Worth reading
85Important
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
22.3
Change in full-year operating profit forecast (%)Wording
Avoiding a definitive answer
How definitive the wording is.Contents of this document
Earnings presentationThird quarter of the fiscal year ending May 20269 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥3,701 million-30.2%
Operating profit¥658 million-48.3%
Ordinary income¥797 million-37.5%
Net income¥495 million-45.1%
Operating profit margin17.8%
Gross Profit Margin
Current third quarter60.7%
Five-year average57.5%
2030 target50.0% or higher
Results for the three months of the current quarter
Net Sales
¥1,570 million+24.7%
Operating profit
¥410 million+347.6%
Ordinary income
¥417 million+320.0%
Profit attributable to owners of parent for the quarter
¥270 million+251.2%
Operating profit margin
26.1%
Prior-year period7.3%
Full-year earnings forecast
Net Sales
¥4,767 million
Operating profit
¥722 million
Ordinary income
¥858 million
Profit attributable to owners of the parent
¥534 million
Operating profit margin
15.2%
Progress against full-year forecast 通期の予想に対して、いまどこまで進んだかの割合です。
Net Sales77.7%
Operating profit91.2%
Ordinary income92.9%
Profit attributable to owners of the parent92.6%
What the company explained in this material
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Expected period of full-scale customer capital investmentJanuary 2026 to March 2027
Timing of revenue recognition for large ordersFirst to third quarter of the fiscal year ending May 2027
New initiatives
- Develop semiconductor-related measurement product ③, scheduled for launch in 2027
- Consider AI solution services leveraging partnerships with AI-related companies
- Promote the development of products for wearable devices
- Plan to establish multiple strategic partnerships
Key KPIsA metric the company considers important as a management benchmark.
- Base revenue¥626 million
- IoT-related business order intake¥2,009 millionYear on year against the same period last year+4.0%
- IoT-related business order backlog¥677 millionYear on year against the same period last year-40.1%
- Industry 4.0 promotion business order intake¥975 millionYear on year against the same period last year-25.1%
- Industry 4.0 promotion business order backlog¥245 millionYear on year against the same period last year-17.5%
- Domestic Pupil Module® share50 %
Segment results
- IoT BusinessNet Sales¥2,345 million (YoY -26.1%)Segment profit¥1,106 million (YoY -33.3%)Orders received¥2,009 million (YoY +4.0%)Order backlog¥677 million (YoY -40.1%)
- Industry 4.0 Promotion BusinessNet Sales¥1,346 million (YoY -13.5%)Segment profit¥101 million (YoY -51.5%)Orders received¥975 million (YoY -25.1%)Order backlog¥245 million (YoY -17.5%)
- Other (formerly environmental energy business)Net Sales¥9 million (YoY -98.3%)
Medium-term management plan targets
Base revenue
Target value¥3,000 million
Target fiscal yearFiscal year ending May 2030
Actual results¥626 million
Gross Profit Margin
Target value50.0% or higher
Target fiscal yearFiscal year ending May 2030
Actual results60.7%
Operating income per employee
Target value¥30 million
Target fiscal yearFiscal year ending May 2030
Operating profit growth
Target value15.0% or higher
Target fiscal yearFiscal year ending May 2030
ROE
Target value15.0% or higher
Target fiscal yearFiscal year ending May 2030
Financial targets
ROE
Target15.0% or higher
Market Size / Share
Wearable AI market size
202439.7 US$ billion
2034435.3 US$ billion
Domestic Pupil Module® share50%
Orders received and order backlog
IoT Business
Orders received¥2,009 million
Order backlog¥677 million
Industry 4.0 Promotion Business
Orders received¥975 million
Order backlog¥245 million
Total
Orders received¥2,985 million
Order backlog¥923 million
Number of employees
Number of Employees117 people
StandardAs of the end of the interim period
| Item | Details |
|---|---|
| Document type | Earnings presentation |
| Fiscal Period Covered | Third quarter of the fiscal year ending May 2026 |
| Net Sales | ¥3,701 million (YoY -30.2%) |
| Operating profit | ¥658 million (YoY -48.3%) |
| Ordinary income | ¥797 million (YoY -37.5%) |
| Net income | ¥495 million (YoY -45.1%) |
| Gross Profit Margin | Current third quarter 60.7% / Five-year average 57.5% / 2030 target 50.0% or higher / Year-on-year change (points) Not disclosed |
| Operating profit margin | 17.8% |
