Worth reading
55In 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
708
¥100 million (year-on-year increase in net sales)Wording
Conditional
How definitive the wording is.Contents of this document
Presentation materials for financial resultsFirst quarter of the fiscal year ending March 202710 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales2,709 Hundreds of millions of yen+35.4%
Operating profit739 Hundreds of millions of yen+66.4%
Ordinary income917 Hundreds of millions of yen+86.9%
Net income678 Hundreds of millions of yen+95.9%
Gross Profit Margin46.8 %
Operating profit margin27.3 %
Selling, general and administrative expenses529 Hundreds of millions of yen
Results for the three months of the current quarter
Net Sales
2,709 Hundreds of millions of yen
Operating profit
739 Hundreds of millions of yen
Ordinary income
917 Hundreds of millions of yen
Net income
678 Hundreds of millions of yen
Full-year earnings forecast
Net Sales
10,000 Hundreds of millions of yen
Cost of sales
5,510 Hundreds of millions of yen
Gross profit
4,490 Hundreds of millions of yen
Selling, General and Administrative Expenses
2,300 Hundreds of millions of yen
Operating profit
2,190 Hundreds of millions of yen
Ordinary income
2,390 Hundreds of millions of yen
Net income for the current fiscal year
1,700 Hundreds of millions of yen
Depreciation and amortization
623 Hundreds of millions of yen
Research and development costs
470 Hundreds of millions of yen
Progress against full-year forecast 通期の予想に対して、いまどこまで進んだかの割合です。
Depreciation and amortization21.1
Research and development costs25.3
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Net Sales
Sales volumeUp 22.3% year on year (Japan +72, North America +13, Europe +23, Greater China +226, Other Asia +108 ¥100 million)
Selling PricesUp 0.1% year on year (Japan +12, overseas -9 ¥100 million)
Foreign Exchange MovementsUp 12.9% year on year (North America +33, Europe +49, Greater China +133 ¥100 million)
Operating profit
Foreign exchange movements: transactions+¥7.9 billion
Foreign exchange movements: settlement+¥4.0 billion
Decrease in inventory write-downs+¥2.6 billion
SG&A expenses: personnel costs-¥1.0 billion
SG&A expenses: logistics costs-¥1.0 billion
SG&A expenses: research and development expenses-¥0.7 billion
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Dollar
¥155
Euro
¥183
Renminbi
¥22.7
New initiatives
- SMC Nederland B.V. became a consolidated subsidiary through the acquisition of its shares (June 2026; acquisition consideration of approximately ¥9.2 billion)
- SMC Belgium B.V. became a consolidated subsidiary through the acquisition of its shares (July 2026; acquisition consideration of approximately ¥2.1 billion)
Key KPIsA metric the company considers important as a management benchmark.
Orders received index
Semiconductors and electrical equipment173 FY25=100
Automobiles115 FY25=100
Machine tools119 FY25=100
Food110 FY25=100
Healthcare111 FY25=100
Other113 FY25=100
Japan127 FY25=100
North America121 FY25=100
Europe109 FY25=100
Greater China156 FY25=100
Other Asia and Oceania146 FY25=100
Consolidated135 FY25=100
Unit price and quantity metricsThese figures show sales broken down by price and volume.
Sales volumeUp 22.3% year on year
Selling PricesUp 0.1% year on year
Quarter-on-quarter sales volumeUp 15.2% quarter on quarter
Quarter-on-quarter selling priceDown 0.4% quarter on quarter
Segment results
Japan
Net Sales
477 Hundreds of millions of yen
North America
Net Sales
312 Hundreds of millions of yen
Europe
Net Sales
438 Hundreds of millions of yen
Greater China
Net Sales
967 Hundreds of millions of yen
Other Asia
Net Sales
443 Hundreds of millions of yen
Financial targets
Equity ratio
91 %
ROE
3.2 % annualized 12.8%
Market Size / Share
Benelux market shareApproximately 20% currently
Orders received and order backlog
Orders received disclosed on an index basis, with FY25=100: consolidated 135, Japan 127, North America 121, Europe 109, Greater China 156, and Other Asia and Oceania 146. Orders received and order backlog on a monetary basis: Not disclosed.Capital expenditures
¥188 100 million actual for the first quarter of the fiscal year ending March 2027
| Item | Details |
|---|---|
| Document type | Presentation materials for financial results |
| Fiscal Period Covered | First quarter of the fiscal year ending March 2027 |
| Net Sales | 2,709 Hundreds of millions of yen (YoY +35.4%) |
| Operating profit | 739 Hundreds of millions of yen (YoY +66.4%) |
| Ordinary income | 917 Hundreds of millions of yen (YoY +86.9%) |
