Worth reading
48Recurring
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
13.8
%Wording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)1 April 2026–30 September 2026ConsolidatedJapanese GAAPNet Sales29,428¥ millionYear on year +13.8%Progress 55.5%
Operating profit498¥ millionYear on year +5.4%Progress 45.3%
Ordinary income787¥ millionYear on year +70.8%Progress 65.6%
Net income attributable to owners of the parent517¥ millionYear on year +89.4%
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¥16.27
Financial position at period-end
Total assets54,463¥ million
of which net assets 32,033 ¥ millionEquity ratio 56.9%vs. prior year-end +1.4pt
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 revenueJapan ¥16,357 million (YoY +6.5%), Asia ¥10,401 million (YoY +18.6%), China ¥2,670 million (YoY +55.1%)
Segment profitJapan ¥-80 million, Asia ¥564 million (YoY +25.4%), China ¥28 million
Regional sales¥16,357 million (YoY +6.5%), ¥10,401 million (YoY +18.6%), ¥2,670 million (YoY +55.1%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥53,000 million (YoY -3.2%)
Operating profit¥1,100 million (YoY -26.5%)
Ordinary income¥1,200 million (YoY -30.7%)
Profit attributable to owners of the parent¥600 million
Revision to Earnings ForecastNo (unchanged)
Annual Dividend Forecast8 yen → 8 yen（0.0%）
Factors Behind Changes in Business Performance
Sales to major domestic and overseas customers increased steadily. Despite an increase in the materials cost ratio, operating profit increased due to the effect of higher revenue and cost-reduction initiatives, while ordinary profit increased due mainly to the recognition of foreign exchange gains.
Disclosure regarding the going concern assumption
No applicable matters
Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Changes in the scope of consolidation0 additions and 0 exclusions (no company names)
Material subsequent eventsThe Board of Directors resolved at its meeting held on 12 November 2026 to implement a preferential early-retirement program. The program is expected to be offered to approximately 50 people, with enhanced severance payments, outplacement support costs and other expenses scheduled to be recognized as an extraordinary loss in the financial statements for the fiscal year ending March 2027. The impact on earnings has not been determined because the number of applicants is not yet known.
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of property, plant and equipment ¥0 million / Extraordinary loss Loss on sale of non-current assets ¥3 million, Loss on disposal of fixed assets ¥10 million
Availability of Financial Results BriefingYes (scheduled to be held on 3 December 2026 for institutional investors and analysts)
Issued Shares at Period-End32,694,135 shares
Treasury Shares at Period-End902,727 shares
Supplementary financial results materialsYes
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026–30 September 2026 |
| Net Sales | ¥29,428 million (YoY +13.8%) |
| Operating profit | ¥498 million (YoY +5.4%) |
| Ordinary income | ¥787 million (YoY +70.8%) |
| Profit attributable to owners of the parent | ¥517 million (YoY +89.4%) |
| Net income per share | ¥16.27 |
| Equity ratio | End of the current fiscal period 56.9 / End of previous period 55.5 |
| Total assets | ¥54,463 million |
| Net assets | ¥32,033 million |
| Full-year earnings forecast | Net Sales ¥53,000 million (YoY -3.2%) / Operating profit ¥1,100 million (YoY -26.5%) / Ordinary income ¥1,200 million (YoY -30.7%) / Profit attributable to owners of the parent ¥600 million |
| Revision to Earnings Forecast | No (unchanged) |
| Annual Dividend Forecast | 8 yen → 8 yen（0.0%） |
| Segment revenue | Japan ¥16,357 million (YoY +6.5%), Asia ¥10,401 million (YoY +18.6%), China ¥2,670 million (YoY +55.1%) |
| Segment profit | Japan ¥-80 million, Asia ¥564 million (YoY +25.4%), China ¥28 million |
| Regional sales | ¥16,357 million (YoY +6.5%), ¥10,401 million (YoY +18.6%), ¥2,670 million (YoY +55.1%) |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of property, plant and equipment ¥0 million / Extraordinary loss Loss on sale of non-current assets ¥3 million, Loss on disposal of fixed assets ¥10 million |
| Disclosure regarding the going concern assumption | No applicable matters |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | 0 additions and 0 exclusions (no company names) |
| Material subsequent events | The Board of Directors resolved at its meeting held on 12 November 2026 to implement a preferential early-retirement program. The program is expected to be offered to approximately 50 people, with enhanced severance payments, outplacement support costs and other expenses scheduled to be recognized as an extraordinary loss in the financial statements for the fiscal year ending March 2027. The impact on earnings has not been determined because the number of applicants is not yet known. |
| Supplementary financial results materials | Yes |
| Availability of Financial Results Briefing | Yes (scheduled to be held on 3 December 2026 for institutional investors and analysts) |
| Issued Shares at Period-End | 32,694,135 shares |
| Treasury Shares at Period-End | 902,727 shares |
| Factors Behind Changes in Business Performance | Sales to major domestic and overseas customers increased steadily. Despite an increase in the materials cost ratio, operating profit increased due to the effect of higher revenue and cost-reduction initiatives, while ordinary profit increased due mainly to the recognition of foreign exchange gains. |
Items this document does not state (10)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodPayout ratioShareholder Return PolicyOrders received and order backlogDepreciation and amortizationImpairment loss
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.Revenue increased as sales to major domestic and overseas customers continued to grow steadily. Operating profit increased due to the effect of higher revenue and cost-reduction initiatives, despite an increase in the materials cost ratio. Ordinary profit increased due mainly to the recognition of foreign exchange gains. The preferential early-retirement program will be implemented in response to changes in the business environment surrounding the commercial vehicle market, as well as customers' globalization and advancing business reorganizations, with the aim of optimizing fixed costs and establishing an efficient business operating structure.
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.