Worth reading
48Recurring
Scored from 5 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
-27.8
Year-on-year change in operating profit (%)Wording
Conditional
How definitive the wording is.Results for this period
Third quarter2025年1月1日〜2025年9月30日ConsolidatedJapanese GAAPNet Sales351,020¥ millionYear on year +4.8%Progress 76.3%
Operating profit36,565¥ millionYear on year -27.8%Progress 79.5%
Ordinary income30,248¥ millionYear on year -48.1%Progress 61.4%
Net income attributable to owners of the parent16,105¥ millionYear on year -61.0%
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 share183.16円
Financial position at period-end
Total assets897,224¥ million
of which net assets 825,584 ¥ millionEquity ratio 91.9%vs. prior year-end -0.1pt
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.
Segment revenueBicycle components ¥266,243 million (YoY +4.9%), Fishing tackle ¥84,435 million (YoY +4.6%), Other ¥342 million (YoY +4.5%)
Segment profitBicycle components ¥30,161 million (YoY -27.0%), Fishing tackle ¥6,409 million (YoY -31.2%), Other ¥-6 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥460,000 million (YoY +2.0%)
Operating profit¥46,000 million (YoY -29.3%)
Ordinary income¥49,300 million (YoY -50.0%)
Profit attributable to owners of the parent¥30,500 million (YoY -60.0%)
Annual Dividend Forecast¥309 → ¥339
Factors Behind Changes in Business Performance
自転車・釣具への関心が継続し、各地域で市場在庫の調整が進展した。新製品への高い評価や販売の堅調さにより売上高は増加した一方、為替評価損等により経常利益が減少した。
Disclosure regarding the going concern assumption
Not applicable.
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 No
Changes in the scope of consolidationWhether applicable No / New 0 companies (company name: not applicable) / Excluded 0 companies (company name: not applicable)
Breakdown of extraordinary income (loss)Extraordinary income Not disclosed / Extraordinary loss Costs related to rebuilding a factory ¥141 million
Depreciation and amortization¥19,742 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingNone (対象者：Not applicable)
Issued Shares at Period-End87,710,000株
Treasury Shares at Period-End786,606株
| Item | Details |
|---|---|
| Fiscal Period Classification | Third quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 2025年1月1日〜2025年9月30日 |
| Net Sales | ¥351,020 million (YoY +4.8%) |
| Operating profit | ¥36,565 million (YoY -27.8%) |
| Ordinary income | ¥30,248 million (YoY -48.1%) |
| Profit attributable to owners of the parent | ¥16,105 million (YoY -61.0%) |
| Net income per share | 183.16円 |
| Equity ratio | End of the current fiscal period 91.9 / End of previous period 92 |
| Total assets | ¥897,224 million |
| Net assets | ¥825,584 million |
| Full-year earnings forecast | Net Sales ¥460,000 million (YoY +2.0%) / Operating profit ¥46,000 million (YoY -29.3%) / Ordinary income ¥49,300 million (YoY -50.0%) / Profit attributable to owners of the parent ¥30,500 million (YoY -60.0%) |
| Annual Dividend Forecast | ¥309 → ¥339 |
| Segment revenue | Bicycle components ¥266,243 million (YoY +4.9%), Fishing tackle ¥84,435 million (YoY +4.6%), Other ¥342 million (YoY +4.5%) |
| Segment profit | Bicycle components ¥30,161 million (YoY -27.0%), Fishing tackle ¥6,409 million (YoY -31.2%), Other ¥-6 million |
| Depreciation and amortization | ¥19,742 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Not disclosed / Extraordinary loss Costs related to rebuilding a factory ¥141 million |
| Disclosure regarding the going concern assumption | Not applicable. |
| Change in accounting policy | Changes due to revisions to standards Yes / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | Whether applicable No / New 0 companies (company name: not applicable) / Excluded 0 companies (company name: not applicable) |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | None (対象者：Not applicable) |
| Issued Shares at Period-End | 87,710,000株 |
| Treasury Shares at Period-End | 786,606株 |
| Factors Behind Changes in Business Performance | 自転車・釣具への関心が継続し、各地域で市場在庫の調整が進展した。新製品への高い評価や販売の堅調さにより売上高は増加した一方、為替評価損等により経常利益が減少した。 |
Items this document does not state (12)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodRevision to Earnings ForecastPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogImpairment lossMaterial 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.各国の通商政策の変化や国際紛争の長期化による地政学リスク、米国の関税引き上げに起因する物価上昇や消費者マインドの冷え込み、中国の不動産不況・個人消費低迷などの市場環境が示されている。また、経常利益の減少については為替評価損等によるものとしている。
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.