due to various material factors. Therefore, the Company asks not to depend highly on these forward-looking statements. (Means of access to supplementary material on financial results) The materials will be available on the Company’s website.
Page 4
Hosiden Corporation (6804) Consolidated Financial Results for the First Three Months Ended June 30, 2026 ―1― Contents of the attachment Index 1. Qualitative information regarding financial results for the first three months ended June 30, 2026 ........2 (1) Explanation of operating results .........................................................................................................2 (2) Explanation of financial position ........................................................................................................2 (3) Information regarding consolidated earnings forecasts and other forward-looking statements ..........3 2. Quarterly consolidated financial statements and significant notes thereto ................................................4 (1) Quarterly consolidated balance sheets ................................................................................................4 (2) Quarterly consolidated statements of income and comprehensive income .........................................6 (3) Quarterly consolidated statements of cash flows ................................................................................8 (4) Notes to quarterly consolidated financial statements ..........................................................................9 Notes on going concern assumption ...................................................................................................9 Notes on significant changes in the amount of shareholders’ equity ..................................................9 Notes on additional information .........................................................................................................9 Segment information, etc. ...................................................................................................................9 Signigicant subsequent events. ...........................................................................................................9
Page 5
Hosiden Corporation (6804) Consolidated Financial Results for the First Three Months Ended June 30, 2026 ―2― 1. Qualitative information regarding financial results for the first three months ended June 30, 2026 (1) Explanation of operating results During the first three months of the fiscal year ending March 31, 2026 (from April 2026 to June 2026), the global economy have been moving with ups and downs depending on the region due to rising tensions in the Middle East and increasing uncertainty around trade policies in various countries. In the United States, capital investment, especially in AI-related sectors, remained strong, and the economy held steady. On the other hand, the European economy was sluggish due to rising prices and growing uncertainty about the future. In China, the economy continued to slow down due to stagnant personal consumption, a weak real estate market, and sluggish growth in capital investment. Japan's economy saw some recovery in personal consumption and exports, but economic conditions remained uncertain due to the impact of rising prices. In the electronic component industry to which the Company group (the “Group”) belongs, the automotive- related market showed solid demand for automotive electronic components, driven by the progress of car electrification and the increase in vehicles equipped with ADAS. Meanwhile, in the mobile communications- related market, the business environment remained tough, partly because demand in the Chinese market continued to be weak. Under these circumstances, although sales to the automotive-related business increased, net sales decreased overall due to lower sales to customers in the amusement-related business and mobile communications-related business. In terms of profit, despite the decrease in sales, ordinary profit increased year on year, primarily because the weaker yen at the end of the first quarter resulted in foreign exchange gains, compared with foreign exchange losses recorded in the same period of the previous year. As a result, during the period under review, the Group posted consolidated net sales of 98,130 million yen (down 15.7% year on year), operating profit of 4,422 million yen (up 84.9% year on year), ordinary profit of 5,475 million yen (up 179.8% year on year) with foreign exchange gains of 642 million yen in line with foreign exchange fluctuations, and profit attributable to owners of parent of 3,636 million yen (up 176.8% year on year). The net sales and segment profit or loss for the reportable segments are as follows: Net sales for the electro-mechanical components segment was 89,355 million yen (down 16.9% year on year) due to decreases in the amusement-related business and the mobile communications-related business despite of an increase in the automotive-related business, while segment profit was 4,249 million yen (up 206.0% year on year) primarily because the impact of the sharp appreciation of the yen, which had reduced operating profit in the same period of the previous fiscal year, was absent during the first quarter of the current fiscal year. Net sales for the acoustic components segment was 5,326 million yen (up 7.4% year on year) due to an increase in the automotive-related business despite of a decrease in the mobile communications-related business, while the segment profit was 112 million yen (down 84.4% year on year) due to a decrease in sales for A V equipment-related business, which generally has a relatively good profit margin. Net sales for the applied equipment and other segment was 3,448 million yen (down 11.5% year on year) due to a decrease in the amusement-related business, and the segment profit was 59 million yen (down 78.6% year on year). (2) Explanation of financial position Assets, liabilities, and net assets At the end of the first quarter of the fiscal year ending March 31, 2027, total assets increased 16,174 million yen from the end of the previous fiscal year to 231,456 million yen mainly due to an increase in trade receivables, inventories, and investment securities despite a decrease in cash and deposits. Total liabilities increased 12,394 million yen from the end of the previous fiscal year to 77,432 million yen mainly due to an increase in trade payables despite a decrease in income taxes payable.
