Worth reading
63In focus
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
500
¥100 millionWording
Conditional
How definitive the wording is.Contents of this document
Financial results presentationSecond quarter of the fiscal year ending March 202713 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales25,363 Millions of yen+35.2%
Operating profit1,448 Millions of yen+408.6%
Ordinary income1,433 Millions of yen+524.6%
Net income875 Millions of yen+1,257.0%
Selling, general and administrative expenses4,053 Millions of yen
Gross Profit Margin
Rate21.7%
Year on year against the same period last yearBroadly unchanged year on year
Full-year earnings forecast
Net Sales
50,000 Millions of yen
Operating profit
2,400 Millions of yen
Ordinary income
2,400 Millions of yen
Net income for the current fiscal year
1,400 Millions of yen
Earnings per share
203.86 Yen
Annual dividend per share
60 Yen
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 Business2,818 Millions of yen
Wear-resistant tools business273 Millions of yen
Overseas Operations2,261 Millions of yen
Optical products business205 Millions of yen
E-commerce business22 Millions of yen
KMS business960 Millions of yen
Other67 Millions of yen
Operating profit
Cutting Tool Business700 Millions of yen
Wear-resistant tools business45 Millions of yen
Overseas Operations180 Millions of yen
Optical products business28 Millions of yen
E-commerce business10 Millions of yen
KMS business189 Millions of yen
Other12 Millions of yen
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
- Raw material price trends
- Orders may include amounts exceeding actual demand
- Recognition of mineral resources business revenue in the second half
New initiatives
- Launch of external sales for the XR education system
- System proposals for robots and machine tools for automation and labor saving
- Opening of a base in Canada and commencement of operations
- Expansion of the mineral resources business
- Transformation of sales and support through AI and DX
- Promoting Strategic M&A
Key KPIsA metric the company considers important as a management benchmark.
- ROE14.6 %Year on year against the same period last year+6.1 pt from the beginning of the fiscal year
- PBR1.06 times
- Global Share Coverage Ratio60 %
- Consolidated headcount669 people
Unit price and quantity metricsThese figures show sales broken down by price and volume.
- Volume factor in cutting tools business revenue1,424 Millions of yen
- Price factor in cutting tools business revenue1,394 Millions of yen
Segment results
- Cutting Tool BusinessNet Sales10,955Revenue UnitMillions of yenYear-on-year revenue growth34.6Operating profit755Operating profit unitMillions of yenYear-on-year change in operating profit1,270.9
- Wear-resistant tools businessNet Sales1,430Revenue UnitMillions of yenYear-on-year revenue growth23.6Operating profit99Operating profit unitMillions of yenYear-on-year change in operating profit81.9
- Overseas OperationsNet Sales5,963Revenue UnitMillions of yenYear-on-year revenue growth61.1Operating profit195Operating profit unitMillions of yenYear-on-year change in operating profit1,188.3
- Optical products businessNet Sales855Revenue UnitMillions of yenYear-on-year revenue growth31.5Operating profit81Operating profit unitMillions of yenYear-on-year change in operating profit51.6
- E-commerce businessNet Sales83Revenue UnitMillions of yenYear-on-year revenue growth35.9Operating profit-28Operating profit unitMillions of yen
- KMS businessNet Sales5,622Revenue UnitMillions of yenYear-on-year revenue growth20.6Operating profit251Operating profit unitMillions of yenYear-on-year change in operating profit301.8
Medium-term management plan targets
Target fiscal yearFiscal year ending March 2029
Net Sales
¥500 100 million
Operating profit
¥25 100 million
Comparison with actual resultsFiscal year ending March 2026 results: revenue of ¥41.1 billion and operating income of ¥980 million
Financial targets
ROEAt a level above the cost of capital
Actual ROE14.6
Actual ROE unit%
Cost of equity5～7%
Market Size / Share
Global Share Coverage RatioOver 60%
Number of stores and locations
Number at period-end30 domestic locations, 11 overseas countries and 42 locations
Number of store openings and closures during the periodEntered the Canadian market and began operations in May 2026
Number of employees
Number of Employees669 consolidated, 186 non-consolidated
Annual Dividend
Annual dividend per share60 Yen
Payout ratio
Rate29.4 %
| Item | Details |
|---|---|
| Document type | Financial results presentation |
| Fiscal Period Covered | Second quarter of the fiscal year ending March 2027 |
| Net Sales | 25,363 Millions of yen (YoY +35.2%) |
| Operating profit | 1,448 Millions of yen (YoY +408.6%) |
| Ordinary income | 1,433 Millions of yen (YoY +524.6%) |
| Net income | 875 Millions of yen (YoY +1,257.0%) |
| Gross Profit Margin | Rate 21.7% / Year on year against the same period last year Broadly unchanged year on year |
| Selling, general and administrative expenses | 4,053 Millions of yen |
