Worth reading
75Important
Scored from 5 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
224
¥ millions (year-on-year change in revenue for the fiscal year ending March 2026)Wording
Conditional
How definitive the wording is.Contents of this document
Supplementary materials to the earnings reportFiscal year ending March 20269 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥6,193 million+3.8%
Operating profit¥572 million+1.4%
Ordinary income¥580 million+2.8%
Net income¥432 million+4.6%
Selling, general and administrative expenses¥797 million
Gross Profit Margin
rate22.1%
yoy_changeDown 0.3 percentage points year on year
Operating profit margin
rate9.3%
yoy_changeDown 0.2 percentage points year on year
Full-year earnings forecast
Fiscal Period CoveredFiscal year ending March 2027
Net Sales
¥6,492 million
Operating profit
¥600 million
Ordinary income
¥615 million
Net income for the current fiscal year
¥417 million
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Increase in assigned personnel and higher technical fees
- Improvements in employee compensation
- Rebranding costs and other expenses associated with the 30th anniversary project
- Tax reduction effect from wage increases
The company identifies the factors but does not state the amount attributable to each one.
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
- Utilization rateFiscal year ending March 202693.2%Fiscal year ending March 202793.9%Year on year+0.7 percentage points
- Hours workedFiscal year ending March 20268.60HFiscal year ending March 20278.59HYear on year△0.01H
- Number of additionsFiscal year ending March 202663 peopleFiscal year ending March 202778Year on year+15 people
- Number of new graduate hiresFiscal year ending March 202640 peopleFiscal year ending March 202750Year on year+10 people
New initiatives
- Improvements in employee compensation
- Investment in human capital, including strengthening the education system
- Initiatives to enhance the value of engineers
- Contract negotiations to secure appropriate technical fees
Key KPIsA metric the company considers important as a management benchmark.
- Number of engineers779 PeopleYear on year against the same period last year+8 people
- Utilization rate93.2 %Year on year against the same period last year-1.4 percentage points
- Technical fees¥4,379 /hourYear on year against the same period last year+¥162
- Hours worked8.6 HYear on year against the same period last year△0.03H
Unit price and quantity metricsThese figures show sales broken down by price and volume.
- Technical fees¥4,379 /hourYear on year against the same period last year+¥162
- Assigned personnel and number of engineers779 PeopleYear on year against the same period last year+8 people
- Hours worked8.6 HYear on year against the same period last year△0.03H
Number of employees
Number of engineers779 People
Year on year against the same period last year+8 people
採用実績63 people (38 new graduates hired in April, 2 new graduates hired in October, and 23 mid-career hires)
Hiring plan78 people (50 new graduates planned for April 2027 and 38 planned mid-career hires)
Annual Dividend
Fiscal year ending March 2026¥70 (ordinary dividend: ¥55; 30th anniversary commemorative dividend: ¥15)
Forecast for the fiscal year ending March 2027¥71
Payout ratio
Fiscal year ending March 202662.5%
Forecast for the fiscal year ending March 202764.8%
Basic policyAim for steadily increasing dividends, with a target payout ratio of 50%
Total payout ratio90.6% for the fiscal year ending March 2026
Acquisition of treasury shares
Number of shares acquired80,000 shares
Acquisition price¥125 million
PeriodNovember 2025 to March 2026
Treasury shares as of 31 March 2026170,109 shares as of 31 March 2026
| Item | Details |
|---|---|
| Document type | Supplementary materials to the earnings report |
| Fiscal Period Covered | Fiscal year ending March 2026 |
| Net Sales | ¥6,193 million (YoY +3.8%) |
| Operating profit | ¥572 million (YoY +1.4%) |
| Ordinary income | ¥580 million (YoY +2.8%) |
| Net income | ¥432 million (YoY +4.6%) |
| Gross Profit Margin | rate 22.1% / yoy_change Down 0.3 percentage points year on year |
| Operating profit margin | rate 9.3% / yoy_change Down 0.2 percentage points year on year |
| Selling, general and administrative expenses | ¥797 million |
| Full-year earnings forecast | Fiscal Period Covered Fiscal year ending March 2027 / Net Sales ¥6,492 million / Operating profit ¥600 million / Ordinary income ¥615 million / Net income for the current fiscal year ¥417 million |
| Breakdown of Factors Affecting the Change | Factors Increase in assigned personnel and higher technical fees / Amount Not disclosed, Factors Improvements in employee compensation / Amount Not disclosed, Factors Rebranding costs and other expenses associated with the 30th anniversary project / Amount Not disclosed, Factors Tax reduction effect from wage increases / Amount Not disclosed |
| Key KPIs | Number of engineers 779 People, Utilization rate 93.2 %, Technical fees ¥4,379 /hour, Hours worked 8.6 H |
| Unit price and quantity metrics | Technical fees ¥4,379 /hour, Assigned personnel and number of engineers 779 People, Hours worked 8.6 H |
| Number of employees | Number of engineers 779 People / Year on year against the same period last year +8 people / 採用実績 63 people (38 new graduates hired in April, 2 new graduates hired in October, and 23 mid-career hires) / Hiring plan 78 people (50 new graduates planned for April 2027 and 38 planned mid-career hires) |
| Assumptions Underlying the Business Outlook | Item Utilization rate / Fiscal year ending March 2026 93.2% / Fiscal year ending March 2027 93.9% / Year on year +0.7 percentage points, Item Hours worked / Fiscal year ending March 2026 8.60H / Fiscal year ending March 2027 8.59H / Year on year △0.01H, Item Number of additions / Fiscal year ending March 2026 63 people / Fiscal year ending March 2027 78 / Year on year +15 people, Item Number of new graduate hires / Fiscal year ending March 2026 40 people / Fiscal year ending March 2027 50 / Year on year +10 people |
| Annual Dividend | Fiscal year ending March 2026 ¥70 (ordinary dividend: ¥55; 30th anniversary commemorative dividend: ¥15) / Forecast for the fiscal year ending March 2027 ¥71 |
| Payout ratio | Fiscal year ending March 2026 62.5% / Forecast for the fiscal year ending March 2027 64.8% / Basic policy Aim for steadily increasing dividends, with a target payout ratio of 50% / Total payout ratio 90.6% for the fiscal year ending March 2026 |
| Acquisition of treasury shares | Number of shares acquired 80,000 shares / Acquisition price ¥125 million / Period November 2025 to March 2026 / Treasury shares as of 31 March 2026 170,109 shares as of 31 March 2026 |
| New initiatives | Improvements in employee compensation, Investment in human capital, including strengthening the education system, Initiatives to enhance the value of engineers, Contract negotiations to secure appropriate technical fees |
Items this document does not state (12)
Results for the three months of the current quarterProgress against full-year forecastSelf-assessment against the planSegment resultsNumber of stores and locationsRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsCapital expendituresOrders received and order backlogMarket 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.For the fiscal year ending March 2026, the increase in revenue was driven by growth in the number of assigned personnel and higher technical fees. Expenses increased due to improvements in employee compensation and rebranding costs associated with the 30th anniversary project, but the effect of higher revenue absorbed these increases. For the fiscal year ending March 2027, despite some concerns, the Company expects customers to continue investing in development and demand for engineers with specialized skills to increase.
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.