Worth reading
62In focus
Scored from 4 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
9
%Wording
Conditional
How definitive the wording is.Results for this period
Full year1 January 2025 to 31 December 2025ConsolidatedIFRSNet Sales94,193¥ millionYear on year +3.9%Progress 93.3%
Operating profit16,709¥ millionYear on year -9.0%Progress 86.1%
Ordinary income15,971¥ millionYear on year -11.2%Progress 86.8%
Net income attributable to owners of the parent11,401¥ millionYear on year -16.3%Progress 91.2%
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 share¥50.19
Operating Margin17.7%
Financial position at period-end
Total assets185,209¥ million
of which net assets 88,396 ¥ millionEquity ratio 47.7%vs. prior year-end +1.6pt
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+9,387
Investment-6,628
Financials-6,595
Net change-3,836
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¥24,275 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥101,000 million (YoY +7.2%)
Operating profit¥19,400 million (YoY +16.1%)
Ordinary income¥18,400 million (YoY +15.2%)
Net income¥12,500 million (YoY +9.6%)
Annual Dividend Forecast¥18.8 → ¥19（+1.1%）
Payout ratioFiscal year ending December 2025 37.5 / Forecast for the fiscal year ending December 2026 34.4
Factors Behind Changes in Business Performance
米国を除く地域で分析機器需要が回復し、AI・データセンター向け等の需要を捕捉したことで売上収益が増加した。一方、製造キャパシティ増強、研究開発投資、製品・地域ミックス変化、EUV需要減、米国サービス売上減により営業利益が減少した。
Disclosure regarding the going concern assumption
Not applicable.
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 Number of companies 1 / Company name 理学股分有限公司 / Excluded Number of companies 0 / Company name Not disclosed
Material subsequent events2026年2月13日付で自己株式4,284,500株を消却した。消却後の発行済株式総数は226,172,900株。
Impairment loss¥23 million
Depreciation and amortization¥5,127 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for analysts and institutional investors)
Issued Shares at Period-End230,375,000
Treasury Shares at Period-End4,304,101
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | IFRS |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 January 2025 to 31 December 2025 |
| Net Sales | ¥94,193 million (YoY +3.9%) |
| Operating profit | ¥16,709 million (YoY -9.0%) |
| Ordinary income | ¥15,971 million (YoY -11.2%) |
| Profit attributable to owners of the parent | ¥11,401 million (YoY -16.3%) |
| Net income per share | ¥50.19 |
| Operating Margin | 17.7% |
| Equity ratio | End of the current fiscal period 47.7% / End of previous period 46.1% |
| Total assets | ¥185,209 million |
| Net assets | ¥88,396 million |
| Cash flows from operating activities | ¥9,387 million |
| Cash flows from investing activities | ¥-6,628 million |
| Cash flows from financing activities | ¥-6,595 million |
| Cash and cash equivalents at end of period | ¥24,275 million |
| Full-year earnings forecast | Net Sales ¥101,000 million (YoY +7.2%) / Operating profit ¥19,400 million (YoY +16.1%) / Ordinary income ¥18,400 million (YoY +15.2%) / Net income ¥12,500 million (YoY +9.6%) |
| Annual Dividend Forecast | ¥18.8 → ¥19（+1.1%） |
| Payout ratio | Fiscal year ending December 2025 37.5 / Forecast for the fiscal year ending December 2026 34.4 |
| Depreciation and amortization | ¥5,127 million |
| Impairment loss | ¥23 million |
| Disclosure regarding the going concern assumption | Not applicable. |
| 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 Number of companies 1 / Company name 理学股分有限公司 / Excluded Number of companies 0 / Company name Not disclosed |
| Material subsequent events | 2026年2月13日付で自己株式4,284,500株を消却した。消却後の発行済株式総数は226,172,900株。 |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (for analysts and institutional investors) |
| Issued Shares at Period-End | 230,375,000 |
| Treasury Shares at Period-End | 4,304,101 |
| Factors Behind Changes in Business Performance | 米国を除く地域で分析機器需要が回復し、AI・データセンター向け等の需要を捕捉したことで売上収益が増加した。一方、製造キャパシティ増強、研究開発投資、製品・地域ミックス変化、EUV需要減、米国サービス売上減により営業利益が減少した。 |
Items this document does not state (7)
Revision to Earnings ForecastShareholder Return PolicySegment revenueSegment profitRegional salesOrders 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.売上収益は、米国を除く地域で分析機器需要が回復し、AIやデータセンター向け等の先端技術需要を背景に需要を捕捉したことで増加した。営業利益は、製造キャパシティの増強や研究開発投資、製品・地域ミックスの変化、利益率の高いEUV需要の減少、トランプ政策の影響を受けた米国サービス売上の減少により減少した。
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.