Worth reading
63In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Improvement
Direction inferred from the company’s description.Scale
68.3
%Wording
Conditional
How definitive the wording is.Results for this period
First quarter1 January 2026–31 March 2026ConsolidatedIFRSNet Sales83,032¥ millionYear on year +16.9%Progress 25.4%
Operating profit8,209¥ millionYear on year +68.3%Progress 29.6%
Ordinary income9,613¥ millionYear on year +105.5%Progress 33.6%
Net income attributable to owners of the parent5,483¥ millionYear on year +67.0%Progress 29.5%
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¥46.78
Operating Margin9.9%
Financial position at period-end
Total assets444,613¥ million
of which net assets 286,046 ¥ millionEquity ratio 61.7%vs. prior year-end +3.1pt
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.
Cash inflows and outflows
Operating+4,634
Investment+10,076
Financials-8,115
Net change+6,595
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Cash and cash equivalents at end of period¥80,640 million
Segment revenueComponent Solutions Business ¥22,259 million (YoY +27.8%), Transport Solutions Business ¥24,891 million (YoY +13.6%), Accessibility Solutions Business ¥32,186 million (YoY +14.2%), Other ¥3,696 million (YoY +4.4%)
Segment profitComponent Solutions Business ¥1,969 million (YoY +394.5%), Transport Solutions Business ¥4,074 million (YoY +25.1%), Accessibility Solutions Business ¥4,107 million (YoY +21.8%), Other ¥168 million (YoY -41.1%)
Regional sales¥43,116 million (YoY +18.9%), ¥10,749 million (YoY +10.4%), ¥4,935 million (YoY +14.6%), ¥6,269 million (YoY +5.8%), ¥17,007 million (YoY +18.5%), ¥956 million (YoY +116.2%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥327,000 million (YoY +6.2%)
Operating profit¥27,700 million (YoY +33.6%)
Ordinary income¥28,600 million (YoY +32.1%)
Net income¥18,600 million (YoY +18.5%)
Revision to Earnings Forecast2Q cumulative Net Sales ¥157,400 million → ¥157,400 million（0.0%） / Operating profit ¥11,200 million → ¥11,200 million（0.0%） / Pretax profit ¥11,400 million → ¥12,000 million（+5.3%） / Net income ¥4,600 million → ¥6,300 million（+37.0%） / Full year Net Sales ¥327,000 million → ¥327,000 million（0.0%） / Operating profit ¥27,700 million → ¥27,700 million（0.0%） / Pretax profit ¥28,000 million → ¥28,600 million（+2.1%） / Net income ¥17,600 million → ¥18,600 million（+5.7%）
Annual Dividend Forecast¥80 → ¥82（+2.5%）
Factors Behind Changes in Business Performance
Demand recovered for precision reduction gears and also increased for automatic doors and marine equipment. Operating profit increased due to higher profit from increased revenue and steady progress in the profitability improvement initiative Project 10.
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 Number of companies 0 / Company name None / Excluded Number of companies 3 / Company name コムテスコ株式会社, 上海納博特斯克液圧有限公司, Nabtesco Power Control (Thailand) Co., Ltd.
Material subsequent eventsNo applicable matters.
Depreciation and amortization¥4,372 million
Orders received and order backlogOrders received ¥98,257 million / Order backlog ¥195,280 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable Yes / Subject person Institutional investors and analysts
Issued Shares at Period-End118,064,699 Shares
Treasury Shares at Period-End870,654 Shares
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | IFRS |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 January 2026–31 March 2026 |
| Net Sales | ¥83,032 million (YoY +16.9%) |
| Operating profit | ¥8,209 million (YoY +68.3%) |
| Ordinary income | ¥9,613 million (YoY +105.5%) |
| Profit attributable to owners of the parent | ¥5,483 million (YoY +67.0%) |
| Net income per share | ¥46.78 |
| Operating Margin | 9.9% |
| Equity ratio | End of the current fiscal period 61.7% / End of previous period 58.6% |
| Total assets | ¥444,613 million |
| Net assets | ¥286,046 million |
| Cash flows from operating activities | ¥4,634 million |
| Cash flows from investing activities | ¥10,076 million |
| Cash flows from financing activities | ¥-8,115 million |
| Cash and cash equivalents at end of period | ¥80,640 million |
| Full-year earnings forecast | Net Sales ¥327,000 million (YoY +6.2%) / Operating profit ¥27,700 million (YoY +33.6%) / Ordinary income ¥28,600 million (YoY +32.1%) / Net income ¥18,600 million (YoY +18.5%) |
| Revision to Earnings Forecast | 2Q cumulative Net Sales ¥157,400 million → ¥157,400 million（0.0%） / Operating profit ¥11,200 million → ¥11,200 million（0.0%） / Pretax profit ¥11,400 million → ¥12,000 million（+5.3%） / Net income ¥4,600 million → ¥6,300 million（+37.0%） / Full year Net Sales ¥327,000 million → ¥327,000 million（0.0%） / Operating profit ¥27,700 million → ¥27,700 million（0.0%） / Pretax profit ¥28,000 million → ¥28,600 million（+2.1%） / Net income ¥17,600 million → ¥18,600 million（+5.7%） |
| Annual Dividend Forecast | ¥80 → ¥82（+2.5%） |
| Segment revenue | Component Solutions Business ¥22,259 million (YoY +27.8%), Transport Solutions Business ¥24,891 million (YoY +13.6%), Accessibility Solutions Business ¥32,186 million (YoY +14.2%), Other ¥3,696 million (YoY +4.4%) |
| Segment profit | Component Solutions Business ¥1,969 million (YoY +394.5%), Transport Solutions Business ¥4,074 million (YoY +25.1%), Accessibility Solutions Business ¥4,107 million (YoY +21.8%), Other ¥168 million (YoY -41.1%) |
| Regional sales | ¥43,116 million (YoY +18.9%), ¥10,749 million (YoY +10.4%), ¥4,935 million (YoY +14.6%), ¥6,269 million (YoY +5.8%), ¥17,007 million (YoY +18.5%), ¥956 million (YoY +116.2%) |
| Orders received and order backlog | Orders received ¥98,257 million / Order backlog ¥195,280 million |
| Depreciation and amortization | ¥4,372 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 Number of companies 0 / Company name None / Excluded Number of companies 3 / Company name コムテスコ株式会社, 上海納博特斯克液圧有限公司, Nabtesco Power Control (Thailand) Co., Ltd. |
| Material subsequent events | No applicable matters. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Whether applicable Yes / Subject person Institutional investors and analysts |
| Issued Shares at Period-End | 118,064,699 Shares |
| Treasury Shares at Period-End | 870,654 Shares |
| Factors Behind Changes in Business Performance | Demand recovered for precision reduction gears and also increased for automatic doors and marine equipment. Operating profit increased due to higher profit from increased revenue and steady progress in the profitability improvement initiative Project 10. |
Items this document does not state (4)
Payout ratioShareholder Return PolicyImpairment lossBreakdown of extraordinary income (loss)
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.Revenue increased as demand recovered for precision reduction gears and also increased for automatic doors and marine equipment. Operating profit increased due to higher profit from increased revenue and progress in the profitability improvement initiative Project 10. The full-year forecasts were revised based on first-quarter results and future trends. The impact of escalating tensions in the Middle East has not been incorporated into the earnings forecasts because the outlook remains uncertain.
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.