Worth reading
76Important
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
8100
¥ millions (increase from the previous full-year revenue forecast)Wording
Conditional
How definitive the wording is.Contents of this document
Results presentationSecond quarter of FY2027/313 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥47,834 million+282.8%
Operating profit¥9,232 million+1,218.9%
Ordinary income¥8,922 million+1,340.9%
Net income¥6,093 million +1,378.9%interim net income attributable to owners of the parent
Operating profit margin19.3% (year-on-year change in percentage points: Not disclosed)
Selling, general and administrative expensesIncrease of ¥299 million (increase in SG&A expenses); SG&A ratio: Not disclosed
Results for the three months of the current quarterSecond quarter of the fiscal year ending March 2027, three-month period: revenue of ¥24,807 million, operating income of ¥4,461 million, operating margin of 18%
Full-year earnings forecast
Net Sales
¥89,100 million
Operating profit
¥13,000 million
Ordinary income
¥12,090 million
Profit attributable to owners of the parent
¥7,800 million
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。
Net Sales53.7%
Operating profit71.0%
Ordinary income73.8%
Interim net income attributable to owners of the parent78.1%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Revenue and profit are progressing steadily. First-half results exceeded expectations.Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Year-on-year change in consolidated operating profit
Revenue growth effect5,702
Profitability Improvement2,950
Higher SG&A Expenses-299
M&A effect177
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
The company carefully assessed the effects of market conditions and procurement costs and calculated its forecasts within the range that could reasonably be projected at this point. Specific figures for foreign exchange rates, raw material prices and volumes are Not disclosed.New initiatives
- Change to 5 segments from the fiscal year ending March 2027
- Business expansion through M&A and consolidation involving 富士電工, ブレイン, インテグ and ピーディック, among others
- Interim dividend of ¥24 as a 70th anniversary commemorative dividend
- Continuing share repurchases
- Strengthening engagement with institutional investors following selection for inclusion in the TOPIX Next-tier index
Key KPIsA metric the company considers important as a management benchmark.
- Equity ratio30.3 %Year on year against the same period last yearUp from 25.2% at the end of the previous fiscal year
- General-purpose memory DDR5 price indexApproximately 1,227 in October 2026January–March 2025 average = 100Year on year against the same period last yearIncreased
- Percentage of respondents at the IR fair who expressed interest in the company's shares82.7 %Year on year against the same period last yearUp from 54.6% in the previous year
- Number of meetings with institutional investors and analysts23 DealsYear on year against the same period last yearComparison with 70 meetings in the previous full fiscal year is provided
- Market capitalization274 yenYear on year against the same period last yearApproximately 4.0 times over approximately one year
Unit price and quantity metricsThese figures show sales broken down by price and volume.
The write volume for the ROM writing service was slightly below the year-earlier period. The company mentioned higher selling prices for memory products.Segment results
Digital Devices
Net Sales
¥31,005 million
Operating profit
¥8,693 million
Year on year against the same period last yearBoth revenue and operating profit increased
Digital Engineering
Net Sales
¥2,070 million
Operating profit
¥213 million
Year on year against the same period last yearRevenue up, operating income down
ICT Products
Net Sales
¥7,451 million
Operating profit
¥653 million
Year on year against the same period last yearBoth revenue and operating profit increased
Electrical Materials
Net Sales
¥6,605 million
Operating profit
¥102 million
Year on year against the same period last yearNewly established segment. Year-earlier period: Not disclosed
Digital Marketing
Net Sales
¥1,589 million
Operating profit
¥15 million
Year on year against the same period last yearBoth revenue and operating profit increased
Medium-term management plan targets
Net Sales
480 yen
Target fiscal yearfiscal year ending March 2027
Operating profit
25 yen
Target fiscal yearfiscal year ending March 2027
ROE
15 % or higher
Equity ratio
30 % or higher
Comparison with actual resultsThe full-year forecast is expected to significantly exceed the target, with revenue of ¥89.1 billion and operating income of ¥13.0 billion.
