Worth reading
58In focus
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
15
¥100 million (downward revision to the SMILE2027 operating profit target)Wording
Conditional
How definitive the wording is.Contents of this document
Supplementary materials to the earnings reportFiscal year ending March 20267 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales484.9 Hundreds of millions of yen+0.8%
Operating profit19.8 Hundreds of millions of yen+19.8%
Ordinary income24.1 Hundreds of millions of yen+16.0%
Net income16.1 Hundreds of millions of yen-43.0%
Selling, general and administrative expenses162.5 Hundreds of millions of yen
Gross Profit Margin
Rate37.6%
Year-on-year change (points)+0.3pt
Operating profit margin
Rate4.1%
Year-on-year change (points)+0.7pt
Full-year earnings forecast
Net Sales
520 Hundreds of millions of yen
Operating profit
25 Hundreds of millions of yen
Ordinary income
27 Hundreds of millions of yen
Profit attributable to owners of the parent
18 Hundreds of millions of yen
Annual Dividend
¥46
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。
Additional informationFor actual results for the fiscal year ending March 2026, progress is shown against both the initial plan and the revised plan: revenue, 92.0% and 100.0%; operating profit, 79.5% and 104.6%; ordinary profit, 86.3% and 105.1%; and net income, 100.9% and 107.7%, respectively.
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Volume factor423 Millions of yen
Pricing727 Millions of yen
Sales deductions and other items-438 Millions of yen
Disposal and valuation losses, etc.179 Millions of yen
Cost factors-575 Millions of yen
Marketing expenses-407 Millions of yen
Other SG&A expenses419 Millions of yen
New initiatives
- Profitability transformation projects for 2 existing businesses
- Expansion of the BtoB coatings business and strengthening the foundation of the fragrance space design business
- Improving demand forecast accuracy through the use of AI
- Transformation into an R&D structure focused on creating new value
- Concentration of the overseas business in ASEAN and investment for growth
- Commercialization following pilot testing, with M&A also under consideration
Segment results
Air Care
Net Sales216 Hundreds of millions of yen
Year on year against the same period last year102.3%
Pet Care
Net Sales37.7 Hundreds of millions of yen
Year on year against the same period last year105.1%
Fabric Care
Net Sales66.5 Hundreds of millions of yen
Year on year against the same period last year97.3%
Home Care
Net Sales44.4 Hundreds of millions of yen
Year on year against the same period last year102.7%
Humidity Care
Net Sales25 Hundreds of millions of yen
Year on year against the same period last year90.6%
Thermo Care
Net Sales39.7 Hundreds of millions of yen
Year on year against the same period last year97.0%
Hand Care
Net Sales55.4 Hundreds of millions of yen
Year on year against the same period last year102.9%
Medium-term management plan targets
Plan nameSMILE2027
Target fiscal yearFiscal year ending March 2027
Original plan
Net Sales¥56.5 billion
Operating profit¥4 billion
ROE8.3%
Revised plan
Net Sales¥52.0 billion
Operating profit¥2.5 billion
ROE5.3%
Actual results
Net Sales¥48.4 billion
Operating profit¥1.9 billion
ROE4.9%
Financial targets
ROE
Actual results for the fiscal year ending March 20264.9%
Revised plan for the fiscal year ending March 20275.3%
Initial plan for the fiscal year ending March 20278.3%
Annual Dividend
¥46 per share
Payout ratio
53.3% (planned for the fiscal year ending March 2027)| Item | Details |
|---|---|
| Document type | Supplementary materials to the earnings report |
| Fiscal Period Covered | Fiscal year ending March 2026 |
| Net Sales | 484.9 Hundreds of millions of yen (YoY +0.8%) |
| Operating profit | 19.8 Hundreds of millions of yen (YoY +19.8%) |
| Ordinary income | 24.1 Hundreds of millions of yen (YoY +16.0%) |
| Net income | 16.1 Hundreds of millions of yen (YoY -43.0%) |
| Gross Profit Margin | Rate 37.6% / Year-on-year change (points) +0.3pt |
| Operating profit margin | Rate 4.1% / Year-on-year change (points) +0.7pt |
| Selling, general and administrative expenses | 162.5 Hundreds of millions of yen |
| Full-year earnings forecast | Net Sales 520 Hundreds of millions of yen / Operating profit 25 Hundreds of millions of yen / Ordinary income 27 Hundreds of millions of yen / Profit attributable to owners of the parent 18 Hundreds of millions of yen / Annual Dividend ¥46 |
| Progress against full-year forecast | Net Sales Not disclosed / Operating profit Not disclosed / Ordinary income Not disclosed / Net income Not disclosed / Additional information For actual results for the fiscal year ending March 2026, progress is shown against both the initial plan and the revised plan: revenue, 92.0% and 100.0%; operating profit, 79.5% and 104.6%; ordinary profit, 86.3% and 105.1%; and net income, 100.9% and 107.7%, respectively. |
| Segment results | Air Care Net Sales 216 Hundreds of millions of yen / Year on year against the same period last year 102.3% / Pet Care Net Sales 37.7 Hundreds of millions of yen / Year on year against the same period last year 105.1% / Fabric Care Net Sales 66.5 Hundreds of millions of yen / Year on year against the same period last year 97.3% / Home Care Net Sales 44.4 Hundreds of millions of yen / Year on year against the same period last year 102.7% / Humidity Care Net Sales 25 Hundreds of millions of yen / Year on year against the same period last year 90.6% / Thermo Care Net Sales 39.7 Hundreds of millions of yen / Year on year against the same period last year 97.0% / Hand Care Net Sales 55.4 Hundreds of millions of yen / Year on year against the same period last year 102.9% |
| Breakdown of Factors Affecting the Change | Volume factor 423 Millions of yen / Pricing 727 Millions of yen / Sales deductions and other items -438 Millions of yen / Disposal and valuation losses, etc. 179 Millions of yen / Cost factors -575 Millions of yen / Marketing expenses -407 Millions of yen / Other SG&A expenses 419 Millions of yen |
| Medium-term management plan targets | Plan name SMILE2027 / Target fiscal year Fiscal year ending March 2027 / Original plan Net Sales ¥56.5 billion / Operating profit ¥4 billion / ROE 8.3% / Revised plan Net Sales ¥52.0 billion / Operating profit ¥2.5 billion / ROE 5.3% / Actual results Net Sales ¥48.4 billion / Operating profit ¥1.9 billion / ROE 4.9% |
| Financial targets | ROE Actual results for the fiscal year ending March 2026 4.9% / Revised plan for the fiscal year ending March 2027 5.3% / Initial plan for the fiscal year ending March 2027 8.3% |
| Annual Dividend | ¥46 per share |
| Payout ratio | 53.3% (planned for the fiscal year ending March 2027) |
| New initiatives | Profitability transformation projects for 2 existing businesses, Expansion of the BtoB coatings business and strengthening the foundation of the fragrance space design business, Improving demand forecast accuracy through the use of AI, Transformation into an R&D structure focused on creating new value, Concentration of the overseas business in ASEAN and investment for growth, Commercialization following pilot testing, with M&A also under consideration |
Items this document does not state (13)
Results for the three months of the current quarterSelf-assessment against the planKey KPIsUnit price and quantity metricsNumber of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookAcquisition 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.The decline in net income was due to the reversal of the prior year's gain on negative goodwill. The reasons given for revising the medium-term management plan downward were the lack of effectiveness in the existing businesses' strategies, failure to meet plans for new products and higher-value-added products, weak earnings power in the Pet Care business, and delays in the overseas business growth strategy.
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.