Worth reading
53Recurring
Scored from 5 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
255
¥ million (year-on-year increase in net sales)Wording
Conditional
How definitive the wording is.Contents of this document
Financial Results PresentationFiscal year ending May 20267 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales21,983 Millions of yen+1.2%
Operating profit1,265 Millions of yen+8.0%
Ordinary income1,303 Millions of yen+9.1%
Net income915 Millions of yen+12.1%
Gross Profit Margin
Rate14.9%
Year on year against the same period last year+0.6 percentage points
Operating profit margin
Rate5.8%
Year on year against the same period last year+0.4 percentage points
Full-year earnings forecast
Fiscal Period CoveredFiscal year ending May 2027
Net Sales
22,500 Millions of yen
Gross profit
3,360 Millions of yen
Operating profit
1,373 Millions of yen
Ordinary income
1,426 Millions of yen
Net income
950 Millions of yen
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Above planBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Expansion in the scale of indoor power supply equipment projects in the Shikoku and Kyushu blocks339 Millions of yen
- Expansion in the scale of outdoor communications equipment projects in the Shikoku and Kyushu blocks55 Millions of yen
- Expansion in the scale of solar power generation equipment projects in the Shikoku and Kyushu blocks40 Millions of yen
- Increase in routine transactions in the Shikoku and Kyushu blocks69 Millions of yen
- Reduction in the scale of expressway equipment projects in the Shikoku and Kyushu blocks-157 Millions of yen
- Expansion in the scale of indoor communications equipment projects in the eastern Japan block596 Millions of yen
- Expansion in the scale of outdoor communications equipment projects in the eastern Japan block185 Millions of yen
- Expansion in the scale of disaster-prevention administrative radio system projects in the eastern Japan block91 Millions of yen
- Increase in routine transactions in the eastern Japan block113 Millions of yen
- Reduction in the scale of solar power generation equipment projects in the eastern Japan block-320 Millions of yen
- Reduction in the scale of police communications equipment projects in the eastern Japan block-298 Millions of yen
- Reduction in the scale of expressway equipment projects in the western Japan block-124 Millions of yen
- Increase in Selling, General and Administrative ExpensesDetailsIncrease in personnel expenses due to special bonuses for employees and special incentives for employee stock ownership plan members
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
- Copper PricesFigures145% six-month increase
- Time lag before passing through price increasesFiguresApproximately six months to one year
New initiatives
- Plan to construct and relocate the Okinawa Sales Office to a new building
- Strengthening efforts to secure orders for FTTH, CATV headend equipment, communications equipment for CATV subscribers and disaster-prevention radio system replacement projects
- Strengthening the sales structure and logistics network
- Payment of a special incentive of ¥100,000 per employee stock ownership plan member
Key KPIsA metric the company considers important as a management benchmark.
