Worth reading
51Recurring
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
36.3
% (year-on-year change in operating income)Wording
Conditional
How definitive the wording is.Results for this period
Full year1 October 2025 to 30 September 2026ConsolidatedJapanese GAAPNet Sales75,028¥ millionYear on year +21.6%Progress 96.4%
Operating profit13,219¥ millionYear on year +36.3%Progress 93.1%
Ordinary income13,358¥ millionYear on year +31.3%Progress 94.7%
Net income attributable to owners of the parent8,806¥ millionYear on year +30.2%
The width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.
Net income per share¥596.07
Operating MarginCurrent fiscal year 17.6 / Previous period 15.7
Financial position at period-end
Total assets111,819¥ million
of which net assets 79,585 ¥ millionEquity ratio 71.0%vs. prior year-end -0.8pt
塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.
Cash inflows and outflows
Operating+11,236
Investment-3,176
Financials-7,630
Net change+430
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Cash and cash equivalents at end of period¥19,116 million
Segment revenueWelding equipment-related business ¥42,189 million (YoY +24.0%), Planar polishing equipment-related business ¥25,941 million (YoY +13.2%), Electrical equipment-related business ¥6,897 million (YoY +45.4%)
Segment profitWelding equipment-related business ¥7,061 million (YoY +29.8%), Planar polishing equipment-related business ¥5,650 million (YoY +34.2%), Electrical equipment-related business ¥546 million (YoY +52.3%)
Regional salesBy customer location ¥23,680 million, ¥20,554 million, ¥6,784 million, ¥14,087 million, ¥7,145 million, ¥2,776 million / Sales by Region Japan ¥30,725 million / Asia Pacific ¥35,481 million / Americas ¥6,616 million / Other ¥2,205 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥77,800 million (YoY +3.7%)
Operating profit¥14,200 million (YoY +7.4%)
Ordinary income¥14,100 million (YoY +5.6%)
Profit attributable to owners of the parent¥9,450 million (YoY +7.3%)
Annual Dividend Forecast¥150 → ¥170
Payout ratio25.2
Factors Behind Changes in Business Performance
Production activity and capital investment in vehicle assembly remained firm worldwide in the automotive industry, market conditions for advanced semiconductor devices recovered in the electronics industry, and power distribution equipment was expanded and renewed in the power industry. Against this backdrop, the company focused on expanding sales of equipment and consumables, promoting sales of products suited to customer requirements, launching products addressing local needs and developing high-value-added products.
Disclosure regarding the going concern assumption
No applicable matters
Change in accounting policy
基準改正に伴う変更 Noneそれ以外の変更 None見積りの変更 None修正再表示 None
Changes in the scope of consolidationNew 0 companies / Excluded 0 companies / Company name Not applicable
Material subsequent eventsAt a Board of Directors meeting held on 1 October 2026, a resolution was passed to acquire and cancel on 9 December 2026 all remaining ¥7.5 billion face value of the 2028 Euroyen-denominated convertible bonds with stock acquisition rights subject to an acquisition clause.
Impairment lossThere were no applicable items for the consolidated fiscal year.
Breakdown of extraordinary income (loss)No extraordinary income was reported for the fiscal year, and total extraordinary losses were -
Depreciation and amortization¥2,024 million
Orders received and order backlogOrders received ¥80,854 million / Order backlog ¥44,786 million
Availability of Supplementary Financial Results MaterialsAvailable
Availability of Financial Results BriefingWhether applicable Available / Subject person Institutional investors and analysts
Issued Shares at Period-End20,869,380
Treasury Shares at Period-End6,455,393
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 October 2025 to 30 September 2026 |
| Net Sales | ¥75,028 million (YoY +21.6%) |
| Operating profit | ¥13,219 million (YoY +36.3%) |
| Ordinary income | ¥13,358 million (YoY +31.3%) |
| Profit attributable to owners of the parent | ¥8,806 million (YoY +30.2%) |
| Net income per share | ¥596.07 |
| Operating Margin | Current fiscal year 17.6 / Previous period 15.7 |
| Equity ratio | End of the current fiscal period 71 / End of previous period 71.8 |
| Total assets | ¥111,819 million |
| Net assets | ¥79,585 million |
| Cash flows from operating activities | ¥11,236 million |
| Cash flows from investing activities | ¥-3,176 million |
| Cash flows from financing activities | ¥-7,630 million |
| Cash and cash equivalents at end of period | ¥19,116 million |
| Full-year earnings forecast | Net Sales ¥77,800 million (YoY +3.7%) / Operating profit ¥14,200 million (YoY +7.4%) / Ordinary income ¥14,100 million (YoY +5.6%) / Profit attributable to owners of the parent ¥9,450 million (YoY +7.3%) |
| Annual Dividend Forecast | ¥150 → ¥170 |
| Payout ratio | 25.2 |
| Segment revenue | Welding equipment-related business ¥42,189 million (YoY +24.0%), Planar polishing equipment-related business ¥25,941 million (YoY +13.2%), Electrical equipment-related business ¥6,897 million (YoY +45.4%) |
| Segment profit | Welding equipment-related business ¥7,061 million (YoY +29.8%), Planar polishing equipment-related business ¥5,650 million (YoY +34.2%), Electrical equipment-related business ¥546 million (YoY +52.3%) |
| Regional sales | By customer location ¥23,680 million, ¥20,554 million, ¥6,784 million, ¥14,087 million, ¥7,145 million, ¥2,776 million / Sales by Region Japan ¥30,725 million / Asia Pacific ¥35,481 million / Americas ¥6,616 million / Other ¥2,205 million |
| Orders received and order backlog | Orders received ¥80,854 million / Order backlog ¥44,786 million |
| Depreciation and amortization | ¥2,024 million |
| Impairment loss | There were no applicable items for the consolidated fiscal year. |
| Breakdown of extraordinary income (loss) | No extraordinary income was reported for the fiscal year, and total extraordinary losses were - |
| Disclosure regarding the going concern assumption | No applicable matters |
| Change in accounting policy | Changes due to revisions to standards None / Other changes None / Change in accounting estimate None / Restatement None |
| Changes in the scope of consolidation | New 0 companies / Excluded 0 companies / Company name Not applicable |
| Material subsequent events | At a Board of Directors meeting held on 1 October 2026, a resolution was passed to acquire and cancel on 9 December 2026 all remaining ¥7.5 billion face value of the 2028 Euroyen-denominated convertible bonds with stock acquisition rights subject to an acquisition clause. |
| Availability of Supplementary Financial Results Materials | Available |
| Availability of Financial Results Briefing | Whether applicable Available / Subject person Institutional investors and analysts |
| Issued Shares at Period-End | 20,869,380 |
| Treasury Shares at Period-End | 6,455,393 |
| Factors Behind Changes in Business Performance | Production activity and capital investment in vehicle assembly remained firm worldwide in the automotive industry, market conditions for advanced semiconductor devices recovered in the electronics industry, and power distribution equipment was expanded and renewed in the power industry. Against this backdrop, the company focused on expanding sales of equipment and consumables, promoting sales of products suited to customer requirements, launching products addressing local needs and developing high-value-added products. |
Items this document does not state (2)
Revision to Earnings ForecastShareholder Return Policy
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.This was due to capital investment in the automotive industry, a recovery in market conditions for advanced semiconductor devices and progress in investment in power distribution equipment, together with efforts to expand sales of equipment and consumables, launch products addressing customer needs and develop high-value-added products.
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.