Worth reading
57In focus
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
216
¥ million (year-on-year increase in first-half operating profit)Wording
Conditional
How definitive the wording is.Contents of this document
Earnings presentation materialsSecond quarter of the fiscal year ending March 20279 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥3,398 million+6.2%
Operating profit¥113 million
Ordinary income¥115 million
Net income¥81 million
Operating profit margin3.3 %
Selling, general and administrative expenses¥573 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 Expenses
¥220 million
Electronic Systems
¥2,962 million
Microelectronics
¥2,234 million
Product development
¥1,512 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。
Consolidated revenue50.6 %
Microelectronics Revenue50.7 %
Electronic Systems Revenue54.5 %
Product Development Revenue43.1 %
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
The profit plan was achieved in the first halfBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Net Sales
Electronic Systems Business¥49 million
Microelectronics Business¥65 million
Product Development Business¥84 million
Ordinary incomePresented as a waterfall chart showing the effects of revenue and material costs, labor costs, expenses, research and development expenses, and other factors
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
The company stated that there are many uncertain factors, including the increasingly difficult procurement environment for circuit boards and EOL components. Numerical assumptions are Not disclosed.New initiatives
- Launch of sample sales through collaboration with e-con
- IP licensing agreement for small satellites
- Commercialization and launch of sales of JPEG XL software IP
- Strengthening domestic sales of e-con products
Key KPIsA metric the company considers important as a management benchmark.
- Order backlogMore than ¥2.5 billionYear on year against the same period last yearUp ¥621 million
- Equity ratio41.4 %Year on year against the same period last yearUp 1.7 percentage points year on year
- First-half progress rate for personnel hiring68 %
- First-half progress rate for research and development expenses39 %
Segment results
Electronic Systems
Net Sales¥1,613 million
Year on year against the same period last yearRevenue growth
Microelectronics
Net Sales¥1,132 million
Year on year against the same period last yearRevenue growth
Product development
Net Sales¥652 million
Year on year against the same period last yearRevenue growth
Financial targets
Actual equity ratio41.4 %
Orders received and order backlog
Order backlogMore than ¥2.5 billion
vs. End of 2Q Last Year¥621 million
Number of employees
Hiring plan22 people
First-half results15 people
| Item | Details |
|---|---|
| Document type | Earnings presentation materials |
| Fiscal Period Covered | Second quarter of the fiscal year ending March 2027 |
| Net Sales | ¥3,398 million (YoY +6.2%) |
| Operating profit | ¥113 million |
| Ordinary income | ¥115 million |
| Net income | ¥81 million |
| Operating profit margin | 3.3 % |
| Selling, general and administrative expenses | ¥573 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 Expenses ¥220 million / Electronic Systems ¥2,962 million / Microelectronics ¥2,234 million / Product development ¥1,512 million |
| Progress against full-year forecast | Consolidated revenue 50.6 % / Microelectronics Revenue 50.7 % / Electronic Systems Revenue 54.5 % / Product Development Revenue 43.1 % |
| Self-assessment against the plan | The profit plan was achieved in the first half |
| Segment results | Electronic Systems Net Sales ¥1,613 million / Year on year against the same period last year Revenue growth / Microelectronics Net Sales ¥1,132 million / Year on year against the same period last year Revenue growth / Product development Net Sales ¥652 million / Year on year against the same period last year Revenue growth |
| Breakdown of Factors Affecting the Change | Net Sales Electronic Systems Business ¥49 million / Microelectronics Business ¥65 million / Product Development Business ¥84 million / Ordinary income Presented as a waterfall chart showing the effects of revenue and material costs, labor costs, expenses, research and development expenses, and other factors |
| Key KPIs | Indicator name Order backlog / Value More than ¥2.5 billion / Year on year against the same period last year Up ¥621 million, Indicator name Equity ratio / Value 41.4 % / Year on year against the same period last year Up 1.7 percentage points year on year, Indicator name First-half progress rate for personnel hiring / Value 68 % / Year on year against the same period last year Not disclosed, Indicator name First-half progress rate for research and development expenses / Value 39 % / Year on year against the same period last year Not disclosed |
| Number of employees | Hiring plan 22 people / First-half results 15 people |
| Assumptions Underlying the Business Outlook | The company stated that there are many uncertain factors, including the increasingly difficult procurement environment for circuit boards and EOL components. Numerical assumptions are Not disclosed. |
| Financial targets | Actual equity ratio 41.4 % / Target Not disclosed |
| Orders received and order backlog | Order backlog More than ¥2.5 billion / vs. End of 2Q Last Year ¥621 million |
| New initiatives | Launch of sample sales through collaboration with e-con, IP licensing agreement for small satellites, Commercialization and launch of sales of JPEG XL software IP, Strengthening domestic sales of e-con products |
Items this document does not state (12)
Gross Profit MarginResults for the three months of the current quarterUnit price and quantity metricsNumber of stores and locationsRisk amount incorporated into the outlookMedium-term management plan targetsAnnual DividendPayout ratioAcquisition 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.Profit increased due to higher revenue, lower labor costs resulting from the streamlining of production sites, and lower losses on the disposal of inventories, among other factors. Revenue benefited from increased orders for industrial applications, semiconductor custom boards and AI boards, digital design, IP sales, products for convenience stores and POS systems, and defense-related equipment.
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.