Worth reading
44Recurring
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
75
¥ million (year-on-year improvement in operating loss)Wording
Conditional
How definitive the wording is.Contents of this document
Supplementary materials to the earnings summarySecond quarter (interim period) of the fiscal year ending March 20275 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales3,939 Millions of yen-34.1%
Operating profit-115 Millions of yen
Ordinary income-178 Millions of yen
Net income-252 Millions of yen
Selling, general and administrative expenses765 Millions of yen
Results for the three months of the current quarterRevenue and segment profit for the three-month second quarter are presented by segment. The synthetic resin-related business reported revenue of ¥2,647 million and segment profit of ¥26.726 million, the logistics equipment-related business reported revenue of ¥1,272 million and segment profit of ¥30.201 million, and the EV-related business reported revenue of ¥19 million and a segment loss of ¥223 million. Consolidated quarterly earnings for the three-month period were Not disclosed.
Full-year earnings forecast
Net Sales
9,742 Millions of yen
Operating profit
108 Millions of yen
Ordinary income
40 Millions of yen
Net income for the current fiscal year
17 Millions of yen
Synthetic resin-related business net sales
5,132 Millions of yen
Logistics equipment-related business net sales
2,238 Millions of yen
EV-related business net sales
2,372 Millions of yen
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
First-half results progressed steadily against the plan. The synthetic resin-related business and logistics equipment-related business exceeded plan, improving operating profit by ¥59 million versus plan. Meanwhile, additional investment in the EV-related business increased, leaving net income ¥40 million below plan.Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Year-on-Year Decline in Revenue-¥2,044 million
- Year-on-year improvement in operating income+¥75 million
- Operating profit improvement versus plan+¥59 million
- Year-on-year decline in selling, general and administrative expenses−¥92 million
- Year-on-year decline in gross profit-¥18 million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
- EV-related business revenue is expected to get into full swing from the third quarter onward
- Selling, general and administrative expenses are rising amid higher prices and labor costs
- Concerns over stable production due to raw material shortages resulting from the worsening situation in the Middle East
New initiatives
- Launch of mass production and sales of Nissan Atlas EV conversion trucks
- Plan to introduce 100 EV conversion vehicles for Green Coop
- Membership in the Nara Prefecture Uda City Medium-Speed, Medium-Sized Autonomous Delivery Robot Implementation Co-Creation Council
- Membership in the Heiwajima Autonomous Driving Council
- Sales of security cage carts in the logistics equipment-related business are scheduled to begin in mid-November
Segment results
- Synthetic resin-related businessNet Sales2,647 Millions of yenYear on year against the same period last year-2,370.0%Segment profit51 Millions of yen
- Logistics equipment-related businessNet Sales1,272 Millions of yenYear on year against the same period last year+341.0%Segment profit57 Millions of yen
- EV-related businessNet Sales19 Millions of yenYear on year against the same period last year-16.0%Segment profit-223 Millions of yen
| Item | Details |
|---|---|
| Document type | Supplementary materials to the earnings summary |
| Fiscal Period Covered | Second quarter (interim period) of the fiscal year ending March 2027 |
| Net Sales | 3,939 Millions of yen (YoY -34.1%) |
| Operating profit | -115 Millions of yen |
| Ordinary income | -178 Millions of yen |
| Net income | -252 Millions of yen |
| Selling, general and administrative expenses | 765 Millions of yen |
| Results for the three months of the current quarter | Revenue and segment profit for the three-month second quarter are presented by segment. The synthetic resin-related business reported revenue of ¥2,647 million and segment profit of ¥26.726 million, the logistics equipment-related business reported revenue of ¥1,272 million and segment profit of ¥30.201 million, and the EV-related business reported revenue of ¥19 million and a segment loss of ¥223 million. Consolidated quarterly earnings for the three-month period were Not disclosed. |
| Full-year earnings forecast | Net Sales 9,742 Millions of yen / Operating profit 108 Millions of yen / Ordinary income 40 Millions of yen / Net income for the current fiscal year 17 Millions of yen / Synthetic resin-related business net sales 5,132 Millions of yen / Logistics equipment-related business net sales 2,238 Millions of yen / EV-related business net sales 2,372 Millions of yen |
| Self-assessment against the plan | First-half results progressed steadily against the plan. The synthetic resin-related business and logistics equipment-related business exceeded plan, improving operating profit by ¥59 million versus plan. Meanwhile, additional investment in the EV-related business increased, leaving net income ¥40 million below plan. |
| Segment results | Segment Synthetic resin-related business / Net Sales 2,647 Millions of yen / Year on year against the same period last year -2,370 Millions of yen / Segment profit 51 Millions of yen, Segment Logistics equipment-related business / Net Sales 1,272 Millions of yen / Year on year against the same period last year 341 Millions of yen / Segment profit 57 Millions of yen, Segment EV-related business / Net Sales 19 Millions of yen / Year on year against the same period last year -16 Millions of yen / Segment profit -223 Millions of yen |
| Breakdown of Factors Affecting the Change | Factors Year-on-Year Decline in Revenue / Amount -¥2,044 million, Factors Year-on-year improvement in operating income / Amount +¥75 million, Factors Operating profit improvement versus plan / Amount +¥59 million, Factors Year-on-year decline in selling, general and administrative expenses / Amount −¥92 million, Factors Year-on-year decline in gross profit / Amount -¥18 million |
| Assumptions Underlying the Business Outlook | EV-related business revenue is expected to get into full swing from the third quarter onward, Selling, general and administrative expenses are rising amid higher prices and labor costs, Concerns over stable production due to raw material shortages resulting from the worsening situation in the Middle East |
| New initiatives | Launch of mass production and sales of Nissan Atlas EV conversion trucks, Plan to introduce 100 EV conversion vehicles for Green Coop, Membership in the Nara Prefecture Uda City Medium-Speed, Medium-Sized Autonomous Delivery Robot Implementation Co-Creation Council, Membership in the Heiwajima Autonomous Driving Council, Sales of security cage carts in the logistics equipment-related business are scheduled to begin in mid-November |
Items this document does not state (17)
Gross Profit MarginOperating profit marginProgress against full-year forecastKey KPIsUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsAnnual DividendPayout ratioAcquisition of treasury sharesCapital expendituresOrders 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.The decline in sales was attributable to the exclusion of a Chinese subsidiary from consolidation. Factors contributing to the improvement in the operating loss included orders for a large project in the logistics equipment-related business, the exclusion from consolidation following the sale of a Chinese subsidiary in the synthetic resin-related business, and lower selling, general and administrative expenses resulting from company-wide efficiency improvements. In contrast, the net loss widened by ¥[amount] million from the same period of the previous year, mainly due to additional investment in the EV-related business.
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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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.