Worth reading
73In focus
Scored from 4 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
10986
¥ million (year-on-year increase in net sales)Wording
Definitive
How definitive the wording is.Contents of this document
Presentation materials for financial resultsFiscal year ending March 2026, full year10 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥41,114 million+36.5%
Operating profit¥980 million+76.8%
Ordinary income¥1,060 million+88.1%
Net income¥702 million+1,805.1%
Gross Profit Margin21.1 %
Operating profit margin2.4 %
Selling, general and administrative expenses¥7,677 million+23.8%
Results for the three months of the current quarterRevenue and operating income for the wholesale and direct-sales divisions of the cutting tools business are presented for the fourth quarter of the fiscal year ending March 2026. Consolidated group-wide standalone quarterly figures are not disclosed.
Full-year earnings forecast
Net Sales
¥43,000 million
Operating profit
¥1,200 million
Ordinary income
¥1,150 million
Net income
¥800 million
ROE
9 %
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Net Sales
Cutting Tool Business700
Wear-resistant tools business77
Overseas Business1,693
Optical products business-65
e-Commerce business45
KMS business8,579
Other-43
Operating profit
Cutting Tool Business555
Wear-resistant tools business-84
Overseas Business-31
Optical products business12
e-Commerce business-6
KMS business245
Other42
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Quantitative assumptions for exchange rates, raw material prices, volumes and interest rates are not disclosed. The presentation describes qualitative risks, including soaring prices and supply uncertainty for tungsten and other materials, as well as the impact of tariffs.New initiatives
- Entry into the Canadian market and commencement of operations
- Launch of external sales for the XR education system
- Automation solutions combining robots and machine tools
- Sales and support transformation using generative AI and demand-forecasting AI
- Hard-metal recycling promotion project
- Promoting Strategic M&A
Key KPIsA metric the company considers important as a management benchmark.
- ROE8.5 %yoy_change_pt8
- PBR0.73 times
- Equity ratio33.8 %
- Cash and deposits¥5,608 million
- Five-year compound annual growth rate (CAGR)11.3 %
- Global cutting tools market share coverage60 %
Segment results
Cutting Tool Business
Net Sales
¥17,461 million
Revenue_yoy_pct4.2
Operating profit
¥354 million
Operating profit_yoy_pct198.8
Wear-resistant tools business
Net Sales
¥2,259 million
Revenue_yoy_pct3.5
Operating profit
¥78 million
Operating profit_yoy_pct-52
Overseas Business
Net Sales
¥8,983 million
Revenue_yoy_pct23.2
Operating profit
¥161 million
Operating profit_yoy_pct-16.3
Optical products business
Net Sales
¥1,393 million
Revenue_yoy_pct-4.4
Operating profit
¥108 million
Operating profit_yoy_pct12.6
e-Commerce business
Net Sales
¥133 million
Revenue_yoy_pct51.3
Operating profit
¥-65 million
KMS business
Net Sales
¥10,140 million
Revenue_yoy_pct549.3
Operating profit
¥219 million
Operating profit_yoy_pct938.5
Other and adjustments
Net Sales
¥741 million
Revenue_yoy_pct-5.5
Operating profit
¥124 million
Operating profit_yoy_pct51.2
Medium-term management plan targets
Target fiscal yearFiscal year ending March 2029
Net Sales
500 Hundreds of millions of yen
Operating profit
25 Hundreds of millions of yen
Comparison with actual resultsFiscal year ending March 2026 results: revenue of ¥41.1 billion and operating income of ¥980 million
Financial targets
ROE
Target9 %
Actual results8.5 %
Cost of shareholders’ equity
5〜7
TypeCost of capital
PBR
TargetMore than 1x
Actual results0.73 times
Market Size / Share
Global cutting tools market share coverage
60 %
Number of stores and locations
End of period27 locations in Japan and 42 locations in 11 overseas countries
Openings and closures during the periodEntered the Canadian market and began operations in May 2026
Number of employees
Number of Employees669 People consolidated, as of the end of March 2026
| Item | Details |
|---|---|
| Document type | Presentation materials for financial results |
| Fiscal Period Covered | Fiscal year ending March 2026, full year |
| Net Sales | ¥41,114 million (YoY +36.5%) |
| Operating profit | ¥980 million (YoY +76.8%) |
| Ordinary income | ¥1,060 million (YoY +88.1%) |
| Net income | ¥702 million (YoY +1,805.1%) |
| Gross Profit Margin | 21.1 % |
| Operating profit margin | 2.4 % |
