Worth reading
42Recurring
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
20.3
Year-on-year change in operating profit (%)Wording
Conditional
How definitive the wording is.Results for this period
Full year1 April 2025–31 March 2026ConsolidatedJapanese GAAPNet Sales608,995¥ millionYear on year +4.9%Progress 92.3%
Operating profit60,172¥ millionYear on year +20.3%Progress 100.3%
Ordinary income58,229¥ millionYear on year +25.6%Progress 104.0%
Net income attributable to owners of the parent41,863¥ millionYear on year +37.6%Progress 116.3%
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¥417.33
Operating Margin9.9%
Financial position at period-end
Total assets740,985¥ million
of which net assets 444,098 ¥ millionEquity ratio 53.3%vs. prior year-end +3.3pt
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+49,543
Investment-44,898
Financials-31,758
Net change-27,113
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¥31,975 million
Segment revenueDomestic automotive batteries ¥108,006 million (YoY +6.0%), Overseas automotive batteries ¥264,511 million (YoY +1.7%), Industrial batteries and power supplies ¥124,093 million (YoY +9.7%), Automotive Lithium-Ion Batteries ¥89,928 million (YoY +8.6%)
Segment profitDomestic automotive batteries ¥11,682 million (before amortization of goodwill and other items) (YoY +9.5%), Overseas automotive batteries ¥24,485 million (before amortization of goodwill and other items) (YoY +30.9%), Industrial batteries and power supplies ¥18,409 million (before amortization of goodwill and other items) (YoY +3.1%), Automotive Lithium-Ion Batteries ¥4,927 million (before amortization of goodwill and other items) (YoY +256.1%), Other ¥1,502 million (before amortization of goodwill and other items) (YoY -29.7%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥660,000 million (YoY +8.4%)
Operating profit¥60,000 million (YoY -0.3%)
Ordinary income¥56,000 million (YoY -3.8%)
Net income¥36,000 million (YoY -14.0%)
Annual Dividend Forecast¥75 → ¥98（+30.7%）
Payout ratioFiscal year ending March 2026 21.6 / Forecast for the fiscal year ending March 2027 27.3
Factors Behind Changes in Business Performance
Higher sales of industrial batteries and power systems, automotive lithium-ion batteries and domestic automotive batteries. The increase in ordinary income was driven by higher operating income and lower foreign exchange losses, while the increase in net income attributable to owners of the parent reflected higher gains on sales of investment securities and lower impairment losses.
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 / Excluded 0 / Company name None
Material subsequent eventsNot applicable.
Impairment loss¥0 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥1,580 million, Gain on sale of investment securities ¥6,998 million, Insurance proceeds received ¥359 million, Gain on receipt of government subsidies ¥575 million, Reversal of special reserve for compression accounting ¥80 million / Extraordinary loss Loss on Disposal of Fixed Assets ¥645 million, Loss on sale of fixed assets ¥34 million, Loss on reduction of fixed assets ¥71 million, Provision for special reserve for deferred gain on replacement assets ¥510 million, Provision for losses on liquidation of affiliated companies ¥3,318 million, Environmental Measures Expense ¥544 million, Loss on changes in equity interests ¥151 million
Depreciation and amortization¥26,627 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (for institutional investors and analysts)
Issued Shares at Period-End100,446,442
Treasury Shares at Period-End126,959
| 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 | ¥608,995 million (YoY +4.9%) |
| Operating profit | ¥60,172 million (YoY +20.3%) |
| Ordinary income | ¥58,229 million (YoY +25.6%) |
| Profit attributable to owners of the parent | ¥41,863 million (YoY +37.6%) |
| Net income per share | ¥417.33 |
| Operating Margin | 9.9% |
| Equity ratio | End of the current fiscal period 53.3% / End of previous period 50.0% |
| Total assets | ¥740,985 million |
| Net assets | ¥444,098 million |
| Cash flows from operating activities | ¥49,543 million |
| Cash flows from investing activities | ¥-44,898 million |
| Cash flows from financing activities | ¥-31,758 million |
| Cash and cash equivalents at end of period | ¥31,975 million |
| Full-year earnings forecast | Net Sales ¥660,000 million (YoY +8.4%) / Operating profit ¥60,000 million (YoY -0.3%) / Ordinary income ¥56,000 million (YoY -3.8%) / Net income ¥36,000 million (YoY -14.0%) |
| Annual Dividend Forecast | ¥75 → ¥98（+30.7%） |
| Payout ratio | Fiscal year ending March 2026 21.6 / Forecast for the fiscal year ending March 2027 27.3 |
| Segment revenue | Domestic automotive batteries ¥108,006 million (YoY +6.0%), Overseas automotive batteries ¥264,511 million (YoY +1.7%), Industrial batteries and power supplies ¥124,093 million (YoY +9.7%), Automotive Lithium-Ion Batteries ¥89,928 million (YoY +8.6%) |
| Segment profit | Domestic automotive batteries ¥11,682 million (before amortization of goodwill and other items) (YoY +9.5%), Overseas automotive batteries ¥24,485 million (before amortization of goodwill and other items) (YoY +30.9%), Industrial batteries and power supplies ¥18,409 million (before amortization of goodwill and other items) (YoY +3.1%), Automotive Lithium-Ion Batteries ¥4,927 million (before amortization of goodwill and other items) (YoY +256.1%), Other ¥1,502 million (before amortization of goodwill and other items) (YoY -29.7%) |
| Depreciation and amortization | ¥26,627 million |
| Impairment loss | ¥0 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥1,580 million, Gain on sale of investment securities ¥6,998 million, Insurance proceeds received ¥359 million, Gain on receipt of government subsidies ¥575 million, Reversal of special reserve for compression accounting ¥80 million / Extraordinary loss Loss on Disposal of Fixed Assets ¥645 million, Loss on sale of fixed assets ¥34 million, Loss on reduction of fixed assets ¥71 million, Provision for special reserve for deferred gain on replacement assets ¥510 million, Provision for losses on liquidation of affiliated companies ¥3,318 million, Environmental Measures Expense ¥544 million, Loss on changes in equity interests ¥151 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 / Excluded 0 / Company name None |
| 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 | 100,446,442 |
| Treasury Shares at Period-End | 126,959 |
| Factors Behind Changes in Business Performance | Higher sales of industrial batteries and power systems, automotive lithium-ion batteries and domestic automotive batteries. The increase in ordinary income was driven by higher operating income and lower foreign exchange losses, while the increase in net income attributable to owners of the parent reflected higher gains on sales of investment securities and lower impairment losses. |
Items this document does not state (4)
Revision to Earnings ForecastShareholder Return PolicyRegional 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 and operating income increased due to higher sales of industrial batteries and power systems, automotive lithium-ion batteries and domestic automotive batteries. The increase in ordinary income was driven by higher operating income and a decrease in foreign exchange losses, while the increase in net income attributable to owners of the parent reflected higher gains on sales of investment securities and lower impairment losses. For the next fiscal year, higher sales are expected in lithium-ion batteries for electric vehicles, regular-use applications such as ESS, and emergency power supplies, while downside risks arising from factors including a closure of the Strait of Hormuz have been taken into consideration.
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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