Komori
Financial results presentation4240CLUSTER TECHNOLOGY CO.,LTD.Materials and Chemicals

Materials for the Financial Results Briefing for the Fiscal Year Ending March 2026

For the fiscal year ended March 2026, revenue and profit reached record highs, driven by growth in the industrial equipment business and high capacity utilization. For the fiscal year ending March 2027, however, a significant decline in profit is expected due to changes in the business mix and upfront investment in equipment and personnel.

Worth reading
53Recurring
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
-94141
Thousands of yen (decrease in operating profit from the actual result for the fiscal year ended March 2026 to the forecast for the fiscal year ending March 2027)
Wording
Conditional
How definitive the wording is.

Contents of this document

Financial results presentationFiscal year ending March 2026 (full year)11 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥1,299,249 thousand+27.0%
Operating profit¥164,141 thousand+51.0%
Ordinary income¥165,954 thousand+49.7%
Net income¥125,470 thousand+24.7%
Selling, general and administrative expenses¥383,397 thousand
Gross Profit Margin42.1% (calculated from a cost of sales ratio of 57.9%; gross profit margin and year-on-year change are not disclosed in the materials)
Operating profit margin12.6%, up 2.0 percentage points year on year
Full-year earnings forecast
Nano/Micro Technology-related Business
¥1,026,000 thousand
Macro Technology-related Business
¥260,000 thousand
Other Businesses
¥6,000 thousand
Net Sales
¥1,292,000 thousand
Gross profit
¥510,000 thousand
Selling, General and Administrative Expenses
¥440,000 thousand
Operating profit
¥70,000 thousand
Ordinary income
¥76,000 thousand
Net income for the current fiscal year
¥46,000 thousand
Workforce Plan
87 people
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
The final quantitative targets of the medium-term management plan were achieved ahead of schedule in the fiscal year ended March 2026
New initiatives
  • Additional investment in new equipment at the Kansai and Kanto plants
  • Consideration of an expansion to the Kanto Plant building
  • Stepped-up hiring of manufacturing personnel, engineers, sales personnel, and administrative personnel
Key KPIsA metric the company considers important as a management benchmark.
  • Return on equity (ROE)7.4 %
    Year on year against the same period last year+1.1 percentage points
  • Net income per share¥22.04
    Year on year against the same period last yearUp ¥4.36 year on year
  • Dividend¥6
    Year on year against the same period last year+¥2.00
  • Share of revenue from major customers (Nano/Micro business)At least 90%
  • R&D expenses as a percentage of revenue4.8 %
Segment results
  • Nano/Micro Technology-related Business
    Net Sales¥1,063,324 thousand (YoY +29.5%)
    Segment profit¥485,110 thousand (YoY +27.5%)
    Operating margin45.6 %
  • Macro Technology-related Business
    Net Sales¥225,226 thousand (YoY +21.9%)
    Segment profit¥59,249 thousand (YoY +17.4%)
    Operating margin26.3 %
  • Other Businesses
    Net Sales¥10,698 thousand (YoY -35.5%)
    Segment profit¥3,178 thousand (YoY +51.8%)
    Operating margin29.7 %
Medium-term management plan targets
Period CoveredFiscal years ending March 2025 to March 2027
Net Sales
¥1,260,000 thousand
Operating profit
¥120,000 thousand
Comparison with actual resultsAchieved ahead of schedule in the fiscal year ended March 2026
Market Size / Share
  • Total digital camera shipments9,439 thousand units (2025)
  • Mirrorless camera share of totalApproximately 67% (2025)
  • Total digital camera shipment value¥880,575 million (2025)
  • Mirrorless camera shipment value¥698,717 million (2025)
  • Shipment value of extra-high-voltage and high-voltage switchboards¥179,321 million (fiscal 2024)
Number of stores and locations
3 business locations (head office/Kansai Plant, Kanto Plant, and East Japan Sales Office). The number of openings and closures during the period is not disclosed
Number of employees
Number of Employees76 people
Record dateEnd of March 2026
Hiring plan87 people (workforce plan for the fiscal year ending March 2027)
Capital expenditures
389,000 Thousands of yen forecast for the fiscal year ending March 2027
Annual Dividend
Annual dividend per share
¥6
End of period
¥6
Payout ratio
30 % approximate
Contents of this document
ItemDetails
Document typeFinancial results presentation
Fiscal Period CoveredFiscal year ending March 2026 (full year)
Net Sales¥1,299,249 thousand (YoY +27.0%)
Operating profit¥164,141 thousand (YoY +51.0%)
