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
626
JPY million (year-on-year decrease in operating profit)Wording
Avoiding a definitive answer
How definitive the wording is.Contents of this document
Earnings presentationFY2026/3, 80th fiscal period12 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥21,657 million-1.7%
Operating profit¥946 million-39.8%
Ordinary income¥1,104 million-29.0%
Net income¥323 million-66.5%
Selling, general and administrative expenses¥6,134 million
Full-year earnings forecast
Net Sales
¥22,180 million
Operating profit
¥840 million
Ordinary income
¥510 million
Profit attributable to owners of the parent
¥250 million
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Lower sales¥-52 million
- Increase in cost of sales¥-232 million
- Increase in expenses¥-321 million
- Foreign Exchange Movements¥-19 million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
- Recovery is expected in China, centered on domestic-demand apparel manufacturing
- In Bangladesh and India, companies are taking a cautious approach to capital investment due to soaring synthetic fiber prices
- Expand the sales network for strategic models in South America, the Middle East and Africa, and other regions
- Concern over the impact of the USMCA review scheduled for July 2026
- Further acquire new customers and new parts at the Mexican base
New initiatives
- Formulate a new medium-term management plan
- In Apparel Machinery, increase the share of export-oriented apparel manufacturing and develop domestic-demand apparel manufacturing markets in emerging countries
- In Automotive, strengthen sales, reduce costs through improved productivity, and launch high-value-added products using special casting
- Expand the number of countries to which strategic models are sold
Key KPIsA metric the company considers important as a management benchmark.
- Apparel Machinery units sold-3.1 ％Year on year against the same period last year-3.1%
- Apparel Machinery average selling price2.3 ％Year on year against the same period last year+2.3%
- Number of countries to which strategic models are sold18 countriesYear on year against the same period last yearUp from 15 countries
Unit price and quantity metricsThese figures show sales broken down by price and volume.
- Unit sales-3.1 ％Year on year against the same period last year-3.1%
- Average price2.3 ％Year on year against the same period last year+2.3%
Segment results
Apparel Machinery
Net Sales
¥13,830 million-0.2%
Automotive
Net Sales
¥7,827 million-4.4%
Medium-term management plan targets
ROEROE target: more than 9%
PBRMore than 1x
Financial targets
ROE targetROE target: more than 9%
P/B ratio targetMore than 1x
FY2026/3 ROE1
FY2026/3 PBR0.55
Number of employees
Consolidated1,576 people
Standalone231 people
Capital expenditures
486 Millions of yen fiscal year ended March 2026 actual
Annual Dividend
80th fiscal period
Interim¥10 per share
End of period¥20 per share
Annual¥30 per share
81st fiscal period forecast
Interim¥15 per share
Payout ratio
80th fiscal period total payout ratio479.4 ％
| Item | Details |
|---|---|
| Document type | Earnings presentation |
| Fiscal Period Covered | FY2026/3, 80th fiscal period |
| Net Sales | ¥21,657 million (YoY -1.7%) |
| Operating profit | ¥946 million (YoY -39.8%) |
| Ordinary income | ¥1,104 million (YoY -29.0%) |
| Net income | ¥323 million (YoY -66.5%) |
| Selling, general and administrative expenses | ¥6,134 million |
| Full-year earnings forecast | Net Sales ¥22,180 million / Operating profit ¥840 million / Ordinary income ¥510 million / Profit attributable to owners of the parent ¥250 million |
| Segment results | Apparel Machinery Net Sales ¥13,830 million (YoY -0.2%) / Automotive Net Sales ¥7,827 million (YoY -4.4%) |
| Breakdown of Factors Affecting the Change | Factors Lower sales / Amount ¥-52 million, Factors Increase in cost of sales / Amount ¥-232 million, Factors Increase in expenses / Amount ¥-321 million, Factors Foreign Exchange Movements / Amount ¥-19 million |
| Key KPIs | Indicator name Apparel Machinery units sold / Value -3.1 ％ / Year on year against the same period last year -3.1 ％, Indicator name Apparel Machinery average selling price / Value 2.3 ％ / Year on year against the same period last year 2.3 ％, Indicator name Number of countries to which strategic models are sold / Value 18 countries / Year on year against the same period last year Up from 15 countries |
| Unit price and quantity metrics | Indicator name Unit sales / Value -3.1 ％ / Year on year against the same period last year -3.1 ％, Indicator name Average price / Value 2.3 ％ / Year on year against the same period last year 2.3 ％ |
| Number of employees | Consolidated 1,576 people / Standalone 231 people |
| Assumptions Underlying the Business Outlook | Recovery is expected in China, centered on domestic-demand apparel manufacturing, In Bangladesh and India, companies are taking a cautious approach to capital investment due to soaring synthetic fiber prices, Expand the sales network for strategic models in South America, the Middle East and Africa, and other regions, Concern over the impact of the USMCA review scheduled for July 2026, Further acquire new customers and new parts at the Mexican base |
| Medium-term management plan targets | ROE ROE target: more than 9% / PBR More than 1x / Target fiscal year Not disclosed |
| Financial targets | ROE target ROE target: more than 9% / P/B ratio target More than 1x / FY2026/3 ROE 1 / FY2026/3 PBR 0.55 |
| Annual Dividend | 80th fiscal period Interim ¥10 per share / End of period ¥20 per share / Annual ¥30 per share / 81st fiscal period forecast Interim ¥15 per share / End of period Not disclosed / Annual Not disclosed |
| Payout ratio | 80th fiscal period total payout ratio 479.4 ％ / 81st fiscal period forecast Not disclosed |
| Capital expenditures | 486 Millions of yen (fiscal year ended March 2026 actual) |
| New initiatives | Formulate a new medium-term management plan, In Apparel Machinery, increase the share of export-oriented apparel manufacturing and develop domestic-demand apparel manufacturing markets in emerging countries, In Automotive, strengthen sales, reduce costs through improved productivity, and launch high-value-added products using special casting, Expand the number of countries to which strategic models are sold |
Items this document does not state (11)
Gross Profit MarginOperating profit marginResults for the three months of the current quarterProgress against full-year forecastSelf-assessment against the planNumber of stores and locationsRisk amount incorporated into the outlookAcquisition of treasury sharesOrders 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.Factors contributing to the decline in profit included lower revenue in the Automotive business, higher costs due to the impact of price reductions in China, higher selling, general and administrative expenses associated with increased staffing, and foreign exchange effects. In Apparel Machinery, sales were weighed down by monetary tightening in Bangladesh, U.S. tariffs on India, and the ongoing recovery in demand in China.
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.