Worth reading
53Recurring
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
13.2
Year-on-year change in revenue (%)Wording
Conditional
How definitive the wording is.Contents of this document
Supplementary materials to the earnings reportFiscal year ending March 20267 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥30,415 million+13.2%
Operating profit¥1,650 million+166.8%
Ordinary income¥1,766 million+164.0%
Net income¥1,231 million+174.9%
Gross Profit Margin14.9%
Operating profit margin5.4%
Selling, general and administrative expenses¥2,896 million
Results for the three months of the current quarter
Fourth quarter of the fiscal year ended March 2026
Net Sales
¥8,004 million
Gross profit
¥1,293 million
Selling, general and administrative expenses
¥938 million
Operating profit
¥355 million
Ordinary income
¥375 million
Quarterly net income
¥252 million
Full-year earnings forecast
Net Sales
¥32,000 million
Gross profit
¥4,700 million
Selling, general and administrative expenses
¥2,700 million
Operating profit
¥2,000 million
Ordinary income
¥2,000 million
Net income for the current fiscal year
¥1,400 million
Earnings per share
¥217.38
Dividend
¥77
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Revenue exceeded the previous forecast, while operating income exceeded both the initial plan and the revised planBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Revenue increase/decrease impact¥914 million
- Improvement in value-added ratio and product mix¥1,326 million
- Fixed Costs¥-839 million
- Change in SG&A expenses¥-368 million
- Non-operating Income¥0 million
- Non-Operating Expenses¥65 million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Numerical assumptions for exchange rates, raw material prices, interest rates and other items are Not disclosed. Demand outlook by product group and application is provided.New initiatives
- Commencement and expansion of mass production of high-end optoelectronic lead frames
- Expansion of sales of lead frames and connector components for high-value-added products
- Expansion of market share for clip-bonding products
Key KPIsA metric the company considers important as a management benchmark.
- Revenue from optoelectronic lead frames¥5,190 millionYear on year against the same period last year+54.0%
- Revenue from connector components¥14,411 millionYear on year against the same period last year+19.2%
- Revenue from lead frames for power semiconductors¥10,152 millionYear on year against the same period last year-5.8%
- Share of revenue from wearable applications4.3%Year on year against the same period last year-1.9 percentage points
- Share of revenue from automotive applications43.2%Year on year against the same period last year+0.7 percentage points
- Share of revenue from smartphone applications23.5%Year on year against the same period last year+1.0 percentage points
Medium-term management plan targets
Under the medium-term management plan, “2nd STEP,” the company will maintain a trend of dividend increases with DOE of at least 2.5%. A dividend of ¥77 per share is planned for the fiscal year ending March 2027.Annual Dividend
Fiscal year ending March 2026¥75 per share
Forecast for the fiscal year ending March 2027¥77 per share
| Item | Details |
|---|---|
| Document type | Supplementary materials to the earnings report |
| Fiscal Period Covered | Fiscal year ending March 2026 |
| Net Sales | ¥30,415 million (YoY +13.2%) |
| Operating profit | ¥1,650 million (YoY +166.8%) |
| Ordinary income | ¥1,766 million (YoY +164.0%) |
| Net income | ¥1,231 million (YoY +174.9%) |
| Gross Profit Margin | 14.9% |
| Operating profit margin | 5.4% |
| Selling, general and administrative expenses | ¥2,896 million |
| Results for the three months of the current quarter | Fourth quarter of the fiscal year ended March 2026 Net Sales ¥8,004 million / Gross profit ¥1,293 million / Selling, general and administrative expenses ¥938 million / Operating profit ¥355 million / Ordinary income ¥375 million / Quarterly net income ¥252 million |
| Full-year earnings forecast | Net Sales ¥32,000 million / Gross profit ¥4,700 million / Selling, general and administrative expenses ¥2,700 million / Operating profit ¥2,000 million / Ordinary income ¥2,000 million / Net income for the current fiscal year ¥1,400 million / Earnings per share ¥217.38 / Dividend ¥77 |
| Self-assessment against the plan | Revenue exceeded the previous forecast, while operating income exceeded both the initial plan and the revised plan |
| Breakdown of Factors Affecting the Change | Factors Revenue increase/decrease impact / Amount ¥914 million, Factors Improvement in value-added ratio and product mix / Amount ¥1,326 million, Factors Fixed Costs / Amount ¥-839 million, Factors Change in SG&A expenses / Amount ¥-368 million, Factors Non-operating Income / Amount ¥0 million, Factors Non-Operating Expenses / Amount ¥65 million |
| Key KPIs | Indicator name Revenue from optoelectronic lead frames / Value ¥5,190 million / Year on year against the same period last year +54.0%, Indicator name Revenue from connector components / Value ¥14,411 million / Year on year against the same period last year +19.2%, Indicator name Revenue from lead frames for power semiconductors / Value ¥10,152 million / Year on year against the same period last year -5.8%, Indicator name Share of revenue from wearable applications / Value 4.3% / Year on year against the same period last year -1.9 percentage points, Indicator name Share of revenue from automotive applications / Value 43.2% / Year on year against the same period last year +0.7 percentage points, Indicator name Share of revenue from smartphone applications / Value 23.5% / Year on year against the same period last year +1.0 percentage points |
| Assumptions Underlying the Business Outlook | Numerical assumptions for exchange rates, raw material prices, interest rates and other items are Not disclosed. Demand outlook by product group and application is provided. |
| Medium-term management plan targets | Under the medium-term management plan, “2nd STEP,” the company will maintain a trend of dividend increases with DOE of at least 2.5%. A dividend of ¥77 per share is planned for the fiscal year ending March 2027. |
| Annual Dividend | Fiscal year ending March 2026 ¥75 per share / Forecast for the fiscal year ending March 2027 ¥77 per share / Interim and Year-End Breakdown Not disclosed |
| New initiatives | Commencement and expansion of mass production of high-end optoelectronic lead frames, Expansion of sales of lead frames and connector components for high-value-added products, Expansion of market share for clip-bonding products |
Items this document does not state (13)
Progress against full-year forecastSegment resultsUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookFinancial targetsPayout 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.Demand was strong for optoelectronic lead frames for high-end LEDs and connector components for smartphones. Profitability also improved as a result of higher factory utilization and the in-house production of plating.
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.