Worth reading
90Important
Scored from 4 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
500
¥ millionWording
Avoiding a definitive answer
How definitive the wording is.Contents of this document
Financial results presentationFiscal year ending March 2026, full year9 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥6,815 million+6.1%
Operating profit¥337 million-30.5%
Ordinary income¥380 million-25.8%
Net income¥280 million-27.9%
Operating profit margin4.9%, down 2.6 percentage points year on year
Results for the three months of the current quarterOperating profit: Q1 ¥113 million, Q2 ¥34 million loss, Q3 ¥124 million, Q4 ¥133 million
Full-year earnings forecast
Net Sales
¥7,600 million
Operating profit
¥500 million
Ordinary income
¥420 million
Profit attributable to owners of the parent
¥290 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 Sales100.2 %
Operating profit105.4 %
Ordinary income111.9 %
Profit attributable to owners of the parent112.3 %
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Exceeded the revised earnings forecastBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Net Sales
Increase in consolidated subsidiaries through M&A690
Increase in revenue from the Malaysia business251
Decline in revenue from the domestic business-54
Decrease in China business revenue-72
Decline in revenue from the Thailand business-544
Consolidated adjustments118
Operating profit
Increase in consolidated subsidiaries through M&A245
Decrease in cost of sales88
Decline in revenue from existing businesses-300
Increase in fees and compensation-127
Of which, M&A-related expenses-122
Amortization of goodwill-34
Other-20
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
USD/yen160
HKD/JPY20.4
RMB/JPY23.2
THB/JPY4.9
MYR/JPY40
New initiatives
- Strengthening the two-site operating structure in Malaysia through collaboration between E-Cast and STX
- Increasing the number of M&A transactions and focusing on domestic M&A
- Making business turnaround opportunities acquisition targets in addition to highly profitable companies
- Returning to the high-value-added camera components business and expanding orders
- Bringing previously outsourced mold production in-house
Segment results
STG (Japan)
Net Sales
¥1,549 million-3.4%
Operating profit
¥82 million+52.0%
China factory
Net Sales
¥1,184 million-5.7%
Operating profit
¥208 million-9.9%
Thailand Plant
Net Sales
¥1,724 million-24.0%
Operating profit
¥104 million-49.2%
Johor Bahru, Malaysia factory (STX)
Net Sales
¥2,294 million+5.4%
Operating profit
¥402 million+9.8%
Penang, Malaysia factory (E-Cast)
Net Sales
¥690 million
Operating profit
¥88 million
Medium-term management plan targets
Target fiscal yearFiscal year ending March 2028
Consolidated revenue
¥12,000 million
Consolidated operating profit
¥1,200 million
Financial targets
Actual equity ratio: 36.8%. Financial targets: not disclosedNumber of stores and locations
Malaysia now operates two sites. Following the acquisition of E-Cast, a second site was added in September 2025. Other year-end site counts and store openings/closures: not disclosedAnnual Dividend
¥20 per share
BreakdownInterim and year-end breakdown: Not disclosed
| Item | Details |
|---|---|
| Document type | Financial results presentation |
| Fiscal Period Covered | Fiscal year ending March 2026, full year |
| Net Sales | ¥6,815 million (YoY +6.1%) |
| Operating profit | ¥337 million (YoY -30.5%) |
| Ordinary income | ¥380 million (YoY -25.8%) |
| Net income | ¥280 million (YoY -27.9%) |
| Operating profit margin | 4.9%, down 2.6 percentage points year on year |
| Results for the three months of the current quarter | Operating profit: Q1 ¥113 million, Q2 ¥34 million loss, Q3 ¥124 million, Q4 ¥133 million |
| Full-year earnings forecast | Net Sales ¥7,600 million / Operating profit ¥500 million / Ordinary income ¥420 million / Profit attributable to owners of the parent ¥290 million |
| Progress against full-year forecast | Net Sales 100.2 % / Operating profit 105.4 % / Ordinary income 111.9 % / Profit attributable to owners of the parent 112.3 % |
| Self-assessment against the plan | Exceeded the revised earnings forecast |
| Segment results | STG (Japan) Net Sales ¥1,549 million (YoY -3.4%) / Operating profit ¥82 million (YoY +52.0%) / China factory Net Sales ¥1,184 million (YoY -5.7%) / Operating profit ¥208 million (YoY -9.9%) / Thailand Plant Net Sales ¥1,724 million (YoY -24.0%) / Operating profit ¥104 million (YoY -49.2%) / Johor Bahru, Malaysia factory (STX) Net Sales ¥2,294 million (YoY +5.4%) / Operating profit ¥402 million (YoY +9.8%) / Penang, Malaysia factory (E-Cast) Net Sales ¥690 million / Operating profit ¥88 million |
| Breakdown of Factors Affecting the Change | Net Sales Increase in consolidated subsidiaries through M&A 690 / Increase in revenue from the Malaysia business 251 / Decline in revenue from the domestic business -54 / Decrease in China business revenue -72 / Decline in revenue from the Thailand business -544 / Consolidated adjustments 118 / Operating profit Increase in consolidated subsidiaries through M&A 245 / Decrease in cost of sales 88 / Decline in revenue from existing businesses -300 / Increase in fees and compensation -127 / Of which, M&A-related expenses -122 / Amortization of goodwill -34 / Other -20 |
| Number of stores and locations | Malaysia now operates two sites. Following the acquisition of E-Cast, a second site was added in September 2025. Other year-end site counts and store openings/closures: not disclosed |
| Assumptions Underlying the Business Outlook | USD/yen 160 / HKD/JPY 20.4 / RMB/JPY 23.2 / THB/JPY 4.9 / MYR/JPY 40 |
| Medium-term management plan targets | Target fiscal year Fiscal year ending March 2028 / Consolidated revenue ¥12,000 million / Consolidated operating profit ¥1,200 million |
| Financial targets | Actual equity ratio: 36.8%. Financial targets: not disclosed |
| Annual Dividend | ¥20 per share |
| New initiatives | Strengthening the two-site operating structure in Malaysia through collaboration between E-Cast and STX, Increasing the number of M&A transactions and focusing on domestic M&A, Making business turnaround opportunities acquisition targets in addition to highly profitable companies, Returning to the high-value-added camera components business and expanding orders, Bringing previously outsourced mold production in-house |
Items this document does not state (12)
Gross Profit MarginSelling, general and administrative expensesKey KPIsUnit price and quantity metricsNumber of employeesRisk amount incorporated into the outlookPayout ratioAcquisition of treasury sharesCapital expendituresOrders 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.Profit declined in the fiscal year ended March 2026 due to M&A-related expenses and a temporary downturn in the Thailand business. For the fiscal year ending March 2027, the Company expects a full-year contribution from E-Cast, expansion of the Malaysia business through collaboration with STX, higher orders for precision equipment-related products in China and network camera-related products in Malaysia, and cost reductions.
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.