Worth reading
53Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Deterioration
Direction inferred from the company’s description.Scale
-27.3
Year-on-year change (%)Wording
Conditional
How definitive the wording is.Results for this period
First quarter1 April 2026 to 30 June 2026ConsolidatedJapanese GAAPNet Sales7,649¥ millionYear on year -27.3%Progress 18.7%
Operating profit-847¥ million
Ordinary income-500¥ million
Net income attributable to owners of the parent-588¥ million
The width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.
Net income per share−¥17.35
Financial position at period-end
Total assets111,960¥ million
of which net assets 82,737 ¥ millionEquity ratio 73.9%vs. prior year-end -1.3pt
塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.
Segment revenueFlat knitting machines ¥5,317 million (YoY -34.0%), Design-system-related products ¥558 million (YoY -20.4%), Glove and sock knitting machines ¥21 million (YoY -89.3%), Other (outside reportable segments) ¥1,752 million (YoY +11.8%)
Segment profitFlat knitting machines ¥554 million, Design-system-related products ¥29 million, Glove and sock knitting machines ¥-11 million, Other (outside reportable segments) ¥319 million
Regional sales¥1,470 million, ¥2,446 million, ¥268 million, ¥2,875 million, ¥588 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥41,000 million (YoY +22.4%)
Operating profit¥300 million
Ordinary income¥1,000 million (YoY +246.3%)
Net income¥900 million (YoY +5.1%)
Revision to Earnings ForecastNo (unchanged)
Annual Dividend Forecast¥20 → ¥20（0.0%）
Factors Behind Changes in Business Performance
In Bangladesh and China, competition became increasingly intense while customers took a cautious stance toward capital investment, resulting in lower sales volumes. Sales volumes of molding machines were also limited. The impact of lower sales volumes in the Asian market was significant, leading to a decline in sales of the flat knitting machine business.
Disclosure regarding the going concern assumption
No applicable matters
Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Changes in the scope of consolidationNew 0 companies / Excluded 0 companies / Company name None / Additions to the scope of equity-method application ㈱イノベーションファクトリー
Depreciation and amortization¥273 million
Orders received and order backlogOrders received Flat knitting machines 5,532, Design-system-related products 827, Glove and sock knitting machines 54, Total 6,414 / Order backlog Flat knitting machines 4,169, Design-system-related products 638, Glove and sock knitting machines 49, Total 4,857
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo
Issued Shares at Period-End34,800,000
Treasury Shares at Period-End885,524
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 June 2026 |
| Net Sales | ¥7,649 million (YoY -27.3%) |
| Operating profit | ¥-847 million |
| Ordinary income | ¥-500 million |
| Profit attributable to owners of the parent | ¥-588 million |
| Net income per share | −¥17.35 |
| Equity ratio | End of the current fiscal period 73.9 / End of previous period 75.2 |
| Total assets | ¥111,960 million |
| Net assets | ¥82,737 million |
| Full-year earnings forecast | Net Sales ¥41,000 million (YoY +22.4%) / Operating profit ¥300 million / Ordinary income ¥1,000 million (YoY +246.3%) / Net income ¥900 million (YoY +5.1%) |
| Revision to Earnings Forecast | No (unchanged) |
| Annual Dividend Forecast | ¥20 → ¥20（0.0%） |
| Segment revenue | Flat knitting machines ¥5,317 million (YoY -34.0%), Design-system-related products ¥558 million (YoY -20.4%), Glove and sock knitting machines ¥21 million (YoY -89.3%), Other (outside reportable segments) ¥1,752 million (YoY +11.8%) |
| Segment profit | Flat knitting machines ¥554 million, Design-system-related products ¥29 million, Glove and sock knitting machines ¥-11 million, Other (outside reportable segments) ¥319 million |
| Regional sales | ¥1,470 million, ¥2,446 million, ¥268 million, ¥2,875 million, ¥588 million |
| Orders received and order backlog | Orders received Flat knitting machines 5,532, Design-system-related products 827, Glove and sock knitting machines 54, Total 6,414 / Order backlog Flat knitting machines 4,169, Design-system-related products 638, Glove and sock knitting machines 49, Total 4,857 |
| Depreciation and amortization | ¥273 million |
| Disclosure regarding the going concern assumption | No applicable matters |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | New 0 companies / Excluded 0 companies / Company name None / Additions to the scope of equity-method application ㈱イノベーションファクトリー |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | No |
| Issued Shares at Period-End | 34,800,000 |
| Treasury Shares at Period-End | 885,524 |
| Factors Behind Changes in Business Performance | In Bangladesh and China, competition became increasingly intense while customers took a cautious stance toward capital investment, resulting in lower sales volumes. Sales volumes of molding machines were also limited. The impact of lower sales volumes in the Asian market was significant, leading to a decline in sales of the flat knitting machine business. |
Items this document does not state (10)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodPayout ratioShareholder Return PolicyImpairment lossBreakdown of extraordinary income (loss)Material subsequent events
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.Sales volumes declined in Bangladesh and China amid intensifying competition and customers' cautious stance toward capital investment; sales volumes of molding machines were limited; and the impact of lower sales volumes in Asian markets was significant.
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.