Komori
Results6490PILLAR CorporationMachinery

Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated)

For the first half of the fiscal year ending March 2027, revenue, operating profit and net income were significantly higher than in the same period of the previous fiscal year, against a backdrop including the recovery in the semiconductor market. The company raised its full-year earnings forecast, set the previously undetermined interim dividend and increased its full-year dividend forecast.

Worth reading
60In focus
Scored from 5 of 6 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
48.5
Year-on-year change in revenue (%)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026–30 September 2026ConsolidatedJapanese GAAP
Net Sales41,812¥ millionYear on year +48.5%Progress 46.5%
Operating profit11,766¥ millionYear on year +109.9%Progress 50.1%
Ordinary income11,831¥ millionYear on year +104.8%Progress 50.3%
Net income attributable to owners of the parent8,140¥ millionYear on year +101.1%Progress 49.6%

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¥356.03
Financial position at period-end
Total assets116,854¥ million
of which net assets 87,907 ¥ millionEquity ratio 75.2%vs. prior year-end 0.0pt

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+4,518
Investment-3,212
Financials-2,021
Net change-715

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¥25,083 million
Segment revenueElectronic Equipment Business ¥31,708 million (YoY +72.1%), Industrial equipment-related business ¥10,084 million (YoY +3.8%), Other (real estate leasing and other businesses) ¥19 million (YoY -4.7%)
Segment profitElectronic Equipment Business ¥10,265 million (YoY +145.6%), Industrial equipment-related business ¥1,486 million (YoY +5.3%), Other (real estate leasing and other businesses) ¥14 million (YoY +2.9%)
Regional sales¥25,879 million, ¥11,273 million, ¥4,655 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥90,000 million (YoY +51.3%)
Operating profit¥23,500 million (YoY +94.1%)
Ordinary income¥23,500 million (YoY +81.5%)
Net income¥16,400 million (YoY +83.4%)
Revision to Earnings ForecastNet Sales Not disclosed → ¥90,000 million / Operating profit Not disclosed → ¥23,500 million / Ordinary income Not disclosed → ¥23,500 million / Net income Not disclosed → ¥16,400 million
Annual Dividend Forecast130 yen (before adjustment for stock split) → 287 yen (before adjustment for stock split)(+120.8%)
Factors Behind Changes in Business Performance

Strong sales of products for semiconductor manufacturing equipment against a backdrop of the rapid recovery in the semiconductor market, higher capacity utilization accompanying the increase in revenue, strong sales of mechanical seals, and the results of cost-reduction initiatives.

Disclosure regarding the going concern assumption

None

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 Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed
Material subsequent eventsAt a meeting of the Board of Directors held on 12 November 2026, the company resolved to conduct a 3-for-1 stock split of its common shares, with 31 December 2026 as the record date and 1 January 2027 as the effective date, and to amend its Articles of Incorporation to change the number of authorized shares from 80 million to 240 million.
Impairment lossNone (material impairment losses related to fixed assets)
Depreciation and amortization¥1,798 million
Availability of Financial Results BriefingYes (for institutional investors and analysts)
Issued Shares at Period-End25,042,406
Treasury Shares at Period-End2,174,379
Supplementary financial results materialsYes
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026–30 September 2026
Net Sales¥41,812 million (YoY +48.5%)
Operating profit¥11,766 million (YoY +109.9%)
Ordinary income¥11,831 million (YoY +104.8%)
Profit attributable to owners of the parent¥8,140 million (YoY +101.1%)
Net income per share¥356.03
Equity ratioEnd of the current fiscal period 75.2 / End of previous period 75.2
Total assets¥116,854 million
Net assets¥87,907 million
Cash flows from operating activities¥4,518 million
Cash flows from investing activities¥-3,212 million
Cash flows from financing activities¥-2,021 million
Cash and cash equivalents at end of period¥25,083 million
Full-year earnings forecastNet Sales ¥90,000 million (YoY +51.3%) / Operating profit ¥23,500 million (YoY +94.1%) / Ordinary income ¥23,500 million (YoY +81.5%) / Net income ¥16,400 million (YoY +83.4%)
Revision to Earnings ForecastNet Sales Not disclosed → ¥90,000 million / Operating profit Not disclosed → ¥23,500 million / Ordinary income Not disclosed → ¥23,500 million / Net income Not disclosed → ¥16,400 million
Annual Dividend Forecast130 yen (before adjustment for stock split) → 287 yen (before adjustment for stock split)(+120.8%)
Segment revenueElectronic Equipment Business ¥31,708 million (YoY +72.1%), Industrial equipment-related business ¥10,084 million (YoY +3.8%), Other (real estate leasing and other businesses) ¥19 million (YoY -4.7%)
Segment profitElectronic Equipment Business ¥10,265 million (YoY +145.6%), Industrial equipment-related business ¥1,486 million (YoY +5.3%), Other (real estate leasing and other businesses) ¥14 million (YoY +2.9%)
Regional sales¥25,879 million, ¥11,273 million, ¥4,655 million
Depreciation and amortization¥1,798 million
Impairment lossNone (material impairment losses related to fixed assets)
Disclosure regarding the going concern assumptionNone
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No
Changes in the scope of consolidationNew Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed
Material subsequent eventsAt a meeting of the Board of Directors held on 12 November 2026, the company resolved to conduct a 3-for-1 stock split of its common shares, with 31 December 2026 as the record date and 1 January 2027 as the effective date, and to amend its Articles of Incorporation to change the number of authorized shares from 80 million to 240 million.
Supplementary financial results materialsYes
Availability of Financial Results BriefingYes (for institutional investors and analysts)
Issued Shares at Period-End25,042,406
Treasury Shares at Period-End2,174,379
Factors Behind Changes in Business PerformanceStrong sales of products for semiconductor manufacturing equipment against a backdrop of the rapid recovery in the semiconductor market, higher capacity utilization accompanying the increase in revenue, strong sales of mechanical seals, and the results of cost-reduction initiatives.
Items this document does not state (5)
Operating MarginPayout ratioShareholder Return PolicyOrders received and order backlogBreakdown 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.

In the electronic equipment-related business, sales of products for semiconductor manufacturing equipment were strong against a backdrop of the rapid recovery in the semiconductor market, and operating profit increased due to higher capacity utilization accompanying the increase in revenue, among other factors. In the industrial equipment-related business, sales of mechanical seals were strong. Despite increases in raw material prices and labor costs, profit increased as a result of cost-reduction initiatives. The company cited results for the first six months of the fiscal year exceeding expectations and the current business environment as reasons for revising its full-year forecast.

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.
Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated) | PILLAR Corporation (6490) timely disclosure | Komori