Financial targets
ROE15% or higher
Equity ratioAt least 30% (actual: 30.3%)
Orders received and order backlog
The company mentioned orders for conversion adapters in the device programmer business. Order value and order backlog are Not disclosed.Number of employees
600 approximately people
Annual Dividend
42 yen per share forecast
BreakdownInterim dividend of ¥24 (commemorative dividend); year-end dividend of ¥18
Acquisition of treasury shares
Total number of shares acquiredUp to 100 thousand shares
Total acquisition price350 Up to ¥ million
PeriodUnderway since May 2026
Repurchased82,100 shares and ¥169 million as of the end of October 2026
| Item | Details |
|---|---|
| Document type | Results presentation |
| Fiscal Period Covered | Second quarter of FY2027/3 |
| Net Sales | ¥47,834 million (YoY +282.8%) |
| Operating profit | ¥9,232 million (YoY +1,218.9%) |
| Ordinary income | ¥8,922 million (YoY +1,340.9%) |
| Net income | ¥6,093 million (interim net income attributable to owners of the parent) (YoY +1,378.9%) |
| Operating profit margin | 19.3% (year-on-year change in percentage points: Not disclosed) |
| Selling, general and administrative expenses | Increase of ¥299 million (increase in SG&A expenses); SG&A ratio: Not disclosed |
| Results for the three months of the current quarter | Second quarter of the fiscal year ending March 2027, three-month period: revenue of ¥24,807 million, operating income of ¥4,461 million, operating margin of 18% |
| Full-year earnings forecast | Net Sales ¥89,100 million / Operating profit ¥13,000 million / Ordinary income ¥12,090 million / Profit attributable to owners of the parent ¥7,800 million |
| Progress against full-year forecast | Net Sales 53.7% / Operating profit 71.0% / Ordinary income 73.8% / Interim net income attributable to owners of the parent 78.1% |
| Self-assessment against the plan | Revenue and profit are progressing steadily. First-half results exceeded expectations. |
| Segment results | Digital Devices Net Sales ¥31,005 million / Operating profit ¥8,693 million / Year on year against the same period last year Both revenue and operating profit increased / Digital Engineering Net Sales ¥2,070 million / Operating profit ¥213 million / Year on year against the same period last year Revenue up, operating income down / ICT Products Net Sales ¥7,451 million / Operating profit ¥653 million / Year on year against the same period last year Both revenue and operating profit increased / Electrical Materials Net Sales ¥6,605 million / Operating profit ¥102 million / Year on year against the same period last year Newly established segment. Year-earlier period: Not disclosed / Digital Marketing Net Sales ¥1,589 million / Operating profit ¥15 million / Year on year against the same period last year Both revenue and operating profit increased |
| Breakdown of Factors Affecting the Change | Year-on-year change in consolidated operating profit Revenue growth effect 5,702 / Profitability Improvement 2,950 / Higher SG&A Expenses -299 / M&A effect 177 |
| Key KPIs | Indicator name Equity ratio / Value 30.3 % / Year on year against the same period last year Up from 25.2% at the end of the previous fiscal year, Indicator name General-purpose memory DDR5 price index / Value Approximately 1,227 in October 2026 / Year on year against the same period last year Increased, Indicator name Percentage of respondents at the IR fair who expressed interest in the company's shares / Value 82.7 % / Year on year against the same period last year Up from 54.6% in the previous year, Indicator name Number of meetings with institutional investors and analysts / Value 23 Deals / Year on year against the same period last year Comparison with 70 meetings in the previous full fiscal year is provided, Indicator name Market capitalization / Value 274 yen / Year on year against the same period last year Approximately 4.0 times over approximately one year |
| Unit price and quantity metrics | The write volume for the ROM writing service was slightly below the year-earlier period. The company mentioned higher selling prices for memory products. |
| Number of employees | 600 approximately (people) |
| Assumptions Underlying the Business Outlook | The company carefully assessed the effects of market conditions and procurement costs and calculated its forecasts within the range that could reasonably be projected at this point. Specific figures for foreign exchange rates, raw material prices and volumes are Not disclosed. |
| Medium-term management plan targets | Net Sales 480 yen / Operating profit 25 yen / ROE 15 % or higher / Equity ratio 30 % or higher / Comparison with actual results The full-year forecast is expected to significantly exceed the target, with revenue of ¥89.1 billion and operating income of ¥13.0 billion. |
| Financial targets | ROE 15% or higher / Equity ratio At least 30% (actual: 30.3%) |
| Annual Dividend | 42 yen per share (forecast) |
| Acquisition of treasury shares | Total number of shares acquired Up to 100 thousand shares / Total acquisition price 350 Up to ¥ million / Period Underway since May 2026 / Repurchased 82,100 shares and ¥169 million as of the end of October 2026 |
| Orders received and order backlog | The company mentioned orders for conversion adapters in the device programmer business. Order value and order backlog are Not disclosed. |
| New initiatives | Change to 5 segments from the fiscal year ending March 2027, Business expansion through M&A and consolidation involving 富士電工, ブレイン, インテグ and ピーディック, among others, Interim dividend of ¥24 as a 70th anniversary commemorative dividend, Continuing share repurchases, Strengthening engagement with institutional investors following selection for inclusion in the TOPIX Next-tier index |
Items this document does not state (7)
Gross Profit MarginNumber of stores and locationsRisk amount incorporated into the outlookPayout ratioCapital expendituresMarket 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.First-half results exceeded expectations due to expanded sales and improved profitability of memory products and other products. For the second half, the company stated that it had carefully assessed the effects of market conditions and procurement costs and calculated its forecast within the range that could reasonably be projected.
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.