Worth reading
60In 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
-98
億円（前年同期比の営業利益差異）Wording
Conditional
How definitive the wording is.Contents of this document
Earnings presentation2025年3月期 第1四半期9 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥2,164 million
Operating profit¥48 million
Net income¥24 million
Operating profit margin2.2 %
Results for the three months of the current quarter
Net Sales
¥2,164 million
Operating profit
¥48 million
Income before taxes
¥0 million
Profit for the period
¥27 million
Net income
¥24 million
EBITDA
¥175 million
Full-year earnings forecast
Net Sales
¥8,400 million
Operating profit
¥300 million
Income before taxes
¥70 million
Profit for the period
¥20 million
Net income
¥0 million
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
逆風の中でのスタートBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Foreign Exchange+¥0.3 billion
- Sales volume/mix-¥300 million
- Selling Prices-¥6.4 billion
- Raw material and fuel costs+¥2.8 billion
- Other–¥6.3 billion
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
- AssumptionsMajor currenciesDetails2024年3月期より円高の見込みは不変
- Assumptionsエネルギー価格・原材料価格Details安定的に推移する見込み
- Assumptions人件費等その他コストDetailsインフレにより増加が継続する見込み
- Assumptions為替レート（期初見通し）Details英ポンド171円、ユーロ150円、米ドル140円、ブラジル・レアル28.9円
New initiatives
- グループ全体でのさらなるコスト削減
- Expansion of high-value-added products
- 販売価格の改善交渉の継続
- 米国の既存フロートラインの転換
- マレーシアの新設備の通年稼働による収益貢献
Key KPIsA metric the company considers important as a management benchmark.
- EBITDA¥175 millionYear on year against the same period last year△79億円
- Free cash flow¥-317 millionYear on year against the same period last year△1億円（前年同期と同水準）
- Equity ratio13.9 %Year on year against the same period last year前期末比+1.6pt
- Interest-Bearing Debt¥5,418 millionYear on year against the same period last year前期末比+354億円
Segment results
Architectural glass business
Net Sales
¥902 million
Operating profit
¥33 million
Year on year against the same period last year
Net Sales-¥5.5 billion
Operating profit△86億円
Automotive glass business
Net Sales
¥1,136 million
Operating profit
¥25 million
Year on year against the same period last year
Net Sales+¥12.7 billion
Operating profit-¥0.7 billion
High-performance glass business
Net Sales
¥124 million
Operating profit
¥20 million
Year on year against the same period last year
Net Sales+¥2.4 billion
Operating profit-¥100 million
Other
Net Sales
¥2 million
Operating profit
¥-31 million
Year on year against the same period last year
Net Sales-¥1.1 billion
Operating profit-¥400 million
Medium-term management plan targets
Fiscal year ending March 2027
Operating profit¥64.0 billion
Operating profit margin7%
Free cash flow¥27.0 billion
Interest-Bearing Debt4,420億円
Equity ratio15%
Fiscal year ending March 2030
Operating profit margin10% or higher
Comparison with actual results
Operating profit¥4.8 billion
Operating profit margin2.2%
Free cash flow△317億円
Interest-Bearing Debt5,418億円
Equity ratio13.9%
Financial targets
Equity ratio
Target15%
Actual results13.9%
Interest-Bearing Debt
Target4,420億円
Actual results5,418億円
Capital expenditures
80 億円2025年3月期第1四半期の資本的支出
| Item | Details |
|---|---|
| Document type | Earnings presentation |
| Fiscal Period Covered | 2025年3月期 第1四半期 |
| Net Sales | ¥2,164 million |
| Operating profit | ¥48 million |
| Net income | ¥24 million |
| Operating profit margin | 2.2 % |
| Results for the three months of the current quarter | Net Sales ¥2,164 million / Operating profit ¥48 million / Income before taxes ¥0 million / Profit for the period ¥27 million / Net income ¥24 million / EBITDA ¥175 million |
| Full-year earnings forecast | Net Sales ¥8,400 million / Operating profit ¥300 million / Income before taxes ¥70 million / Profit for the period ¥20 million / Net income ¥0 million |
| Self-assessment against the plan | 逆風の中でのスタート |
| Segment results | Architectural glass business Net Sales ¥902 million / Operating profit ¥33 million / Year on year against the same period last year Net Sales -¥5.5 billion / Operating profit △86億円 / Automotive glass business Net Sales ¥1,136 million / Operating profit ¥25 million / Year on year against the same period last year Net Sales +¥12.7 billion / Operating profit -¥0.7 billion / High-performance glass business Net Sales ¥124 million / Operating profit ¥20 million / Year on year against the same period last year Net Sales +¥2.4 billion / Operating profit -¥100 million / Other Net Sales ¥2 million / Operating profit ¥-31 million / Year on year against the same period last year Net Sales -¥1.1 billion / Operating profit -¥400 million |
| Breakdown of Factors Affecting the Change | Factors Foreign Exchange / Amount +¥0.3 billion, Factors Sales volume/mix / Amount -¥300 million, Factors Selling Prices / Amount -¥6.4 billion, Factors Raw material and fuel costs / Amount +¥2.8 billion, Factors Other / Amount –¥6.3 billion |
| Key KPIs | Indicator name EBITDA / Value ¥175 million / Year on year against the same period last year △79億円, Indicator name Free cash flow / Value ¥-317 million / Year on year against the same period last year △1億円（前年同期と同水準）, Indicator name Equity ratio / Value 13.9 % / Year on year against the same period last year 前期末比+1.6pt, Indicator name Interest-Bearing Debt / Value ¥5,418 million / Year on year against the same period last year 前期末比+354億円 |
| Assumptions Underlying the Business Outlook | Assumptions Major currencies / Details 2024年3月期より円高の見込みは不変, Assumptions エネルギー価格・原材料価格 / Details 安定的に推移する見込み, Assumptions 人件費等その他コスト / Details インフレにより増加が継続する見込み, Assumptions 為替レート（期初見通し） / Details 英ポンド171円、ユーロ150円、米ドル140円、ブラジル・レアル28.9円 |
| Medium-term management plan targets | Fiscal year ending March 2027 Operating profit ¥64.0 billion / Operating profit margin 7% / Free cash flow ¥27.0 billion / Interest-Bearing Debt 4,420億円 / Equity ratio 15% / Fiscal year ending March 2030 Operating profit margin 10% or higher / Comparison with actual results Operating profit ¥4.8 billion / Operating profit margin 2.2% / Free cash flow △317億円 / Interest-Bearing Debt 5,418億円 / Equity ratio 13.9% |
| Financial targets | Equity ratio Target 15% / Actual results 13.9% / Interest-Bearing Debt Target 4,420億円 / Actual results 5,418億円 |
| Capital expenditures | 80 億円（2025年3月期第1四半期の資本的支出） |
| New initiatives | グループ全体でのさらなるコスト削減, Expansion of high-value-added products, 販売価格の改善交渉の継続, 米国の既存フロートラインの転換, マレーシアの新設備の通年稼働による収益貢献 |
Items this document does not state (14)
Ordinary incomeGross Profit MarginSelling, general and administrative expensesProgress against full-year forecastUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookAnnual DividendPayout ratioAcquisition of treasury sharesOrders 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.欧州の経済減速により建築用ガラス事業の販売数量・販売価格・稼働率が低下したこと、人件費などその他コストが増加したこと。通期予想の下方修正については、欧州経済減速の影響を大きく受けた第1四半期実績を踏まえたものとしている。
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.