Kaga ElectronicsKAGA ELECTRONICS CO.,LTD.8154東証プライム卸売業FY ending Mar 2026, consolidated, J-GAAP

Kaga Electronics FY ending Mar 2026 results

About 86% of Kaga Electronics's sales come from Electric Components, with Information Equipment and Other segment making up much of the rest.

Out of every ¥100 of sales, about ¥4 is left as operating profit.

Revenue changed +20.3% from the prior year, operating profit +17.9%.

Revenue and profit pattern

Revenue and profit upRevenue grew faster

Revenue +20.3% · profit +17.9%, calculated from disclosed figures.

Operating leverage: 0.88× (profit growth ÷ revenue growth)

What changed from last year

FY ending Mar 2025 → FY ending Mar 2026

Revenue
+20.3%¥547.8B → ¥658.9B
Gross profit
+19.1%¥71.7B → ¥85.3B
Operating income
+17.9%¥23.6B → ¥27.8B
Net income attributable to owners
+82.0%¥17.1B → ¥31.1B
Operating cash flow
-109.9%¥25B → -¥2.47B
Free cash flow
-136.2%¥19.4B → -¥7.02B

Results at a glance

  • Revenue for the FY ending Mar 2026 was ¥658.9B, up +20.3% from ¥547.8B the year before.
  • Operating income rose +17.9% to ¥27.8B. Net income grew much faster, +82.0% to ¥31.1B, largely because of one-off gains such as negative goodwill from an acquisition.
  • Cash from operations, however, swung from ¥25B to -¥2.47B. Large spot sales bunched into the final quarter left a lot of unpaid customer invoices on the books at year end.

What drove the change

  • Demand from AI servers made memory chips scarce, and the company used its buying reach as an independent trader to win spot sales
  • It took control of Kyoei Sangyo through a tender offer, adding that company's sales partway through the year
  • New equipment at overseas plants lifted contract manufacturing for air conditioners and medical devices, and PC sales to schools and retailers were strong

Things to watch

  • A slowdown in key markets such as Japan, North America, Europe and Asia would cut demand in the core components business
  • Currency swings change the yen value of overseas sales and assets
  • An acquired company may earn less than expected, or hidden liabilities may surface after a deal

Annual securities report (MD&A) / 経営者による財政状態、経営成績及びキャッシュ・フローの状況の分析 · Annual securities report (business risks) / 事業等のリスク

Where the money goes

FY ending Mar 2025 → FY ending Mar 2026

Where ¥100 of sales goes

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

FY ending Mar 2026
Cost of sales
¥87
SG&A
¥9
Operating profit
¥4
Net profit kept
¥5

Annual margin trends

Gross margin13.0%
FY ending Mar 2021: 11.3%11.3%FY ending Mar 2022: 12.2%12.2%FY ending Mar 2023: 12.9%12.9%FY ending Mar 2024: 13.0%13.0%FY ending Mar 2025: 13.1%13.1%FY ending Mar 2026: 13.0%13.0%FY21FY22FY23FY24FY25FY26
Operating margin4.2%
FY ending Mar 2021: 2.7%2.7%FY ending Mar 2022: 4.2%4.2%FY ending Mar 2023: 5.3%5.3%FY ending Mar 2024: 4.8%4.8%FY ending Mar 2025: 4.3%4.3%FY ending Mar 2026: 4.2%4.2%FY21FY22FY23FY24FY25FY26
Net margin4.7%
FY ending Mar 2021: 2.7%2.7%FY ending Mar 2022: 3.1%3.1%FY ending Mar 2023: 3.8%3.8%FY ending Mar 2024: 3.7%3.7%FY ending Mar 2025: 3.1%3.1%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58期(2025/04/01-2026/03/31)

    ID S100YNQJ2026-06-30Open
  • EDINET (FSA Japan)

    訂正有価証券報告書-第57期(2024/04/01-2025/03/31)

    ID S100WFZH2025-08-01Open
  • EDINET (FSA Japan)

    訂正有価証券報告書-第56期(2023/04/01-2024/03/31)

    ID S100U4QD2024-07-31Open
  • EDINET (FSA Japan)

    訂正有価証券報告書-第55期(2022/04/01-2023/03/31)

    ID S100S0U42023-10-13Open
  • EDINET (FSA Japan)

    有価証券報告書-第54期(令和3年4月1日-令和4年3月31日)

    ID S100OJZ22022-06-29Open
  • EDINET (FSA Japan)

    訂正有価証券報告書-第53期(令和2年4月1日-令和3年3月31日)

    ID S100MD9G2021-08-31Open

Extracted from XBRL: 54 / Derived from other figures: 2

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