Worth reading
55In 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
21.4
%Wording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)1 April 2026–30 September 2026ConsolidatedJapanese GAAPNet Sales27,354Millions of yenYear on year +21.4%Progress 49.4%
Operating profit4,866Millions of yenYear on year +29.0%Progress 46.3%
Ordinary income5,176Millions of yenYear on year +32.6%Progress 48.4%
Net income attributable to owners of the parent3,346Millions of yenYear on year +22.6%
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¥99.24
Financial position at period-end
Total assets75,349Millions of yen
of which net assets 54,568 Millions of yenEquity ratio 72.4%vs. prior year-end +0.4pt
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+6,699
Investment-3,714
Financials-1,235
Net change+1,750
Stacked from zero: upward is an increase in cash, downward a decrease (in Millions of yen).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 period11,280 Millions of yen
Segment revenueAbrasives Business 13,157 Millions of yen (YoY +22.5%), Chemical Products Business 9,667 Millions of yen (YoY +34.0%), Lifestyle apparel business 2,790 Millions of yen (YoY -11.3%), Other 1,739 Millions of yen (YoY +21.9%)
Segment profitAbrasives Business 3,655 Millions of yen (YoY +25.2%), Chemical Products Business 1,016 Millions of yen (YoY +39.8%), Lifestyle apparel business 107 Millions of yen (YoY -51.9%), Other 87 Millions of yen
Outlook and shareholder returns
Full-year earnings forecast
Net Sales55,400 Millions of yen (YoY +20.6%)
Operating profit10,500 Millions of yen (YoY +28.9%)
Ordinary income10,700 Millions of yen (YoY +28.0%)
Profit attributable to owners of the parent7,200 Millions of yen (YoY +28.3%)
Revision to Earnings ForecastNot disclosed → Net Sales 55,400 Millions of yen (YoY +20.6%) / Operating profit 10,500 Millions of yen (YoY +28.9%) / Ordinary income 10,700 Millions of yen (YoY +28.0%) / Profit attributable to owners of the parent 7,200 Millions of yen (YoY +28.3%)
Annual Dividend Forecast180 Yen → 87 Yen
Factors Behind Changes in Business Performance
The polishing materials and chemical products businesses reported higher revenue and profit, supported by semiconductor demand for AI and other applications, the recovery in memory demand, expansion of the electronic materials market and steady orders. The lifestyle apparel business reported lower revenue and profit due to reduced sales floor space at mass retailers, unsettled weather, consumers holding back on purchases and lower orders for overseas sales. In response to surging raw material prices, the company passed the increases through to prices.
Disclosure regarding the going concern assumption
No applicable matters
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 No
Changes in the scope of consolidationNew No significant changes / Excluded No significant changes / Company name Not disclosed
Impairment loss142 Millions of yen
Breakdown of extraordinary income (loss)Extraordinary income Gain on Sale of Non-Current Assets 0 Millions of yen / Extraordinary loss Loss on disposal of property, plant and equipment 113 Millions of yen, Impairment Loss 142 Millions of yen
Depreciation and amortization2,017 Millions of yen
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable Yes / Subject person Analysts and institutional investors
Issued Shares at Period-End34,062,000 shares
Treasury Shares at Period-End333,636 treasury shares
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026–30 September 2026 |
| Net Sales | 27,354 Millions of yen (YoY +21.4%) |
| Operating profit | 4,866 Millions of yen (YoY +29.0%) |
| Ordinary income | 5,176 Millions of yen (YoY +32.6%) |
| Profit attributable to owners of the parent | 3,346 Millions of yen (YoY +22.6%) |
| Net income per share | ¥99.24 |
| Equity ratio | End of the current fiscal period 72.4 / End of previous period 72 |
| Total assets | 75,349 Millions of yen |
| Net assets | 54,568 Millions of yen |
| Cash flows from operating activities | 6,699 Millions of yen |
| Cash flows from investing activities | -3,714 Millions of yen |
| Cash flows from financing activities | -1,235 Millions of yen |
| Cash and cash equivalents at end of period | 11,280 Millions of yen |
| Full-year earnings forecast | Net Sales 55,400 Millions of yen (YoY +20.6%) / Operating profit 10,500 Millions of yen (YoY +28.9%) / Ordinary income 10,700 Millions of yen (YoY +28.0%) / Profit attributable to owners of the parent 7,200 Millions of yen (YoY +28.3%) |
| Revision to Earnings Forecast | Not disclosed → Net Sales 55,400 Millions of yen (YoY +20.6%) / Operating profit 10,500 Millions of yen (YoY +28.9%) / Ordinary income 10,700 Millions of yen (YoY +28.0%) / Profit attributable to owners of the parent 7,200 Millions of yen (YoY +28.3%) |
| Annual Dividend Forecast | 180 Yen → 87 Yen |
| Segment revenue | Abrasives Business 13,157 Millions of yen (YoY +22.5%), Chemical Products Business 9,667 Millions of yen (YoY +34.0%), Lifestyle apparel business 2,790 Millions of yen (YoY -11.3%), Other 1,739 Millions of yen (YoY +21.9%) |
| Segment profit | Abrasives Business 3,655 Millions of yen (YoY +25.2%), Chemical Products Business 1,016 Millions of yen (YoY +39.8%), Lifestyle apparel business 107 Millions of yen (YoY -51.9%), Other 87 Millions of yen |
| Depreciation and amortization | 2,017 Millions of yen |
| Impairment loss | 142 Millions of yen |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on Sale of Non-Current Assets 0 Millions of yen / Extraordinary loss Loss on disposal of property, plant and equipment 113 Millions of yen, Impairment Loss 142 Millions of yen |
| Disclosure regarding the going concern assumption | No applicable matters |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | New No significant changes / Excluded No significant changes / Company name Not disclosed |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Whether applicable Yes / Subject person Analysts and institutional investors |
| Issued Shares at Period-End | 34,062,000 shares |
| Treasury Shares at Period-End | 333,636 treasury shares |
| Factors Behind Changes in Business Performance | The polishing materials and chemical products businesses reported higher revenue and profit, supported by semiconductor demand for AI and other applications, the recovery in memory demand, expansion of the electronic materials market and steady orders. The lifestyle apparel business reported lower revenue and profit due to reduced sales floor space at mass retailers, unsettled weather, consumers holding back on purchases and lower orders for overseas sales. In response to surging raw material prices, the company passed the increases through to prices. |
Items this document does not state (6)
Operating MarginPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogMaterial 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.The polishing materials and chemical products businesses grew on semiconductor demand from AI, cloud infrastructure and advanced electronic equipment applications, the recovery in memory demand, expansion of the electronic materials market and steady orders. In response to surging raw material prices, the company passed the increases through to product prices.
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.