Worth reading
52Recurring
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
23
¥100 million (year-on-year increase in operating profit)Wording
Conditional
How definitive the wording is.Contents of this document
Earnings presentationSecond quarter (interim period) of the fiscal year ending December 202612 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥46,921 million+23.5%
Operating profit¥4,452 million+107.0%
Ordinary income¥5,532 million+259.7%
Net income¥3,981 million+265.7%
Operating profit margin9.5%
Selling, general and administrative expenses¥13,163 million
Results for the three months of the current quarterRevenue of ¥25,296 million for the three months of Q2 FY2026 is shown in the quarterly trend chart. Other key profit and loss figures for the three-month period are Not disclosed.
Full-year earnings forecast
Net Sales
¥97,000 million
Operating profit
¥9,200 million
Ordinary income
¥9,900 million
Net income for the current fiscal year
¥7,400 million
Operating profit margin
9.5%
Average USD/JPY during the period
¥156
USD/JPY at period-end
¥156
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
The factors contributing to the change in operating profit are shown graphically as the sales effect, profitability, personnel expenses (SG&A expenses), and other SG&A expenses, but the amount attributable to each factor is Not disclosed.
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Average USD/JPY during the period
¥156
USD/JPY at period-end
¥156
New initiatives
- Accelerating development of ultra-high-precision electrical discharge machines for machining optical connectors for AI and data centers
- Expanding automation solutions integrating machining, material handling and measurement
- Strengthening remote support and customer assistance through the establishment of a support center
- Establishing a new showroom at the Kaga Plant for the food machinery business
- Developing high-value-added components using metal 3D printers
Key KPIsA metric the company considers important as a management benchmark.
- Electrical discharge machine orders (total)Shown by quarter. 961 units in Q2 FY2026
- PBR0.7–1.0x per month in FY2026
- ROEFY2026 forecast: 8.0%
- EPS¥148
Unit price and quantity metricsThese figures show sales broken down by price and volume.
The number of electrical discharge machines ordered and sales categories for products, maintenance services and consumables are shown, but a metric combining unit price and volume is Not disclosed.Segment results
Machine-tool Business
Net Sales
¥36,591 million+30.3%
Segment profit
¥5,495 million+78.7%
Industrial-Machinery Business
Net Sales
¥5,217 million+10.3%
Segment profit
¥321 million+126.8%
Food-Machinery Business
Net Sales
¥2,681 million-1.3%
Segment profit
¥293 million-17.3%
Other Businesses
Net Sales
¥2,430 million-1.0%
Segment profit
¥13 million-78.1%
Medium-term management plan targets
Target fiscal yearFY2029
Net Sales
¥1,000 hundred million
Operating profit
¥100 hundred million
Operating profit margin
10 %
ROE
8 %
PBR
1 times
EPS
¥130
Financial targets
ROE
Target8.0%
Actual resultsFY2025 5.2%
PBR
Target1.0x
Actual resultsFY2025: 0.5x
Equity ratio
Actual resultsFY2026Q2 59.5%
Market Size / Share
Domestic and overseas order values for the Japan Machine Tool Builders’ Association are shown in a graph, but market share is Not disclosed.Orders received and order backlog
The number of orders is shown, but the value of orders received and the order backlog is Not disclosed.Capital expenditures
¥1,774 million
Gross profit
¥17,615 million+32.0%
Rate37.5%
Year-on-year change (points)+2.4pt
| Item | Details |
|---|---|
| Document type | Earnings presentation |
| Fiscal Period Covered | Second quarter (interim period) of the fiscal year ending December 2026 |
| Net Sales | ¥46,921 million (YoY +23.5%) |
| Operating profit | ¥4,452 million (YoY +107.0%) |
| Ordinary income | ¥5,532 million (YoY +259.7%) |
| Net income | ¥3,981 million (YoY +265.7%) |
| Gross profit | ¥17,615 million (YoY +32.0%) |
| Operating profit margin | 9.5% |
| Selling, general and administrative expenses | ¥13,163 million |
| Results for the three months of the current quarter | Revenue of ¥25,296 million for the three months of Q2 FY2026 is shown in the quarterly trend chart. Other key profit and loss figures for the three-month period are Not disclosed. |