| Selling, general and administrative expenses | ¥7,677 million (YoY +23.8%) |
| Results for the three months of the current quarter | Revenue and operating income for the wholesale and direct-sales divisions of the cutting tools business are presented for the fourth quarter of the fiscal year ending March 2026. Consolidated group-wide standalone quarterly figures are not disclosed. |
| Full-year earnings forecast | Net Sales ¥43,000 million / Operating profit ¥1,200 million / Ordinary income ¥1,150 million / Net income ¥800 million / ROE 9 % |
| Segment results | Cutting Tool Business Net Sales ¥17,461 million / Revenue_yoy_pct 4.2 / Operating profit ¥354 million / Operating profit_yoy_pct 198.8 / Wear-resistant tools business Net Sales ¥2,259 million / Revenue_yoy_pct 3.5 / Operating profit ¥78 million / Operating profit_yoy_pct -52 / Overseas Business Net Sales ¥8,983 million / Revenue_yoy_pct 23.2 / Operating profit ¥161 million / Operating profit_yoy_pct -16.3 / Optical products business Net Sales ¥1,393 million / Revenue_yoy_pct -4.4 / Operating profit ¥108 million / Operating profit_yoy_pct 12.6 / e-Commerce business Net Sales ¥133 million / Revenue_yoy_pct 51.3 / Operating profit ¥-65 million / Operating profit_yoy_pct Not disclosed / KMS business Net Sales ¥10,140 million / Revenue_yoy_pct 549.3 / Operating profit ¥219 million / Operating profit_yoy_pct 938.5 / Other and adjustments Net Sales ¥741 million / Revenue_yoy_pct -5.5 / Operating profit ¥124 million / Operating profit_yoy_pct 51.2 |
| Breakdown of Factors Affecting the Change | Net Sales Cutting Tool Business 700 / Wear-resistant tools business 77 / Overseas Business 1,693 / Optical products business -65 / e-Commerce business 45 / KMS business 8,579 / Other -43 / Operating profit Cutting Tool Business 555 / Wear-resistant tools business -84 / Overseas Business -31 / Optical products business 12 / e-Commerce business -6 / KMS business 245 / Other 42 |
| Key KPIs | ROE 8.5 %, PBR 0.73 times, Equity ratio 33.8 %, Cash and deposits ¥5,608 million, Five-year compound annual growth rate (CAGR) 11.3 %, Global cutting tools market share coverage 60 % |
| Number of stores and locations | End of period 27 locations in Japan and 42 locations in 11 overseas countries / Openings and closures during the period Entered the Canadian market and began operations in May 2026 |
| Number of employees | Number of Employees 669 People (consolidated, as of the end of March 2026) / Change during the period Not disclosed / Hiring plan Not disclosed |
| Assumptions Underlying the Business Outlook | Quantitative assumptions for exchange rates, raw material prices, volumes and interest rates are not disclosed. The presentation describes qualitative risks, including soaring prices and supply uncertainty for tungsten and other materials, as well as the impact of tariffs. |
| Medium-term management plan targets | Target fiscal year Fiscal year ending March 2029 / Net Sales 500 Hundreds of millions of yen / Operating profit 25 Hundreds of millions of yen / Comparison with actual results Fiscal year ending March 2026 results: revenue of ¥41.1 billion and operating income of ¥980 million |
| Financial targets | ROE Target 9 % / Actual results 8.5 % / Cost of shareholders’ equity 5〜7 / PBR Target More than 1x / Actual results 0.73 times |
| Market Size / Share | Global cutting tools market share coverage 60 % |
| New initiatives | Entry into the Canadian market and commencement of operations, Launch of external sales for the XR education system, Automation solutions combining robots and machine tools, Sales and support transformation using generative AI and demand-forecasting AI, Hard-metal recycling promotion project, Promoting Strategic M&A |
Items this document does not state (10)
Progress against full-year forecastSelf-assessment against the planUnit price and quantity metricsRisk amount incorporated into the outlookAnnual DividendPayout ratioAcquisition 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.Revenue and earnings increased due to the full-year consolidated contribution from the Kamogawa Group, improved profitability in existing businesses, large projects in the cutting tools business and the full-scale contribution from the KMS business. In the overseas business, market development in India and North America and mineral resource sales contributed to revenue, while the impact of tariffs and higher procurement costs reduced gross margins in some businesses.
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.