Worth reading
53Recurring
Scored from 5 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
19.3
% (year-on-year increase in operating profit)Wording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)1 April 2026–30 September 2026ConsolidatedJapanese GAAPNet Sales39,318¥ millionYear on year +7.9%Progress 49.1%
Operating profit2,158¥ millionYear on year +19.3%Progress 58.3%
Ordinary income2,300¥ millionYear on year +17.8%Progress 59.0%
Net income attributable to owners of the parent1,206¥ millionYear on year -8.7%Progress 44.2%
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¥59.74
Financial position at period-end
Total assets47,606¥ million
of which net assets 30,349 ¥ millionEquity ratio 63.4%vs. prior year-end +2.4pt
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 revenueDomestic Sales Division ¥16,974 million (YoY +8.5%), Overseas Sales Division ¥14,394 million (YoY +7.2%), Industrial Equipment Sales Division ¥4,106 million (YoY +6.0%), CUSPA Sales Division ¥3,842 million (YoY +9.6%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥80,000 million (YoY +6.3%)
Operating profit¥3,700 million (YoY +3.1%)
Ordinary income¥3,900 million (YoY +0.3%)
Net income¥2,730 million (YoY +1.4%)
Annual Dividend Forecast¥113 → ¥41
Factors Behind Changes in Business Performance
Demand for automotive aftermarket repair parts remained firm both in Japan and overseas, and prices were revised for certain products. Interim net income decreased due to the recognition of a ¥308 million valuation loss on shares of affiliated companies.
Disclosure regarding the going concern assumption
Not applicable.
Change in accounting policy
基準改正に伴う変更 Noneそれ以外の変更 None見積りの変更 None修正再表示 None
Changes in the scope of consolidationNew 0 companies / Excluded 0 companies / Company name None
Material subsequent eventsOn 1 October 2026, the Company acquired all shares of 福田部品株式会社, making it a subsidiary. The voting rights ratio after the acquisition is 100.00%, and the acquisition cost is ¥4,080 million.
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥10 million, Gain on sale of investment securities ¥3 million / Extraordinary loss Loss on disposal and sale of non-current assets ¥44 million, Impairment Losses on Shares of Affiliates ¥308 million
Availability of Supplementary Financial Results MaterialsAvailable
Availability of Financial Results BriefingNone
Issued Shares at Period-End20,907,600
Treasury Shares at Period-End702,609
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026–30 September 2026 |
| Net Sales | ¥39,318 million (YoY +7.9%) |
| Operating profit | ¥2,158 million (YoY +19.3%) |
| Ordinary income | ¥2,300 million (YoY +17.8%) |
| Profit attributable to owners of the parent | ¥1,206 million (YoY -8.7%) |
| Net income per share | ¥59.74 |
| Equity ratio | End of the current fiscal period 63.4 / End of previous period 61 |
| Total assets | ¥47,606 million |
| Net assets | ¥30,349 million |
| Full-year earnings forecast | Net Sales ¥80,000 million (YoY +6.3%) / Operating profit ¥3,700 million (YoY +3.1%) / Ordinary income ¥3,900 million (YoY +0.3%) / Net income ¥2,730 million (YoY +1.4%) |
| Annual Dividend Forecast | ¥113 → ¥41 |
| Segment revenue | Domestic Sales Division ¥16,974 million (YoY +8.5%), Overseas Sales Division ¥14,394 million (YoY +7.2%), Industrial Equipment Sales Division ¥4,106 million (YoY +6.0%), CUSPA Sales Division ¥3,842 million (YoY +9.6%) |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥10 million, Gain on sale of investment securities ¥3 million / Extraordinary loss Loss on disposal and sale of non-current assets ¥44 million, Impairment Losses on Shares of Affiliates ¥308 million |
| Disclosure regarding the going concern assumption | Not applicable. |
| Change in accounting policy | Changes due to revisions to standards None / Other changes None / Change in accounting estimate None / Restatement None |
| Changes in the scope of consolidation | New 0 companies / Excluded 0 companies / Company name None |
| Material subsequent events | On 1 October 2026, the Company acquired all shares of 福田部品株式会社, making it a subsidiary. The voting rights ratio after the acquisition is 100.00%, and the acquisition cost is ¥4,080 million. |
| Availability of Supplementary Financial Results Materials | Available |
| Availability of Financial Results Briefing | None |
| Issued Shares at Period-End | 20,907,600 |
| Treasury Shares at Period-End | 702,609 |
| Factors Behind Changes in Business Performance | Demand for automotive aftermarket repair parts remained firm both in Japan and overseas, and prices were revised for certain products. Interim net income decreased due to the recognition of a ¥308 million valuation loss on shares of affiliated companies. |
Items this document does not state (13)
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 PolicySegment profitRegional salesOrders received and order backlogDepreciation and amortizationImpairment 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.Demand for aftermarket repair parts, supported by the number of vehicles in operation in the market, remained firm in Japan and overseas. Net sales and operating income increased as the Company also revised prices for certain products in response to higher crude oil prices and surging transportation costs. However, interim net income attributable to owners of the parent decreased due to the recognition of a ¥308 million valuation loss on shares of affiliated companies.
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.