Worth reading
47Recurring
Scored from 5 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
42.6
% (year-on-year increase in net sales)Wording
Conditional
How definitive the wording is.Results for this period
First quarter1 January 2026–31 March 2026ConsolidatedJapanese GAAPNet Sales12,551¥ millionYear on year +42.6%Progress 25.3%
Operating profit3,544¥ millionYear on year +60.4%Progress 27.3%
Ordinary income3,912¥ millionYear on year +82.0%Progress 30.1%
Net income attributable to owners of the parent2,852¥ millionYear on year +79.2%Progress 30.0%
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¥163.78
Financial position at period-end
Total assets91,099¥ million
of which net assets 82,431 ¥ millionEquity ratio 90.5%vs. prior year-end -0.2pt
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.
Segment revenueJapan ¥7,834 million (YoY +31.7%), Asia ¥8,215 million (YoY +58.5%), North America ¥599 million (YoY +24.5%), Europe ¥747 million (YoY +13.9%)
Segment profitJapan ¥2,072 million (YoY +68.7%), Asia ¥1,360 million (YoY +123.8%), North America ¥36 million (YoY -14.5%), Europe ¥35 million (YoY +2.3%)
Regional sales¥8,384 million, ¥589 million, ¥670 million, ¥19 million, ¥9,664 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥49,600 million (YoY +23.5%)
Operating profit¥13,000 million (YoY +48.9%)
Ordinary income¥13,000 million (YoY +59.8%)
Net income¥9,500 million (YoY +55.4%)
Revision to Earnings ForecastNet Sales Not disclosed → ¥49,600 million / Operating profit Not disclosed → ¥13,000 million / Ordinary income Not disclosed → ¥13,000 million / Net income Not disclosed → ¥9,500 million
Annual Dividend Forecast¥130 → ¥130（0.0%）
Factors Behind Changes in Business Performance
Expanding demand for high-quality products against a backdrop of increased semiconductor demand, particularly in generative AI-related fields, higher sales of high-margin products, expanded production capacity, and cost reductions from improved operating rates.
Disclosure regarding the going concern assumption
No applicable matters ("There are 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 0 / Company name None
Material subsequent eventsA resolution was passed regarding a public offering and third-party allotment of treasury shares, as well as a secondary offering of shares. Payment for the public offering was completed on 21 April 2026, and payment for the third-party allotment is scheduled for 20 May 2026. The estimated proceeds are scheduled to be allocated to capital expenditures and other purposes.
Breakdown of extraordinary income (loss)Gain on sale of investment securities ¥45 million, Impairment Loss on Investment Securities ¥47 million
Depreciation and amortization¥905 million
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo (no attendees specified)
Issued Shares at Period-End19,780,000 Shares
Treasury Shares at Period-End2,366,587 Shares
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 January 2026–31 March 2026 |
| Net Sales | ¥12,551 million (YoY +42.6%) |
| Operating profit | ¥3,544 million (YoY +60.4%) |
| Ordinary income | ¥3,912 million (YoY +82.0%) |
| Profit attributable to owners of the parent | ¥2,852 million (YoY +79.2%) |
| Net income per share | ¥163.78 |
| Equity ratio | End of the current fiscal period 90.5 / End of previous period 90.7 |
| Total assets | ¥91,099 million |
| Net assets | ¥82,431 million |
| Full-year earnings forecast | Net Sales ¥49,600 million (YoY +23.5%) / Operating profit ¥13,000 million (YoY +48.9%) / Ordinary income ¥13,000 million (YoY +59.8%) / Net income ¥9,500 million (YoY +55.4%) |
| Revision to Earnings Forecast | Net Sales Not disclosed → ¥49,600 million / Operating profit Not disclosed → ¥13,000 million / Ordinary income Not disclosed → ¥13,000 million / Net income Not disclosed → ¥9,500 million |
| Annual Dividend Forecast | ¥130 → ¥130（0.0%） |
| Segment revenue | Japan ¥7,834 million (YoY +31.7%), Asia ¥8,215 million (YoY +58.5%), North America ¥599 million (YoY +24.5%), Europe ¥747 million (YoY +13.9%) |
| Segment profit | Japan ¥2,072 million (YoY +68.7%), Asia ¥1,360 million (YoY +123.8%), North America ¥36 million (YoY -14.5%), Europe ¥35 million (YoY +2.3%) |
| Regional sales | ¥8,384 million, ¥589 million, ¥670 million, ¥19 million, ¥9,664 million |
| Depreciation and amortization | ¥905 million |
| Breakdown of extraordinary income (loss) | Gain on sale of investment securities ¥45 million, Impairment Loss on Investment Securities ¥47 million |
| Disclosure regarding the going concern assumption | No applicable matters ("There are 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 0 / Company name None |
| Material subsequent events | A resolution was passed regarding a public offering and third-party allotment of treasury shares, as well as a secondary offering of shares. Payment for the public offering was completed on 21 April 2026, and payment for the third-party allotment is scheduled for 20 May 2026. The estimated proceeds are scheduled to be allocated to capital expenditures and other purposes. |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | No (no attendees specified) |
| Issued Shares at Period-End | 19,780,000 Shares |
| Treasury Shares at Period-End | 2,366,587 Shares |
| Factors Behind Changes in Business Performance | Expanding demand for high-quality products against a backdrop of increased semiconductor demand, particularly in generative AI-related fields, higher sales of high-margin products, expanded production capacity, and cost reductions from improved operating rates. |
Items this document does not state (9)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodPayout ratioShareholder Return PolicyOrders received and order backlogImpairment 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.Demand for high-quality products expanded as semiconductor demand increased, particularly in generative AI-related fields. Higher sales of high-margin products, expanded production capacity, and cost reductions from improved operating rates at each production site also contributed. The full-year forecasts were revised based on the expansion in demand and the smooth progress of production capacity ramp-up.
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.