Worth reading
53Recurring
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
2309
¥ million (year-on-year change in interim-period net sales)Wording
Conditional
How definitive the wording is.Contents of this document
Earnings presentation materialsFiscal year ending March 2027, second quarter (first half)10 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥19,219 million+13.7%
Operating profit¥1,550 million+27.7%
Ordinary income¥1,675 million+29.2%
Net income¥1,216 million +49.3%interim net income attributable to owners of the parent
Full-year earnings forecast
Net Sales
¥40,000 million
Operating profit
¥3,000 million
Ordinary income
¥3,200 million
Profit attributable to owners of the parent
¥2,250 million
Earnings per share
¥183.73
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Progressing steadily toward achieving the earnings forecastBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Construction Machinery Business205
Industrial Equipment Business282
Crushed stone business20
Increase in gross profit508
Increase in personnel expenses-88
Increase in other expenses-83
New initiatives
- Strengthening orders and sales expansion for products targeting next-generation semiconductors and communications technologies
- Joint development and collaboration with partner manufacturers and venture companies
- Strengthening expansion in ASEAN and coordination with the Vietnamese subsidiary
- Reopening the Kitakyushu Branch and strengthening the sales structure in the Construction Machinery business
- Expanding the business scope through M&A and developing talent across the group
Segment results
Construction Machinery Business
Net Sales
¥7,372 million+7.8%
Operating profit
¥1,128 million+15.2%
Industrial Equipment Business
Net Sales
¥11,581 million+17.4%
Operating profit
¥853 million+35.1%
Crushed stone business
Net Sales
¥264 million+28.6%
Operating profit
¥-2 million
Medium-term management plan targets
Net Sales
Fiscal year ending March 2028¥45,000 million
Operating profit
Fiscal year ending March 2028¥3,350 million
Ordinary income
Fiscal year ending March 2028¥3,500 million
Net income for the current fiscal year
Fiscal year ending March 2028¥2,250 million
ROE
Fiscal year ending March 20288 %
ROA
Fiscal year ending March 20287.7 %
Payout ratio
Fiscal year ending March 202835.4 %
Financial targets
Equity ratio
Second-quarter actuals for the fiscal year ending March 202768.1 %
ROE
Forecast for the fiscal year ending March 20278 %
ROA
Forecast for the fiscal year ending March 20277.5 %
Number of stores and locations
Number of rental locations20
Number of employees
Consolidated521
Non-consolidated158
Construction Equipment Maintenance Technician59
Annual Dividend
Forecast for the fiscal year ending March 2027
¥65 /share
Interim Dividend
¥10 /share
Year-end dividend
¥55 /share
Payout ratio
35.4 %
| Item | Details |
|---|---|
| Document type | Earnings presentation materials |
| Fiscal Period Covered | Fiscal year ending March 2027, second quarter (first half) |
| Net Sales | ¥19,219 million (YoY +13.7%) |
| Operating profit | ¥1,550 million (YoY +27.7%) |
| Ordinary income | ¥1,675 million (YoY +29.2%) |
| Net income | ¥1,216 million (interim net income attributable to owners of the parent) (YoY +49.3%) |
| Full-year earnings forecast | Net Sales ¥40,000 million / Operating profit ¥3,000 million / Ordinary income ¥3,200 million / Profit attributable to owners of the parent ¥2,250 million / Earnings per share ¥183.73 |
| Self-assessment against the plan | Progressing steadily toward achieving the earnings forecast |
| Segment results | Construction Machinery Business Net Sales ¥7,372 million (YoY +7.8%) / Operating profit ¥1,128 million (YoY +15.2%) / Industrial Equipment Business Net Sales ¥11,581 million (YoY +17.4%) / Operating profit ¥853 million (YoY +35.1%) / Crushed stone business Net Sales ¥264 million (YoY +28.6%) / Operating profit ¥-2 million |
| Breakdown of Factors Affecting the Change | Construction Machinery Business 205 / Industrial Equipment Business 282 / Crushed stone business 20 / Increase in gross profit 508 / Increase in personnel expenses -88 / Increase in other expenses -83 |
| Number of stores and locations | Number of rental locations 20 / Number of store openings and closures during the period Not disclosed |
| Number of employees | Consolidated 521 / Non-consolidated 158 / Construction Equipment Maintenance Technician 59 / Changes during the period and hiring plan Not disclosed |
| Medium-term management plan targets | Net Sales Fiscal year ending March 2028 ¥45,000 million / Operating profit Fiscal year ending March 2028 ¥3,350 million / Ordinary income Fiscal year ending March 2028 ¥3,500 million / Net income for the current fiscal year Fiscal year ending March 2028 ¥2,250 million / ROE Fiscal year ending March 2028 8 % / ROA Fiscal year ending March 2028 7.7 % / Payout ratio Fiscal year ending March 2028 35.4 % |
| Financial targets | Equity ratio Second-quarter actuals for the fiscal year ending March 2027 68.1 % / ROE Forecast for the fiscal year ending March 2027 8 % / ROA Forecast for the fiscal year ending March 2027 7.5 % |
| Annual Dividend | Forecast for the fiscal year ending March 2027 ¥65 /share / Interim Dividend ¥10 /share / Year-end dividend ¥55 /share |
| Payout ratio | 35.4 % |
| New initiatives | Strengthening orders and sales expansion for products targeting next-generation semiconductors and communications technologies, Joint development and collaboration with partner manufacturers and venture companies, Strengthening expansion in ASEAN and coordination with the Vietnamese subsidiary, Reopening the Kitakyushu Branch and strengthening the sales structure in the Construction Machinery business, Expanding the business scope through M&A and developing talent across the group |
Items this document does not state (14)
Gross Profit MarginOperating profit marginSelling, general and administrative expensesResults for the three months of the current quarterProgress against full-year forecastKey KPIsUnit price and quantity metricsAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookAcquisition 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.In the Construction Machinery business, increased demand for public- and private-sector construction projects, and in the Industrial Equipment business, a recovery in capital investment demand and strengthened consultative sales contributed to higher sales and profits. The increase in gross profit was the main factor behind the rise in operating profit, while personnel expenses and other expenses also increased.
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.