Updated Mar 23, 2026 by Kaga Electronics Co.
Kaga Electronics reported a 1.0% year-on-year decline in net sales to 115,383 million yen for the first half ending September 30, 2018.
Profitability faced significant pressure, with operating income falling 14.2% to 3,772 million yen and profit attributable to owners of the parent dropping 21.8% to 2,750 million yen.
The company has set a full-year fiscal forecast of 290,000 million yen in net sales and 7,300 million yen in profit attributable to owners of the parent.
Financial results were negatively impacted by production adjustments at major customer sites and upfront costs related to the expansion of overseas production facilities.
The company is pursuing a strategic acquisition of Fujitsu Electronics Inc. to influence future performance and market positioning.
Segment performance was mixed, with declines in Electronic Components and Information Equipment offset by growth in the Software and Others segments.
Despite the earnings decline, the company maintained a solid financial position with an equity ratio of 55.9% as of September 30, 2018.
Kaga Electronics reported a 1.0% year-on-year decline in net sales to 115,383 million yen for the first half ending September 30, 2018.
Profitability faced significant pressure, with operating income falling 14.2% to 3,772 million yen and profit attributable to owners of the parent dropping 21.8% to 2,750 million yen.
The company has set a full-year fiscal forecast of 290,000 million yen in net sales and 7,300 million yen in profit attributable to owners of the parent.
Financial results were negatively impacted by production adjustments at major customer sites and upfront costs related to the expansion of overseas production facilities.
The company is pursuing a strategic acquisition of Fujitsu Electronics Inc. to influence future performance and market positioning.
Segment performance was mixed, with declines in Electronic Components and Information Equipment offset by growth in the Software and Others segments.
Despite the earnings decline, the company maintained a solid financial position with an equity ratio of 55.9% as of September 30, 2018.