Worth reading
69In focus
Scored from 4 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
9.8
Percentage increase in the full-year net sales forecast from the previous forecast (%)Wording
Conditional
How definitive the wording is.Contents of this document
Presentation materials for financial resultsFirst quarter of the fiscal year ending March 20278 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥21,934 million+28.6%
Operating profit¥1,378 million+257.7%
Ordinary income¥1,476 million+210.7%
Net income¥1,017 million+250.1%
Gross Profit Margin16.4 %
Operating profit margin6.3 %
Results for the three months of the current quarter
Net Sales
¥21,934 million
Gross profit
¥3,599 million
Operating profit
¥1,378 million
Ordinary income
¥1,476 million
Profit attributable to owners of parent for the quarter
¥1,017 million
Full-year earnings forecast
Net Sales
¥92,200 million
Operating profit
¥5,060 million
Ordinary income
¥5,190 million
Inventory impact
¥669 million
Ordinary profit excluding inventory impact
¥4,521 million
Profit attributable to owners of the parent
¥3,590 million
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Net Sales
Increase in standard inventory product prices
¥997 million
Increase in standard inventory product volume, etc.
¥2,087 million
Increase in custom-made product prices
¥828 million
Increase in custom-made product volume, etc.
¥867 million
Subsidiaries and consolidation adjustments
¥97 million
Ordinary income
Standard inventory products, etc. (non-consolidated)
¥1,033 million
Custom-made products (non-consolidated)
¥-375 million
Manufacturing expenses (non-consolidated)
¥-264 million
Selling, general and administrative expenses (non-consolidated)
¥-82 million
Non-operating income and expenses (non-consolidated)
¥228 million
Subsidiaries and consolidation adjustments
¥216 million
Change in inventory impact
¥245 million
New initiatives
- Renewal of the 白銅 online service interface and addition of new features
- Establishment of a sales structure that consolidates semiconductor-related customers under a specialist department
- Preparation to introduce an e-commerce package at an investee in Vietnam
- Signing an agreement with 1 sales partner in India and beginning market research
- Strengthening the import function for aerospace-standard materials manufactured overseas through collaboration with WCAS
Key KPIsA metric the company considers important as a management benchmark.
- Domestic sales mix for the semiconductor and flat-panel display manufacturing equipment industry46.4 %
- Overseas revenue ratio20.2 %
- Number of companies using the 白銅 online service15,000 companies
- Number of registered users of the 白銅 online service31,000 People
- Number of items in 白銅's standard inventory available through the online service5,800 Items
- Number of items in other companies' inventory available through the online service296,000 Items
Unit price and quantity metricsThese figures show sales broken down by price and volume.
白銅 standard inventory product sales volume (non-consolidated)
21.6 % increase
白銅 standard inventory product prices (non-consolidated)
8.6 % increase
Segment results
Japan
Net Sales
¥19,321 million
Operating profit
¥1,213 million
Ordinary income
¥1,270 million
Profit attributable to owners of parent for the quarter
¥840 million
North America
Net Sales
¥1,358 million
Operating profit
¥51 million
Ordinary income
¥82 million
Profit attributable to owners of parent for the quarter
¥81 million
Year on year against the same period last yearTurned profitable
China
Net Sales
¥667 million
Operating profit
¥54 million
Ordinary income
¥63 million
Profit attributable to owners of parent for the quarter
¥47 million
Year on year against the same period last yearHigher net sales and profit
Other (Thailand)
Net Sales
¥587 million
Operating profit
¥59 million
Ordinary income
¥59 million
Profit attributable to owners of parent for the quarter
¥47 million
Year on year against the same period last yearHigher net sales and ordinary profit
Market Size / Share
Sales value of semiconductor manufacturing equipment made in JapanShown in graph (specific figure Not disclosed)
Machine-tool orders received
Domestic demand vs. the year-earlier first-quarter period42.4 %
External demand vs. the year-earlier first-quarter period46.3 %
Annual Dividend
Annual
¥143 per share
Interim
¥75 per share
End of period
¥68 per share
Payout ratio
45.1 %
| Item | Details |
|---|---|
| Document type | Presentation materials for financial results |
| Fiscal Period Covered | First quarter of the fiscal year ending March 2027 |
| Net Sales | ¥21,934 million (YoY +28.6%) |
| Operating profit | ¥1,378 million (YoY +257.7%) |
| Ordinary income | ¥1,476 million (YoY +210.7%) |
| Net income | ¥1,017 million (YoY +250.1%) |
| Gross Profit Margin | 16.4 % |
| Operating profit margin | 6.3 % |
| Results for the three months of the current quarter | Net Sales ¥21,934 million / Gross profit ¥3,599 million / Operating profit ¥1,378 million / Ordinary income ¥1,476 million / Profit attributable to owners of parent for the quarter ¥1,017 million |
