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How definitive the wording is.Contents of this document
Earnings presentation2025年3月期 通期12 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥30,127 million+5.2%
Operating profit¥554 million-26.3%
Ordinary income¥563 million-32.9%
Net income¥36 million-93.2%
Selling, general and administrative expenses¥6,200 million
Full-year earnings forecast
Net Sales
¥40,000 million
Operating profit
¥1,000 million
Ordinary income
¥962 million
Net income for the current fiscal year
¥590 million
ROE
7.5 %
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
概ね計画通りに重点施策を実行Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Net Sales
Cutting Tool Business341
Wear-resistant tools business-491
Overseas Business-89
Optical products business110
e-Commerce business37
KMS business1,561
Other14
Operating profit
Cutting Tool Business-24
Wear-resistant tools business-58
Overseas Business-92
Optical products business43
e-Commerce business-1
KMS business-27
Other and adjustments-39
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
中国の景況感や米国の関税政策の影響は不透明だが、中長期的にはEV関連・IT投資・M&A需要の拡大を見込むという定性的前提New initiatives
- KamogawaグループのM&A・子会社化
- インド・北米を中心とする海外マーケット開拓の加速
- 工作機械販売部の人員増強と一気通貫の受注体制構築
- EV市場開拓・サステナビリティ商材探索の部門横断プロジェクト
- 名古屋ロジセンターの機能統合
- ECシステム改修とWEB注文比率向上
- Formulate a cash allocation policy
- ワーク・エンゲージメント調査と人材・DX施策
Key KPIsA metric the company considers important as a management benchmark.
- ROE（2025年3月期）7.1 %
- PBR（2025年3月期）0.78 times
- PER（2025年3月期）165.74 times
- 過去10年CAGR4.1 %
Segment results
Net Sales
Cutting Tool Business
¥16,760 million+2.1%
Wear-resistant tools business
¥2,182 million-18.4%
Overseas Business
¥7,291 million-1.2%
Optical products business
¥1,458 million+8.2%
e-Commerce business
¥88 million+75.6%
KMS business
¥1,561 million
Other
¥784 million+1.5%
Operating profit
Cutting Tool Business
¥118 million-16.4%
Wear-resistant tools business
¥162 million-26.0%
Overseas Business
¥192 million-32.2%
Optical products business
¥95 million+83.1%
e-Commerce business
¥-73 million-1.4%
KMS business
¥-27 million
Other and adjustments
¥82 million-33.9%
Medium-term management plan targets
Final yearFiscal year ending March 2029
Consolidated revenue
¥50,000 million
Operating profit
¥2,500 million
Comparison with actual results2025年3月期の連結売上高301億円。Kamogawaグループの連結により売上高水準が約100億円上積みされ、目標の前倒し達成も視野
Financial targets
ROE
Fiscal year ended March 2025: actual7.1 %
Fiscal year ending March 2026 plan7.5 %
Debt-to-equity ratio
Actual for the fiscal year ended March 20240.8 times
P/B ratio target
1 over x
Target fiscal yearFinal year of the medium-term management plan
Market Size / Share
- 超硬工具の世界市場¥1.2 trillion
- 超硬工具の日本市場¥0.4 trillion
- 工作機械の国内受注額¥15,000 hundred million
- 切削工具の年間販売額¥4,000 hundred million
Number of employees
Number of Employees連結683名、単体195名（2025年3月末）
Changes during the period and hiring planキャリア人材の採用を活発化
Annual Dividend
Annual dividend per share¥33
Payout ratio
614.3 %
Policy連結配当性向30％を目処。総還元性向の引き上げを図る
| Item | Details |
|---|---|
| Document type | Earnings presentation |
| Fiscal Period Covered | 2025年3月期 通期 |
| Net Sales | ¥30,127 million (YoY +5.2%) |
| Operating profit | ¥554 million (YoY -26.3%) |
| Ordinary income | ¥563 million (YoY -32.9%) |
| Net income | ¥36 million (YoY -93.2%) |
| Selling, general and administrative expenses | ¥6,200 million |
| Full-year earnings forecast | Net Sales ¥40,000 million / Operating profit ¥1,000 million / Ordinary income ¥962 million / Net income for the current fiscal year ¥590 million / ROE 7.5 % |
