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Presentation materials for financial results2676TAKACHIHO KOHEKI CO.,LTD.Trading & Wholesale

Financial Results Presentation Materials for the Fiscal Year Ending March 2026

In the fiscal year ended March 2026, revenue increased on strong performance in Business Security, while operating income and ordinary income reached record highs since listing. Net income declined, however, due to lower profit in Electromechanics and an impairment loss on investment securities. For the fiscal year ending March 2027, the company plans revenue and profit growth in both segments.

Worth reading
67In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
249
¥ million (year-on-year increase in operating income)
Wording
Conditional
How definitive the wording is.

Contents of this document

Presentation materials for financial resultsFiscal year ending March 2026, full year12 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥29,510 million+5.0%
Operating profit¥2,098 million+0.9%
Ordinary income¥2,408 million+20.1%
Net income¥1,415 million-2.9%
Selling, general and administrative expenses¥5,285 million
Gross Profit Margin
Rate25.0%
Year on year against the same period last year+0.4pt
Operating profit margin
Rate7.1%
Year on year against the same period last year▲0.3pt
Results for the three months of the current quarterQuarterly standalone revenue for the fiscal year ended March 2026 was disclosed in a graph by subsegment. Standalone quarterly figures for the consolidated income statement: not disclosed.
Full-year earnings forecast
Fiscal year ending March 2027
Net Sales
¥32,000 million
Gross profit
¥8,300 million
Operating profit
¥2,350 million
Ordinary income
¥2,300 million
Profit attributable to owners of the parent
¥1,650 million
ROE9.3%
EPS¥88.33
Annual dividend¥76.0
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Business Security exceeded the plan, while Electromechanics fell short of the plan
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
  • Business Security revenue+¥122 million
    FactorsRetail Solutions
  • Business Security revenue+¥711 million
    FactorsBusiness Solutions
  • Business Security revenue+¥684 million
    FactorsGlobal reach
  • Business Security revenue-¥75 million
    FactorsMaintenance Services
  • Electromechanics revenue-¥87 million
    FactorsElectronics
  • Electromechanics revenue+¥55 million
    FactorsMechanics
New initiatives
  • Launch of halcyon ransomware protection platform services in Japan
  • Launch of the TK-SNOC service
  • Beginning to handle optical-related products and developing the Optical Solutions business
  • Developing services and functions including Cloom, Linx Program, and EMLINX
  • Renewing core systems and promoting the use of AI in operations
Key KPIsA metric the company considers important as a management benchmark.
  • Subscription-based business revenue¥2,726 million
    Year on year against the same period last year+8.1%
  • Subscription-based business revenue ratio18.0%
  • Subscription-based business operating margin19.9%
    Year on year against the same period last yearDown
  • Number of loyal-customer companies145 companies
    Year on year against the same period last year+5 companies
  • Number of cross-selling companies83 companies
    Year on year against the same period last year+3 companies
  • Average revenue per customer¥18 million
    Year on year against the same period last yearDown ¥2 million
Segment results
  • Business Security
    Net Sales15,152
    Revenue unit¥ million
    Year-on-year change in revenue+10.5%
    Operating profit1,402
    Operating profit unit¥ million
    Year-on-year operating profit growth+21.6%
    Operating profit margin9.3%
  • Electromechanics
    Net Sales14,358
    Revenue unit¥ million
    Year-on-year change in revenue▲0.2%
    Operating profit695
    Operating profit unit¥ million
    Year-on-year operating profit growth▲24.9%
    Operating profit margin4.8%
Medium-term management plan targets
  • Target fiscal yearFiscal year ending March 2028
    Net Sales¥35.0 billion
    Operating profit¥3 billion
    Ordinary income¥2.8 billion
    ROE10% or higher
  • Target fiscal year2030
    Net Sales¥50.0 billion
    Operating profit margin10% or higher
    ROE13% or more
Financial targets
ROE target10% or higher
Actual ROE8.2% for the fiscal year ended March 2026
Equity ratio target50% or higher
ROICTarget and actual values: not disclosed
Market Size / Share
Market sizes were disclosed for the domestic surveillance camera systems market, domestic network security business market, domestic data center services market, and global RFID solutions market. The company does business with more than 30% of approximately 10 major foreign-affiliated data center operators.
Orders received and order backlog
Orders received
Fiscal year ending March 2025¥27,884 million
Fiscal year ending March 2026¥30,533 million
Order backlog
End of March 2025¥10,503 million at March 2025
End of March 2026¥11,526 million at March 2026
Number of employees
Number of Employees532 consolidated, 319 non-consolidated
Record date31 March 2026
Annual Dividend
Fiscal year ending March 2026¥76.0
Forecast for the fiscal year ending March 2027¥76.0
Payout ratio
100% for the fiscal year ended March 2026; progressive dividend policy from the fiscal year ending March 2027 onward
Contents of this document
ItemDetails
Document typePresentation materials for financial results
Fiscal Period CoveredFiscal year ending March 2026, full year
Net Sales¥29,510 million (YoY +5.0%)
Operating profit¥2,098 million (YoY +0.9%)
Ordinary income¥2,408 million (YoY +20.1%)
