Worth reading
65In focus
Scored from 5 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
665
¥ million (year-on-year increase in net sales)Wording
Conditional
How definitive the wording is.Contents of this document
Financial results presentationFiscal year ending March 20269 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥12,174 million+5.8%
Operating profit¥703 million+18.1%
Ordinary income¥686 million+17.7%
Net income¥479 million+15.6%
Gross Profit Margin52.3 % / percentage points
Operating profit margin5.8 % / percentage points
Full-year earnings forecast
Net Sales
¥12,500 million
Operating profit
¥740 million
Net income
¥490 million
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
The targets for the final year of the medium-term management plan were substantially exceeded. However, the target ROE of 12.0% was not achieved.Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Furniture retailers
¥80 million
Commercial facilities
¥331 million
Shops/showrooms
¥199 million
Other
¥56 million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Middle East situationAssuming that the situation in the Middle East stabilizes
New initiatives
- Introduction of KING KOIL brand displays
- Overseas exports to Indonesia and Malaysia (OEM supply)
- Trial exports to China
- Expansion and renovation of the Tokyo Showroom and Ligne Roset Shinjuku
Key KPIsA metric the company considers important as a management benchmark.
ROE
10.3 %
yoy_change_points0.8
Equity ratio
42.1 %
yoy_change_points2.1
Medium-term management plan targets
Net Sales
¥11,000 million
Fiscal yearFiscal year ending March 2026
Operating profit
¥680 million
Fiscal yearFiscal year ending March 2026
ROE
12 %
Fiscal yearFiscal year ending March 2026
Financial targets
ROE
Target value12 %
Actual value10.3 %
Equity ratio
Actual value42.1 %
Capital expenditures
¥348 million
Annual Dividend
Fiscal year ending March 2026
Annual
¥36
Interim
¥17
End of period
¥19
Fiscal year ending March 2027
Annual
¥37
Interim
¥18
End of period
¥19
| Item | Details |
|---|---|
| Document type | Financial results presentation |
| Fiscal Period Covered | Fiscal year ending March 2026 |
| Net Sales | ¥12,174 million (YoY +5.8%) |
| Operating profit | ¥703 million (YoY +18.1%) |
| Ordinary income | ¥686 million (YoY +17.7%) |
| Net income | ¥479 million (YoY +15.6%) |
| Gross Profit Margin | 52.3 % / percentage points |
| Operating profit margin | 5.8 % / percentage points |
| Full-year earnings forecast | Net Sales ¥12,500 million / Operating profit ¥740 million / Net income ¥490 million |
| Self-assessment against the plan | The targets for the final year of the medium-term management plan were substantially exceeded. However, the target ROE of 12.0% was not achieved. |
| Breakdown of Factors Affecting the Change | Furniture retailers ¥80 million / Commercial facilities ¥331 million / Shops/showrooms ¥199 million / Other ¥56 million |
| Key KPIs | ROE 10.3 % / Equity ratio 42.1 % |
| Assumptions Underlying the Business Outlook | Middle East situation Assuming that the situation in the Middle East stabilizes |
| Medium-term management plan targets | Net Sales ¥11,000 million / Operating profit ¥680 million / ROE 12 % |
| Financial targets | ROE Target value 12 % / Actual value 10.3 % / Equity ratio Actual value 42.1 % |
| Annual Dividend | Fiscal year ending March 2026 Annual ¥36 / Interim ¥17 / End of period ¥19 / Fiscal year ending March 2027 Annual ¥37 / Interim ¥18 / End of period ¥19 |
| Capital expenditures | ¥348 million |
| New initiatives | Introduction of KING KOIL brand displays, Overseas exports to Indonesia and Malaysia (OEM supply), Trial exports to China, Expansion and renovation of the Tokyo Showroom and Ligne Roset Shinjuku |
Items this document does not state (13)
Selling, general and administrative expensesResults for the three months of the current quarterProgress against full-year forecastSegment resultsUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookPayout ratioAcquisition of treasury sharesOrders received and order backlogMarket 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.Revenue increased due to stronger sales of priority mattress products, the introduction of KING KOIL displays, new construction and replacement demand driven by high hotel occupancy rates, the launch of new models and efforts to attract corporate customers at shops and showrooms, and growth in overseas exports and direct-to-consumer e-commerce. Higher costs for raw materials and other items, together with increased expenses such as personnel and promotional costs, were absorbed by the increase in gross profit generated by higher revenue and expanded sales of high-margin products.
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.