Worth reading
50Recurring
Scored from 5 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
10.9
% (year-on-year change in operating income)Wording
Conditional
How definitive the wording is.Results for this period
Full year1 April 2025–31 March 2026ConsolidatedJapanese GAAPNet Sales737,441¥ millionYear on year +1.8%Progress 93.9%
Operating profit53,759¥ millionYear on year +10.9%Progress 89.6%
Ordinary income60,689¥ millionYear on year +20.5%Progress 103.7%
Net income attributable to owners of the parent40,257¥ millionYear on year +230.8%
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¥243.01
Operating Margin7.3％
Financial position at period-end
Total assets827,483¥ million
of which net assets 533,914 ¥ millionEquity ratio 63.8%vs. prior year-end -0.3pt
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.
Cash inflows and outflows
Operating+71,240
Investment-21,816
Financials-38,555
Net change+10,869
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Cash and cash equivalents at end of period¥131,188 million
Segment revenueJapan Housing Equipment Business ¥479,663 million (YoY -0.3%), Americas Business ¥75,623 million (YoY +7.3%), Asia and Oceania Business ¥54,914 million (YoY +9.3%), European Business ¥5,677 million (YoY +16.3%), Mainland China Business ¥53,863 million (YoY -19.5%), Ceramics Business ¥67,414 million (YoY +34.0%), Other ¥285 million
Segment profitJapan Housing Equipment Business ¥20,253 million (YoY -7.5%), Americas Business ¥4,790 million (YoY -7.0%), Asia and Oceania Business ¥10,239 million (YoY +24.3%), European Business ¥-428 million, Mainland China Business ¥-6,934 million, Ceramics Business ¥28,943 million (YoY +41.7%), Other ¥66 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥785,000 million (YoY +6.4%)
Operating profit¥60,000 million (YoY +11.6%)
Ordinary income¥58,500 million (YoY -3.6%)
Profit attributable to owners of the parent¥46,000 million (YoY +14.3%)
Annual Dividend Forecast¥110 → ¥120（+9.1%）
Payout ratio45.3％
Factors Behind Changes in Business Performance
Growth in global demand related to AI, firm replacement demand accompanying higher utilization rates at existing plants operated by semiconductor device manufacturers, and stronger sales and proposal activities for high-value-added products in each region.
Disclosure regarding the going concern assumption
Not applicable.
Change in accounting policy
基準改正に伴う変更 No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 consolidationNew 0 companies / Excluded 0 companies / Company name Not disclosed
Material subsequent eventsNot applicable.
Impairment lossAmount ¥1,583 million / Subject assets Not disclosed
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥84 million, Gain on sale of investment securities ¥14,729 million / Extraordinary loss Loss on sale of investment securities ¥54 million, Impairment loss on investment securities ¥26 million, Impairment Losses ¥1,583 million, Business reorganization expenses ¥15,176 million
Depreciation and amortization¥34,360 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable Yes / Subject person Not disclosed
Issued Shares at Period-End166,358,397 Shares
Treasury Shares at Period-End1,942,038 Shares
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2025–31 March 2026 |
| Net Sales | ¥737,441 million (YoY +1.8%) |
| Operating profit | ¥53,759 million (YoY +10.9%) |
| Ordinary income | ¥60,689 million (YoY +20.5%) |
| Profit attributable to owners of the parent | ¥40,257 million (YoY +230.8%) |
| Net income per share | ¥243.01 |
| Operating Margin | 7.3％ |
| Equity ratio | End of the current fiscal period 63.8％ / End of previous period 64.1％ |
| Total assets | ¥827,483 million |
| Net assets | ¥533,914 million |
| Cash flows from operating activities | ¥71,240 million |
| Cash flows from investing activities | ¥-21,816 million |
| Cash flows from financing activities | ¥-38,555 million |
| Cash and cash equivalents at end of period | ¥131,188 million |
| Full-year earnings forecast | Net Sales ¥785,000 million (YoY +6.4%) / Operating profit ¥60,000 million (YoY +11.6%) / Ordinary income ¥58,500 million (YoY -3.6%) / Profit attributable to owners of the parent ¥46,000 million (YoY +14.3%) |
| Annual Dividend Forecast | ¥110 → ¥120（+9.1%） |
| Payout ratio | 45.3％ |
| Segment revenue | Japan Housing Equipment Business ¥479,663 million (YoY -0.3%), Americas Business ¥75,623 million (YoY +7.3%), Asia and Oceania Business ¥54,914 million (YoY +9.3%), European Business ¥5,677 million (YoY +16.3%), Mainland China Business ¥53,863 million (YoY -19.5%), Ceramics Business ¥67,414 million (YoY +34.0%), Other ¥285 million |
| Segment profit | Japan Housing Equipment Business ¥20,253 million (YoY -7.5%), Americas Business ¥4,790 million (YoY -7.0%), Asia and Oceania Business ¥10,239 million (YoY +24.3%), European Business ¥-428 million, Mainland China Business ¥-6,934 million, Ceramics Business ¥28,943 million (YoY +41.7%), Other ¥66 million |
| Depreciation and amortization | ¥34,360 million |
| Impairment loss | Amount ¥1,583 million / Subject assets Not disclosed |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥84 million, Gain on sale of investment securities ¥14,729 million / Extraordinary loss Loss on sale of investment securities ¥54 million, Impairment loss on investment securities ¥26 million, Impairment Losses ¥1,583 million, Business reorganization expenses ¥15,176 million |
| Disclosure regarding the going concern assumption | Not applicable. |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | New 0 companies / Excluded 0 companies / Company name Not disclosed |
| Material subsequent events | Not applicable. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Whether applicable Yes / Subject person Not disclosed |
| Issued Shares at Period-End | 166,358,397 Shares |
| Treasury Shares at Period-End | 1,942,038 Shares |
| Factors Behind Changes in Business Performance | Growth in global demand related to AI, firm replacement demand accompanying higher utilization rates at existing plants operated by semiconductor device manufacturers, and stronger sales and proposal activities for high-value-added products in each region. |
Items this document does not state (4)
Revision to Earnings ForecastShareholder Return PolicyRegional salesOrders received and order backlog
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 of ceramic products increased as utilization rates improved at existing plants operated by semiconductor device manufacturers and replacement demand remained firm. The company also strengthened sales and proposal activities in each region for products such as Neorest and Washlet.
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.