Worth reading
48Recurring
Scored from 5 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
16.6
% (year-on-year change in revenue)Wording
Conditional
How definitive the wording is.Results for this period
First quarter1 January 2026–31 March 2026ConsolidatedIFRSNet Sales730,121¥ millionYear on year +16.6%Progress 27.0%
Operating profit62,635¥ millionYear on year +43.8%Progress 34.8%
Ordinary income61,938¥ millionYear on year +36.4%
Net income attributable to owners of the parent41,260¥ millionYear on year +34.5%Progress 41.3%
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¥42.52
Financial position at period-end
Total assets3,086,692¥ million
of which net assets 1,203,469 ¥ millionEquity ratio 37.7%vs. prior year-end -1.3pt
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+5,581
Investment-34,716
Financials+65,026
Net change+35,891
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¥436,674 million
Segment revenueLand Mobility ¥479,944 million (YoY +23.7%), Marine ¥148,597 million (YoY +6.0%), Outdoor Land Vehicles ¥41,199 million (YoY -0.4%), Robotics ¥26,263 million (YoY +10.2%), Financial Services ¥30,248 million (YoY +8.7%)
Segment profitLand Mobility ¥48,976 million (YoY +76.3%), Marine ¥15,974 million (YoY -19.2%), Outdoor Land Vehicles ¥-7,787 million, Robotics ¥710 million, Financial Services ¥6,356 million (YoY +56.8%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥2,700,000 million (YoY +6.5%)
Operating profit¥180,000 million (YoY +42.4%)
Ordinary incomeNot disclosed
Net income¥100,000 million (YoY +520.8%)
Annual Dividend Forecast¥35 → ¥50（+42.9%）
Factors Behind Changes in Business Performance
Sales increased, mainly in motorcycles. Operating profit increased despite the impact of U.S. tariffs and higher procurement costs, owing to higher unit sales, foreign exchange effects, and reductions in selling, general and administrative expenses.
Disclosure regarding the going concern assumption
No applicable matters.
Change in accounting policy
基準改正に伴う変更 Yesそれ以外の変更 No見積りの変更 No修正再表示 Not disclosed
Changes in the scope of consolidationNew Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed
Impairment loss－
Depreciation and amortization¥23,099 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable Yes / Subject person Institutional investors and securities analysts
Issued Shares at Period-End1,018,125,101
Treasury Shares at Period-End47,747,012
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | IFRS |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 January 2026–31 March 2026 |
| Net Sales | ¥730,121 million (YoY +16.6%) |
| Operating profit | ¥62,635 million (YoY +43.8%) |
| Ordinary income | ¥61,938 million (YoY +36.4%) |
| Profit attributable to owners of the parent | ¥41,260 million (YoY +34.5%) |
| Net income per share | ¥42.52 |
| Equity ratio | End of the current fiscal period 37.7 / End of previous period 39 |
| Total assets | ¥3,086,692 million |
| Net assets | ¥1,203,469 million |
| Cash flows from operating activities | ¥5,581 million |
| Cash flows from investing activities | ¥-34,716 million |
| Cash flows from financing activities | ¥65,026 million |
| Cash and cash equivalents at end of period | ¥436,674 million |
| Full-year earnings forecast | Net Sales ¥2,700,000 million (YoY +6.5%) / Operating profit ¥180,000 million (YoY +42.4%) / Ordinary income Not disclosed / Net income ¥100,000 million (YoY +520.8%) |
| Annual Dividend Forecast | ¥35 → ¥50（+42.9%） |
| Segment revenue | Land Mobility ¥479,944 million (YoY +23.7%), Marine ¥148,597 million (YoY +6.0%), Outdoor Land Vehicles ¥41,199 million (YoY -0.4%), Robotics ¥26,263 million (YoY +10.2%), Financial Services ¥30,248 million (YoY +8.7%) |
| Segment profit | Land Mobility ¥48,976 million (YoY +76.3%), Marine ¥15,974 million (YoY -19.2%), Outdoor Land Vehicles ¥-7,787 million, Robotics ¥710 million, Financial Services ¥6,356 million (YoY +56.8%) |
| Depreciation and amortization | ¥23,099 million |
| Impairment loss | － |
| Disclosure regarding the going concern assumption | No applicable matters. |
| Change in accounting policy | Changes due to revisions to standards Yes / Other changes No / Change in accounting estimate No / Restatement Not disclosed |
| Changes in the scope of consolidation | New Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Whether applicable Yes / Subject person Institutional investors and securities analysts |
| Issued Shares at Period-End | 1,018,125,101 |
| Treasury Shares at Period-End | 47,747,012 |
| Factors Behind Changes in Business Performance | Sales increased, mainly in motorcycles. Operating profit increased despite the impact of U.S. tariffs and higher procurement costs, owing to higher unit sales, foreign exchange effects, and reductions in selling, general and administrative expenses. |
Items this document does not state (8)
Operating MarginRevision to Earnings ForecastPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogBreakdown of extraordinary income (loss)Material 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.Sales increased, mainly in motorcycles. Operating profit increased despite the impact of U.S. tariffs and higher procurement costs, owing to higher unit sales, foreign exchange effects, and reductions in selling, general and administrative expenses.
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.