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Earnings presentation materials2676TAKACHIHO KOHEKI CO.,LTD.Trading & Wholesale

Supplementary Earnings Presentation Materials for the Second Quarter of the Fiscal Year Ending March 2027

In the first half of the fiscal year ending March 2027, revenue, operating profit, ordinary profit and net income all exceeded the year-earlier period, driven mainly by Business Security, and the company posted record-high profit since listing. The full-year forecast remains unchanged, and the company stated that it achieved its first-half plan.

Worth reading
68In focus
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
2122
Millions of yen (year-on-year increase in revenue)
Wording
Conditional
How definitive the wording is.

Contents of this document

Supplementary Materials to the Earnings ReportSecond quarter (cumulative) of the fiscal year ending March 202710 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥15,594 million+15.8%
Operating profit¥1,137 million+19.2%
Ordinary income¥1,117 million+13.4%
Net income726 Millions of yen +1.3%net income attributable to owners of the parent
Gross Profit Margin26 %
Operating profit margin7.3 %
Selling, general and administrative expenses¥2,923 million
Results for the three months of the current quarter
Net Sales
¥8,601 million
Operating profit
¥789 million
Full-year earnings forecast
Net Sales
¥32,000 million
Gross profit
¥8,300 million
Selling, general and administrative expenses
¥5,950 million
Operating profit
¥2,350 million
Ordinary income
¥2,300 million
Net income
¥1,650 million
ROE
9.3 %
EPS
¥88.33
Annual dividend
¥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 Sales48.7 %
Operating profit48.4 %
Ordinary income48.6 %
Net income44 %
Gross profit48.9 %
Business Security revenue49.5 %
Business Security operating profit52.2 %
Electromechanics revenue47.9 %
Electromechanics operating profit40.6 %
Retail Solutions revenue41.3 %
Business Solutions revenue53.2 %
Global revenue58.1 %
Maintenance services revenue47 %
Electronics revenue46.7 %
Mechanics revenue50.2 %
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Cumulative second-quarter plan achieved; full-year plan unchanged from the initial plan
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Business Security revenue
Retail Solutions77
Business Solutions662
Global358
Maintenance services145
Electromechanics revenue
Electronics624
Mechanics253
New initiatives
  • Advertising initiatives, including growth investment, raising corporate awareness and product promotion
  • Introduction of a progressive dividend policy from the fiscal year ending March 2027
  • Incorporating the order backlog and strengthening order controls to optimize inventory levels
  • Reviewing transaction terms to improve cash flow
Key KPIsA metric the company considers important as a management benchmark.
  • Subscription-based business revenue¥2,726 million
    Year-on-year (%)30.1
  • Subscription revenue ratio21.2 %
  • Managed services revenue¥788 million
    Year-on-year (%)62.7
  • Cloud license revenue¥696 million
    Year-on-year (%)50.2
  • Inventory turnover days60.9 Days
  • Trade receivables turnover days80.9 Days
  • Trade payables turnover days50 Days
Segment results
Business Security
Net Sales
¥8,168 million+18.0%
Operating profit
¥824 million+24.7%
Operating profit margin
10.1 %
yoy_change_pt0.6
Electromechanics
Net Sales
¥7,426 million+13.4%
Operating profit
¥312 million+6.8%
Operating profit margin
4.2 %
yoy_change_pt-0.3
Medium-term management plan targets
Fiscal year ending March 2028
Net Sales¥35,000 million
Operating profit¥3,000 million
Unit_Operating profit¥ million
Ordinary income¥2,800 million
Unit_Ordinary profit¥ million
ROE¥10 million
unit_ROE%
2030
Net Sales¥50,000 million
Operating profit margin¥10 million
Unit_Operating margin% or higher
ROE¥13 million
unit_ROE% or higher
Actual results for the fiscal year ending March 2026
Net Sales¥29,500 million
Operating profit¥2,000 million
Unit_Operating profit¥ million
Ordinary income¥2,400 million
Unit_Ordinary profit¥ million
ROE¥8.2 million
unit_ROE%
Financial targets
ROE
Full-year plan9.3 %
Actual results8.2 %
Number of employees
Consolidated532 People
Non-consolidated319 People
Record date31 March 2026
Annual Dividend
¥76
Payout ratio
The payout ratio was 100% for the fiscal year ended March 2026. A progressive dividend policy will be introduced from the fiscal year ending March 2027.
Contents of this document
ItemDetails
Document typeSupplementary Materials to the Earnings Report
Fiscal Period CoveredSecond quarter (cumulative) of the fiscal year ending March 2027
Net Sales¥15,594 million (YoY +15.8%)
Operating profit¥1,137 million (YoY +19.2%)
