Worth reading
65In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Improvement
Direction inferred from the company’s description.Scale
106.5
Year-on-year change in operating income (%)Wording
Conditional
How definitive the wording is.Contents of this document
Earnings presentationFY2026 First Quarter11 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥53,424 million+7.4%
Operating profit¥4,567 million+106.5%
Ordinary income¥5,086 million+94.7%
Net income¥4,376 million+142.3%
Gross Profit Margin22.1 %
Operating profit margin8.5 %
Selling, general and administrative expenses¥7,239 million
Results for the three months of the current quarter
Net Sales
¥53,424 million
Operating profit
¥4,567 million
Ordinary income
¥5,086 million
Net income
¥4,376 million
Orders received
¥70,963 million
Full-year earnings forecast
Net Sales
¥265,000 million
Gross profit
¥60,500 million
Operating profit
¥31,000 million
Ordinary income
¥31,500 million
Net income
¥26,300 million
Orders received
¥300,000 million
Carried-forward construction work
¥285,794 million
EPS
¥172.03
Dividend per share
¥65
Progress against full-year forecast 通期の予想に対して、いまどこまで進んだかの割合です。
Net Sales
In-period forecast announced on 7 August20 %
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
First-quarter profit is ahead of the initial forecast. Revenue and order intake also remained firm.Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Change in building-equipment revenue¥33.5 hundred million
- Change in plant-equipment revenue¥2.6 hundred million
- Change in the gross profit margin for building equipment¥22.8 hundred million
- Change in the gross profit margin for plant equipment¥-5.8 hundred million
- Increase in personnel costs due to higher salary levels and other factors¥-6.5 hundred million
- Change in non-operating income and expenses¥1.1 hundred million
New initiatives
- Making ES Matrix社 an equity-method affiliate through the acquisition of its shares
- Planned acquisition of 4.5 million treasury shares
- Planned cancellation of 4.5 million treasury shares
- Conducted a 3-for-1 stock split on 1 May 2026
Key KPIsA metric the company considers important as a management benchmark.
- Orders received¥70,963 millionYear on year against the same period last year+3.0%
- Carried-forward construction work¥268,333 millionYear on year against the same period last year+16.7%
Segment results
Building equipment
Net Sales
¥45,868 million+7.9%
Operating profit
¥5,294 million+99.0%
Plant equipment
Net Sales
¥7,018 million+4.0%
Operating profit
¥-1,055 million-3.7%
Real estate
Net Sales
¥649 million+0.7%
Operating profit
¥271 million+6.6%
Financial targets
Target for reducing strategic shareholdingsBelow 20% of consolidated net assets by the end of March 2028
Equity ratio
60.4 %
Orders received and order backlog
Orders received
¥70,963 million
Carried-forward construction work
¥268,333 million
Capital expenditures
¥3,904 million
DetailsInvesting cash flow, including the acquisition of shares in ES Matrix社 and its conversion into an equity-method affiliate
Annual Dividend
Annual
¥65
Interim
¥32.5
End of period
¥32.5
Payout ratio
DOE8 %
Acquisition of treasury shares
Number of Shares4.5 million shares
Treasury Share CancellationScheduled to cancel 4.5 million treasury shares on 24 August 2026
| Item | Details |
|---|---|
| Document type | Earnings presentation |
| Fiscal Period Covered | FY2026 First Quarter |
| Net Sales | ¥53,424 million (YoY +7.4%) |
| Operating profit | ¥4,567 million (YoY +106.5%) |
| Ordinary income | ¥5,086 million (YoY +94.7%) |
| Net income | ¥4,376 million (YoY +142.3%) |
| Gross Profit Margin | 22.1 % |
| Operating profit margin | 8.5 % |
| Selling, general and administrative expenses | ¥7,239 million |
| Results for the three months of the current quarter | Net Sales ¥53,424 million / Operating profit ¥4,567 million / Ordinary income ¥5,086 million / Net income ¥4,376 million / Orders received ¥70,963 million |
| Full-year earnings forecast | Net Sales ¥265,000 million / Gross profit ¥60,500 million / Operating profit ¥31,000 million / Ordinary income ¥31,500 million / Net income ¥26,300 million / Orders received ¥300,000 million / Carried-forward construction work ¥285,794 million / EPS ¥172.03 / Dividend per share ¥65 |
| Progress against full-year forecast | Net Sales 20 % |
| Self-assessment against the plan | First-quarter profit is ahead of the initial forecast. Revenue and order intake also remained firm. |
| Segment results | Building equipment Net Sales ¥45,868 million (YoY +7.9%) / Operating profit ¥5,294 million (YoY +99.0%) / Plant equipment Net Sales ¥7,018 million (YoY +4.0%) / Operating profit ¥-1,055 million (YoY -3.7%) / Real estate Net Sales ¥649 million (YoY +0.7%) / Operating profit ¥271 million (YoY +6.6%) |
| Breakdown of Factors Affecting the Change | Factors Change in building-equipment revenue / Amount ¥33.5 hundred million, Factors Change in plant-equipment revenue / Amount ¥2.6 hundred million, Factors Change in the gross profit margin for building equipment / Amount ¥22.8 hundred million, Factors Change in the gross profit margin for plant equipment / Amount ¥-5.8 hundred million, Factors Increase in personnel costs due to higher salary levels and other factors / Amount ¥-6.5 hundred million, Factors Change in non-operating income and expenses / Amount ¥1.1 hundred million |
| Key KPIs | Indicator name Orders received / Value ¥70,963 million / Year on year against the same period last year ¥3 million, Indicator name Carried-forward construction work / Value ¥268,333 million / Year on year against the same period last year ¥16.7 million |
| Financial targets | Target for reducing strategic shareholdings Below 20% of consolidated net assets by the end of March 2028 / Equity ratio 60.4 % |
| Annual Dividend | Annual ¥65 / Interim ¥32.5 / End of period ¥32.5 |
| Payout ratio | DOE 8 % / Payout ratio Not disclosed / Total payout ratio Not disclosed |
| Acquisition of treasury shares | Number of Shares 4.5 million shares / Period Not disclosed / Amount Not disclosed / Treasury Share Cancellation Scheduled to cancel 4.5 million treasury shares on 24 August 2026 |
| Capital expenditures | ¥3,904 million |
| Orders received and order backlog | Orders received ¥70,963 million / Carried-forward construction work ¥268,333 million |
| New initiatives | Making ES Matrix社 an equity-method affiliate through the acquisition of its shares, Planned acquisition of 4.5 million treasury shares, Planned cancellation of 4.5 million treasury shares, Conducted a 3-for-1 stock split on 1 May 2026 |
Items this document does not state (8)
Unit price and quantity metricsNumber of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan targetsMarket Size / ShareKey points of the Q&A
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.Highly profitable carried-over building-equipment projects progressed, and profitability also improved on large projects awarded in previous periods. The increase in gross profit exceeded the rise in selling, general and administrative expenses, including higher personnel costs. Revenue benefited from steady project progress, while order intake was supported by strong performance in building equipment and environmental systems.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.