Komori
Earnings presentation6417SANKYO CO.,LTD.Machinery

Earnings Presentation Materials for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027

In the first half of the fiscal year ending March 2027, revenue and profit declined due to lower unit sales of pachinko machines. Higher revenue and profit in the pachislot machine-related business partly offset the decline, and progress for the full year is generally in line with the plan.

Worth reading
75Important
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
-19384
¥ million (year-on-year change in revenue)
Wording
Conditional
How definitive the wording is.

Contents of this document

Earnings presentationSecond quarter (interim period) of the fiscal year ending March 202713 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥81,025 million-19.3%
Operating profit¥27,307 million-30.0%
Ordinary income¥28,428 million-28.8%
Net income¥20,499 million-28.8%
Gross Profit Margin59.6 % and year-on-year change in percentage points
Operating profit margin33.7 % and year-on-year change in percentage points
Selling, general and administrative expenses¥21,022 million
Results for the three months of the current quarter
Net Sales
¥47,454 million
Operating profit
¥16,811 million
Ordinary income
¥17,320 million
Net income
¥12,425 million
Full-year earnings forecast
Net Sales
¥174,000 million
Operating profit
¥56,000 million
Ordinary income
¥58,000 million
Net income
¥40,000 million
Net Sales from the Pachinko Machine-Related Business
¥98,300 million
Net Sales from the Pachislot Machine-Related Business
¥62,100 million
Operating Profit from the Pachinko Machine-Related Business
¥34,400 million
Operating Profit from the Pachislot Machine-Related Business
¥28,900 million
Pachinko machine unit sales
225,500 terminals
Pachislot machine unit sales
127,000 terminals
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 Sales46.6 %
Operating profit48.8 %
Ordinary income49 %
Net income51.2 %
Pachinko machine unit sales46.6 %
Pachislot machine unit sales36.3 %
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Generally in line with plan
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Net Sales
Pachinko machine-related business¥-24,852 million
Pachislot machine-related business¥7,748 million
Supply equipment-related business¥-2,293 million
Other Businesses¥15 million
Operating profit
Pachinko machine-related business¥-16,378 million
Pachislot machine-related business¥5,463 million
Supply equipment-related business¥-299 million
Higher Advertising Expenses¥-525 million
Decrease in sales commissions¥20 million
Decline in R&D Expenditure¥203 million
Increase in salaries and allowances¥-19 million
Other¥-196 million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Pachinko Market Unit Sales, April–September 2026
370,000 terminals
Pachislot Market Unit Sales, April–September 2026
350,000 terminals
FY2026 Pachinko Market Unit Sales Forecast
700,000 terminals
FY2026 Pachislot Market Unit Sales Forecast
750,000 terminals
New initiatives
  • Making 株式会社A-gon a subsidiary through the acquisition of its shares
  • Launch of “P WING BASTARD!! -The Dark God of Destruction-,” the first product initiative under the “KUGITAMA” project
  • “KUGITAMA YELL” low-priced rental plan from ¥20,000 per month, excluding tax
  • Commencement of operations of the solar power generation equipment installed on the roof of the Sanwa plant
  • Employee stock ownership plan incentive rate changed from 5% to 15%
Key KPIsA metric the company considers important as a management benchmark.
  • Pachinko machine unit sales105,094 terminals-34.4%
  • Pachislot machine unit sales46,128 terminals+12.7%
  • Number of new pachinko machine titles5 Title
  • Number of new pachislot machine titles3 Title
  • Cumulative simulator game plays160,000 times
Unit price and quantity metricsThese figures show sales broken down by price and volume.
Pachinko machine-related business
Unit sales
105,094 terminals-34.4%
Pricing factor
¥-780 million
Pachislot machine-related business
Unit sales
46,128 terminals+12.7%
Pricing factor
¥1,976 million
Segment results
Pachinko machine-related business
Net Sales
¥50,001 million-33.2%
Operating profit
¥19,496 million-44.8%
Unit sales
105,094 terminals-34.4%
Pachislot machine-related business
Net Sales
¥25,082 million+44.7%
Operating profit
¥11,492 million+70.5%
Unit sales
46,128 terminals+12.7%
Supply equipment-related business
Net Sales
¥5,733 million-28.6%
Operating profit
¥329 million-46.7%
Financial targets
Actual ROE
17.6 %
Market Size / Share
Pachinko Market, April–September 2026
370,000 terminals-15.3%
Pachislot Market, April–September 2026
350,000 terminals+14.6%
Pachinko Machine Market Share TargetTop market share for 5 consecutive fiscal periods
Pachislot Machine Market PositionOne of the leading companies
Number of employees
Number of Employees917 people
Year-on-year change9 people
Development Headcount287 people
Capital expenditures
¥1,566 million
Annual Dividend
Current-period forecast
Interim50 yen/share
End of period50 yen/share
Annual total100 yen/share
Interim dividend history50 yen/share
Payout ratio
50 %
DOE
5 %
