Worth reading
44Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Deterioration
Direction inferred from the company’s description.Scale
873
Millions of yen (quarterly net loss attributable to owners of the parent)Wording
Conditional
How definitive the wording is.Contents of this document
Financial results presentationFirst quarter of the fiscal year ending March 20276 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥6,108 million+39.2%
Operating profit¥-819 million
Ordinary income¥-845 million
Net income¥-873 million quarterly net income attributable to owners of the parent
Results for the three months of the current quarter
Operating revenue
¥6,108 million
Operating profit (loss)
¥-819 million
Ordinary profit or loss
¥-845 million
Quarterly profit attributable to owners of the parent
¥-873 million
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Increase in operating revenue from the electricity trading-related business¥1,161 million
- Increase in operating revenue from the renewable energy-related business¥55 million
- Increase in operating revenue from the retail business¥446 million
- Increase in operating revenue from the dealing business¥62 million
- Higher power procurement costs¥2,478 million
- Increase in outsourcing expenses¥62 million
- Difference in the timing of recognizing gains and losses on electricity futures transactions for hedging purposes¥-729 million
New initiatives
- Transition of the くまもとん Solar Power Plant to the FIP (Feed-in Premium) scheme and installation of battery storage
- Transfer of the business rights and real estate relating to the grid-scale battery storage business in Komoro City
- Expansion of the aggregation business
- Expansion of diverse pricing plans and value-added services in the electricity retail business
- Discontinuation of the dealing business by the end of the fiscal year ending March 2027
Key KPIsA metric the company considers important as a management benchmark.
- EBITDA¥-744 million
- Equity ratio42.6 %Year-on-year change (percentage points)7.2
- Equity ratio44.9 %Year-on-year change (percentage points)7.8
- Net debt-to-equity ratio-0.1 timesYear on year against the same period last year-0.1%
- Net Debt/EBITDA0.9 timesYear on year against the same period last year+1.0%
Segment results
- Renewable Energy-Related BusinessOperating revenue¥257 millionYear-on-year (%)29.9Segment Profit or Loss¥-19 million
- Power trading-related businessOperating revenue¥4,951 millionYear-on-year (%)65.3Segment Profit or Loss¥-13 million
- Retail BusinessOperating revenue¥1,642 millionYear-on-year (%)37.4Segment Profit or Loss¥-12 million
- Dealing businessOperating revenue¥47 millionSegment Profit or Loss¥-15 million
Market Size / Share
Number of switches to new electric power retailers20.34 million switches to new electric power retailers (as of the end of March 2026)
Market shareFigures are provided in the chart in the presentation
Annual Dividend
Interim and Year-End BreakdownResolved to pay a dividend of ¥8 per share
| Item | Details |
|---|---|
| Document type | Financial results presentation |
| Fiscal Period Covered | First quarter of the fiscal year ending March 2027 |
| Net Sales | ¥6,108 million (YoY +39.2%) |
| Operating profit | ¥-819 million |
| Ordinary income | ¥-845 million |
| Net income | ¥-873 million (quarterly net income attributable to owners of the parent) |
| Results for the three months of the current quarter | Operating revenue ¥6,108 million / Operating profit (loss) ¥-819 million / Ordinary profit or loss ¥-845 million / Quarterly profit attributable to owners of the parent ¥-873 million |
| Segment results | Segment Renewable Energy-Related Business / Operating revenue ¥257 million / Year-on-year (%) 29.9 / Segment Profit or Loss ¥-19 million, Segment Power trading-related business / Operating revenue ¥4,951 million / Year-on-year (%) 65.3 / Segment Profit or Loss ¥-13 million, Segment Retail Business / Operating revenue ¥1,642 million / Year-on-year (%) 37.4 / Segment Profit or Loss ¥-12 million, Segment Dealing business / Operating revenue ¥47 million / Year-on-year (%) Not disclosed / Segment Profit or Loss ¥-15 million |
| Breakdown of Factors Affecting the Change | Factors Increase in operating revenue from the electricity trading-related business / Amount ¥1,161 million, Factors Increase in operating revenue from the renewable energy-related business / Amount ¥55 million, Factors Increase in operating revenue from the retail business / Amount ¥446 million, Factors Increase in operating revenue from the dealing business / Amount ¥62 million, Factors Higher power procurement costs / Amount ¥2,478 million, Factors Increase in outsourcing expenses / Amount ¥62 million, Factors Difference in the timing of recognizing gains and losses on electricity futures transactions for hedging purposes / Amount ¥-729 million |
| Key KPIs | Indicator EBITDA / Value ¥-744 million / Year on year against the same period last year Not disclosed, Indicator Equity ratio / Value 42.6 % / Year-on-year change (percentage points) 7.2 %, Indicator Equity ratio / Value 44.9 % / Year-on-year change (percentage points) 7.8 %, Indicator Net debt-to-equity ratio / Value -0.1 times / Year on year against the same period last year -0.1 times, Indicator Net Debt/EBITDA / Value 0.9 times / Year on year against the same period last year 1 times |
| Annual Dividend | Annual dividend per share Not disclosed / Interim and Year-End Breakdown Resolved to pay a dividend of ¥8 per share |
| Market Size / Share | Number of switches to new electric power retailers 20.34 million switches to new electric power retailers (as of the end of March 2026) / Market share Figures are provided in the chart in the presentation |
| New initiatives | Transition of the くまもとん Solar Power Plant to the FIP (Feed-in Premium) scheme and installation of battery storage, Transfer of the business rights and real estate relating to the grid-scale battery storage business in Komoro City, Expansion of the aggregation business, Expansion of diverse pricing plans and value-added services in the electricity retail business, Discontinuation of the dealing business by the end of the fiscal year ending March 2027 |
Items this document does not state (18)
Gross Profit MarginOperating profit marginSelling, general and administrative expensesFull-year earnings forecastProgress against full-year forecastSelf-assessment against the planUnit 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 backlogKey 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.The company explained that operating revenue increased amid sharp rises in crude oil, natural gas and other prices resulting from heightened tensions surrounding Iran. However, earnings were weighed down in the electricity trading-related business because only the hedging gains had been recognized earlier, in the previous fiscal year. The company also cited higher electricity procurement costs, higher outsourcing expenses, unfavorable weather and higher costs in the renewable energy-related business, and lower margins resulting from price competition in the retail business.
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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