Worth reading
73In focus
Scored from 5 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
9.7
Year-on-year change in operating profit (%)Wording
Conditional
How definitive the wording is.Contents of this document
Financial results presentationSecond quarter of the fiscal year ending August 202610 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥7,861 million+0.2%
Operating profit¥1,381 million-9.7%
Ordinary income¥1,475 million-4.4%
Net income¥1,014 million-5.4%
Selling, general and administrative expenses¥1,717 million
Gross Profit Margin
Rate39.4
Year-on-year change (points)-0.4
Operating profit margin
Rate17.6
Year-on-year change (points)-1.5
Results for the three months of the current quarter
Net Sales
¥5,388 million
Operating profit
¥1,330 million
Ordinary income
¥1,450 million
Net income
¥1,004 million
Full-year earnings forecast
Net Sales
¥18,000 million
Gross profit
¥7,262 million
Selling, general and administrative expenses
¥3,237 million
Operating profit
¥4,025 million
Ordinary income
¥4,200 million
Net income
¥2,900 million
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Factors related to revenue¥402 million
Factors related to profit margins¥-72 million
Cost exchange rate¥43 million
Overseas production ratio¥-40 million
Processing fees¥-53 million
Raw Materials¥-110 million
Overseas logistics costs¥-15 million
Price revisions and other factors¥-20 million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Exchange rate¥145/USD (assumptions for FY2027 and FY2028)
New initiatives
- Implement price revisions
- Direct entry into the Chinese market
- Expand sales of reusable products and comper packs
- Increase the overseas production ratio
- Introducing Electricity from Renewable Energy Sources
- Develop reusable products in collaboration with employment-support facilities for people with disabilities
Key KPIsA metric the company considers important as a management benchmark.
- Core market revenue¥5,607 millionYear on year against the same period last year+1.4%
- Peripheral market revenue¥2,142 millionYear on year against the same period last year-4.0%
- Overseas market revenue¥110 millionYear on year against the same period last year+35.0%
- Overseas production ratio56.5 %Year on year against the same period last year+1.5%
Medium-term management plan targets
Revenue for the fiscal year ending August 2028¥19,500 million
Operating profit for the fiscal year ending August 2028¥4,700 million
Financial targets
Equity ratio92.5 %
ROE6.1 %
StandardFiscal year ended August 2025
Market Size / Share
Domestic market shareOver 60%
Revenue mix for the fiscal year ending August 2028
Core market68 %
Peripheral market29 %
Overseas Markets3 %
Capital expenditures
¥844 million full-year forecast
Payout ratio
50 %
PolicyBasic policy of maintaining a payout ratio of at least 50% on a non-consolidated basis
Acquisition of treasury shares
Buyback limit600,000 shares and ¥1 billion
Period13 November–26 December 2025
Actual purchases82,500 shares and ¥990 million
| Item | Details |
|---|---|
| Document type | Financial results presentation |
| Fiscal Period Covered | Second quarter of the fiscal year ending August 2026 |
| Net Sales | ¥7,861 million (YoY +0.2%) |
| Operating profit | ¥1,381 million (YoY -9.7%) |
| Ordinary income | ¥1,475 million (YoY -4.4%) |
| Net income | ¥1,014 million (YoY -5.4%) |
| Gross Profit Margin | Rate 39.4 / Year-on-year change (points) -0.4 |
| Operating profit margin | Rate 17.6 / Year-on-year change (points) -1.5 |
| Selling, general and administrative expenses | ¥1,717 million |
| Results for the three months of the current quarter | Net Sales ¥5,388 million / Operating profit ¥1,330 million / Ordinary income ¥1,450 million / Net income ¥1,004 million |
| Full-year earnings forecast | Net Sales ¥18,000 million / Gross profit ¥7,262 million / Selling, general and administrative expenses ¥3,237 million / Operating profit ¥4,025 million / Ordinary income ¥4,200 million / Net income ¥2,900 million |
| Breakdown of Factors Affecting the Change | Factors related to revenue ¥402 million / Factors related to profit margins ¥-72 million / Cost exchange rate ¥43 million / Overseas production ratio ¥-40 million / Processing fees ¥-53 million / Raw Materials ¥-110 million / Overseas logistics costs ¥-15 million / Price revisions and other factors ¥-20 million |
| Key KPIs | Indicator name Core market revenue / Value ¥5,607 million / Year on year against the same period last year ¥1.4 million, Indicator name Peripheral market revenue / Value ¥2,142 million / Year on year against the same period last year ¥-4 million, Indicator name Overseas market revenue / Value ¥110 million / Year on year against the same period last year ¥35 million, Indicator name Overseas production ratio / Value 56.5 % / Year on year against the same period last year 1.5 % |
| Assumptions Underlying the Business Outlook | Exchange rate ¥145/USD (assumptions for FY2027 and FY2028) |
| Medium-term management plan targets | Revenue for the fiscal year ending August 2028 ¥19,500 million / Operating profit for the fiscal year ending August 2028 ¥4,700 million |
| Financial targets | Equity ratio 92.5 % / ROE 6.1 % / Standard Fiscal year ended August 2025 |
| Payout ratio | Value 50 % / Policy Basic policy of maintaining a payout ratio of at least 50% on a non-consolidated basis |
| Acquisition of treasury shares | Buyback limit 600,000 shares and ¥1 billion / Period 13 November–26 December 2025 / Actual purchases 82,500 shares and ¥990 million |
| Capital expenditures | ¥844 million (full-year forecast) |
| Market Size / Share | Domestic market share Over 60% / Revenue mix for the fiscal year ending August 2028 Core market 68 % / Peripheral market 29 % / Overseas Markets 3 % |
| New initiatives | Implement price revisions, Direct entry into the Chinese market, Expand sales of reusable products and comper packs, Increase the overseas production ratio, Introducing Electricity from Renewable Energy Sources, Develop reusable products in collaboration with employment-support facilities for people with disabilities |
Items this document does not state (10)
Progress against full-year forecastSelf-assessment against the planSegment resultsUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookAnnual DividendOrders received and order backlogKey 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.The company said that, in the first half, revenue in its core market recovered in the second quarter through orders for replacement projects after declining in the first quarter due to a lack of large-scale projects. In peripheral markets, however, revenue declined as it remained difficult to win new projects for patient apparel. On the profit side, the company cited higher costs for raw materials, labor and overseas logistics, as well as the impact of foreign exchange movements.
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.