Worth reading
66In focus
Scored from 5 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
-32
¥ billion (year-on-year change in operating profit)Wording
Avoiding a definitive answer
How definitive the wording is.Contents of this document
Earnings presentationSecond quarter of the fiscal year ending March 20279 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥2,982 100 million+5.8%
Operating profit¥357 100 million-8.4%
Ordinary income¥363 100 million-8.6%
Net income¥231 100 million-21.5%
Operating profit margin12 %
Results for the three months of the current quarter
Orders received
¥1,822 100 million
Net Sales
¥1,569 100 million
Operating profit
¥192 100 million
Full-year earnings forecast
Orders received
¥6,650 100 million
Net Sales
¥6,290 100 million
Operating profit
¥880 100 million
Ordinary income
¥880 100 million
Pretax profit
¥880 100 million
Income Taxes
¥275 100 million
Profit attributable to owners of the parent
¥605 100 million
EPS
241.8 yen
ROS
14 %
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Gross profit decline due to lower revenue (excluding foreign exchange effects)¥-22 100 million
- Gross margin deterioration¥-21 100 million
- Increase in SG&A expenses (including higher personnel expenses)¥-42 100 million
- Foreign exchange impact¥52 100 million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
- Exchange rate (US dollar)150 yen
- Exchange rate (euro)170 yen
New initiatives
- Memorandum of understanding with ELES and Plinovodi for the development of a hydrogen ecosystem
- Orders received for control systems for liquefied hydrogen carriers and hydrogen-fueled vessels
- Selection as the Main Automation Contractor for LNG Canada Phase 2
- Order received for a large-scale thermal power generation project for an Indian state-owned power utility
- Distribution agreement with BuyCo
- Development and launch of new products and solutions
Key KPIsA metric the company considers important as a management benchmark.
- Orders received¥3,656 100 millionYear on year against the same period last year+21.7%
- Order backlog¥5,272 100 millionYear on year against the same period last year+¥61 billion
- Overseas revenue ratio76.3 %Year on year against the same period last year73.7% in the prior-year period
- ROS12 %Year on year against the same period last yearDown 1.8 percentage points
Segment results
Control system
Orders received
¥3,173 100 million+12.6%
Net Sales
¥2,759 100 million+4.3%
Operating profit
¥298 100 million-17.2%
Measuring Instruments
Orders received
¥473 100 million+190.2%
Net Sales
¥213 100 million+40.1%
Operating profit
¥62 100 million+113.8%
New businesses and other
Orders received
¥10 100 million
Net Sales
¥10 100 million
Operating profit
¥-3 100 million
Orders received and order backlog
Orders received
¥3,656 100 million
Order backlog
¥5,272 100 million
Capital expenditures
¥182 100 million
Annual Dividend
¥92 per share
Interim¥46
End of period¥46
Acquisition of treasury shares
Up to ¥30 billion
Period8 May 2026 to the end of September 2026
| Item | Details |
|---|---|
| Document type | Earnings presentation |
| Fiscal Period Covered | Second quarter of the fiscal year ending March 2027 |
| Net Sales | ¥2,982 100 million (YoY +5.8%) |
| Operating profit | ¥357 100 million (YoY -8.4%) |
| Ordinary income | ¥363 100 million (YoY -8.6%) |
| Net income | ¥231 100 million (YoY -21.5%) |
| Operating profit margin | 12 % |
| Results for the three months of the current quarter | Orders received ¥1,822 100 million / Net Sales ¥1,569 100 million / Operating profit ¥192 100 million |
| Full-year earnings forecast | Orders received ¥6,650 100 million / Net Sales ¥6,290 100 million / Operating profit ¥880 100 million / Ordinary income ¥880 100 million / Pretax profit ¥880 100 million / Income Taxes ¥275 100 million / Profit attributable to owners of the parent ¥605 100 million / EPS 241.8 yen / ROS 14 % |
| Segment results | Control system Orders received ¥3,173 100 million (YoY +12.6%) / Net Sales ¥2,759 100 million (YoY +4.3%) / Operating profit ¥298 100 million (YoY -17.2%) / Measuring Instruments Orders received ¥473 100 million (YoY +190.2%) / Net Sales ¥213 100 million (YoY +40.1%) / Operating profit ¥62 100 million (YoY +113.8%) / New businesses and other Orders received ¥10 100 million / Net Sales ¥10 100 million / Operating profit ¥-3 100 million |
| Breakdown of Factors Affecting the Change | Factors Gross profit decline due to lower revenue (excluding foreign exchange effects) / Amount ¥-22 100 million, Factors Gross margin deterioration / Amount ¥-21 100 million, Factors Increase in SG&A expenses (including higher personnel expenses) / Amount ¥-42 100 million, Factors Foreign exchange impact / Amount ¥52 100 million |
| Key KPIs | Indicator name Orders received / Value ¥3,656 100 million / Year on year against the same period last year +21.7%, Indicator name Order backlog / Value ¥5,272 100 million / Year on year against the same period last year +¥61 billion, Indicator name Overseas revenue ratio / Value 76.3 % / Year on year against the same period last year 73.7% in the prior-year period, Indicator name ROS / Value 12 % / Year on year against the same period last year Down 1.8 percentage points |
| Assumptions Underlying the Business Outlook | Item Exchange rate (US dollar) / Value 150 yen, Item Exchange rate (euro) / Value 170 yen |
| Annual Dividend | ¥92 per share |
| Acquisition of treasury shares | Amount Up to ¥30 billion / Number of Shares Not disclosed / Period 8 May 2026 to the end of September 2026 |
| Capital expenditures | ¥182 100 million |
| Orders received and order backlog | Orders received ¥3,656 100 million / Order backlog ¥5,272 100 million |
| New initiatives | Memorandum of understanding with ELES and Plinovodi for the development of a hydrogen ecosystem, Orders received for control systems for liquefied hydrogen carriers and hydrogen-fueled vessels, Selection as the Main Automation Contractor for LNG Canada Phase 2, Order received for a large-scale thermal power generation project for an Indian state-owned power utility, Distribution agreement with BuyCo, Development and launch of new products and solutions |
Items this document does not state (13)
Gross Profit MarginSelling, general and administrative expensesProgress 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 targetsPayout ratioMarket 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.Revenue increased due to growth in the measuring instruments business and the impact of foreign exchange movements. Operating profit declined due to a deterioration in the gross profit margin in the control business, higher SG&A expenses, increased personnel expenses and other factors. The full-year forecast was revised based on first-half results and the outlook for the remainder of the year.
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.