Worth reading
74In focus
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Deterioration
Direction inferred from the company’s description.Scale
—
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Conditional
How definitive the wording is.Contents of this document
Earnings presentationFiscal 2026 second quarter (first half)10 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥9,877 million-13.4%
Operating profit¥79 million-88.2%
Ordinary income¥-64 million
Net income¥-225 million
Selling, general and administrative expenses¥3,056 million
Results for the three months of the current quarter
Net Sales
¥5,024 million
Operating profit
¥19 million
Ordinary income
¥-168 million
Profit before tax
¥-168 million
Interim net income attributable to owners of the parent
¥-161 million
Apparel Machinery Sales
¥2,995 million
Automotive Sales
¥2,028 million
Full-year earnings forecast
Net Sales
¥20,306 million
Operating profit
¥131 million
Ordinary income
¥-122 million
Profit attributable to owners of the parent
¥-435 million
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
The full-year earnings forecast was revised downward because operating profit is expected to fall significantly short of the forecast disclosed in May.Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
First-Half Operating Profit
Lower sales-797
Cost Improvements13
Lower expenses76
Foreign Exchange Fluctuations117
Full-year operating profit forecast
Lower sales-602
Increase in cost of sales-205
Lower expenses97
Foreign Exchange Fluctuations0
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Exchange Rate_USD
¥155
New initiatives
- Expansion of production facilities and other equipment in the Automotive business, including die-casting machines and 3D measurement scanners
- Expansion of production facilities and other equipment in the Automotive business, including air compressors and housing inspection machines
- Expansion of production facilities in the Apparel Machinery business, including modifications to machining centers
- The year-end dividend will be ¥65, bringing forward and enhancing shareholder returns
Key KPIsA metric the company considers important as a management benchmark.
- Apparel Machinery units sold-31.3 % year on year
- Apparel Machinery average selling price17.1 % year on year
- Equity ratio75.3 %
- PBR0.38 Times
- ROE-0.7 %
Unit price and quantity metricsThese figures show sales broken down by price and volume.
Apparel Machinery
Unit sales
-31.3 % year on year
Average ticket
17.1 % year on year
Average Unit Price_Excluding FX Effects
6.8 % year on year
Segment results
Apparel Machinery
Net Sales
¥6,031 million
Year-on-year (%)-20.6
Automotive
Net Sales
¥3,845 million
Year-on-year (%)0.8
Number of employees
Consolidated
1,576 people
As of31 March 2026
Non-consolidated
231 people
As of31 March 2026
Capital expenditures
¥745 million full-year forecast
Annual Dividend
¥80 per share
Interim
¥15 per share
End of period
¥65 per share
| Item | Details |
|---|---|
| Document type | Earnings presentation |
| Fiscal Period Covered | Fiscal 2026 second quarter (first half) |
| Net Sales | ¥9,877 million (YoY -13.4%) |
| Operating profit | ¥79 million (YoY -88.2%) |
| Ordinary income | ¥-64 million |
| Net income | ¥-225 million |
| Selling, general and administrative expenses | ¥3,056 million |
| Results for the three months of the current quarter | Net Sales ¥5,024 million / Operating profit ¥19 million / Ordinary income ¥-168 million / Profit before tax ¥-168 million / Interim net income attributable to owners of the parent ¥-161 million / Apparel Machinery Sales ¥2,995 million / Automotive Sales ¥2,028 million |
| Full-year earnings forecast | Net Sales ¥20,306 million / Operating profit ¥131 million / Ordinary income ¥-122 million / Profit attributable to owners of the parent ¥-435 million |
| Self-assessment against the plan | The full-year earnings forecast was revised downward because operating profit is expected to fall significantly short of the forecast disclosed in May. |
| Segment results | Apparel Machinery Net Sales ¥6,031 million / Year-on-year (%) -20.6 / Profit Not disclosed / Automotive Net Sales ¥3,845 million / Year-on-year (%) 0.8 / Profit Not disclosed |
| Breakdown of Factors Affecting the Change | First-Half Operating Profit Lower sales -797 / Cost Improvements 13 / Lower expenses 76 / Foreign Exchange Fluctuations 117 / Full-year operating profit forecast Lower sales -602 / Increase in cost of sales -205 / Lower expenses 97 / Foreign Exchange Fluctuations 0 |
| Key KPIs | Indicator name Apparel Machinery units sold / Value -31.3 % year on year, Indicator name Apparel Machinery average selling price / Value 17.1 % year on year, Indicator name Equity ratio / Value 75.3 %, Indicator name PBR / Value 0.38 Times, Indicator name ROE / Value -0.7 % |
| Unit price and quantity metrics | Apparel Machinery Unit sales -31.3 % year on year / Average ticket 17.1 % year on year / Average Unit Price_Excluding FX Effects 6.8 % year on year |
| Number of employees | Consolidated 1,576 people / Non-consolidated 231 people |
| Assumptions Underlying the Business Outlook | Exchange Rate_USD ¥155 |
| Annual Dividend | ¥80 per share |
| Capital expenditures | ¥745 million (full-year forecast) |
| New initiatives | Expansion of production facilities and other equipment in the Automotive business, including die-casting machines and 3D measurement scanners, Expansion of production facilities and other equipment in the Automotive business, including air compressors and housing inspection machines, Expansion of production facilities in the Apparel Machinery business, including modifications to machining centers, The year-end dividend will be ¥65, bringing forward and enhancing shareholder returns |
Items this document does not state (12)
Gross Profit MarginOperating profit marginProgress against full-year forecastNumber of stores and locationsRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsPayout ratioAcquisition 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.The reasons cited were lower sales in the Apparel Machinery business, higher manufacturing costs in the Automotive business due to higher raw material procurement prices and lower operating rates, weaker investment appetite in Bangladesh and elsewhere due to concerns over energy supplies, and poor performance in the seat belt market.
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.