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- *FY: Years ended / ending March 31.
Consolidated Financial Results
Consolidated Financial Results for the Six Months Ended September 30, 2025 ("FY26 1H") [Year-on-Year change]
During FY26 1H, due to the global implementation of fiscal and monetary policies for inflation control, the global economy remained solid. However, uncertainty in the global economy remained high due to tariff policies in the United States as well as geographical risks, etc. In semiconductor-related markets and information and telecommunication-related markets, which are our principal markets, demand did not make a full-fledged recovery, except in AI-related markets in which demand increased.
Sales revenue for FY26 1H decreased by 0.7%, as compared with the six months ended September 30, 2024 ("FY25 1H"). Sales revenue of the Electronic Components Business and the Solutions Business decreased due mainly to the impact of appreciation of the yen against the U.S. dollar, which more than offset increased sales revenue of the Core Components Business due mainly to increased sales in the Semiconductor Components Unit.
Profits increased due mainly to the effect of profitability improvement in the Organic Packages and Boards Business and Kyocera AVX Components Corporation Group of approximately 12 billion yen, which more than offset decrease in profit in the electronic components business of Kyocera Corporation and the Document Solutions Unit of approximately 8 billion yen*. As a result, operating profit increased by 10.7%, and profit before income taxes increased by 31.1%, due to significant decrease in foreign exchange losses which had been substantial in FY25 1H as a result of rapid appreciation of the yen, as compared with FY25 1H. Profit attributable to owners of the parent increased by 53.9%, as a result of a decrease in tax expenses due mainly to an adjustment in tax amount in consequence of the sale of KDDI Corporation shares.
* Includes one-time cost of approximately 2.1 billion yen incurred in connection with the execution of an agreement to transfer the silicon diode power semiconductor business in the electronic components business of Kyocera Corporation.
Sales revenue
Operating profit
Profit before income taxes
Profit attributable to owners of the parent
Consolidated Financial Forecasts
Consolidated Financial Forecasts for the Fiscal Year Ending March 31, 2026 ("FY26")
[Released on October 30, 2025]
During FY26 1H, the yen depreciated as compared to our estimated exchange rates and the impact of U.S. tariff policies remained limited. During the three months ending December 31, 2025 and onward, the uncertainty in the global economy is expected to continue, because of the tariff policies of the United States and the instability of politics in various countries, etc. Despite the above outlook, in light of the situation up to the end of FY26 1H, Kyocera has revised its consolidated financial forecast for FY26 as set forth below.