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Presentation materials for financial resultsFirst quarter of the fiscal year ending March 202711 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales262 Hundreds of millions of yen-16.1%
Operating profit28 Hundreds of millions of yen-3.4%
Ordinary income28 Hundreds of millions of yen-3.9%
Net income20 Hundreds of millions of yen-11.5%
Operating profit marginContinuing operations: 10.7%; prior-year quarter: 5.6%
Results for the three months of the current quarterConsolidated revenue of ¥26.2 billion, operating profit of ¥2.8 billion, ordinary profit of ¥2.8 billion, and net income attributable to owners of the parent of ¥2.0 billion. Revenue from continuing operations was ¥26.1 billion and operating profit was ¥2.7 billion.
Full-year earnings forecast
Net Sales
1,100 Hundreds of millions of yen
Operating profit
62 Hundreds of millions of yen
Ordinary income
62 Hundreds of millions of yen
Profit attributable to owners of the parent
45 Hundreds of millions of yen
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 Sales23.9%
Operating profit46.3%
Ordinary income46.1%
Profit attributable to owners of the parent45.4%
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Revenue from continuing operationsHigher selling prices: +¥1.7 billion; wholesale products: -¥1.5 billion; other subsidiaries: +¥200 million; other: +¥200 million
Operating profit from continuing operationsHigher selling prices and cost reductions: +¥1.8 billion; wholesale products: +¥100 million; foreign exchange: -¥700 million; other subsidiaries: +¥100 million; other: +¥30 million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Assumed full-year exchange rateUS$1 = ¥155.00
Q1 actual exchange rate¥156.04
Foreign exchange sensitivityA ¥1 appreciation of the yen: approximately +¥300 million in operating profit per year
Key componentsProcurement prices for key components, including semiconductors, are expected to increase
New initiatives
- Continue appropriate pricing
- Continue cost reduction initiatives
- Roll out VCE (Value Chain Engineering)
- Capital and business alliance with SECURE,INC.
- Capital and business alliance with 株式会社ビットキー
- Contract development of network video recorders
- 『イナリス』 selected for a public-sector project
Key KPIsA metric the company considers important as a management benchmark.
- Consolidated ROE15 % or higher
- Operating margin for continuing operations10.7 %Year on year against the same period last year+5.1 percentage points
Unit price and quantity metricsThese figures show sales broken down by price and volume.
Selling prices increased. Sales volumes were generally in line with expectations, although sales volumes for SSDs and other products declined. Specific volume figures: Not disclosed.Segment results
Continuing operations: revenue of ¥26.1 billion (+1.6% year on year) and operating profit of ¥2.7 billion (+93.5%). Airdog series and other products: revenue of ¥100 million (-97.5%) and operating profit of ¥70 million (-94.9%).Financial targets
Consolidated ROE target15% or higher
Actual results for the fiscal year ending March 2026
ROA9.7%
ROIC14.1%
ROE18.3%
Targets for the fiscal year ending March 2027 and beyond
ROA7-8%
ROIC13-14%
ROE15%
Number of employees
611 employees; 963 on a consolidated group basis (as of 31 March 2026)Annual Dividend
Annual¥60 per share
Interim¥30 per share
End of period¥30 per share
Payout ratio
Consolidated payout ratio of 30–40% as a guidelineAcquisition of treasury shares
Up to ¥11.2 billion
Number of Shares4 million shares
Period15 May 2026–30 April 2027
Shares acquired as of the end of June 20260 shares
| Item | Details |
|---|---|
| Document type | Presentation materials for financial results |
| Fiscal Period Covered | First quarter of the fiscal year ending March 2027 |
| Net Sales | 262 Hundreds of millions of yen (YoY -16.1%) |
| Operating profit | 28 Hundreds of millions of yen (YoY -3.4%) |
| Ordinary income | 28 Hundreds of millions of yen (YoY -3.9%) |
| Net income | 20 Hundreds of millions of yen (YoY -11.5%) |
| Operating profit margin | Continuing operations: 10.7%; prior-year quarter: 5.6% |
