Worth reading
47Recurring
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
34.9
¥ billion (year-on-year increase in first-half operating profit)Wording
Conditional
How definitive the wording is.Contents of this document
Presentation materials for financial resultsSecond quarter (interim period) of the fiscal year ending December 20267 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales273.1 Hundreds of millions of yen+44.0%
Operating profit72.1 Hundreds of millions of yen+94.0%
Ordinary income71.8 Hundreds of millions of yen+108.0%
Net income27.2 Hundreds of millions of yen+110.0%
Gross Profit Margin32.5 %
Operating profit margin26.4 %
Results for the three months of the current quarter
Net Sales
145.9 Hundreds of millions of yen
Operating profit
40 Hundreds of millions of yen
Ordinary income
39.2 Hundreds of millions of yen
Net income
15.6 Hundreds of millions of yen
Full-year earnings forecast
Net Sales
591 Hundreds of millions of yen
Operating profit
163 Hundreds of millions of yen
Ordinary income
161 Hundreds of millions of yen
Net income
60 Hundreds of millions of yen
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Net sales: Increase (growing demand for data center products, new customers, and EV-related products)
- Depreciation and amortization: Increase (investment in advanced equipment)
- Utility costs: Increase (summer electricity surcharges, primarily in Taiwan)
- Personnel expenses: Increase (higher headcount)
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
- US$: ¥160.00 from August 2026 onward
- NT$: ¥4.90 from August 2026 onward
New initiatives
- Acquisition of a new factory by TPW, the Taiwanese subsidiary
- Lease of production-floor space at Taiwan's Third Factory-B
- Five-for-one stock split
- Addition of data centers as a new application category for reporting net sales
Key KPIsA metric the company considers important as a management benchmark.
- Automotive mix (TPJ)64 %
- Automotive mix (TPW)34 %
Financial targets
Actual D/E ratio: 0.9; actual net D/E ratio: 0.7 (target: Not disclosed)Number of employees
Number of Employees1,397 consolidated; 313 non-consolidated
Record dateEnd of December 2025
Capital expenditures
¥86 billion TPW's new factory in 1Q 2026
| Item | Details |
|---|---|
| Document type | Presentation materials for financial results |
| Fiscal Period Covered | Second quarter (interim period) of the fiscal year ending December 2026 |
| Net Sales | 273.1 Hundreds of millions of yen (YoY +44.0%) |
| Operating profit | 72.1 Hundreds of millions of yen (YoY +94.0%) |
| Ordinary income | 71.8 Hundreds of millions of yen (YoY +108.0%) |
| Net income | 27.2 Hundreds of millions of yen (YoY +110.0%) |
| Gross Profit Margin | 32.5 % |
| Operating profit margin | 26.4 % |
| Results for the three months of the current quarter | Net Sales 145.9 Hundreds of millions of yen / Operating profit 40 Hundreds of millions of yen / Ordinary income 39.2 Hundreds of millions of yen / Net income 15.6 Hundreds of millions of yen |
| Full-year earnings forecast | Net Sales 591 Hundreds of millions of yen / Operating profit 163 Hundreds of millions of yen / Ordinary income 161 Hundreds of millions of yen / Net income 60 Hundreds of millions of yen |
| Breakdown of Factors Affecting the Change | Net sales: Increase (growing demand for data center products, new customers, and EV-related products), Depreciation and amortization: Increase (investment in advanced equipment), Utility costs: Increase (summer electricity surcharges, primarily in Taiwan), Personnel expenses: Increase (higher headcount) |
| Key KPIs | Automotive mix (TPJ) 64 %, Automotive mix (TPW) 34 % |
| Number of employees | Number of Employees 1,397 consolidated; 313 non-consolidated / Record date End of December 2025 / Changes during the period and hiring plan Not disclosed |
| Assumptions Underlying the Business Outlook | US$: ¥160.00 from August 2026 onward, NT$: ¥4.90 from August 2026 onward |
| Financial targets | Actual D/E ratio: 0.9; actual net D/E ratio: 0.7 (target: Not disclosed) |
| Capital expenditures | ¥86 billion (TPW's new factory in 1Q 2026) |
| New initiatives | Acquisition of a new factory by TPW, the Taiwanese subsidiary, Lease of production-floor space at Taiwan's Third Factory-B, Five-for-one stock split, Addition of data centers as a new application category for reporting net sales |
Items this document does not state (14)
Selling, general and administrative expensesProgress against full-year forecastSelf-assessment against the planSegment resultsUnit price and quantity metricsNumber of stores and locationsRisk amount incorporated into the outlookMedium-term management plan targetsAnnual DividendPayout ratioAcquisition of treasury sharesOrders received and order backlogMarket 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.Sales increased due to growing demand for data center processors, the start of mass production for new customers, and contributions from EV-related products. Depreciation and amortization, personnel expenses and utility costs rose in line with investment in advanced equipment, but sales growth outpaced the increase in expenses. For the second-quarter results, the company cited production volumes exceeding expectations and the impact of the weaker yen.
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.