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Financial results presentation341ATOYOKOH Inc.Construction and Materials

Results Presentation Materials for the First Quarter of the Fiscal Year Ending March 2027

In the first quarter of the fiscal year ending March 2027, revenue increased 24.0% year on year, driven by growth in SOSEI and deliveries of CoolLaser equipment. However, selling, general and administrative expenses rose due to growth investments and an increase in headcount, resulting in a 9.8% year-on-year decline in operating profit. Progress against the first-half forecasts was 51.1% for revenue and 45.8% for operating profit, which the company considers broadly in line with budget.

Worth reading
66In focus
Scored from 5 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
14
Operating profit: ¥14 million decrease year on year
Wording
Conditional
How definitive the wording is.

Contents of this document

Financial results presentationFirst quarter of the fiscal year ending March 20279 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥849 million+24.0%
Operating profit¥131 million-9.8%
Ordinary income¥130 million-7.3%
Net income¥116 million-4.5%
Gross Profit Margin39.7
Operating profit margin15.5
Selling, general and administrative expenses¥205 million
Results for the three months of the current quarter
Net Sales
¥849 million
Operating profit
¥131 million
Ordinary income
¥130 million
Net income
¥116 million
Full-year earnings forecast
Net Sales
¥4,000 million
Operating profit
¥790 million
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Progress broadly in line with budget
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
  • Personnel expensesUp ¥17 million year on year
  • Research and development costsUp ¥24 million year on year; development headcount up 2; consumables related to development up ¥10 million
  • Payment commissionsUp ¥11 million year on year; recruitment expenses up ¥5 million; SOSEI commissions up ¥3 million, among other items
  • Increase in inventoryUp ¥350 million from the end of the previous fiscal year
  • Increase in products and merchandise, etc.Up ¥326 million from the end of the previous fiscal year
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
  • CoolLaser production capacity
    Figures2 units per month in the fiscal year ending March 2027
  • Timing of the CoolLaser production capacity increase
    FiguresTargeted for around the end of the first half of the fiscal year ending March 2028
New initiatives
  • Start of mass production of CoolLaser at the new HAMAMATSU BASE plant (2 units per month)
  • Build-out of the structure for CoolLaser's overseas expansion, discussions with sales agents in ASEAN and Taiwan, and preparations for shipments to the UAE
  • Disclosure of CoolLaser's proprietary dust-collection system and environmental measurement results
  • Successful field testing of the SOSEI line robot and full-scale entry into the metal-roof renovation market
  • Expand CoolLaser production capacity by developing multiple new suppliers
Key KPIsA metric the company considers important as a management benchmark.
  • Number of CoolLaser units delivered2 Units
  • Number of projects specifying the CoolLaser method20 Cases or more
    Year on year against the same period last year2 cases in the previous period
  • CoolLaser production capacity2 units/month
  • Cumulative SOSEI construction area174 10,000 sq. m.
  • CoolLaser field track record200 over downloads
Segment results
  • SOSEI business
    Net Sales¥605 million
    Year-on-year sales23.9
    Operating profit¥207 million
    Year-on-year operating profit4.4
  • CoolLaser business
    Net Sales¥244 million
    Operating profit¥-8 million
  • Corporate expenses
    Operating profit¥-66 million
Medium-term management plan targets
  • Annual CoolLaser production and sales volume
    Target value120
    Target fiscal yearFiscal year ending March 2030
  • CoolLaser production volume
    Target value17〜24
    Target fiscal yearFiscal year ending March 2028 (forecast)
Market Size / Share
  • Domestic blasting equipment market size¥800 10 billion or more 2023; company estimate
  • Road bridges nationwide730,000 bridges
  • Railway bridges nationwide100,000 bridges
  • Telecommunications towers80,000 towers
  • Transmission towers240,000 units
  • SOSEI share of metal-roof shipment area7 %
Number of employees
Number of Employees54 people at the end of June 2026, including part-time employees
Change during the periodUp 5 people from 49 at the end of March 2026 (SOSEI +1, CoolLaser +3, head office +1)
Company profile61 directors and employees (as of the end of June 2026)
Contents of this document
ItemDetails
Document typeFinancial results presentation
Fiscal Period CoveredFirst quarter of the fiscal year ending March 2027
Net Sales¥849 million (YoY +24.0%)
Operating profit¥131 million (YoY -9.8%)
Ordinary income¥130 million (YoY -7.3%)
