Worth reading
42Recurring
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
21.2
Year-on-year change in revenue (%)Wording
Conditional
How definitive the wording is.Results for this period
Third quarter1 January 2026 to 30 September 2026ConsolidatedJapanese GAAPNet Sales35,773Millions of yenYear on year +21.2%Progress 77.7%
Operating profit900Millions of yenYear on year +70.9%Progress 96.6%
Ordinary income1,033Millions of yenYear on year +100.1%Progress 94.4%
Net income attributable to owners of the parent778Millions of yenYear on year +128.3%Progress 96.9%
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 share¥60.36
Financial position at period-end
Total assets21,833Millions of yen
of which net assets 11,550 Millions of yenEquity ratio 49.8%vs. prior year-end -0.2pt
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.
Segment revenue
Automotive sales-related business35,656,44599.7%+21.0%
Other (Reuse Distribution Business)116,8350.3%+87.5%
Segment profit
Automotive sales-related business1,003,885+60.1%
Other (Reuse Distribution Business)-29,077
Outlook and shareholder returns
Full-year earnings forecast
Net Sales46,016 Millions of yen (YoY +12.8%)
Operating profit932 Millions of yen (YoY +64.0%)
Ordinary income1,094 Millions of yen (YoY +95.7%)
Net income803 Millions of yen (YoY +1.9%)
Revision to Earnings ForecastNet Sales Not disclosed / Operating profit Not disclosed / Ordinary income Not disclosed / Net income Not disclosed / Notes The cover page states that there was no revision, but the body states that the forecast was revised on 17 September 2026.
Annual Dividend Forecast10 Yen → 15 Yen（+50.0%）
Factors Behind Changes in Business Performance
Solid demand from Malaysia against a backdrop of yen depreciation, an increase in shipments, the recovery trend in domestic new vehicle registrations, and solid gross profit per used vehicle. In Thailand, sales of Japanese vehicles were sluggish as the number of Chinese-made electric vehicles increased.
Disclosure regarding the going concern assumption
No applicable matters
Change in accounting policy
基準改正に伴う変更 Noneそれ以外の変更 None見積りの変更 None修正再表示 None
Changes in the scope of consolidationNew 0 / Excluded 0 / Company name None
Breakdown of extraordinary income (loss)Extraordinary income Reversal of provision for directors' retirement benefits 57,591 Thousands of yen, Gain on reversal of stock acquisition rights 355 Thousands of yen / Extraordinary loss Loss on valuation of investment securities 60 Thousands of yen
Depreciation and amortization53,273 Thousands of yen
Availability of Supplementary Financial Results MaterialsNone
Availability of Financial Results BriefingNone
Issued Shares at Period-End13,943,400
Treasury Shares at Period-End1,020,279
| Item | Details |
|---|---|
| Fiscal Period Classification | Third quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 January 2026 to 30 September 2026 |
| Net Sales | 35,773 Millions of yen (YoY +21.2%) |
| Operating profit | 900 Millions of yen (YoY +70.9%) |
| Ordinary income | 1,033 Millions of yen (YoY +100.1%) |
| Profit attributable to owners of the parent | 778 Millions of yen (YoY +128.3%) |
| Net income per share | ¥60.36 |
| Equity ratio | End of the current fiscal period 49.8 / End of previous period 50 |
| Total assets | 21,833 Millions of yen |
| Net assets | 11,550 Millions of yen |
| Full-year earnings forecast | Net Sales 46,016 Millions of yen (YoY +12.8%) / Operating profit 932 Millions of yen (YoY +64.0%) / Ordinary income 1,094 Millions of yen (YoY +95.7%) / Net income 803 Millions of yen (YoY +1.9%) |
| Revision to Earnings Forecast | Net Sales Not disclosed / Operating profit Not disclosed / Ordinary income Not disclosed / Net income Not disclosed / Notes The cover page states that there was no revision, but the body states that the forecast was revised on 17 September 2026. |
| Annual Dividend Forecast | 10 Yen → 15 Yen（+50.0%） |
| Segment revenue | Automotive sales-related business 35,656,445 Thousands of yen (YoY +21.0%) / Other (Reuse Distribution Business) 116,835 Thousands of yen (YoY +87.5%) |
| Segment profit | Automotive sales-related business 1,003,885 Thousands of yen (YoY +60.1%) / Other (Reuse Distribution Business) -29,077 Thousands of yen |
| Depreciation and amortization | 53,273 Thousands of yen |
| Breakdown of extraordinary income (loss) | Extraordinary income Reversal of provision for directors' retirement benefits 57,591 Thousands of yen, Gain on reversal of stock acquisition rights 355 Thousands of yen / Extraordinary loss Loss on valuation of investment securities 60 Thousands of yen |
| Disclosure regarding the going concern assumption | No applicable matters |
| Change in accounting policy | Changes due to revisions to standards None / Other changes None / Change in accounting estimate None / Restatement None |
| Changes in the scope of consolidation | New 0 / Excluded 0 / Company name None |
| Availability of Supplementary Financial Results Materials | None |
| Availability of Financial Results Briefing | None |
| Issued Shares at Period-End | 13,943,400 |
| Treasury Shares at Period-End | 1,020,279 |
| Factors Behind Changes in Business Performance | Solid demand from Malaysia against a backdrop of yen depreciation, an increase in shipments, the recovery trend in domestic new vehicle registrations, and solid gross profit per used vehicle. In Thailand, sales of Japanese vehicles were sluggish as the number of Chinese-made electric vehicles increased. |
Items this document does not state (11)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogImpairment lossMaterial subsequent events
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.Demand from Malaysia remained solid against a backdrop of yen depreciation, and shipments increased by more than initially forecast. In Japan, new vehicle registrations were recovering, while gross profit per vehicle in retail and wholesale remained solid. In Thailand, sales of Japanese vehicles were sluggish as the number of Chinese-made electric vehicles increased, making it difficult to secure the gross profit initially planned.
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.