Ordinary income¥165,954 thousand (YoY +49.7%)
Net income¥125,470 thousand (YoY +24.7%)
Gross Profit Margin42.1% (calculated from a cost of sales ratio of 57.9%; gross profit margin and year-on-year change are not disclosed in the materials)
Operating profit margin12.6%, up 2.0 percentage points year on year
Selling, general and administrative expenses¥383,397 thousand
Full-year earnings forecastNano/Micro Technology-related Business ¥1,026,000 thousand / Macro Technology-related Business ¥260,000 thousand / Other Businesses ¥6,000 thousand / Net Sales ¥1,292,000 thousand / Gross profit ¥510,000 thousand / Selling, General and Administrative Expenses ¥440,000 thousand / Operating profit ¥70,000 thousand / Ordinary income ¥76,000 thousand / Net income for the current fiscal year ¥46,000 thousand / Workforce Plan 87 people
Self-assessment against the planThe final quantitative targets of the medium-term management plan were achieved ahead of schedule in the fiscal year ended March 2026
Segment resultsSegment Nano/Micro Technology-related Business / Net Sales ¥1,063,324 thousand (YoY +29.5%) / Segment profit ¥485,110 thousand (YoY +27.5%) / Operating margin 45.6 %, Segment Macro Technology-related Business / Net Sales ¥225,226 thousand (YoY +21.9%) / Segment profit ¥59,249 thousand (YoY +17.4%) / Operating margin 26.3 %, Segment Other Businesses / Net Sales ¥10,698 thousand (YoY -35.5%) / Segment profit ¥3,178 thousand (YoY +51.8%) / Operating margin 29.7 %
Key KPIsIndicator name Return on equity (ROE) / Value 7.4 % / Year on year against the same period last year +1.1 percentage points, Indicator name Net income per share / Value ¥22.04 / Year on year against the same period last year Up ¥4.36 year on year, Indicator name Dividend / Value ¥6 / Year on year against the same period last year +¥2.00, Indicator name Share of revenue from major customers (Nano/Micro business) / Value At least 90% / Year on year against the same period last year Not disclosed, Indicator name R&D expenses as a percentage of revenue / Value 4.8 % / Year on year against the same period last year Not disclosed
Number of stores and locations3 business locations (head office/Kansai Plant, Kanto Plant, and East Japan Sales Office). The number of openings and closures during the period is not disclosed
Number of employeesNumber of Employees 76 people / Record date End of March 2026 / Change during the period Not disclosed / Hiring plan 87 people (workforce plan for the fiscal year ending March 2027)
Medium-term management plan targetsPeriod Covered Fiscal years ending March 2025 to March 2027 / Net Sales ¥1,260,000 thousand / Operating profit ¥120,000 thousand / Comparison with actual results Achieved ahead of schedule in the fiscal year ended March 2026
Annual DividendAnnual dividend per share ¥6 / Interim Not disclosed / End of period ¥6
Payout ratio30 % (approximate)
Capital expenditures389,000 Thousands of yen (forecast for the fiscal year ending March 2027)
Market Size / ShareMarket Total digital camera shipments / Value 9,439 thousand units (2025), Market Mirrorless camera share of total / Value Approximately 67% (2025), Market Total digital camera shipment value / Value ¥880,575 million (2025), Market Mirrorless camera shipment value / Value ¥698,717 million (2025), Market Shipment value of extra-high-voltage and high-voltage switchboards / Value ¥179,321 million (fiscal 2024)
New initiativesAdditional investment in new equipment at the Kansai and Kanto plants, Consideration of an expansion to the Kanto Plant building, Stepped-up hiring of manufacturing personnel, engineers, sales personnel, and administrative personnel
Items this document does not state (10)
Results for the three months of the current quarterProgress against full-year forecastBreakdown of Factors Affecting the ChangeUnit price and quantity metricsAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookFinancial targetsAcquisition of treasury sharesOrders 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.

Profit is expected to decline in the fiscal year ending March 2027 due to changes in the sales mix resulting from lower revenue in the Nano/Micro business and higher revenue in the Macro business, increased investment in new equipment, and higher labor costs and personnel placement fees associated with stepped-up hiring. Factors contributing to the increase in profit for the fiscal year ended March 2026 included growth in revenue from the industrial equipment business, a recovery in the Macro business, high capacity utilization, and contributions from high-margin products.

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.