Worth reading
70In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Improvement
Direction inferred from the company’s description.Scale
16
% (year-on-year change in revenue)Wording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)1 March 2026 to 31 August 2026ConsolidatedJapanese GAAPNet Sales132,383¥ millionYear on year +16.0%Progress 50.7%
Operating profit24,198¥ millionYear on year +3.4%Progress 54.4%
Ordinary income25,122¥ millionYear on year +6.0%Progress 56.8%
Net income attributable to owners of the parent18,129¥ millionYear on year +6.3%
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¥392.40
Financial position at period-end
Total assets236,918¥ million
of which net assets 198,715 ¥ millionEquity ratio 83.9%vs. prior year-end +0.9pt
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.
Cash inflows and outflows
Operating-11,113
Investment-1,113
Financials-9,714
Net change-21,940
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Cash and cash equivalents at end of period¥34,243 million
Segment revenueJapan ¥37,362 million (YoY +4.6%), United States ¥75,377 million (YoY +18.5%), United Kingdom ¥13,571 million (YoY +39.1%), France ¥6,068 million (YoY +20.1%), China ¥4 million (YoY +48.6%)
Segment profitJapan ¥17,344 million (YoY +13.9%), United States ¥4,237 million (YoY -4.3%), United Kingdom ¥890 million (YoY +22.1%), France ¥231 million (YoY -28.0%), China ¥301 million (YoY +162.2%)
Regional sales¥37,362 million (YoY +4.6%), ¥75,377 million (YoY +18.5%), ¥13,571 million (YoY +39.1%), ¥6,068 million (YoY +20.1%), ¥4 million (YoY +48.6%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥261,000 million (YoY +15.9%)
Operating profit¥44,500 million (YoY +18.1%)
Ordinary income¥44,200 million (YoY +12.8%)
Profit attributable to owners of the parent¥31,500 million (YoY +11.4%)
Revision to Earnings ForecastNet Sales Not disclosed → ¥261,000 million / Operating profit Not disclosed → ¥44,500 million / Ordinary income Not disclosed → ¥44,200 million / Profit attributable to owners of the parent Not disclosed → ¥31,500 million
Annual Dividend Forecast¥210 (change_rate is %) → ¥245 (change_rate is %)（+16.7%）
Factors Behind Changes in Business Performance
Revenue increased due to unit sales exceeding the year-earlier period, the pass-through of U.S. tariffs, higher selling prices for European distributors and the impact of the weaker yen. Higher selling freight costs resulting from U.S. tariffs and soaring crude oil prices were factors reducing profit, but operating profit increased due to higher revenue and other factors.
Disclosure regarding the going concern assumption
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 0 companies / Excluded 0 companies / Company name Not disclosed
Material subsequent eventsAt a Board of Directors meeting held on 13 October 2026, the company resolved to repurchase treasury shares. The repurchase is capped at 2.2 million shares and an aggregate acquisition cost of ¥15 billion, and will run from 14 October 2026 through 19 February 2027.
Depreciation and amortization¥1,499 million
Orders received and order backlogOrders received ¥1,459.83 hundred million (YoY +48.1%) / Order backlog ¥571.67 hundred million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable Yes / Subject person Institutional investors and securities analysts
Issued Shares at Period-End48,999,000 shares
Treasury Shares at Period-End2,785,504 shares
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 March 2026 to 31 August 2026 |
| Net Sales | ¥132,383 million (YoY +16.0%) |
| Operating profit | ¥24,198 million (YoY +3.4%) |
| Ordinary income | ¥25,122 million (YoY +6.0%) |
| Profit attributable to owners of the parent | ¥18,129 million (YoY +6.3%) |
| Net income per share | ¥392.40 |
| Equity ratio | End of the current fiscal period 83.9 / End of previous period 83 |
| Total assets | ¥236,918 million |
| Net assets | ¥198,715 million |
| Cash flows from operating activities | ¥-11,113 million |
| Cash flows from investing activities | ¥-1,113 million |
| Cash flows from financing activities | ¥-9,714 million |
| Cash and cash equivalents at end of period | ¥34,243 million |
| Full-year earnings forecast | Net Sales ¥261,000 million (YoY +15.9%) / Operating profit ¥44,500 million (YoY +18.1%) / Ordinary income ¥44,200 million (YoY +12.8%) / Profit attributable to owners of the parent ¥31,500 million (YoY +11.4%) |
| Revision to Earnings Forecast | Net Sales Not disclosed → ¥261,000 million / Operating profit Not disclosed → ¥44,500 million / Ordinary income Not disclosed → ¥44,200 million / Profit attributable to owners of the parent Not disclosed → ¥31,500 million |
| Annual Dividend Forecast | ¥210 (change_rate is %) → ¥245 (change_rate is %)（+16.7%） |
| Segment revenue | Japan ¥37,362 million (YoY +4.6%), United States ¥75,377 million (YoY +18.5%), United Kingdom ¥13,571 million (YoY +39.1%), France ¥6,068 million (YoY +20.1%), China ¥4 million (YoY +48.6%) |
| Segment profit | Japan ¥17,344 million (YoY +13.9%), United States ¥4,237 million (YoY -4.3%), United Kingdom ¥890 million (YoY +22.1%), France ¥231 million (YoY -28.0%), China ¥301 million (YoY +162.2%) |
| Regional sales | ¥37,362 million (YoY +4.6%), ¥75,377 million (YoY +18.5%), ¥13,571 million (YoY +39.1%), ¥6,068 million (YoY +20.1%), ¥4 million (YoY +48.6%) |
| Orders received and order backlog | Orders received ¥1,459.83 hundred million (YoY +48.1%) / Order backlog ¥571.67 hundred million |
| Depreciation and amortization | ¥1,499 million |
| Disclosure regarding the going concern assumption | 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 0 companies / Excluded 0 companies / Company name Not disclosed |
| Material subsequent events | At a Board of Directors meeting held on 13 October 2026, the company resolved to repurchase treasury shares. The repurchase is capped at 2.2 million shares and an aggregate acquisition cost of ¥15 billion, and will run from 14 October 2026 through 19 February 2027. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Whether applicable Yes / Subject person Institutional investors and securities analysts |
| Issued Shares at Period-End | 48,999,000 shares |
| Treasury Shares at Period-End | 2,785,504 shares |
| Factors Behind Changes in Business Performance | Revenue increased due to unit sales exceeding the year-earlier period, the pass-through of U.S. tariffs, higher selling prices for European distributors and the impact of the weaker yen. Higher selling freight costs resulting from U.S. tariffs and soaring crude oil prices were factors reducing profit, but operating profit increased due to higher revenue and other factors. |
Items this document does not state (5)
Operating MarginPayout ratioShareholder Return PolicyImpairment lossBreakdown of extraordinary income (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.Revenue increased due to unit sales exceeding the year-earlier period, the pass-through of U.S. tariffs, higher selling prices for European distributors and the impact of the weaker yen. On the earnings side, higher selling freight costs resulting from U.S. tariffs and soaring crude oil prices were factors reducing profit, but operating profit increased due to higher revenue and other factors.
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.