Worth reading
60In focus
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
6
¥ millions (year-on-year change in operating income)Wording
Conditional
How definitive the wording is.Contents of this document
Financial results presentationSecond quarter of the fiscal year ending September 20268 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥5,239 million+6.1%
Operating profit¥267 million+2.1%
Ordinary income¥223 million-6.9%
Net income¥143 million-16.7%
Operating profit margin5.1 %
Results for the three months of the current quarter
Net Sales
¥2,996 million+7.2%
Operating profit
¥251 million+2.9%
Ordinary income
¥219 million-6.1%
Net income
¥147 million-13.4%
Operating profit margin
8.4 %
yoy_change_points-0.4
Full-year earnings forecast
Net Sales
¥11,000 million
Operating profit
¥380 million
Ordinary income
¥370 million
Net income
¥235 million
EBITDA
¥575 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 Sales47.6
Operating profit70.3
Ordinary income60.4
Net income61.3
EBITDA62.9
Professional revenue44.2
Consumer revenue41.9
Industry revenue62
New Industry revenue57.9
Consumer operating profit21.4
Industry operating income96.2
New Industry operating income3.3
What the company explained in this material
New initiatives
- Developing new sales channels, including home-improvement retailers and the waterproofing industry, in the interior business
- Enhancing the ability to respond to inquiries through the development of younger employees and the use of external design and development partners
- Design, development and sale of a somen noodle feeding system using collaborative robots
- Continuing investment in human capital and digital transformation
Key KPIsA metric the company considers important as a management benchmark.
- Equity ratio34.1 %
- Net interest-bearing debt¥2,513 million
- FCF¥174 million
- Cumulative patent applications743 EngagementsYear on year against the same period last year+6.0%
- Cumulative patents obtained433 EngagementsYear on year against the same period last year+7.0%
Segment results
Professional
Net Sales
¥3,357 million-4.9%
Operating profit
¥-63 million
Consumer
Net Sales
¥398 million-0.2%
Operating profit
¥8 million-42.8%
Industry
Net Sales
¥992 million+46.1%
Operating profit
¥240 million+41.9%
New Industry
Net Sales
¥493 million+49.1%
Operating profit
¥81 million+69.8%
Medium-term management plan targets
Vision 80
Target fiscal yearFiscal year ending September 2028
Net Sales
¥150 100 million
Operating profit
¥10 100 million
Operating profit margin
6.7 %
Financial targets
ROE
10 %
Target fiscal yearFiscal year ending September 2027
Profit for the period
¥4 100 million or more
Target fiscal yearFiscal year ending September 2027
Net profit margin
3 % or higher
Target fiscal yearFiscal year ending September 2027
Total asset turnover
1.1 times
Target fiscal yearFiscal year ending September 2027
Financial Leverage
3 times
Target fiscal yearFiscal year ending September 2027
Actual equity ratio
34.1 %
As ofSecond quarter of the fiscal year ending September 2026
Orders received and order backlog
New orders received
400 Millions of yen forecast for the fiscal year ending September 2026
Order backlog
850 Millions of yen forecast for the fiscal year ending September 2026
Capital expenditures
20 Millions of yen acquisition of fixed assets, first half of the fiscal year ending September 2026
Annual Dividend
Annual dividend per share
¥10
| Item | Details |
|---|---|
| Document type | Financial results presentation |
| Fiscal Period Covered | Second quarter of the fiscal year ending September 2026 |
| Net Sales | ¥5,239 million (YoY +6.1%) |
| Operating profit | ¥267 million (YoY +2.1%) |
| Ordinary income | ¥223 million (YoY -6.9%) |
| Net income | ¥143 million (YoY -16.7%) |
| Operating profit margin | 5.1 % |
| Results for the three months of the current quarter | Net Sales ¥2,996 million (YoY +7.2%) / Operating profit ¥251 million (YoY +2.9%) / Ordinary income ¥219 million (YoY -6.1%) / Net income ¥147 million (YoY -13.4%) / Operating profit margin 8.4 % |
| Full-year earnings forecast | Net Sales ¥11,000 million / Operating profit ¥380 million / Ordinary income ¥370 million / Net income ¥235 million / EBITDA ¥575 million |
| Progress against full-year forecast | Net Sales 47.6 / Operating profit 70.3 / Ordinary income 60.4 / Net income 61.3 / EBITDA 62.9 / Professional revenue 44.2 / Consumer revenue 41.9 / Industry revenue 62 / New Industry revenue 57.9 / Consumer operating profit 21.4 / Industry operating income 96.2 / New Industry operating income 3.3 |
| Segment results | Professional Net Sales ¥3,357 million (YoY -4.9%) / Operating profit ¥-63 million / Consumer Net Sales ¥398 million (YoY -0.2%) / Operating profit ¥8 million (YoY -42.8%) / Industry Net Sales ¥992 million (YoY +46.1%) / Operating profit ¥240 million (YoY +41.9%) / New Industry Net Sales ¥493 million (YoY +49.1%) / Operating profit ¥81 million (YoY +69.8%) |
| Key KPIs | Indicator name Equity ratio / Value 34.1 % / Year on year against the same period last year Not disclosed, Indicator name Net interest-bearing debt / Value ¥2,513 million / Year on year against the same period last year Not disclosed, Indicator name FCF / Value ¥174 million / Year on year against the same period last year Not disclosed, Indicator name Cumulative patent applications / Value 743 Engagements / Year on year against the same period last year 6 Engagements, Indicator name Cumulative patents obtained / Value 433 Engagements / Year on year against the same period last year 7 Engagements |
| Medium-term management plan targets | Name Vision 80 / Target fiscal year Fiscal year ending September 2028 / Net Sales ¥150 100 million / Operating profit ¥10 100 million / Operating profit margin 6.7 % |
| Financial targets | ROE 10 % / Profit for the period ¥4 100 million or more / Net profit margin 3 % or higher / Total asset turnover 1.1 times / Financial Leverage 3 times / Actual equity ratio 34.1 % |
| Annual Dividend | Annual dividend per share ¥10 / Interim Not disclosed / End of period Not disclosed |
| Capital expenditures | 20 Millions of yen (acquisition of fixed assets, first half of the fiscal year ending September 2026) |
| Orders received and order backlog | New orders received 400 Millions of yen (forecast for the fiscal year ending September 2026) / Order backlog 850 Millions of yen (forecast for the fiscal year ending September 2026) |
| New initiatives | Developing new sales channels, including home-improvement retailers and the waterproofing industry, in the interior business, Enhancing the ability to respond to inquiries through the development of younger employees and the use of external design and development partners, Design, development and sale of a somen noodle feeding system using collaborative robots, Continuing investment in human capital and digital transformation |
Items this document does not state (13)
Gross Profit MarginSelling, general and administrative expensesSelf-assessment against the planBreakdown of Factors Affecting the ChangeUnit price and quantity metricsNumber of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookPayout ratioAcquisition of treasury sharesMarket 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.New large-scale projects, strong performance in the automotive sector, orders for secondary battery manufacturing equipment and temperature sensors, and large-volume deliveries of food-processing equipment contributed to higher revenue and earnings. Professional, however, reported lower revenue and an operating loss due to a decline in rush demand ahead of price increases in the interior business, the cost of publishing a new catalog, and sluggish growth in the tatami business. The materials do not provide the amounts of the individual factors behind the declines in ordinary income and net income.
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.