| Results for the three months of the current quarter | Net Sales ¥1,570 million (YoY +24.7%) / Operating profit ¥410 million (YoY +347.6%) / Ordinary income ¥417 million (YoY +320.0%) / Profit attributable to owners of parent for the quarter ¥270 million (YoY +251.2%) / Operating profit margin 26.1% |
| Full-year earnings forecast | Net Sales ¥4,767 million / Operating profit ¥722 million / Ordinary income ¥858 million / Profit attributable to owners of the parent ¥534 million / Operating profit margin 15.2% |
| Progress against full-year forecast | Net Sales 77.7% / Operating profit 91.2% / Ordinary income 92.9% / Profit attributable to owners of the parent 92.6% |
| Segment results | Segment IoT Business / Net Sales ¥2,345 million (YoY -26.1%) / Segment profit ¥1,106 million (YoY -33.3%) / Orders received ¥2,009 million (YoY +4.0%) / Order backlog ¥677 million (YoY -40.1%), Segment Industry 4.0 Promotion Business / Net Sales ¥1,346 million (YoY -13.5%) / Segment profit ¥101 million (YoY -51.5%) / Orders received ¥975 million (YoY -25.1%) / Order backlog ¥245 million (YoY -17.5%), Segment Other (formerly environmental energy business) / Net Sales ¥9 million (YoY -98.3%) / Segment profit Not disclosed |
| Key KPIs | Indicator name Base revenue / Value ¥626 million / Year on year against the same period last year Not disclosed, Indicator name IoT-related business order intake / Value ¥2,009 million / Year on year against the same period last year ¥4 million, Indicator name IoT-related business order backlog / Value ¥677 million / Year on year against the same period last year ¥-40.1 million, Indicator name Industry 4.0 promotion business order intake / Value ¥975 million / Year on year against the same period last year ¥-25.1 million, Indicator name Industry 4.0 promotion business order backlog / Value ¥245 million / Year on year against the same period last year ¥-17.5 million, Indicator name Domestic Pupil Module® share / Value 50 % / Year on year against the same period last year Not disclosed |
| Number of employees | Number of Employees 117 people / Standard As of the end of the interim period / Changes during the period and hiring plan Not disclosed |
| Assumptions Underlying the Business Outlook | Expected period of full-scale customer capital investment January 2026 to March 2027 / Timing of revenue recognition for large orders First to third quarter of the fiscal year ending May 2027 |
| Medium-term management plan targets | Base revenue Target value ¥3,000 million / Target fiscal year Fiscal year ending May 2030 / Actual results ¥626 million / Gross Profit Margin Target value 50.0% or higher / Target fiscal year Fiscal year ending May 2030 / Actual results 60.7% / Operating income per employee Target value ¥30 million / Target fiscal year Fiscal year ending May 2030 / Actual results Not disclosed / Operating profit growth Target value 15.0% or higher / Target fiscal year Fiscal year ending May 2030 / Actual results Not disclosed / ROE Target value 15.0% or higher / Target fiscal year Fiscal year ending May 2030 / Actual results Not disclosed |
| Financial targets | ROE Target 15.0% or higher / Actual results Not disclosed |
| Orders received and order backlog | IoT Business Orders received ¥2,009 million / Order backlog ¥677 million / Industry 4.0 Promotion Business Orders received ¥975 million / Order backlog ¥245 million / Total Orders received ¥2,985 million / Order backlog ¥923 million |
| Market Size / Share | Wearable AI market size 2024 39.7 US$ billion / 2034 435.3 US$ billion / Domestic Pupil Module® share 50% |
| New initiatives | Develop semiconductor-related measurement product ③, scheduled for launch in 2027, Consider AI solution services leveraging partnerships with AI-related companies, Promote the development of products for wearable devices, Plan to establish multiple strategic partnerships |
Items this document does not state (11)
Selling, general and administrative expensesSelf-assessment against the planBreakdown of Factors Affecting the ChangeUnit price and quantity metricsNumber of stores and locationsRisk amount incorporated into the outlookAnnual DividendPayout ratioAcquisition of treasury sharesCapital expendituresKey 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.The decline in cumulative revenue and profit was mainly attributable to sluggish sales of products for domestic customers, particularly in the IoT-related business. The upward revision to the full-year forecasts reflects, among other factors, stronger-than-expected sales of highly profitable products in the IoT-related business.
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.