Worth reading
56In 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
18
¥100 million (increase in the full-year operating profit forecast versus the previous forecast)Wording
Conditional
How definitive the wording is.Contents of this document
Earnings presentation materialsSecond quarter of the fiscal year ending March 20277 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥705 100 million+18.5%
Operating profit¥43 100 million+50.8%
Net income¥24 100 million +107.1%interim profit attributable to owners of the parent
Operating profit margin6.2 %
Results for the three months of the current quarter
Fiscal year ending March 2027, second quarter alone
Revenue
¥360 100 million
Operating profit
¥22 100 million
Full-year earnings forecast
Revenue
¥1,420 100 million
Operating profit
¥88 100 million
Profit for the period attributable to owners of the parent
¥54 100 million
Equity ratio
44.2 %
ROE
12.6 %
ROIC
9.5 %
Interim Dividend
¥31 per share
Year-end dividend
¥32 per share
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Interim results significantly exceeded the initial forecastBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Change in profit from core operations in the manufacturing business¥13 100 million
- Impairment of fixed assets in the manufacturing business¥-2 100 million
- Reversal of one-off gains and losses in the same period of the previous year, including the absence of ¥1.3 billion in gains on real estate sales and the reversal of the ¥500 million impairment of fixed assets recorded in the previous year¥-8 100 million
- Change in profit from core operations in the trading business¥11 100 million
- Reversal of structural transformation costs incurred in the same period of the previous year¥2 100 million
- Corporate expenses and other items¥-2 100 million
New initiatives
- Preparations to begin production of printing plates for alignment films in China
- Completion of the consolidation of filter manufacturing operations from China into Thailand
Key KPIsA metric the company considers important as a management benchmark.
- Equity ratio42.1 %Year on year against the same period last year+0.1%
- Free cash flow¥-32 100 millionYear on year against the same period last year-55.0%
Segment results
- Manufacturing BusinessRevenue¥197 100 millionOperating profit¥25 100 million
- Trading businessRevenue¥523 100 millionOperating profit¥27 100 million
Financial targets
ROE
Actual results8.9 %
Full-year forecast12.6 %
ROIC
Actual results6.4 %
Full-year forecast9.5 %
Equity ratio
Actual results42 %
Full-year forecast44.2 %
Annual Dividend
Annual total
¥63 per share
Interim
¥31 per share
End of period
¥32 per share
| Item | Details |
|---|---|
| Document type | Earnings presentation materials |
| Fiscal Period Covered | Second quarter of the fiscal year ending March 2027 |
| Net Sales | ¥705 100 million (YoY +18.5%) |
| Operating profit | ¥43 100 million (YoY +50.8%) |
| Net income | ¥24 100 million (interim profit attributable to owners of the parent) (YoY +107.1%) |
| Operating profit margin | 6.2 % |
| Results for the three months of the current quarter | Subject Fiscal year ending March 2027, second quarter alone / Revenue ¥360 100 million / Operating profit ¥22 100 million |
| Full-year earnings forecast | Revenue ¥1,420 100 million / Operating profit ¥88 100 million / Profit for the period attributable to owners of the parent ¥54 100 million / Equity ratio 44.2 % / ROE 12.6 % / ROIC 9.5 % / Interim Dividend ¥31 per share / Year-end dividend ¥32 per share |
| Self-assessment against the plan | Interim results significantly exceeded the initial forecast |
| Segment results | Segment Manufacturing Business / Revenue ¥197 100 million / Operating profit ¥25 100 million / Year on year against the same period last year Not disclosed, Segment Trading business / Revenue ¥523 100 million / Operating profit ¥27 100 million / Year on year against the same period last year Not disclosed |
| Breakdown of Factors Affecting the Change | Factors Change in profit from core operations in the manufacturing business / Amount ¥13 100 million, Factors Impairment of fixed assets in the manufacturing business / Amount ¥-2 100 million, Factors Reversal of one-off gains and losses in the same period of the previous year, including the absence of ¥1.3 billion in gains on real estate sales and the reversal of the ¥500 million impairment of fixed assets recorded in the previous year / Amount ¥-8 100 million, Factors Change in profit from core operations in the trading business / Amount ¥11 100 million, Factors Reversal of structural transformation costs incurred in the same period of the previous year / Amount ¥2 100 million, Factors Corporate expenses and other items / Amount ¥-2 100 million |
| Key KPIs | Indicator name Equity ratio / Value 42.1 % / Year on year against the same period last year 0.1 %, Indicator name Free cash flow / Value ¥-32 100 million / Year on year against the same period last year ¥-55 100 million |
| Financial targets | ROE Actual results 8.9 % / Full-year forecast 12.6 % / ROIC Actual results 6.4 % / Full-year forecast 9.5 % / Equity ratio Actual results 42 % / Full-year forecast 44.2 % |
| Annual Dividend | Annual total ¥63 per share / Interim ¥31 per share / End of period ¥32 per share |
| New initiatives | Preparations to begin production of printing plates for alignment films in China, Completion of the consolidation of filter manufacturing operations from China into Thailand |
Items this document does not state (16)
Ordinary incomeGross Profit MarginSelling, general and administrative expensesProgress against full-year forecastUnit price and quantity metricsNumber of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan targetsPayout ratioAcquisition 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.The interim results significantly exceeded the initial forecast, and demand for materials related to data centers and other areas is expected to continue broadly in the second half. The company also cited growth in the production and sales of related materials in both its manufacturing and trading businesses, driven by increased data center demand accompanying the spread of generative AI.
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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.