Worth reading
74In 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
15.7
Year-on-year change in operating income (%)Wording
Conditional
How definitive the wording is.Contents of this document
Supplementary materials to the earnings reportFirst quarter 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¥5,146 million+7.1%
Operating profit¥250 million+15.7%
Ordinary income¥298 million+90.1%
Net income¥206 million+224.8%
Selling, general and administrative expenses¥867 million
Gross Profit Margin
Rate21.7%
Year-on-year change (points)Down 0.6 percentage points year on year
Operating profit margin
Rate4.9%
Year-on-year change (points)Up 0.4 percentage points year on year
Results for the three months of the current quarter
Net Sales¥5,146 million (up 7.1% year on year)
Operating profit¥250 million (up 15.7% year on year)
Ordinary income¥298 million (up 90.1% year on year)
Profit attributable to owners of parent for the quarter¥206 million (up 224.8% year on year)
Full-year earnings forecast
Net Sales
¥20,100 million
Operating profit
¥950 million
Ordinary income
¥960 million
Profit attributable to owners of the parent
¥715 million
Earnings per share
¥62.77
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 Sales53.1% of the first-half forecast
Operating profit62.5% of the first-half forecast
Ordinary income74.7% of the first-half forecast
Profit attributable to owners of parent for the quarter76.7% of the first-half forecast
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Increase in revenueUp ¥342 million (including a ¥131 million benefit from price increases)
Increase in raw material and fuel costsDown ¥235 million
Increase in fixed manufacturing costsDown ¥58 million
Decrease in personnel expenses included in SG&A expensesUp ¥4 million
Increase in freight expensesDown ¥9 million
Increase in R&D expenses-¥6 million
Increase in other expensesDown ¥2 million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Exchange rateFiscal year ending March 2027 forecast: ¥22.6 per yuan and ¥157 per dollar
Middle East situationFactors of concern, including higher raw material and fuel costs and uncertainty over the procurement of packaging materials, are incorporated into the forecast
New initiatives
- Promote new product development and proposal-based sales for caramel products
- Plan to launch new frozen Chinese yam products
- Continue launching new frozen Japanese confectionery products and conducting proposal-based sales
Key KPIsA metric the company considers important as a management benchmark.
- Year-on-year growth in powdered tea for beverage dispensersDouble-digitYear on year against the same period last yearFive consecutive months
- Year-on-year change in frozen Chinese yam revenue22 %Year on year against the same period last year+22%
- Own-product share of revenue71.8 %Year on year against the same period last year71.6% in the same period of the previous year
- Contract-manufactured product share of revenue28.2 %Year on year against the same period last year28.4% in the same period of the previous year
- Overseas sales mix3 %Year on year against the same period last year2.6% in the same period of the previous year
Unit price and quantity metricsThese figures show sales broken down by price and volume.
Powdered tea revenue increased as price revisions driven by raw material costs progressed. The impact on a volume basis was limited. Specific figures for other volumes and unit prices are not disclosedSegment results
Caramel products
Net Sales¥1,149 million
Year on year against the same period last year+6.0%
Dried products
Net Sales¥1,797 million
Year on year against the same period last year▲0.4%
Assembled products
Net Sales¥946 million
Year on year against the same period last year+11.5%
Frozen products
Net Sales¥925 million
Year on year against the same period last year+17.5%
Other
Net Sales¥327 million
Year on year against the same period last year+17.0%
Own products
Net Sales¥3,694 million
Year on year against the same period last year+7.4%
Contract-manufactured products
Net Sales¥1,452 million
Year on year against the same period last year+6.5%
Overseas revenue
Net Sales¥154 million
Year on year against the same period last year+21.9%
Financial targets
Actual equity ratio was 59.2% (down 0.3 percentage points year on year). Financial target: not disclosedCapital expenditures
¥873 million
Annual Dividend
¥15 per share (the breakdown between the interim and year-end dividends is not disclosed)Payout ratio
23.9% forecast for the fiscal year ending March 2027| Item | Details |
|---|---|
| Document type | Supplementary materials to the earnings report |
| Fiscal Period Covered | First quarter of the fiscal year ending March 2027 |
| Net Sales | ¥5,146 million (YoY +7.1%) |
| Operating profit | ¥250 million (YoY +15.7%) |
| Ordinary income | ¥298 million (YoY +90.1%) |
