Worth reading
54Recurring
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
3.9
% (year-on-year change in revenue)Wording
Conditional
How definitive the wording is.Results for this period
Full year1 April 2025–31 March 2026ConsolidatedIFRSNet Sales1,359,611¥ millionYear on year +3.9%Progress 98.5%
Operating profit197,882¥ millionYear on year +19.3%Progress 92.0%
Ordinary income176,786¥ millionYear on year +21.7%Progress 92.6%
Net income attributable to owners of the parent123,891¥ millionYear on year +25.4%Progress 92.1%
The width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.
Net income per share¥286.22
Operating Margin14.9% (core operating margin on revenue)
Financial position at period-end
Total assets2,767,679¥ million
of which net assets 1,260,671 ¥ millionEquity ratio 44.0%vs. prior year-end +3.5pt
塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.
Cash inflows and outflows
Operating+272,594
Investment-202,776
Financials-59,230
Net change+10,588
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Cash and cash equivalents at end of period¥165,348 million
Segment revenueJapan ¥406,296 million (YoY -0.9%), United States ¥360,557 million (YoY +0.1%), Europe ¥350,978 million (YoY +6.8%), Asia and Oceania ¥208,452 million (YoY +18.1%), THERMOS ¥33,263 million (YoY +2.1%)
Segment profitJapan ¥54,182 million (YoY +15.1%), United States ¥52,914 million (YoY -11.5%), Europe ¥70,426 million (YoY +12.8%), Asia and Oceania ¥19,746 million (YoY +31.2%), THERMOS ¥6,511 million (YoY +3.6%)
Regional sales¥406,296 million (YoY -0.9%), ¥360,557 million (YoY +0.1%), ¥350,978 million (YoY +6.8%), ¥208,452 million (YoY +18.1%), ¥33,263 million (YoY +2.1%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥1,380,000 million (YoY +1.5%)
Operating profit¥215,000 million (YoY +8.7%)
Ordinary income¥191,000 million (YoY +8.0%)
Net income¥134,500 million (YoY +5.2%)
Annual Dividend Forecast¥62 per share → ¥66 per share
Payout ratioFiscal year ending March 2026 21.7 % / Forecast for the fiscal year ending March 2027 21.8 %
Shareholder Return PolicyThe company’s dividend policy is based on maintaining stable dividends while taking into account linkage to consolidated results.
Factors Behind Changes in Business Performance
Although shipment volumes of products and merchandise declined year on year, the company continued its pricing management initiatives, including passing cost increases through to selling prices, as well as productivity improvement programs in each region. Foreign exchange movements also boosted revenue and core operating profit.
Disclosure regarding the going concern assumption
Not applicable.
Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 Not disclosed
Changes in the scope of consolidationNew 5 / Excluded Not disclosed / Company name Nippon Sanso Homecare Espana, S.L.U. (formerly Esteve Teijin Healthcare, S.L.), Coregas Pty Ltd, and 3 other companies
Material subsequent eventsFollowing a resolution of the Board of Directors on 27 April 2026 and the execution of an agreement on 28 April 2026, the company will sell the land underlying its head office in Shinagawa-ku, Tokyo, on 28 May 2026, as scheduled. The estimated gain on the sale is ¥12,421 million, and an impairment loss of ¥1,865 million on the head office building is also expected to be recorded.
