Worth reading
39Recurring
Scored from 5 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
-46.3
% (year-on-year change in operating profit)Wording
Definitive
How definitive the wording is.Contents of this document
Supplementary Materials to the Earnings ReportSecond 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¥60,613 million+11.7%
Operating profit¥1,243 million-46.3%
Ordinary income¥665 million-73.0%
Net income¥640 million-73.6%
Operating profit margin2.1 %
What the company explained in this material
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Non-Consolidated Transaction Value Rate
Fiscal year ending March 2026146.17 JPY/USD
Fiscal year ending March 2027160.5 JPY/USD
New initiatives
- End sales of EV chargers at the end of March 2027
- Allocate resources to growing businesses
- Continue EV charger maintenance through the end of March 2035
Key KPIsA metric the company considers important as a management benchmark.
- Sales to automotive applications (power devices)10.4 % year on year
- Sales to consumer electronics applications (power devices)-3.4 % year on year
- Sales to industrial equipment applications (power devices)143.2 % year on year
- Sales to motorcycle applications by the Indonesian local group company6.2 % year on year
- Sales to motorcycle applications by the Vietnamese local group company13.9 % year on year
- Sales to motorcycle applications by the Thai local group company16.3 % year on year
- Sales to motorcycle applications by the Indian local group company13.3 % year on year
Segment results
Power Devices
Net Sales
¥20,637 million+25.6%
Operating profit
¥1,340 million-14.7%
Power Units
Net Sales
¥37,094 million+7.1%
Operating profit
¥1,675 million-14.7%
Power Systems
Net Sales
¥2,807 million-9.2%
Operating profit
¥169 million-71.2%
| Item | Details |
|---|---|
| Document type | Supplementary Materials to the Earnings Report |
| Fiscal Period Covered | Second quarter of the fiscal year ending March 2027 |
| Net Sales | ¥60,613 million (YoY +11.7%) |
| Operating profit | ¥1,243 million (YoY -46.3%) |
| Ordinary income | ¥665 million (YoY -73.0%) |
| Net income | ¥640 million (YoY -73.6%) |
| Operating profit margin | 2.1 % |
| Segment results | Power Devices Net Sales ¥20,637 million (YoY +25.6%) / Operating profit ¥1,340 million (YoY -14.7%) / Power Units Net Sales ¥37,094 million (YoY +7.1%) / Operating profit ¥1,675 million (YoY -14.7%) / Power Systems Net Sales ¥2,807 million (YoY -9.2%) / Operating profit ¥169 million (YoY -71.2%) |
| Key KPIs | Indicator name Sales to automotive applications (power devices) / Value 10.4 % year on year, Indicator name Sales to consumer electronics applications (power devices) / Value -3.4 % year on year, Indicator name Sales to industrial equipment applications (power devices) / Value 143.2 % year on year, Indicator name Sales to motorcycle applications by the Indonesian local group company / Value 6.2 % year on year, Indicator name Sales to motorcycle applications by the Vietnamese local group company / Value 13.9 % year on year, Indicator name Sales to motorcycle applications by the Thai local group company / Value 16.3 % year on year, Indicator name Sales to motorcycle applications by the Indian local group company / Value 13.3 % year on year |
| Assumptions Underlying the Business Outlook | Non-Consolidated Transaction Value Rate Fiscal year ending March 2026 146.17 JPY/USD / Fiscal year ending March 2027 160.5 JPY/USD |
| New initiatives | End sales of EV chargers at the end of March 2027, Allocate resources to growing businesses, Continue EV charger maintenance through the end of March 2035 |
Items this document does not state (20)
Gross Profit MarginSelling, general and administrative expensesResults for the three months of the current quarterFull-year earnings forecastProgress against full-year forecastSelf-assessment against the planBreakdown of Factors Affecting the ChangeUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsAnnual DividendPayout ratioAcquisition of treasury sharesCapital expendituresOrders 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.Revenue increased due to the contribution from the business acquired through M&A in the power devices business and higher sales of products for motorcycles in the power units business. Operating profit declined due to higher material costs, increased labor expenses and higher labor expenses associated with M&A. Ordinary profit included foreign exchange losses and other items resulting from the revaluation of foreign-currency-denominated receivables and payables at the period-end exchange rate. Net profit declined because expenses associated with ending sales of EV chargers were recorded as an extraordinary loss.
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.