Worth reading
61In 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
3000
¥ million (amount of upward revision to the full-year revenue forecast)Wording
Conditional
How definitive the wording is.Contents of this document
Financial results presentation2025年3月期 第2四半期10 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥10,310 million+41.8%
Operating profit¥1,349 million+940.0%
Ordinary income¥1,176 million+170.8%
Net income¥700 million+183.8%
Gross Profit Margin36.5%
Operating profit margin13.1%
Selling, general and administrative expenses¥2,409 million
Results for the three months of the current quarter
Net Sales
¥5,614 million
Operating profit
¥900 million
By segment
Transportation Equipment Business
Net Sales
¥4,581 million
Operating profit
¥815 million
Industrial Equipment business (energy management systems business)
Net Sales
¥1,023 million
Operating profit
¥91 million
Other
Net Sales
¥9 million
Operating profit
¥1 million
Corporate and eliminations
Operating profit
¥-8 million
Full-year earnings forecast
Net Sales
¥24,000 million
Operating profit
¥2,000 million
Ordinary income
¥1,800 million
Net income for the current fiscal year
¥950 million
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Net Sales輸送機器事業 +3,227百万円、産業機器事業 -188百万円
Operating profit売上要因、原価要因、販管費要因。販管費は給与・法定福利費・福利厚生費 +94百万円、事務用経費 +53百万円
Non-Operating Expenses為替差益 -319百万円、為替差損 +187百万円
New initiatives
- 通勤・通学向けスマホ乗車券および観光・イベント向けモバイルチケットの拡大
- 富士山入山管理システムの構築・2025年夏の利用開始予定
- レシップ電子新工場の稼働開始予定
- キャッシュレス決済端末・電子マネー対応の拡大
Key KPIsA metric the company considers important as a management benchmark.
- 運賃箱販売実績・見込（2025年3月期）1,830 Units
- モバイルチケット導入事業社局数40社局以上
- 海外売上高比率の目標20% or higher
- レシップ電子新工場の生産能力（フル稼働後）現在の約1.5倍
Segment results
Transportation Equipment Business
Net Sales
¥8,316 million+63.4%
Operating profit
¥1,220 million
Year-on-year change+1,269百万円
Industrial Equipment business (energy management systems business)
Net Sales
¥1,975 million-8.7%
Operating profit
¥149 million-23.6%
Other businesses
Net Sales
¥18 million0.0%
Operating profit
¥4 million+29.3%
Medium-term management plan targets
Plan nameReach our Target 2026（RT2026）
Target fiscal yearFiscal year ending March 2027
Net Sales¥24 billion
Operating profit¥1.2bn
Operating profit margin5.0%
Net income for the current fiscal year¥750 million
ROE9.0%
EPS55.1円
Financial targets
ROE9.0%（2027年3月期目標）
Actual ROE41.8%（2024年3月期）
Market Size / Share
バス用運賃箱シェアトップ（数値シェアはNot disclosed）Number of employees
635 people
As ofEnd of September 2024
Capital expenditures
¥1,100 million新工場の設備投資総額
Annual Dividend
¥10 per share
| Item | Details |
|---|---|
| Document type | Financial results presentation |
| Fiscal Period Covered | 2025年3月期 第2四半期 |
| Net Sales | ¥10,310 million (YoY +41.8%) |
| Operating profit | ¥1,349 million (YoY +940.0%) |
| Ordinary income | ¥1,176 million (YoY +170.8%) |
| Net income | ¥700 million (YoY +183.8%) |
| Gross Profit Margin | 36.5% |
| Operating profit margin | 13.1% |
| Selling, general and administrative expenses | ¥2,409 million |
| Results for the three months of the current quarter | Net Sales ¥5,614 million / Operating profit ¥900 million / By segment Transportation Equipment Business Net Sales ¥4,581 million / Operating profit ¥815 million / Industrial Equipment business (energy management systems business) Net Sales ¥1,023 million / Operating profit ¥91 million / Other Net Sales ¥9 million / Operating profit ¥1 million / Corporate and eliminations Operating profit ¥-8 million |
| Full-year earnings forecast | Net Sales ¥24,000 million / Operating profit ¥2,000 million / Ordinary income ¥1,800 million / Net income for the current fiscal year ¥950 million |
| Segment results | Transportation Equipment Business Net Sales ¥8,316 million (YoY +63.4%) / Operating profit ¥1,220 million / Industrial Equipment business (energy management systems business) Net Sales ¥1,975 million (YoY -8.7%) / Operating profit ¥149 million (YoY -23.6%) / Other businesses Net Sales ¥18 million (YoY 0.0%) / Operating profit ¥4 million (YoY +29.3%) |
| Breakdown of Factors Affecting the Change | Net Sales 輸送機器事業 +3,227百万円、産業機器事業 -188百万円 / Operating profit 売上要因、原価要因、販管費要因。販管費は給与・法定福利費・福利厚生費 +94百万円、事務用経費 +53百万円 / Non-Operating Expenses 為替差益 -319百万円、為替差損 +187百万円 |
| Key KPIs | Indicator name 運賃箱販売実績・見込（2025年3月期） / Value 1,830 Units / Year on year against the same period last year Not disclosed, Indicator name モバイルチケット導入事業社局数 / Value 40社局以上 / Year on year against the same period last year Not disclosed, Indicator name 海外売上高比率の目標 / Value 20% or higher / Year on year against the same period last year Not disclosed, Indicator name レシップ電子新工場の生産能力（フル稼働後） / Value 現在の約1.5倍 / Year on year against the same period last year Not disclosed |
| Number of employees | 635 people |
| Medium-term management plan targets | Plan name Reach our Target 2026（RT2026） / Target fiscal year Fiscal year ending March 2027 / Net Sales ¥24 billion / Operating profit ¥1.2bn / Operating profit margin 5.0% / Net income for the current fiscal year ¥750 million / ROE 9.0% / EPS 55.1円 |
| Financial targets | ROE 9.0%（2027年3月期目標） / Actual ROE 41.8%（2024年3月期） / Equity ratio Not disclosed |
| Annual Dividend | ¥10 per share |
| Capital expenditures | 1,100 百万円（新工場の設備投資総額） |
| Market Size / Share | バス用運賃箱シェアトップ（数値シェアはNot disclosed） |
| New initiatives | 通勤・通学向けスマホ乗車券および観光・イベント向けモバイルチケットの拡大, 富士山入山管理システムの構築・2025年夏の利用開始予定, レシップ電子新工場の稼働開始予定, キャッシュレス決済端末・電子マネー対応の拡大 |
Items this document does not state (10)
Progress against full-year forecastSelf-assessment against the planUnit price and quantity metricsNumber of stores and locationsAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookPayout ratioAcquisition of treasury sharesOrders 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.新紙幣発行に伴う運賃箱などの関連製品・ソフトの更新が当初計画を上回ったこと、移動需要・インバウンド需要の増加でバス関連製品の設備投資が増えたこと、増収と売上原価率の低減により利益が上振れしたこと。第2四半期実績では、輸送機器事業の増収と商品構成の変化による原価率低下が損益改善の主因とされている。
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.