Worth reading
37Immaterial
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
31.1
% (year-on-year change in revenue)Wording
Conditional
How definitive the wording is.Contents of this document
Presentation materials for financial resultsFiscal year ending March 2026, full year8 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥31,507 million+31.1%
Operating profit¥10,325 million+39.0%
Ordinary income¥10,958 million+38.9%
Net income¥7,667 million+51.3%
Gross Profit Margin57.7 %
Operating profit margin32.8 %
Full-year earnings forecast
Net Sales
¥37,000 million
Operating profit
¥12,000 million
Ordinary income
¥12,100 million
Net income for the current fiscal year
¥8,800 million
Annual dividend
¥230
What the company explained in this material
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Foreign exchange
Actual results for the fiscal year ending March 2026150.77 JPY/USD
Forecast for the fiscal year ending March 2027152 JPY/USD
Demand for optical componentsFirm, driven by generative AI and data center-related investment
Demand for optical measuring instrumentsCommunications demand is firm, while medical demand is stable
New initiatives
- Expansion of production capacity at the Vietnam plant for small transceivers
- Development of new products for datacom applications and silicon photonics-related devices
- Mass production of the spatial light modulator (SLM) series
- Expansion of production capacity for optical fiber cable inspection equipment
- Development and market launch of the new ARGONAUT product
- Expansion of the new Santec Canada plant, scheduled to begin operations in July 2026
- Strengthening of the medical research and development structure at Santec Vienna
Key KPIsA metric the company considers important as a management benchmark.
- EPS¥652
- ROE31.1 %
- Gross profit per employee¥45 million
- Operating income per employee¥25 million
- Net income per employee¥19 million
- Payout ratio32.2 %
Segment results
Optical Components-related Business
Net Sales
¥6,356 million+41.2%
Operating profit
¥1,754 million+76.4%
Optical Measurement Equipment-related Business
Net Sales
¥22,368 million+24.6%
Operating profit
¥8,254 million+31.4%
Number of employees
Number of Employees427 people
Capital expenditures
¥1,208 million
Annual Dividend
Fiscal year ending March 2026¥210 per share
Forecast for the fiscal year ending March 2027¥230 per share
Breakdown
Fiscal year ending March 2026Interim ¥75; year-end ¥135
Fiscal year ending March 2027Interim ¥115; year-end ¥115
Payout ratio
32.2 %
| Item | Details |
|---|---|
| Document type | Presentation materials for financial results |
| Fiscal Period Covered | Fiscal year ending March 2026, full year |
| Net Sales | ¥31,507 million (YoY +31.1%) |
| Operating profit | ¥10,325 million (YoY +39.0%) |
| Ordinary income | ¥10,958 million (YoY +38.9%) |
| Net income | ¥7,667 million (YoY +51.3%) |
| Gross Profit Margin | 57.7 % |
| Operating profit margin | 32.8 % |
| Full-year earnings forecast | Net Sales ¥37,000 million / Operating profit ¥12,000 million / Ordinary income ¥12,100 million / Net income for the current fiscal year ¥8,800 million / Annual dividend ¥230 |
| Segment results | Optical Components-related Business Net Sales ¥6,356 million (YoY +41.2%) / Operating profit ¥1,754 million (YoY +76.4%) / Optical Measurement Equipment-related Business Net Sales ¥22,368 million (YoY +24.6%) / Operating profit ¥8,254 million (YoY +31.4%) |
| Key KPIs | Indicator name EPS / Value ¥652 / Year on year against the same period last year Not disclosed, Indicator name ROE / Value 31.1 % / Year on year against the same period last year Not disclosed, Indicator name Gross profit per employee / Value ¥45 million / Year on year against the same period last year Not disclosed, Indicator name Operating income per employee / Value ¥25 million / Year on year against the same period last year Not disclosed, Indicator name Net income per employee / Value ¥19 million / Year on year against the same period last year Not disclosed, Indicator name Payout ratio / Value 32.2 % / Year on year against the same period last year Not disclosed |
| Number of employees | Number of Employees 427 people / Change during the period Not disclosed / Hiring plan Not disclosed |
| Assumptions Underlying the Business Outlook | Foreign exchange Actual results for the fiscal year ending March 2026 150.77 JPY/USD / Forecast for the fiscal year ending March 2027 152 JPY/USD / Demand for optical components Firm, driven by generative AI and data center-related investment / Demand for optical measuring instruments Communications demand is firm, while medical demand is stable |
| Annual Dividend | Fiscal year ending March 2026 ¥210 per share / Forecast for the fiscal year ending March 2027 ¥230 per share / Breakdown Fiscal year ending March 2026 Interim ¥75; year-end ¥135 / Fiscal year ending March 2027 Interim ¥115; year-end ¥115 |
| Payout ratio | 32.2 % |
| Capital expenditures | ¥1,208 million |
| New initiatives | Expansion of production capacity at the Vietnam plant for small transceivers, Development of new products for datacom applications and silicon photonics-related devices, Mass production of the spatial light modulator (SLM) series, Expansion of production capacity for optical fiber cable inspection equipment, Development and market launch of the new ARGONAUT product, Expansion of the new Santec Canada plant, scheduled to begin operations in July 2026, Strengthening of the medical research and development structure at Santec Vienna |
Items this document does not state (14)
Selling, general and administrative expensesResults for the three months of the current quarterProgress against full-year forecastSelf-assessment against the planBreakdown of Factors Affecting the ChangeUnit price and quantity metricsNumber of stores and locationsRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsAcquisition 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.In the optical components business, sales of optical monitors for optical transceivers remained strong in North America. In the optical measuring instruments business, sales of optical fiber cable inspection equipment and optical measuring instruments for optical communications remained strong in North America. The outlook assumes sustained demand driven by generative AI and data center-related investment, as well as demand in the communications and medical fields.
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.