Worth reading
47Recurring
Scored from 4 of 6 sectionsDirection
Deterioration
Direction inferred from the company’s description.Scale
-433
¥ millionWording
Avoiding a definitive answer
How definitive the wording is.Contents of this document
Financial results presentationFirst quarter of the fiscal year ending March 20274 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥2,068 million-17.3%
Operating profit¥34 million-85.9%
Ordinary income¥59 million-70.0%
Net income¥56 million-25.8%
Operating profit margin1.7 %
Progress against full-year forecast 通期の予想に対して、いまどこまで進んだかの割合です。Actual results and forecasts for variable resistors and automotive products in domestic sales are shown in a graph. Progress against the full-year forecast based on numerical figures: Not disclosed
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Amounts are not provided. Variable resistors: customer inventory adjustments and production delays following the transfer. Automotive electrical components: solid heater demand and lower domestic and China-bound demand for contact-type sensors.
New initiatives
The company is proceeding with price revisions. For variable resistors, it will review its organizational structure and seek to recover production delays.Segment results
- Variable resistorsNet Sales¥845 million (YoY -11.4%)Segment profit¥179 million (YoY -38.9%)
- Automotive electrical componentsNet Sales¥1,223 million (YoY -19.7%)Segment profit¥91 million (YoY -48.5%)
Capital expenditures
0.4 Hundreds of millions of yen
| Item | Details |
|---|---|
| Document type | Financial results presentation |
| Fiscal Period Covered | First quarter of the fiscal year ending March 2027 |
| Net Sales | ¥2,068 million (YoY -17.3%) |
| Operating profit | ¥34 million (YoY -85.9%) |
| Ordinary income | ¥59 million (YoY -70.0%) |
| Net income | ¥56 million (YoY -25.8%) |
| Operating profit margin | 1.7 % |
| Progress against full-year forecast | Actual results and forecasts for variable resistors and automotive products in domestic sales are shown in a graph. Progress against the full-year forecast based on numerical figures: Not disclosed |
| Segment results | Segment Variable resistors / Net Sales ¥845 million (YoY -11.4%) / Segment profit ¥179 million (YoY -38.9%), Segment Automotive electrical components / Net Sales ¥1,223 million (YoY -19.7%) / Segment profit ¥91 million (YoY -48.5%) |
| Breakdown of Factors Affecting the Change | Amounts are not provided. Variable resistors: customer inventory adjustments and production delays following the transfer. Automotive electrical components: solid heater demand and lower domestic and China-bound demand for contact-type sensors. |
| Capital expenditures | 0.4 Hundreds of millions of yen |
| New initiatives | The company is proceeding with price revisions. For variable resistors, it will review its organizational structure and seek to recover production delays. |
Items this document does not state (19)
Gross Profit MarginSelling, general and administrative expensesResults for the three months of the current quarterFull-year earnings forecastSelf-assessment against the planKey KPIsUnit price and quantity metricsNumber of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk 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.Shipments declined because of shipment restrictions related to the situation in the Middle East, customer inventory adjustments, and temporary supply constraints associated with the transfer of production for certain products. Factors cited include customer inventory adjustments and delays in production following the transfer for variable resistors, and lower domestic and China-bound demand for contact-type sensors in automotive electrical components.
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.