Worth reading
42Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Improvement
Direction inferred from the company’s description.Scale
871
¥ million (year-on-year increase in revenue)Wording
Conditional
How definitive the wording is.Contents of this document
Presentation materials on financial resultsSecond quarter (interim period) of the fiscal year ending September 20265 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥5,283 million+19.8%
Operating profit¥717 million+191.7%
Ordinary income¥666 million+290.8%
Net income¥494 million+279.8%
Full-year earnings forecast
Net Sales
¥10,750 million
Operating profit
¥1,240 million
Ordinary income
¥1,040 million
Net income
¥785 million
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 Sales49.1%
Operating profit57.9%
Ordinary income64.1%
Net income62.9%
What the company explained in this material
New initiatives
- Construction of a mass-production plant for the lithium-ion battery recycling business
- A lithium-ion battery-to-lithium-ion battery business that recovers and recycles rare metals from lithium-ion battery process scrap and supplies them as lithium-ion battery materials
Segment results
Precious Metals Business
Net Sales
¥4,403 million+18.6%
Segment profit
¥565 million+420.1%
Environmental Business
Net Sales
¥741 million+28.7%
Segment profit
¥64 million+177.5%
Systems Business
Net Sales
¥125 million+14.3%
Segment profit
¥20 million+13.3%
Financial targets
Equity ratio: 31.65%; D/E ratio: 1.39 (both actual results as of 31 March 2026)Market Size / Share
2030 outlook for lithium-ion battery process scrap: the Company's processing capacity equivalent to approximately 15,000 vehicles, versus market supply of approximately 100,000–500,000 vehicles (Company estimate)Capital expenditures
¥1,517 million cash paid for the acquisition of property, plant and equipment, second quarter of the fiscal year ending September 2026
| Item | Details |
|---|---|
| Document type | Presentation materials on financial results |
| Fiscal Period Covered | Second quarter (interim period) of the fiscal year ending September 2026 |
| Net Sales | ¥5,283 million (YoY +19.8%) |
| Operating profit | ¥717 million (YoY +191.7%) |
| Ordinary income | ¥666 million (YoY +290.8%) |
| Net income | ¥494 million (YoY +279.8%) |
| Full-year earnings forecast | Net Sales ¥10,750 million / Operating profit ¥1,240 million / Ordinary income ¥1,040 million / Net income ¥785 million |
| Progress against full-year forecast | Net Sales 49.1% / Operating profit 57.9% / Ordinary income 64.1% / Net income 62.9% |
| Segment results | Precious Metals Business Net Sales ¥4,403 million (YoY +18.6%) / Segment profit ¥565 million (YoY +420.1%) / Environmental Business Net Sales ¥741 million (YoY +28.7%) / Segment profit ¥64 million (YoY +177.5%) / Systems Business Net Sales ¥125 million (YoY +14.3%) / Segment profit ¥20 million (YoY +13.3%) |
| Financial targets | Equity ratio: 31.65%; D/E ratio: 1.39 (both actual results as of 31 March 2026) |
| Capital expenditures | ¥1,517 million (cash paid for the acquisition of property, plant and equipment, second quarter of the fiscal year ending September 2026) |
| Market Size / Share | 2030 outlook for lithium-ion battery process scrap: the Company's processing capacity equivalent to approximately 15,000 vehicles, versus market supply of approximately 100,000–500,000 vehicles (Company estimate) |
| New initiatives | Construction of a mass-production plant for the lithium-ion battery recycling business, A lithium-ion battery-to-lithium-ion battery business that recovers and recycles rare metals from lithium-ion battery process scrap and supplies them as lithium-ion battery materials |
Items this document does not state (18)
Gross Profit MarginOperating profit marginSelling, general and administrative expensesResults for the three months of the current quarterSelf-assessment against the planBreakdown of Factors Affecting the ChangeKey KPIsUnit price and quantity metricsNumber of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan targetsAnnual DividendPayout ratioAcquisition of treasury sharesOrders received and order backlogKey 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 and profits increased as a result of higher gold prices and increased transaction volumes. Meanwhile, gold bullion sales declined as transactions involving the return of gold to customers increased, limiting the increase in revenue.
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.