Komori
Earnings presentation6101TSUGAMI CORPORATIONMachinery

Financial Results Briefing Materials for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027

Interim-period revenue and profit significantly exceeded the same period of the previous year, reaching record highs. In light of order trends and other factors, the full-year forecasts were revised upward to revenue of ¥160 billion, operating profit of ¥48 billion, and profit attributable to owners of the parent of ¥22.5 billion.

Worth reading
50Recurring
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
150
¥100 million (increase from the initial full-year revenue forecast)
Wording
Avoiding a definitive answer
How definitive the wording is.

Contents of this document

Earnings presentationSecond quarter (interim period) of the fiscal year ending March 20278 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥812 100 million+35.2%
Operating profit¥252 100 million+65.8%
Net income¥123 100 million+72.2%
Operating profit margin
rate_pct31.1
Full-year earnings forecast
Revenue
¥1,600 100 million
Operating profit
¥480 100 million
Profit for the year attributable to owners of the parent
¥225 100 million
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Interim-period results exceeded the initial forecasts, leading to an upward revision of the full-year forecasts
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
RMB/JPY
31 March 202623.13
End of September 202623.45
INR/JPY
31 March 20261.71
End of September 20261.65
New initiatives
  • Construction of a new factory building on land adjacent to the plant in Zhejiang, China (total investment of approximately ¥3.8 billion; operations scheduled to begin in January 2028)
  • Upgrade of production equipment at the plant in Zhejiang, China (total investment of approximately ¥3.9 billion)
  • Investment to expand production capacity at the plant in India (investment amount to be determined)
  • Rebuilding Building 8 at the Nagaoka Plant in Japan as a new factory building (total investment of approximately ¥2.3 billion; operations scheduled to begin in June 2028)
  • Cancellation of 1.5 million treasury shares in October 2026
Key KPIsA metric the company considers important as a management benchmark.
  • Basic earnings per share (interim)268.23 Yen
  • Dividend payout ratio24.8 %
  • Total Payout Ratio39.6 %
  • ROE23 %
  • BPS1,719 Yen
  • Orders received
  • Order backlog
Capital expenditures
¥13.4 100 million capital expenditures during the first half
Annual Dividend
122 Yen per share
Interim Dividend
61 Yen per share
Payout ratio
24.8 %
Total payout ratio
39.6 %
Acquisition of treasury shares
Buyback limit
¥15 100 million
First-half actual
¥17.9 100 million
Contents of this document
ItemDetails
Document typeEarnings presentation
Fiscal Period CoveredSecond quarter (interim period) of the fiscal year ending March 2027
Net Sales¥812 100 million (YoY +35.2%)
Operating profit¥252 100 million (YoY +65.8%)
Net income¥123 100 million (YoY +72.2%)
Operating profit marginrate_pct 31.1 / Year-on-year change (points) Not disclosed
Full-year earnings forecastRevenue ¥1,600 100 million / Operating profit ¥480 100 million / Profit for the year attributable to owners of the parent ¥225 100 million
Self-assessment against the planInterim-period results exceeded the initial forecasts, leading to an upward revision of the full-year forecasts
Key KPIsIndicator name Basic earnings per share (interim) / Value 268.23 Yen / Year on year against the same period last year Not disclosed, Indicator name Dividend payout ratio / Value 24.8 % / Year on year against the same period last year Not disclosed, Indicator name Total Payout Ratio / Value 39.6 % / Year on year against the same period last year Not disclosed, Indicator name ROE / Value 23 % / Year on year against the same period last year Not disclosed, Indicator name BPS / Value 1,719 Yen / Year on year against the same period last year Not disclosed, Indicator name Orders received / Value Not disclosed / Year on year against the same period last year Not disclosed, Indicator name Order backlog / Value Not disclosed / Year on year against the same period last year Not disclosed
Assumptions Underlying the Business OutlookRMB/JPY 31 March 2026 23.13 / End of September 2026 23.45 / INR/JPY 31 March 2026 1.71 / End of September 2026 1.65
Annual Dividend122 Yen per share
Payout ratio24.8 %
Acquisition of treasury sharesBuyback limit ¥15 100 million / Period Not disclosed / First-half actual ¥17.9 100 million
Capital expenditures¥13.4 100 million (capital expenditures during the first half)
New initiativesConstruction of a new factory building on land adjacent to the plant in Zhejiang, China (total investment of approximately ¥3.8 billion; operations scheduled to begin in January 2028), Upgrade of production equipment at the plant in Zhejiang, China (total investment of approximately ¥3.9 billion), Investment to expand production capacity at the plant in India (investment amount to be determined), Rebuilding Building 8 at the Nagaoka Plant in Japan as a new factory building (total investment of approximately ¥2.3 billion; operations scheduled to begin in June 2028), Cancellation of 1.5 million treasury shares in October 2026
Items this document does not state (16)
Ordinary incomeGross Profit MarginSelling, general and administrative expensesResults for the three months of the current quarterProgress against full-year forecastSegment resultsBreakdown of Factors Affecting the ChangeUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsOrders 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.

The company stated that it revised its full-year forecasts upward based on interim-period results and recent order trends. It attributed the interim-period results to steady progress in business operations at each location, particularly in the Chinese and Indian markets.

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.
Financial Results Briefing Materials for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 | TSUGAMI CORPORATION (6101) timely disclosure | Komori