Worth reading
61In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Deterioration
Direction inferred from the company’s description.Scale
-19.3
%Wording
Conditional
How definitive the wording is.Results for this period
Third quarter2023年１月１日～2023年９月30日ConsolidatedJapanese GAAPNet Sales9,981¥ millionYear on year -19.3%Progress 72.3%
Operating profit1,671¥ millionYear on year -46.4%Progress 74.3%
Ordinary income1,878¥ millionYear on year -45.4%Progress 75.1%
Net income attributable to owners of the parent1,707¥ millionYear on year -28.4%Progress 79.4%
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¥90.39
Operating Margin16.8%
Financial position at period-end
Total assets27,780¥ million
of which net assets 24,220 ¥ millionEquity ratio 87.2%vs. prior year-end +2.4pt
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.
Segment revenueJapan ¥3,898 million (YoY -20.4%), Taiwan ¥1,917 million (YoY -27.6%), 香港（香港、珠海） ¥1,215 million (YoY -22.2%), China (Suzhou) ¥1,906 million (YoY -12.5%), Europe ¥630 million (YoY +3.1%), Thailand ¥413 million (YoY -11.3%)
Segment profitJapan ¥678 million (YoY -67.2%), Taiwan ¥185 million (YoY -47.6%), 香港（香港、珠海） ¥204 million (YoY -31.4%), China (Suzhou) ¥210 million (YoY -27.5%), Europe ¥17 million (YoY -68.4%), Thailand ¥-9 million
Regional sales¥3,898 million (YoY -20.4%), ¥1,917 million (YoY -27.6%), ¥1,215 million (YoY -22.2%), ¥1,906 million (YoY -12.5%), ¥630 million (YoY +3.1%), ¥413 million (YoY -11.3%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥13,800 million (YoY -15.5%)
Operating profit¥2,250 million (YoY -43.8%)
Ordinary income¥2,500 million (YoY -41.1%)
Net income¥2,150 million (YoY -29.8%)
Revision to Earnings ForecastNot disclosed → Net Sales 13,800 / Operating profit 2,250 / Ordinary income 2,500 / Net income 2,150
Annual Dividend Forecast¥45 → ¥45（0.0%）
Factors Behind Changes in Business Performance
電子機器や電子基板・部品の需要が弱く、関連製品の受注が低水準で推移した。高密度電子基板向け製品の開発・販売に注力したが、回復の角度は緩やかだった。
Disclosure regarding the going concern assumption
Not applicable.
Change in accounting policy
基準改正に伴う変更 Yesそれ以外の変更 No見積りの変更 No修正再表示 No
Changes in the scope of consolidation重要な子会社の異動なし（新規・除外会社の社名記載なし）
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥556,919 thousand, Gain on sale of investment securities ¥344 thousand / Extraordinary loss Loss on Disposal of Fixed Assets ¥13,237 thousand
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (for institutional investors and analysts)
Issued Shares at Period-End20,071,093
Treasury Shares at Period-End1,346,202
| Item | Details |
|---|---|
| Fiscal Period Classification | Third quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 2023年１月１日～2023年９月30日 |
| Net Sales | ¥9,981 million (YoY -19.3%) |
| Operating profit | ¥1,671 million (YoY -46.4%) |
| Ordinary income | ¥1,878 million (YoY -45.4%) |
| Profit attributable to owners of the parent | ¥1,707 million (YoY -28.4%) |
| Net income per share | ¥90.39 |
| Operating Margin | 16.8% |
| Equity ratio | End of the current fiscal period 87.2% / End of previous period 84.8% |
| Total assets | ¥27,780 million |
| Net assets | ¥24,220 million |
| Full-year earnings forecast | Net Sales ¥13,800 million (YoY -15.5%) / Operating profit ¥2,250 million (YoY -43.8%) / Ordinary income ¥2,500 million (YoY -41.1%) / Net income ¥2,150 million (YoY -29.8%) |
| Revision to Earnings Forecast | Not disclosed → Net Sales 13,800 / Operating profit 2,250 / Ordinary income 2,500 / Net income 2,150 |
| Annual Dividend Forecast | ¥45 → ¥45（0.0%） |
| Segment revenue | Japan ¥3,898 million (YoY -20.4%), Taiwan ¥1,917 million (YoY -27.6%), 香港（香港、珠海） ¥1,215 million (YoY -22.2%), China (Suzhou) ¥1,906 million (YoY -12.5%), Europe ¥630 million (YoY +3.1%), Thailand ¥413 million (YoY -11.3%) |
| Segment profit | Japan ¥678 million (YoY -67.2%), Taiwan ¥185 million (YoY -47.6%), 香港（香港、珠海） ¥204 million (YoY -31.4%), China (Suzhou) ¥210 million (YoY -27.5%), Europe ¥17 million (YoY -68.4%), Thailand ¥-9 million |
| Regional sales | ¥3,898 million (YoY -20.4%), ¥1,917 million (YoY -27.6%), ¥1,215 million (YoY -22.2%), ¥1,906 million (YoY -12.5%), ¥630 million (YoY +3.1%), ¥413 million (YoY -11.3%) |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥556,919 thousand, Gain on sale of investment securities ¥344 thousand / Extraordinary loss Loss on Disposal of Fixed Assets ¥13,237 thousand |
| Disclosure regarding the going concern assumption | Not applicable. |
| Change in accounting policy | Changes due to revisions to standards Yes / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | 重要な子会社の異動なし（新規・除外会社の社名記載なし） |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Available (for institutional investors and analysts) |
| Issued Shares at Period-End | 20,071,093 |
| Treasury Shares at Period-End | 1,346,202 |
| Factors Behind Changes in Business Performance | 電子機器や電子基板・部品の需要が弱く、関連製品の受注が低水準で推移した。高密度電子基板向け製品の開発・販売に注力したが、回復の角度は緩やかだった。 |
Items this document does not state (10)
Cash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodPayout ratioShareholder Return PolicyOrders received and order backlogDepreciation and amortizationImpairment lossMaterial subsequent events
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.世界的なインフレや金融引き締め、地政学リスク、弱い個人消費を背景に、電子機器や電子基板・部品の需要が低調に推移し、関連製品の受注が低水準となったため。
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.