Worth reading
70In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
18
Year-on-year change (revenue, %)Wording
Conditional
How definitive the wording is.Contents of this document
Financial Results PresentationFirst 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 Sales44,621 Millions of yen+18.0%
Operating profit3,429 Millions of yen+45.3%
Ordinary income3,245 Millions of yen+72.1%
Net income¥2,538 million +210.0%profit attributable to owners of the parent
Gross Profit MarginOverseas 36.4%, Japan 47.4%
Operating profit marginConsolidated 7.7%, overseas 7.0%, Japan 8.1%
Selling, general and administrative expensesnot disclosed (factors affecting the change include investments in human capital and strategic investments, as well as selling, general and administrative expenses in Europe)
Results for the three months of the current quarter
Q1 (April-June)
Net Sales
44,621 Millions of yen
Operating profit
3,429 Millions of yen
Ordinary income
3,245 Millions of yen
Net income
2,538 Millions of yen
Full-year earnings forecast
Net Sales
172,000 Millions of yen
Operating profit
12,100 Millions of yen
Ordinary income
11,600 Millions of yen
Profit attributable to owners of the parent
7,700 Millions of yen
EBITDA
18,500 Millions of yen
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
The overseas business was generally in line with the plan, while the Japan business grew substantially. Overseas, the base business was below plan, while the Primary business, which operates exclusively in that area, was above plan.Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Overseas operating profit
Factors affecting the change in revenue44 Millions of yen
Gross profit factors and other items-113 Millions of yen
Selling, general and administrative expense factor-210 Millions of yen
Foreign Exchange Effects176 Millions of yen
Japan operating profit
Factors affecting the change in revenue1,564 Millions of yen
Gross profit factors and other items-920 Millions of yen
Selling, general and administrative expense factor-157 Millions of yen
Foreign Exchange Effects0 Millions of yen
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Exchange rate
USD
Initial forecast150
Revised forecast155
EUR
Initial forecast175
Revised forecast180
Foreign exchange sensitivity
Net Sales¥556 million for each ¥1 depreciation of the yen against the US dollar
Operating profit¥24 million for each ¥1 depreciation of the yen against the US dollar
New initiatives
- 平野屋物産 was brought into the group in June 2026, adding manufacturing and sales capabilities for flexible packaging materials
- Build a global partner ecosystem in blood and specimen SCM through M&A, investments and collaboration
- Globally expand blood and specimen SCM centered on PJM RFID
- New appointments of executive officers with expertise in the overseas business and healthcare, alongside expansion of specialized personnel
- Repurchase treasury shares from 13 August 2026 to 26 February 2027 and cancel the repurchased shares
Key KPIsA metric the company considers important as a management benchmark.
- Japan RFID revenueYear on year against the same period last year+30.9%
- Japan automation solutions revenueYear on year against the same period last year+24.8%
- Overseas RFID revenueYear on year against the same period last year+7.1%
- Overseas automation solutions revenueYear on year against the same period last year-9.1%
Segment results
Consolidated
Net Sales
44,621 Millions of yen+18.0%
Operating profit
3,429 Millions of yen+45.3%
Overseas expansion
Net Sales
21,762 Millions of yen+16.1%
Operating profit
1,526 Millions of yen-6.3%
Overseas base business
Net Sales
14,832 Millions of yen+17.5%
Operating profit
996 Millions of yen-10.9%
Overseas Primary business
Net Sales
6,929 Millions of yen+13.4%
Operating profit
478 Millions of yen-14.9%
Japan
Net Sales
22,858 Millions of yen+19.7%
Operating profit
1,850 Millions of yen+210.0%
Medium-term management plan targets
FY28 ROE10.2 ％
OtherEarly achievement of a PBR of at least 1x; maintenance and improvement of an A- credit rating
Financial targets
FY28 ROE10.2 ％
PBREarly achievement of a PBR of at least 1x
RatingMaintenance and improvement of an A- credit rating
Payout ratio
Consolidated DOE of at least 3% as a guideline. Payout ratio: not disclosedAcquisition of treasury shares
Maximum amount2,000
Amount unitMillions of yen
Maximum number of shares1,000,000
Share unitShares
Period13 August 2026 to 26 February 2027
CancellationAll repurchased treasury shares are scheduled to be canceled. Scheduled cancellation date: 19 March 2027
| Item | Details |
|---|---|
| Document type | Financial Results Presentation |
| Fiscal Period Covered | First quarter of the fiscal year ending March 2027 |
| Net Sales | 44,621 Millions of yen (YoY +18.0%) |
| Operating profit | 3,429 Millions of yen (YoY +45.3%) |
| Ordinary income | 3,245 Millions of yen (YoY +72.1%) |
| Net income | ¥2,538 million (profit attributable to owners of the parent) (YoY +210.0%) |
| Gross Profit Margin | Overseas 36.4%, Japan 47.4% |
| Operating profit margin | Consolidated 7.7%, overseas 7.0%, Japan 8.1% |