Impairment loss¥407 million
Breakdown of extraordinary income (loss)Gain on sale of non-current assets ¥667 million, Loss on Reorganization of Affiliates ¥-1,301 million, Impairment Losses ¥-407 million, Brand restructuring costs ¥-791 million, Special retirement payments ¥-1,843 million, Business restructuring provision expenses ¥-1,481 million, Other ¥-42 million
Depreciation and amortization¥126,904 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for institutional investors and analysts)
Issued Shares at Period-End433,092,837
Treasury Shares at Period-End239,340
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | IFRS |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2025–31 March 2026 |
| Net Sales | ¥1,359,611 million (YoY +3.9%) |
| Operating profit | ¥197,882 million (YoY +19.3%) |
| Ordinary income | ¥176,786 million (YoY +21.7%) |
| Profit attributable to owners of the parent | ¥123,891 million (YoY +25.4%) |
| Net income per share | ¥286.22 |
| Operating Margin | 14.9% (core operating margin on revenue) |
| Equity ratio | End of the current fiscal period 44.0% / End of previous period 40.5% |
| Total assets | ¥2,767,679 million |
| Net assets | ¥1,260,671 million |
| Cash flows from operating activities | ¥272,594 million |
| Cash flows from investing activities | ¥-202,776 million |
| Cash flows from financing activities | ¥-59,230 million |
| Cash and cash equivalents at end of period | ¥165,348 million |
| Full-year earnings forecast | Net Sales ¥1,380,000 million (YoY +1.5%) / Operating profit ¥215,000 million (YoY +8.7%) / Ordinary income ¥191,000 million (YoY +8.0%) / Net income ¥134,500 million (YoY +5.2%) |
| Annual Dividend Forecast | ¥62 per share → ¥66 per share |
| Payout ratio | Fiscal year ending March 2026 21.7 % / Forecast for the fiscal year ending March 2027 21.8 % |
| Shareholder Return Policy | The company’s dividend policy is based on maintaining stable dividends while taking into account linkage to consolidated results. |
| Segment revenue | Japan ¥406,296 million (YoY -0.9%), United States ¥360,557 million (YoY +0.1%), Europe ¥350,978 million (YoY +6.8%), Asia and Oceania ¥208,452 million (YoY +18.1%), THERMOS ¥33,263 million (YoY +2.1%) |
| Segment profit | Japan ¥54,182 million (YoY +15.1%), United States ¥52,914 million (YoY -11.5%), Europe ¥70,426 million (YoY +12.8%), Asia and Oceania ¥19,746 million (YoY +31.2%), THERMOS ¥6,511 million (YoY +3.6%) |
| Regional sales | ¥406,296 million (YoY -0.9%), ¥360,557 million (YoY +0.1%), ¥350,978 million (YoY +6.8%), ¥208,452 million (YoY +18.1%), ¥33,263 million (YoY +2.1%) |
| Depreciation and amortization | ¥126,904 million |
| Impairment loss | ¥407 million |
| Breakdown of extraordinary income (loss) | Gain on sale of non-current assets ¥667 million, Loss on Reorganization of Affiliates ¥-1,301 million, Impairment Losses ¥-407 million, Brand restructuring costs ¥-791 million, Special retirement payments ¥-1,843 million, Business restructuring provision expenses ¥-1,481 million, Other ¥-42 million |
| Disclosure regarding the going concern assumption | Not applicable. |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement Not disclosed |
| Changes in the scope of consolidation | New 5 / Excluded Not disclosed / Company name Nippon Sanso Homecare Espana, S.L.U. (formerly Esteve Teijin Healthcare, S.L.), Coregas Pty Ltd, and 3 other companies |
| Material subsequent events | Following a resolution of the Board of Directors on 27 April 2026 and the execution of an agreement on 28 April 2026, the company will sell the land underlying its head office in Shinagawa-ku, Tokyo, on 28 May 2026, as scheduled. The estimated gain on the sale is ¥12,421 million, and an impairment loss of ¥1,865 million on the head office building is also expected to be recorded. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (for institutional investors and analysts) |
| Issued Shares at Period-End | 433,092,837 |
| Treasury Shares at Period-End | 239,340 |
| Factors Behind Changes in Business Performance | Although shipment volumes of products and merchandise declined year on year, the company continued its pricing management initiatives, including passing cost increases through to selling prices, as well as productivity improvement programs in each region. Foreign exchange movements also boosted revenue and core operating profit. |
Items this document does not state (2)
Revision to Earnings ForecastOrders received and order backlog
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.Although shipment volumes of products and merchandise declined, higher profit was supported by pricing management, including passing cost increases through to selling prices, and the continued implementation of productivity improvement programs in each region. Due to foreign exchange movements, revenue and core operating profit are shown approximately ¥22.9 billion and ¥4.4 billion higher, respectively.
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.