Worth reading
41Recurring
Scored from 5 of 6 sectionsDirection
Deterioration
Direction inferred from the company’s description.Scale
-61.9
Year-on-year change in operating profit (%)Wording
Conditional
How definitive the wording is.Results for this period
First quarter2024年4月1日〜2024年6月30日ConsolidatedJapanese GAAPNet Sales6,944¥ millionYear on year -1.0%Progress 23.1%
Operating profit49¥ millionYear on year -61.9%Progress 5.8%
Ordinary income98¥ millionYear on year -30.9%Progress 11.9%
Net income attributable to owners of the parent25¥ millionYear on year -63.1%Progress 4.1%
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 share3.74円
Financial position at period-end
Total assets18,523¥ million
of which net assets 7,953 ¥ millionEquity ratio 42.8%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.
Segment revenueCutting Tool Business ¥4,018 million (YoY -4.8%), Wear-resistant tools business ¥597 million (YoY -10.6%), Overseas Business ¥1,709 million (YoY +7.4%), Optical products business ¥359 million (YoY +3.6%), e-Commerce business ¥17 million (YoY +72.0%)
Segment profitCutting Tool Business ¥-47 million, Wear-resistant tools business ¥56 million (YoY +15.3%), Overseas Business ¥27 million (YoY +48.9%), Optical products business ¥22 million (YoY +26.6%), e-Commerce business ¥-17 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
Factors Behind Changes in Business Performance
売上総利益率は改善したが、賃上げ、教育訓練、働き方改革などへの先行投資で販売費及び一般管理費が増加。切削工具事業は小規模ユーザーの景況感悪化による受注減、耐摩工具事業は低粗利商材の販売廃止と成長分野への受注獲得、海外事業は円安・インドや北米の開拓・コスト削減、光製品事業は国内新規開拓、eコマース事業は新規顧客等の取込み低調が主な要因。
Disclosure regarding the going concern assumption
No applicable matters.
Change in accounting policy
基準改正に伴う変更 Yes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重要な変更は無。なお、共榮機工株式会社を2024年4月1日付で吸収合併
Impairment lossNo applicable items during the first quarter of the current consolidated fiscal year
Breakdown of extraordinary income (loss)Extraordinary income No / Extraordinary loss Loss on sale of fixed assets ¥5 million
Depreciation and amortization¥43 million
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo
Issued Shares at Period-End6,868,840株
Treasury Shares at Period-End335株
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 2024年4月1日〜2024年6月30日 |
| Net Sales | ¥6,944 million (YoY -1.0%) |
| Operating profit | ¥49 million (YoY -61.9%) |
| Ordinary income | ¥98 million (YoY -30.9%) |
| Profit attributable to owners of the parent | ¥25 million (YoY -63.1%) |
| Net income per share | 3.74円 |
| Equity ratio | End of the current fiscal period 42.8 / End of previous period 42.4 |
| Total assets | ¥18,523 million |
| Net assets | ¥7,953 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 |
| Segment revenue | Cutting Tool Business ¥4,018 million (YoY -4.8%), Wear-resistant tools business ¥597 million (YoY -10.6%), Overseas Business ¥1,709 million (YoY +7.4%), Optical products business ¥359 million (YoY +3.6%), e-Commerce business ¥17 million (YoY +72.0%) |
| Segment profit | Cutting Tool Business ¥-47 million, Wear-resistant tools business ¥56 million (YoY +15.3%), Overseas Business ¥27 million (YoY +48.9%), Optical products business ¥22 million (YoY +26.6%), e-Commerce business ¥-17 million |
| Depreciation and amortization | ¥43 million |
| Impairment loss | No applicable items during the first quarter of the current consolidated fiscal year |
| Breakdown of extraordinary income (loss) | Extraordinary income No / Extraordinary loss Loss on sale of fixed assets ¥5 million |
| Disclosure regarding the going concern assumption | No applicable matters. |
| Change in accounting policy | Changes due to revisions to standards Yes / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | 重要な変更は無。なお、共榮機工株式会社を2024年4月1日付で吸収合併 |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | No |
| Issued Shares at Period-End | 6,868,840株 |
| Treasury Shares at Period-End | 335株 |
| Factors Behind Changes in Business Performance | 売上総利益率は改善したが、賃上げ、教育訓練、働き方改革などへの先行投資で販売費及び一般管理費が増加。切削工具事業は小規模ユーザーの景況感悪化による受注減、耐摩工具事業は低粗利商材の販売廃止と成長分野への受注獲得、海外事業は円安・インドや北米の開拓・コスト削減、光製品事業は国内新規開拓、eコマース事業は新規顧客等の取込み低調が主な要因。 |
Items this document does not state (11)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodRevision to Earnings ForecastPayout 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.売上総利益率は改善した一方、賃上げの実施や教育訓練、働き方改革などの施策への先行投資により販売費及び一般管理費が増加し、利益を圧迫しました。切削工具事業では小規模ユーザーの景況感悪化による受注減、eコマース事業では新規顧客等の取込み低調も挙げています。
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.