Worth reading
88Important
Scored from 5 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
5153
Millions of yen (year-on-year increase in revenue)Wording
Conditional
How definitive the wording is.Contents of this document
Supplementary Materials to the Earnings ReportSecond 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 Sales31,478 Millions of yen+19.6%
Operating profit3,623 Millions of yen+44.3%
Ordinary income4,241 Millions of yen+28.7%
Net income¥2,647 million +22.5%net income attributable to owners of the parent
Gross Profit Margin45.7
Operating profit margin11.5
Selling, general and administrative expenses10,776 Millions of yen
Results for the three months of the current quarter
Net Sales
17,778 Millions of yen+24.9%
Operating profit
2,388 Millions of yen+51.0%
Air Energy Revenue
10,093 Millions of yen+17.4%
Coatings revenue
7,528 Millions of yen+40.4%
Other revenue
156 Millions of yen-44.0%
Full-year earnings forecast
Net Sales
60,700 Millions of yen
Operating profit
5,400 Millions of yen
Ordinary income
6,460 Millions of yen
Net income
3,950 Millions of yen
Air Energy Revenue
36,350 Millions of yen
Coatings revenue
23,350 Millions of yen
Other revenue
1,000 Millions of yen
Air Energy Operating Profit
3,150 Millions of yen
Coatings operating profit
2,430 Millions of yen
Other operating profit
-180 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。
Net Sales51.9 %
Operating profit67.1 %
Ordinary income65.7 %
Net income67 %
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Versus the first-half forecast (revised on 10 August): net sales +3.2%, operating income +20.8%, ordinary income +11.6%, net income +15.1%Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Net SalesCompressors +¥2,032 million, vacuum equipment +¥268 million, painting equipment +¥1,195 million, coating equipment +¥1,773 million, Other -¥116 million
Operating profit bridge
Operating profit in the previous fiscal year2,511 Millions of yen
Revenue up3,267 Millions of yen
Revenue foreign exchange1,886 Millions of yen
Costs-1,774 Millions of yen
Cost of sales foreign exchange-1,208 Millions of yen
Selling, general and administrative expenses-485 Millions of yen
SG&A foreign exchange-575 Millions of yen
Actual operating profit3,623 Millions of yen
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
JPY/USD151.5
JPY/EUR175
JPY/CNY21
New initiatives
- Opening of the Production Technology Development Center (MIC)
- DX implementation at factories and in-house production of core processes and key components
- Consideration of expanding the use of AI
- New oil-free medium-sized compressor scheduled for launch during fiscal 2026
- Pilot introduction of CUBIC LINE and solvent-free UV coating
Segment results
Air Energy
Net Sales
18,111 Millions of yen+14.5%
Operating profit
1,965 Millions of yen+39.5%
Coating
Net Sales
13,052 Millions of yen+29.5%
Operating profit
1,776 Millions of yen+43.6%
Other
Net Sales
315 Millions of yen-27.0%
Operating profit
-118 Millions of yen
Medium-term management plan targets
PeriodFiscal years ending March 2026 to March 2028
DOE7.0～7.5%
Acquisition of treasury sharesApproximately ¥3.0 billion to ¥3.5 billion
Capital expenditures
¥1,494 million Q2 actual
Full-year plan3,910
Progress against full-year forecast38.2
Annual Dividend
Fiscal year ending March 2027
Interim43 Yen
End of period50 Yen
Annual93 Yen
Payout ratio
Not disclosed (a DOE of 7.0–7.5% has been set as the return metric)Acquisition of treasury shares
Transaction size¥3–3.5 billion
CompletedApproximately ¥1.5 billion
PeriodCurrent medium-term management plan period
| Item | Details |
|---|---|
| Document type | Supplementary Materials to the Earnings Report |
| Fiscal Period Covered | Second quarter of the fiscal year ending March 2027 |
| Net Sales | 31,478 Millions of yen (YoY +19.6%) |
| Operating profit | 3,623 Millions of yen (YoY +44.3%) |
| Ordinary income | 4,241 Millions of yen (YoY +28.7%) |
