Worth reading
65In focus
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
816
¥ million (first-quarter net sales)Wording
Conditional
How definitive the wording is.Contents of this document
Earnings briefing transcriptFirst quarter of the fiscal year ending May 20278 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥816 million-22.1%
Operating profit¥-142 million
Ordinary income¥-125 million
Net income¥-81 million profit attributable to owners of the parent
Operating profit margin-17.4 %
Results for the three months of the current quarter
Net Sales¥816 million
Operating loss¥142 million
Ordinary loss¥125 million
Quarterly net loss attributable to owners of the parent¥81 million
Quarterly net loss per share¥8.08
Full-year earnings forecast
Net Sales
¥7,212 million
Operating profit
¥1,599 million
Ordinary income
¥1,620 million
Profit attributable to owners of the parent
¥1,049 million
Earnings per share
¥103.41
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。
Consolidated revenue11.3
IoT-related business revenueApproximately 6%
Revenue from Industry 4.0 Promotion BusinessApproximately 24%
Amount of IoT-related business budget securedApproximately 81%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Progress broadly on budgetBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Price revisions due to specification changes in the IoT-related business¥210 million
- Q1 order intake in the IoT-related business¥521 million
- Q1 revenue recognized in the IoT-related business¥-315 million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Expected timing from order receipt to revenue recognitionApproximately 3 months
Required order intake pace for the remaining ¥977 millionApproximately ¥162 million per month
New initiatives
- Expanding the light source equipment lineup and developing new models
- Joint development of a new Pupil Module®
- Building an automated manufacturing line for Pupil Module® products
- Exploring AI-enabled total solutions
- Development and launch of semiconductor-related measurement products ①②③
- Joint working group with semiconductor inspection equipment manufacturers
- Planning several new products
Key KPIsA metric the company considers important as a management benchmark.
- Orders received¥921 millionYear-on-year (%)60.5
- Order backlog¥3,596 millionYear-on-year (%)249.1
- Base revenueAround 1,300
- Base revenue ratio18～20Year on year against the same period last year15.7% in the previous period
- Number of strategic partnershipsMore than 5 companies
- PSR1.6、4.0、15.8
Segment results
- IoT BusinessNet Sales¥315 millionYear-on-Year Change in Revenue (%)-49.4Segment profit¥51 millionOrders received¥521 millionOrder intake YoY (%)62.8Order backlog¥3,061 millionYear-on-year change in order backlog (%)340.7
- Industry 4.0 Promotion BusinessNet Sales¥498 millionYear-on-Year Change in Revenue (%)18.1Segment profit¥-5 millionOrders received¥400 millionOrder intake YoY (%)57.7Order backlog¥534 millionYear-on-year change in order backlog (%)59.4
- OtherNet Sales¥3 million
Medium-term management plan targets
- TargetBase revenue of ¥3,000 million or moreTarget fiscal yearFiscal year ending May 2030Actuals / ForecastActual: ¥755 million for the fiscal year ended May 2026; forecast: around ¥1,300 million for the fiscal year ending May 2027
- Target5 strategic partnersTarget fiscal yearBy 2030Actuals / ForecastMore than 5 companies as of Q1, exceeding the target
Orders received and order backlog
Orders received
¥921 million
Order backlog
¥3,596 million
| Item | Details |
|---|---|
| Document type | Earnings briefing transcript |
| Fiscal Period Covered | First quarter of the fiscal year ending May 2027 |
| Net Sales | ¥816 million (YoY -22.1%) |
| Operating profit | ¥-142 million |
| Ordinary income | ¥-125 million |
| Net income | ¥-81 million (profit attributable to owners of the parent) |
| Operating profit margin | -17.4 % |
| Results for the three months of the current quarter | Net Sales ¥816 million / Operating loss ¥142 million / Ordinary loss ¥125 million / Quarterly net loss attributable to owners of the parent ¥81 million / Quarterly net loss per share ¥8.08 |
| Full-year earnings forecast | Net Sales ¥7,212 million / Operating profit ¥1,599 million / Ordinary income ¥1,620 million / Profit attributable to owners of the parent ¥1,049 million / Earnings per share ¥103.41 |
| Progress against full-year forecast | Consolidated revenue 11.3 / IoT-related business revenue Approximately 6% / Revenue from Industry 4.0 Promotion Business Approximately 24% / Amount of IoT-related business budget secured Approximately 81% |
| Self-assessment against the plan | Progress broadly on budget |
| Segment results | Segment IoT Business / Net Sales ¥315 million / Year-on-Year Change in Revenue (%) -49.4 / Segment profit ¥51 million / Orders received ¥521 million / Order intake YoY (%) 62.8 / Order backlog ¥3,061 million / Year-on-year change in order backlog (%) 340.7, Segment Industry 4.0 Promotion Business / Net Sales ¥498 million / Year-on-Year Change in Revenue (%) 18.1 / Segment profit ¥-5 million / Orders received ¥400 million / Order intake YoY (%) 57.7 / Order backlog ¥534 million / Year-on-year change in order backlog (%) 59.4, Segment Other / Net Sales ¥3 million |
| Breakdown of Factors Affecting the Change | Factors Price revisions due to specification changes in the IoT-related business / Amount ¥210 million, Factors Q1 order intake in the IoT-related business / Amount ¥521 million, Factors Q1 revenue recognized in the IoT-related business / Amount ¥-315 million |
| Key KPIs | Indicator name Orders received / Value ¥921 million / Year-on-year (%) ¥60.5 million, Indicator name Order backlog / Value ¥3,596 million / Year-on-year (%) ¥249.1 million, Indicator name Base revenue / Value Around 1,300 / Year on year against the same period last year Not disclosed, Indicator name Base revenue ratio / Value 18～20 / Year on year against the same period last year 15.7% in the previous period, Indicator name Number of strategic partnerships / Value More than 5 companies / Year on year against the same period last year Not disclosed, Indicator name PSR / Value 1.6、4.0、15.8 / Year on year against the same period last year Not disclosed |
| Assumptions Underlying the Business Outlook | Expected timing from order receipt to revenue recognition Approximately 3 months / Required order intake pace for the remaining ¥977 million Approximately ¥162 million per month |
| Medium-term management plan targets | Target Base revenue of ¥3,000 million or more / Target fiscal year Fiscal year ending May 2030 / Actuals / Forecast Actual: ¥755 million for the fiscal year ended May 2026; forecast: around ¥1,300 million for the fiscal year ending May 2027, Target 5 strategic partners / Target fiscal year By 2030 / Actuals / Forecast More than 5 companies as of Q1, exceeding the target |
| Orders received and order backlog | Orders received ¥921 million / Order backlog ¥3,596 million |
| New initiatives | Expanding the light source equipment lineup and developing new models, Joint development of a new Pupil Module®, Building an automated manufacturing line for Pupil Module® products, Exploring AI-enabled total solutions, Development and launch of semiconductor-related measurement products ①②③, Joint working group with semiconductor inspection equipment manufacturers, Planning several new products |
Items this document does not state (13)
Gross Profit MarginSelling, general and administrative expensesUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookFinancial targetsAnnual DividendPayout ratioAcquisition of treasury sharesCapital expendituresMarket 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.In the IoT-related business, sales of inspection light source equipment and Pupil Module® were sluggish as the period was spent preparing for a major project. In the Industry 4.0 promotion business, sales of precision vibration isolation equipment and gear testing machines were strong, but research and development expenses, personnel expenses and other costs increased in connection with new product development.
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.