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
17.4
% (year-on-year change in revenue)Wording
Avoiding a definitive answer
How definitive the wording is.Contents of this document
Presentation materials for financial resultsFirst quarter of the fiscal year ending December 20266 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales44.4 Hundreds of millions of yen+17.4%
Operating profit2.1 Hundreds of millions of yen
Net income-0.3 Hundreds of millions of yen
Full-year earnings forecast
Net Sales
175 Hundreds of millions of yen
Operating profit
6.5 Hundreds of millions of yen
Profit attributable to owners of the parent
2 Hundreds of millions of yen
Earnings per share
¥46.24
Dividend per share
¥32
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Increase in gross profit due to higher sales1.32 Hundreds of millions of yen
- Increase in gross profit from foreign exchange movements1.26 Hundreds of millions of yen
- Decrease in R&D expenses0.01 Hundreds of millions of yen
- Decrease in personnel expenses0.21 Hundreds of millions of yen
- Decrease in other expenses0.77 Hundreds of millions of yen
- Increase in SG&A expenses from foreign exchange movements-0.83 Hundreds of millions of yen
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
- Average exchange rate (¥/US$)Actual results for the fiscal year ended December 2025149.6Forecast for the fiscal year ending December 2026145
- Average exchange rate (¥/€)Actual results for the fiscal year ended December 2025169.2Forecast for the fiscal year ending December 2026170
- Foreign exchange rates, tariffs and demand trendsDetailsUncertainty taken into account
New initiatives
- Application by the US subsidiary for a refund of tariffs already paid
- Appeal in trademark litigation
Key KPIsA metric the company considers important as a management benchmark.
- EBITDA3.7 Hundreds of millions of yenYear on year against the same period last year+2.3%
Annual Dividend
Annual dividend per share¥32
Payout ratio
Rate69.2 %
| Item | Details |
|---|---|
| Document type | Presentation materials for financial results |
| Fiscal Period Covered | First quarter of the fiscal year ending December 2026 |
| Net Sales | 44.4 Hundreds of millions of yen (YoY +17.4%) |
| Operating profit | 2.1 Hundreds of millions of yen |
| Net income | -0.3 Hundreds of millions of yen |
| Full-year earnings forecast | Net Sales 175 Hundreds of millions of yen / Operating profit 6.5 Hundreds of millions of yen / Profit attributable to owners of the parent 2 Hundreds of millions of yen / Earnings per share ¥46.24 / Dividend per share ¥32 |
| Breakdown of Factors Affecting the Change | Factors Increase in gross profit due to higher sales / Amount 1.32 Hundreds of millions of yen, Factors Increase in gross profit from foreign exchange movements / Amount 1.26 Hundreds of millions of yen, Factors Decrease in R&D expenses / Amount 0.01 Hundreds of millions of yen, Factors Decrease in personnel expenses / Amount 0.21 Hundreds of millions of yen, Factors Decrease in other expenses / Amount 0.77 Hundreds of millions of yen, Factors Increase in SG&A expenses from foreign exchange movements / Amount -0.83 Hundreds of millions of yen |
| Key KPIs | Indicator name EBITDA / Value 3.7 Hundreds of millions of yen / Year on year against the same period last year 2.3 Hundreds of millions of yen |
| Assumptions Underlying the Business Outlook | Item Average exchange rate (¥/US$) / Actual results for the fiscal year ended December 2025 ¥149.6 / Forecast for the fiscal year ending December 2026 ¥145, Item Average exchange rate (¥/€) / Actual results for the fiscal year ended December 2025 ¥169.2 / Forecast for the fiscal year ending December 2026 ¥170, Item Foreign exchange rates, tariffs and demand trends / Details Uncertainty taken into account |
| Annual Dividend | Annual dividend per share ¥32 / Breakdown Not disclosed |
| Payout ratio | Rate 69.2 % |
| New initiatives | Application by the US subsidiary for a refund of tariffs already paid, Appeal in trademark litigation |
Items this document does not state (19)
Ordinary incomeGross Profit MarginOperating profit marginSelling, general and administrative expensesResults for the three months of the current quarterProgress against full-year forecastSelf-assessment against the planSegment resultsUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsAcquisition 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 on strong sales of new products, particularly the Studio series, strong European sales and the stronger euro, and signs of recovery in North America. Operating income turned profitable due to improved gross profit and the effects of structural reforms, including fixed-cost reductions and expense controls. An expected ¥120 million VAT assessment for prior fiscal years arising from a tax audit of a European subsidiary was recognized as an extraordinary loss, resulting in a quarterly net loss attributable to owners of the parent of ¥30 million.
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.