Worth reading
60In focus
Scored from 4 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
2034
¥ millionWording
Definitive
How definitive the wording is.Contents of this document
Financial results presentationFirst quarter of the fiscal year ending March 20276 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥24,967 million+8.9%
Operating profit¥606 million+58.9%
Ordinary income¥311 million+80.3%
Net income¥204 million
Operating profit margin2.4 %
Results for the three months of the current quarter
Net Sales
¥24,967 million
Operating profit
¥606 million
Ordinary income
¥311 million
Net income
¥204 million
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 revenue¥356 million
- Deterioration in material cost ratio¥-269 million
- Foreign Exchange Effects¥39 million
- Other¥99 million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Exchange rate
- USD 1 = JPY 159.57
- Previous fiscal year: USD 1 = JPY 144.6
New initiatives
- New model “Ebisu Eight” debuts
Key KPIsA metric the company considers important as a management benchmark.
- ROE1.4 %Year on year against the same period last year+1.4pt
- Operating margin2.4 %Year on year against the same period last year+0.7pt
- Equity ratio17.2 %Year on year against the same period last year+0.5 pt vs. end of previous fiscal year
Segment results
Automotive Equipment
Net Sales
¥11,062 million+16.3%
Profit
¥322 million-20.0%
Energy solutions
Net Sales
¥4,759 million-14.9%
Profit
¥259 million-19.2%
Electronic equipment
Net Sales
¥8,886 million+16.5%
Profit
¥559 million+109.5%
Other Businesses
Net Sales
¥258 million+32.1%
Profit
¥0 million
Capital expenditures
¥351 million
| Item | Details |
|---|---|
| Document type | Financial results presentation |
| Fiscal Period Covered | First quarter of the fiscal year ending March 2027 |
| Net Sales | ¥24,967 million (YoY +8.9%) |
| Operating profit | ¥606 million (YoY +58.9%) |
| Ordinary income | ¥311 million (YoY +80.3%) |
| Net income | ¥204 million |
| Operating profit margin | 2.4 % |
| Results for the three months of the current quarter | Net Sales ¥24,967 million / Operating profit ¥606 million / Ordinary income ¥311 million / Net income ¥204 million |
| Segment results | Automotive Equipment Net Sales ¥11,062 million (YoY +16.3%) / Profit ¥322 million (YoY -20.0%) / Energy solutions Net Sales ¥4,759 million (YoY -14.9%) / Profit ¥259 million (YoY -19.2%) / Electronic equipment Net Sales ¥8,886 million (YoY +16.5%) / Profit ¥559 million (YoY +109.5%) / Other Businesses Net Sales ¥258 million (YoY +32.1%) / Profit ¥0 million |
| Breakdown of Factors Affecting the Change | Factors Increase in revenue / Amount ¥356 million, Factors Deterioration in material cost ratio / Amount ¥-269 million, Factors Foreign Exchange Effects / Amount ¥39 million, Factors Other / Amount ¥99 million |
| Key KPIs | Indicator name ROE / Value 1.4 % / Year on year against the same period last year +1.4pt, Indicator name Operating margin / Value 2.4 % / Year on year against the same period last year +0.7pt, Indicator name Equity ratio / Value 17.2 % / Year on year against the same period last year +0.5 pt vs. end of previous fiscal year |
| Assumptions Underlying the Business Outlook | Exchange rate USD 1 = JPY 159.57, Previous fiscal year: USD 1 = JPY 144.6 |
| Capital expenditures | ¥351 million |
| New initiatives | New model “Ebisu Eight” debuts |
Items this document does not state (17)
Gross Profit MarginSelling, general and administrative expensesFull-year earnings forecastProgress against full-year forecastSelf-assessment against the planUnit 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.The automotive equipment business reported higher revenue due to increased production and demand for vehicles with internal-combustion engines in India, North America and Europe, but profit declined due to additional tariffs and costs incurred to address rare-earth export restrictions. The energy solutions business reported lower revenue and profit due to delays in obtaining certification under the new JC-STAR cybersecurity standard and inventory adjustments for older models. The electronic equipment business reported higher revenue and profit due to rush demand for air-conditioning equipment ahead of revisions to domestic energy-efficiency standards.
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.