Worth reading
48Recurring
Scored from 4 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
-20.6
% (year-on-year change in operating profit)Wording
Conditional
How definitive the wording is.Results for this period
Full year2023年４月１日〜2024年３月31日ConsolidatedJapanese GAAPNet Sales28,644¥ millionYear on year -0.7%Progress 95.5%
Operating profit752¥ millionYear on year -20.6%Progress 88.5%
Ordinary income840¥ millionYear on year -20.4%Progress 101.6%
Net income attributable to owners of the parent539¥ millionYear on year -27.4%Progress 87.8%
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¥78.56
Operating Margin2.6％
Financial position at period-end
Total assets18,456¥ million
of which net assets 7,842 ¥ millionEquity ratio 42.4%vs. prior year-end +3.2pt
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.
Cash inflows and outflows
Operating+1,567
Investment-3
Financials-849
Net change+715
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).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¥3,283 million
Segment revenueCutting Tool Business ¥16,419 million (YoY -0.5%), Wear-resistant tools business ¥2,673 million (YoY +4.0%), Overseas Business ¥7,380 million (YoY +0.5%), Optical products business ¥1,348 million (YoY -22.0%), e-Commerce business ¥50 million (YoY +93.5%)
Segment profitCutting Tool Business ¥141 million (YoY -55.4%), Wear-resistant tools business ¥219 million (YoY +103.8%), Overseas Business ¥284 million (YoY -35.8%), Optical products business ¥52 million (YoY -63.9%), e-Commerce business ¥-71 million
Regional sales¥21,221 million, ¥2,796 million, ¥2,125 million, ¥2,500 million, ¥28,644 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥30,000 million (YoY +4.7%)
Operating profit¥850 million (YoY +12.9%)
Ordinary income¥827 million (YoY -1.6%)
Net income¥614 million (YoY +13.8%)
Annual Dividend Forecast¥33 → ¥35
Payout ratio39.2％
Factors Behind Changes in Business Performance
中国における急速な経済の失速等を背景に、海外事業、切削工具事業、光製品事業で売上高・利益が伸び悩んだ。耐摩工具事業は製缶業界、EV関連などへの受注獲得に注力し、主要製缶メーカーへの販売が好調に推移した。
Disclosure regarding the going concern assumption
Not applicable.
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 consolidation新規・除外とも0社（重要な子会社の異動：無）
Material subsequent eventsNot applicable.
Impairment loss30百万円。大阪市中央区の事業用資産（ソフトウェア1百万円）、群馬県太田市の遊休資産（土地27百万円、建物1百万円）。
Breakdown of extraordinary income (loss)Extraordinary income Gain on receipt of government subsidies ¥51 million, Gain on sale of non-current assets ¥2 million, Gain on sale of investment securities ¥13 million, Insurance surrender value ¥3 million / Extraordinary loss Loss on Disposal of Fixed Assets ¥19 million, Impairment Losses ¥30 million, Loss on reduction of fixed assets ¥51 million
Depreciation and amortization¥174 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (for institutional investors and analysts)
Issued Shares at Period-End6,868,840
Treasury Shares at Period-End335
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 2023年４月１日〜2024年３月31日 |
| Net Sales | ¥28,644 million (YoY -0.7%) |
| Operating profit | ¥752 million (YoY -20.6%) |
| Ordinary income | ¥840 million (YoY -20.4%) |
| Profit attributable to owners of the parent | ¥539 million (YoY -27.4%) |
| Net income per share | ¥78.56 |
| Operating Margin | 2.6％ |
| Equity ratio | End of the current fiscal period 42.4 / End of previous period 39.2 |
| Total assets | ¥18,456 million |
| Net assets | ¥7,842 million |
| Cash flows from operating activities | ¥1,567 million |
| Cash flows from investing activities | ¥-3 million |
| Cash flows from financing activities | ¥-849 million |
| Cash and cash equivalents at end of period | ¥3,283 million |
| Full-year earnings forecast | Net Sales ¥30,000 million (YoY +4.7%) / Operating profit ¥850 million (YoY +12.9%) / Ordinary income ¥827 million (YoY -1.6%) / Net income ¥614 million (YoY +13.8%) |
| Annual Dividend Forecast | ¥33 → ¥35 |
| Payout ratio | 39.2％ |
| Segment revenue | Cutting Tool Business ¥16,419 million (YoY -0.5%), Wear-resistant tools business ¥2,673 million (YoY +4.0%), Overseas Business ¥7,380 million (YoY +0.5%), Optical products business ¥1,348 million (YoY -22.0%), e-Commerce business ¥50 million (YoY +93.5%) |
| Segment profit | Cutting Tool Business ¥141 million (YoY -55.4%), Wear-resistant tools business ¥219 million (YoY +103.8%), Overseas Business ¥284 million (YoY -35.8%), Optical products business ¥52 million (YoY -63.9%), e-Commerce business ¥-71 million |
| Regional sales | ¥21,221 million, ¥2,796 million, ¥2,125 million, ¥2,500 million, ¥28,644 million |
| Depreciation and amortization | ¥174 million |
| Impairment loss | 30百万円。大阪市中央区の事業用資産（ソフトウェア1百万円）、群馬県太田市の遊休資産（土地27百万円、建物1百万円）。 |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on receipt of government subsidies ¥51 million, Gain on sale of non-current assets ¥2 million, Gain on sale of investment securities ¥13 million, Insurance surrender value ¥3 million / Extraordinary loss Loss on Disposal of Fixed Assets ¥19 million, Impairment Losses ¥30 million, Loss on reduction of fixed assets ¥51 million |
| Disclosure regarding the going concern assumption | Not applicable. |
| 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 | 新規・除外とも0社（重要な子会社の異動：無） |
| Material subsequent events | Not applicable. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Available (for institutional investors and analysts) |
| Issued Shares at Period-End | 6,868,840 |
| Treasury Shares at Period-End | 335 |
| Factors Behind Changes in Business Performance | 中国における急速な経済の失速等を背景に、海外事業、切削工具事業、光製品事業で売上高・利益が伸び悩んだ。耐摩工具事業は製缶業界、EV関連などへの受注獲得に注力し、主要製缶メーカーへの販売が好調に推移した。 |
Items this document does not state (3)
Revision to Earnings ForecastShareholder Return PolicyOrders received and order backlog
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.主要進出国である中国経済の急速な失速を背景に、海外事業、切削工具事業、光製品事業の売上高・利益が伸び悩んだ。2025年3月期は、切削工具事業のシェア拡大、海外マーケットの開拓、M&A等の投資、収益性向上施策を進めるとしている。
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.