Worth reading
80Important
Scored from 4 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
-28.2
Year-on-year change in operating profit (%)Wording
Conditional
How definitive the wording is.Contents of this document
Presentation materials for financial resultsFiscal year ending March 2026, full year10 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales1,080 Hundreds of millions of yen-1.0%
Operating profit62 Hundreds of millions of yen-28.2%
Ordinary income85 Hundreds of millions of yen-12.0%
Net income49 Hundreds of millions of yen-27.3%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Net sales fell short of the forecast, while operating income, ordinary income and net income exceeded the forecastsBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Freight and packing expenses¥-226 million
- Depreciation¥567 million
- Dividends received¥231 million
- Foreign Exchange Gains¥322 million
- Foreign exchange losses¥-436 million
- Tender offer expenses¥-148 million
- Gain on sale of investment securities¥-1,142 million
- Impairment Losses¥591 million
- Loss on sale of investment securities¥-189 million
- Total income taxes¥-875 million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
- Assumed Exchange Rates150 JPY/USD
New initiatives
- Implementation of a new core business system
- Completion and commencement of operations at the new Okayama plant
- Installation of labor-saving equipment at selected plants
- Improved efficiency in raw material procurement, production and inventory management
Key KPIsA metric the company considers important as a management benchmark.
- EPS (earnings per share)¥282.84Year on year against the same period last year-100.5%
- PBR (price-to-book ratio)0.9 timesYear on year against the same period last yearFlat
- Return on equity (ROE)4.7 ％Year on year against the same period last year-2.6%
- ROA (return on assets)5.5 ％Year on year against the same period last year-1.2%
- Equity ratio67.3 ％Year on year against the same period last year+2.7%
- PER (price-to-earnings ratio)21 timesYear on year against the same period last year+7.8%
Segment results
Industrial products
Net Sales
¥75,756 million+1.5%
Segment profit
¥513 million-61.6%
Consumer products
Net Sales
¥32,040 million-6.4%
Segment profit
¥7,643 million-17.5%
Capital expenditures
¥7,467 million
Annual Dividend
Annual dividend per share¥120
Interim Dividend¥60
Year-end dividend¥60
Payout ratio
Rate42.4 ％
Total payout ratio69.1 ％
Acquisition of treasury shares
Number of shares acquired256,792 Shares
Acquisition amount13 Shares
Amount unitHundreds of millions of yen
| Item | Details |
|---|---|
| Document type | Presentation materials for financial results |
| Fiscal Period Covered | Fiscal year ending March 2026, full year |
| Net Sales | 1,080 Hundreds of millions of yen (YoY -1.0%) |
| Operating profit | 62 Hundreds of millions of yen (YoY -28.2%) |
| Ordinary income | 85 Hundreds of millions of yen (YoY -12.0%) |
| Net income | 49 Hundreds of millions of yen (YoY -27.3%) |
| Self-assessment against the plan | Net sales fell short of the forecast, while operating income, ordinary income and net income exceeded the forecasts |
| Segment results | Industrial products Net Sales ¥75,756 million (YoY +1.5%) / Segment profit ¥513 million (YoY -61.6%) / Consumer products Net Sales ¥32,040 million (YoY -6.4%) / Segment profit ¥7,643 million (YoY -17.5%) |
| Breakdown of Factors Affecting the Change | Factors Freight and packing expenses / Amount ¥-226 million, Factors Depreciation / Amount ¥567 million, Factors Dividends received / Amount ¥231 million, Factors Foreign Exchange Gains / Amount ¥322 million, Factors Foreign exchange losses / Amount ¥-436 million, Factors Tender offer expenses / Amount ¥-148 million, Factors Gain on sale of investment securities / Amount ¥-1,142 million, Factors Impairment Losses / Amount ¥591 million, Factors Loss on sale of investment securities / Amount ¥-189 million, Factors Total income taxes / Amount ¥-875 million |
| Key KPIs | Indicator name EPS (earnings per share) / Value ¥282.84 / Year on year against the same period last year ¥-100.51, Indicator name PBR (price-to-book ratio) / Value 0.9 times / Year on year against the same period last year Flat, Indicator name Return on equity (ROE) / Value 4.7 ％ / Year on year against the same period last year -2.6 ％, Indicator name ROA (return on assets) / Value 5.5 ％ / Year on year against the same period last year -1.2 ％, Indicator name Equity ratio / Value 67.3 ％ / Year on year against the same period last year 2.7 ％, Indicator name PER (price-to-earnings ratio) / Value 21 times / Year on year against the same period last year 7.8 times |
| Assumptions Underlying the Business Outlook | Item Assumed Exchange Rates / Value 150 JPY/USD |
| Annual Dividend | Annual dividend per share ¥120 / Interim Dividend ¥60 / Year-end dividend ¥60 |
| Payout ratio | Rate 42.4 ％ / Total payout ratio 69.1 ％ |
| Acquisition of treasury shares | Number of shares acquired 256,792 Shares / Acquisition amount 13 Shares / Amount unit Hundreds of millions of yen |
| Capital expenditures | ¥7,467 million |
| New initiatives | Implementation of a new core business system, Completion and commencement of operations at the new Okayama plant, Installation of labor-saving equipment at selected plants, Improved efficiency in raw material procurement, production and inventory management |
Items this document does not state (15)
Gross Profit MarginOperating profit marginSelling, general and administrative expensesResults for the three months of the current quarterFull-year earnings forecastProgress against full-year forecastUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsOrders 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.Sales and profit from automotive interior materials declined in North America due to production cuts for vehicle models using the company's materials and the cancellation of the start of mass production for new models. Condom sales and profit declined in Japan due to a decrease in inbound tourism and overseas due to the sluggish Chinese economy. In addition, soaring prices for flame retardants, particularly antimony, mainly weighed on profit from automotive interior materials.
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.