Worth reading
68In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Deterioration
Direction inferred from the company’s description.Scale
-75
¥ millions (year-on-year change in operating income)Wording
Conditional
How definitive the wording is.Contents of this document
Presentation materials for financial resultsFiscal year ending February 2027, second quarter9 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥9,527 million-1.4%
Operating profit¥568 million-11.7%
Ordinary income¥615 million-13.0%
Net income¥361 million -18.2%interim net income attributable to owners of the parent
Gross Profit Margin
Rate27.9% (¥2,660 million ÷ ¥9,527 million)
Year on year against the same period last yearThe materials do not explicitly state the year-on-year rate
Operating profit margin
Rate6.0% (as shown in the graph)
Year on year against the same period last yearDown from 7.1% in the year-earlier period
Results for the three months of the current quarterA graph shows quarterly trends in revenue and operating profit, but no standalone 3-month figures are explicitly stated
Full-year earnings forecast
Net Sales
¥22,000 million
Operating profit
¥2,200 million
Ordinary income
¥2,300 million
Profit attributable to owners of the parent
¥1,600 million
Earnings per share
¥89.76
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 Sales43.3%
Operating profit25.8%
Ordinary income26.8%
Interim net income attributable to owners of the parent22.6%
Business solutions revenue47.1%
IoT solutions revenue34.2%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Although the first-half plan was not achieved, the company expects to achieve its full-year targetBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Profit decrease due to lower business solutions revenue-347
Increase in profit from higher IoT Solutions revenue169
Improving profitability148
Increase due to investment in human resources and other factors-45
New initiatives
- AQUA AI HUB is scheduled to open in January 2027
- MMDigitalFactory is scheduled to become available from January 2027
- Farm Map became available from September 2026
- Entered into a sales partner agreement with NTT DATA BizIntegral for the Biz∫ ERP package
- Established the COREVIO Promotion Office on 1 October 2026
Key KPIsA metric the company considers important as a management benchmark.
- Equity ratio54.6 %Year on year against the same period last year+1.8 percentage points versus the end of the previous fiscal year
- ROE (annualized)9.4 %Year on year against the same period last yearYear-on-year comparison not specified in the materials
Segment results
Business Solutions
Net Sales
¥7,302 million-6.8%
Gross profit
¥2,014 million-8.2%
IoT Solutions
Net Sales
¥2,225 million+21.5%
Gross profit
¥646 million+32.1%
Financial targets
ROE
Actual results9.4 %
Equity ratio
Actual results54.6 %
DOE target
5 % or higher
Annual Dividend
Annual
¥30
Interim
¥15
End of period
15 Yen forecast
Payout ratio
33.8 %
DOE
6.1 %
Acquisition of treasury shares
The policy is to implement purchases flexibly, but the acquisition limit, number of shares and period are Not disclosed| Item | Details |
|---|---|
| Document type | Presentation materials for financial results |
| Fiscal Period Covered | Fiscal year ending February 2027, second quarter |
| Net Sales | ¥9,527 million (YoY -1.4%) |
| Operating profit | ¥568 million (YoY -11.7%) |
| Ordinary income | ¥615 million (YoY -13.0%) |
| Net income | ¥361 million (interim net income attributable to owners of the parent) (YoY -18.2%) |
| Gross Profit Margin | Rate 27.9% (¥2,660 million ÷ ¥9,527 million) / Year on year against the same period last year The materials do not explicitly state the year-on-year rate |
| Operating profit margin | Rate 6.0% (as shown in the graph) / Year on year against the same period last year Down from 7.1% in the year-earlier period |
| Results for the three months of the current quarter | A graph shows quarterly trends in revenue and operating profit, but no standalone 3-month figures are explicitly stated |
| Full-year earnings forecast | Net Sales ¥22,000 million / Operating profit ¥2,200 million / Ordinary income ¥2,300 million / Profit attributable to owners of the parent ¥1,600 million / Earnings per share ¥89.76 |
| Progress against full-year forecast | Net Sales 43.3% / Operating profit 25.8% / Ordinary income 26.8% / Interim net income attributable to owners of the parent 22.6% / Business solutions revenue 47.1% / IoT solutions revenue 34.2% |
| Self-assessment against the plan | Although the first-half plan was not achieved, the company expects to achieve its full-year target |
| Segment results | Business Solutions Net Sales ¥7,302 million (YoY -6.8%) / Gross profit ¥2,014 million (YoY -8.2%) / IoT Solutions Net Sales ¥2,225 million (YoY +21.5%) / Gross profit ¥646 million (YoY +32.1%) |
| Breakdown of Factors Affecting the Change | Profit decrease due to lower business solutions revenue -347 / Increase in profit from higher IoT Solutions revenue 169 / Improving profitability 148 / Increase due to investment in human resources and other factors -45 |
| Key KPIs | Indicator name Equity ratio / Value 54.6 % / Year on year against the same period last year +1.8 percentage points versus the end of the previous fiscal year, Indicator name ROE (annualized) / Value 9.4 % / Year on year against the same period last year Year-on-year comparison not specified in the materials |
| Financial targets | ROE Actual results 9.4 % / Equity ratio Actual results 54.6 % / DOE target 5 % or higher |
| Annual Dividend | Annual ¥30 / Interim ¥15 / End of period 15 Yen (forecast) |
| Payout ratio | 33.8 % |
| Acquisition of treasury shares | The policy is to implement purchases flexibly, but the acquisition limit, number of shares and period are Not disclosed |
| New initiatives | AQUA AI HUB is scheduled to open in January 2027, MMDigitalFactory is scheduled to become available from January 2027, Farm Map became available from September 2026, Entered into a sales partner agreement with NTT DATA BizIntegral for the Biz∫ ERP package, Established the COREVIO Promotion Office on 1 October 2026 |
Items this document does not state (11)
Selling, general and administrative expensesUnit price and quantity metricsNumber of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan 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.Large-scale ERP solution projects had run their course, contract execution for highly profitable logistics DX projects was delayed, and revenue from the Business Solutions segment declined. Meanwhile, the IoT Solutions segment recorded higher revenue and improved profitability.
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.