Worth reading
67In focus
Scored from 5 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
2149
¥ million (year-on-year change in operating profit)Wording
Conditional
How definitive the wording is.Contents of this document
Earnings presentationFiscal year ending March 2026, full year8 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales38,423 JPY million+24.7%
Operating profit4,416 JPY million+94.7%
Ordinary income4,639 JPY million+81.4%
Net income1,642 JPY million-18.9%
Operating profit margin11.5 %
Results for the three months of the current quarterQuarterly revenue for FY ending March 2026: 1Q ¥8,147 million, 2Q ¥9,944 million, 3Q ¥10,452 million, and 4Q ¥9,879 million. Wire and processed products: 1Q ¥6,710 million, 2Q ¥8,661 million, 3Q ¥9,379 million, and 4Q ¥8,770 million. Electronic and medical components: 1Q ¥1,430 million, 2Q ¥1,278 million, 3Q ¥1,067 million, and 4Q ¥1,101 million.
Full-year earnings forecast
Net Sales
43,000 JPY million
Operating profit
4,500 JPY million
Ordinary income
4,700 JPY million
Net income attributable to owners of the parent
3,400 JPY million
EPS
218 JPY
BPS
2,882 JPY
ROE
7.6 %
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Revenue up3,321 JPY million
- Higher copper prices853 JPY million
- Increase in depreciation and amortization130 JPY million
- Increase in R&D expenses81 JPY million
- Foreign exchange-related losses8 JPY million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
- Exchange rate155 Yen/Dollar
- Copper basis13,000 US$/t
New initiatives
- Expansion of production of new mass-production products
- Launch and expansion of new products
- Consolidation of 吉野川電線 from the fiscal year ended March 2026
Key KPIsA metric the company considers important as a management benchmark.
- EPS105 JPY
- BPS2,728 JPY
- ROE4 %Year on year against the same period last yearDown from 5.3% in the previous period
- Consolidated payout ratio44.4 %Year on year against the same period last yearUp from 34.4% in the previous period
Segment results
- Electric Wires and Processed ProductsNet Sales33,520 JPY millionYear-on-Year Change in Revenue (%)27.9Segment profit4,441 JPY millionYear-on-year change in segment profit (%)101
- Electronic and medical componentsNet Sales4,876 JPY millionYear-on-Year Change in Revenue (%)7Segment profit906 JPY millionYear-on-year change in segment profit (%)0.6
- OtherNet Sales27 JPY million
Capital expenditures
¥2,700 millions plan for the fiscal year ending March 2027
Annual Dividend
Annual dividend per share
48 JPY
Breakdown
Interim
23 JPY
End of period
25 JPY
Payout ratio
24.2 %
| Item | Details |
|---|---|
| Document type | Earnings presentation |
| Fiscal Period Covered | Fiscal year ending March 2026, full year |
| Net Sales | 38,423 JPY million (YoY +24.7%) |
| Operating profit | 4,416 JPY million (YoY +94.7%) |
| Ordinary income | 4,639 JPY million (YoY +81.4%) |
| Net income | 1,642 JPY million (YoY -18.9%) |
| Operating profit margin | 11.5 % |
| Results for the three months of the current quarter | Quarterly revenue for FY ending March 2026: 1Q ¥8,147 million, 2Q ¥9,944 million, 3Q ¥10,452 million, and 4Q ¥9,879 million. Wire and processed products: 1Q ¥6,710 million, 2Q ¥8,661 million, 3Q ¥9,379 million, and 4Q ¥8,770 million. Electronic and medical components: 1Q ¥1,430 million, 2Q ¥1,278 million, 3Q ¥1,067 million, and 4Q ¥1,101 million. |
| Full-year earnings forecast | Net Sales 43,000 JPY million / Operating profit 4,500 JPY million / Ordinary income 4,700 JPY million / Net income attributable to owners of the parent 3,400 JPY million / EPS 218 JPY / BPS 2,882 JPY / ROE 7.6 % |
| Segment results | Segment Electric Wires and Processed Products / Net Sales 33,520 JPY million / Year-on-Year Change in Revenue (%) 27.9 / Segment profit 4,441 JPY million / Year-on-year change in segment profit (%) 101, Segment Electronic and medical components / Net Sales 4,876 JPY million / Year-on-Year Change in Revenue (%) 7 / Segment profit 906 JPY million / Year-on-year change in segment profit (%) 0.6, Segment Other / Net Sales 27 JPY million / Profit Not disclosed |
| Breakdown of Factors Affecting the Change | Factors Revenue up / Amount 3,321 JPY million, Factors Higher copper prices / Amount 853 JPY million, Factors Increase in depreciation and amortization / Amount 130 JPY million, Factors Increase in R&D expenses / Amount 81 JPY million, Factors Foreign exchange-related losses / Amount 8 JPY million |
| Key KPIs | Indicator name EPS / Value 105 JPY / Year on year against the same period last year Not disclosed, Indicator name BPS / Value 2,728 JPY / Year on year against the same period last year Not disclosed, Indicator name ROE / Value 4 % / Year on year against the same period last year Down from 5.3% in the previous period, Indicator name Consolidated payout ratio / Value 44.4 % / Year on year against the same period last year Up from 34.4% in the previous period |
| Assumptions Underlying the Business Outlook | Item Exchange rate / Value 155 Yen/Dollar, Item Copper basis / Value 13,000 US$/t |
| Annual Dividend | Annual dividend per share 48 JPY / Breakdown Interim 23 JPY / End of period 25 JPY |
| Payout ratio | 24.2 % |
| Capital expenditures | ¥2,700 millions (plan for the fiscal year ending March 2027) |
| New initiatives | Expansion of production of new mass-production products, Launch and expansion of new products, Consolidation of 吉野川電線 from the fiscal year ended March 2026 |
Items this document does not state (14)
Gross Profit MarginSelling, general and administrative expensesProgress against full-year forecastSelf-assessment against the planUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsAcquisition 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.For the fiscal year ended March 2026, higher sales of automotive, energy industry-related, medical, and semiconductor inspection equipment cables, a substantial increase in electronic equipment sales, strong demand in the North American market, new mass-production products and new products, and large OEM projects in the first half were factors contributing to the increase in revenue. Higher revenue was the main factor behind the increase in operating income, while higher copper prices, increased depreciation, higher research and development expenses, and foreign exchange-related losses were factors reducing profit. Medical component sales declined due to the impact of inventory adjustments by customers.
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.