Worth reading
75Important
Scored from 3 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
3730
¥ millionWording
Conditional
How definitive the wording is.Contents of this document
Earnings presentationFiscal year ending March 20265 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥58,947 million+7.0%
Operating profit¥4,330 million+11.0%
Net income¥4,077 million+26.0%
Operating profit margin7.3 %
Selling, general and administrative expenses¥13,882 million
Full-year earnings forecast
Net Sales
¥62,000 million
Adjusted operating profit
¥5,900 million
Adjusted operating margin
9.5 %
Profit before income taxes for the period
¥6,400 million
Profit attributable to owners of the parent
¥4,750 million
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
FY2025 operating profit
Business scale expansionApproximately +¥64 billion
Pricing improvementsApproximately +¥40 billion
Costs and expensesApproximately +¥24 billion
Transfer of subsidiary shares and other items (nonrecurring)Approximately +¥27 billion
Tariff impactApproximately -¥8 billion
Fiscal 2026 adjusted operating profit
Business scale expansionApproximately +¥53 billion
Pricing improvementsApproximately +¥45 billion
Next Stage effectApproximately +¥45 billion
Materials costsApproximately -¥54 billion
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
U.S. dollar exchange rate¥150
Euro exchange rate¥175
Chinese yuan exchange rate¥21.5
Foreign exchange sensitivity
US dollarsFor a ¥1 change: approximately ¥5 billion in revenue; operating profit is approximately one-quarter of the change in revenue
EuroFor a ¥1 change: approximately ¥4 billion in revenue; operating profit is approximately one-third of the change in revenue
RenminbiFor a ¥0.1 change: approximately ¥2 billion in revenue; operating profit is approximately one-third of the change in revenue
Key KPIsA metric the company considers important as a management benchmark.
Year-on-year change in FA systems orders for mass-production businesses
- +23%
- +15%
- +17%
- +30%
Year-on-year change in Semiconductor Devices orders for mass-production businesses
- △21%
- +5%
- +27%
- +70%
Segment results
Infrastructure
Net Sales14,634
Operating profit1,547
Year-on-year change in revenue2,384
Year-on-year operating profit growth652
Industry & Mobility
Net Sales16,738
Operating profit1,310
Year-on-year change in revenue290
Year-on-year operating profit growth484
Life
Net Sales23,182
Operating profit1,705
Year-on-year change in revenue1,330
Year-on-year operating profit growth132
Digital Innovation
Net Sales1,580
Operating profit119
Year-on-year change in revenue111
Year-on-year operating profit growth10
Semiconductor & Device
Net Sales2,871
Operating profit475
Year-on-year change in revenue7
Year-on-year operating profit growth69
Other
Net Sales8,235
Operating profit531
Year-on-year change in revenue-285
Year-on-year operating profit growth15
Risk amount incorporated into the outlookThe amount representing the range of variation the company expects in its forecast.
Materials costsApproximately -¥54 billion
Tariff impactApproximately -¥8 billion based on fiscal 2025 results
Middle East situationThe impact of higher crude oil-related raw material and logistics costs is incorporated into the earnings outlook (amount not disclosed)
| Item | Details |
|---|---|
| Document type | Earnings presentation |
| Fiscal Period Covered | Fiscal year ending March 2026 |
| Net Sales | ¥58,947 million (YoY +7.0%) |
| Operating profit | ¥4,330 million (YoY +11.0%) |
| Net income | ¥4,077 million (YoY +26.0%) |
| Operating profit margin | 7.3 % |
| Selling, general and administrative expenses | ¥13,882 million |
| Full-year earnings forecast | Net Sales ¥62,000 million / Adjusted operating profit ¥5,900 million / Adjusted operating margin 9.5 % / Profit before income taxes for the period ¥6,400 million / Profit attributable to owners of the parent ¥4,750 million |
| Segment results | Infrastructure Net Sales 14,634 / Operating profit 1,547 / Year-on-year change in revenue 2,384 / Year-on-year operating profit growth 652 / Industry & Mobility Net Sales 16,738 / Operating profit 1,310 / Year-on-year change in revenue 290 / Year-on-year operating profit growth 484 / Life Net Sales 23,182 / Operating profit 1,705 / Year-on-year change in revenue 1,330 / Year-on-year operating profit growth 132 / Digital Innovation Net Sales 1,580 / Operating profit 119 / Year-on-year change in revenue 111 / Year-on-year operating profit growth 10 / Semiconductor & Device Net Sales 2,871 / Operating profit 475 / Year-on-year change in revenue 7 / Year-on-year operating profit growth 69 / Other Net Sales 8,235 / Operating profit 531 / Year-on-year change in revenue -285 / Year-on-year operating profit growth 15 |
| Breakdown of Factors Affecting the Change | FY2025 operating profit Business scale expansion Approximately +¥64 billion / Pricing improvements Approximately +¥40 billion / Costs and expenses Approximately +¥24 billion / Transfer of subsidiary shares and other items (nonrecurring) Approximately +¥27 billion / Tariff impact Approximately -¥8 billion / Fiscal 2026 adjusted operating profit Business scale expansion Approximately +¥53 billion / Pricing improvements Approximately +¥45 billion / Next Stage effect Approximately +¥45 billion / Materials costs Approximately -¥54 billion |
| Key KPIs | Year-on-year change in FA systems orders for mass-production businesses +23%, +15%, +17%, +30% / Year-on-year change in Semiconductor Devices orders for mass-production businesses △21%, +5%, +27%, +70% |
| Assumptions Underlying the Business Outlook | U.S. dollar exchange rate ¥150 / Euro exchange rate ¥175 / Chinese yuan exchange rate ¥21.5 / Foreign exchange sensitivity US dollars For a ¥1 change: approximately ¥5 billion in revenue; operating profit is approximately one-quarter of the change in revenue / Euro For a ¥1 change: approximately ¥4 billion in revenue; operating profit is approximately one-third of the change in revenue / Renminbi For a ¥0.1 change: approximately ¥2 billion in revenue; operating profit is approximately one-third of the change in revenue |
| Risk amount incorporated into the outlook | Materials costs Approximately -¥54 billion / Tariff impact Approximately -¥8 billion based on fiscal 2025 results / Middle East situation The impact of higher crude oil-related raw material and logistics costs is incorporated into the earnings outlook (amount not disclosed) |
Items this document does not state (18)
Ordinary incomeGross Profit MarginResults for the three months of the current quarterProgress against full-year forecastSelf-assessment against the planUnit price and quantity metricsNumber of stores and locationsNumber of employeesMedium-term management plan targetsFinancial targetsAnnual DividendPayout ratioAcquisition of treasury sharesCapital expendituresOrders received and order backlogMarket Size / ShareKey points of the Q&ANew initiatives
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 fiscal 2025, revenue and profit growth was driven by the expansion of the Infrastructure and Life segments and the FA Systems business, as well as pricing improvements in the Industry & Mobility and Life segments. For fiscal 2026, the outlook incorporates expansion in the Defense and Space Systems and FA Systems businesses and the Life segment, along with pricing improvements, while also factoring in higher materials 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.