| Selling, general and administrative expenses | not disclosed (factors affecting the change include investments in human capital and strategic investments, as well as selling, general and administrative expenses in Europe) |
| Results for the three months of the current quarter | Subject Q1 (April-June) / Net Sales 44,621 Millions of yen / Operating profit 3,429 Millions of yen / Ordinary income 3,245 Millions of yen / Net income 2,538 Millions of yen |
| Full-year earnings forecast | Net Sales 172,000 Millions of yen / Operating profit 12,100 Millions of yen / Ordinary income 11,600 Millions of yen / Profit attributable to owners of the parent 7,700 Millions of yen / EBITDA 18,500 Millions of yen |
| Self-assessment against the plan | The overseas business was generally in line with the plan, while the Japan business grew substantially. Overseas, the base business was below plan, while the Primary business, which operates exclusively in that area, was above plan. |
| Segment results | Consolidated Net Sales 44,621 Millions of yen (YoY +18.0%) / Operating profit 3,429 Millions of yen (YoY +45.3%) / Overseas expansion Net Sales 21,762 Millions of yen (YoY +16.1%) / Operating profit 1,526 Millions of yen (YoY -6.3%) / Overseas base business Net Sales 14,832 Millions of yen (YoY +17.5%) / Operating profit 996 Millions of yen (YoY -10.9%) / Overseas Primary business Net Sales 6,929 Millions of yen (YoY +13.4%) / Operating profit 478 Millions of yen (YoY -14.9%) / Japan Net Sales 22,858 Millions of yen (YoY +19.7%) / Operating profit 1,850 Millions of yen (YoY +210.0%) |
| Breakdown of Factors Affecting the Change | Overseas operating profit Factors affecting the change in revenue 44 Millions of yen / Gross profit factors and other items -113 Millions of yen / Selling, general and administrative expense factor -210 Millions of yen / Foreign Exchange Effects 176 Millions of yen / Japan operating profit Factors affecting the change in revenue 1,564 Millions of yen / Gross profit factors and other items -920 Millions of yen / Selling, general and administrative expense factor -157 Millions of yen / Foreign Exchange Effects 0 Millions of yen |
| Key KPIs | Indicator name Japan RFID revenue / Value Not disclosed / Year on year against the same period last year 30.9 Year on year, Indicator name Japan automation solutions revenue / Value Not disclosed / Year on year against the same period last year 24.8 Year on year, Indicator name Overseas RFID revenue / Value Not disclosed / Year on year against the same period last year 7.1 Year on year, Indicator name Overseas automation solutions revenue / Value Not disclosed / Year on year against the same period last year -9.1 Year on year |
| Assumptions Underlying the Business Outlook | Exchange rate USD Initial forecast 150 / Revised forecast 155 / EUR Initial forecast 175 / Revised forecast 180 / Foreign exchange sensitivity Net Sales ¥556 million for each ¥1 depreciation of the yen against the US dollar / Operating profit ¥24 million for each ¥1 depreciation of the yen against the US dollar |
| Medium-term management plan targets | FY28 ROE 10.2 ％ / Other Early achievement of a PBR of at least 1x; maintenance and improvement of an A- credit rating |
| Financial targets | FY28 ROE 10.2 ％ / PBR Early achievement of a PBR of at least 1x / Rating Maintenance and improvement of an A- credit rating |
| Payout ratio | Consolidated DOE of at least 3% as a guideline. Payout ratio: not disclosed |
| Acquisition of treasury shares | Maximum amount 2,000 / Amount unit Millions of yen / Maximum number of shares 1,000,000 / Share unit Shares / Period 13 August 2026 to 26 February 2027 / Cancellation All repurchased treasury shares are scheduled to be canceled. Scheduled cancellation date: 19 March 2027 |
| New initiatives | 平野屋物産 was brought into the group in June 2026, adding manufacturing and sales capabilities for flexible packaging materials, Build a global partner ecosystem in blood and specimen SCM through M&A, investments and collaboration, Globally expand blood and specimen SCM centered on PJM RFID, New appointments of executive officers with expertise in the overseas business and healthcare, alongside expansion of specialized personnel, Repurchase treasury shares from 13 August 2026 to 26 February 2027 and cancel the repurchased shares |
Items this document does not state (10)
Progress against full-year forecastUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookAnnual DividendCapital expendituresOrders 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.In Japan, sales of mechatronics products increased following the launch of a new printer, while supply sales benefited from front-loaded demand ahead of worsening conditions in the Middle East and price revisions. Overseas revenue increased, but profit declined due to higher selling, general and administrative expenses and personnel costs in Europe, lower plant profitability and continued competition in the Primary business. The upward revision to the full-year forecasts reflects strong first-quarter performance in Japan and the inclusion of the newly consolidated company.
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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