Page 6
Hosiden Corporation (6804) Consolidated Financial Results for the First Three Months Ended June 30, 2026 ―3― Net assets increased 3,780 million yen from the end of the previous fiscal year to 154,023 million yen mainly due to an increase in valuation difference on available-for-sale securities, resulting in an equity-to-asset ratio of 66.5%. Cash flows At the end of the quarter under review, cash and cash equivalents decreased 23,646 million yen from the end of the previous fiscal year to 42,404 million yen. Net cash used in operating activities in the period under review was 18,715 million yen. This was mainly due to profit before income taxes of 5,529 million yen, an increase in trade receivables of 30,279 million yen, an increase in inventories of 4,339 million yen, an increase in trade payables of 16,019 million yen, and income taxes paid of 6,015 million yen. Net cash used in investing activities was 1,548 million yen. This was mainly due to expenditures of 3,366 million yen from the deposit of term deposits, income of 3,360 million yen from the withdrawal of term deposits, and expenditures of 1,593 million yen from the acquisition of tangible fixed assets. Net cash used in financing activities was 3,614 million yen. This was mainly due to a decrease in dividends paid of 3,593 million yen. (3) Information regarding consolidated earnings forecasts and other forward-looking statements No change has been made to the consolidated financial forecast for the six months ending September 30, 2026 and the fiscal year ending March 31,2026 from the“Consolidated Financial Results for the Fiscal Year Ended March 31,2026”announced on May 8, 2026. Financial results forecasts are based on the assumption of a foreign exchange rate of 155 yen per U.S. dollar.
Page 7
Hosiden Corporation (6804) Consolidated Financial Results for the First Three Months Ended June 30, 2026 ―4― 2. Quarterly Consolidated Financial Statements and Primary Notes (1) Quarterly Consolidated Balance Sheet (Millions of yen) As of March 31, 2026 As of June 30, 2026 Assets Current assets Cash and deposits 77,685 54,100 Accounts receivable - trade 25,813 56,260 Electronically recorded monetary claims - operating 1,022 999 Securities 697 698 Merchandise and finished goods 7,676 6,795 Work in process 4,478 5,396 Raw materials and supplies 57,628 62,167 Other 6,638 6,000 Allowance for doubtful accounts (176) (179) Total current assets 181,466 192,240 Non-current assets Property, plant and equipment 21,516 22,224 Intangible assets 699 678 Investments and other assets Investment securities 8,079 12,836 Retirement benefit asset 2,148 2,156 Other 1,638 1,586 Allowance for doubtful accounts (267) (267) Total investments and other assets 11,599 16,312 Total non-current assets 33,815 39,215 Total assets 215,281 231,456
Page 8
Hosiden Corporation (6804) Consolidated Financial Results for the First Three Months Ended June 30, 2026 ―5― (Millions of yen) As of March 31, 2026 As of June 30, 2026 Liabilities Current liabilities Accounts payable - trade 33,338 50,208 Electronically recorded obligations - operating 1,252 618 Income taxes payable 6,322 1,769 Provision for loss on liquidation of subsidiaries and associates 766 22 Other 7,245 6,844 Total current liabilities 48,924 59,463 Non-current liabilities Bonds with share acquisition rights 10,161 10,154 Retirement benefit liability 2,278 2,255 Other 3,672 5,558 Total non-current liabilities 16,113 17,968 Total liabilities 65,038 77,432 Net assets Shareholders' equity Share capital 13,660 13,660 Capital surplus 19,596 19,596 Retained earnings 122,641 122,684 Treasury shares (14,063) (14,064) Total shareholders' equity 141,835 141,877 Accumulated other comprehensive income Valuation difference on available-for-sale securities 4,758 8,021 Foreign currency translation adjustment 2,560 3,127 Remeasurements of defined benefit plans 1,089 997 Total accumulated other comprehensive income 8,408 12,146 Total net assets 150,243 154,023 Total liabilities and net assets 215,281 231,456
Page 9
Hosiden Corporation (6804) Consolidated Financial Results for the First Three Months Ended June 30, 2026 ―6― (2) Quarterly Consolidated Statements of Income and Comprehensive Income (Millions of yen) For the three months ended June 30, 2025 For the three months ended June 30, 2026 Net sales 116,340 98,130 Cost of sales 111,578 91,112 Gross profit 4,762 7,017 Selling, general and administrative expenses 2,370 2,595 Operating profit 2,391 4,422 Non-operating income Interest income 197 293 Dividend income 82 103 Foreign exchange gains - 642 Other 18 20 Total non-operating income 299 1,059 Non-operating expenses Interest expenses 12 6 Foreign exchange losses 720 - Other 0 0 Total non-operating expenses 733 6 Ordinary profit 1,956 5,475 Extraordinary income Gain on sale of non-current assets 2 6 Gain on sale of investment securities - 46 Total extraordinary income 2 53 Extraordinary losses Loss on sale and retirement of non-current assets 0 0 Total extraordinary losses 0 0 Profit before income taxes 1,958 5,529 Income taxes - current 495 1,376 Income taxes - deferred 149 516 Total income taxes 645 1,892 Profit 1,313 3,636 Profit attributable to non-controlling interests - - Profit attributable to owners of parent 1,313 3,636
