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Presentation materials for financial results6294OKADA AIYON CORPORATIONMachinery

Supplementary Materials to the Summary of Financial Results for the First Quarter of the Fiscal Year Ending March 2027

For the first quarter of the fiscal year ending March 2027, revenue and profit declined, mainly due to lower domestic sales of crushing machines. However, sales in North America and Asia and the aftermarket business increased, and the full-year earnings forecast was unchanged.

Worth reading
79Important
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
-182
¥ million (year-on-year change in net sales)
Wording
Avoiding a definitive answer
How definitive the wording is.

Contents of this document

Supplementary materials to the earnings reportFirst quarter of the fiscal year ending March 202711 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥5,978 million-3.0%
Operating profit¥339 million-34.4%
Ordinary income¥376 million-26.3%
Net income¥216 million-33.9%
Selling, general and administrative expenses¥1,493 million
Results for the three months of the current quarter
Net Sales
¥5,978 million
Operating profit
¥339 million
Ordinary income
¥376 million
Net income
¥216 million
Full-year earnings forecast
Net Sales
¥28,500 million
Operating profit
¥2,500 million
Ordinary income
¥2,500 million
Net income
¥1,700 million
Annual Dividend
¥76
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。
Net Sales21.0%
Operating profit13.6%
Ordinary income15.1%
Net income12.8%
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
Crushers-312
Hydraulic breakers28
Grapples87
Environmental attachments-12
Other attachments26
Forestry machinery-83
Large environmental machinery-114
Cable cranes-20
Other machinery31
Supplies and repairs96
North America98
Europe-38
Asia43
Other overseas-14
Operating profit
Domestic gross profit-148
Domestic SG&A expenses-27
Overseas gross profit89
Overseas selling, general and administrative expenses-87
Adjustments-4
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Average exchange rates used
Dollar¥150
Euro¥170
New initiatives
  • Preparing a planned price revision for core models
  • Deciding to revise supplementary materials prices
  • Strengthening approaches to designated service factories
  • Improving inventory visibility and developing KPIs
  • Trial of overseas sales methods in selected regions
Key KPIsA metric the company considers important as a management benchmark.
  • Overseas revenue ratio28.8 %
  • Supplementary materials and repair revenue¥872 million
    Year on year against the same period last year+12.5%
  • Domestic market share of core productsNo.1
Segment results
Domestic
Net Sales
¥4,255 million-6.0%
Operating profit
¥250 million
Overseas expansion
Net Sales
¥1,722 million+5.5%
Operating profit
¥94 million
Adjustments
Operating profit
¥-6 million
Medium-term management plan targets
Plan nameOnyx
Target fiscal yearFiscal years ending March 2027 to March 2029
Net Sales
Fiscal year ending March 2027¥28,500 million
Fiscal year ending March 2028¥31,000 million
Fiscal year ending March 2029¥34,000 million
Operating profit
Fiscal year ending March 2027¥2,500 million
Fiscal year ending March 2028¥2,900 million
Fiscal year ending March 2029¥3,400 million
Operating profit margin
Fiscal year ending March 20278.8%
Fiscal year ending March 20289.3%
Fiscal year ending March 202910.0%
ROE
Fiscal year ending March 20279.1%
Fiscal year ending March 20289.9%
Fiscal year ending March 202910.8%
Financial targets
ROE
FY3/26 results8.5%
FY3/27 plan9.1%
Plan for the fiscal year ending March 20289.9%
Plan for the fiscal year ending March 202910.8%
Market Size / Share
Large and small crushing machines and structural steel cutters, based on unit volume
Domestic market share of core productsNo.1
Capital expenditures
139 Millions of yen actual for the first quarter of the fiscal year ending March 2027
Annual Dividend
¥76
InterimScheduled to begin this fiscal year
Payout ratio
At least 30%
Contents of this document
ItemDetails
Document typeSupplementary materials to the earnings report
Fiscal Period CoveredFirst quarter of the fiscal year ending March 2027
Net Sales¥5,978 million (YoY -3.0%)
