Worth reading
61In focus
Scored from 5 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
60.7
% (year-on-year increase in operating profit)Wording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)1 December 2025–31 May 2026ConsolidatedJapanese GAAPNet Sales124,832¥ millionYear on year +7.7%Progress 49.0%
Operating profit6,769¥ millionYear on year +60.7%Progress 44.2%
Ordinary income6,130¥ millionYear on year +107.3%Progress 46.1%
Net income attributable to owners of the parent3,395¥ millionYear on year +81.0%
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¥155.86
Financial position at period-end
Total assets342,515¥ million
of which net assets 181,592 ¥ millionEquity ratio 51.9%vs. prior year-end +0.4pt
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-465
Investment-7,527
Financials+7,913
Net change-79
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¥29,791 million
Segment revenue
Machinery and Tools39,01031.3%+5.2%
Components76,81761.5%+7.5%
Other9,0047.2%+22.7%
Segment profit
Machinery and Tools2,19132.7%+32.9%
Components3,73855.7%+70.5%
Other77911.6%+126.2%
Regional sales
Domestic58,90447.2%+2.9%
Overseas expansion65,92752.8%+12.4%
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥255,000 million (YoY +8.1%)
Operating profit¥15,300 million (YoY +56.6%)
Ordinary income¥13,300 million (YoY +58.9%)
Profit attributable to owners of the parent¥7,500 million (YoY +42.8%)
Revision to Earnings ForecastNet Sales Not disclosed → ¥255,000 million / Operating profit Not disclosed → ¥15,300 million / Ordinary income Not disclosed → ¥13,300 million / Profit attributable to owners of the parent Not disclosed → ¥7,500 million
Annual Dividend Forecast¥100 per share → ¥110 per share（+10.0%）
Factors Behind Changes in Business Performance
Net sales increased as demand recovered in the construction machinery sector and the ASEAN aftermarket sector, and demand increased in the Americas industrial machinery sector. Profit improved through fixed-cost reductions from structural reforms, passing costs on to selling prices, automation and streamlining of production lines, and procurement cost reductions.
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 Yes見積りの変更 No修正再表示 No
Changes in the scope of consolidationAdded: 0 companies; excluded: 0 companies
Impairment loss¥178 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥20 million / Gain on sale of investment securities ¥46 million / Extraordinary loss Loss on sale of fixed assets ¥0 million / Loss on Disposal of Fixed Assets ¥72 million / Impairment Losses on Shares of Affiliates ¥24 million / Impairment loss ¥178 million / Restructuring Costs ¥810 million / Other ¥0 million
Depreciation and amortization¥8,852 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (for institutional investors and analysts)
Issued Shares at Period-End24,919,343
Treasury Shares at Period-End3,123,106
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 December 2025–31 May 2026 |
| Net Sales | ¥124,832 million (YoY +7.7%) |
| Operating profit | ¥6,769 million (YoY +60.7%) |
| Ordinary income | ¥6,130 million (YoY +107.3%) |
| Profit attributable to owners of the parent | ¥3,395 million (YoY +81.0%) |
| Net income per share | ¥155.86 |
| Equity ratio | End of the current fiscal period 51.9% / End of previous period 51.5% |
| Total assets | ¥342,515 million |
| Net assets | ¥181,592 million |
| Cash flows from operating activities | ¥-465 million |
| Cash flows from investing activities | ¥-7,527 million |
| Cash flows from financing activities | ¥7,913 million |
| Cash and cash equivalents at end of period | ¥29,791 million |
| Full-year earnings forecast | Net Sales ¥255,000 million (YoY +8.1%) / Operating profit ¥15,300 million (YoY +56.6%) / Ordinary income ¥13,300 million (YoY +58.9%) / Profit attributable to owners of the parent ¥7,500 million (YoY +42.8%) |
| Revision to Earnings Forecast | Net Sales Not disclosed → ¥255,000 million / Operating profit Not disclosed → ¥15,300 million / Ordinary income Not disclosed → ¥13,300 million / Profit attributable to owners of the parent Not disclosed → ¥7,500 million |
| Annual Dividend Forecast | ¥100 per share → ¥110 per share（+10.0%） |
| Segment revenue | Machinery and Tools ¥39,010 million (YoY +5.2%) / Components ¥76,817 million (YoY +7.5%) / Other ¥9,004 million (YoY +22.7%) |
| Segment profit | Machinery and Tools ¥2,191 million (YoY +32.9%) / Components ¥3,738 million (YoY +70.5%) / Other ¥779 million (YoY +126.2%) |
| Regional sales | Domestic ¥58,904 million (YoY +2.9%) / Overseas expansion ¥65,927 million (YoY +12.4%) |
| Depreciation and amortization | ¥8,852 million |
| Impairment loss | ¥178 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥20 million / Gain on sale of investment securities ¥46 million / Extraordinary loss Loss on sale of fixed assets ¥0 million / Loss on Disposal of Fixed Assets ¥72 million / Impairment Losses on Shares of Affiliates ¥24 million / Impairment loss ¥178 million / Restructuring Costs ¥810 million / Other ¥0 million |
| Disclosure regarding the going concern assumption | No applicable matters |
| Change in accounting policy | Changes due to revisions to standards No / Other changes Yes / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | Added: 0 companies; excluded: 0 companies |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Available (for institutional investors and analysts) |
| Issued Shares at Period-End | 24,919,343 |
| Treasury Shares at Period-End | 3,123,106 |
| Factors Behind Changes in Business Performance | Net sales increased as demand recovered in the construction machinery sector and the ASEAN aftermarket sector, and demand increased in the Americas industrial machinery sector. Profit improved through fixed-cost reductions from structural reforms, passing costs on to selling prices, automation and streamlining of production lines, and procurement cost reductions. |
Items this document does not state (5)
Operating MarginPayout ratioShareholder Return PolicyOrders received and order backlogMaterial subsequent events
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.Demand for construction machinery, mainly in Europe, the United States and China, and demand in the aftermarket sector in ASEAN recovered, while demand in the industrial machinery sector in the Americas also increased. On the profit front, the company worked to reduce fixed costs through structural reforms, pass higher raw material costs on to selling prices, automate and streamline production lines, and reduce procurement costs.
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.