| Full-year earnings forecast | Net Sales 50,000 Millions of yen / Operating profit 2,400 Millions of yen / Ordinary income 2,400 Millions of yen / Net income for the current fiscal year 1,400 Millions of yen / Earnings per share 203.86 Yen / Annual dividend per share 60 Yen |
| Segment results | Segment Cutting Tool Business / Net Sales 10,955 / Revenue Unit Millions of yen / Year-on-year revenue growth 34.6 / Operating profit 755 / Operating profit unit Millions of yen / Year-on-year change in operating profit 1,270.9, Segment Wear-resistant tools business / Net Sales 1,430 / Revenue Unit Millions of yen / Year-on-year revenue growth 23.6 / Operating profit 99 / Operating profit unit Millions of yen / Year-on-year change in operating profit 81.9, Segment Overseas Operations / Net Sales 5,963 / Revenue Unit Millions of yen / Year-on-year revenue growth 61.1 / Operating profit 195 / Operating profit unit Millions of yen / Year-on-year change in operating profit 1,188.3, Segment Optical products business / Net Sales 855 / Revenue Unit Millions of yen / Year-on-year revenue growth 31.5 / Operating profit 81 / Operating profit unit Millions of yen / Year-on-year change in operating profit 51.6, Segment E-commerce business / Net Sales 83 / Revenue Unit Millions of yen / Year-on-year revenue growth 35.9 / Operating profit -28 / Operating profit unit Millions of yen / Year-on-year change in operating profit Not disclosed, Segment KMS business / Net Sales 5,622 / Revenue Unit Millions of yen / Year-on-year revenue growth 20.6 / Operating profit 251 / Operating profit unit Millions of yen / Year-on-year change in operating profit 301.8 |
| Breakdown of Factors Affecting the Change | Net Sales Cutting Tool Business 2,818 Millions of yen / Wear-resistant tools business 273 Millions of yen / Overseas Operations 2,261 Millions of yen / Optical products business 205 Millions of yen / E-commerce business 22 Millions of yen / KMS business 960 Millions of yen / Other 67 Millions of yen / Operating profit Cutting Tool Business 700 Millions of yen / Wear-resistant tools business 45 Millions of yen / Overseas Operations 180 Millions of yen / Optical products business 28 Millions of yen / E-commerce business 10 Millions of yen / KMS business 189 Millions of yen / Other 12 Millions of yen |
| Key KPIs | Indicator name ROE / Value 14.6 % / Year on year against the same period last year +6.1 pt from the beginning of the fiscal year, Indicator name PBR / Value 1.06 times / Year on year against the same period last year Not disclosed, Indicator name Global Share Coverage Ratio / Value 60 % / Year on year against the same period last year Not disclosed, Indicator name Consolidated headcount / Value 669 people / Year on year against the same period last year Not disclosed |
| Unit price and quantity metrics | Indicator name Volume factor in cutting tools business revenue / Value 1,424 Millions of yen, Indicator name Price factor in cutting tools business revenue / Value 1,394 Millions of yen |
| Number of stores and locations | Number at period-end 30 domestic locations, 11 overseas countries and 42 locations / Number of store openings and closures during the period Entered the Canadian market and began operations in May 2026 |
| Number of employees | Number of Employees 669 consolidated, 186 non-consolidated / Changes and hiring plans during the period Not disclosed |
| Assumptions Underlying the Business Outlook | Raw material price trends, Orders may include amounts exceeding actual demand, Recognition of mineral resources business revenue in the second half |
| Medium-term management plan targets | Target fiscal year Fiscal year ending March 2029 / Net Sales ¥500 100 million / Operating profit ¥25 100 million / Comparison with actual results Fiscal year ending March 2026 results: revenue of ¥41.1 billion and operating income of ¥980 million |
| Financial targets | ROE At a level above the cost of capital / Actual ROE 14.6 / Actual ROE unit % / Cost of equity 5～7% |
| Annual Dividend | Annual dividend per share 60 Yen / Interim and Year-End Breakdown Not disclosed |
| Payout ratio | Rate 29.4 % / Total payout ratio Not disclosed / DOE Not disclosed |
| Market Size / Share | Global Share Coverage Ratio Over 60% |
| New initiatives | Launch of external sales for the XR education system, System proposals for robots and machine tools for automation and labor saving, Opening of a base in Canada and commencement of operations, Expansion of the mineral resources business, Transformation of sales and support through AI and DX, Promoting Strategic M&A |
Items this document does not state (9)
Operating profit marginResults for the three months of the current quarterProgress against full-year forecastSelf-assessment against the planRisk 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.Improved profitability in the cutting tools business, rush demand ahead of price revisions by major manufacturers, increased market share at priority dealers, contributions from the aircraft, heavy electrical equipment and recycling-related businesses, expansion of the mineral resources business, and increased semiconductor-related demand in the KMS business, among other factors.
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.