Worth reading
41Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Deterioration
Direction inferred from the company’s description.Scale
-38
Millions of yen (year-on-year change in revenue)Wording
Conditional
How definitive the wording is.Contents of this document
Financial results presentationThird quarter of the fiscal year ending June 20264 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥366 million-9.3%
Operating profit¥4 million-81.3%
Ordinary income¥4 million-83.7%
Net income¥2 million-81.9%
Selling, general and administrative expenses¥87 million Q3 standalone
Gross Profit Margin72.6%; year-on-year change: +5.1 percentage points (third quarter alone of the fiscal year ending June 2026)
Operating profit margin18.7%; year-on-year change: -2.3 percentage points (third quarter alone of the fiscal year ending June 2026)
Results for the three months of the current quarter
Net Sales
¥161 million
Contract development revenue
¥88 million
License Income
¥72 million
Cost of sales
¥44 million
Gross profit
¥117 million
Gross Profit Margin72.6%
Selling, general and administrative expenses
¥87 million
Research and development costs
¥24 million
Operating profit
¥30 million
Operating profit margin18.7%
Full-year earnings forecast
Net Sales
¥540 million
Contract development revenue
¥395 million
License Income
¥145 million
Cost of sales and SG&A expenses
¥523 million
Personnel Expenses
¥323 million
Expenses
¥200 million
Operating profit
¥17 million
Ordinary income
¥17 million
Profit attributable to owners of the parent
¥14 million
Progress against full-year forecast 通期の予想に対して、いまどこまで進んだかの割合です。
Net Sales67.8%
Contract development revenue42.8%
License Income136.0%
Cost of sales and SG&A expenses69.1%
Personnel Expenses69.3%
Expenses73.7%
Operating profit27.7%
Ordinary income22.6%
Profit attributable to owners of the parent17.2%
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Operating profit, third quarter of the fiscal year ending June 2025+¥25 million
- Decrease in contract development revenue-¥117 million
- Increase in license revenue+¥79 million
- Decrease in personnel expenses+¥6 million
- Increase in expenses-¥1 million
- Transfer of work in progress+¥12 million
- Operating profit, third quarter of the fiscal year ending June 2026Up ¥4 million
New initiatives
- Expansion of Drawing-AI, drawing-analysis AI, to support multiple industries
- Additional project awarded under a joint development project with a major automotive parts manufacturer (Tier 1)
- Consolidation of research and development operations at the head office
- Commencement of liquidation proceedings for the Chinese subsidiary in Beijing
Key KPIsA metric the company considers important as a management benchmark.
- Cumulative number of mass-produced units of our licensed products3,654 thousand units
Number of employees
Headcount: Not disclosed. The materials state that there was an impact from the reduction in headcount.| Item | Details |
|---|---|
| Document type | Financial results presentation |
| Fiscal Period Covered | Third quarter of the fiscal year ending June 2026 |
| Net Sales | ¥366 million (YoY -9.3%) |
| Operating profit | ¥4 million (YoY -81.3%) |
| Ordinary income | ¥4 million (YoY -83.7%) |
| Net income | ¥2 million (YoY -81.9%) |
| Gross Profit Margin | 72.6%; year-on-year change: +5.1 percentage points (third quarter alone of the fiscal year ending June 2026) |
| Operating profit margin | 18.7%; year-on-year change: -2.3 percentage points (third quarter alone of the fiscal year ending June 2026) |
| Selling, general and administrative expenses | ¥87 million (Q3 standalone) |
| Results for the three months of the current quarter | Net Sales ¥161 million / Contract development revenue ¥88 million / License Income ¥72 million / Cost of sales ¥44 million / Gross profit ¥117 million / Gross Profit Margin 72.6% / Selling, general and administrative expenses ¥87 million / Research and development costs ¥24 million / Operating profit ¥30 million / Operating profit margin 18.7% |
| Full-year earnings forecast | Net Sales ¥540 million / Contract development revenue ¥395 million / License Income ¥145 million / Cost of sales and SG&A expenses ¥523 million / Personnel Expenses ¥323 million / Expenses ¥200 million / Operating profit ¥17 million / Ordinary income ¥17 million / Profit attributable to owners of the parent ¥14 million |
| Progress against full-year forecast | Net Sales 67.8% / Contract development revenue 42.8% / License Income 136.0% / Cost of sales and SG&A expenses 69.1% / Personnel Expenses 69.3% / Expenses 73.7% / Operating profit 27.7% / Ordinary income 22.6% / Profit attributable to owners of the parent 17.2% |
| Breakdown of Factors Affecting the Change | Factors Operating profit, third quarter of the fiscal year ending June 2025 / Amount +¥25 million, Factors Decrease in contract development revenue / Amount -¥117 million, Factors Increase in license revenue / Amount +¥79 million, Factors Decrease in personnel expenses / Amount +¥6 million, Factors Increase in expenses / Amount -¥1 million, Factors Transfer of work in progress / Amount +¥12 million, Factors Operating profit, third quarter of the fiscal year ending June 2026 / Amount Up ¥4 million |
| Key KPIs | Indicator name Cumulative number of mass-produced units of our licensed products / Value 3,654 thousand units / Year on year against the same period last year Not disclosed |
| Number of employees | Headcount: Not disclosed. The materials state that there was an impact from the reduction in headcount. |
| New initiatives | Expansion of Drawing-AI, drawing-analysis AI, to support multiple industries, Additional project awarded under a joint development project with a major automotive parts manufacturer (Tier 1), Consolidation of research and development operations at the head office, Commencement of liquidation proceedings for the Chinese subsidiary in Beijing |
Items this document does not state (15)
Self-assessment against the planSegment resultsUnit price and quantity metricsNumber of stores and locationsAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan targetsFinancial 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.Licensing revenue increased on strong mass production of in-vehicle cameras for new vehicles using our licenses. However, a joint development project with a major automaker was temporarily suspended for reasons attributable to the customer, resulting in lower contract development revenue.
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.
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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.