Worth reading
45Recurring
Scored from 5 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
-1391
Millions of yenWording
Conditional
How definitive the wording is.Contents of this document
Financial Results PresentationSecond 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 Sales29,322 Millions of yen-4.5%
Operating profit62 Millions of yen-89.3%
Ordinary income-166 Millions of yen
Net income450 Millions of yen+2.4%
Full-year earnings forecast
Net Sales
60,000 Millions of yen
Operating profit
500 Millions of yen
Ordinary income
500 Millions of yen
Profit attributable to owners of the parent
700 Millions of yen
Earnings per share
223.96 Yen
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Consolidated Revenue by Segment
Consumer and industrial equipment-2,368
Automotive Electrical Components1,731
Wire harnesses-636
Other and adjustments-118
Consolidated Operating Income by Segment
Consumer and industrial equipment-559
Automotive Electrical Components-34
Wire harnesses144
Other and adjustments-74
Consolidated Revenue by Country
Japan-1,913
China-1,819
India1,955
Vietnam / Other386
Consolidated Operating Income by Country
Japan-292
China-304
India134
Vietnam / Other-61
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Orders are expected to increase toward the second half. No foreign exchange gains or losses are assumed. Numerical assumptions: Not disclosedNew initiatives
- Capital investment to expand the Hariana plant
- Capital investment in Gujarat facilities
- Termination of unprofitable businesses in China
- Closure and sale of the China Zhejiang plant
Capital expenditures
1,741 Millions of yen
| Item | Details |
|---|---|
| Document type | Financial Results Presentation |
| Fiscal Period Covered | Second quarter of the fiscal year ending March 2027 |
| Net Sales | 29,322 Millions of yen (YoY -4.5%) |
| Operating profit | 62 Millions of yen (YoY -89.3%) |
| Ordinary income | -166 Millions of yen |
| Net income | 450 Millions of yen (YoY +2.4%) |
| Full-year earnings forecast | Net Sales 60,000 Millions of yen / Operating profit 500 Millions of yen / Ordinary income 500 Millions of yen / Profit attributable to owners of the parent 700 Millions of yen / Earnings per share 223.96 Yen |
| Breakdown of Factors Affecting the Change | Consolidated Revenue by Segment Consumer and industrial equipment -2,368 / Automotive Electrical Components 1,731 / Wire harnesses -636 / Other and adjustments -118 / Consolidated Operating Income by Segment Consumer and industrial equipment -559 / Automotive Electrical Components -34 / Wire harnesses 144 / Other and adjustments -74 / Consolidated Revenue by Country Japan -1,913 / China -1,819 / India 1,955 / Vietnam / Other 386 / Consolidated Operating Income by Country Japan -292 / China -304 / India 134 / Vietnam / Other -61 |
| Assumptions Underlying the Business Outlook | Orders are expected to increase toward the second half. No foreign exchange gains or losses are assumed. Numerical assumptions: Not disclosed |
| Capital expenditures | 1,741 Millions of yen |
| New initiatives | Capital investment to expand the Hariana plant, Capital investment in Gujarat facilities, Termination of unprofitable businesses in China, Closure and sale of the China Zhejiang plant |
Items this document does not state (20)
Gross Profit MarginOperating profit marginSelling, general and administrative expensesResults for the three months of the current quarterProgress against full-year forecastSelf-assessment against the planSegment resultsKey KPIsUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsAnnual DividendPayout ratioAcquisition of treasury sharesOrders 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.Performance was affected by lower sales of communications switch units and other products, the closure of the China Zhejiang plant and termination of unprofitable businesses, and higher raw material and overseas production costs due to the weaker yen. Operating profit declined because the company was unable to fully pass higher costs through to selling prices in the first half. Ordinary profit declined after the company recorded a foreign exchange loss of ¥392 million. Meanwhile, interim net profit increased due to the recognition of gains on the sale of shares in a subsidiary associated with the sale of the China Zhejiang plant and other factors.
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.