Komori
Earnings6999KOA CORPORATIONElectrical Equipment and Precision Instruments

Consolidated Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP]

For the interim period of the fiscal year ending March 2027, revenue increased 26.0% year on year and operating profit increased 186.4%, representing a significant improvement in performance. The full-year forecasts for results and annual dividends were also revised, with the annual dividend forecast set at ¥78.00.

Worth reading
62In focus
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
186.4
Operating profit year-on-year change (%)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAP
Net Sales43,629¥ millionYear on year +26.0%Progress 47.7%
Operating profit3,739¥ millionYear on year +186.4%Progress 45.0%
Ordinary income3,983¥ millionYear on year +146.2%Progress 46.5%
Net income attributable to owners of the parent5,820¥ millionYear on year +404.1%

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¥156.71
Financial position at period-end
Total assets150,930¥ million
of which net assets 94,509 ¥ millionEquity ratio 62.6%vs. prior year-end +4.2pt

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+5,116
Investment-1,299
Financials-5,564
Net change-1,747

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¥25,835 million
Segment revenue
Japan13,51731.0%
Asia15,42435.4%
Americas6,85615.7%
Europe7,83017.9%
Segment profit
Japan2,50062.8%
Asia67717.0%
Americas3047.6%
Europe50312.6%
Regional sales
Japan13,51731.0%
Asia15,42435.4%
Americas6,85615.7%
Europe7,83017.9%
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥91,500 million (YoY +26.6%)
Operating profit¥8,310 million (YoY +127.9%)
Ordinary income¥8,560 million (YoY +63.9%)
Profit attributable to owners of the parent¥9,660 million (YoY +144.5%)
Revision to Earnings ForecastNot disclosed → Net Sales ¥91,500 million / Operating profit ¥8,310 million / Ordinary income ¥8,560 million / Profit attributable to owners of the parent ¥9,660 million
Annual Dividend Forecast¥32 → ¥78(+143.8%)
Factors Behind Changes in Business Performance

Increased demand from the Chinese automotive sector, distributors in Europe, the US and China, AI-related equipment in Asia, and industrial equipment in Japan; the impact of the weaker yen; higher revenue; and ¥3,098 million in government relocation compensation related to the relocation of a plant.

Disclosure regarding the going concern assumption

Not applicable.

Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Changes in the scope of consolidationNew 0 companies / Excluded 0 companies / Company name None
Impairment loss¥26 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥6 million / Relocation compensation ¥3,098 million / Total ¥3,104 million / Extraordinary loss Losses on disposal of fixed assets ¥15 million / Loss on sale of fixed assets ¥8 million / Impairment loss ¥26 million / Total ¥50 million
Depreciation and amortization¥3,589 million
Orders received and order backlogOrders received ¥53,206 million / Order backlog ¥23,241 million / By segment Japan Orders received 16,819 / Order backlog 9,225 / Asia Orders received 20,763 / Order backlog 9,471 / Americas Orders received 7,582 / Order backlog 3,129 / Europe Orders received 8,041 / Order backlog 1,415
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (for institutional investors and analysts)
Issued Shares at Period-End37,479,724
Treasury Shares at Period-End326,581
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 September 2026
Net Sales¥43,629 million (YoY +26.0%)
Operating profit¥3,739 million (YoY +186.4%)
Ordinary income¥3,983 million (YoY +146.2%)
Profit attributable to owners of the parent¥5,820 million (YoY +404.1%)
Net income per share¥156.71
Equity ratioEnd of the current fiscal period 62.6 / End of previous period 58.4
Total assets¥150,930 million
Net assets¥94,509 million
Cash flows from operating activities¥5,116 million
Cash flows from investing activities¥-1,299 million
Cash flows from financing activities¥-5,564 million
Cash and cash equivalents at end of period¥25,835 million
Full-year earnings forecastNet Sales ¥91,500 million (YoY +26.6%) / Operating profit ¥8,310 million (YoY +127.9%) / Ordinary income ¥8,560 million (YoY +63.9%) / Profit attributable to owners of the parent ¥9,660 million (YoY +144.5%)
Revision to Earnings ForecastNot disclosed → Net Sales ¥91,500 million / Operating profit ¥8,310 million / Ordinary income ¥8,560 million / Profit attributable to owners of the parent ¥9,660 million
Annual Dividend Forecast¥32 → ¥78(+143.8%)
Segment revenueJapan ¥13,517 million / Asia ¥15,424 million / Americas ¥6,856 million / Europe ¥7,830 million
Segment profitJapan ¥2,500 million / Asia ¥677 million / Americas ¥304 million / Europe ¥503 million
Regional salesJapan ¥13,517 million / Asia ¥15,424 million / Americas ¥6,856 million / Europe ¥7,830 million
Orders received and order backlogOrders received ¥53,206 million / Order backlog ¥23,241 million / By segment Japan Orders received 16,819 / Order backlog 9,225 / Asia Orders received 20,763 / Order backlog 9,471 / Americas Orders received 7,582 / Order backlog 3,129 / Europe Orders received 8,041 / Order backlog 1,415
Depreciation and amortization¥3,589 million
Impairment loss¥26 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥6 million / Relocation compensation ¥3,098 million / Total ¥3,104 million / Extraordinary loss Losses on disposal of fixed assets ¥15 million / Loss on sale of fixed assets ¥8 million / Impairment loss ¥26 million / Total ¥50 million
Disclosure regarding the going concern assumptionNot applicable.
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No
Changes in the scope of consolidationNew 0 companies / Excluded 0 companies / Company name None
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (for institutional investors and analysts)
Issued Shares at Period-End37,479,724
Treasury Shares at Period-End326,581
Factors Behind Changes in Business PerformanceIncreased demand from the Chinese automotive sector, distributors in Europe, the US and China, AI-related equipment in Asia, and industrial equipment in Japan; the impact of the weaker yen; higher revenue; and ¥3,098 million in government relocation compensation related to the relocation of a plant.
Items this document does not state (4)
Operating MarginPayout ratioShareholder Return PolicyMaterial subsequent events

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.

Revenue increased due to stronger demand from the Chinese automotive sector, distributors in Europe, the US and China, AI-related equipment in Asia, and industrial equipment in Japan, as well as the weaker yen. Operating profit also increased, mainly due to higher revenue and related factors. In addition, ¥3,098 million in relocation compensation from the government related to the relocation of a plant was recorded as extraordinary income.

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Consolidated Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] | KOA CORPORATION (6999) timely disclosure | Komori