| Net income | ¥206 million (YoY +224.8%) |
| Gross Profit Margin | Rate 21.7% / Year-on-year change (points) Down 0.6 percentage points year on year |
| Operating profit margin | Rate 4.9% / Year-on-year change (points) Up 0.4 percentage points year on year |
| Selling, general and administrative expenses | ¥867 million |
| Results for the three months of the current quarter | Net Sales ¥5,146 million (up 7.1% year on year) / Operating profit ¥250 million (up 15.7% year on year) / Ordinary income ¥298 million (up 90.1% year on year) / Profit attributable to owners of parent for the quarter ¥206 million (up 224.8% year on year) |
| Full-year earnings forecast | Net Sales ¥20,100 million / Operating profit ¥950 million / Ordinary income ¥960 million / Profit attributable to owners of the parent ¥715 million / Earnings per share ¥62.77 |
| Progress against full-year forecast | Net Sales 53.1% of the first-half forecast / Operating profit 62.5% of the first-half forecast / Ordinary income 74.7% of the first-half forecast / Profit attributable to owners of parent for the quarter 76.7% of the first-half forecast |
| Segment results | Caramel products Net Sales ¥1,149 million / Year on year against the same period last year +6.0% / Dried products Net Sales ¥1,797 million / Year on year against the same period last year ▲0.4% / Assembled products Net Sales ¥946 million / Year on year against the same period last year +11.5% / Frozen products Net Sales ¥925 million / Year on year against the same period last year +17.5% / Other Net Sales ¥327 million / Year on year against the same period last year +17.0% / Own products Net Sales ¥3,694 million / Year on year against the same period last year +7.4% / Contract-manufactured products Net Sales ¥1,452 million / Year on year against the same period last year +6.5% / Overseas revenue Net Sales ¥154 million / Year on year against the same period last year +21.9% |
| Breakdown of Factors Affecting the Change | Increase in revenue Up ¥342 million (including a ¥131 million benefit from price increases) / Increase in raw material and fuel costs Down ¥235 million / Increase in fixed manufacturing costs Down ¥58 million / Decrease in personnel expenses included in SG&A expenses Up ¥4 million / Increase in freight expenses Down ¥9 million / Increase in R&D expenses -¥6 million / Increase in other expenses Down ¥2 million |
| Key KPIs | Indicator name Year-on-year growth in powdered tea for beverage dispensers / Value Double-digit / Year on year against the same period last year Five consecutive months, Indicator name Year-on-year change in frozen Chinese yam revenue / Value 22 % / Year on year against the same period last year +22%, Indicator name Own-product share of revenue / Value 71.8 % / Year on year against the same period last year 71.6% in the same period of the previous year, Indicator name Contract-manufactured product share of revenue / Value 28.2 % / Year on year against the same period last year 28.4% in the same period of the previous year, Indicator name Overseas sales mix / Value 3 % / Year on year against the same period last year 2.6% in the same period of the previous year |
| Unit price and quantity metrics | Powdered tea revenue increased as price revisions driven by raw material costs progressed. The impact on a volume basis was limited. Specific figures for other volumes and unit prices are not disclosed |
| Assumptions Underlying the Business Outlook | Exchange rate Fiscal year ending March 2027 forecast: ¥22.6 per yuan and ¥157 per dollar / Middle East situation Factors of concern, including higher raw material and fuel costs and uncertainty over the procurement of packaging materials, are incorporated into the forecast |
| Financial targets | Actual equity ratio was 59.2% (down 0.3 percentage points year on year). Financial target: not disclosed |
| Annual Dividend | ¥15 per share (the breakdown between the interim and year-end dividends is not disclosed) |
| Payout ratio | 23.9% forecast for the fiscal year ending March 2027 |
| Capital expenditures | ¥873 million |
| New initiatives | Promote new product development and proposal-based sales for caramel products, Plan to launch new frozen Chinese yam products, Continue launching new frozen Japanese confectionery products and conducting proposal-based sales |
Items this document does not state (9)
Self-assessment against the planNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookMedium-term management plan targetsAcquisition of treasury sharesOrders 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.Volumes continued to trend higher, the effects of price revisions emerged, measures were taken to address soaring raw material prices and pass on higher costs, and foreign exchange losses were eliminated.
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.