Worth reading
66In focus
Scored from 4 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
-3
¥ millionWording
Conditional
How definitive the wording is.Contents of this document
Earnings presentationFiscal year ending March 20267 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥470 million+3.7%
Operating profit¥38 million
Ordinary income¥38.4 million-7.1%
Net income¥26.5 million
Gross Profit Margin20.7 %
Selling, general and administrative expenses¥60 million
Full-year earnings forecast
Reporting periodFiscal year ending March 2027
Net Sales
¥470 million
Operating profit
¥35 million
Ordinary income
¥36 million
Net income for the current fiscal year
¥24.5 million
ROS
7.7 %
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Impact of higher revenue¥3.7 million
- Profit decline due to deterioration in the sales profit margin¥-5.3 million
- Increase in general and administrative expenses¥-1.8 million
- Improvement in non-operating income and expenses¥0.4 million
New initiatives
- Strengthening design-in sales centered on technical proposals
- Launching competitive products and construction methods
- Establishment of a Quality Control Department in April 2026
- Improving on-site productivity
- Passing on cost increases for materials, labor, logistics, equipment, and other items, while strengthening cost reduction efforts
Key KPIsA metric the company considers important as a management benchmark.
- ROE9.7 %Year on year against the same period last year-1.6%
- ROS (ordinary profit margin)8.2 %Year on year against the same period last year-0.9%
- Orders received¥479 million
- Order backlog¥364 millionYear on year against the same period last year+2.5%
Market Size / Share
- National floor area of non-residential steel-frame construction startsYear on year against the same period last year-4.8%
- Floor area of factory and warehouse construction startsYear on year against the same period last year-11.9%
Orders received and order backlog
Orders received
¥479 million
Order backlog
¥364 million
Year on year against the same period last year+2.5%
Annual Dividend
Fiscal year ending March 2026
Annual¥69 per share
Interim¥34 per share
Fiscal year ending March 2027
Annual¥64 per share
Interim¥30 per share
Payout ratio
- 50.3 %Reporting periodFiscal year ending March 2026
- 50.4 %Reporting periodPlanned for the fiscal year ending March 2027
| Item | Details |
|---|---|
| Document type | Earnings presentation |
| Fiscal Period Covered | Fiscal year ending March 2026 |
| Net Sales | ¥470 million (YoY +3.7%) |
| Operating profit | ¥38 million |
| Ordinary income | ¥38.4 million (YoY -7.1%) |
| Net income | ¥26.5 million |
| Gross Profit Margin | 20.7 % |
| Selling, general and administrative expenses | ¥60 million |
| Full-year earnings forecast | Reporting period Fiscal year ending March 2027 / Net Sales ¥470 million / Operating profit ¥35 million / Ordinary income ¥36 million / Net income for the current fiscal year ¥24.5 million / ROS 7.7 % |
| Breakdown of Factors Affecting the Change | Factors Impact of higher revenue / Amount ¥3.7 million, Factors Profit decline due to deterioration in the sales profit margin / Amount ¥-5.3 million, Factors Increase in general and administrative expenses / Amount ¥-1.8 million, Factors Improvement in non-operating income and expenses / Amount ¥0.4 million |
| Key KPIs | Indicator name ROE / Value 9.7 % / Year on year against the same period last year -1.6 %, Indicator name ROS (ordinary profit margin) / Value 8.2 % / Year on year against the same period last year -0.9 %, Indicator name Orders received / Value ¥479 million / Year on year against the same period last year Not disclosed, Indicator name Order backlog / Value ¥364 million / Year on year against the same period last year ¥2.5 million |
| Annual Dividend | Fiscal year ending March 2026 Annual ¥69 per share / Interim ¥34 per share / Fiscal year ending March 2027 Annual ¥64 per share / Interim ¥30 per share |
| Payout ratio | Reporting period Fiscal year ending March 2026 / Value 50.3 %, Reporting period Planned for the fiscal year ending March 2027 / Value 50.4 % |
| Orders received and order backlog | Orders received ¥479 million / Order backlog ¥364 million |
| Market Size / Share | Indicator National floor area of non-residential steel-frame construction starts / Year on year against the same period last year -4.8 %, Indicator Floor area of factory and warehouse construction starts / Year on year against the same period last year -11.9 % |
| New initiatives | Strengthening design-in sales centered on technical proposals, Launching competitive products and construction methods, Establishment of a Quality Control Department in April 2026, Improving on-site productivity, Passing on cost increases for materials, labor, logistics, equipment, and other items, while strengthening cost reduction efforts |
Items this document does not state (15)
Operating profit marginResults for the three months of the current quarterProgress against full-year forecastSelf-assessment against the planSegment resultsUnit price and quantity metricsNumber of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsAcquisition of treasury sharesCapital expendituresKey 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.In the fiscal year ended March 2026, relatively steady progress on construction projects and increased revenue from molded product sales drove revenue growth, while higher construction costs, manufacturing and construction enhancement expenses, and general and administrative expenses weighed on profit. For the fiscal year ending March 2027, the forecast incorporates a deterioration in market conditions and increases in labor costs, production equipment-related expenses, and other costs.
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.