| Full-year earnings forecast | Net Sales ¥97,000 million / Operating profit ¥9,200 million / Ordinary income ¥9,900 million / Net income for the current fiscal year ¥7,400 million / Operating profit margin 9.5% / Average USD/JPY during the period ¥156 / USD/JPY at period-end ¥156 |
| Segment results | Machine-tool Business Net Sales ¥36,591 million (YoY +30.3%) / Segment profit ¥5,495 million (YoY +78.7%) / Industrial-Machinery Business Net Sales ¥5,217 million (YoY +10.3%) / Segment profit ¥321 million (YoY +126.8%) / Food-Machinery Business Net Sales ¥2,681 million (YoY -1.3%) / Segment profit ¥293 million (YoY -17.3%) / Other Businesses Net Sales ¥2,430 million (YoY -1.0%) / Segment profit ¥13 million (YoY -78.1%) |
| Breakdown of Factors Affecting the Change | The factors contributing to the change in operating profit are shown graphically as the sales effect, profitability, personnel expenses (SG&A expenses), and other SG&A expenses, but the amount attributable to each factor is Not disclosed. |
| Key KPIs | Indicator name Electrical discharge machine orders (total) / Value Shown by quarter. 961 units in Q2 FY2026 / Year on year against the same period last year Not disclosed, Indicator name PBR / Value 0.7–1.0x per month in FY2026 / Year on year against the same period last year Not disclosed, Indicator name ROE / Value FY2026 forecast: 8.0% / Year on year against the same period last year Not disclosed, Indicator name EPS / Value ¥148 / Year on year against the same period last year Not disclosed |
| Unit price and quantity metrics | The number of electrical discharge machines ordered and sales categories for products, maintenance services and consumables are shown, but a metric combining unit price and volume is Not disclosed. |
| Assumptions Underlying the Business Outlook | Average USD/JPY during the period ¥156 / USD/JPY at period-end ¥156 |
| Medium-term management plan targets | Target fiscal year FY2029 / Net Sales ¥1,000 hundred million / Operating profit ¥100 hundred million / Operating profit margin 10 % / ROE 8 % / PBR 1 times / EPS ¥130 |
| Financial targets | ROE Target 8.0% / Actual results FY2025 5.2% / PBR Target 1.0x / Actual results FY2025: 0.5x / Equity ratio Target Not disclosed / Actual results FY2026Q2 59.5% |
| Capital expenditures | ¥1,774 million |
| Orders received and order backlog | The number of orders is shown, but the value of orders received and the order backlog is Not disclosed. |
| Market Size / Share | Domestic and overseas order values for the Japan Machine Tool Builders’ Association are shown in a graph, but market share is Not disclosed. |
| New initiatives | Accelerating development of ultra-high-precision electrical discharge machines for machining optical connectors for AI and data centers, Expanding automation solutions integrating machining, material handling and measurement, Strengthening remote support and customer assistance through the establishment of a support center, Establishing a new showroom at the Kaga Plant for the food machinery business, Developing high-value-added components using metal 3D printers |
Items this document does not state (9)
Progress against full-year forecastSelf-assessment against the planNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookAnnual DividendPayout ratioAcquisition of treasury sharesKey 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 main factors behind the increases in revenue and profit were higher sales of electrical discharge machines, particularly in Greater China, improved factory utilization and operating rates resulting from higher unit sales, and improved production efficiency. In addition to the increase in operating profit, ordinary profit and net income benefited from foreign exchange gains and a review of the exchange-rate assumptions reflecting the weaker yen. The food machinery business reported lower revenue and profit due to a decline in sales of aseptic packaged rice manufacturing equipment, while the Other business reported lower revenue and profit because the LED business was pushed back.
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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.