| Self-assessment against the plan | 概ね計画通りに重点施策を実行 |
| Segment results | Net Sales Cutting Tool Business ¥16,760 million (YoY +2.1%) / Wear-resistant tools business ¥2,182 million (YoY -18.4%) / Overseas Business ¥7,291 million (YoY -1.2%) / Optical products business ¥1,458 million (YoY +8.2%) / e-Commerce business ¥88 million (YoY +75.6%) / KMS business ¥1,561 million / Other ¥784 million (YoY +1.5%) / Operating profit Cutting Tool Business ¥118 million (YoY -16.4%) / Wear-resistant tools business ¥162 million (YoY -26.0%) / Overseas Business ¥192 million (YoY -32.2%) / Optical products business ¥95 million (YoY +83.1%) / e-Commerce business ¥-73 million (YoY -1.4%) / KMS business ¥-27 million / Other and adjustments ¥82 million (YoY -33.9%) |
| Breakdown of Factors Affecting the Change | Net Sales Cutting Tool Business 341 / Wear-resistant tools business -491 / Overseas Business -89 / Optical products business 110 / e-Commerce business 37 / KMS business 1,561 / Other 14 / Operating profit Cutting Tool Business -24 / Wear-resistant tools business -58 / Overseas Business -92 / Optical products business 43 / e-Commerce business -1 / KMS business -27 / Other and adjustments -39 |
| Key KPIs | Indicator name ROE（2025年3月期） / Value 7.1 % / Year on year against the same period last year Not disclosed, Indicator name PBR（2025年3月期） / Value 0.78 times / Year on year against the same period last year Not disclosed, Indicator name PER（2025年3月期） / Value 165.74 times / Year on year against the same period last year Not disclosed, Indicator name 過去10年CAGR / Value 4.1 % / Year on year against the same period last year Not disclosed |
| Number of employees | Number of Employees 連結683名、単体195名（2025年3月末） / Changes during the period and hiring plan キャリア人材の採用を活発化 |
| Assumptions Underlying the Business Outlook | 中国の景況感や米国の関税政策の影響は不透明だが、中長期的にはEV関連・IT投資・M&A需要の拡大を見込むという定性的前提 |
| Medium-term management plan targets | Final year Fiscal year ending March 2029 / Consolidated revenue ¥50,000 million / Operating profit ¥2,500 million / Comparison with actual results 2025年3月期の連結売上高301億円。Kamogawaグループの連結により売上高水準が約100億円上積みされ、目標の前倒し達成も視野 |
| Financial targets | ROE Fiscal year ended March 2025: actual 7.1 % / Fiscal year ending March 2026 plan 7.5 % / Debt-to-equity ratio Actual for the fiscal year ended March 2024 0.8 times / P/B ratio target 1 over x |
| Annual Dividend | Annual dividend per share ¥33 / Interim Not disclosed / End of period Not disclosed |
| Payout ratio | 614.3 % |
| Market Size / Share | ¥1.2 trillion, ¥0.4 trillion, ¥15,000 hundred million, ¥4,000 hundred million |
| New initiatives | KamogawaグループのM&A・子会社化, インド・北米を中心とする海外マーケット開拓の加速, 工作機械販売部の人員増強と一気通貫の受注体制構築, EV市場開拓・サステナビリティ商材探索の部門横断プロジェクト, 名古屋ロジセンターの機能統合, ECシステム改修とWEB注文比率向上, Formulate a cash allocation policy, ワーク・エンゲージメント調査と人材・DX施策 |
Items this document does not state (11)
Gross Profit MarginOperating profit marginResults for the three months of the current quarterProgress against full-year forecastUnit price and quantity metricsNumber of stores and locationsRisk amount incorporated into the outlookAcquisition of treasury sharesCapital expendituresOrders received and order backlogKey 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.2025年3月期は、2024年12月のKamogawaグループM&Aによる連結取り込みで増収となった一方、人件費のベースアップ、M&Aに伴うデューデリジェンス費用、のれん償却などの固定費・費用増加が利益を圧迫した。純利益については、のれん・固定資産に関する特別損失の影響も挙げている。
How to read this page
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