Worth reading
50Recurring
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
4500
¥ millionWording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)2025年4月1日〜2025年9月30日ConsolidatedJapanese GAAPNet Sales159,250¥ millionYear on year +1.7%Progress 48.7%
Operating profit12,986¥ millionYear on year +5.3%Progress 53.0%
Ordinary income16,197¥ millionYear on year +32.0%Progress 55.9%
Net income attributable to owners of the parent11,880¥ millionYear on year -3.3%Progress 54.0%
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 share¥48.70
Financial position at period-end
Total assets431,246¥ million
of which net assets 271,612 ¥ millionEquity ratio 61.1%vs. prior year-end -0.5pt
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+15,793
Investment-3,055
Financials-11,611
Net change+1,127
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¥94,954 million
Segment revenue
Clock Business89,37956.1%+4.2%
Machine-tool Business38,52124.2%+3.0%
Device business31,34819.7%-6.0%
Segment profit
Clock Business11,76573.4%+21.9%
Machine-tool Business2,65716.6%-12.0%
Device business1,61510.1%-41.8%
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥327,000 million (YoY +3.2%)
Operating profit¥24,500 million (YoY +19.0%)
Ordinary income¥29,000 million (YoY +26.0%)
Net income¥22,000 million (YoY -7.9%)
Revision to Earnings ForecastNet Sales ¥318,000 million → ¥327,000 million（+2.8%） / Operating profit ¥20,000 million → ¥24,500 million（+22.5%） / Ordinary income ¥22,000 million → ¥29,000 million（+31.8%） / Net income ¥20,000 million → ¥22,000 million（+10.0%）
Annual Dividend Forecast¥45 → ¥47（+4.4%）
Factors Behind Changes in Business Performance
時計事業と工作機械事業が堅調に推移し、時計事業では北米販売、自社EC比率、販売単価の上昇が営業利益を押し上げた。為替差益も増加した。一方、デバイス事業はフォトプリンターの大口受注の反動などにより減収減益となり、過年度関税等およびその引当金繰入額が親会社株主に帰属する中間純利益を押し下げた。
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 Number of companies 1 / Company name Manufacture Arnold & Son-Angelus SA / Excluded Number of companies 0 / Company name Not disclosed
Impairment loss当中間期は計上なし（損益計算書の金額は「－」）
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥61 million, Gain on sale of investment securities ¥5,680 million, Other regions ¥2 million / Extraordinary loss Loss on Disposal of Fixed Assets ¥92 million, Loss on sale of fixed assets ¥0 million, Additional social insurance contributions ¥108 million, Customs duties and other charges relating to prior years ¥2,678 million, Provision for customs duties and other charges relating to prior years ¥3,532 million, Other regions ¥3 million
Depreciation and amortization¥6,922 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (for institutional investors and analysts)
Issued Shares at Period-End246,000,000
Treasury Shares at Period-End2,004,791
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 2025年4月1日〜2025年9月30日 |
| Net Sales | ¥159,250 million (YoY +1.7%) |
| Operating profit | ¥12,986 million (YoY +5.3%) |
| Ordinary income | ¥16,197 million (YoY +32.0%) |
| Profit attributable to owners of the parent | ¥11,880 million (YoY -3.3%) |
| Net income per share | ¥48.70 |
| Equity ratio | End of the current fiscal period 61.1 / End of previous period 61.6 |
| Total assets | ¥431,246 million |
| Net assets | ¥271,612 million |
| Cash flows from operating activities | ¥15,793 million |
| Cash flows from investing activities | ¥-3,055 million |
| Cash flows from financing activities | ¥-11,611 million |
| Cash and cash equivalents at end of period | ¥94,954 million |
| Full-year earnings forecast | Net Sales ¥327,000 million (YoY +3.2%) / Operating profit ¥24,500 million (YoY +19.0%) / Ordinary income ¥29,000 million (YoY +26.0%) / Net income ¥22,000 million (YoY -7.9%) |
| Revision to Earnings Forecast | Net Sales ¥318,000 million → ¥327,000 million（+2.8%） / Operating profit ¥20,000 million → ¥24,500 million（+22.5%） / Ordinary income ¥22,000 million → ¥29,000 million（+31.8%） / Net income ¥20,000 million → ¥22,000 million（+10.0%） |
| Annual Dividend Forecast | ¥45 → ¥47（+4.4%） |
| Segment revenue | Clock Business ¥89,379 million (YoY +4.2%) / Machine-tool Business ¥38,521 million (YoY +3.0%) / Device business ¥31,348 million (YoY -6.0%) |
| Segment profit | Clock Business ¥11,765 million (YoY +21.9%) / Machine-tool Business ¥2,657 million (YoY -12.0%) / Device business ¥1,615 million (YoY -41.8%) |
| Depreciation and amortization | ¥6,922 million |
| Impairment loss | 当中間期は計上なし（損益計算書の金額は「－」） |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥61 million, Gain on sale of investment securities ¥5,680 million, Other regions ¥2 million / Extraordinary loss Loss on Disposal of Fixed Assets ¥92 million, Loss on sale of fixed assets ¥0 million, Additional social insurance contributions ¥108 million, Customs duties and other charges relating to prior years ¥2,678 million, Provision for customs duties and other charges relating to prior years ¥3,532 million, Other regions ¥3 million |
| 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 Number of companies 1 / Company name Manufacture Arnold & Son-Angelus SA / Excluded Number of companies 0 / Company name Not disclosed |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Available (for institutional investors and analysts) |
| Issued Shares at Period-End | 246,000,000 |
| Treasury Shares at Period-End | 2,004,791 |
| Factors Behind Changes in Business Performance | 時計事業と工作機械事業が堅調に推移し、時計事業では北米販売、自社EC比率、販売単価の上昇が営業利益を押し上げた。為替差益も増加した。一方、デバイス事業はフォトプリンターの大口受注の反動などにより減収減益となり、過年度関税等およびその引当金繰入額が親会社株主に帰属する中間純利益を押し下げた。 |
Items this document does not state (6)
Operating MarginPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogMaterial subsequent events
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.時計事業と工作機械事業が堅調に推移したこと、北米を中心とするブランド販売、自社ECの伸長、販売単価の上昇、為替差益の増加が業績を押し上げた。一方、過年度関税等および過年度関税等引当金繰入額を特別損失に計上したため、親会社株主に帰属する中間純利益は減少した。
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.