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Syncthia achieved double-digit revenue growth in Q1, with all three business divisions recording increased revenues.
Sincere Co., Ltd. <7782> announced its consolidated financial results for the first quarter of the fiscal year ending December 2026 (January-March 2026). Revenue increased by 24.1% year-on-year to 1.935 billion yen, operating income decreased by 6.4% to 143 million yen, ordinary income rose by 0.8% to 139 million yen, and quarterly net income attributable to parent company shareholders declined by 22.6% to 68 million yen. The decline in quarterly net income was attributed to a third-party breach involving the cloud server used by its consolidated subsidiary, Taros Systems Co., Ltd.
Sincere: FY2026 Q1 Earnings Presentation Materials
Sincere: First Quarter Earnings Brief for the Fiscal Year Ending December 2026 (Japanese GAAP, Consolidated)
Cynthia---Record-high sales achieved for the fiscal year ending December 2025, with business growth deepening through synergies with e-commerce platforms.
Sincere Co., Ltd. (7782) is a fabless company specializing in the manufacturing and sales of disposable clear contact lenses. Its product lineup includes clear lens brands such as "SINCERE S" (hereinafter, "Sincere S"), "L-CON," "Eye Well," "Ultimate," and "pranair," as well as color contact lens brands like "FAIRY" and "Sincere S." The company ranks among the top in domestic sales revenue.
Audit Consideration 25/12 - Cynthia: Reasonableness of the valuation of obsolete inventory
Filer: <7782> Sincere Co., Ltd. Submission Date and Time: March 27, 2026, 15:08 Submitted Document: Annual Securities Report Fiscal Year: 18th Term (From January 1, 2025, to December 31, 2025) <Key Audit Matters for Consolidated Financial Statements: 1 Item> ▼ Reasonableness of Evaluation of Stagnant Inventory <First Two Sentences> As described in the Notes (Critical Accounting Estimates) under “1. Valuation of Inventory,” the company has recorded in the consolidated balance sheet for the current fiscal year.
Sincere: Interim Report