Worth reading
53Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
5366
¥ millionWording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAPNet Sales16,151¥ millionYear on year +49.8%
Operating profit863¥ million
Ordinary income946¥ million
Net income attributable to owners of the parent969¥ million
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.
Net income per share-¥73.89
Financial position at period-end
Total assets15,255¥ million
of which net assets 6,830 ¥ millionEquity ratio 42.5%vs. prior year-end +7.1pt
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.
Segment revenueRenewable Energy-Related Business ¥1,298 million (YoY +214.8%), Power trading-related business ¥11,272 million (YoY +48.0%), Retail business ¥3,694 million (YoY +29.0%), Dealing business ¥58 million (YoY +149.8%)
Segment profitRenewable Energy-Related Business ¥640 million, Power trading-related business △1,382, Retail business △41, Dealing business △58
Outlook and shareholder returns
Full-year earnings forecast
Net SalesNot disclosed
Operating profitNot disclosed
Ordinary incomeNot disclosed
Net incomeNot disclosed
RemarksThe earnings forecast is difficult because the timing of profit and loss recognition differs between electricity futures transactions and electricity forward transactions.
Annual Dividend ForecastNot disclosed → To be determined
Payout ratio30% or more (taking into account the impact of electricity hedging transactions and other factors)
Shareholder Return PolicyA payout ratio of 30% or more, taking into account the impact of electricity hedging transactions and other factors. Through the fiscal year ending March 2028 during the Mid-Term Vision 2028 period, the basic policy is to pay an annual year-end dividend with a minimum of ¥7 per share.
Factors Behind Changes in Business Performance
Operating revenue increased against the backdrop of higher power prices following sharp increases in crude oil, natural gas and other prices due to heightened tensions surrounding Iran. In the renewable energy-related business, the transfer of rights and other assets relating to grid-scale battery storage facilities resulted in operating profit of ¥664 million. In the electricity trading-related business, however, the effect of hedging gains having effectively been recognized earlier in the previous consolidated fiscal year, together with seasonal factors and other factors, resulted in a loss.
Disclosure regarding the going concern assumption
There are no applicable matters.
Change in accounting policy
基準改正に伴う変更 Noneそれ以外の変更 None見積りの変更 None修正再表示 None
Changes in the scope of consolidationNew 0 companies / Excluded 0 companies / Company name No
Impairment lossNo material impairment loss was recognized
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥194 thousand / Extraordinary loss Not disclosed
Depreciation and amortization¥157,029 thousand
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingNo (an online recorded presentation is posted on the company's website)
Issued Shares at Period-End13,160,300 shares
Treasury Shares at Period-End75,900 shares
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 September 2026 |
| Net Sales | ¥16,151 million (YoY +49.8%) |
| Operating profit | △863 |
| Ordinary income | △946 |
| Profit attributable to owners of the parent | △969 |
| Net income per share | -¥73.89 |
| Equity ratio | End of the current fiscal period 42.5% / End of previous period 35.4% |
| Total assets | ¥15,255 million |
| Net assets | ¥6,830 million |
| Full-year earnings forecast | Net Sales Not disclosed / Operating profit Not disclosed / Ordinary income Not disclosed / Net income Not disclosed / Remarks The earnings forecast is difficult because the timing of profit and loss recognition differs between electricity futures transactions and electricity forward transactions. |
| Annual Dividend Forecast | Not disclosed → To be determined |
| Payout ratio | 30% or more (taking into account the impact of electricity hedging transactions and other factors) |
| Shareholder Return Policy | A payout ratio of 30% or more, taking into account the impact of electricity hedging transactions and other factors. Through the fiscal year ending March 2028 during the Mid-Term Vision 2028 period, the basic policy is to pay an annual year-end dividend with a minimum of ¥7 per share. |
| Segment revenue | Renewable Energy-Related Business ¥1,298 million (YoY +214.8%), Power trading-related business ¥11,272 million (YoY +48.0%), Retail business ¥3,694 million (YoY +29.0%), Dealing business ¥58 million (YoY +149.8%) |
| Segment profit | Renewable Energy-Related Business ¥640 million, Power trading-related business △1,382, Retail business △41, Dealing business △58 |
| Depreciation and amortization | ¥157,029 thousand |
| Impairment loss | No material impairment loss was recognized |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥194 thousand / Extraordinary loss Not disclosed |
| Disclosure regarding the going concern assumption | There are no applicable matters. |
| Change in accounting policy | Changes due to revisions to standards None / Other changes None / Change in accounting estimate None / Restatement None |
| Changes in the scope of consolidation | New 0 companies / Excluded 0 companies / Company name No |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | No (an online recorded presentation is posted on the company's website) |
| Issued Shares at Period-End | 13,160,300 shares |
| Treasury Shares at Period-End | 75,900 shares |
| Factors Behind Changes in Business Performance | Operating revenue increased against the backdrop of higher power prices following sharp increases in crude oil, natural gas and other prices due to heightened tensions surrounding Iran. In the renewable energy-related business, the transfer of rights and other assets relating to grid-scale battery storage facilities resulted in operating profit of ¥664 million. In the electricity trading-related business, however, the effect of hedging gains having effectively been recognized earlier in the previous consolidated fiscal year, together with seasonal factors and other factors, resulted in a loss. |
Items this document does not state (9)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodRevision to Earnings ForecastRegional salesOrders received and order backlogMaterial 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.Operating revenue increased as power prices rose against the backdrop of sharp increases in crude oil, natural gas and other prices due to heightened tensions surrounding Iran. In terms of profit and loss, the company recorded operating profit of ¥664 million from the transfer of rights and other assets relating to grid-scale battery storage facilities, but recorded a loss due to the impact of hedging gains on electricity futures transactions having been recognized earlier in the previous consolidated fiscal year, as well as seasonal 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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.