Worth reading
45Recurring
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
-60
¥ millions (year-on-year change in operating income)Wording
—
How definitive the wording is.Contents of this document
Earnings presentation materialsSecond quarter of the fiscal year ending March 20276 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales3,947 Millions of yen+29.7%
Operating profit19 Millions of yen-76.2%
Ordinary income-61 Millions of yen
Net income-73 Millions of yen
Operating profit margin0.5 %
Full-year earnings forecast
Net Sales
7,600 Millions of yen
Operating profit
500 Millions of yen
Ordinary income
420 Millions of yen
Profit attributable to owners of the parent
290 Millions of yen
Operating profit margin
6.6 %
Ordinary income margin
5.5 %
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 Sales51.9 %
Operating profit3.8 %
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Net Sales
Malaysia business revenue increase757
China business revenue increase243
折居技研 newly consolidated209
Consolidated adjustments30
Thailand business revenue decline-229
Domestic business (STG standalone) revenue decline-107
Operating profit
Increase from the effects of the E-Cast acquisition39
Increase in personnel expenses-45
Decline in revenue from existing businesses-29
Decrease associated with the acquisition of 折居技研-19
Increase in other cost of sales and selling, general and administrative expenses-6
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Exchange rate
USD¥160
HKD¥20.4
RMB¥23.2
THB¥4.9
MYR¥40
Profit or loss from undecided matters, including M&ANot included in projections
Foreign exchange gains and lossesNot included in projections
New initiatives
- Approximately ¥280 million in capital expenditure for components for network cameras
- Launch of a large-scale project starting in October 2026 and expansion of production through July 2027
- Sales activities for products to replace automotive-related components and joint development of new materials
- A return to high-value-added camera components and in-house production of processes in the Thailand business
- Use E-Cast as a subcontractor for STX's large-scale project from April 2027
Segment results
Japan (STG standalone)
Net Sales
333 Millions of yen-44.0%
Operating profit
1 Millions of yen-98.2%
China
Net Sales
1,251 Millions of yen+45.4%
Operating profit
129 Millions of yen+40.1%
Thailand
Net Sales
730 Millions of yen-12.9%
Operating profit
31 Millions of yen-41.5%
Malaysia (STX PRECISION)
Net Sales
1,147 Millions of yen+3.1%
Operating profit
108 Millions of yen-48.4%
Malaysia (E-CAST)
Net Sales
722 Millions of yen
Operating profit
86 Millions of yen
折居技研
Net Sales
209 Millions of yen
Operating profit
14 Millions of yen
Capital expenditures
¥2.8 100 million MYR 6.9 million
Annual Dividend
Annual dividend per share20 Yen
| Item | Details |
|---|---|
| Document type | Earnings presentation materials |
| Fiscal Period Covered | Second quarter of the fiscal year ending March 2027 |
| Net Sales | 3,947 Millions of yen (YoY +29.7%) |
| Operating profit | 19 Millions of yen (YoY -76.2%) |
| Ordinary income | -61 Millions of yen |
| Net income | -73 Millions of yen |
| Operating profit margin | 0.5 % |
| Full-year earnings forecast | Net Sales 7,600 Millions of yen / Operating profit 500 Millions of yen / Ordinary income 420 Millions of yen / Profit attributable to owners of the parent 290 Millions of yen / Operating profit margin 6.6 % / Ordinary income margin 5.5 % |
| Progress against full-year forecast | Net Sales 51.9 % / Operating profit 3.8 % |
| Segment results | Japan (STG standalone) Net Sales 333 Millions of yen (YoY -44.0%) / Operating profit 1 Millions of yen (YoY -98.2%) / China Net Sales 1,251 Millions of yen (YoY +45.4%) / Operating profit 129 Millions of yen (YoY +40.1%) / Thailand Net Sales 730 Millions of yen (YoY -12.9%) / Operating profit 31 Millions of yen (YoY -41.5%) / Malaysia (STX PRECISION) Net Sales 1,147 Millions of yen (YoY +3.1%) / Operating profit 108 Millions of yen (YoY -48.4%) / Malaysia (E-CAST) Net Sales 722 Millions of yen / Operating profit 86 Millions of yen / 折居技研 Net Sales 209 Millions of yen / Operating profit 14 Millions of yen |
| Breakdown of Factors Affecting the Change | Net Sales Malaysia business revenue increase 757 / China business revenue increase 243 / 折居技研 newly consolidated 209 / Consolidated adjustments 30 / Thailand business revenue decline -229 / Domestic business (STG standalone) revenue decline -107 / Operating profit Increase from the effects of the E-Cast acquisition 39 / Increase in personnel expenses -45 / Decline in revenue from existing businesses -29 / Decrease associated with the acquisition of 折居技研 -19 / Increase in other cost of sales and selling, general and administrative expenses -6 |
| Assumptions Underlying the Business Outlook | Exchange rate USD ¥160 / HKD ¥20.4 / RMB ¥23.2 / THB ¥4.9 / MYR ¥40 / Profit or loss from undecided matters, including M&A Not included in projections / Foreign exchange gains and losses Not included in projections |
| Annual Dividend | Annual dividend per share 20 Yen |
| Capital expenditures | ¥2.8 100 million (MYR 6.9 million) |
| New initiatives | Approximately ¥280 million in capital expenditure for components for network cameras, Launch of a large-scale project starting in October 2026 and expansion of production through July 2027, Sales activities for products to replace automotive-related components and joint development of new materials, A return to high-value-added camera components and in-house production of processes in the Thailand business, Use E-Cast as a subcontractor for STX's large-scale project from April 2027 |
Items this document does not state (16)
Gross Profit MarginSelling, general and administrative expensesResults for the three months of the current quarterSelf-assessment against the planKey KPIsUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsPayout 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.Revenue increased due to the contribution from consolidating E-Cast and 折居技研, while profits remained sluggish due to weak sales of automotive and other related components, higher labor costs mainly in Malaysia, depreciation associated with the consolidation of 折居技研, and M&A-related expenses.
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.