Worth reading
50Recurring
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
340
Millions of yen (year-on-year change in revenue)Wording
Conditional
How definitive the wording is.Contents of this document
Earnings presentation materialsFiscal year ending September 202610 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥9,909 million+3.6%
Operating profit¥260 million-2.5%
Ordinary income¥209 million-16.4%
Net income¥149 million-13.2%
Operating profit margin2.6 %
Full-year earnings forecast
Net Sales
¥10,670 million
Operating profit
¥355 million
Ordinary income
¥325 million
Net income
¥210 million
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Sales and earnings fell short of expectations in all segments other than Industry and New Industry.New initiatives
- Expanding sales channels into adjacent fields, including home improvement stores
- Expanding applications for specialty-function mats in lodging, elderly care and welfare, fitness, and other fields
- Online sales of tatami products for overseas markets
- Developing new products and cultivating new customers for industrial equipment
- Creating synergies between New Industry and Industry
Key KPIsA metric the company considers important as a management benchmark.
- Equity ratio34.5 %Year on year against the same period last year+3.1pt
- Return on equity4.8 %Year on year against the same period last year-1.0pt
- FCF¥201 millionYear on year against the same period last yearDecreased
- Cumulative patent applications747 projectsYear on year against the same period last year+7 cases
- Cumulative patents obtained438 projectsYear on year against the same period last year+11 cases
- PBRLess than 1x
Segment results
- ProfessionalNet Sales¥6,809 million (YoY +0.9%)Operating profit¥-108 million (YoY -20.2%)
- ConsumerNet Sales¥745 million (YoY -0.0%)Operating profit¥5 million (YoY -72.9%)
- IndustryNet Sales¥1,631 million (YoY +33.0%)Operating profit¥293 million (YoY +22.4%)
- New IndustryNet Sales¥722 million (YoY -14.5%)Operating profit¥69 million (YoY -28.2%)
Medium-term management plan targets
Plan nameVision 80
Target fiscal yearFiscal year ending September 2028
Net Sales
¥150 100 million
Operating profit
¥10 100 million
Actual results for the fiscal year ended September 2026
Net Sales¥99 100 million
Operating profit¥2.6 100 million
Operating profit unit¥100 million
Orders received and order backlog
New orders, fiscal year ending September 2026
12 Approximately ¥100 million
Orders outstanding at fiscal year-end
¥8.5 100 million
Order intake outlook, fiscal year ending September 2027
13 Approximately ¥100 million
Number of employees
290 people
Year on year against the same period last year-3.0%
Capital expenditures
¥215 millions increase in property, plant and equipment
Annual Dividend
¥10 per share
Payout ratio
34.8 %
| Item | Details |
|---|---|
| Document type | Earnings presentation materials |
| Fiscal Period Covered | Fiscal year ending September 2026 |
| Net Sales | ¥9,909 million (YoY +3.6%) |
| Operating profit | ¥260 million (YoY -2.5%) |
| Ordinary income | ¥209 million (YoY -16.4%) |
| Net income | ¥149 million (YoY -13.2%) |
| Operating profit margin | 2.6 % |
| Full-year earnings forecast | Net Sales ¥10,670 million / Operating profit ¥355 million / Ordinary income ¥325 million / Net income ¥210 million |
| Self-assessment against the plan | Sales and earnings fell short of expectations in all segments other than Industry and New Industry. |
| Segment results | Segment Professional / Net Sales ¥6,809 million (YoY +0.9%) / Operating profit ¥-108 million (YoY -20.2%), Segment Consumer / Net Sales ¥745 million (YoY -0.0%) / Operating profit ¥5 million (YoY -72.9%), Segment Industry / Net Sales ¥1,631 million (YoY +33.0%) / Operating profit ¥293 million (YoY +22.4%), Segment New Industry / Net Sales ¥722 million (YoY -14.5%) / Operating profit ¥69 million (YoY -28.2%) |
| Key KPIs | Indicator name Equity ratio / Value 34.5 % / Year on year against the same period last year +3.1pt, Indicator name Return on equity / Value 4.8 % / Year on year against the same period last year -1.0pt, Indicator name FCF / Value ¥201 million / Year on year against the same period last year Decreased, Indicator name Cumulative patent applications / Value 747 projects / Year on year against the same period last year +7 cases, Indicator name Cumulative patents obtained / Value 438 projects / Year on year against the same period last year +11 cases, Indicator name PBR / Value Less than 1x / Year on year against the same period last year Not disclosed |
| Number of employees | 290 people |
| Medium-term management plan targets | Plan name Vision 80 / Target fiscal year Fiscal year ending September 2028 / Net Sales ¥150 100 million / Operating profit ¥10 100 million / Actual results for the fiscal year ended September 2026 Net Sales ¥99 100 million / Operating profit ¥2.6 100 million / Operating profit unit ¥100 million |
| Annual Dividend | ¥10 per share |
| Payout ratio | 34.8 % |
| Capital expenditures | ¥215 millions (increase in property, plant and equipment) |
| Orders received and order backlog | New orders, fiscal year ending September 2026 12 Approximately ¥100 million / Orders outstanding at fiscal year-end ¥8.5 100 million / Order intake outlook, fiscal year ending September 2027 13 Approximately ¥100 million |
| New initiatives | Expanding sales channels into adjacent fields, including home improvement stores, Expanding applications for specialty-function mats in lodging, elderly care and welfare, fitness, and other fields, Online sales of tatami products for overseas markets, Developing new products and cultivating new customers for industrial equipment, Creating synergies between New Industry and Industry |
Items this document does not state (13)
Gross Profit MarginSelling, general and administrative expensesThree months of the current quarterProgress against full-year forecastBreakdown of Factors Affecting the ChangeUnit price and quantity metricsNumber of stores and locationsAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookFinancial targetsAcquisition 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.The Industry segment performed well by converting demand for capital investment into orders. Meanwhile, Professional saw a decline in construction projects due to soaring residential construction costs, higher material prices and supply shortages amid concerns over naphtha shortages; Consumer was affected by intensifying competition and an increase in output curtailment; and New Industry saw a decline in large projects for the automotive industry.
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.