Worth reading
58In 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
60
Year-on-year change in operating income (%)Wording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)1 April 2026–30 September 2026ConsolidatedJapanese GAAPNet Sales126,089¥ millionYear on year +19.8%Progress 42.0%
Operating profit11,089¥ millionYear on year +60.0%Progress 37.0%
Ordinary income11,575¥ millionYear on year +46.6%Progress 38.0%
Net income attributable to owners of the parent7,369¥ millionYear on year +42.5%Progress 36.8%
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. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.
Net income per share¥62.43
Financial position at period-end
Total assets325,488¥ million
of which net assets 177,220 ¥ millionEquity ratio 49.1%vs. prior year-end +1.0pt
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+11,212
Investment-6,296
Financials-8,407
Net change-3,491
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¥29,120 million
Segment revenue
Energy Management58,69646.5%+8.8%
Factory Automation19,71615.6%+29.7%
Material Processing47,59337.7%+32.1%
Other1060.1%+5.9%
Segment profit
Energy Management6,56048.1%+27.5%
Factory Automation2,04415.0%+153.3%
Material Processing5,01136.8%+54.4%
Other130.1%+47.1%
Regional sales
Japan95,62775.9%
North America3,9643.1%
Asia20,66616.4%
Other regions5,7284.5%
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥300,000 million (YoY +26.2%)
Operating profit¥30,000 million (YoY +59.8%)
Ordinary income¥30,500 million (YoY +51.7%)
Net income¥20,000 million (YoY +41.8%)
Revision to Earnings ForecastNet Sales None / Operating profit None / Ordinary income None / Net income None
Annual Dividend Forecast¥180 → — (¥255.00 without taking the stock split into account)（41.7% (without taking the stock split into account)）
Factors Behind Changes in Business Performance
Orders and sales increased as investment related to power infrastructure and capital investment by semiconductor-related companies increased, while investment in production automation recovered. Profit also increased as a result of higher sales and cost reductions.
Disclosure regarding the going concern assumption
None
Change in accounting policy
基準改正に伴う変更 Noneそれ以外の変更 None見積りの変更 None修正再表示 None
Changes in the scope of consolidationNew 0 companies / Excluded 0 companies / Company name Not disclosed
Material subsequent eventsThe Company split each share of common stock into 5 shares effective 1 October 2026 and amended its Articles of Incorporation in connection with the stock split.
Impairment lossNot applicable (no impairment loss was recognized)
Breakdown of extraordinary income (loss)Extraordinary income Reversal of allowance for doubtful accounts ¥18 million / Extraordinary loss Provision for allowance for loan losses ¥133 million, Loss on liquidation of an affiliated company ¥118 million, One-time payment for employee transfers ¥51 million
Depreciation and amortization¥3,795 million
Orders received and order backlogOrders received ¥181,311 million / Order backlog Not disclosed
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for analysts and institutional investors)
Issued Shares at Period-End124,516,455
Treasury Shares at Period-End6,465,425
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026–30 September 2026 |
| Net Sales | ¥126,089 million (YoY +19.8%) |
| Operating profit | ¥11,089 million (YoY +60.0%) |
| Ordinary income | ¥11,575 million (YoY +46.6%) |
| Profit attributable to owners of the parent | ¥7,369 million (YoY +42.5%) |
| Net income per share | ¥62.43 |
| Equity ratio | End of the current fiscal period 49.1 / End of previous period 48.1 |
| Total assets | ¥325,488 million |
| Net assets | ¥177,220 million |
| Cash flows from operating activities | ¥11,212 million |
| Cash flows from investing activities | ¥-6,296 million |
| Cash flows from financing activities | ¥-8,407 million |
| Cash and cash equivalents at end of period | ¥29,120 million |
| Full-year earnings forecast | Net Sales ¥300,000 million (YoY +26.2%) / Operating profit ¥30,000 million (YoY +59.8%) / Ordinary income ¥30,500 million (YoY +51.7%) / Net income ¥20,000 million (YoY +41.8%) |
| Revision to Earnings Forecast | Net Sales None / Operating profit None / Ordinary income None / Net income None |
| Annual Dividend Forecast | ¥180 → — (¥255.00 without taking the stock split into account)（41.7% (without taking the stock split into account)） |
| Segment revenue | Energy Management ¥58,696 million (YoY +8.8%) / Factory Automation ¥19,716 million (YoY +29.7%) / Material Processing ¥47,593 million (YoY +32.1%) / Other ¥106 million (YoY +5.9%) |
| Segment profit | Energy Management ¥6,560 million (YoY +27.5%) / Factory Automation ¥2,044 million (YoY +153.3%) / Material Processing ¥5,011 million (YoY +54.4%) / Other ¥13 million (YoY +47.1%) |
| Regional sales | Japan ¥95,627 million / North America ¥3,964 million / Asia ¥20,666 million / Other regions ¥5,728 million |
| Orders received and order backlog | Orders received ¥181,311 million / Order backlog Not disclosed |
| Depreciation and amortization | ¥3,795 million |
| Impairment loss | Not applicable (no impairment loss was recognized) |
| Breakdown of extraordinary income (loss) | Extraordinary income Reversal of allowance for doubtful accounts ¥18 million / Extraordinary loss Provision for allowance for loan losses ¥133 million, Loss on liquidation of an affiliated company ¥118 million, One-time payment for employee transfers ¥51 million |
| Disclosure regarding the going concern assumption | None |
| Change in accounting policy | Changes due to revisions to standards None / Other changes None / Change in accounting estimate None / Restatement None |
| Changes in the scope of consolidation | New 0 companies / Excluded 0 companies / Company name Not disclosed |
| Material subsequent events | The Company split each share of common stock into 5 shares effective 1 October 2026 and amended its Articles of Incorporation in connection with the stock split. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (for analysts and institutional investors) |
| Issued Shares at Period-End | 124,516,455 |
| Treasury Shares at Period-End | 6,465,425 |
| Factors Behind Changes in Business Performance | Orders and sales increased as investment related to power infrastructure and capital investment by semiconductor-related companies increased, while investment in production automation recovered. Profit also increased as a result of higher sales and cost reductions. |
Items this document does not state (3)
Operating MarginPayout ratioShareholder Return Policy
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.Orders and sales increased as investment related to power infrastructure and capital investment by semiconductor-related companies increased, while investment in production automation recovered. Profit also increased as a result of higher sales and cost reductions.
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.