| Net income | ¥2,647 million (net income attributable to owners of the parent) (YoY +22.5%) |
| Gross Profit Margin | 45.7 |
| Operating profit margin | 11.5 |
| Selling, general and administrative expenses | 10,776 Millions of yen |
| Results for the three months of the current quarter | Net Sales 17,778 Millions of yen (YoY +24.9%) / Operating profit 2,388 Millions of yen (YoY +51.0%) / Air Energy Revenue 10,093 Millions of yen (YoY +17.4%) / Coatings revenue 7,528 Millions of yen (YoY +40.4%) / Other revenue 156 Millions of yen (YoY -44.0%) |
| Full-year earnings forecast | Net Sales 60,700 Millions of yen / Operating profit 5,400 Millions of yen / Ordinary income 6,460 Millions of yen / Net income 3,950 Millions of yen / Air Energy Revenue 36,350 Millions of yen / Coatings revenue 23,350 Millions of yen / Other revenue 1,000 Millions of yen / Air Energy Operating Profit 3,150 Millions of yen / Coatings operating profit 2,430 Millions of yen / Other operating profit -180 Millions of yen |
| Progress against full-year forecast | Net Sales 51.9 % / Operating profit 67.1 % / Ordinary income 65.7 % / Net income 67 % |
| Self-assessment against the plan | Versus the first-half forecast (revised on 10 August): net sales +3.2%, operating income +20.8%, ordinary income +11.6%, net income +15.1% |
| Segment results | Air Energy Net Sales 18,111 Millions of yen (YoY +14.5%) / Operating profit 1,965 Millions of yen (YoY +39.5%) / Coating Net Sales 13,052 Millions of yen (YoY +29.5%) / Operating profit 1,776 Millions of yen (YoY +43.6%) / Other Net Sales 315 Millions of yen (YoY -27.0%) / Operating profit -118 Millions of yen |
| Breakdown of Factors Affecting the Change | Net Sales Compressors +¥2,032 million, vacuum equipment +¥268 million, painting equipment +¥1,195 million, coating equipment +¥1,773 million, Other -¥116 million / Operating profit bridge Operating profit in the previous fiscal year 2,511 Millions of yen / Revenue up 3,267 Millions of yen / Revenue foreign exchange 1,886 Millions of yen / Costs -1,774 Millions of yen / Cost of sales foreign exchange -1,208 Millions of yen / Selling, general and administrative expenses -485 Millions of yen / SG&A foreign exchange -575 Millions of yen / Actual operating profit 3,623 Millions of yen |
| Assumptions Underlying the Business Outlook | JPY/USD 151.5 / JPY/EUR 175 / JPY/CNY 21 |
| Medium-term management plan targets | Period Fiscal years ending March 2026 to March 2028 / DOE 7.0～7.5% / Acquisition of treasury shares Approximately ¥3.0 billion to ¥3.5 billion |
| Annual Dividend | Fiscal year ending March 2027 Interim 43 Yen / End of period 50 Yen / Annual 93 Yen |
| Payout ratio | Not disclosed (a DOE of 7.0–7.5% has been set as the return metric) |
| Acquisition of treasury shares | Transaction size ¥3–3.5 billion / Completed Approximately ¥1.5 billion / Period Current medium-term management plan period |
| Capital expenditures | ¥1,494 million (Q2 actual) |
| New initiatives | Opening of the Production Technology Development Center (MIC), DX implementation at factories and in-house production of core processes and key components, Consideration of expanding the use of AI, New oil-free medium-sized compressor scheduled for launch during fiscal 2026, Pilot introduction of CUBIC LINE and solvent-free UV coating |
Items this document does not state (9)
Key KPIsUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookFinancial targetsOrders 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 addition to increased sales of compressors in the Americas and India, coating equipment in Japan, and painting equipment in Europe and North America, the consolidation of SANWA and price increases contributed to higher sales. Operating income increased due to higher gross profit from sales growth, tighter cost management following the transition to an area-based management structure, and an improved SG&A ratio.
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.