Worth reading
55In focus
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
538
million yen (decrease in operating profit)Wording
Conditional
How definitive the wording is.Contents of this document
Earnings presentation materialsThird quarter of the fiscal year ending December 202611 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥23,450 million+3.9%
Operating profit¥865 million-38.3%
Ordinary income¥912 million-33.1%
Net income¥606 million-34.9%
Gross Profit Margin17.1%
Operating profit margin3.7%
Selling, general and administrative expenses¥3,155 million
Full-year earnings forecast
Net Sales
¥37,000 million
Operating profit
¥2,350 million
Net income
¥1,600 million
What the company explained in this material
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Back-loaded plan. Order backlog at the end of the third quarter was ¥12,012 million. Numerical assumptions for foreign exchange rates, raw material prices and interest rates are Not disclosed.New initiatives
- Strategic business alliance with 株式会社コンランショップ・ジャパン
- Expanding sales opportunities in the corporate market, joint proposals for space-construction projects, and joint development of products and services
- Strengthening the workforce through career hiring and other measures to support growth
Key KPIsA metric the company considers important as a management benchmark.
- Order backlog¥12,012 millionYear on year against the same period last year+18.4%
- Number of employees597 people
Segment results
- Offices, leisure facilities and other areasNet Sales¥9,201 millionYear on year against the same period last year+56.0%
- Specialty storesNet Sales¥7,950 millionYear on year against the same period last year-4.7%
- Large-format stores and complex commercial facilitiesNet Sales¥6,675 millionYear on year against the same period last year-23.5%
Medium-term management plan targets
Target fiscal yearFY2027
Net Sales
¥40,000 million
Operating profit
¥2,500 million
Net income
¥1,700 million
Financial targets
ROEAt least 10%
Payout ratio50% or more
Orders received and order backlog
Order backlog
¥12,012 million
Number of stores and locations
Number at period-end5 overseas locations
Number of employees
Number of Employees597 people
Change during the period+55 people year on year
Annual Dividend
Annual dividend per share¥78
Payout ratio
Target of 50% or more. The 2026 plan is 52.4% (on a forecast basis).| Item | Details |
|---|---|
| Document type | Earnings presentation materials |
| Fiscal Period Covered | Third quarter of the fiscal year ending December 2026 |
| Net Sales | ¥23,450 million (YoY +3.9%) |
| Operating profit | ¥865 million (YoY -38.3%) |
| Ordinary income | ¥912 million (YoY -33.1%) |
| Net income | ¥606 million (YoY -34.9%) |
| Gross Profit Margin | 17.1% |
| Operating profit margin | 3.7% |
| Selling, general and administrative expenses | ¥3,155 million |
| Full-year earnings forecast | Net Sales ¥37,000 million / Operating profit ¥2,350 million / Net income ¥1,600 million / Ordinary income Not disclosed |
| Segment results | Segment Offices, leisure facilities and other areas / Net Sales ¥9,201 million / Year on year against the same period last year 56, Segment Specialty stores / Net Sales ¥7,950 million / Year on year against the same period last year -4.7, Segment Large-format stores and complex commercial facilities / Net Sales ¥6,675 million / Year on year against the same period last year -23.5 |
| Key KPIs | Indicator name Order backlog / Value ¥12,012 million / Year on year against the same period last year ¥18.4 million, Indicator name Number of employees / Value 597 people / Year on year against the same period last year Not disclosed |
| Number of stores and locations | Number at period-end 5 overseas locations / Number of store openings and closures during the period Not disclosed |
| Number of employees | Number of Employees 597 people / Change during the period +55 people year on year / Hiring plan Not disclosed |
| Assumptions Underlying the Business Outlook | Back-loaded plan. Order backlog at the end of the third quarter was ¥12,012 million. Numerical assumptions for foreign exchange rates, raw material prices and interest rates are Not disclosed. |
| Medium-term management plan targets | Target fiscal year FY2027 / Net Sales ¥40,000 million / Operating profit ¥2,500 million / Net income ¥1,700 million |
| Financial targets | ROE At least 10% / Payout ratio 50% or more |
| Annual Dividend | Annual dividend per share ¥78 / Interim Not disclosed / End of period Not disclosed |
| Payout ratio | Target of 50% or more. The 2026 plan is 52.4% (on a forecast basis). |
| Orders received and order backlog | Order backlog ¥12,012 million / Orders received Not disclosed |
| New initiatives | Strategic business alliance with 株式会社コンランショップ・ジャパン, Expanding sales opportunities in the corporate market, joint proposals for space-construction projects, and joint development of products and services, Strengthening the workforce through career hiring and other measures to support growth |
Items this document does not state (10)
Results for the three months of the current quarterProgress against full-year forecastSelf-assessment against the planBreakdown of Factors Affecting the ChangeUnit price and quantity metricsRisk 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 increased due in part to the completion of large-scale projects, including office and leisure facility projects. Operating profit declined due to higher labor costs associated with a 55-person year-on-year increase in the workforce, including career hires for future growth, as well as higher labor costs and construction expenses resulting from the strengthening of business-unit structures and an increase in SG&A expenses.
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.