Worth reading
55In focus
Scored from 5 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
36.8
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 to 30 September 2026ConsolidatedJapanese GAAPNet Sales98,112¥ millionYear on year +10.3%Progress 45.2%
Operating profit7,242¥ millionYear on year +36.8%Progress 39.1%
Ordinary income7,484¥ millionYear on year +33.2%Progress 39.4%
Net income attributable to owners of the parent4,523¥ millionYear on year +32.1%
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¥119.14
Financial position at period-end
Total assets188,807¥ million
of which net assets 127,980 ¥ millionEquity ratio 67.0%vs. prior year-end +0.2pt
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+6,216
Investment-3,480
Financials-5,528
Net change-2,792
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¥31,748 million
Segment revenueElectrical and information infrastructure-related manufacturing, construction and services business ¥56,600 million (YoY +2.6%), Electrical and information infrastructure-related distribution business ¥32,275 million (YoY +23.5%), Electronic components-related manufacturing business ¥9,236 million (YoY +20.8%)
Segment profitElectrical and information infrastructure-related manufacturing, construction and services business ¥3,981 million (YoY +16.3%), Electrical and information infrastructure-related distribution business ¥1,831 million (YoY +76.5%), Electronic components-related manufacturing business ¥1,383 million (YoY +78.9%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥217,000 million (YoY +10.8%)
Operating profit¥18,500 million (YoY +19.8%)
Ordinary income¥19,000 million (YoY +16.8%)
Profit attributable to owners of the parent¥12,800 million (YoY +11.4%)
Revision to Earnings ForecastNot disclosed → Net Sales 217,000 / Operating profit 18,500 / Ordinary income 19,000 / Profit attributable to owners of the parent 12,800
Annual Dividend Forecast¥152 → ¥170（+11.8%）
Factors Behind Changes in Business Performance
Sales increased, mainly in the electrical and information infrastructure distribution business, due to corporate demand for capital investment driven by increased investment related to AI and semiconductors. Price revisions, projects for data centers, higher sales in the automotive market and expanded semiconductor demand also contributed.
Disclosure regarding the going concern assumption
Not applicable
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 Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed
Impairment lossNot applicable
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥2 million / Extraordinary loss Loss on disposal and sale of non-current assets ¥78 million
Depreciation and amortization¥3,044 million
Availability of Supplementary Financial Results MaterialsAvailable
Availability of Financial Results BriefingYes (for institutional investors and analysts)
Issued Shares at Period-End40,458,000 shares
Treasury Shares at Period-End2,440,157 shares
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 September 2026 |
| Net Sales | ¥98,112 million (YoY +10.3%) |
| Operating profit | ¥7,242 million (YoY +36.8%) |
| Ordinary income | ¥7,484 million (YoY +33.2%) |
| Profit attributable to owners of the parent | ¥4,523 million (YoY +32.1%) |
| Net income per share | ¥119.14 |
| Equity ratio | End of the current fiscal period 67 / End of previous period 66.8 |
| Total assets | ¥188,807 million |
| Net assets | ¥127,980 million |
| Cash flows from operating activities | ¥6,216 million |
| Cash flows from investing activities | ¥-3,480 million |
| Cash flows from financing activities | ¥-5,528 million |
| Cash and cash equivalents at end of period | ¥31,748 million |
| Full-year earnings forecast | Net Sales ¥217,000 million (YoY +10.8%) / Operating profit ¥18,500 million (YoY +19.8%) / Ordinary income ¥19,000 million (YoY +16.8%) / Profit attributable to owners of the parent ¥12,800 million (YoY +11.4%) |
| Revision to Earnings Forecast | Not disclosed → Net Sales 217,000 / Operating profit 18,500 / Ordinary income 19,000 / Profit attributable to owners of the parent 12,800 |
| Annual Dividend Forecast | ¥152 → ¥170（+11.8%） |
| Segment revenue | Electrical and information infrastructure-related manufacturing, construction and services business ¥56,600 million (YoY +2.6%), Electrical and information infrastructure-related distribution business ¥32,275 million (YoY +23.5%), Electronic components-related manufacturing business ¥9,236 million (YoY +20.8%) |
| Segment profit | Electrical and information infrastructure-related manufacturing, construction and services business ¥3,981 million (YoY +16.3%), Electrical and information infrastructure-related distribution business ¥1,831 million (YoY +76.5%), Electronic components-related manufacturing business ¥1,383 million (YoY +78.9%) |
| Depreciation and amortization | ¥3,044 million |
| Impairment loss | Not applicable |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥2 million / Extraordinary loss Loss on disposal and sale of non-current assets ¥78 million |
| Disclosure regarding the going concern assumption | Not applicable |
| 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 Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed |
| Availability of Supplementary Financial Results Materials | Available |
| Availability of Financial Results Briefing | Yes (for institutional investors and analysts) |
| Issued Shares at Period-End | 40,458,000 shares |
| Treasury Shares at Period-End | 2,440,157 shares |
| Factors Behind Changes in Business Performance | Sales increased, mainly in the electrical and information infrastructure distribution business, due to corporate demand for capital investment driven by increased investment related to AI and semiconductors. Price revisions, projects for data centers, higher sales in the automotive market and expanded semiconductor demand also contributed. |
Items this document does not state (6)
Operating MarginPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogMaterial subsequent events
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.Corporate demand for capital investment, driven by increased investment related to AI and semiconductors, resulted in higher sales, mainly in the electrical and information infrastructure distribution business. Segment-specific factors included price revisions, projects for data centers, higher sales in the automotive market and expanded semiconductor demand. The full-year earnings forecast was revised based on recent business trends.
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.