Page 10
Hosiden Corporation (6804) Consolidated Financial Results for the First Three Months Ended June 30, 2026 ―7― Quarterly Consolidated Statements of Income and Comprehensive Income (Millions of yen) For the three months ended June 30, 2025 For the three months ended June 30, 2026 Profit 1,313 3,636 Other comprehensive income Valuation difference on available-for-sale securities 127 3,263 Foreign currency translation adjustment (761) 567 Remeasurements of defined benefit plans, net of tax (80) (92) Total other comprehensive income (714) 3,738 Comprehensive income 599 7,375 Comprehensive income attributable to Comprehensive income attributable to owners of parent 599 7,375 Comprehensive income attributable to non-controlling interests - -
Page 11
Hosiden Corporation (6804) Consolidated Financial Results for the First Three Months Ended June 30, 2026 ―8― (3) Quarterly Consolidated Statement of Cash Flows (Millions of yen) For the three months ended June 30, 2025 For the three months ended June 30, 2026 Cash flows from operating activities Profit before income taxes 1,958 5,529 Depreciation 1,058 998 Increase (decrease) in provision for loss on liquidation of subsidiaries and associates - (743) Decrease (increase) in trade receivables (21,696) (30,279) Decrease (increase) in inventories 7,565 (4,339) Decrease (increase) in operating accounts receivable 151 (230) Increase (decrease) in trade payables 6,985 16,019 Other, net (124) 49 Subtotal (4,101) (12,996) Interest and dividends received 285 301 Interest paid (11) (5) Income taxes paid (1,787) (6,015) Net cash provided by (used in) operating activities (5,614) (18,715) Cash flows from investing activities Payments into time deposits (3,366) (3,360) Proceeds from withdrawal of time deposits 6,868 3,360 Income from refund of long-term deposits 3,500 - Purchase of property, plant and equipment (1,452) (1,593) Other, net (73) 44 Net cash provided by (used in) investing activities 5,476 (1,548) Cash flows from financing activities Purchase of treasury shares - (0) Dividends paid (2,035) (3,593) Other, net (19) (19) Net cash provided by (used in) financing activities (2,054) (3,614) Effect of exchange rate change on cash and cash equivalents (206) 233 Net increase (decrease) in cash and cash equivalents (2,399) (23,646) Cash and cash equivalents at beginning of period 46,769 66,050 Cash and cash equivalents at end of period 44,369 42,404
Page 12
Hosiden Corporation (6804) Consolidated Financial Results for the First Three Months Ended June 30, 2026 ―9― (4) Notes to quarterly consolidated financial statements Notes on going concern assumption None applicable. Notes on significant changes in the amount of shareholders’ equity None applicable Notes on additional information The Company decided to sell all shares its consolidated subsidiary, China Hosiden Co., Ltd and a share transfer agreement was concluded on December 31,2025. China Hosiden Co., Ltd, stopped production on March 28, 2026, and is proceeding with procedures for equity transfer, but the sale of equity shares is expected after August 2026. In addition, selling price is 25 million RMB and the profit and loss is currently being calculated. Segment information, etc. Segment information I The first three months ended June 30, 2025 (from April 1, 2025 to June 30, 2025) 1. Net sales, and profit by reportable segment (Millions of yen) Reportable segments Adjustments Amounts in quarterly consolidated statements of income Electro- mechanical components Acoustic components Applied equipment and other Total Net sales Sales to unaffiliated customers 107,487 4,957 3,895 116,340 – 116,340 Inter-segment sales and transfers – – – – – – Total 107,487 4,957 3,895 116,340 – 116,340 Segment profit 1,388 722 280 2,391 – 2,391 Note: The total amount of segment profit is equal to the operating profit in the quarterly consolidated statements of income 2. Changes in reporting segments Due to a partial change in the performance management classifications of our group, the group reviewed the segment classification of some products. Also, the segment information for the first three months ended June 30, 2025 has been presented based on the revised classification method. II The first three months ended June 30, 2026 (from April 1, 2026 to June 30, 2026) Net sales, and profit by reportable segment (Millions of yen) Reportable segments Adjustments Amounts in quarterly consolidated statements of income Electro- mechanical components Acoustic components Applied equipment and other Total Net sales Sales to unaffiliated customers 89,355 5,326 3,448 98,130 – 98,130 Inter-segment sales and transfers – – – – – – Total 89,355 5,326 3,448 98,130 – 98,130 Segment profit 4,249 112 59 4,422 – 4,422 Note: The total amount of segment profit is equal to the operating profit in the quarterly consolidated statements of income. Significant subsequent events None applicable