Ordinary income¥1,117 million (YoY +13.4%)
Net income726 Millions of yen (net income attributable to owners of the parent) (YoY +1.3%)
Gross Profit Margin26 %
Operating profit margin7.3 %
Selling, general and administrative expenses¥2,923 million
Results for the three months of the current quarterNet Sales ¥8,601 million / Operating profit ¥789 million
Full-year earnings forecastNet Sales ¥32,000 million / Gross profit ¥8,300 million / Selling, general and administrative expenses ¥5,950 million / Operating profit ¥2,350 million / Ordinary income ¥2,300 million / Net income ¥1,650 million / ROE 9.3 % / EPS ¥88.33 / Annual dividend ¥76
Progress against full-year forecastNet Sales 48.7 % / Operating profit 48.4 % / Ordinary income 48.6 % / Net income 44 % / Gross profit 48.9 % / Business Security revenue 49.5 % / Business Security operating profit 52.2 % / Electromechanics revenue 47.9 % / Electromechanics operating profit 40.6 % / Retail Solutions revenue 41.3 % / Business Solutions revenue 53.2 % / Global revenue 58.1 % / Maintenance services revenue 47 % / Electronics revenue 46.7 % / Mechanics revenue 50.2 %
Self-assessment against the planCumulative second-quarter plan achieved; full-year plan unchanged from the initial plan
Segment resultsBusiness Security Net Sales ¥8,168 million (YoY +18.0%) / Operating profit ¥824 million (YoY +24.7%) / Operating profit margin 10.1 % / Electromechanics Net Sales ¥7,426 million (YoY +13.4%) / Operating profit ¥312 million (YoY +6.8%) / Operating profit margin 4.2 %
Breakdown of Factors Affecting the ChangeBusiness Security revenue Retail Solutions 77 / Business Solutions 662 / Global 358 / Maintenance services 145 / Electromechanics revenue Electronics 624 / Mechanics 253
Key KPIsIndicator name Subscription-based business revenue / Value ¥2,726 million / Year-on-year (%) ¥30.1 million, Indicator name Subscription revenue ratio / Value 21.2 % / Year on year against the same period last year Not disclosed, Indicator name Managed services revenue / Value ¥788 million / Year-on-year (%) ¥62.7 million, Indicator name Cloud license revenue / Value ¥696 million / Year-on-year (%) ¥50.2 million, Indicator name Inventory turnover days / Value 60.9 Days / Year on year against the same period last year Not disclosed, Indicator name Trade receivables turnover days / Value 80.9 Days / Year on year against the same period last year Not disclosed, Indicator name Trade payables turnover days / Value 50 Days / Year on year against the same period last year Not disclosed
Number of employeesConsolidated 532 People / Non-consolidated 319 People / Record date 31 March 2026
Medium-term management plan targetsFiscal year ending March 2028 Net Sales ¥35,000 million / Operating profit ¥3,000 million / Unit_Operating profit ¥ million / Ordinary income ¥2,800 million / Unit_Ordinary profit ¥ million / ROE ¥10 million / unit_ROE % / 2030 Net Sales ¥50,000 million / Operating profit margin ¥10 million / Unit_Operating margin % or higher / ROE ¥13 million / unit_ROE % or higher / Actual results for the fiscal year ending March 2026 Net Sales ¥29,500 million / Operating profit ¥2,000 million / Unit_Operating profit ¥ million / Ordinary income ¥2,400 million / Unit_Ordinary profit ¥ million / ROE ¥8.2 million / unit_ROE %
Financial targetsROE Full-year plan 9.3 % / Actual results 8.2 %
Annual Dividend¥76
Payout ratioThe payout ratio was 100% for the fiscal year ended March 2026. A progressive dividend policy will be introduced from the fiscal year ending March 2027.
New initiativesAdvertising initiatives, including growth investment, raising corporate awareness and product promotion, Introduction of a progressive dividend policy from the fiscal year ending March 2027, Incorporating the order backlog and strengthening order controls to optimize inventory levels, Reviewing transaction terms to improve cash flow
Items this document does not state (9)
Unit price and quantity metricsNumber of stores and locationsAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookAcquisition of treasury sharesCapital 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.

In Business Security, access control systems for foreign-affiliated offices, subscription-based managed services and cloud licenses, and security systems for data centers in Thailand performed well. In Electromechanics, products for industrial and business equipment, mechanical components for semiconductor manufacturing equipment, and planning and development products for kitchens performed well.

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.
Supplementary Earnings Presentation Materials for the Second Quarter of the Fiscal Year Ending March 2027 | TAKACHIHO KOHEKI CO.,LTD. (2676) timely disclosure | Komori