Worth reading
40Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Improvement
Direction inferred from the company’s description.Scale
125
Millions of yen (year-on-year change in operating profit)Wording
Conditional
How definitive the wording is.Contents of this document
Presentation materials for financial resultsFirst quarter of the fiscal year ending March 202711 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥1,535 million
Operating profit¥19 million
Ordinary income¥21 million
Net income¥21 million
Selling, general and administrative expenses¥294 million
Operating profit margin
Rate1.2%
Year on year against the same period last yearImproved by 8.2 percentage points (–7.0% in the same period of the previous year)
Results for the three months of the current quarter
Net Sales¥1,535 million
Selling, general and administrative expenses¥294 million
Operating profit¥19 million
Ordinary income¥21 million
Net income for the current fiscal year¥21 million
Full-year earnings forecast
Net Sales
¥6,709 million
Operating profit
¥117 million
Ordinary income
¥107 million
Net income for the current fiscal year
¥82 million
Research and development costs
¥220 million
Segment revenue
Electronic Systems Business
¥2,962 million
Microelectronics Business
¥2,234 million
Product Development Business
¥1,512 million
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Increase in order backlog across the company+¥687 million
- Increase in the Electronic Systems business order backlog+¥375 million
- Change in the Microelectronics business order backlog–¥12 million
- Increase in the Product Development business order backlog+¥324 million
- Decrease in SG&A expenses–¥16 million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
The presentation states that the outlook is based on certain assumptions, but specific figures for exchange rates, raw material prices, volumes and other factors were Not disclosed.New initiatives
- Strengthen the semiconductor testing business in the Taiwan market
- Pursue strategic partnerships and strengthen the semiconductor IP portfolio
- Strengthen camera module operations in the European market
- Strengthen power line communication technologies and products and expand licensing operations
- Make targeted investments in the solution lineup, production capacity and development platform
- Expand the use of data from core systems, digitalize and apply AI to business processes, and make production processes smarter
Key KPIsA metric the company considers important as a management benchmark.
- Order backlog versus the end of the previous fiscal year’s fourth quarter¥687 million
- Global share of JPEG IP for smartphones20 %
- Domestic share of semiconductor reliability testing equipment for automotive applications1 rank
- Domestic share of industrial embedded cameras1 rank
- Market CAGR in growth areas (industrial and medical)10 %
- Market CAGR in growth areas (social infrastructure)12 %
- Market CAGR in growth areas (defense and space)8 %
- Market CAGR in growth areas (AI and data centers)14 %
- Silicon photonics market CAGR30 %
Segment results
First-quarter segment results by amount: Not disclosed. Full-year forecasts: Electronic Systems business, ¥2,962 million; Microelectronics business, ¥2,234 million; Product Development business, ¥1,512 million.Medium-term management plan targets
Target fiscal year2030
Net SalesAt least ¥10 billion
Ordinary income¥1 billion or more
ROE15% or higher
Shareholder Equity Dividend Ratio3% or higher
Financial targets
ROE15% or higher in 2030
Shareholder Equity Dividend Ratio3% or higher in 2030
Market Size / Share
20% global share of JPEG IP for smartphones, first in Japan for semiconductor reliability testing equipment for automotive applications, and first in Japan for industrial embedded cameras. Market CAGR in growth areas is approximately 10% for industrial and medical, approximately 12% for social infrastructure, approximately 8% for defense and space, approximately 14% for AI and data centers, and approximately 30% for silicon photonics.Orders received and order backlog
Order backlog+¥687 million versus the end of the previous fiscal year’s fourth quarter
Number of stores and locations
8 domestic locations. The number of openings and closures during the period was Not disclosed.Number of employees
Number of Employees435 People
Hiring planThe presentation refers to recruiting and developing personnel to support growth. The number of hires was Not disclosed.
