Komori
Results3150grems,Inc.Electricity and gas

Summary of Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated)

For the interim period of the fiscal year ending March 2027, revenue increased 11.4% year on year and operating profit increased 24.8% year on year, resulting in substantial growth in both revenue and profit. The full-year earnings forecast and dividend forecast remain unchanged.

Worth reading
49Recurring
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
24.8
Year-on-year change in operating income (%)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAP
Net Sales19,409¥ millionYear on year +11.4%Progress 52.2%
Operating profit4,551¥ millionYear on year +24.8%Progress 57.6%
Ordinary income4,601¥ millionYear on year +24.2%Progress 58.0%
Net income attributable to owners of the parent3,089¥ millionYear on year +23.2%Progress 57.5%

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¥133.58
Financial position at period-end
Total assets30,355¥ million
of which net assets 21,158 ¥ millionEquity ratio 69.5%vs. prior year-end +1.5pt

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+1,843,761
Investment-2,094,775
Financials-1,847,132
Net change-2,098,146

Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ thousand).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¥14,225,233 thousand
Segment revenueEnergy Solutions Business ¥7,101,301 thousand (YoY -8.7%), Retail electricity business ¥12,308,023 thousand (YoY +27.6%)
Segment profitEnergy Solutions Business ¥3,009,673 thousand (YoY +13.1%), Retail electricity business ¥1,883,115 thousand (YoY +32.2%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥37,174 million (YoY +9.5%)
Operating profit¥7,900 million (YoY +10.5%)
Ordinary income¥7,928 million (YoY +8.8%)
Net income¥5,376 million (YoY +9.8%)
Annual Dividend Forecast85 yen → 93 yen
Factors Behind Changes in Business Performance

Sales of utility-scale solar power generation systems were expanded as the primary growth driver. The energy solutions business posted lower revenue because it withdrew from sales to general consumers, but profit increased as its shift toward services for corporate customers raised the profit margin. The retail electricity business posted increases in both revenue and profit due to higher sales volume accompanying an increase in the number of contracts, higher selling prices reflecting rising market prices, and the containment of cost increases due to lower bilateral power procurement prices.

Disclosure regarding the going concern assumption

None (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 consolidationNo (0 companies added or removed)
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥942 thousand / Extraordinary loss Loss on disposal of non-current assets ¥1,091 thousand
Depreciation and amortization¥135,632 thousand
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (for institutional investors and analysts)
Issued Shares at Period-End23,837,200 shares
Treasury Shares at Period-End712,800 shares
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 September 2026
Net Sales¥19,409 million (YoY +11.4%)
Operating profit¥4,551 million (YoY +24.8%)
Ordinary income¥4,601 million (YoY +24.2%)
Profit attributable to owners of the parent¥3,089 million (YoY +23.2%)
Net income per share¥133.58
Equity ratioEnd of the current fiscal period 69.5 / End of previous period 68
Total assets¥30,355 million
Net assets¥21,158 million
Cash flows from operating activities¥1,843,761 thousand
Cash flows from investing activities¥-2,094,775 thousand
Cash flows from financing activities¥-1,847,132 thousand
Cash and cash equivalents at end of period¥14,225,233 thousand
Full-year earnings forecastNet Sales ¥37,174 million (YoY +9.5%) / Operating profit ¥7,900 million (YoY +10.5%) / Ordinary income ¥7,928 million (YoY +8.8%) / Net income ¥5,376 million (YoY +9.8%)
Annual Dividend Forecast85 yen → 93 yen
Segment revenueEnergy Solutions Business ¥7,101,301 thousand (YoY -8.7%), Retail electricity business ¥12,308,023 thousand (YoY +27.6%)
Segment profitEnergy Solutions Business ¥3,009,673 thousand (YoY +13.1%), Retail electricity business ¥1,883,115 thousand (YoY +32.2%)
Depreciation and amortization¥135,632 thousand
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥942 thousand / Extraordinary loss Loss on disposal of non-current assets ¥1,091 thousand
Disclosure regarding the going concern assumptionNone (no applicable matters)
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No
Changes in the scope of consolidationNo (0 companies added or removed)
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (for institutional investors and analysts)
Issued Shares at Period-End23,837,200 shares
Treasury Shares at Period-End712,800 shares
Factors Behind Changes in Business PerformanceSales of utility-scale solar power generation systems were expanded as the primary growth driver. The energy solutions business posted lower revenue because it withdrew from sales to general consumers, but profit increased as its shift toward services for corporate customers raised the profit margin. The retail electricity business posted increases in both revenue and profit due to higher sales volume accompanying an increase in the number of contracts, higher selling prices reflecting rising market prices, and the containment of cost increases due to lower bilateral power procurement prices.
Items this document does not state (8)
Operating MarginRevision to Earnings ForecastPayout 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.

The company concentrated its management resources on utility-scale solar power generation systems as its primary growth driver and expanded sales. In the energy solutions business, the shift toward services for corporate customers increased the operating profit margin. In the retail electricity business, higher profit resulted from increases in the number of contracts and sales volume, higher selling prices, and the containment of cost increases due to lower bilateral power procurement prices.

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