Deswell Industries reported fiscal 2026 results for the year ended March 31, 2026. Annual net sales decreased 9.3% to $61.3 million, and net income declined to $10.6 million from $11.1 million in fiscal 2025. For the second half of the year, net sales were $28.1 million, a 13.4% decrease year-over-year, with net income of $3.1 million. The company maintains a strong balance sheet with $23.1 million in cash, $86.5 million in working capital, and no debt. The board declared a cash dividend of $0.10 per share and a special cash dividend of $0.20 per share, both payable on July 16, 2026, to shareholders of record as of July 2, 2026. The company operates in the outsourced manufacturing industry, producing injection-molded plastic parts and electronic subassemblies for OEMs.