Worth reading
46Recurring
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
-214
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 resultsSecond quarter (interim period) of the fiscal year ending December 20268 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥19,867 million+12.3%
Operating profit¥137 million-60.8%
Ordinary income¥246 million-37.3%
Net income¥412 million+65.1%
Selling, general and administrative expensesAmount not stated
Gross Profit Margin
Rate9.5%
Year-on-year change (points)Down from 11.1% in the same period of the previous year (year-on-year change in percentage points: Not disclosed)
Operating profit margin
Rate0.7%
Year-on-year change (points)Down from 2.0% in the same period of the previous year (year-on-year change in percentage points: Not disclosed)
Full-year earnings forecast
Net Sales
¥41,000 million
Operating profit
¥1,080 million
Ordinary income
¥980 million
Profit attributable to owners of the parent
¥710 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。
Net Sales48.5%
Operating profit12.8%
Ordinary income25.1%
Profit attributable to owners of the parent58.1%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Revenue met the plan, operating income fell significantly short of the consolidated plan, and the shortfall in ordinary income was reducedBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Net SalesHigher revenue from automotive and medical equipment; lower revenue from industrial equipment, office equipment and amusement equipment; higher revenue in China, Hong Kong and Thailand; lower revenue in Vietnam
Operating profitDelayed reflection of higher domestic raw material and other costs in selling prices; higher SG&A expenses in China; higher revenue in Thailand, Hong Kong and other markets
Ordinary incomeHigher interest income, gains on sales of consumables and other items, and subsidy income; interest expense and loss on reduction of fixed assets
Net incomeGain on sales of investment securities; gain on a step acquisition; loss on disposal of fixed assets
New initiatives
- Reform of the domestic business earnings structure and shift toward higher value-added products and services
- Overseas growth and redefinition of regional roles
- Selection and deepening of priority growth areas
- ROIC-based management and enhancement of management controls
- Strengthening human capital and execution capabilities
- Introduction of internal training programs and training programs for new employees
- Introduction of the human resources development consulting program “Future Creation Project”
Key KPIsA metric the company considers important as a management benchmark.
- Southeast Asia revenue ratio16 %
- Non-Japanese revenue ratio15 %
- Inventory turnover period2.6 months
- Percentage of Female Managers8.1 %Year on year against the same period last year2025 actual: 7.9%
- Employment Rate of People with Disabilities1.8 %Year on year against the same period last year2025 actual: 1.9%
Segment results
Japan
Net Sales
¥7,754 million-4.5%
Asia
Net Sales
¥12,006 million+25.9%
Medium-term management plan targets
Phase2Revenue of ¥41.0 billion and operating income of ¥1.08 billion (2026 plan)
Phase3Revenue of ¥70.0 billion in 2030
Number of employees
Number of Employees246 on a non-consolidated basis, 988 on a consolidated basis
Annual Dividend
¥16 (interim and year-end breakdown: Not disclosed)| 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 | ¥19,867 million (YoY +12.3%) |
| Operating profit | ¥137 million (YoY -60.8%) |
| Ordinary income | ¥246 million (YoY -37.3%) |
| Net income | ¥412 million (YoY +65.1%) |
| Gross Profit Margin | Rate 9.5% / Year-on-year change (points) Down from 11.1% in the same period of the previous year (year-on-year change in percentage points: Not disclosed) |
| Operating profit margin | Rate 0.7% / Year-on-year change (points) Down from 2.0% in the same period of the previous year (year-on-year change in percentage points: Not disclosed) |
| Selling, general and administrative expenses | 非開示 |
| Full-year earnings forecast | Net Sales ¥41,000 million / Operating profit ¥1,080 million / Ordinary income ¥980 million / Profit attributable to owners of the parent ¥710 million |
| Progress against full-year forecast | Net Sales 48.5% / Operating profit 12.8% / Ordinary income 25.1% / Profit attributable to owners of the parent 58.1% |
| Self-assessment against the plan | Revenue met the plan, operating income fell significantly short of the consolidated plan, and the shortfall in ordinary income was reduced |
| Segment results | Japan Net Sales ¥7,754 million (YoY -4.5%) / Profit Not disclosed / Asia Net Sales ¥12,006 million (YoY +25.9%) / Profit Not disclosed |
| Breakdown of Factors Affecting the Change | Net Sales Higher revenue from automotive and medical equipment; lower revenue from industrial equipment, office equipment and amusement equipment; higher revenue in China, Hong Kong and Thailand; lower revenue in Vietnam / Operating profit Delayed reflection of higher domestic raw material and other costs in selling prices; higher SG&A expenses in China; higher revenue in Thailand, Hong Kong and other markets / Ordinary income Higher interest income, gains on sales of consumables and other items, and subsidy income; interest expense and loss on reduction of fixed assets / Net income Gain on sales of investment securities; gain on a step acquisition; loss on disposal of fixed assets |
| Key KPIs | Indicator name Southeast Asia revenue ratio / Value 16 % / Year on year against the same period last year Not disclosed, Indicator name Non-Japanese revenue ratio / Value 15 % / Year on year against the same period last year Not disclosed, Indicator name Inventory turnover period / Value 2.6 months / Year on year against the same period last year Not disclosed, Indicator name Percentage of Female Managers / Value 8.1 % / Year on year against the same period last year 2025 actual: 7.9%, Indicator name Employment Rate of People with Disabilities / Value 1.8 % / Year on year against the same period last year 2025 actual: 1.9% |
| Number of employees | Number of Employees 246 on a non-consolidated basis, 988 on a consolidated basis / Changes during the period and hiring plan Not disclosed |
| Medium-term management plan targets | Phase2 Revenue of ¥41.0 billion and operating income of ¥1.08 billion (2026 plan) / Phase3 Revenue of ¥70.0 billion in 2030 |
| Annual Dividend | ¥16 (interim and year-end breakdown: Not disclosed) |
| New initiatives | Reform of the domestic business earnings structure and shift toward higher value-added products and services, Overseas growth and redefinition of regional roles, Selection and deepening of priority growth areas, ROIC-based management and enhancement of management controls, Strengthening human capital and execution capabilities, Introduction of internal training programs and training programs for new employees, Introduction of the human resources development consulting program “Future Creation Project” |
Items this document does not state (12)
Results for the three months of the current quarterUnit price and quantity metricsNumber of stores and locationsAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookFinancial targetsPayout ratioAcquisition of treasury sharesCapital expendituresOrders 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.Revenue increased, as orders for automotive equipment grew in Asia, while the increase was limited in Japan by lower orders for industrial equipment, office equipment and amusement equipment. The main reason for the decline in operating income was that the domestic parent company was unable to reflect higher raw material and other costs in selling prices as planned. Interim net income increased due to higher interest income and subsidy income, as well as the recognition of a gain on a step acquisition associated with the conversion of the Thai subsidiary into a consolidated subsidiary.
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.