Worth reading
46Recurring
Scored from 5 of 6 sectionsDirection
Deterioration
Direction inferred from the company’s description.Scale
54
%（親会社株主に帰属する当期純利益の前年同期比減少率）Wording
Conditional
How definitive the wording is.Results for this period
Full year2023年6月1日〜2024年5月31日ConsolidatedJapanese GAAPNet Sales11,213¥ millionYear on year -1.4%Progress 94.9%
Operating profit1,178¥ millionYear on year -21.7%Progress 101.6%
Ordinary income1,349¥ millionYear on year -20.2%Progress 96.4%
Net income attributable to owners of the parent687¥ millionYear on year -54.0%Progress 76.3%
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 share97.03円
Operating Margin10.5%
Financial position at period-end
Total assets20,945¥ million
of which net assets 17,142 ¥ millionEquity ratio 81.4%vs. prior year-end +2.7pt
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.
Cash inflows and outflows
Operating+1,410
Investment-1,458
Financials-618
Net change-666
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Cash and cash equivalents at end of period¥3,904 million
Segment revenue
Component Products Business9,21581.5%-5.2%
Systems Products Business2,08818.5%+19.4%
Segment profit
Component Products Business1,51687.2%-25.1%
Systems Products Business22312.8%+244.0%
Regional sales
Japan7,537,06233.6%
United States1,519,6686.8%
Asia (excluding Japan)1,267,1665.7%
Other889,2634.0%
Total11,213,16250.0%
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥11,820 million (YoY +5.4%)
Operating profit¥1,160 million (YoY -1.4%)
Ordinary income¥1,400 million (YoY +4.0%)
Net income¥900 million (YoY +31.4%)
Annual Dividend Forecast¥42 per share → ¥42 per share（0.0%）
Payout ratio2024年5月期実績43.3%、2025年5月期予想33.1%
Shareholder Return PolicyTarget a payout ratio of 30% on both a consolidated and non-consolidated basis
Factors Behind Changes in Business Performance
要素部品事業は半導体業界の在庫調整、海外一部地域の需要鈍化、能登半島地震による工場拠点の一時停止等で減収減益。原材料・エネルギー価格の高止まり、製品構成比の変化、修繕費・販売促進費・旅費交通費の増加等で営業利益が減少。システム製品事業は一部大口顧客の需要増加等で増収増益。能登半島地震関連の特別損失3億6千9百万円により最終利益が減少。
Disclosure regarding the going concern assumption
No applicable matters.
Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Changes in the scope of consolidationNew 0 companies / Excluded 0 companies / Company name None
Material subsequent eventsNo applicable matters.
Impairment lossNot applicable (impairment losses on fixed assets by reporting segment)
Breakdown of extraordinary income (loss)Extraordinary income None / Extraordinary loss Loss on sale of fixed assets ¥280 thousand, Losses from natural disasters ¥160,258 thousand, Provision for disaster loss ¥209,395 thousand
Depreciation and amortization¥387,456 thousand
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for analysts and institutional investors)
Issued Shares at Period-End7,552,628
Treasury Shares at Period-End470,450
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 2023年6月1日〜2024年5月31日 |
| Net Sales | ¥11,213 million (YoY -1.4%) |
| Operating profit | ¥1,178 million (YoY -21.7%) |
| Ordinary income | ¥1,349 million (YoY -20.2%) |
| Profit attributable to owners of the parent | ¥687 million (YoY -54.0%) |
| Net income per share | 97.03円 |
| Operating Margin | 10.5% |
| Equity ratio | End of the current fiscal period 81.4% / End of previous period 78.7% |
| Total assets | ¥20,945 million |
| Net assets | ¥17,142 million |
| Cash flows from operating activities | ¥1,410 million |
| Cash flows from investing activities | ¥-1,458 million |
| Cash flows from financing activities | ¥-618 million |
| Cash and cash equivalents at end of period | ¥3,904 million |
| Full-year earnings forecast | Net Sales ¥11,820 million (YoY +5.4%) / Operating profit ¥1,160 million (YoY -1.4%) / Ordinary income ¥1,400 million (YoY +4.0%) / Net income ¥900 million (YoY +31.4%) |
| Annual Dividend Forecast | ¥42 per share → ¥42 per share（0.0%） |
| Payout ratio | 2024年5月期実績43.3%、2025年5月期予想33.1% |
| Shareholder Return Policy | Target a payout ratio of 30% on both a consolidated and non-consolidated basis |
| Segment revenue | Component Products Business ¥9,215 million (YoY -5.2%) / Systems Products Business ¥2,088 million (YoY +19.4%) |
| Segment profit | Component Products Business ¥1,516 million (YoY -25.1%) / Systems Products Business ¥223 million (YoY +244.0%) |
| Regional sales | Japan ¥7,537,062 thousand / United States ¥1,519,668 thousand / Asia (excluding Japan) ¥1,267,166 thousand / Other ¥889,263 thousand / Total ¥11,213,162 thousand |
| Depreciation and amortization | ¥387,456 thousand |
| Impairment loss | Not applicable (impairment losses on fixed assets by reporting segment) |
| Breakdown of extraordinary income (loss) | Extraordinary income None / Extraordinary loss Loss on sale of fixed assets ¥280 thousand, Losses from natural disasters ¥160,258 thousand, Provision for disaster loss ¥209,395 thousand |
| Disclosure regarding the going concern assumption | No applicable matters. |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | New 0 companies / Excluded 0 companies / Company name None |
| Material subsequent events | No applicable matters. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (for analysts and institutional investors) |
| Issued Shares at Period-End | 7,552,628 |
| Treasury Shares at Period-End | 470,450 |
| Factors Behind Changes in Business Performance | 要素部品事業は半導体業界の在庫調整、海外一部地域の需要鈍化、能登半島地震による工場拠点の一時停止等で減収減益。原材料・エネルギー価格の高止まり、製品構成比の変化、修繕費・販売促進費・旅費交通費の増加等で営業利益が減少。システム製品事業は一部大口顧客の需要増加等で増収増益。能登半島地震関連の特別損失3億6千9百万円により最終利益が減少。 |
Items this document does not state (2)
Revision to Earnings ForecastOrders received and order backlog
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.要素部品事業では半導体業界の在庫調整、海外一部地域の需要鈍化、能登半島地震による工場拠点の一時停止が影響した。原材料・部材価格やエネルギー価格の高止まり、製品構成比の変化、修繕費・販売促進費・旅費交通費の増加も利益を押し下げた。さらに、能登半島地震に関連して3億6千9百万円の特別損失を計上した。一方、システム製品事業は一部大口顧客の需要増加などで堅調に推移した。
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.