| Results for the three months of the current quarter | Consolidated revenue of ¥26.2 billion, operating profit of ¥2.8 billion, ordinary profit of ¥2.8 billion, and net income attributable to owners of the parent of ¥2.0 billion. Revenue from continuing operations was ¥26.1 billion and operating profit was ¥2.7 billion. |
| Full-year earnings forecast | Net Sales 1,100 Hundreds of millions of yen / Operating profit 62 Hundreds of millions of yen / Ordinary income 62 Hundreds of millions of yen / Profit attributable to owners of the parent 45 Hundreds of millions of yen |
| Progress against full-year forecast | Net Sales 23.9% / Operating profit 46.3% / Ordinary income 46.1% / Profit attributable to owners of the parent 45.4% |
| Segment results | Continuing operations: revenue of ¥26.1 billion (+1.6% year on year) and operating profit of ¥2.7 billion (+93.5%). Airdog series and other products: revenue of ¥100 million (-97.5%) and operating profit of ¥70 million (-94.9%). |
| Breakdown of Factors Affecting the Change | Revenue from continuing operations Higher selling prices: +¥1.7 billion; wholesale products: -¥1.5 billion; other subsidiaries: +¥200 million; other: +¥200 million / Operating profit from continuing operations Higher selling prices and cost reductions: +¥1.8 billion; wholesale products: +¥100 million; foreign exchange: -¥700 million; other subsidiaries: +¥100 million; other: +¥30 million |
| Key KPIs | Indicator name Consolidated ROE / Value 15 % or higher / Year on year against the same period last year Not disclosed, Indicator name Operating margin for continuing operations / Value 10.7 % / Year on year against the same period last year +5.1 percentage points |
| Unit price and quantity metrics | Selling prices increased. Sales volumes were generally in line with expectations, although sales volumes for SSDs and other products declined. Specific volume figures: Not disclosed. |
| Number of employees | 611 employees; 963 on a consolidated group basis (as of 31 March 2026) |
| Assumptions Underlying the Business Outlook | Assumed full-year exchange rate US$1 = ¥155.00 / Q1 actual exchange rate ¥156.04 / Foreign exchange sensitivity A ¥1 appreciation of the yen: approximately +¥300 million in operating profit per year / Key components Procurement prices for key components, including semiconductors, are expected to increase |
| Financial targets | Consolidated ROE target 15% or higher / Actual results for the fiscal year ending March 2026 ROA 9.7% / ROIC 14.1% / ROE 18.3% / Targets for the fiscal year ending March 2027 and beyond ROA 7-8% / ROIC 13-14% / ROE 15% |
| Annual Dividend | Annual ¥60 per share / Interim ¥30 per share / End of period ¥30 per share |
| Payout ratio | Consolidated payout ratio of 30–40% as a guideline |
| Acquisition of treasury shares | Amount Up to ¥11.2 billion / Number of Shares 4 million shares / Period 15 May 2026–30 April 2027 / Shares acquired as of the end of June 2026 0 shares |
| New initiatives | Continue appropriate pricing, Continue cost reduction initiatives, Roll out VCE (Value Chain Engineering), Capital and business alliance with SECURE,INC., Capital and business alliance with 株式会社ビットキー, Contract development of network video recorders, 『イナリス』 selected for a public-sector project |
Items this document does not state (10)
Gross Profit MarginSelling, general and administrative expensesSelf-assessment against the planNumber of stores and locationsRisk amount incorporated into the outlookMedium-term management plan targetsCapital 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.In continuing operations, higher selling prices resulting from appropriate pricing, cost reductions, and profit control for wholesale products contributed to results. For consolidated results overall, the termination of the exclusive distribution agreement for the Airdog series was the primary cause of the decline in revenue and profit. The company explained that a weaker yen and higher procurement prices for key components, including semiconductors, will present headwinds to profit going forward.
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