Net income¥116 million (YoY -4.5%)
Gross Profit Margin39.7
Operating profit margin15.5
Selling, general and administrative expenses¥205 million
Results for the three months of the current quarterNet Sales ¥849 million / Operating profit ¥131 million / Ordinary income ¥130 million / Net income ¥116 million
Full-year earnings forecastNet Sales ¥4,000 million / Operating profit ¥790 million
Self-assessment against the planProgress broadly in line with budget
Segment resultsSegment SOSEI business / Net Sales ¥605 million / Year-on-year sales 23.9 / Operating profit ¥207 million / Year-on-year operating profit 4.4, Segment CoolLaser business / Net Sales ¥244 million / Operating profit ¥-8 million, Segment Corporate expenses / Operating profit ¥-66 million
Breakdown of Factors Affecting the ChangeFactors Personnel expenses / Amount Up ¥17 million year on year, Factors Research and development costs / Amount Up ¥24 million year on year; development headcount up 2; consumables related to development up ¥10 million, Factors Payment commissions / Amount Up ¥11 million year on year; recruitment expenses up ¥5 million; SOSEI commissions up ¥3 million, among other items, Factors Increase in inventory / Amount Up ¥350 million from the end of the previous fiscal year, Factors Increase in products and merchandise, etc. / Amount Up ¥326 million from the end of the previous fiscal year
Key KPIsIndicator name Number of CoolLaser units delivered / Value 2 Units / Year on year against the same period last year Not disclosed, Indicator name Number of projects specifying the CoolLaser method / Value 20 Cases or more / Year on year against the same period last year 2 cases in the previous period, Indicator name CoolLaser production capacity / Value 2 units/month / Year on year against the same period last year Not disclosed, Indicator name Cumulative SOSEI construction area / Value 174 10,000 sq. m. / Year on year against the same period last year Not disclosed, Indicator name CoolLaser field track record / Value 200 over downloads / Year on year against the same period last year Not disclosed
Number of employeesNumber of Employees 54 people (at the end of June 2026, including part-time employees) / Change during the period Up 5 people from 49 at the end of March 2026 (SOSEI +1, CoolLaser +3, head office +1) / Company profile 61 directors and employees (as of the end of June 2026)
Assumptions Underlying the Business OutlookItem CoolLaser production capacity / Figures 2 units per month in the fiscal year ending March 2027, Item Timing of the CoolLaser production capacity increase / Figures Targeted for around the end of the first half of the fiscal year ending March 2028
Medium-term management plan targetsItem Annual CoolLaser production and sales volume / Target value 120 Units / Target fiscal year Fiscal year ending March 2030, Item CoolLaser production volume / Target value 17〜24 / Target fiscal year Fiscal year ending March 2028 (forecast)
Market Size / ShareItem Domestic blasting equipment market size / Value ¥800 10 billion or more (2023; company estimate), Item Road bridges nationwide / Value 730,000 bridges, Item Railway bridges nationwide / Value 100,000 bridges, Item Telecommunications towers / Value 80,000 towers, Item Transmission towers / Value 240,000 units, Item SOSEI share of metal-roof shipment area / Value 7 %
New initiativesStart of mass production of CoolLaser at the new HAMAMATSU BASE plant (2 units per month), Build-out of the structure for CoolLaser's overseas expansion, discussions with sales agents in ASEAN and Taiwan, and preparations for shipments to the UAE, Disclosure of CoolLaser's proprietary dust-collection system and environmental measurement results, Successful field testing of the SOSEI line robot and full-scale entry into the metal-roof renovation market, Expand CoolLaser production capacity by developing multiple new suppliers
Items this document does not state (11)
Progress against full-year forecastUnit price and quantity metricsNumber of stores and locationsRisk amount incorporated into the outlookFinancial targetsAnnual 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.

Gross profit increased with revenue growth, but operating profit declined slightly due to higher selling, general and administrative expenses resulting from growth investments. Specific factors included increases in personnel expenses, research and development expenses, and fees paid, including recruitment expenses and SOSEI commissions. The gross profit margin also deteriorated slightly due to higher material prices attributable to the situation in the Middle East and higher outsourcing costs.

How to read this page

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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Results Presentation Materials for the First Quarter of the Fiscal Year Ending March 2027 | TOYOKOH Inc. (341A) timely disclosure | Komori