Worth reading
54Recurring
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
80.6
% (year-on-year increase in net sales)Wording
Conditional
How definitive the wording is.Contents of this document
Financial results presentationFirst quarter of the fiscal year ending March 20277 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥6,152 million+80.6%
Operating profit¥31 million-66.3%
Ordinary income¥122 million-33.4%
Net income¥88 million-34.5%
Results for the three months of the current quarter
Net Sales
¥6,152 million
Operating profit
¥31 million
Ordinary income
¥122 million
Quarterly net income
¥88 million
Full-year earnings forecast
Net Sales
¥24,000 million
Operating profit
¥610 million
Ordinary income
¥800 million
Gain on sale of investment securities
¥2,100 million
Net income for the current fiscal year
¥2,170 million
Dividend per share
¥230
ROE
12.1 %
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。
Net Sales25.6
Operating profit5.1
Ordinary income15.4
Quarterly net income4.1
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Increase in sales volume¥62 millionDirectionIncreased
- Orders for new lines¥10 millionDirectionIncreased
- New office operations, additional staff, salary increases and other factors¥-31 millionDirectionDecreased
- R&D investment and other factors¥-10 millionDirectionDecreased
- One-off factors associated with falling precious metal prices (inventory valuation losses and temporary losses from the recovery of precious metals used in R&D prototypes)¥-57 millionDirectionDecreased
New initiatives
- Investment in a VC fund specializing in investments in the semiconductor sector
Key KPIsA metric the company considers important as a management benchmark.
- Export ratio52.6 %Year on year against the same period last year+2.3%
Segment results
For printed circuit boards and semiconductor package substrates
Net Sales
¥3,084 million
For connectors and microswitches
Net Sales
¥774 million
For lead frames
Net Sales
¥2,250 million
Other
Net Sales
¥43 million
Medium-term management plan targets
TargetReduce cross-shareholdings to less than 20% of net assets
Target fiscal yearFY2025-2027
Actual results
Percentage of net assets80.5 %
Financial targets
ROE
12.1 %
ComparisonActual FY2026 ROE: 11.5%
Annual Dividend
Annual
¥230 per share
| Item | Details |
|---|---|
| Document type | Financial results presentation |
| Fiscal Period Covered | First quarter of the fiscal year ending March 2027 |
| Net Sales | ¥6,152 million (YoY +80.6%) |
| Operating profit | ¥31 million (YoY -66.3%) |
| Ordinary income | ¥122 million (YoY -33.4%) |
| Net income | ¥88 million (YoY -34.5%) |
| Results for the three months of the current quarter | Net Sales ¥6,152 million / Operating profit ¥31 million / Ordinary income ¥122 million / Quarterly net income ¥88 million |
| Full-year earnings forecast | Net Sales ¥24,000 million / Operating profit ¥610 million / Ordinary income ¥800 million / Gain on sale of investment securities ¥2,100 million / Net income for the current fiscal year ¥2,170 million / Dividend per share ¥230 / ROE 12.1 % |
| Progress against full-year forecast | Net Sales 25.6 / Operating profit 5.1 / Ordinary income 15.4 / Quarterly net income 4.1 |
| Segment results | For printed circuit boards and semiconductor package substrates Net Sales ¥3,084 million / Year on year against the same period last year Not disclosed / For connectors and microswitches Net Sales ¥774 million / Year on year against the same period last year Not disclosed / For lead frames Net Sales ¥2,250 million / Year on year against the same period last year Not disclosed / Other Net Sales ¥43 million / Year on year against the same period last year Not disclosed |
| Breakdown of Factors Affecting the Change | Factors Increase in sales volume / Amount ¥62 million / Direction Increased, Factors Orders for new lines / Amount ¥10 million / Direction Increased, Factors New office operations, additional staff, salary increases and other factors / Amount ¥-31 million / Direction Decreased, Factors R&D investment and other factors / Amount ¥-10 million / Direction Decreased, Factors One-off factors associated with falling precious metal prices (inventory valuation losses and temporary losses from the recovery of precious metals used in R&D prototypes) / Amount ¥-57 million / Direction Decreased |
| Key KPIs | Indicator name Export ratio / Value 52.6 % / Year on year against the same period last year 2.3 % |
| Medium-term management plan targets | Target Reduce cross-shareholdings to less than 20% of net assets / Target fiscal year FY2025-2027 / Actual results Percentage of net assets 80.5 % |
| Financial targets | ROE Value 12.1 % / Comparison Actual FY2026 ROE: 11.5% |
| Annual Dividend | Annual ¥230 per share / Interim Not disclosed / End of period Not disclosed |
| New initiatives | Investment in a VC fund specializing in investments in the semiconductor sector |
Items this document does not state (15)
Gross Profit MarginOperating profit marginSelling, general and administrative expensesSelf-assessment against the planUnit price and quantity metricsNumber of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookPayout ratioAcquisition 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.Revenue benefited from strong sales of semiconductor packages and modules and memory-related products, consumer demand, and higher precious metal prices year on year. Although gross profit increased as sales volume grew, operating profit declined due to a one-off factor associated with the fall in precious metal prices from the end of March through the end of June.
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.