Worth reading
68In focus
Scored from 5 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
-1003
¥ million (FY ending March 2027 operating profit vs. the previous fiscal year's actual result)Wording
Conditional
How definitive the wording is.Contents of this document
Financial results presentationFourth quarter of the fiscal year ended March 20267 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥96,768 million+5.5%
Operating profit¥2,753 million+21.3%
Ordinary income¥2,738 million+86.6%
Net income¥819 million +94.1%net income attributable to owners of the parent
Operating profit margin
Rate2.8%
Year-on-year change (points)+0.3pt
Results for the three months of the current quarter
Net Sales¥96,768 million; operating profit of ¥2,753 million; ordinary profit of ¥2,738 million; net income attributable to owners of the parent of ¥819 million
Full-year earnings forecast
Net Sales¥99,400 million
Operating profit¥1,750 million
Ordinary income¥510 million
Net income for the current fiscal year¥10 million
Capital Expenditure¥3,480 million
Research and development costs¥4,080 million
Depreciation and amortization¥3,400 million
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
The Automotive Equipment business reported higher sales and profit; sales in the Energy Solutions business were broadly in line with plan; and sales and operating profit in the Electronic Equipment business exceeded forecasts.Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Increase in revenue+¥2,106 million
- Deterioration in material cost ratio−¥92 million
- Foreign Exchange Effects−¥10 million
- Other−¥1,521 million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
- Exchange rateUSD 1 = ¥148 (forecast for the fiscal year ending March 2027)
New initiatives
- Full-scale mass production and increased production of new ignition coils overseas
- R&D investment in next-generation ignition coils
- Sales rollout of the new product “恵比寿八”
Key KPIsA metric the company considers important as a management benchmark.
- ROE6.3%Year on year against the same period last year+2.5pt
- Operating margin2.8%Year on year against the same period last year+0.3pt
- Equity ratio17.3%Year on year against the same period last year+2.9pt
Segment results
Automotive Equipment
Net Sales¥40,468 million (up 15.9% year on year)
Operating profit¥1,249 million (up 228.3% year on year)
Energy solutions
Net Sales¥24,142 million (down 1.6% year on year)
Operating profit¥2,294 million (down 18.7% year on year)
Electronic equipment
Net Sales¥30,956 million (down 0.1% year on year)
Operating profit¥1,418 million (up 34.7% year on year)
Other Businesses
Net Sales¥1,201 million (down 5.9% year on year)
Operating profit−¥30 million (−¥181 million in the previous year)
Capital expenditures
1,770 Millions of yen fiscal year ended March 2026 actual
| Item | Details |
|---|---|
| Document type | Financial results presentation |
| Fiscal Period Covered | Fourth quarter of the fiscal year ended March 2026 |
| Net Sales | ¥96,768 million (YoY +5.5%) |
| Operating profit | ¥2,753 million (YoY +21.3%) |
| Ordinary income | ¥2,738 million (YoY +86.6%) |
| Net income | ¥819 million (net income attributable to owners of the parent) (YoY +94.1%) |
| Operating profit margin | Rate 2.8% / Year-on-year change (points) +0.3pt |
| Results for the three months of the current quarter | Net Sales ¥96,768 million; operating profit of ¥2,753 million; ordinary profit of ¥2,738 million; net income attributable to owners of the parent of ¥819 million |
| Full-year earnings forecast | Net Sales ¥99,400 million / Operating profit ¥1,750 million / Ordinary income ¥510 million / Net income for the current fiscal year ¥10 million / Capital Expenditure ¥3,480 million / Research and development costs ¥4,080 million / Depreciation and amortization ¥3,400 million |
| Self-assessment against the plan | The Automotive Equipment business reported higher sales and profit; sales in the Energy Solutions business were broadly in line with plan; and sales and operating profit in the Electronic Equipment business exceeded forecasts. |
| Segment results | Automotive Equipment Net Sales ¥40,468 million (up 15.9% year on year) / Operating profit ¥1,249 million (up 228.3% year on year) / Energy solutions Net Sales ¥24,142 million (down 1.6% year on year) / Operating profit ¥2,294 million (down 18.7% year on year) / Electronic equipment Net Sales ¥30,956 million (down 0.1% year on year) / Operating profit ¥1,418 million (up 34.7% year on year) / Other Businesses Net Sales ¥1,201 million (down 5.9% year on year) / Operating profit −¥30 million (−¥181 million in the previous year) |
| Breakdown of Factors Affecting the Change | Factors Increase in revenue / Amount +¥2,106 million, Factors Deterioration in material cost ratio / Amount −¥92 million, Factors Foreign Exchange Effects / Amount −¥10 million, Factors Other / Amount −¥1,521 million |
| Key KPIs | Indicator name ROE / Value 6.3% / Year on year against the same period last year +2.5pt, Indicator name Operating margin / Value 2.8% / Year on year against the same period last year +0.3pt, Indicator name Equity ratio / Value 17.3% / Year on year against the same period last year +2.9pt |
| Assumptions Underlying the Business Outlook | Item Exchange rate / Value USD 1 = ¥148 (forecast for the fiscal year ending March 2027) |
| Capital expenditures | 1,770 Millions of yen (fiscal year ended March 2026 actual) |
| New initiatives | Full-scale mass production and increased production of new ignition coils overseas, R&D investment in next-generation ignition coils, Sales rollout of the new product “恵比寿八” |
Items this document does not state (15)
Gross Profit MarginSelling, general and administrative expensesProgress against full-year forecastUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsAnnual DividendPayout ratioAcquisition of treasury sharesOrders 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.For the fiscal year ended March 2026, the Automotive Equipment business reported higher sales and profits, driven by increased production of internal-combustion-engine vehicles in the United States and the recovery of costs related to additional tariffs and rare-earth export controls. For the fiscal year ending March 2027, profit is expected to increase in the Automotive Equipment business due to the start of full-scale mass production and increased production of new ignition coils. In the Energy Solutions business, however, profit is expected to decline because of higher semiconductor prices and increased R&D investment, while the Electronic Equipment business is expected to see lower profit due to higher costs resulting from increased production and higher R&D expenses.
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.