Worth reading
60In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Improvement
Direction inferred from the company’s description.Scale
30
¥100 million (increase in the full-year revenue forecast from the previous forecast)Wording
Avoiding a definitive answer
How definitive the wording is.Contents of this document
Earnings presentationSecond quarter of the fiscal year ending March 202710 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales924 Hundred million yen+20.0%
Operating profit203 Hundred million yen+38.0%
Ordinary income211 Hundred million yen+41.0%
Net income155 Hundred million yen+61.0%
Operating profit margin22 %
Results for the three months of the current quarter
Net Sales
557 Hundred million yen+21.0%
Operating profit
144 Hundred million yen+42.0%
Ordinary income
147 Hundred million yen+40.0%
Net income
108 Hundred million yen+70.0%
Orders received
731 Hundred million yen+64.0%
Operating profit margin
25.9 %
yoy_change_pt4
Full-year earnings forecast
Net Sales
1,920 Hundred million yen
Operating profit
450 Hundred million yen
Ordinary income
455 Hundred million yen
Net income
320 Hundred million yen
R&D expenses
130 Hundred million yen
Capital Expenditure
150 Hundred million yen
Depreciation and amortization
62 Hundred million yen
Semiconductor manufacturing equipment revenue
1,505 Hundred million yen
Metrology equipment revenue
415 Hundred million yen
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Exceeded the plan by approximately ¥4 billionAssumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
- Assumed exchange rate150 Yen/Dollar
- Proba market average annual growth rate20 %
- FY2026 semiconductor manufacturing equipment orders received2,200 Approximately ¥100 million
- Increase in probe production capacity through mid-FY2028Double the level in the first half of FY2026
New initiatives
- Doubling of probe production capacity by around mid-FY2028
- Expansion of production space at the Hanno Plant (Phases 1 and 2)
- Construction of Hanno Plant No. 2
- Consideration of launching a new medium-term management plan from FY2027
Key KPIsA metric the company considers important as a management benchmark.
- Orders received1,390 Hundred million yenYear on year against the same period last year+72%
- Free cash flow245 Hundred million yen
- Equity ratio76.3 %
- HPC-related revenue as a percentage of semiconductor revenue50%
- HPC-related orders as a percentage of semiconductor orders40%
Segment results
Semiconductor manufacturing equipment
Orders received
1,141 Hundred million yen+86.0%
Net Sales
726 Hundred million yen+22.0%
Operating profit
177 Hundred million yen+44.0%
Operating profit margin
24.4 %
yoy_change_pt3.6
Measurement Equipment
Orders received
249 Hundred million yen+29.0%
Net Sales
198 Hundred million yen+12.0%
Operating profit
26 Hundred million yen+10.0%
Operating profit margin
13.3 %
yoy_change_pt-0.2
Medium-term management plan targets
Operating profit
450 Hundred million yen
Target fiscal yearFY2026
Comparison with actual resultsExpected to reach the quantitative target in FY2026
Market Size / Share
Proba market average annual growth rate
20 %
Orders received and order backlog
Orders received
¥1,390 100 million first half
Full-year order outlook for semiconductor manufacturing equipment
2,200 Approximately ¥100 million
Capital expenditures
¥47 100 million first-half actual
Annual Dividend
¥316 per share
Interim¥158
End of period¥158
| Item | Details |
|---|---|
| Document type | Earnings presentation |
| Fiscal Period Covered | Second quarter of the fiscal year ending March 2027 |
| Net Sales | 924 Hundred million yen (YoY +20.0%) |
| Operating profit | 203 Hundred million yen (YoY +38.0%) |
| Ordinary income | 211 Hundred million yen (YoY +41.0%) |
| Net income | 155 Hundred million yen (YoY +61.0%) |
| Operating profit margin | 22 % |
| Results for the three months of the current quarter | Net Sales 557 Hundred million yen (YoY +21.0%) / Operating profit 144 Hundred million yen (YoY +42.0%) / Ordinary income 147 Hundred million yen (YoY +40.0%) / Net income 108 Hundred million yen (YoY +70.0%) / Orders received 731 Hundred million yen (YoY +64.0%) / Operating profit margin 25.9 % |
| Full-year earnings forecast | Orders received Not disclosed / Net Sales 1,920 Hundred million yen / Operating profit 450 Hundred million yen / Ordinary income 455 Hundred million yen / Net income 320 Hundred million yen / R&D expenses 130 Hundred million yen / Capital Expenditure 150 Hundred million yen / Depreciation and amortization 62 Hundred million yen / Semiconductor manufacturing equipment revenue 1,505 Hundred million yen / Metrology equipment revenue 415 Hundred million yen |
| Self-assessment against the plan | Exceeded the plan by approximately ¥4 billion |
| Segment results | Semiconductor manufacturing equipment Orders received 1,141 Hundred million yen (YoY +86.0%) / Net Sales 726 Hundred million yen (YoY +22.0%) / Operating profit 177 Hundred million yen (YoY +44.0%) / Operating profit margin 24.4 % / Measurement Equipment Orders received 249 Hundred million yen (YoY +29.0%) / Net Sales 198 Hundred million yen (YoY +12.0%) / Operating profit 26 Hundred million yen (YoY +10.0%) / Operating profit margin 13.3 % |
| Key KPIs | Orders received 1,390 Hundred million yen, Free cash flow 245 Hundred million yen, Equity ratio 76.3 %, HPC-related revenue as a percentage of semiconductor revenue 50%, HPC-related orders as a percentage of semiconductor orders 40% |
| Assumptions Underlying the Business Outlook | Assumed exchange rate 150 Yen/Dollar, Proba market average annual growth rate 20 %, FY2026 semiconductor manufacturing equipment orders received 2,200 Approximately ¥100 million, Increase in probe production capacity through mid-FY2028 Double the level in the first half of FY2026 |
| Medium-term management plan targets | Operating profit 450 Hundred million yen / Comparison with actual results Expected to reach the quantitative target in FY2026 |
| Annual Dividend | ¥316 per share |
| Capital expenditures | ¥47 100 million (first-half actual) |
| Orders received and order backlog | Orders received ¥1,390 100 million (first half) / Full-year order outlook for semiconductor manufacturing equipment 2,200 Approximately ¥100 million |
| Market Size / Share | Proba market average annual growth rate 20 % |
| New initiatives | Doubling of probe production capacity by around mid-FY2028, Expansion of production space at the Hanno Plant (Phases 1 and 2), Construction of Hanno Plant No. 2, Consideration of launching a new medium-term management plan from FY2027 |
Items this document does not state (12)
Gross Profit MarginSelling, general and administrative expensesProgress against full-year forecastBreakdown of Factors Affecting the ChangeUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookFinancial targetsPayout ratioAcquisition of treasury sharesKey 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 increase over the first-half results, progress in production, shipment and installation, the advancement of some sales, and strong inquiries for semiconductor manufacturing equipment for HPC, China and general-purpose memory were taken into account. Trends in component procurement and production were also considered comprehensively.
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.