Worth reading
55In focus
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
38.8
Year-on-year change in operating profit (%)Wording
Conditional
How definitive the wording is.Results for this period
First quarter1 April 2026 to 30 June 2026ConsolidatedIFRSNet Sales71,800million yenYear on year +18.3%Progress 27.1%
Operating profit7,032million yenYear on year +38.8%Progress 32.0%
Ordinary income7,723million yenYear on year +41.8%Progress 32.2%
Net income attributable to owners of the parent5,814million yenYear on year +24.3%Progress 34.0%
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¥120.06
Operating Margin9.8%
Financial position at period-end
Total assets267,589million yen
of which net assets 209,106 million yenEquity ratio 77.6%vs. prior year-end 0.0pt
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+6,391
Investment-2,296
Financials-5,288
Net change-1,193
Stacked from zero: upward is an increase in cash, downward a decrease (in million yen).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 period71,000 million yen
Segment revenueTwo-Wheeler Business 34,595 million yen (YoY +22.8%), Four-Wheel Vehicle Business 37,164 million yen (YoY +14.3%), Environmental Energy Business 39 million yen (YoY +55.0%)
Segment profitTwo-Wheeler Business 3,603 million yen (YoY +43.2%), Four-Wheel Vehicle Business 4,082 million yen (YoY +29.6%), Environmental Energy Business -653 million yen
Regional sales6,555 million yen (YoY +12.9%), 31,491 million yen (YoY +17.0%), 32,015 million yen (YoY +21.2%), 1,737 million yen (YoY +10.9%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales265,000 million yen (YoY +1.6%)
Operating profit22,000 million yen (YoY +16.2%)
Ordinary income24,000 million yen (YoY +11.3%)
Net income17,100 million yen (YoY -9.1%)
Profit for the period attributable to owners of the parent17,000 million yen (YoY -9.4%)
Revision to Earnings ForecastRevenue 260,000 million yen → 265,000 million yen（1.9%） / Operating profit 20,000 million yen → 22,000 million yen（10.0%） / Income before taxes 22,000 million yen → 24,000 million yen（9.1%） / Profit for the period attributable to owners of the parent 15,000 million yen → 17,000 million yen（13.3%）
Annual Dividend Forecast194 yen → 180 yen（-7.2%）
Factors Behind Changes in Business Performance
Higher sales of clutches for two-wheelers in India and four-wheelers in the United States, the foreign currency translation effect associated with yen depreciation, and the impact of higher revenue. Operating profit increased despite the effects of higher material costs and U.S. tariffs.
Disclosure regarding the going concern assumption
None (the notes on going concern state that there are 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 consolidationNew 0 companies / Excluded 0 companies / Company name None
Material subsequent eventsThe company acquired 1,000,000 shares of treasury stock and plans to cancel all of the acquired shares on 31 August 2026. Settlement of the tender offer was completed on 2 July 2026, and the total number of issued shares after the cancellation is expected to be 51,056,530.
Depreciation and amortization3,106 million yen
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingNo
Issued Shares at Period-End52,056,530 shares
Treasury Shares at Period-End3,622,040 shares
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | IFRS |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 June 2026 |
| Net Sales | 71,800 million yen (YoY +18.3%) |
| Operating profit | 7,032 million yen (YoY +38.8%) |
| Ordinary income | 7,723 million yen (YoY +41.8%) |
| Profit attributable to owners of the parent | 5,814 million yen (YoY +24.3%) |
| Net income per share | ¥120.06 |
| Operating Margin | 9.8% |
| Equity ratio | End of the current fiscal period 77.6% / End of previous period 77.6% |
| Total assets | 267,589 million yen |
| Net assets | 209,106 million yen |
| Cash flows from operating activities | 6,391 million yen |
| Cash flows from investing activities | -2,296 million yen |
| Cash flows from financing activities | -5,288 million yen |
| Cash and cash equivalents at end of period | 71,000 million yen |
| Full-year earnings forecast | Net Sales 265,000 million yen (YoY +1.6%) / Operating profit 22,000 million yen (YoY +16.2%) / Ordinary income 24,000 million yen (YoY +11.3%) / Net income 17,100 million yen (YoY -9.1%) / Profit for the period attributable to owners of the parent 17,000 million yen (YoY -9.4%) |
| Revision to Earnings Forecast | Revenue 260,000 million yen → 265,000 million yen（1.9%） / Operating profit 20,000 million yen → 22,000 million yen（10.0%） / Income before taxes 22,000 million yen → 24,000 million yen（9.1%） / Profit for the period attributable to owners of the parent 15,000 million yen → 17,000 million yen（13.3%） |
| Annual Dividend Forecast | 194 yen → 180 yen（-7.2%） |
| Segment revenue | Two-Wheeler Business 34,595 million yen (YoY +22.8%), Four-Wheel Vehicle Business 37,164 million yen (YoY +14.3%), Environmental Energy Business 39 million yen (YoY +55.0%) |
| Segment profit | Two-Wheeler Business 3,603 million yen (YoY +43.2%), Four-Wheel Vehicle Business 4,082 million yen (YoY +29.6%), Environmental Energy Business -653 million yen |
| Regional sales | 6,555 million yen (YoY +12.9%), 31,491 million yen (YoY +17.0%), 32,015 million yen (YoY +21.2%), 1,737 million yen (YoY +10.9%) |
| Depreciation and amortization | 3,106 million yen |
| Disclosure regarding the going concern assumption | None (the notes on going concern state that there are 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 | New 0 companies / Excluded 0 companies / Company name None |
| Material subsequent events | The company acquired 1,000,000 shares of treasury stock and plans to cancel all of the acquired shares on 31 August 2026. Settlement of the tender offer was completed on 2 July 2026, and the total number of issued shares after the cancellation is expected to be 51,056,530. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | No |
| Issued Shares at Period-End | 52,056,530 shares |
| Treasury Shares at Period-End | 3,622,040 shares |
| Factors Behind Changes in Business Performance | Higher sales of clutches for two-wheelers in India and four-wheelers in the United States, the foreign currency translation effect associated with yen depreciation, and the impact of higher revenue. Operating profit increased despite the effects of higher material costs and U.S. tariffs. |
Items this document does not state (5)
Payout ratioShareholder Return PolicyOrders received and order backlogImpairment lossBreakdown 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.In the first quarter, revenue increased due to higher sales of clutches for two-wheelers in India and four-wheelers in the United States, as well as the foreign currency translation effect associated with yen depreciation. Operating profit increased as a result of the impact of higher revenue. For the reasons for revising the full-year earnings and dividend forecasts, the company states that readers should refer to the separately published notice regarding the revisions.
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.