Worth reading
54Recurring
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
6
% (year-on-year change in revenue)Wording
Conditional
How definitive the wording is.Results for this period
Full year1 April 2025–31 March 2026ConsolidatedJapanese GAAPNet Sales195,783¥ millionYear on year +6.0%Progress 93.2%
Operating profit15,446¥ millionYear on year +15.0%Progress 92.5%
Ordinary income16,260¥ millionYear on year +20.3%Progress 95.6%
Net income attributable to owners of the parent11,493¥ millionYear on year -5.0%
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¥302.97
Operating MarginCurrent fiscal year 7.9% / Previous period 7.3%
Financial position at period-end
Total assets185,299¥ million
of which net assets 125,238 ¥ millionEquity ratio 66.8%vs. prior year-end +4.2pt
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+18,347
Investment-7,190
Financials-10,374
Net change+783
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¥34,417 million
Segment revenueElectrical and information infrastructure-related manufacturing, construction and services business ¥119,877 million (YoY +4.9%), Electrical and information infrastructure-related distribution business ¥59,956 million (YoY +7.0%), Electronic components-related manufacturing business ¥15,949 million (YoY +10.7%)
Segment profitElectrical and information infrastructure-related manufacturing, construction and services business ¥11,306 million (YoY +10.3%), Electrical and information infrastructure-related distribution business ¥2,628 million (YoY +25.8%), Electronic components-related manufacturing business ¥1,379 million (YoY +43.8%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥210,000 million (YoY +7.3%)
Operating profit¥16,700 million (YoY +8.1%)
Ordinary income¥17,000 million (YoY +4.5%)
Profit attributable to owners of the parent¥11,600 million (YoY +0.9%)
Annual Dividend Forecast¥160 → ¥154
Payout ratioFiscal year ending March 2026 50.2% / Forecast for the fiscal year ending March 2027 50.4%
Shareholder Return PolicyDuring the 2026 Medium-Term Management Plan period, the company is targeting a consolidated dividend payout ratio of 50% and has set a 4.0% floor for DOE (dividend-on-equity ratio based on consolidated net assets)
Factors Behind Changes in Business Performance
Revenue, operating income and ordinary income increased on firm capital investment demand, rush demand ahead of standards changes, growing willingness to invest in IT as data center construction accelerated, new project wins in the domestic automotive market, and the effects of price revisions. Net income decreased as the extraordinary gain recognized in the previous fiscal year in connection with the acquisition of shares in a subsidiary did not recur.
Disclosure regarding the going concern assumption
Not applicable.
Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Changes in the scope of consolidationNew 0 companies (company name: —) / Excluded 1 company (開技司科技(深圳)有限公司)
Material subsequent eventsNot applicable.
Impairment loss¥379 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥57 million, Government subsidies ¥13 million, Gain on sale of investment securities ¥50 million, Gain on revision of retirement benefit plans ¥32 million / Extraordinary loss Loss on disposal and sale of non-current assets ¥159 million, Impairment Losses ¥379 million, Loss on reduction of fixed assets ¥13 million, Loss on Liquidation of Affiliates ¥72 million, Settlement Payments ¥256 million
Depreciation and amortization¥6,423 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (for institutional investors and analysts)
Issued Shares at Period-End40,458,000 shares
Treasury Shares at Period-End2,520,879 shares
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2025–31 March 2026 |
| Net Sales | ¥195,783 million (YoY +6.0%) |
| Operating profit | ¥15,446 million (YoY +15.0%) |
| Ordinary income | ¥16,260 million (YoY +20.3%) |
| Profit attributable to owners of the parent | ¥11,493 million (YoY -5.0%) |
| Net income per share | ¥302.97 |
| Operating Margin | Current fiscal year 7.9% / Previous period 7.3% |
| Equity ratio | End of the current fiscal period 66.8% / End of previous period 62.6% |
| Total assets | ¥185,299 million |
| Net assets | ¥125,238 million |
| Cash flows from operating activities | ¥18,347 million |
| Cash flows from investing activities | ¥-7,190 million |
| Cash flows from financing activities | ¥-10,374 million |
| Cash and cash equivalents at end of period | ¥34,417 million |
| Full-year earnings forecast | Net Sales ¥210,000 million (YoY +7.3%) / Operating profit ¥16,700 million (YoY +8.1%) / Ordinary income ¥17,000 million (YoY +4.5%) / Profit attributable to owners of the parent ¥11,600 million (YoY +0.9%) |
| Annual Dividend Forecast | ¥160 → ¥154 |
| Payout ratio | Fiscal year ending March 2026 50.2% / Forecast for the fiscal year ending March 2027 50.4% |
| Shareholder Return Policy | During the 2026 Medium-Term Management Plan period, the company is targeting a consolidated dividend payout ratio of 50% and has set a 4.0% floor for DOE (dividend-on-equity ratio based on consolidated net assets) |
| Segment revenue | Electrical and information infrastructure-related manufacturing, construction and services business ¥119,877 million (YoY +4.9%), Electrical and information infrastructure-related distribution business ¥59,956 million (YoY +7.0%), Electronic components-related manufacturing business ¥15,949 million (YoY +10.7%) |
| Segment profit | Electrical and information infrastructure-related manufacturing, construction and services business ¥11,306 million (YoY +10.3%), Electrical and information infrastructure-related distribution business ¥2,628 million (YoY +25.8%), Electronic components-related manufacturing business ¥1,379 million (YoY +43.8%) |
| Depreciation and amortization | ¥6,423 million |
| Impairment loss | ¥379 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥57 million, Government subsidies ¥13 million, Gain on sale of investment securities ¥50 million, Gain on revision of retirement benefit plans ¥32 million / Extraordinary loss Loss on disposal and sale of non-current assets ¥159 million, Impairment Losses ¥379 million, Loss on reduction of fixed assets ¥13 million, Loss on Liquidation of Affiliates ¥72 million, Settlement Payments ¥256 million |
| Disclosure regarding the going concern assumption | Not applicable. |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | New 0 companies (company name: —) / Excluded 1 company (開技司科技(深圳)有限公司) |
| Material subsequent events | Not applicable. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Available (for institutional investors and analysts) |
| Issued Shares at Period-End | 40,458,000 shares |
| Treasury Shares at Period-End | 2,520,879 shares |
| Factors Behind Changes in Business Performance | Revenue, operating income and ordinary income increased on firm capital investment demand, rush demand ahead of standards changes, growing willingness to invest in IT as data center construction accelerated, new project wins in the domestic automotive market, and the effects of price revisions. Net income decreased as the extraordinary gain recognized in the previous fiscal year in connection with the acquisition of shares in a subsidiary did not recur. |
Items this document does not state (3)
Revision to Earnings ForecastRegional salesOrders received and order backlog
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 from the manufacturing, construction and services businesses related to electrical and information infrastructure increased on firm capital investment demand, while revenue from the distribution business increased as willingness to invest in IT grew. Revenue from the electronic components-related manufacturing business also increased on new project wins in the domestic automotive market, and the effects of price revisions pushed up profit. Net income attributable to owners of the parent decreased because the extraordinary gain recognized in the previous fiscal year in connection with the acquisition of shares in a subsidiary did not recur.
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.