Worth reading
69In focus
Scored from 5 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
6.2
Year-on-year revenue growth (%)Wording
Conditional
How definitive the wording is.Contents of this document
Earnings presentationFirst quarter of the fiscal year ending December 20266 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥153 100 million+6.2%
Operating profit416 million yen+6.9%
Ordinary income390 million yen
Net income278 million yen
Results for the three months of the current quarter
Net Sales
¥153 100 million
Operating profit
416 million yen
Ordinary income
390 million yen
Net income
278 million yen
Full-year earnings forecast
Net Sales
¥653 100 million
Ordinary income
1,650 million yen
Net income
1,130 million yen
Progress against full-year forecast 通期の予想に対して、いまどこまで進んだかの割合です。
Net Sales23%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Progress in line with the plan in the first quarter, with the start-up proceeding as expectedBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Increase in gross profit from the MRO business71 million yen
- Decrease in gross profit from other businesses-6 million yen
- Increase in logistics costs-4 million yen
- Higher personnel expenses-30 million yen
- Increase in IT expenses-4 million yen
- Increase in other expenses, etc.0 million yen
New initiatives
- Launch of the “Upload Search” function for the Mugen Catalog serviceDetailsThe service was launched on 28 April 2026. Initial use began mainly in the automotive industry, followed by a rollout to customers in the services sector and other industries during June, with rollout to customers in the chemicals, infrastructure and machinery industries scheduled to begin in August and continue through early September.
Key KPIsA metric the company considers important as a management benchmark.
- Share of sales to small and medium-sized businesses in total MRO sales13.6 %
- Share of direct sales to large enterprises in total MRO sales86.4 %
- Number of customer groups sold directly to large enterprises (less than ¥3 million per month)24 companies
- Number of customer groups sold directly to large enterprises (¥3 million to less than ¥10 million per month)28 companies
- Number of customer groups sold directly to large enterprises (¥50 million or more per month)21 companies
Segment results
MRO Business
Net Sales
¥120 100 million+4.8%
Segment profit
366 million yen+18.8%
FM Business
Net Sales
¥32 100 million+12.0%
Segment profit
34 million yen-49.1%
Annual Dividend
Annual dividend per share¥37 per share
BreakdownRegular dividend: ¥37.0 per share, scheduled for payment in March 2027
| Item | Details |
|---|---|
| Document type | Earnings presentation |
| Fiscal Period Covered | First quarter of the fiscal year ending December 2026 |
| Net Sales | ¥153 100 million (YoY +6.2%) |
| Operating profit | 416 million yen (YoY +6.9%) |
| Ordinary income | 390 million yen |
| Net income | 278 million yen |
| Results for the three months of the current quarter | Net Sales ¥153 100 million / Operating profit 416 million yen / Ordinary income 390 million yen / Net income 278 million yen |
| Full-year earnings forecast | Net Sales ¥653 100 million / Ordinary income 1,650 million yen / Net income 1,130 million yen |
| Progress against full-year forecast | Net Sales 23% / Ordinary income Not disclosed / Net income Not disclosed |
| Self-assessment against the plan | Progress in line with the plan in the first quarter, with the start-up proceeding as expected |
| Segment results | MRO Business Net Sales ¥120 100 million (YoY +4.8%) / Segment profit 366 million yen (YoY +18.8%) / FM Business Net Sales ¥32 100 million (YoY +12.0%) / Segment profit 34 million yen (YoY -49.1%) |
| Breakdown of Factors Affecting the Change | Factors Increase in gross profit from the MRO business / Amount 71 million yen, Factors Decrease in gross profit from other businesses / Amount -6 million yen, Factors Increase in logistics costs / Amount -4 million yen, Factors Higher personnel expenses / Amount -30 million yen, Factors Increase in IT expenses / Amount -4 million yen, Factors Increase in other expenses, etc. / Amount 0 million yen |
| Key KPIs | Indicator name Share of sales to small and medium-sized businesses in total MRO sales / Value 13.6 % / Year on year against the same period last year Not disclosed, Indicator name Share of direct sales to large enterprises in total MRO sales / Value 86.4 % / Year on year against the same period last year Not disclosed, Indicator name Number of customer groups sold directly to large enterprises (less than ¥3 million per month) / Value 24 companies / Year on year against the same period last year Not disclosed, Indicator name Number of customer groups sold directly to large enterprises (¥3 million to less than ¥10 million per month) / Value 28 companies / Year on year against the same period last year Not disclosed, Indicator name Number of customer groups sold directly to large enterprises (¥50 million or more per month) / Value 21 companies / Year on year against the same period last year Not disclosed |
| Annual Dividend | Annual dividend per share ¥37 per share / Breakdown Regular dividend: ¥37.0 per share, scheduled for payment in March 2027 |
| New initiatives | Measures Launch of the “Upload Search” function for the Mugen Catalog service / Details The service was launched on 28 April 2026. Initial use began mainly in the automotive industry, followed by a rollout to customers in the services sector and other industries during June, with rollout to customers in the chemicals, infrastructure and machinery industries scheduled to begin in August and continue through early September. |
Items this document does not state (16)
Gross Profit MarginOperating profit marginSelling, general and administrative expensesUnit price and quantity metricsNumber of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan targetsFinancial 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.In the MRO business, the optimization of fixed costs and a review of suppliers and procurement terms contributed to higher profit. In the FM business, revenue increased due to a rise in large-scale construction projects, but gross margin temporarily declined as the mix of individual projects changed, resulting in lower profit.
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.