Operating profit¥339 million (YoY -34.4%)
Ordinary income¥376 million (YoY -26.3%)
Net income¥216 million (YoY -33.9%)
Selling, general and administrative expenses¥1,493 million
Results for the three months of the current quarterNet Sales ¥5,978 million / Operating profit ¥339 million / Ordinary income ¥376 million / Net income ¥216 million
Full-year earnings forecastNet Sales ¥28,500 million / Operating profit ¥2,500 million / Ordinary income ¥2,500 million / Net income ¥1,700 million / Annual Dividend ¥76
Progress against full-year forecastNet Sales 21.0% / Operating profit 13.6% / Ordinary income 15.1% / Net income 12.8%
Segment resultsDomestic Net Sales ¥4,255 million (YoY -6.0%) / Operating profit ¥250 million / Overseas expansion Net Sales ¥1,722 million (YoY +5.5%) / Operating profit ¥94 million / Adjustments Operating profit ¥-6 million
Breakdown of Factors Affecting the ChangeNet Sales Crushers -312 / Hydraulic breakers 28 / Grapples 87 / Environmental attachments -12 / Other attachments 26 / Forestry machinery -83 / Large environmental machinery -114 / Cable cranes -20 / Other machinery 31 / Supplies and repairs 96 / North America 98 / Europe -38 / Asia 43 / Other overseas -14 / Operating profit Domestic gross profit -148 / Domestic SG&A expenses -27 / Overseas gross profit 89 / Overseas selling, general and administrative expenses -87 / Adjustments -4
Key KPIsIndicator name Overseas revenue ratio / Value 28.8 % / Year on year against the same period last year Not disclosed, Indicator name Supplementary materials and repair revenue / Value ¥872 million / Year on year against the same period last year ¥12.5 million, Indicator name Domestic market share of core products / Value No.1 / Year on year against the same period last year Not disclosed
Assumptions Underlying the Business OutlookAverage exchange rates used Dollar ¥150 / Euro ¥170
Medium-term management plan targetsPlan name Onyx / Target fiscal year Fiscal years ending March 2027 to March 2029 / Net Sales Fiscal year ending March 2027 ¥28,500 million / Fiscal year ending March 2028 ¥31,000 million / Fiscal year ending March 2029 ¥34,000 million / Operating profit Fiscal year ending March 2027 ¥2,500 million / Fiscal year ending March 2028 ¥2,900 million / Fiscal year ending March 2029 ¥3,400 million / Operating profit margin Fiscal year ending March 2027 8.8% / Fiscal year ending March 2028 9.3% / Fiscal year ending March 2029 10.0% / ROE Fiscal year ending March 2027 9.1% / Fiscal year ending March 2028 9.9% / Fiscal year ending March 2029 10.8%
Financial targetsROE FY3/26 results 8.5% / FY3/27 plan 9.1% / Plan for the fiscal year ending March 2028 9.9% / Plan for the fiscal year ending March 2029 10.8%
Annual Dividend¥76
Payout ratioAt least 30%
Capital expenditures139 Millions of yen (actual for the first quarter of the fiscal year ending March 2027)
Market Size / ShareDomestic market share of core products No.1 / Subject Large and small crushing machines and structural steel cutters, based on unit volume
New initiativesPreparing a planned price revision for core models, Deciding to revise supplementary materials prices, Strengthening approaches to designated service factories, Improving inventory visibility and developing KPIs, Trial of overseas sales methods in selected regions
Items this document does not state (10)
Gross Profit MarginOperating profit marginSelf-assessment against the planUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookAcquisition of treasury sharesOrders received and order backlogKey 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 the core crushing machines declined due to the situation in the Middle East, project delays and customers holding back on purchases. The decline could not be offset by growth in hydraulic breakers, grapples and the aftermarket business. Overseas, Europe struggled amid restrained investment, but revenue increased due to easing inventory adjustments in North America and expansion in Asia.

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.
Supplementary Materials to the Summary of Financial Results for the First Quarter of the Fiscal Year Ending March 2027 | OKADA AIYON CORPORATION (6294) timely disclosure | Komori