Worth reading
53Recurring
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
-446
¥ millions (year-on-year change in operating income)Wording
Conditional
How definitive the wording is.Contents of this document
Results presentationSecond quarter (interim period) 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¥4,897 million+6.6%
Operating profit¥-265 million-245.8%
Ordinary income¥-198 million-200.7%
Net income¥-185 million-245.1%
Full-year earnings forecast
Net Sales
¥12,200 million
Operating profit
¥662 million
Ordinary income
¥715 million
Profit attributable to owners of the parent
¥429 million
Earnings per share
¥25.07
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Sales realization fell below the expected level, and gross profit generated was below forecast.Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Temporary expenses and other items¥237 milliondirectionFactors behind lower profit
- Foreign Exchange Gains¥124 milliondirectionFactors increasing profit; non-operating income
- Derivative Valuation Losses¥53 milliondirectionFactors reducing profit; non-operating expenses
New initiatives
- Formulation of a new 3-year medium-term management plan covering the fiscal years ending March 2027 through March 2029
- Release of the proprietary-designed AI agent “palton AI”
- M&A and business alliance investments targeted at approximately ¥1 billion to ¥2 billion
- Financing through ¥1 billion in unsecured corporate bonds
- Continuing progressive dividends
Key KPIsA metric the company considers important as a management benchmark.
- Orders received¥5,928 million+8.4%
- Order backlog¥5,565 million+18.8%
Segment results
- Network segmentNet Sales¥814 million
- Security segmentNet Sales¥2,155 million
- Solution Services segmentNet Sales¥1,927 million
Medium-term management plan targets
Target fiscal yearFiscal year ending March 2029
Net Sales
¥150 100 million
Ordinary income
¥12 100 million
ROE
15 %
Financial targets
ROE
Actual results
11.4 %
Target for the fiscal year ending March 2027
12 %
Target for the fiscal year ending March 2029
15 %
Orders received and order backlog
Orders received
¥5,928 million
Order backlog
¥5,565 million
Number of employees
446 people
As of1 November 2026
Annual Dividend
¥5.4 per share
Payout ratio
21.5 %
| Item | Details |
|---|---|
| Document type | Results presentation |
| Fiscal Period Covered | Second quarter (interim period) of the fiscal year ending March 2027 |
| Net Sales | ¥4,897 million (YoY +6.6%) |
| Operating profit | ¥-265 million (YoY -245.8%) |
| Ordinary income | ¥-198 million (YoY -200.7%) |
| Net income | ¥-185 million (YoY -245.1%) |
| Full-year earnings forecast | Net Sales ¥12,200 million / Operating profit ¥662 million / Ordinary income ¥715 million / Profit attributable to owners of the parent ¥429 million / Earnings per share ¥25.07 |
| Self-assessment against the plan | Sales realization fell below the expected level, and gross profit generated was below forecast. |
| Segment results | Segment Network segment / Net Sales ¥814 million / yoy_pct -9.3, Segment Security segment / Net Sales ¥2,155 million / yoy_pct 14.4, Segment Solution Services segment / Net Sales ¥1,927 million / yoy_pct 6.4 |
| Breakdown of Factors Affecting the Change | Temporary expenses and other items ¥237 million, Foreign Exchange Gains ¥124 million, Derivative Valuation Losses ¥53 million |
| Key KPIs | Orders received ¥5,928 million (YoY +8.4%), Order backlog ¥5,565 million (YoY +18.8%) |
| Number of employees | 446 people |
| Medium-term management plan targets | Target fiscal year Fiscal year ending March 2029 / Net Sales ¥150 100 million / Ordinary income ¥12 100 million / ROE 15 % |
| Financial targets | ROE Actual results 11.4 % / Target for the fiscal year ending March 2027 12 % / Target for the fiscal year ending March 2029 15 % |
| Annual Dividend | ¥5.4 per share |
| Payout ratio | 21.5 % |
| Orders received and order backlog | Orders received ¥5,928 million / Order backlog ¥5,565 million |
| New initiatives | Formulation of a new 3-year medium-term management plan covering the fiscal years ending March 2027 through March 2029, Release of the proprietary-designed AI agent “palton AI”, M&A and business alliance investments targeted at approximately ¥1 billion to ¥2 billion, Financing through ¥1 billion in unsecured corporate bonds, Continuing progressive dividends |
Items this document does not state (13)
Gross Profit MarginOperating profit marginSelling, general and administrative expensesResults for the three months of the current quarterProgress against full-year forecastUnit price and quantity metricsNumber of stores and locationsAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookAcquisition of treasury sharesCapital expendituresMarket 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 reasons cited are surging material prices due to geopolitical risks, higher procurement prices for imported products due to the weaker yen, increased implementation time for new large-scale products, higher fixed outsourcing costs due to delays in material procurement and service delivery, investment in human capital, head office relocation costs and M&A-related expenses.
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.