Worth reading
51Recurring
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
135
¥ million (year-on-year decrease in operating profit)Wording
Conditional
How definitive the wording is.Contents of this document
Financial Results PresentationFirst quarter of the fiscal year ending December 202612 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales7,485 Millions of yen+98.5%
Operating profit417 Millions of yen+75.6%
Ordinary income467 Millions of yen+84.0%
Net income311 Millions of yen+82.3%
Selling, general and administrative expenses1,074 Millions of yen
Gross Profit Margin19.9% (19.6% in the same quarter of the previous year, +0.3 percentage points)
Operating profit margin5.6% (7.3% in the same quarter of the previous year, -1.7 percentage points)
Full-year earnings forecast
Net Sales
37,000 Millions of yen
Operating profit
2,350 Millions of yen
Net income for the current fiscal year
1,600 Millions of yen
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Progress in line with planBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Reaction to the recording of the large-scale Fukuoka Airport project in the same quarter of the previous yearDetailsDecrease in revenue
- Cost management through close coordination with partner companies and early orderingDetailsImprovement in cost ratio
- Increased staffing and other measures associated with strengthening the organization for growthDetailsIncrease in selling, general and administrative expenses and personnel expenses
New initiatives
- Strategic sales activities focused on large-scale projects in offices, leisure facilities and other areas
- Interior design and construction for KAWAII MONSTER LAND -HARAJUKU-
- Construction of the overseas location for Ginza Sushi Arai Singapore
- Planning and production of furniture co-created with Yamaha Motor Co., Ltd. (second project)
- Growth investments under Medium-Term Management Plan 2027, including the opening of the Ethical Innovation Hub, establishment of the Supply Chain Strategy Office and M&A
Key KPIsA metric the company considers important as a management benchmark.
- Order backlog at the end of the first quarter8,841 Millions of yenYear on year against the same period last year+5.5% (+¥463 million)
- Year-on-year change in order backlog at the end of the first quarter4.9 %
- Number of entries for the iF Design Award 202610,000 Cases or more
- Number of countries and regions represented by entries68 countries and regions
Segment results
Offices, leisure facilities and other areas
Net Sales
2025 Q12,578 Millions of yen
2026 Q13,150 Millions of yen
Year on year against the same period last year+122.0%
Large-format stores and complex commercial facilities
Net Sales
2025 Q12,809 Millions of yen
2026 Q12,197 Millions of yen
Specialty stores
Net Sales
2025 Q12,215 Millions of yen
2026 Q12,137 Millions of yen
Medium-term management plan targets
Final year of Medium-Term Management Plan 2027 (fiscal year 2027)
Net Sales
¥400 million
Operating profit
¥25 million
Net income
¥17 million
Financial targets
ROE10% or higher
Payout ratio50% or higher
Orders received and order backlog
Order backlog
8,841 Millions of yen
Year on year against the same period last year+5.5% (+¥463 million)
Compared with the end of December 2025+4.9% (+¥412 million)
Number of stores and locations
5 overseas locations. Number of openings and closures during the period: Not disclosedNumber of employees
554 People
As ofEnd of December 2025
Annual Dividend
2026 plan
¥78 per share
Payout ratio
2026 plan52.4 %
Medium-term management plan targets50% or higher
| Item | Details |
|---|---|
| Document type | Financial Results Presentation |
| Fiscal Period Covered | First quarter of the fiscal year ending December 2026 |
| Net Sales | 7,485 Millions of yen (YoY +98.5%) |
| Operating profit | 417 Millions of yen (YoY +75.6%) |
| Ordinary income | 467 Millions of yen (YoY +84.0%) |
| Net income | 311 Millions of yen (YoY +82.3%) |
| Gross Profit Margin | 19.9% (19.6% in the same quarter of the previous year, +0.3 percentage points) |
| Operating profit margin | 5.6% (7.3% in the same quarter of the previous year, -1.7 percentage points) |
| Selling, general and administrative expenses | 1,074 Millions of yen |
| Full-year earnings forecast | Net Sales 37,000 Millions of yen / Operating profit 2,350 Millions of yen / Net income for the current fiscal year 1,600 Millions of yen |
| Self-assessment against the plan | Progress in line with plan |
| Segment results | Offices, leisure facilities and other areas Net Sales 2025 Q1 2,578 Millions of yen / 2026 Q1 3,150 Millions of yen / yoy_pct 122 Millions of yen / Large-format stores and complex commercial facilities Net Sales 2025 Q1 2,809 Millions of yen / 2026 Q1 2,197 Millions of yen / Specialty stores Net Sales 2025 Q1 2,215 Millions of yen / 2026 Q1 2,137 Millions of yen |
| Breakdown of Factors Affecting the Change | Factors Reaction to the recording of the large-scale Fukuoka Airport project in the same quarter of the previous year / Details Decrease in revenue, Factors Cost management through close coordination with partner companies and early ordering / Details Improvement in cost ratio, Factors Increased staffing and other measures associated with strengthening the organization for growth / Details Increase in selling, general and administrative expenses and personnel expenses |
| Key KPIs | Order backlog at the end of the first quarter 8,841 Millions of yen, Year-on-year change in order backlog at the end of the first quarter 4.9 %, Number of entries for the iF Design Award 2026 10,000 Cases or more, Number of countries and regions represented by entries 68 countries and regions |
| Number of stores and locations | 5 overseas locations. Number of openings and closures during the period: Not disclosed |
| Number of employees | 554 People |
| Medium-term management plan targets | Subject Final year of Medium-Term Management Plan 2027 (fiscal year 2027) / Net Sales ¥400 million / Operating profit ¥25 million / Net income ¥17 million |
| Financial targets | ROE 10% or higher / Payout ratio 50% or higher |
| Annual Dividend | 2026 plan ¥78 per share / Interim and Year-End Breakdown Not disclosed |
| Payout ratio | 2026 plan 52.4 % / Medium-term management plan targets 50% or higher |
| Orders received and order backlog | Order backlog 8,841 Millions of yen / Orders received Not disclosed |
| New initiatives | Strategic sales activities focused on large-scale projects in offices, leisure facilities and other areas, Interior design and construction for KAWAII MONSTER LAND -HARAJUKU-, Construction of the overseas location for Ginza Sushi Arai Singapore, Planning and production of furniture co-created with Yamaha Motor Co., Ltd. (second project), Growth investments under Medium-Term Management Plan 2027, including the opening of the Ethical Innovation Hub, establishment of the Supply Chain Strategy Office and M&A |
Items this document does not state (9)
Results for the three months of the current quarterProgress against full-year forecastUnit price and quantity metricsAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookAcquisition of treasury sharesCapital expendituresMarket Size / ShareKey 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.Revenue declined due to the reaction to the large-scale Fukuoka Airport project recorded in the same quarter of the previous year. Operating profit decreased because selling, general and administrative expenses rose, mainly due to increased staffing associated with strengthening the organization to support future revenue growth. Meanwhile, the cost ratio improved as a result of close coordination with partner companies and cost management through early ordering.
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.