Net income¥1,415 million (YoY -2.9%)
Gross Profit MarginRate 25.0% / Year on year against the same period last year +0.4pt
Operating profit marginRate 7.1% / Year on year against the same period last year ▲0.3pt
Selling, general and administrative expenses¥5,285 million
Results for the three months of the current quarterQuarterly standalone revenue for the fiscal year ended March 2026 was disclosed in a graph by subsegment. Standalone quarterly figures for the consolidated income statement: not disclosed.
Full-year earnings forecastSubject Fiscal year ending March 2027 / Net Sales ¥32,000 million / Gross profit ¥8,300 million / Operating profit ¥2,350 million / Ordinary income ¥2,300 million / Profit attributable to owners of the parent ¥1,650 million / ROE 9.3% / EPS ¥88.33 / Annual dividend ¥76.0
Self-assessment against the planBusiness Security exceeded the plan, while Electromechanics fell short of the plan
Segment resultsSegment Business Security / Net Sales 15,152 / Revenue unit ¥ million / Year-on-year change in revenue +10.5% / Operating profit 1,402 / Operating profit unit ¥ million / Year-on-year operating profit growth +21.6% / Operating profit margin 9.3%, Segment Electromechanics / Net Sales 14,358 / Revenue unit ¥ million / Year-on-year change in revenue ▲0.2% / Operating profit 695 / Operating profit unit ¥ million / Year-on-year operating profit growth ▲24.9% / Operating profit margin 4.8%
Breakdown of Factors Affecting the ChangeSubject Business Security revenue / Factors Retail Solutions / Amount +¥122 million, Subject Business Security revenue / Factors Business Solutions / Amount +¥711 million, Subject Business Security revenue / Factors Global reach / Amount +¥684 million, Subject Business Security revenue / Factors Maintenance Services / Amount -¥75 million, Subject Electromechanics revenue / Factors Electronics / Amount -¥87 million, Subject Electromechanics revenue / Factors Mechanics / Amount +¥55 million
Key KPIsIndicator name Subscription-based business revenue / Value ¥2,726 million / Year on year against the same period last year +8.1%, Indicator name Subscription-based business revenue ratio / Value 18.0% / Year on year against the same period last year Not disclosed, Indicator name Subscription-based business operating margin / Value 19.9% / Year on year against the same period last year Down, Indicator name Number of loyal-customer companies / Value 145 companies / Year on year against the same period last year +5 companies, Indicator name Number of cross-selling companies / Value 83 companies / Year on year against the same period last year +3 companies, Indicator name Average revenue per customer / Value ¥18 million / Year on year against the same period last year Down ¥2 million
Number of employeesNumber of Employees 532 consolidated, 319 non-consolidated / Record date 31 March 2026 / Change during the period Not disclosed / Hiring plan Not disclosed
Medium-term management plan targetsTarget fiscal year Fiscal year ending March 2028 / Net Sales ¥35.0 billion / Operating profit ¥3 billion / Ordinary income ¥2.8 billion / ROE 10% or higher, Target fiscal year 2030 / Net Sales ¥50.0 billion / Operating profit margin 10% or higher / ROE 13% or more
Financial targetsROE target 10% or higher / Actual ROE 8.2% for the fiscal year ended March 2026 / Equity ratio target 50% or higher / ROIC Target and actual values: not disclosed
Annual DividendFiscal year ending March 2026 ¥76.0 / Forecast for the fiscal year ending March 2027 ¥76.0 / Interim and Year-End Breakdown Not disclosed
Payout ratio100% for the fiscal year ended March 2026; progressive dividend policy from the fiscal year ending March 2027 onward
Orders received and order backlogOrders received Fiscal year ending March 2025 ¥27,884 million / Fiscal year ending March 2026 ¥30,533 million / Order backlog End of March 2025 ¥10,503 million at March 2025 / End of March 2026 ¥11,526 million at March 2026
Market Size / ShareMarket sizes were disclosed for the domestic surveillance camera systems market, domestic network security business market, domestic data center services market, and global RFID solutions market. The company does business with more than 30% of approximately 10 major foreign-affiliated data center operators.
New initiativesLaunch of halcyon ransomware protection platform services in Japan, Launch of the TK-SNOC service, Beginning to handle optical-related products and developing the Optical Solutions business, Developing services and functions including Cloom, Linx Program, and EMLINX, Renewing core systems and promoting the use of AI in operations
Items this document does not state (8)
Progress against full-year forecastUnit price and quantity metricsNumber of stores and locationsAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookAcquisition 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 Business Security, security systems for data centers and offices, the Thai subsidiary, and fire protection systems performed well. Revenue growth in the high-margin Business Solutions business also contributed. In Electromechanics, weak demand for automotive equipment and modules, higher procurement costs due to the weaker yen, and higher selling, general and administrative expenses from growth investments, including an increase in sales personnel, reduced profit. The decline in net income was due to the recognition of an impairment loss on investment securities.

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Financial Results Presentation Materials for the Fiscal Year Ending March 2026 | TAKACHIHO KOHEKI CO.,LTD. (2676) timely disclosure | Komori