Updated Mar 23, 2026 by Kaga Electronics Co.
Kaga Electronics experienced a significant profit decline in the first half of fiscal year 2012, with operating income falling 68.9% to 805 million yen and net income dropping 77.2% to 321 million yen.
Consolidated net sales decreased by 3.5% to 116,271 million yen, driven by global economic instability, a strong yen, and the aftermath of the Great East Japan Earthquake.
The electronic components segment, the company's largest business unit, saw a 5.8% decline in sales as manufacturers reduced production output.
The information equipment segment recorded an operating loss of 77 million yen despite a 9.1% increase in sales, due to compressed margins and rising expenses.
Operating cash flow shifted to a net outflow of 2,446 million yen, primarily due to fluctuations in accounts receivable and trade payables.
Management maintained its full-year financial forecast despite the October 2011 flooding in Thailand, which damaged a subsidiary factory and is currently under assessment for financial impact.
Kaga Electronics experienced a significant profit decline in the first half of fiscal year 2012, with operating income falling 68.9% to 805 million yen and net income dropping 77.2% to 321 million yen.
Consolidated net sales decreased by 3.5% to 116,271 million yen, driven by global economic instability, a strong yen, and the aftermath of the Great East Japan Earthquake.
The electronic components segment, the company's largest business unit, saw a 5.8% decline in sales as manufacturers reduced production output.
The information equipment segment recorded an operating loss of 77 million yen despite a 9.1% increase in sales, due to compressed margins and rising expenses.
Operating cash flow shifted to a net outflow of 2,446 million yen, primarily due to fluctuations in accounts receivable and trade payables.
Management maintained its full-year financial forecast despite the October 2011 flooding in Thailand, which damaged a subsidiary factory and is currently under assessment for financial impact.