| Net income | 678 Hundreds of millions of yen (YoY +95.9%) |
| Gross Profit Margin | 46.8 % |
| Operating profit margin | 27.3 % |
| Selling, general and administrative expenses | 529 Hundreds of millions of yen |
| Results for the three months of the current quarter | Net Sales 2,709 Hundreds of millions of yen / Operating profit 739 Hundreds of millions of yen / Ordinary income 917 Hundreds of millions of yen / Net income 678 Hundreds of millions of yen |
| Full-year earnings forecast | Net Sales 10,000 Hundreds of millions of yen / Cost of sales 5,510 Hundreds of millions of yen / Gross profit 4,490 Hundreds of millions of yen / Selling, General and Administrative Expenses 2,300 Hundreds of millions of yen / Operating profit 2,190 Hundreds of millions of yen / Ordinary income 2,390 Hundreds of millions of yen / Net income for the current fiscal year 1,700 Hundreds of millions of yen / Depreciation and amortization 623 Hundreds of millions of yen / Research and development costs 470 Hundreds of millions of yen |
| Progress against full-year forecast | Depreciation and amortization 21.1 / Research and development costs 25.3 |
| Segment results | Japan Net Sales 477 Hundreds of millions of yen / North America Net Sales 312 Hundreds of millions of yen / Europe Net Sales 438 Hundreds of millions of yen / Greater China Net Sales 967 Hundreds of millions of yen / Other Asia Net Sales 443 Hundreds of millions of yen |
| Breakdown of Factors Affecting the Change | Net Sales Sales volume Up 22.3% year on year (Japan +72, North America +13, Europe +23, Greater China +226, Other Asia +108 ¥100 million) / Selling Prices Up 0.1% year on year (Japan +12, overseas -9 ¥100 million) / Foreign Exchange Movements Up 12.9% year on year (North America +33, Europe +49, Greater China +133 ¥100 million) / Operating profit Foreign exchange movements: transactions +¥7.9 billion / Foreign exchange movements: settlement +¥4.0 billion / Decrease in inventory write-downs +¥2.6 billion / SG&A expenses: personnel costs -¥1.0 billion / SG&A expenses: logistics costs -¥1.0 billion / SG&A expenses: research and development expenses -¥0.7 billion |
| Key KPIs | Orders received index Semiconductors and electrical equipment 173 FY25=100 / Automobiles 115 FY25=100 / Machine tools 119 FY25=100 / Food 110 FY25=100 / Healthcare 111 FY25=100 / Other 113 FY25=100 / Japan 127 FY25=100 / North America 121 FY25=100 / Europe 109 FY25=100 / Greater China 156 FY25=100 / Other Asia and Oceania 146 FY25=100 / Consolidated 135 FY25=100 |
| Unit price and quantity metrics | Sales volume Up 22.3% year on year / Selling Prices Up 0.1% year on year / Quarter-on-quarter sales volume Up 15.2% quarter on quarter / Quarter-on-quarter selling price Down 0.4% quarter on quarter |
| Assumptions Underlying the Business Outlook | Dollar ¥155 / Euro ¥183 / Renminbi ¥22.7 |
| Financial targets | Equity ratio 91 % / ROE 3.2 % (annualized 12.8%) |
| Capital expenditures | ¥188 100 million (actual for the first quarter of the fiscal year ending March 2027) |
| Orders received and order backlog | Orders received disclosed on an index basis, with FY25=100: consolidated 135, Japan 127, North America 121, Europe 109, Greater China 156, and Other Asia and Oceania 146. Orders received and order backlog on a monetary basis: Not disclosed. |
| Market Size / Share | Benelux market share Approximately 20% currently |
| New initiatives | SMC Nederland B.V. became a consolidated subsidiary through the acquisition of its shares (June 2026; acquisition consideration of approximately ¥9.2 billion), SMC Belgium B.V. became a consolidated subsidiary through the acquisition of its shares (July 2026; acquisition consideration of approximately ¥2.1 billion) |
Items this document does not state (9)
Self-assessment against the planNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookMedium-term management plan targetsAnnual DividendPayout ratioAcquisition of treasury sharesKey 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.Revenue increased mainly because sales volume rose 22.3% year on year and foreign exchange movements increased revenue by 12.9%. Operating profit was driven by profit contributions from foreign exchange movements, a decrease in inventory write-downs and lower cost of sales resulting from the negative allocation of part of the U.S. tariff refund to cost of sales. Within selling, general and administrative expenses, personnel costs, logistics costs and research and development expenses were identified as factors reducing profit.
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.