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
32.9
% (year-on-year change in operating income)Wording
Conditional
How definitive the wording is.Results for this period
Full year1 April 2025–31 March 2026ConsolidatedIFRSNet Sales1,146,772¥ millionYear on year +8.2%Progress 95.6%
Operating profit79,551¥ millionYear on year +32.9%Progress 99.4%
Ordinary income90,221¥ millionYear on year +52.5%Progress 107.4%
Net income attributable to owners of the parent62,009¥ millionYear on year +70.7%Progress 108.8%
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¥494.11
Operating Margin6.9％
Financial position at period-end
Total assets992,907¥ million
of which net assets 615,161 ¥ millionEquity ratio 57.3%vs. prior year-end -2.1pt
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.
Cash inflows and outflows
Operating+131,691
Investment-49,646
Financials-70,894
Net change+11,151
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¥131,814 million
Segment revenueJapan 4,886 Hundreds of millions of yen (YoY +11.1%), Americas 4,283 Hundreds of millions of yen (YoY +6.1%), Europe and Africa 346 Hundreds of millions of yen (YoY +5.8%), China 908 Hundreds of millions of yen (YoY -4.3%), Asia 1,539 Hundreds of millions of yen (YoY +11.1%), India 518 Hundreds of millions of yen (YoY +22.4%)
Segment profitJapan 235 Hundreds of millions of yen (YoY +105.9%), Americas 349 Hundreds of millions of yen (YoY +2.4%), Europe and Africa 26 Hundreds of millions of yen (YoY -1.1%), China -20 Hundreds of millions of yen, Asia 149 Hundreds of millions of yen (YoY +5.3%), India 57 Hundreds of millions of yen (YoY +32.3%)
Regional sales4,886 Hundreds of millions of yen (YoY +11.1%), 4,283 Hundreds of millions of yen (YoY +6.1%), 346 Hundreds of millions of yen (YoY +5.8%), 908 Hundreds of millions of yen (YoY -4.3%), 1,539 Hundreds of millions of yen (YoY +11.1%), 518 Hundreds of millions of yen (YoY +22.4%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥1,200,000 million (YoY +4.6%)
Operating profit¥80,000 million (YoY +0.6%)
Ordinary income¥84,000 million (YoY -6.9%)
Net income¥57,000 million (YoY -8.1%)
Annual Dividend Forecast¥138 (pre-stock-split equivalent) → ¥175 (pre-stock-split equivalent)（+26.8%）
Payout ratio26.9％
Shareholder Return PolicyA dividend on equity (DOE) of approximately 3.5% is targeted. Previously, the minimum DOE target was 2.5%.
Factors Behind Changes in Business Performance
Revenue increased due to higher customer production volumes and other factors, while operating profit increased due to the effect of higher sales volume and cost improvements. The Americas were affected by U.S. tariffs, and China was affected by lower customer production volumes and other factors, but China reduced the extent of its loss through fixed-cost reductions and other measures.
Disclosure regarding the going concern assumption
Not applicable.
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 Not disclosed
Changes in the scope of consolidationNew Number of companies 2 / Company name 芦森工業株式会社, ASHIMORI INDUSTRIA de MEXICO，S.A. de C.V. / Excluded Number of companies 1 / Company name 英国豊田合成株式会社
Material subsequent eventsAt a meeting of the board of directors held on 28 April 2026, a resolution was passed to conduct a 1-for-5 stock split of common shares, with 30 September 2026 as the record date and 1 October 2026 as the effective date, and to amend the Articles of Incorporation in connection with the stock split.