- Revenue of the Tokyo Sales Office (index, FY ending May 2023 = 100)153 IndexYear on year against the same period last yearIncreased from the fiscal year ended May 2025
- Target household coverage rate for fiber-optic networks99.9%
- Target 5G population coverage rate (at the end of fiscal 2025)97%
- Target number of regional data center sitesA dozen or more locations nationwide
Annual Dividend
Fiscal year ending May 2026
Annual¥70
Fiscal year ending May 2027
Annual¥72
Payout ratio
Fiscal year ending May 202640.8%
Fiscal year ending May 202740.4%
| Item | Details |
|---|---|
| Document type | Financial Results Presentation |
| Fiscal Period Covered | Fiscal year ending May 2026 |
| Net Sales | 21,983 Millions of yen (YoY +1.2%) |
| Operating profit | 1,265 Millions of yen (YoY +8.0%) |
| Ordinary income | 1,303 Millions of yen (YoY +9.1%) |
| Net income | 915 Millions of yen (YoY +12.1%) |
| Gross Profit Margin | Rate 14.9% / Year on year against the same period last year +0.6 percentage points |
| Operating profit margin | Rate 5.8% / Year on year against the same period last year +0.4 percentage points |
| Full-year earnings forecast | Fiscal Period Covered Fiscal year ending May 2027 / Net Sales 22,500 Millions of yen / Gross profit 3,360 Millions of yen / Operating profit 1,373 Millions of yen / Ordinary income 1,426 Millions of yen / Net income 950 Millions of yen |
| Self-assessment against the plan | Above plan |
| Breakdown of Factors Affecting the Change | Factors Expansion in the scale of indoor power supply equipment projects in the Shikoku and Kyushu blocks / Amount 339 Millions of yen, Factors Expansion in the scale of outdoor communications equipment projects in the Shikoku and Kyushu blocks / Amount 55 Millions of yen, Factors Expansion in the scale of solar power generation equipment projects in the Shikoku and Kyushu blocks / Amount 40 Millions of yen, Factors Increase in routine transactions in the Shikoku and Kyushu blocks / Amount 69 Millions of yen, Factors Reduction in the scale of expressway equipment projects in the Shikoku and Kyushu blocks / Amount -157 Millions of yen, Factors Expansion in the scale of indoor communications equipment projects in the eastern Japan block / Amount 596 Millions of yen, Factors Expansion in the scale of outdoor communications equipment projects in the eastern Japan block / Amount 185 Millions of yen, Factors Expansion in the scale of disaster-prevention administrative radio system projects in the eastern Japan block / Amount 91 Millions of yen, Factors Increase in routine transactions in the eastern Japan block / Amount 113 Millions of yen, Factors Reduction in the scale of solar power generation equipment projects in the eastern Japan block / Amount -320 Millions of yen, Factors Reduction in the scale of police communications equipment projects in the eastern Japan block / Amount -298 Millions of yen, Factors Reduction in the scale of expressway equipment projects in the western Japan block / Amount -124 Millions of yen, Factors Increase in Selling, General and Administrative Expenses / Details Increase in personnel expenses due to special bonuses for employees and special incentives for employee stock ownership plan members |
| Key KPIs | Indicator name Revenue of the Tokyo Sales Office (index, FY ending May 2023 = 100) / Value 153 Index / Year on year against the same period last year Increased from the fiscal year ended May 2025, Indicator name Target household coverage rate for fiber-optic networks / Value 99.9% / Year on year against the same period last year Not disclosed, Indicator name Target 5G population coverage rate (at the end of fiscal 2025) / Value 97% / Year on year against the same period last year Not disclosed, Indicator name Target number of regional data center sites / Value A dozen or more locations nationwide / Year on year against the same period last year Not disclosed |
| Assumptions Underlying the Business Outlook | Item Copper Prices / Figures 145% six-month increase, Item Time lag before passing through price increases / Figures Approximately six months to one year |
| Annual Dividend | Fiscal year ending May 2026 Annual ¥70 / Interim Not disclosed / End of period Not disclosed / Fiscal year ending May 2027 Annual ¥72 / Interim Not disclosed / End of period Not disclosed |
| Payout ratio | Fiscal year ending May 2026 40.8% / Fiscal year ending May 2027 40.4% |
| New initiatives | Plan to construct and relocate the Okinawa Sales Office to a new building, Strengthening efforts to secure orders for FTTH, CATV headend equipment, communications equipment for CATV subscribers and disaster-prevention radio system replacement projects, Strengthening the sales structure and logistics network, Payment of a special incentive of ¥100,000 per employee stock ownership plan member |
Items this document does not state (15)
Selling, general and administrative expensesResults for the three months of the current quarterProgress against full-year forecastSegment resultsUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsAcquisition 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.Orders for large-scale fire communications equipment, indoor power supply equipment and outdoor communications equipment projects remained strong, while routine transactions also increased. For the fiscal year ending May 2027, the Company plans to expand its customer base and product lineup and pursue orders for FTTH, CATV and disaster-prevention radio system replacement projects.
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.