Worth reading
62In focus
Scored from 5 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
4865
¥ million (operating profit for the fiscal year ending March 2026)Wording
Conditional
How definitive the wording is.Contents of this document
Supplementary materials to the earnings reportFiscal year ending March 2026 (full year)7 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥124,191 million+107.1%
Operating profit¥4,865 million+107.4%
Ordinary income¥5,238 million+108.2%
Net income¥3,764 million+108.6%
Operating profit margin3.9 %
Selling, general and administrative expenses¥19,883 million
Gross Profit Marginnot disclosed (gross profit was 107.4% of the year-earlier level)
Results for the three months of the current quarterQuarterly revenue trends, including revenue and year-on-year changes for each quarter from FY2021 through FY2025
Full-year earnings forecast
Net Sales
¥135,000 million
Operating profit
¥5,100 million
Ordinary income
¥5,450 million
Net income
¥4,000 million
Earnings per share
¥204.18
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Results exceeded the initial plan for every itemBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Gross margin¥1,708 million
- Personnel expenses¥-854 million
- Freight and packing expenses¥-194 million
- Property rent¥-38 million
- Depreciation¥-36 million
- Other¥-251 million
New initiatives
- Acquisition of a western Japan sales office in Hirakata, Osaka (capital investment of ¥3,201 million; scheduled to begin operations in January 2027)
- Monetization of non-operating assets, including the sale of real estate after relocating existing locations, and use of the proceeds for growth investments
- Initiatives to increase free-float market capitalization in order to remain included in TOPIX
Financial targets
Actual ROE: 9.15% for the fiscal year ending March 2026 and 9.04% for the fiscal year ending March 2025. Numerical targets were not disclosedNumber of stores and locations
Five sales offices in western Japan and 49 locations in eastern Japan; the number of locations opened or closed during the period was not disclosedCapital expenditures
¥3,201 million
Annual Dividend
FY2025
¥116
Fiscal 2026
¥120
BreakdownFY2025 includes a ¥60 commemorative dividend marking the company's 60th anniversary. FY2026 consists solely of the regular dividend
| Item | Details |
|---|---|
| Document type | Supplementary materials to the earnings report |
| Fiscal Period Covered | Fiscal year ending March 2026 (full year) |
| Net Sales | ¥124,191 million (YoY +107.1%) |
| Operating profit | ¥4,865 million (YoY +107.4%) |
| Ordinary income | ¥5,238 million (YoY +108.2%) |
| Net income | ¥3,764 million (YoY +108.6%) |
| Gross Profit Margin | not disclosed (gross profit was 107.4% of the year-earlier level) |
| Operating profit margin | 3.9 % |
| Selling, general and administrative expenses | ¥19,883 million |
| Results for the three months of the current quarter | Quarterly revenue trends, including revenue and year-on-year changes for each quarter from FY2021 through FY2025 |
| Full-year earnings forecast | Net Sales ¥135,000 million / Operating profit ¥5,100 million / Ordinary income ¥5,450 million / Net income ¥4,000 million / Earnings per share ¥204.18 |
| Self-assessment against the plan | Results exceeded the initial plan for every item |
| Breakdown of Factors Affecting the Change | Factors Gross margin / Amount ¥1,708 million, Factors Personnel expenses / Amount ¥-854 million, Factors Freight and packing expenses / Amount ¥-194 million, Factors Property rent / Amount ¥-38 million, Factors Depreciation / Amount ¥-36 million, Factors Other / Amount ¥-251 million |
| Number of stores and locations | Five sales offices in western Japan and 49 locations in eastern Japan; the number of locations opened or closed during the period was not disclosed |
| Financial targets | Actual ROE: 9.15% for the fiscal year ending March 2026 and 9.04% for the fiscal year ending March 2025. Numerical targets were not disclosed |
| Annual Dividend | FY2025 ¥116 / Fiscal 2026 ¥120 / Breakdown FY2025 includes a ¥60 commemorative dividend marking the company's 60th anniversary. FY2026 consists solely of the regular dividend |
| Capital expenditures | ¥3,201 million |
| New initiatives | Acquisition of a western Japan sales office in Hirakata, Osaka (capital investment of ¥3,201 million; scheduled to begin operations in January 2027), Monetization of non-operating assets, including the sale of real estate after relocating existing locations, and use of the proceeds for growth investments, Initiatives to increase free-float market capitalization in order to remain included in TOPIX |
Items this document does not state (13)
Progress against full-year forecastSegment resultsKey KPIsUnit price and quantity metricsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan targetsPayout ratioAcquisition of treasury sharesOrders 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.Expanded business through the opening of new locations and other initiatives, price revisions, and higher gross profit from value-added proposals contributed to higher revenue and profits. Despite increases in personnel investment and logistics costs, the company controlled selling, general and administrative expenses.
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.