Impairment loss¥5,389 million
Depreciation and amortization¥53,655 million (depreciation and amortization)
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for securities analysts and institutional investors)
Issued Shares at Period-End117,614,147
Treasury Shares at Period-End361,287
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | IFRS |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2025–31 March 2026 |
| Net Sales | ¥1,146,772 million (YoY +8.2%) |
| Operating profit | ¥79,551 million (YoY +32.9%) |
| Ordinary income | ¥90,221 million (YoY +52.5%) |
| Profit attributable to owners of the parent | ¥62,009 million (YoY +70.7%) |
| Net income per share | ¥494.11 |
| Operating Margin | 6.9％ |
| Equity ratio | End of the current fiscal period 57.3％ / End of previous period 59.4％ |
| Total assets | ¥992,907 million |
| Net assets | ¥615,161 million |
| Cash flows from operating activities | ¥131,691 million |
| Cash flows from investing activities | ¥-49,646 million |
| Cash flows from financing activities | ¥-70,894 million |
| Cash and cash equivalents at end of period | ¥131,814 million |
| Full-year earnings forecast | Net Sales ¥1,200,000 million (YoY +4.6%) / Operating profit ¥80,000 million (YoY +0.6%) / Ordinary income ¥84,000 million (YoY -6.9%) / Net income ¥57,000 million (YoY -8.1%) |
| Annual Dividend Forecast | ¥138 (pre-stock-split equivalent) → ¥175 (pre-stock-split equivalent)（+26.8%） |
| Payout ratio | 26.9％ |
| Shareholder Return Policy | A dividend on equity (DOE) of approximately 3.5% is targeted. Previously, the minimum DOE target was 2.5%. |
| Segment revenue | Japan 4,886 Hundreds of millions of yen (YoY +11.1%), Americas 4,283 Hundreds of millions of yen (YoY +6.1%), Europe and Africa 346 Hundreds of millions of yen (YoY +5.8%), China 908 Hundreds of millions of yen (YoY -4.3%), Asia 1,539 Hundreds of millions of yen (YoY +11.1%), India 518 Hundreds of millions of yen (YoY +22.4%) |
| Segment profit | Japan 235 Hundreds of millions of yen (YoY +105.9%), Americas 349 Hundreds of millions of yen (YoY +2.4%), Europe and Africa 26 Hundreds of millions of yen (YoY -1.1%), China -20 Hundreds of millions of yen, Asia 149 Hundreds of millions of yen (YoY +5.3%), India 57 Hundreds of millions of yen (YoY +32.3%) |
| Regional sales | 4,886 Hundreds of millions of yen (YoY +11.1%), 4,283 Hundreds of millions of yen (YoY +6.1%), 346 Hundreds of millions of yen (YoY +5.8%), 908 Hundreds of millions of yen (YoY -4.3%), 1,539 Hundreds of millions of yen (YoY +11.1%), 518 Hundreds of millions of yen (YoY +22.4%) |
| Depreciation and amortization | ¥53,655 million (depreciation and amortization) |
| Impairment loss | ¥5,389 million |
| Disclosure regarding the going concern assumption | Not applicable. |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement Not disclosed |
| Changes in the scope of consolidation | New Number of companies 2 / Company name 芦森工業株式会社, ASHIMORI INDUSTRIA de MEXICO，S.A. de C.V. / Excluded Number of companies 1 / Company name 英国豊田合成株式会社 |
| Material subsequent events | At a meeting of the board of directors held on 28 April 2026, a resolution was passed to conduct a 1-for-5 stock split of common shares, with 30 September 2026 as the record date and 1 October 2026 as the effective date, and to amend the Articles of Incorporation in connection with the stock split. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (for securities analysts and institutional investors) |
| Issued Shares at Period-End | 117,614,147 |
| Treasury Shares at Period-End | 361,287 |
| Factors Behind Changes in Business Performance | Revenue increased due to higher customer production volumes and other factors, while operating profit increased due to the effect of higher sales volume and cost improvements. The Americas were affected by U.S. tariffs, and China was affected by lower customer production volumes and other factors, but China reduced the extent of its loss through fixed-cost reductions and other measures. |
Items this document does not state (3)
Revision to Earnings ForecastOrders received and order backlogBreakdown of extraordinary income (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.Higher revenue due to increased customer production volumes and other factors, and higher operating profit due to increased sales volume and cost improvements.
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.