Worth reading
23Immaterial
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
-404
¥ million (year-on-year change in consolidated revenue)Wording
Conditional
How definitive the wording is.Contents of this document
Financial results presentationThird quarter of the fiscal year ending October 20263 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥1,928 million-17.3%
Operating profit¥-620 million
Ordinary income¥-542 million
Net income¥-905 million
Results for the three months of the current quarterThird-quarter standalone revenue by category was ¥547 million from royalty revenue, ¥185 million from development revenue and ¥44 million from other revenue. By region, revenue was ¥166 million in Japan, ¥543 million in China, ¥11 million in North America, ¥37 million in Asia and ¥21 million in Europe.
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Decline in royalty revenue from smartphones
- Selective acceptance and downsizing of commissioned projects, mainly automotive projects
- Growth in royalty revenue from wearable devices
- Lower fixed-cost burden
The company identifies the factors but does not state the amount attributable to each one.
New initiatives
- “Demonstration of an Indoor Autonomous Inspection Drone Measurement Service” selected for the Tokyo Metropolitan Industrial Technology Research Institute's demonstration-based joint research program
- Demonstration of an indoor autonomous inspection drone measurement service through a three-company alliance with Prodrone and Murata Machinery
- Launch of joint development in camera technologies for software-defined vehicles (SDVs) with Astemo株式会社
Medium-term management plan targets
Under its medium-term management plan, “Vision 2027,” the company is promoting a shift from a commissioned-development-centered model to a stock-based model centered on product licenses and royalties. Numerical targets: Not disclosed.| Item | Details |
|---|---|
| Document type | Financial results presentation |
| Fiscal Period Covered | Third quarter of the fiscal year ending October 2026 |
| Net Sales | ¥1,928 million (YoY -17.3%) |
| Operating profit | ¥-620 million |
| Ordinary income | ¥-542 million |
| Net income | ¥-905 million |
| Results for the three months of the current quarter | Third-quarter standalone revenue by category was ¥547 million from royalty revenue, ¥185 million from development revenue and ¥44 million from other revenue. By region, revenue was ¥166 million in Japan, ¥543 million in China, ¥11 million in North America, ¥37 million in Asia and ¥21 million in Europe. |
| Breakdown of Factors Affecting the Change | Factors Decline in royalty revenue from smartphones / Amount Not disclosed, Factors Selective acceptance and downsizing of commissioned projects, mainly automotive projects / Amount Not disclosed, Factors Growth in royalty revenue from wearable devices / Amount Not disclosed, Factors Lower fixed-cost burden / Amount Not disclosed |
| Medium-term management plan targets | Under its medium-term management plan, “Vision 2027,” the company is promoting a shift from a commissioned-development-centered model to a stock-based model centered on product licenses and royalties. Numerical targets: Not disclosed. |
| New initiatives | “Demonstration of an Indoor Autonomous Inspection Drone Measurement Service” selected for the Tokyo Metropolitan Industrial Technology Research Institute's demonstration-based joint research program, Demonstration of an indoor autonomous inspection drone measurement service through a three-company alliance with Prodrone and Murata Machinery, Launch of joint development in camera technologies for software-defined vehicles (SDVs) with Astemo株式会社 |
Items this document does not state (21)
Gross Profit MarginOperating profit marginSelling, general and administrative expensesFull-year earnings forecastProgress 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 outlookFinancial targetsAnnual DividendPayout ratioAcquisition of treasury sharesCapital expendituresOrders received and order backlogMarket Size / ShareKey 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.The company cited the impact of lower smartphone shipments on royalty revenue, the selective acceptance and downsizing of commissioned projects, particularly automotive projects, and a revenue structure with a high fixed-cost ratio. For the third quarter alone, higher royalty revenue from wearable devices and a lower fixed-cost burden were cited as factors behind the improvement.
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.