Worth reading
41Recurring
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
80000
¥ million (increase in full-year operating income forecast)Wording
Conditional
How definitive the wording is.Contents of this document
Financial results presentationInterim period of the fiscal year ending December 20269 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥14,980 100 million+17.2%
Operating profit¥1,585 100 million+88.6%
Net income¥1,139 100 million +114.7%interim profit attributable to owners of the parent
Selling, general and administrative expensesMentions reductions in selling, general and administrative expenses. Amount and SG&A-to-revenue ratio: Not disclosed
Full-year earnings forecast
Revenue
¥2,900,000 million
Operating profit
¥260,000 million
Profit for the period attributable to owners of the parent
¥170,000 million
Basic earnings per share
¥175.16
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Expects revenue and profit to exceed the initial planBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Factors include higher unit sales, foreign exchange effects, reductions in selling, general and administrative expenses, appropriate adjustments to selling prices, U.S. tariffs, procurement and raw material costs, research and development expenses, and the elimination of valuation losses on interest rate swaps. Amounts for individual factors: Not disclosed
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
US dollars¥159 (¥4 weaker against the yen than in the initial forecast, and ¥9 weaker year on year)
Euro¥182 (¥7 weaker against the yen than in the initial forecast, and ¥13 weaker year on year)
New initiatives
- Formulated a policy for structural reforms in the Outdoor Land Vehicles business
Key KPIsA metric the company considers important as a management benchmark.
The company explains changes in unit sales, but the specific number of units is Not disclosedUnit price and quantity metricsThese figures show sales broken down by price and volume.
Mentions unit sales and selling prices, but specific volumes and unit prices are Not disclosedSegment results
Land Mobility
Revenue
¥9,846 100 million+21.8%
Operating profit
¥1,127 100 million+89.8%
Marine
Revenue
¥3,007 100 million+7.4%
Operating profit
¥460 100 million+18.3%
Outdoor Land Vehicles
Revenue
¥803 100 million+3.3%
Operating loss
¥-120 100 million
Robotics
Revenue
¥601 100 million+24.5%
Operating profit
¥37 100 million
Financial Services
Revenue
¥636 100 million+18.1%
Operating profit
¥121 100 million+50.6%
Other
Revenue
¥87 100 million-11.6%
Operating loss
¥-41 100 million
Risk amount incorporated into the outlookThe amount representing the range of variation the company expects in its forecast.
The company states that the forecast incorporates higher raw material costs associated with the situation in the Middle East and one-time expenses related to structural reforms in the OLV business, but the amounts are Not disclosedAnnual Dividend
Annual¥50 per share
| Item | Details |
|---|---|
| Document type | Financial results presentation |
| Fiscal Period Covered | Interim period of the fiscal year ending December 2026 |
| Net Sales | ¥14,980 100 million (YoY +17.2%) |
| Operating profit | ¥1,585 100 million (YoY +88.6%) |
| Net income | ¥1,139 100 million (interim profit attributable to owners of the parent) (YoY +114.7%) |
| Selling, general and administrative expenses | Mentions reductions in selling, general and administrative expenses. Amount and SG&A-to-revenue ratio: Not disclosed |
| Full-year earnings forecast | Revenue ¥2,900,000 million / Operating profit ¥260,000 million / Profit for the period attributable to owners of the parent ¥170,000 million / Basic earnings per share ¥175.16 |
| Self-assessment against the plan | Expects revenue and profit to exceed the initial plan |
| Segment results | Land Mobility Revenue ¥9,846 100 million (YoY +21.8%) / Operating profit ¥1,127 100 million (YoY +89.8%) / Marine Revenue ¥3,007 100 million (YoY +7.4%) / Operating profit ¥460 100 million (YoY +18.3%) / Outdoor Land Vehicles Revenue ¥803 100 million (YoY +3.3%) / Operating loss ¥-120 100 million / Robotics Revenue ¥601 100 million (YoY +24.5%) / Operating profit ¥37 100 million / Financial Services Revenue ¥636 100 million (YoY +18.1%) / Operating profit ¥121 100 million (YoY +50.6%) / Other Revenue ¥87 100 million (YoY -11.6%) / Operating loss ¥-41 100 million |
| Breakdown of Factors Affecting the Change | Factors include higher unit sales, foreign exchange effects, reductions in selling, general and administrative expenses, appropriate adjustments to selling prices, U.S. tariffs, procurement and raw material costs, research and development expenses, and the elimination of valuation losses on interest rate swaps. Amounts for individual factors: Not disclosed |
| Key KPIs | The company explains changes in unit sales, but the specific number of units is Not disclosed |
| Unit price and quantity metrics | Mentions unit sales and selling prices, but specific volumes and unit prices are Not disclosed |
| Assumptions Underlying the Business Outlook | US dollars ¥159 (¥4 weaker against the yen than in the initial forecast, and ¥9 weaker year on year) / Euro ¥182 (¥7 weaker against the yen than in the initial forecast, and ¥13 weaker year on year) |
| Risk amount incorporated into the outlook | The company states that the forecast incorporates higher raw material costs associated with the situation in the Middle East and one-time expenses related to structural reforms in the OLV business, but the amounts are Not disclosed |
| Annual Dividend | Annual ¥50 per share / Interim Not disclosed / End of period Not disclosed |
| New initiatives | Formulated a policy for structural reforms in the Outdoor Land Vehicles business |
Items this document does not state (15)
Ordinary incomeGross Profit MarginOperating profit marginResults for the three months of the current quarterProgress against full-year forecastNumber of stores and locationsNumber of employeesMedium-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.The revision reflects higher unit sales in the motorcycle business, particularly in emerging markets; refunds of additional U.S. tariffs; the continued depreciation of the yen; appropriate adjustments to selling prices; the effects of cost-reduction initiatives; and the outlook that the full-year impact of additional U.S. tariffs in the United States will be lower than initially assumed. The company has also factored in higher raw material costs associated with the situation in the Middle East and one-time expenses related to structural reforms in the Outdoor Land Vehicles 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.
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.