Worth reading
57In 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
72.4
Operating profit year-on-year change (%)Wording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)1 January 2026–30 June 2026ConsolidatedIFRSNet Sales167,401¥ millionYear on year +16.8%Progress 48.7%
Operating profit15,846¥ millionYear on year +72.4%Progress 48.6%
Ordinary income19,134¥ millionYear on year +124.0%Progress 52.7%
Net income attributable to owners of the parent12,416¥ millionYear on year +90.6%Progress 51.5%
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¥105.94
Operating Margin9.5%
Financial position at period-end
Total assets455,904¥ million
of which net assets 296,354 ¥ millionEquity ratio 62.4%vs. prior year-end +3.8pt
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+22,029
Investment+11,476
Financials-8,460
Net change+25,045
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¥99,583 million
Segment revenue
Component Solutions Business45,52127.2%+23.6%
Transport Solutions Business54,42232.5%+17.1%
Accessibility Solutions Business58,99835.2%+12.2%
Other8,4595.1%+14.3%
Segment profit
Component Solutions Business4,84123.8%+160.8%
Transport Solutions Business9,34945.9%+31.8%
Accessibility Solutions Business5,67527.9%+33.6%
Other4902.4%-29.7%
Regional sales
Japan82,49249.3%+11.5%
China24,69614.8%+24.9%
Other Asia10,6996.4%+23.0%
North America14,5238.7%+27.0%
Europe32,98719.7%+17.7%
Other regions2,0041.2%+49.6%
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥344,000 million (YoY +11.7%)
Operating profit¥32,600 million (YoY +57.3%)
Ordinary income¥36,300 million (YoY +67.6%)
Net income¥24,100 million (YoY +53.6%)
Revision to Earnings ForecastNet Sales ¥327,000 million → ¥344,000 million（+5.2%） / Operating profit ¥27,700 million → ¥32,600 million（+17.7%） / Income before taxes ¥28,600 million → ¥36,300 million（+26.9%） / Profit for the period attributable to owners of the parent ¥18,600 million → ¥24,100 million（+29.6%）
Annual Dividend Forecast¥80 → ¥82（+2.5%）
Factors Behind Changes in Business Performance
Revenue increased across all segments. Operating profit increased due to higher profit resulting from increased revenue in 3 businesses, as well as the effects of profitability improvement initiatives under Project 10.
Disclosure regarding the going concern assumption
Not applicable.
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 Not disclosed
Changes in the scope of consolidationNew Number of companies 0 / Company name Not disclosed / 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 eventsThe company established a share repurchase program and will purchase up to 4 million shares through market purchases from 3 August to 30 November 2026, for a total purchase price of up to ¥15 billion. It will also cancel all repurchased shares on 15 December 2026.
Depreciation and amortization¥8,583 million
Orders received and order backlogOrders received ¥198,478 million (YoY +33.1%) / Order backlog ¥211,132 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (for institutional investors and analysts)
Issued Shares at Period-End118,064,699
Treasury Shares at Period-End850,462
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | IFRS |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 January 2026–30 June 2026 |
| Net Sales | ¥167,401 million (YoY +16.8%) |
| Operating profit | ¥15,846 million (YoY +72.4%) |
| Ordinary income | ¥19,134 million (YoY +124.0%) |
| Profit attributable to owners of the parent | ¥12,416 million (YoY +90.6%) |
| Net income per share | ¥105.94 |
| Operating Margin | 9.5% |
| Equity ratio | End of the current fiscal period 62.4% / End of previous period 58.6% |
| Total assets | ¥455,904 million |
| Net assets | ¥296,354 million |
| Cash flows from operating activities | ¥22,029 million |
| Cash flows from investing activities | ¥11,476 million |
| Cash flows from financing activities | ¥-8,460 million |
| Cash and cash equivalents at end of period | ¥99,583 million |
| Full-year earnings forecast | Net Sales ¥344,000 million (YoY +11.7%) / Operating profit ¥32,600 million (YoY +57.3%) / Ordinary income ¥36,300 million (YoY +67.6%) / Net income ¥24,100 million (YoY +53.6%) |
| Revision to Earnings Forecast | Net Sales ¥327,000 million → ¥344,000 million（+5.2%） / Operating profit ¥27,700 million → ¥32,600 million（+17.7%） / Income before taxes ¥28,600 million → ¥36,300 million（+26.9%） / Profit for the period attributable to owners of the parent ¥18,600 million → ¥24,100 million（+29.6%） |
| Annual Dividend Forecast | ¥80 → ¥82（+2.5%） |
| Segment revenue | Component Solutions Business ¥45,521 million (YoY +23.6%) / Transport Solutions Business ¥54,422 million (YoY +17.1%) / Accessibility Solutions Business ¥58,998 million (YoY +12.2%) / Other ¥8,459 million (YoY +14.3%) |
| Segment profit | Component Solutions Business ¥4,841 million (YoY +160.8%) / Transport Solutions Business ¥9,349 million (YoY +31.8%) / Accessibility Solutions Business ¥5,675 million (YoY +33.6%) / Other ¥490 million (YoY -29.7%) |
| Regional sales | Japan ¥82,492 million (YoY +11.5%) / China ¥24,696 million (YoY +24.9%) / Other Asia ¥10,699 million (YoY +23.0%) / North America ¥14,523 million (YoY +27.0%) / Europe ¥32,987 million (YoY +17.7%) / Other regions ¥2,004 million (YoY +49.6%) |
| Orders received and order backlog | Orders received ¥198,478 million (YoY +33.1%) / Order backlog ¥211,132 million |
| Depreciation and amortization | ¥8,583 million |
| Disclosure regarding the going concern assumption | Not applicable. |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement Not disclosed |
| Changes in the scope of consolidation | New Number of companies 0 / Company name Not disclosed / 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 | The company established a share repurchase program and will purchase up to 4 million shares through market purchases from 3 August to 30 November 2026, for a total purchase price of up to ¥15 billion. It will also cancel all repurchased shares on 15 December 2026. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Available (for institutional investors and analysts) |
| Issued Shares at Period-End | 118,064,699 |
| Treasury Shares at Period-End | 850,462 |
| Factors Behind Changes in Business Performance | Revenue increased across all segments. Operating profit increased due to higher profit resulting from increased revenue in 3 businesses, as well as the effects of profitability improvement initiatives under 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.The company cited increased revenue across all segments, higher profit resulting from increased revenue in the Component Solutions, Transport Solutions and Accessibility Solutions businesses, and the effects of profitability improvement initiatives under Project 10. The upward revision to the full-year forecasts reflects increased demand for precision reduction gears, automatic doors and marine equipment, foreign exchange effects, increased revenue across the businesses, expense control and higher share of profit of investments accounted for using the equity method.
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.