Worth reading
35Immaterial
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
120
Year-on-year change in operating income (%)Wording
Conditional
How definitive the wording is.Contents of this document
Results presentationSecond quarter of the fiscal year ending March 20273 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥28,059 million+9.6%
Operating profit¥285 million+120.0%
Ordinary income¥263 million+36.7%
Net income¥228 million interim net income attributable to owners of the parent
Operating profit margin
Rate1.0%
Full-year earnings forecast
Net Sales
¥56,000 million
Operating profit
¥100 million
Ordinary income
¥-50 million
Profit attributable to owners of the parent
¥20 million
Earnings per share
0.84 yen
Dividend per share
52 yen
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Lower revenue and an unfavorable price mix¥-360 million
- Price¥680 million
- Foreign exchange impact (from ¥146 to ¥159 per US dollar)¥400 million
- Increase in fixed costs¥-400 million
- Cost Improvement¥250 million
- Price reductions from rationalization¥-140 million
- Earnings impact and other factors¥-275 million
- Middle East impact¥0 million
Annual Dividend
¥52 per share
Interim26
End of period26
Payout ratio
DOE3.5%
| Item | Details |
|---|---|
| Document type | Results presentation |
| Fiscal Period Covered | Second quarter of the fiscal year ending March 2027 |
| Net Sales | ¥28,059 million (YoY +9.6%) |
| Operating profit | ¥285 million (YoY +120.0%) |
| Ordinary income | ¥263 million (YoY +36.7%) |
| Net income | ¥228 million (interim net income attributable to owners of the parent) |
| Operating profit margin | Rate 1.0% / Year-on-year change (points) Not disclosed |
| Full-year earnings forecast | Net Sales ¥56,000 million / Operating profit ¥100 million / Ordinary income ¥-50 million / Profit attributable to owners of the parent ¥20 million / Earnings per share 0.84 yen / Dividend per share 52 yen |
| Breakdown of Factors Affecting the Change | Factors Lower revenue and an unfavorable price mix / Amount ¥-360 million, Factors Price / Amount ¥680 million, Factors Foreign exchange impact (from ¥146 to ¥159 per US dollar) / Amount ¥400 million, Factors Increase in fixed costs / Amount ¥-400 million, Factors Cost Improvement / Amount ¥250 million, Factors Price reductions from rationalization / Amount ¥-140 million, Factors Earnings impact and other factors / Amount ¥-275 million, Factors Middle East impact / Amount ¥0 million |
| Annual Dividend | ¥52 per share |
| Payout ratio | Rate Not disclosed / DOE 3.5% |
Items this document does not state (20)
Gross Profit MarginSelling, general and administrative expensesResults for the three months of the current quarterProgress against full-year forecastSelf-assessment against the planSegment resultsKey KPIsUnit price and quantity metricsNumber of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsAcquisition of treasury sharesCapital expendituresOrders received and order backlogMarket Size / ShareKey points of the Q&ANew initiatives
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.In the first half, the pass-through of soaring material costs into selling prices, the positive effect of the weaker yen, the carryover effect of the timing difference in reflecting material costs in prices, and cost improvements contributed to higher profit. On the other hand, lower revenue due to the slowdown in the Chinese market, higher fixed costs and rationalization-related price reductions contributed to lower profit. The upward revision to the full-year forecasts reflects efforts to revise selling prices, foreign exchange effects, lower costs from optimizing fixed costs, the expected proceeds from the sale of a sales office, and a reduction in the deduction for non-controlling interests due to the deterioration in the earnings outlook for the Chinese subsidiary.
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.