Contents of this document
ItemDetails
Document typeEarnings presentation
Fiscal Period CoveredSecond quarter (interim period) of the fiscal year ending March 2027
Net Sales¥81,025 million (YoY -19.3%)
Operating profit¥27,307 million (YoY -30.0%)
Ordinary income¥28,428 million (YoY -28.8%)
Net income¥20,499 million (YoY -28.8%)
Gross Profit Margin59.6 % and year-on-year change in percentage points
Operating profit margin33.7 % and year-on-year change in percentage points
Selling, general and administrative expenses¥21,022 million
Results for the three months of the current quarterNet Sales ¥47,454 million / Operating profit ¥16,811 million / Ordinary income ¥17,320 million / Net income ¥12,425 million
Full-year earnings forecastNet Sales ¥174,000 million / Operating profit ¥56,000 million / Ordinary income ¥58,000 million / Net income ¥40,000 million / Net Sales from the Pachinko Machine-Related Business ¥98,300 million / Net Sales from the Pachislot Machine-Related Business ¥62,100 million / Operating Profit from the Pachinko Machine-Related Business ¥34,400 million / Operating Profit from the Pachislot Machine-Related Business ¥28,900 million / Pachinko machine unit sales 225,500 terminals / Pachislot machine unit sales 127,000 terminals
Progress against full-year forecastNet Sales 46.6 % / Operating profit 48.8 % / Ordinary income 49 % / Net income 51.2 % / Pachinko machine unit sales 46.6 % / Pachislot machine unit sales 36.3 %
Self-assessment against the planGenerally in line with plan
Segment resultsPachinko machine-related business Net Sales ¥50,001 million (YoY -33.2%) / Operating profit ¥19,496 million (YoY -44.8%) / Unit sales 105,094 terminals (YoY -34.4%) / Pachislot machine-related business Net Sales ¥25,082 million (YoY +44.7%) / Operating profit ¥11,492 million (YoY +70.5%) / Unit sales 46,128 terminals (YoY +12.7%) / Supply equipment-related business Net Sales ¥5,733 million (YoY -28.6%) / Operating profit ¥329 million (YoY -46.7%)
Breakdown of Factors Affecting the ChangeNet Sales Pachinko machine-related business ¥-24,852 million / Pachislot machine-related business ¥7,748 million / Supply equipment-related business ¥-2,293 million / Other Businesses ¥15 million / Operating profit Pachinko machine-related business ¥-16,378 million / Pachislot machine-related business ¥5,463 million / Supply equipment-related business ¥-299 million / Higher Advertising Expenses ¥-525 million / Decrease in sales commissions ¥20 million / Decline in R&D Expenditure ¥203 million / Increase in salaries and allowances ¥-19 million / Other ¥-196 million
Key KPIsPachinko machine unit sales 105,094 terminals (YoY -34.4%), Pachislot machine unit sales 46,128 terminals (YoY +12.7%), Number of new pachinko machine titles 5 Title, Number of new pachislot machine titles 3 Title, Cumulative simulator game plays 160,000 times
Unit price and quantity metricsPachinko machine-related business Unit sales 105,094 terminals (YoY -34.4%) / Pricing factor ¥-780 million / Pachislot machine-related business Unit sales 46,128 terminals (YoY +12.7%) / Pricing factor ¥1,976 million
Number of employeesNumber of Employees 917 people / Year-on-year change 9 people / Development Headcount 287 people
Assumptions Underlying the Business OutlookPachinko Market Unit Sales, April–September 2026 370,000 terminals / Pachislot Market Unit Sales, April–September 2026 350,000 terminals / FY2026 Pachinko Market Unit Sales Forecast 700,000 terminals / FY2026 Pachislot Market Unit Sales Forecast 750,000 terminals
Financial targetsActual ROE 17.6 % / Financial targets Not disclosed
Annual DividendCurrent-period forecast Interim 50 yen/share / End of period 50 yen/share / Annual total 100 yen/share / Interim dividend history 50 yen/share
Payout ratio50 %
Capital expenditures¥1,566 million
Market Size / SharePachinko Market, April–September 2026 370,000 terminals (YoY -15.3%) / Pachislot Market, April–September 2026 350,000 terminals (YoY +14.6%) / Pachinko Machine Market Share Target Top market share for 5 consecutive fiscal periods / Pachislot Machine Market Position One of the leading companies
New initiativesMaking 株式会社A-gon a subsidiary through the acquisition of its shares, Launch of “P WING BASTARD!! -The Dark God of Destruction-,” the first product initiative under the “KUGITAMA” project, “KUGITAMA YELL” low-priced rental plan from ¥20,000 per month, excluding tax, Commencement of operations of the solar power generation equipment installed on the roof of the Sanwa plant, Employee stock ownership plan incentive rate changed from 5% to 15%
Items this document does not state (6)
Number of stores and locationsRisk amount incorporated into the outlookMedium-term management plan targetsAcquisition 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 the pachinko machine-related business, unit sales declined from the same period of the previous year, and the pachinko market remained cautious about introducing new machines. In the pachislot machine-related business, unit sales increased on strong machine utilization, resulting in higher revenue and profit.

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