Worth reading
52Recurring
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
32.1
%Wording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)1 April 2026–30 September 2026ConsolidatedJapanese GAAPNet Sales4,954Millions of yenYear on year +32.1%Progress 64.7%
Operating profit246Millions of yenYear on year +9.5%Progress 77.6%
Ordinary income128Millions of yenYear on year -21.3%Progress 55.2%
Net income attributable to owners of the parent76Millions of yenYear on year -39.9%
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¥3.20
Financial position at period-end
Total assets6,178Millions of yen
of which net assets 2,115 Millions of yenEquity ratio 34.2%vs. prior year-end +0.3pt
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+280,410
Investment-61,266
Financials-17,402
Net change+201,742
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ thousand).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¥1,106,273 thousand
Segment revenueWatch-Related Business ¥3,931,455 thousand (YoY +43.9%), Eyewear Frames ¥347,033 thousand (YoY -20.8%), Fishing tackle and related products ¥676,229 thousand (YoY +16.3%)
Segment profitWatch-Related Business ¥151,074 thousand, Eyewear Frames ¥-28,476 thousand, Fishing tackle and related products ¥126,936 thousand
Outlook and shareholder returns
Full-year earnings forecast
Net Sales7,652 Millions of yen (YoY -3.1%)
Operating profit317 Millions of yen (YoY -15.5%)
Ordinary income232 Millions of yen (YoY -56.5%)
Profit attributable to owners of the parent200 Millions of yen (YoY -43.0%)
Revision to Earnings ForecastNet Sales No revision / Operating profit No revision / Ordinary income No revision / Profit attributable to owners of the parent No revision
Annual Dividend Forecast0 Yen → 0 Yen
Factors Behind Changes in Business Performance
Sales increased due to the yen's depreciation and strong orders for watches. Gross profit was affected by valuation losses on inventories and higher outsourcing costs resulting from surging raw material prices, while growth in operating income was constrained by an operating loss in the eyeglass frame business. Ordinary income decreased due to foreign exchange losses resulting from the yen's appreciation, while interim net income attributable to owners of the parent decreased due to the recognition of corporate income taxes and other taxes.
Disclosure regarding the going concern assumption
None applicable
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 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ― / Extraordinary loss Loss on disposal of fixed assets ¥204 thousand
Depreciation and amortization¥99,181 thousand
Orders received and order backlogOrders received Total ¥5,078,304 thousand (YoY +34.3%) / Watch-Related Business ¥3,937,155 thousand (YoY +39.2%) / Eyewear Frames ¥498,952 thousand (YoY +21.4%) / Fishing tackle and related products ¥642,197 thousand (YoY +18.5%) / Order backlog Total ¥1,281,571 thousand (YoY +25.6%) / Watch-Related Business ¥752,462 thousand (YoY +27.3%) / Eyewear Frames ¥275,523 thousand (YoY +38.6%) / Fishing tackle and related products ¥253,586 thousand (YoY +10.0%)
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo
Issued Shares at Period-End24,180,047
Treasury Shares at Period-End209,792
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026–30 September 2026 |
| Net Sales | 4,954 Millions of yen (YoY +32.1%) |
| Operating profit | 246 Millions of yen (YoY +9.5%) |
| Ordinary income | 128 Millions of yen (YoY -21.3%) |
| Profit attributable to owners of the parent | 76 Millions of yen (YoY -39.9%) |
| Net income per share | ¥3.20 |
| Equity ratio | End of the current fiscal period 34.2 / End of previous period 33.9 |
| Total assets | 6,178 Millions of yen |
| Net assets | 2,115 Millions of yen |
| Cash flows from operating activities | ¥280,410 thousand |
| Cash flows from investing activities | ¥-61,266 thousand |
| Cash flows from financing activities | ¥-17,402 thousand |
| Cash and cash equivalents at end of period | ¥1,106,273 thousand |
| Full-year earnings forecast | Net Sales 7,652 Millions of yen (YoY -3.1%) / Operating profit 317 Millions of yen (YoY -15.5%) / Ordinary income 232 Millions of yen (YoY -56.5%) / Profit attributable to owners of the parent 200 Millions of yen (YoY -43.0%) |
| Revision to Earnings Forecast | Net Sales No revision / Operating profit No revision / Ordinary income No revision / Profit attributable to owners of the parent No revision |
| Annual Dividend Forecast | 0 Yen → 0 Yen |
| Segment revenue | Watch-Related Business ¥3,931,455 thousand (YoY +43.9%), Eyewear Frames ¥347,033 thousand (YoY -20.8%), Fishing tackle and related products ¥676,229 thousand (YoY +16.3%) |
| Segment profit | Watch-Related Business ¥151,074 thousand, Eyewear Frames ¥-28,476 thousand, Fishing tackle and related products ¥126,936 thousand |
| Orders received and order backlog | Orders received Total ¥5,078,304 thousand (YoY +34.3%) / Watch-Related Business ¥3,937,155 thousand (YoY +39.2%) / Eyewear Frames ¥498,952 thousand (YoY +21.4%) / Fishing tackle and related products ¥642,197 thousand (YoY +18.5%) / Order backlog Total ¥1,281,571 thousand (YoY +25.6%) / Watch-Related Business ¥752,462 thousand (YoY +27.3%) / Eyewear Frames ¥275,523 thousand (YoY +38.6%) / Fishing tackle and related products ¥253,586 thousand (YoY +10.0%) |
| Depreciation and amortization | ¥99,181 thousand |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ― / Extraordinary loss Loss on disposal of fixed assets ¥204 thousand |
| Disclosure regarding the going concern assumption | None applicable |
| 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 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | No |
| Issued Shares at Period-End | 24,180,047 |
| Treasury Shares at Period-End | 209,792 |
| Factors Behind Changes in Business Performance | Sales increased due to the yen's depreciation and strong orders for watches. Gross profit was affected by valuation losses on inventories and higher outsourcing costs resulting from surging raw material prices, while growth in operating income was constrained by an operating loss in the eyeglass frame business. Ordinary income decreased due to foreign exchange losses resulting from the yen's appreciation, while interim net income attributable to owners of the parent decreased due to the recognition of corporate income taxes and other taxes. |
Items this document does not state (6)
Operating MarginPayout ratioShareholder Return PolicyRegional salesImpairment lossMaterial 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.Sales increased due to the yen's depreciation and strong orders for watches. On the earnings side, the factors cited include valuation losses on inventories, higher outsourcing costs resulting from surging raw material prices, an operating loss in the eyeglass frame business, foreign exchange losses resulting from the yen's appreciation, and the recognition of corporate income taxes and other taxes.
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.
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