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
421
¥ millions (operating profit)Wording
Conditional
How definitive the wording is.Contents of this document
Presentation materials for financial resultsFiscal year ending March 2026, full year9 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥3,605 million+6.7%
Operating profit¥421 million+76.6%
Ordinary income¥479 million+78.9%
Net income¥372 million+362.9%
Operating profit margin11.7%, up 4.6 percentage points year on year (7.1%→11.7%)
Full-year earnings forecast
Net Sales
¥3,800 million
Operating profit
¥393 million
Annual Dividend
¥42
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。
Revenue for the fiscal year ended March 202699.9% of budget
Operating profit, fiscal year ended March 2026131.6% of budget
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Revenue was 99.9% of budget, below plan, while operating profit was 131.6% of budgetBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Revenue up¥118 million
- Cost improvements and lower expenses¥68 million
- Operating efficiency¥45 million
- Other¥15 million
- Depreciation¥-30 million
- Human Capital Investment¥-11 million
- Higher raw material costs and other factors¥-22 million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
The outlook assumes continued instability in the Middle East, higher raw material prices, deeper engagement with existing customers, and continued strength in polishing-related products. Numerical assumptions: not disclosedNew initiatives
- Absorption merger of wholly owned subsidiary Nisshin Seisakusho, effective 1 April 2026
- Recruitment website redesign
- Renewal of the recruitment website, improvements to the workplace environment, and consideration of introducing employee benefits programs
Segment results
Integrated adhesive resin processing
Net Sales
¥2,958 million
Operating profit
¥397 million
Year on year against the same period last yearRevenue increased from ¥2,840 million in the previous year, while operating profit increased from ¥371 million
Specialized machinery
Net Sales
¥646 million
Operating profit
¥59 million
Year on year against the same period last yearRevenue increased from ¥537 million in the previous year, while operating profit increased from ¥30 million
Medium-term management plan targets
Fiscal year ending March 2027
Net Sales
¥3,800 million
Operating profit
¥390 million
Annual Dividend
Fiscal year ending March 2026
¥41
Breakdown¥21 interim dividend and ¥20 year-end dividend
Forecast for the fiscal year ending March 2027
¥42
Breakdown¥21 interim dividend, ¥21 year-end dividend
Payout ratio
Fiscal year ending March 202629 %
Acquisition of treasury shares
The company stated that it is considering the acquisition of treasury shares. The acquisition limit, number of shares and period were not disclosed| Item | Details |
|---|---|
| Document type | Presentation materials for financial results |
| Fiscal Period Covered | Fiscal year ending March 2026, full year |
| Net Sales | ¥3,605 million (YoY +6.7%) |
| Operating profit | ¥421 million (YoY +76.6%) |
| Ordinary income | ¥479 million (YoY +78.9%) |
| Net income | ¥372 million (YoY +362.9%) |
| Operating profit margin | 11.7%, up 4.6 percentage points year on year (7.1%→11.7%) |
| Full-year earnings forecast | Net Sales ¥3,800 million / Operating profit ¥393 million / Annual Dividend ¥42 |
| Progress against full-year forecast | Revenue for the fiscal year ended March 2026 99.9% of budget / Operating profit, fiscal year ended March 2026 131.6% of budget |
| Self-assessment against the plan | Revenue was 99.9% of budget, below plan, while operating profit was 131.6% of budget |
| Segment results | Integrated adhesive resin processing Net Sales ¥2,958 million / Operating profit ¥397 million / Year on year against the same period last year Revenue increased from ¥2,840 million in the previous year, while operating profit increased from ¥371 million / Specialized machinery Net Sales ¥646 million / Operating profit ¥59 million / Year on year against the same period last year Revenue increased from ¥537 million in the previous year, while operating profit increased from ¥30 million |
| Breakdown of Factors Affecting the Change | Factors Revenue up / Amount ¥118 million, Factors Cost improvements and lower expenses / Amount ¥68 million, Factors Operating efficiency / Amount ¥45 million, Factors Other / Amount ¥15 million, Factors Depreciation / Amount ¥-30 million, Factors Human Capital Investment / Amount ¥-11 million, Factors Higher raw material costs and other factors / Amount ¥-22 million |
| Assumptions Underlying the Business Outlook | The outlook assumes continued instability in the Middle East, higher raw material prices, deeper engagement with existing customers, and continued strength in polishing-related products. Numerical assumptions: not disclosed |
| Medium-term management plan targets | Fiscal year ending March 2027 Net Sales ¥3,800 million / Operating profit ¥390 million |
| Annual Dividend | Fiscal year ending March 2026 ¥41 / Forecast for the fiscal year ending March 2027 ¥42 |
| Payout ratio | Fiscal year ending March 2026 29 % |
| Acquisition of treasury shares | The company stated that it is considering the acquisition of treasury shares. The acquisition limit, number of shares and period were not disclosed |
| New initiatives | Absorption merger of wholly owned subsidiary Nisshin Seisakusho, effective 1 April 2026, Recruitment website redesign, Renewal of the recruitment website, improvements to the workplace environment, and consideration of introducing employee benefits programs |
Items this document does not state (13)
Gross Profit MarginSelling, general and administrative expensesResults for the three months of the current quarterKey KPIsUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookFinancial targetsCapital 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 cost reductions from improved material yields and production-process improvements, greater operating efficiency, and the elimination of inventory adjustments for polishing-related products. It explained that lower sales of belt-related products caused revenue to fall short of budget.
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.