| Item | Details |
|---|---|
| Document type | Presentation materials for financial results |
| Fiscal Period Covered | First quarter of the fiscal year ending March 2027 |
| Net Sales | ¥1,535 million |
| Operating profit | ¥19 million |
| Ordinary income | ¥21 million |
| Net income | ¥21 million |
| Operating profit margin | Rate 1.2% / Year on year against the same period last year Improved by 8.2 percentage points (–7.0% in the same period of the previous year) |
| Selling, general and administrative expenses | ¥294 million |
| Results for the three months of the current quarter | Net Sales ¥1,535 million / Selling, general and administrative expenses ¥294 million / Operating profit ¥19 million / Ordinary income ¥21 million / Net income for the current fiscal year ¥21 million |
| Full-year earnings forecast | Net Sales ¥6,709 million / Operating profit ¥117 million / Ordinary income ¥107 million / Net income for the current fiscal year ¥82 million / Research and development costs ¥220 million / Segment revenue Electronic Systems Business ¥2,962 million / Microelectronics Business ¥2,234 million / Product Development Business ¥1,512 million |
| Segment results | First-quarter segment results by amount: Not disclosed. Full-year forecasts: Electronic Systems business, ¥2,962 million; Microelectronics business, ¥2,234 million; Product Development business, ¥1,512 million. |
| Breakdown of Factors Affecting the Change | Factors Increase in order backlog across the company / Amount +¥687 million, Factors Increase in the Electronic Systems business order backlog / Amount +¥375 million, Factors Change in the Microelectronics business order backlog / Amount –¥12 million, Factors Increase in the Product Development business order backlog / Amount +¥324 million, Factors Decrease in SG&A expenses / Amount –¥16 million |
| Key KPIs | Indicator name Order backlog versus the end of the previous fiscal year’s fourth quarter / Value ¥687 million / Year on year against the same period last year Not disclosed, Indicator name Global share of JPEG IP for smartphones / Value 20 % / Year on year against the same period last year Not disclosed, Indicator name Domestic share of semiconductor reliability testing equipment for automotive applications / Value 1 rank / Year on year against the same period last year Not disclosed, Indicator name Domestic share of industrial embedded cameras / Value 1 rank / Year on year against the same period last year Not disclosed, Indicator name Market CAGR in growth areas (industrial and medical) / Value 10 % / Year on year against the same period last year Not disclosed, Indicator name Market CAGR in growth areas (social infrastructure) / Value 12 % / Year on year against the same period last year Not disclosed, Indicator name Market CAGR in growth areas (defense and space) / Value 8 % / Year on year against the same period last year Not disclosed, Indicator name Market CAGR in growth areas (AI and data centers) / Value 14 % / Year on year against the same period last year Not disclosed, Indicator name Silicon photonics market CAGR / Value 30 % / Year on year against the same period last year Not disclosed |
| Number of stores and locations | 8 domestic locations. The number of openings and closures during the period was Not disclosed. |
| Number of employees | Number of Employees 435 People / Change during the period Not disclosed / Hiring plan The presentation refers to recruiting and developing personnel to support growth. The number of hires was Not disclosed. |
| Assumptions Underlying the Business Outlook | The presentation states that the outlook is based on certain assumptions, but specific figures for exchange rates, raw material prices, volumes and other factors were Not disclosed. |
| Medium-term management plan targets | Target fiscal year 2030 / Net Sales At least ¥10 billion / Ordinary income ¥1 billion or more / ROE 15% or higher / Shareholder Equity Dividend Ratio 3% or higher |
| Financial targets | ROE 15% or higher in 2030 / Shareholder Equity Dividend Ratio 3% or higher in 2030 / Actual value Not disclosed |
| Orders received and order backlog | Orders received Not disclosed / Order backlog +¥687 million versus the end of the previous fiscal year’s fourth quarter |
| Market Size / Share | 20% global share of JPEG IP for smartphones, first in Japan for semiconductor reliability testing equipment for automotive applications, and first in Japan for industrial embedded cameras. Market CAGR in growth areas is approximately 10% for industrial and medical, approximately 12% for social infrastructure, approximately 8% for defense and space, approximately 14% for AI and data centers, and approximately 30% for silicon photonics. |
| New initiatives | Strengthen the semiconductor testing business in the Taiwan market, Pursue strategic partnerships and strengthen the semiconductor IP portfolio, Strengthen camera module operations in the European market, Strengthen power line communication technologies and products and expand licensing operations, Make targeted investments in the solution lineup, production capacity and development platform, Expand the use of data from core systems, digitalize and apply AI to business processes, and make production processes smarter |
Items this document does not state (10)
Gross Profit MarginProgress against full-year forecastSelf-assessment against the planUnit price and quantity metricsRisk amount incorporated into the outlookAnnual DividendPayout ratioAcquisition of treasury sharesCapital expendituresKey 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 in the Electronic Systems business, while the Microelectronics and Product Development businesses posted higher revenue. Profit increased in all 3 businesses, and selling, general and administrative expenses also decreased by ¥16 million year on 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.
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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.