Worth reading
52Recurring
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
9.7
% (year-on-year change in revenue)Wording
Conditional
How definitive the wording is.Results for this period
Full year2023年１月１日～2023年12月31日ConsolidatedIFRSNet Sales1,591,722¥ millionYear on year +9.7%Progress 95.3%
Operating profit141,726¥ millionYear on year +1.5%Progress 95.1%
Ordinary income141,781¥ millionYear on year +1.8%Progress 95.5%
Net income attributable to owners of the parent82,743¥ millionYear on year +0.5%Progress 75.9%
The width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.
Net income per share267.78円
Operating Margin8.9％
Financial position at period-end
Total assets1,912,415¥ million
of which net assets 1,185,027 ¥ millionEquity ratio 56.9%vs. prior year-end +2.8pt
塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.
Cash inflows and outflows
Operating+158,292
Investment-77,798
Financials-115,404
Net change-34,910
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Cash and cash equivalents at end of period¥171,755 million
Segment revenueJapan Business ¥708,141 million (YoY +8.4%), Asia-Pacific Business ¥371,435 million (YoY +5.3%), European Business ¥339,274 million (YoY +13.4%), Americas Business ¥172,871 million (YoY +18.8%)
Segment profitJapan Business ¥40,455 million (YoY +21.0%), Asia-Pacific Business ¥43,075 million (YoY -25.4%), European Business ¥51,725 million (YoY +22.8%), Americas Business ¥20,982 million (YoY +15.2%)
Regional salesRegion Japan / Current fiscal year ¥708,141 million / Previous period ¥653,199 million, Region Asia Pacific / Current fiscal year ¥371,409 million / Previous period ¥352,578 million, Region Europe / Current fiscal year ¥339,300 million / Previous period ¥299,142 million, Region Americas / Current fiscal year ¥172,871 million / Previous period ¥145,477 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥1,670,000 million (YoY +4.9%)
Operating profit¥149,000 million (YoY +5.1%)
Ordinary income¥148,500 million (YoY +4.7%)
Net income¥109,000 million (YoY +4.3%)
Annual Dividend Forecast¥80 per share → ¥110 per share（+37.5%）
Payout ratio29.9％
Shareholder Return Policy親会社の所有者に帰属する当期利益に対する連結配当性向40％以上を目安（2024年度以降）
Factors Behind Changes in Business Performance
ブランド強化や新規需要の創造、販売数量の増加、価格改定を含むRGM、売上収益の伸長、コストマネジメント。原材料高及び為替変動によるコスト増の影響はあった。
Disclosure regarding the going concern assumption
No applicable matters ("There are no applicable matters")
Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 Not disclosed
Changes in the scope of consolidationNew 0 companies / Excluded 0 companies / Company name None
Material subsequent eventsNo applicable matters.
Impairment loss553百万円（減損損失及び減損損失戻入（△は益）として記載、対象資産はNot disclosed）
Depreciation and amortization¥73,079 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for institutional investors and securities analysts)
Issued Shares at Period-End309,000,000
Treasury Shares at Period-End148
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | IFRS |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 2023年１月１日～2023年12月31日 |
| Net Sales | ¥1,591,722 million (YoY +9.7%) |
| Operating profit | ¥141,726 million (YoY +1.5%) |
| Ordinary income | ¥141,781 million (YoY +1.8%) |
| Profit attributable to owners of the parent | ¥82,743 million (YoY +0.5%) |
| Net income per share | 267.78円 |
| Operating Margin | 8.9％ |
| Equity ratio | End of the current fiscal period 56.9％ / End of previous period 54.1％ |
| Total assets | ¥1,912,415 million |
| Net assets | ¥1,185,027 million |
| Cash flows from operating activities | ¥158,292 million |
| Cash flows from investing activities | ¥-77,798 million |
| Cash flows from financing activities | ¥-115,404 million |
| Cash and cash equivalents at end of period | ¥171,755 million |
| Full-year earnings forecast | Net Sales ¥1,670,000 million (YoY +4.9%) / Operating profit ¥149,000 million (YoY +5.1%) / Ordinary income ¥148,500 million (YoY +4.7%) / Net income ¥109,000 million (YoY +4.3%) |
| Annual Dividend Forecast | ¥80 per share → ¥110 per share（+37.5%） |
| Payout ratio | 29.9％ |
| Shareholder Return Policy | 親会社の所有者に帰属する当期利益に対する連結配当性向40％以上を目安（2024年度以降） |
| Segment revenue | Japan Business ¥708,141 million (YoY +8.4%), Asia-Pacific Business ¥371,435 million (YoY +5.3%), European Business ¥339,274 million (YoY +13.4%), Americas Business ¥172,871 million (YoY +18.8%) |
| Segment profit | Japan Business ¥40,455 million (YoY +21.0%), Asia-Pacific Business ¥43,075 million (YoY -25.4%), European Business ¥51,725 million (YoY +22.8%), Americas Business ¥20,982 million (YoY +15.2%) |
| Regional sales | Region Japan / Current fiscal year ¥708,141 million / Previous period ¥653,199 million, Region Asia Pacific / Current fiscal year ¥371,409 million / Previous period ¥352,578 million, Region Europe / Current fiscal year ¥339,300 million / Previous period ¥299,142 million, Region Americas / Current fiscal year ¥172,871 million / Previous period ¥145,477 million |
| Depreciation and amortization | ¥73,079 million |
| Impairment loss | 553百万円（減損損失及び減損損失戻入（△は益）として記載、対象資産はNot disclosed） |
| Disclosure regarding the going concern assumption | No applicable matters ("There are no applicable matters") |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement Not disclosed |
| Changes in the scope of consolidation | New 0 companies / Excluded 0 companies / Company name None |
| Material subsequent events | No applicable matters. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (for institutional investors and securities analysts) |
| Issued Shares at Period-End | 309,000,000 |
| Treasury Shares at Period-End | 148 |
| Factors Behind Changes in Business Performance | ブランド強化や新規需要の創造、販売数量の増加、価格改定を含むRGM、売上収益の伸長、コストマネジメント。原材料高及び為替変動によるコスト増の影響はあった。 |
Items this document does not state (3)
Revision to Earnings ForecastOrders received and order backlogBreakdown of extraordinary income (loss)
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.ブランド強化や新規需要の創造、販売数量の増加、価格改定を含むRGM、売上収益の伸長、コストマネジメントが寄与した。一方、原材料高や為替変動によるコスト増の影響も受けた。配当方針については、株主への利益還元をより拡充するため、連結配当性向の目安を40％以上へ引き上げた。
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.