Worth reading
52Recurring
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
5400
¥ millionWording
Avoiding a definitive answer
How definitive the wording is.Contents of this document
Supplementary materials to the earnings reportFirst quarter of the fiscal year ending March 202711 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥13,347 million+11.0%
Operating profit¥772 million+36.2%
Ordinary income¥884 million+34.0%
Net income¥1,019 million+127.1%
Operating profit margin5.8% (as stated in the materials' quarterly performance trend)
Results for the three months of the current quarter
Net Sales
¥13,347 million
Operating profit
¥772 million
Ordinary income
¥884 million
Profit attributable to owners of parent for the quarter
¥1,019 million
Full-year earnings forecast
Net Sales
¥54,300 million
Operating profit
¥2,700 million
Ordinary income
¥2,900 million
Profit attributable to owners of the parent
¥2,650 million
ROE
8.3 %
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Net Sales
Selling Prices¥821 million
Sales volume¥483 million
Subsidiaries¥26 million
Consolidation adjustments¥-11 million
Operating profit
Selling Prices¥821 million
Rising raw material prices¥-450 million
Terms of trade¥371 million
Sales volume¥97 million
Increase in variable costs¥-125 million
Increase in fixed costs¥-106 million
Inventories¥-24 million
Subsidiaries and consolidation adjustments¥-7 million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
The materials refer to foreign exchange rates (yen depreciation), raw material prices, inflation, utility costs, logistics costs and labor costs, but specific figures are not disclosedNew initiatives
- Share buyback of up to ¥1.2 billion
- Streamlining of low-profit contract-manufactured chemical products
- Shift toward higher-value-added products
- Rebuilding the production system
- Strengthening of equipment maintenance
- Human Capital Investment
- Exhibition at the Nikkei–Tokyo Stock Exchange IR Fair 2026
Unit price and quantity metricsThese figures show sales broken down by price and volume.
Selling Prices
¥821 million revenue change drivers
Sales volume
¥483 million revenue change drivers
Segment results
Ink Business
Net Sales
¥4,896 million+11.9%
Segment profit
¥249 million-4.3%
Operating margin
5.1 %
Chemical Products Business
Net Sales
¥6,339 million+7.7%
Segment profit
¥310 million+33.6%
Operating margin
4.9 %
Processed Products Business
Net Sales
¥2,089 million+19.7%
Segment profit
¥236 million+169.4%
Operating margin
11.3 %
Real Estate Leasing Business
Net Sales
¥22 million+0.1%
Segment profit
¥14 million+33.5%
Operating margin
62.6 %
Medium-term management plan targets
Structural reforms will continue toward achieving the medium-term management plan, TOKYOink 2027. Specific target figures and target years are not disclosedFinancial targets
ROE
Initial forecast6.1 %
Revised forecast8.3 %
Equity ratio
End of previous period59.4 %
End of first quarter58 %
Market Size / Share
The offset ink market continues to contract. The company aims to increase its market share through new customer acquisition and strengthened sales efforts, but the figure is not disclosedAnnual Dividend
Annual dividend per share
¥95
Interim Dividend
¥50
Year-end dividend
¥45
Payout ratio
Payout Ratio Target40% or more, or DOE of 1.0% or more
Forecast total payout ratio for the fiscal year ending March 202788.4 %
Acquisition of treasury shares
Total acquisition cost
¥12 100 million maximum
Total number of shares acquired
800,000 Shares maximum
Acquisition period6 August 2026 to 31 March 2027
| Item | Details |
|---|---|
| Document type | Supplementary materials to the earnings report |
| Fiscal Period Covered | First quarter of the fiscal year ending March 2027 |
| Net Sales | ¥13,347 million (YoY +11.0%) |
| Operating profit | ¥772 million (YoY +36.2%) |
| Ordinary income | ¥884 million (YoY +34.0%) |
| Net income | ¥1,019 million (YoY +127.1%) |
| Operating profit margin | 5.8% (as stated in the materials' quarterly performance trend) |
| Results for the three months of the current quarter | Net Sales ¥13,347 million / Operating profit ¥772 million / Ordinary income ¥884 million / Profit attributable to owners of parent for the quarter ¥1,019 million |
| Full-year earnings forecast | Net Sales ¥54,300 million / Operating profit ¥2,700 million / Ordinary income ¥2,900 million / Profit attributable to owners of the parent ¥2,650 million / ROE 8.3 % |
| Segment results | Ink Business Net Sales ¥4,896 million (YoY +11.9%) / Segment profit ¥249 million (YoY -4.3%) / Operating margin 5.1 % / Chemical Products Business Net Sales ¥6,339 million (YoY +7.7%) / Segment profit ¥310 million (YoY +33.6%) / Operating margin 4.9 % / Processed Products Business Net Sales ¥2,089 million (YoY +19.7%) / Segment profit ¥236 million (YoY +169.4%) / Operating margin 11.3 % / Real Estate Leasing Business Net Sales ¥22 million (YoY +0.1%) / Segment profit ¥14 million (YoY +33.5%) / Operating margin 62.6 % |
| Breakdown of Factors Affecting the Change | Net Sales Selling Prices ¥821 million / Sales volume ¥483 million / Subsidiaries ¥26 million / Consolidation adjustments ¥-11 million / Operating profit Selling Prices ¥821 million / Rising raw material prices ¥-450 million / Terms of trade ¥371 million / Sales volume ¥97 million / Increase in variable costs ¥-125 million / Increase in fixed costs ¥-106 million / Inventories ¥-24 million / Subsidiaries and consolidation adjustments ¥-7 million |
| Unit price and quantity metrics | Selling Prices ¥821 million (revenue change drivers) / Sales volume ¥483 million (revenue change drivers) |
| Assumptions Underlying the Business Outlook | The materials refer to foreign exchange rates (yen depreciation), raw material prices, inflation, utility costs, logistics costs and labor costs, but specific figures are not disclosed |
| Medium-term management plan targets | Structural reforms will continue toward achieving the medium-term management plan, TOKYOink 2027. Specific target figures and target years are not disclosed |
| Financial targets | ROE Initial forecast 6.1 % / Revised forecast 8.3 % / Equity ratio End of previous period 59.4 % / End of first quarter 58 % |
| Annual Dividend | Annual dividend per share ¥95 / Interim Dividend ¥50 / Year-end dividend ¥45 |
| Payout ratio | Payout Ratio Target 40% or more, or DOE of 1.0% or more / Forecast total payout ratio for the fiscal year ending March 2027 88.4 % |
| Acquisition of treasury shares | Total acquisition cost ¥12 100 million (maximum) / Total number of shares acquired 800,000 Shares (maximum) / Acquisition period 6 August 2026 to 31 March 2027 |
| Market Size / Share | The offset ink market continues to contract. The company aims to increase its market share through new customer acquisition and strengthened sales efforts, but the figure is not disclosed |
| New initiatives | Share buyback of up to ¥1.2 billion, Streamlining of low-profit contract-manufactured chemical products, Shift toward higher-value-added products, Rebuilding the production system, Strengthening of equipment maintenance, Human Capital Investment, Exhibition at the Nikkei–Tokyo Stock Exchange IR Fair 2026 |
Items this document does not state (11)
Gross Profit MarginSelling, general and administrative expensesProgress against full-year forecastSelf-assessment against the planKey KPIsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookCapital expendituresOrders 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.The reasons cited include sales price revisions to offset higher raw material prices, a shift toward higher-value-added products, increased sales volumes, and greater market share through new customer acquisition and strengthened sales efforts. Meanwhile, the impact of higher raw material prices is expected to become more pronounced in the second half of the fiscal year.
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.