Worth reading
50Recurring
Scored from 5 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
20.3
% (year-on-year change in full-year operating income forecast)Wording
Avoiding a definitive answer
How definitive the wording is.Results for this period
Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedIFRSNet Sales4,092,520¥ millionYear on year +7.1%Progress 48.7%
Operating profit363,229¥ millionYear on year +120.1%Progress 51.2%
Ordinary income372,979¥ millionYear on year +109.7%Progress 51.8%
Net income attributable to owners of the parent276,953¥ millionYear on year +94.5%Progress 51.3%
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¥118.62
Financial position at period-end
Total assets10,307,555¥ million
of which net assets 5,528,159 ¥ millionEquity ratio 52.1%vs. prior year-end +0.9pt
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+323,082
Investment-239,732
Financials-87,555
Net change-4,205
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).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 period¥761,453 million
Segment revenue
Connect693,31618.1%
Electric Works553,48814.4%
HVAC ＆ CC704,88218.4%
Energy625,32616.3%
Industry657,63817.1%
Smart Life602,01815.7%
Segment profit
Connect58,08217.2%
Electric Works57,29517.0%
HVAC ＆ CC30,7519.1%
Energy96,50928.7%
Industry86,91825.8%
Smart Life7,2792.2%
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥8,400,000 million (YoY +4.4%)
Operating profit¥710,000 million (YoY +200.3%)
Ordinary income¥720,000 million (YoY +173.7%)
Net income¥540,000 million (YoY +184.9%)
Revision to Earnings ForecastNet Sales ¥78,000 100 million → ¥84,000 100 million（+7.7%） / Operating profit ¥5,900 100 million → ¥7,100 100 million（+20.3%） / Pretax profit ¥5,900 100 million → ¥7,200 100 million（+22.0%） / Profit attributable to owners of the parent ¥4,500 100 million → ¥5,400 100 million（+20.0%） / Basic earnings per share 192.73 yen → 231.26 yen
Annual Dividend Forecast40 yen → 70 yen（+75.0%）
Factors Behind Changes in Business Performance
The specific factors behind the change are not explained in the interim results filing, which directs readers to the presentation materials. Other gains and losses include ¥19 billion in recall costs for drum-type washer-dryers.
Disclosure regarding the going concern assumption
Not applicable (no matters to report in the notes on the going concern assumption)
Change in accounting policy
基準改正に伴う変更 Yesそれ以外の変更 No見積りの変更 No修正再表示 Not disclosed
Changes in the scope of consolidationNewly consolidated: 0 companies; excluded: 0 companies (no material change in the scope of consolidation during the interim period)
Material subsequent eventsIn October 2026, the company redeemed ¥150 billion in public hybrid bonds before maturity and borrowed ¥50 billion through subordinated term loans during the same month.
Depreciation and amortization¥202,114 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for the media, securities analysts and institutional investors)
Issued Shares at Period-End2,454,737,697 shares
Treasury Shares at Period-End119,636,583 treasury shares
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | IFRS |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 September 2026 |
| Net Sales | ¥4,092,520 million (YoY +7.1%) |
| Operating profit | ¥363,229 million (YoY +120.1%) |
| Ordinary income | ¥372,979 million (YoY +109.7%) |
| Profit attributable to owners of the parent | ¥276,953 million (YoY +94.5%) |
| Net income per share | ¥118.62 |
| Equity ratio | End of the current fiscal period 52.1 / End of previous period 51.2 |
| Total assets | ¥10,307,555 million |
| Net assets | ¥5,528,159 million |
| Cash flows from operating activities | ¥323,082 million |
| Cash flows from investing activities | ¥-239,732 million |
| Cash flows from financing activities | ¥-87,555 million |
| Cash and cash equivalents at end of period | ¥761,453 million |
| Full-year earnings forecast | Net Sales ¥8,400,000 million (YoY +4.4%) / Operating profit ¥710,000 million (YoY +200.3%) / Ordinary income ¥720,000 million (YoY +173.7%) / Net income ¥540,000 million (YoY +184.9%) |
| Revision to Earnings Forecast | Net Sales ¥78,000 100 million → ¥84,000 100 million（+7.7%） / Operating profit ¥5,900 100 million → ¥7,100 100 million（+20.3%） / Pretax profit ¥5,900 100 million → ¥7,200 100 million（+22.0%） / Profit attributable to owners of the parent ¥4,500 100 million → ¥5,400 100 million（+20.0%） / Basic earnings per share 192.73 yen → 231.26 yen |
| Annual Dividend Forecast | 40 yen → 70 yen（+75.0%） |
| Segment revenue | Connect ¥693,316 million / Electric Works ¥553,488 million / HVAC ＆ CC ¥704,882 million / Energy ¥625,326 million / Industry ¥657,638 million / Smart Life ¥602,018 million |
| Segment profit | Connect ¥58,082 million / Electric Works ¥57,295 million / HVAC ＆ CC ¥30,751 million / Energy ¥96,509 million / Industry ¥86,918 million / Smart Life ¥7,279 million |
| Depreciation and amortization | ¥202,114 million |
| Disclosure regarding the going concern assumption | Not applicable (no matters to report in the notes on the going concern assumption) |
| Change in accounting policy | Changes due to revisions to standards Yes / Other changes No / Change in accounting estimate No / Restatement Not disclosed |
| Changes in the scope of consolidation | Newly consolidated: 0 companies; excluded: 0 companies (no material change in the scope of consolidation during the interim period) |
| Material subsequent events | In October 2026, the company redeemed ¥150 billion in public hybrid bonds before maturity and borrowed ¥50 billion through subordinated term loans during the same month. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (for the media, securities analysts and institutional investors) |
| Issued Shares at Period-End | 2,454,737,697 shares |
| Treasury Shares at Period-End | 119,636,583 treasury shares |
| Factors Behind Changes in Business Performance | The specific factors behind the change are not explained in the interim results filing, which directs readers to the presentation materials. Other gains and losses include ¥19 billion in recall costs for drum-type washer-dryers. |
Items this document does not state (7)
Operating MarginPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogImpairment lossBreakdown of extraordinary income (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.The specific reasons for the revision to the full-year earnings forecast are not explained in the filing. The filing directs readers to the presentation materials posted on 30 October 2026. The forecasts are based on certain assumptions judged reasonable at the present time.
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.