Worth reading
52Recurring
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
-28.7
% (year-on-year change in operating income)Wording
Avoiding a definitive answer
How definitive the wording is.Results for this period
Third quarter1 April 2025 to 31 December 2025ConsolidatedIFRSNet Sales1,986,357¥ millionYear on year +2.4%
Operating profit115,735¥ millionYear on year -28.7%
Ordinary income137,436¥ millionYear on year -17.6%
Net income attributable to owners of the parent39,117¥ millionYear on year -69.3%
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.
Net income per share¥34.13
Financial position at period-end
Total assets3,808,461¥ million
of which net assets 1,404,234 ¥ millionEquity ratio 36.4%vs. prior year-end -6.1pt
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+174,824
Investment-102,854
Financials+507,269
Net change+579,239
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¥896,809 million
Segment revenueSPMS ¥295,264 million, AMEC ¥270,057 million, MOEN ¥500,686 million, ACIM ¥325,329 million, Machinery Business ¥148,987 million, Group Companies ¥446,034 million
Segment profitSPMS ¥45,361 million, AMEC ¥-5,517 million, MOEN ¥27,852 million, ACIM ¥14,585 million, Machinery Business ¥155 million, Group Companies ¥53,030 million
Regional sales¥293,534 million (YoY +0.5%), ¥423,299 million (YoY 0.0%), ¥261,953 million (YoY -0.6%), ¥447,034 million (YoY +2.1%), ¥484,522 million (YoY +10.7%), ¥76,015 million (YoY -11.4%)
Outlook and shareholder returns
Full-year earnings forecast
Net SalesUndecided
Operating profitUndecided
Ordinary incomeUndecided
Net incomeUndecided
Revision to Earnings ForecastNo
Annual Dividend Forecast¥80 (based on the pre-stock-split basis; the total shown in the table cannot be simply aggregated) → ¥0（-100.0%）
Factors Behind Changes in Business Performance
Non-financial asset impairment losses of ¥17,569 million, a liability of ¥16,479 million recognized in connection with the settlement of reimbursement claims from suppliers, a ¥10,195 million gain on step acquisition recognized in the same period of the previous year, and the impact of foreign exchange movements, among other factors. Although revenue increased, the automotive business became loss-making, while lower profit in the home appliances, commercial and industrial, and equipment and machinery businesses pushed down operating profit.
Disclosure regarding the going concern assumption
No applicable matters
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 Yes
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 eventsA resolution to pay no year-end dividend, changes to the contractual terms of the automotive inverter business, and the initiation of procedures to apply for a refund of approximately USD 70 million in US tariffs. The impact of the provision arising from the contract changes, and the amount and timing of the tariff refund, remain undetermined.
Impairment loss¥17,569 million
Depreciation and amortization¥75,645 million (depreciation and other amortization)
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End1,192,568,936
Treasury Shares at Period-End46,259,699
| Item | Details |
|---|---|
| Fiscal Period Classification | Third quarter |
| Accounting standards | IFRS |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2025 to 31 December 2025 |
| Net Sales | ¥1,986,357 million (YoY +2.4%) |
| Operating profit | ¥115,735 million (YoY -28.7%) |
| Ordinary income | ¥137,436 million (YoY -17.6%) |
| Profit attributable to owners of the parent | ¥39,117 million (YoY -69.3%) |
| Net income per share | ¥34.13 |
| Equity ratio | End of the current fiscal period 36.4 / End of previous period 42.5 |
| Total assets | ¥3,808,461 million |
| Net assets | ¥1,404,234 million |
| Cash flows from operating activities | ¥174,824 million |
| Cash flows from investing activities | ¥-102,854 million |
| Cash flows from financing activities | ¥507,269 million |
| Cash and cash equivalents at end of period | ¥896,809 million |
| Full-year earnings forecast | Net Sales Undecided / Operating profit Undecided / Ordinary income Undecided / Net income Undecided |
| Revision to Earnings Forecast | No |
| Annual Dividend Forecast | ¥80 (based on the pre-stock-split basis; the total shown in the table cannot be simply aggregated) → ¥0（-100.0%） |
| Segment revenue | SPMS ¥295,264 million, AMEC ¥270,057 million, MOEN ¥500,686 million, ACIM ¥325,329 million, Machinery Business ¥148,987 million, Group Companies ¥446,034 million |
| Segment profit | SPMS ¥45,361 million, AMEC ¥-5,517 million, MOEN ¥27,852 million, ACIM ¥14,585 million, Machinery Business ¥155 million, Group Companies ¥53,030 million |
| Regional sales | ¥293,534 million (YoY +0.5%), ¥423,299 million (YoY 0.0%), ¥261,953 million (YoY -0.6%), ¥447,034 million (YoY +2.1%), ¥484,522 million (YoY +10.7%), ¥76,015 million (YoY -11.4%) |
| Depreciation and amortization | ¥75,645 million (depreciation and other amortization) |
| Impairment loss | ¥17,569 million |
| Disclosure regarding the going concern assumption | No applicable matters |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement Yes |
| Changes in the scope of consolidation | New Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed |
| Material subsequent events | A resolution to pay no year-end dividend, changes to the contractual terms of the automotive inverter business, and the initiation of procedures to apply for a refund of approximately USD 70 million in US tariffs. The impact of the provision arising from the contract changes, and the amount and timing of the tariff refund, remain undetermined. |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | Whether applicable No / Subject person Not disclosed |
| Issued Shares at Period-End | 1,192,568,936 |
| Treasury Shares at Period-End | 46,259,699 |
| Factors Behind Changes in Business Performance | Non-financial asset impairment losses of ¥17,569 million, a liability of ¥16,479 million recognized in connection with the settlement of reimbursement claims from suppliers, a ¥10,195 million gain on step acquisition recognized in the same period of the previous year, and the impact of foreign exchange movements, among other factors. Although revenue increased, the automotive business became loss-making, while lower profit in the home appliances, commercial and industrial, and equipment and machinery businesses pushed down operating profit. |
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.Non-financial asset impairment losses of ¥17,569 million, a liability of ¥16,479 million recognized in connection with the settlement of reimbursement claims from suppliers, the ¥10,195 million gain on step acquisition recognized in the same period of the previous year in connection with the consolidation of NIDEC PSA e-Motors as a subsidiary, and the impact of foreign exchange movements, among other factors.
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.