| Full-year earnings forecast | Net Sales ¥92,200 million / Operating profit ¥5,060 million / Ordinary income ¥5,190 million / Inventory impact ¥669 million / Ordinary profit excluding inventory impact ¥4,521 million / Profit attributable to owners of the parent ¥3,590 million |
| Segment results | Japan Net Sales ¥19,321 million / Operating profit ¥1,213 million / Ordinary income ¥1,270 million / Profit attributable to owners of parent for the quarter ¥840 million / Year on year against the same period last year Not disclosed / North America Net Sales ¥1,358 million / Operating profit ¥51 million / Ordinary income ¥82 million / Profit attributable to owners of parent for the quarter ¥81 million / Year on year against the same period last year Turned profitable / China Net Sales ¥667 million / Operating profit ¥54 million / Ordinary income ¥63 million / Profit attributable to owners of parent for the quarter ¥47 million / Year on year against the same period last year Higher net sales and profit / Other (Thailand) Net Sales ¥587 million / Operating profit ¥59 million / Ordinary income ¥59 million / Profit attributable to owners of parent for the quarter ¥47 million / Year on year against the same period last year Higher net sales and ordinary profit |
| Breakdown of Factors Affecting the Change | Net Sales Increase in standard inventory product prices ¥997 million / Increase in standard inventory product volume, etc. ¥2,087 million / Increase in custom-made product prices ¥828 million / Increase in custom-made product volume, etc. ¥867 million / Subsidiaries and consolidation adjustments ¥97 million / Ordinary income Standard inventory products, etc. (non-consolidated) ¥1,033 million / Custom-made products (non-consolidated) ¥-375 million / Manufacturing expenses (non-consolidated) ¥-264 million / Selling, general and administrative expenses (non-consolidated) ¥-82 million / Non-operating income and expenses (non-consolidated) ¥228 million / Subsidiaries and consolidation adjustments ¥216 million / Change in inventory impact ¥245 million |
| Key KPIs | Indicator name Domestic sales mix for the semiconductor and flat-panel display manufacturing equipment industry / Value 46.4 % / Year on year against the same period last year Not disclosed, Indicator name Overseas revenue ratio / Value 20.2 % / Year on year against the same period last year Not disclosed, Indicator name Number of companies using the 白銅 online service / Value 15,000 companies / Year on year against the same period last year Not disclosed, Indicator name Number of registered users of the 白銅 online service / Value 31,000 People / Year on year against the same period last year Not disclosed, Indicator name Number of items in 白銅's standard inventory available through the online service / Value 5,800 Items / Year on year against the same period last year Not disclosed, Indicator name Number of items in other companies' inventory available through the online service / Value 296,000 Items / Year on year against the same period last year Not disclosed |
| Unit price and quantity metrics | 白銅 standard inventory product sales volume (non-consolidated) 21.6 % increase / 白銅 standard inventory product prices (non-consolidated) 8.6 % increase |
| Annual Dividend | Annual ¥143 per share / Interim ¥75 per share / End of period ¥68 per share |
| Payout ratio | 45.1 % |
| Market Size / Share | Sales value of semiconductor manufacturing equipment made in Japan Shown in graph (specific figure Not disclosed) / Machine-tool orders received Domestic demand vs. the year-earlier first-quarter period 42.4 % / External demand vs. the year-earlier first-quarter period 46.3 % |
| New initiatives | Renewal of the 白銅 online service interface and addition of new features, Establishment of a sales structure that consolidates semiconductor-related customers under a specialist department, Preparation to introduce an e-commerce package at an investee in Vietnam, Signing an agreement with 1 sales partner in India and beginning market research, Strengthening the import function for aerospace-standard materials manufactured overseas through collaboration with WCAS |
Items this document does not state (13)
Selling, general and administrative expensesProgress against full-year forecastSelf-assessment against the planNumber of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsAcquisition of treasury sharesCapital expendituresOrders 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.Global growth in demand for semiconductors used in generative AI improved demand from the semiconductor manufacturing equipment industry, increasing sales volumes of standard inventory products and custom-made products. The company also cited efforts to strengthen sales of aluminum and stainless-steel sheets, the establishment of a specialist organization serving the semiconductor industry, the expansion of its overseas sales network, higher product prices due to rising raw material market prices, and the effect of price revisions for small-lot orders implemented in the previous fiscal year. The full-year forecast was raised because the increase in semiconductor demand exceeded the assumptions at the beginning of the fiscal year and demand is expected to remain firm, taking current raw material market prices into account.
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.