Worth reading
49Recurring
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
560
¥100 million (order intake)Wording
Conditional
How definitive the wording is.Contents of this document
Earnings presentationFirst quarter of the fiscal year ending March 202711 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥178 million-6.5%
Operating profit¥21 million+33.7%
Ordinary income¥25 million+31.6%
Net income¥17 100 million +28.0%quarterly net income attributable to owners of the parent
Gross Profit Margin25.5%
Operating profit margin12.2%
Results for the three months of the current quarterNet sales of ¥17.8 billion, operating profit of ¥2.1 billion, ordinary profit of ¥2.5 billion, and quarterly net income attributable to owners of the parent of ¥1.7 billion. All figures are for the first quarter alone.
Full-year earnings forecast
Orders received¥130 billion
Net Sales¥105 billion
Gross profit¥23.1 billion
Gross Profit Margin22.0%
Operating profit¥11 billion
Operating profit margin10.5%
Ordinary income¥11.8 billion
Profit attributable to owners of the parent¥8.7 billion
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。
Orders received43.1%
Net Sales17.0%
Gross profit19.7%
Operating profit19.7%
Ordinary income21.2%
Profit attributable to owners of the parent20.0%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
A strong startBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Order intake: response to the data center market and large-scale data center projects, among other factors. Operating profit: continued strategic sales activities and productivity improvement initiatives. Net sales: revenue recognition from data center projects is expected to accelerate going forward. Amounts by factor: not disclosed.
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
The materials state that the outlook is based on certain assumptions deemed reasonable, but specific figures for foreign exchange rates, raw material prices and other factors are not disclosed.New initiatives
Enhancement and use of DCTF, established jointly with NTT DATA, strategic focus on the data center field, proactive initiatives related to human capital, and share repurchasesKey KPIsA metric the company considers important as a management benchmark.
- Orders received¥560 million+235.8%
- Backlog of orders on hand¥1,413 million+69.8%
- Coverage ratio for the current-year sales plan61.4 %
- Coverage ratio for the following-year sales plan50.5 %
- Data center/information order mix76.7 %
- Renewal sales mix65.6 %
Medium-term management plan targets
As the first year of the 9th Medium-Term Management Plan, the company aims to achieve both high growth and high profitability, strategically focus on the data center field, and secure order intake of more than ¥50 billion. Details of the target year are not disclosed.Financial targets
The materials state that the company aims to improve ROE, but specific target and actual figures for ROE and other metrics are not disclosed.Orders received and order backlog
Orders received¥56 billion
Backlog of orders on hand¥141.3 billion
Annual Dividend
¥110 per share
BreakdownInterim dividend of ¥50, year-end dividend of ¥50, and commemorative dividend of ¥10
Payout ratio
Approximately 50%. Forecast for the fiscal year ending March 2027: 54.5% (after reflecting actual share repurchases)Acquisition of treasury shares
¥6.69 billion
Number of Shares1,950,000 shares
PeriodConducted on 14 May 2026
| Item | Details |
|---|---|
| Document type | Earnings presentation |
| Fiscal Period Covered | First quarter of the fiscal year ending March 2027 |
| Net Sales | ¥178 million (YoY -6.5%) |
| Operating profit | ¥21 million (YoY +33.7%) |
| Ordinary income | ¥25 million (YoY +31.6%) |
| Net income | ¥17 100 million (quarterly net income attributable to owners of the parent) (YoY +28.0%) |
| Gross Profit Margin | 25.5% |
| Operating profit margin | 12.2% |
| Results for the three months of the current quarter | Net sales of ¥17.8 billion, operating profit of ¥2.1 billion, ordinary profit of ¥2.5 billion, and quarterly net income attributable to owners of the parent of ¥1.7 billion. All figures are for the first quarter alone. |
| Full-year earnings forecast | Orders received ¥130 billion / Net Sales ¥105 billion / Gross profit ¥23.1 billion / Gross Profit Margin 22.0% / Operating profit ¥11 billion / Operating profit margin 10.5% / Ordinary income ¥11.8 billion / Profit attributable to owners of the parent ¥8.7 billion |
| Progress against full-year forecast | Orders received 43.1% / Net Sales 17.0% / Gross profit 19.7% / Operating profit 19.7% / Ordinary income 21.2% / Profit attributable to owners of the parent 20.0% |
| Self-assessment against the plan | A strong start |
| Breakdown of Factors Affecting the Change | Order intake: response to the data center market and large-scale data center projects, among other factors. Operating profit: continued strategic sales activities and productivity improvement initiatives. Net sales: revenue recognition from data center projects is expected to accelerate going forward. Amounts by factor: not disclosed. |
| Key KPIs | Orders received ¥560 million (YoY +235.8%), Backlog of orders on hand ¥1,413 million (YoY +69.8%), Coverage ratio for the current-year sales plan 61.4 %, Coverage ratio for the following-year sales plan 50.5 %, Data center/information order mix 76.7 %, Renewal sales mix 65.6 % |
| Assumptions Underlying the Business Outlook | The materials state that the outlook is based on certain assumptions deemed reasonable, but specific figures for foreign exchange rates, raw material prices and other factors are not disclosed. |
| Medium-term management plan targets | As the first year of the 9th Medium-Term Management Plan, the company aims to achieve both high growth and high profitability, strategically focus on the data center field, and secure order intake of more than ¥50 billion. Details of the target year are not disclosed. |
| Financial targets | The materials state that the company aims to improve ROE, but specific target and actual figures for ROE and other metrics are not disclosed. |
| Annual Dividend | ¥110 per share |
| Payout ratio | Approximately 50%. Forecast for the fiscal year ending March 2027: 54.5% (after reflecting actual share repurchases) |
| Acquisition of treasury shares | Number of Shares 1,950,000 shares / Amount ¥6.69 billion / Period Conducted on 14 May 2026 |
| Orders received and order backlog | Orders received ¥56 billion / Backlog of orders on hand ¥141.3 billion |
| New initiatives | Enhancement and use of DCTF, established jointly with NTT DATA, strategic focus on the data center field, proactive initiatives related to human capital, and share repurchases |
Items this document does not state (9)
Selling, general and administrative expensesSegment resultsUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookCapital expendituresMarket 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.The reasons cited include expansion of the data center market driven by cloud adoption and advances in AI, orders for large-scale data center projects, strategic sales activities, and initiatives to improve productivity. For net sales, the company expects revenue recognition from data center projects to accelerate going forward.
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.