JvckenwoodJVCKENWOOD Corporation6632東証プライム電気機器FY ending Mar 2026, consolidated, IFRS

Jvckenwood FY ending Mar 2026 results

About 55% of Jvckenwood's sales come from Automotive Sector, with Safety and Security Sector and Entertainment Solutions Service Sector making up much of the rest.

Out of every ¥100 of sales, about ¥6 is left as operating profit.

Revenue changed -3.6% from the prior year, operating profit -5.7%.

Revenue and profit pattern

Revenue and profit down

Revenue -3.6% · profit -5.7%, calculated from disclosed figures.

Operating leverage: 1.58× (profit growth ÷ revenue growth)

What changed from last year

FY ending Mar 2025 → FY ending Mar 2026

Revenue
-3.6%¥370.3B → ¥356.9B
Gross profit
-7.2%¥118.9B → ¥110.4B
Operating income
-5.7%¥21.8B → ¥20.5B
Net income attributable to owners
-17.2%¥20.3B → ¥16.8B
Operating cash flow
+7.3%¥31.5B → ¥33.8B
Free cash flow
+66.6%¥6.72B → ¥11.2B

Results at a glance

  • Revenue for the FY ending Mar 2026 was ¥356.9B, down 3.6% from ¥370.3B a year earlier.
  • Profit also slipped: operating income fell 5.7% to ¥20.5B and net income fell 17.2% to ¥16.8B.
  • Cash generation improved, with operating cash flow up 7.3% to ¥33.8B and free cash flow up 66.6% to ¥11.2B.

What drove the change

  • A parts shortage hit radio production and sales early in the year, and late deliveries in the second half cost further sales.
  • The US government shutdown delayed public-sector budgets, which held back radio orders.
  • US tariffs cut sales of retail car electronics and the media business.
  • Strong sales of music and other content lifted the entertainment business.
  • Operating cash flow rose despite lower profit because less money was tied up in working capital.

Things to watch

  • Demand from AI data centers has made memory chips scarce, and the company is already seeing supply difficulty and higher prices.
  • Some older chips used in radio products come from few suppliers, and cutbacks at those makers could limit supply.
  • Tension in the Middle East could raise material and shipping costs and slow deliveries.

Annual Securities Report, 18th fiscal year (Apr 2025–Mar 2026) / Management's analysis of financial position, results and cash flows · Annual Securities Report, 18th fiscal year (Apr 2025–Mar 2026) / Business risks

Where the money goes

FY ending Mar 2025 → FY ending Mar 2026

Where ¥100 of sales goes

For every ¥100 Jvckenwood sells, how much goes where, and how much is kept.

FY ending Mar 2026
Cost of sales
¥69
SG&A
¥25
Operating profit
¥6
Net profit kept
¥5

Annual margin trends

Gross margin30.9%
FY ending Mar 2021: 27.3%27.3%FY ending Mar 2022: 26.9%26.9%FY ending Mar 2023: 28.3%28.3%FY ending Mar 2024: 30.3%30.3%FY ending Mar 2025: 32.1%32.1%FY ending Mar 2026: 30.9%30.9%FY21FY22FY23FY24FY25FY26
Operating margin5.8%
FY ending Mar 2021: 1.8%1.8%FY ending Mar 2022: 3.2%3.2%FY ending Mar 2023: 6.4%6.4%FY ending Mar 2024: 5.1%5.1%FY ending Mar 2025: 5.9%5.9%FY ending Mar 2026: 5.8%5.8%FY21FY22FY23FY24FY25FY26
Net margin4.7%
FY ending Mar 2021: 0.8%0.8%FY ending Mar 2022: 2.1%2.1%FY ending Mar 2023: 4.8%4.8%FY ending Mar 2024: 3.6%3.6%FY ending Mar 2025: 5.5%5.5%FY ending Mar 2026: 4.7%4.7%FY21FY22FY23FY24FY25FY26

Aligned fiscal years compare the shares of revenue remaining as gross, core, and net profit. Missing years are left unconnected.

Which businesses earn the money

Revenue by business segment, and the profit each one keeps.

FY ending Mar 2026

Profit by segment

※ Segment figures include inter-segment sales and do not sum to the company total

Sources

Show source documents (6)
  • EDINET (FSA Japan)

    有価証券報告書-第18期(2025/04/01-2026/03/31)

    ID S100YG3R2026-06-22Open
  • EDINET (FSA Japan)

    有価証券報告書-第17期(2024/04/01-2025/03/31)

    ID S100W20P2025-06-23Open
  • EDINET (FSA Japan)

    有価証券報告書-第16期(2023/04/01-2024/03/31)

    ID S100TPOI2024-06-21Open
  • EDINET (FSA Japan)

    有価証券報告書-第15期(2022/04/01-2023/03/31)

    ID S100R2FG2023-06-23Open
  • EDINET (FSA Japan)

    有価証券報告書-第14期(令和3年4月1日-令和4年3月31日)

    ID S100OFNG2022-06-24Open
  • EDINET (FSA Japan)

    有価証券報告書-第13期(令和2年4月1日-令和3年3月31日)

    ID S100LQKX2021-06-25Open

Extracted from XBRL: 45 / Derived from other figures: 1

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