Worth reading
91Important
Scored from 2 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
1211
¥ million (year-on-year increase in net sales)Wording
Conditional
How definitive the wording is.Contents of this document
Presentation materials for financial resultsFiscal year ending March 2026 (1 April 2025 to 31 March 2026)6 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥26,651 million+4.8%
Operating profit¥1,386 million+29.1%
Ordinary income¥1,137 million-3.7%
Net income¥381 million -24.2%net income attributable to owners of the parent
Operating profit margin5.2%, up 1.0 percentage point year on year
Full-year earnings forecast
Net Sales
¥28,000 million
Operating profit
¥1,300 million
Ordinary income
¥1,300 million
Profit attributable to owners of the parent
¥910 million
Earnings per share
¥68.39
Annual Dividend
¥40
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Revenue Growth656
Deterioration in contribution margin-172
Increase in fixed costs20
Impact of changes in inventories-252
Foreign Exchange Effects60
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
U.S. dollar exchange rateNot disclosed (actual rates: ¥152.58 for the fiscal year ended March 2025 and ¥150.77 for the fiscal year ended March 2026)
Chinese yuan exchange rateNot disclosed (actual rates: ¥21.10 for the fiscal year ended March 2025 and ¥21.25 for the fiscal year ended March 2026)
Segment results
Semiconductor business
Net Sales
¥6,368 million+8.6%
Operating profit
¥-639 million
Power equipment business
Net Sales
¥20,283 million+3.6%
Operating profit
¥2,026 million+12.2%
Financial targets
Actual equity ratio: 76.2% (up 3.7 percentage points from the end of the previous fiscal year). Target: not disclosedAnnual Dividend
Annual¥40
Payout ratio
58.5 %
| Item | Details |
|---|---|
| Document type | Presentation materials for financial results |
| Fiscal Period Covered | Fiscal year ending March 2026 (1 April 2025 to 31 March 2026) |
| Net Sales | ¥26,651 million (YoY +4.8%) |
| Operating profit | ¥1,386 million (YoY +29.1%) |
| Ordinary income | ¥1,137 million (YoY -3.7%) |
| Net income | ¥381 million (net income attributable to owners of the parent) (YoY -24.2%) |
| Operating profit margin | 5.2%, up 1.0 percentage point year on year |
| Full-year earnings forecast | Net Sales ¥28,000 million / Operating profit ¥1,300 million / Ordinary income ¥1,300 million / Profit attributable to owners of the parent ¥910 million / Earnings per share ¥68.39 / Annual Dividend ¥40 |
| Segment results | Semiconductor business Net Sales ¥6,368 million (YoY +8.6%) / Operating profit ¥-639 million / Power equipment business Net Sales ¥20,283 million (YoY +3.6%) / Operating profit ¥2,026 million (YoY +12.2%) |
| Breakdown of Factors Affecting the Change | Revenue Growth 656 / Deterioration in contribution margin -172 / Increase in fixed costs 20 / Impact of changes in inventories -252 / Foreign Exchange Effects 60 |
| Assumptions Underlying the Business Outlook | U.S. dollar exchange rate Not disclosed (actual rates: ¥152.58 for the fiscal year ended March 2025 and ¥150.77 for the fiscal year ended March 2026) / Chinese yuan exchange rate Not disclosed (actual rates: ¥21.10 for the fiscal year ended March 2025 and ¥21.25 for the fiscal year ended March 2026) |
| Financial targets | Actual equity ratio: 76.2% (up 3.7 percentage points from the end of the previous fiscal year). Target: not disclosed |
| Annual Dividend | Annual ¥40 |
| Payout ratio | 58.5 % |
Items this document does not state (17)
Gross Profit MarginSelling, general and administrative expensesResults for the three months of the current quarterProgress against full-year forecastSelf-assessment against the planKey KPIsUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookMedium-term management plan targetsAcquisition of treasury sharesCapital expendituresOrders received and order backlogMarket Size / ShareKey points of the Q&ANew initiatives
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 semiconductor business, sales of discrete chips increased, but losses continued due to prolonged inventory adjustments for power modules, stagnation in the Chinese market, and higher fixed costs, including personnel expenses and depreciation. In the power equipment business, growth in general industrial power supplies, inverters and maintenance services, together with higher value added in large-scale projects, contributed to higher revenue and profit, while sales of small embedded power supplies for medical equipment declined. The factors behind the change in operating profit were presented as higher revenue, a deterioration in the contribution margin, higher fixed costs, changes in inventories and foreign exchange effects.
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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.