Worth reading
56In focus
Scored from 5 of 6 sectionsDirection
Deterioration
Direction inferred from the company’s description.Scale
-1821
¥ millions (year-on-year change in operating income)Wording
Conditional
How definitive the wording is.Contents of this document
Supplementary materials to the earnings summarySecond quarter of the fiscal year ending March 20274 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥86,265 million+9.9%
Operating profit¥1,541 million-54.2%
Ordinary income¥948 million-61.1%
Net income¥-244 million interim net income attributable to owners of the parent
Operating profit margin
Rate1.8%
Results for the three months of the current quarter
Net Sales
¥43,484 million
Operating profit
¥603 million
Operating profit margin1.4%
Full-year earnings forecast
Net Sales
¥167,000 million
Operating profit
¥5,500 million
Ordinary income
¥3,500 million
Profit attributable to owners of the parent
¥1,500 million
Progress against full-year forecast 通期の予想に対して、いまどこまで進んだかの割合です。
Net Sales51.7%
Operating profit28.0%
Ordinary income27.1%
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Non-operating income
Interest income43
Foreign-Exchange Gains78
Non-Operating Expenses
Interest expenses-221
Improvement in foreign exchange losses568
Extraordinary income
Gain on negative goodwill-2,595
Reversal of provision for losses on liquidation of affiliates124
Extraordinary loss
Improvement in special retirement payments539
Operating profit analysisProfit-increasing factors from higher equipment sales, tariff compensation income and the new consolidation of a Mexican subsidiary were offset by lower sales in Japan and China, higher material costs in Europe, inventory discrepancy losses and import tariff expenses in North America, among other factors.
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Dollar average exchange rate¥158.2 per US dollar
Average euro exchange rate¥184.5 per euro
Mexican peso average exchange rate¥9.1 per Mexican peso
Average Chinese yuan exchange rate¥23.1 per Chinese yuan
Indian rupee average exchange rate¥1.7 per Indian rupee
Thai baht average exchange rate¥4.9
Russian ruble average exchange rate¥2.1 per Russian ruble
Brazilian real average exchange rate¥30.7 per Brazilian real
Segment results
Japan
Net Sales
¥24,099 million
yoy_change-2,642
Operating profit
¥629 million
yoy_change-630
North and South America
Net Sales
¥41,207 million
yoy_change8,370
Operating profit
¥490 million
yoy_change-600
Europe
Net Sales
¥11,061 million
yoy_change1,095
Operating profit
¥-582 million
yoy_change-670
China
Net Sales
¥4,202 million
yoy_change-1,629
Operating profit
¥-375 million
yoy_change-61
Asia
Net Sales
¥16,194 million
yoy_change1,509
Operating profit
¥1,487 million
yoy_change60
Capital expenditures
¥4,164 million
| Item | Details |
|---|---|
| Document type | Supplementary materials to the earnings summary |
| Fiscal Period Covered | Second quarter of the fiscal year ending March 2027 |
| Net Sales | ¥86,265 million (YoY +9.9%) |
| Operating profit | ¥1,541 million (YoY -54.2%) |
| Ordinary income | ¥948 million (YoY -61.1%) |
| Net income | ¥-244 million (interim net income attributable to owners of the parent) |
| Operating profit margin | Rate 1.8% / Year-on-year change (points) Not disclosed |
| Results for the three months of the current quarter | Net Sales ¥43,484 million / Operating profit ¥603 million / Operating profit margin 1.4% |
| Full-year earnings forecast | Net Sales ¥167,000 million / Operating profit ¥5,500 million / Ordinary income ¥3,500 million / Profit attributable to owners of the parent ¥1,500 million |
| Progress against full-year forecast | Net Sales 51.7% / Operating profit 28.0% / Ordinary income 27.1% / Profit attributable to owners of the parent Not disclosed |
| Segment results | Japan Net Sales ¥24,099 million / Operating profit ¥629 million / North and South America Net Sales ¥41,207 million / Operating profit ¥490 million / Europe Net Sales ¥11,061 million / Operating profit ¥-582 million / China Net Sales ¥4,202 million / Operating profit ¥-375 million / Asia Net Sales ¥16,194 million / Operating profit ¥1,487 million |
| Breakdown of Factors Affecting the Change | Non-operating income Interest income 43 / Foreign-Exchange Gains 78 / Non-Operating Expenses Interest expenses -221 / Improvement in foreign exchange losses 568 / Extraordinary income Gain on negative goodwill -2,595 / Reversal of provision for losses on liquidation of affiliates 124 / Extraordinary loss Improvement in special retirement payments 539 / Operating profit analysis Profit-increasing factors from higher equipment sales, tariff compensation income and the new consolidation of a Mexican subsidiary were offset by lower sales in Japan and China, higher material costs in Europe, inventory discrepancy losses and import tariff expenses in North America, among other factors. |
| Assumptions Underlying the Business Outlook | Dollar average exchange rate ¥158.2 per US dollar / Average euro exchange rate ¥184.5 per euro / Mexican peso average exchange rate ¥9.1 per Mexican peso / Average Chinese yuan exchange rate ¥23.1 per Chinese yuan / Indian rupee average exchange rate ¥1.7 per Indian rupee / Thai baht average exchange rate ¥4.9 / Russian ruble average exchange rate ¥2.1 per Russian ruble / Brazilian real average exchange rate ¥30.7 per Brazilian real |
| Capital expenditures | ¥4,164 million |
Items this document does not state (17)
Gross Profit MarginSelling, general and administrative expensesSelf-assessment against the planKey KPIsUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsAnnual DividendPayout ratioAcquisition of treasury sharesOrders 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.Operating profit declined due to lower sales in Japan, increased costs for new start-ups in North and South America, partial delays in passing US tariff measures through to prices, soaring material costs in Europe and losses recognized from inventory discrepancies. Net profit declined due to the decrease in ordinary profit, as well as the absence of the gain on the recognition of negative goodwill recorded in the previous year.
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.