Worth reading
64In focus
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
77.6
Full-year forecast year-on-year change in operating profit (%)Wording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAPNet Sales33,744Millions of yenYear on year +6.1%Progress 33.7%
Operating profit842Millions of yenProgress 10.5%
Ordinary income1,127Millions of yenProgress 14.1%
Net income attributable to owners of the parent705Millions of yen
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¥11.43
Financial position at period-end
Total assets113,554Millions of yen
of which net assets 54,526 Millions of yenEquity ratio 48.0%vs. prior year-end +1.3pt
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+1,094
Investment-1,258
Financials-992
Net change-1,156
Stacked from zero: upward is an increase in cash, downward a decrease (in Millions of yen).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 period5,691 Millions of yen
Segment revenue
Signal Systems Business25,07474.3%
Power Electronics Business8,67025.7%
Segment profit
Signal Systems Business1,67747.4%
Power Electronics Business1,85952.6%
Outlook and shareholder returns
Full-year earnings forecast
Net Sales100,000 Millions of yen (YoY +7.4%)
Operating profit8,000 Millions of yen (YoY +77.6%)
Ordinary income8,000 Millions of yen (YoY +53.7%)
Profit attributable to owners of the parent5,500 Millions of yen (YoY +9.1%)
Revision to Earnings ForecastNot disclosed → Net Sales 100,000 Millions of yen / Operating profit 8,000 Millions of yen / Ordinary income 8,000 Millions of yen / Profit attributable to owners of the parent 5,500 Millions of yen
Annual Dividend Forecast25 Yen → 30 Yen（+20.0%）
Factors Behind Changes in Business Performance
Steady performance in the Signal Systems business and Power Electronics business, the effect of higher revenue and improved profitability, among other factors.
Disclosure regarding the going concern assumption
None 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 companies / Excluded 0 companies / Company name Not disclosed
Material subsequent eventsNo applicable items
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets 0 Millions of yen, Gain on Sale of Investment Securities 2 Millions of yen / Extraordinary loss Loss on disposal and sale of non-current assets 0 Millions of yen
Depreciation and amortization819 Millions of yen
Orders received and order backlogOrders received 72,513 Millions of yen / Order backlog Not disclosed
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable Yes / Subject person Not disclosed
Issued Shares at Period-End62,844,251
Treasury Shares at Period-End1,121,879
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 September 2026 |
| Net Sales | 33,744 Millions of yen (YoY +6.1%) |
| Operating profit | 842 Millions of yen |
| Ordinary income | 1,127 Millions of yen |
| Profit attributable to owners of the parent | 705 Millions of yen |
| Net income per share | ¥11.43 |
| Equity ratio | End of the current fiscal period 48 / End of previous period 46.7 |
| Total assets | 113,554 Millions of yen |
| Net assets | 54,526 Millions of yen |
| Cash flows from operating activities | 1,094 Millions of yen |
| Cash flows from investing activities | -1,258 Millions of yen |
| Cash flows from financing activities | -992 Millions of yen |
| Cash and cash equivalents at end of period | 5,691 Millions of yen |
| Full-year earnings forecast | Net Sales 100,000 Millions of yen (YoY +7.4%) / Operating profit 8,000 Millions of yen (YoY +77.6%) / Ordinary income 8,000 Millions of yen (YoY +53.7%) / Profit attributable to owners of the parent 5,500 Millions of yen (YoY +9.1%) |
| Revision to Earnings Forecast | Not disclosed → Net Sales 100,000 Millions of yen / Operating profit 8,000 Millions of yen / Ordinary income 8,000 Millions of yen / Profit attributable to owners of the parent 5,500 Millions of yen |
| Annual Dividend Forecast | 25 Yen → 30 Yen（+20.0%） |
| Segment revenue | Signal Systems Business 25,074 Millions of yen / Power Electronics Business 8,670 Millions of yen |
| Segment profit | Signal Systems Business 1,677 Millions of yen / Power Electronics Business 1,859 Millions of yen |
| Orders received and order backlog | Orders received 72,513 Millions of yen / Order backlog Not disclosed |
| Depreciation and amortization | 819 Millions of yen |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets 0 Millions of yen, Gain on Sale of Investment Securities 2 Millions of yen / Extraordinary loss Loss on disposal and sale of non-current assets 0 Millions of yen |
| Disclosure regarding the going concern assumption | None 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 companies / Excluded 0 companies / Company name Not disclosed |
| Material subsequent events | No applicable items |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Whether applicable Yes / Subject person Not disclosed |
| Issued Shares at Period-End | 62,844,251 |
| Treasury Shares at Period-End | 1,121,879 |
| Factors Behind Changes in Business Performance | Steady performance in the Signal Systems business and Power Electronics business, the effect of higher revenue and improved profitability, among other factors. |
Items this document does not state (5)
Operating MarginPayout ratioShareholder Return PolicyRegional salesImpairment loss
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.This was due to steady performance in the Signal Systems business and Power Electronics business, as well as the effect of higher revenue and improved profitability. In the Signal Systems business, large overseas projects and equipment renewals by domestic railway operators contributed, while demand in the semiconductor manufacturing equipment market contributed to the Power Electronics business.
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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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.