Worth reading
62In 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
200
¥ million (amount of the upward revision to the full-year operating profit forecast)Wording
Conditional
How definitive the wording is.Contents of this document
Earnings presentationFiscal year ending March 2027, second quarter (first half)10 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales48,180 million yen+1.2%
Operating profit1,331 million yen+117.5%
Ordinary income1,704 million yen+69.8%
Net income2,869 million yen+112.3%
Operating profit margin2.8%, up 1.5 percentage points year on year
Selling, general and administrative expensesIncrease in general and administrative expenses: ¥515 million. Selling, general and administrative expenses as a percentage of net sales: Not disclosed
Results for the three months of the current quarter
Net Sales
24,230 million yen
Operating profit
579 million yen
Full-year earnings forecast
Net Sales
99,000 million yen
Operating profit
2,700 million yen
Ordinary income
3,150 million yen
Net income for the current fiscal year
5,100 million yen
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Sales are expected to be in line with the plan, while profit levels are expected to exceed the initial forecast.Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Operating profit
Price Pass-Through1,856
Impact of lower sales-510
Higher electricity costs-110
Increase in selling, general and administrative expenses-515
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
The impact of U.S. tariff measures has not been incorporated into the earnings forecast because it is difficult to calculate reasonably. Specific assumptions for foreign exchange rates, raw material prices and other items: Not disclosedNew initiatives
- An absorption-type company split and absorption-type merger to reorganize the Publishing and Commercial Printing business into an integrated sales and manufacturing structure (scheduled for 1 October 2027)
- Shift the promotional services business to a consulting-based sales model
- Expand the business of publishing translated editions of Japanese manga in North America
- Increase the added value of information-services BPO
- Consider investment and expansion measures for the overseas packaging-materials business and an M&A strategy
Key KPIsA metric the company considers important as a management benchmark.
EBITDA
4,416 million yen
Year on year against the same period last year+762.0%
Free cash flow
3,010 million yen
Year on year against the same period last year+2,559.0%
Equity ratio
54.4 %
Year on year against the same period last yearUp 1.7 percentage points from the end of the previous fiscal year
Segment results
Information and Communications
Net Sales
14,395 million yen
Year-on-year (%)-5.2
Operating profit
-595 million yen
Information Security
Net Sales
14,916 million yen
Year-on-year (%)-1.1
Operating profit
924 million yen
Operating profit year-on-year_pct47.1
Consumer and Industrial Materials
Net Sales
17,851 million yen
Year-on-year (%)10
Operating profit
1,219 million yen
Operating profit year-on-year_pct78.9
Other
Net Sales
1,016 million yen
Year-on-year (%)-7.8
Operating profit
-217 million yen
Medium-term management plan targets
Operating profit for the fiscal year ending March 2028
4,500 million yen
Comparison with actual resultsAims to increase from the fiscal year ending March 2027 forecast of ¥2,700 million to the fiscal year ending March 2028 forecast of ¥4,500 million
Financial targets
Equity ratio
Actual results54.4 %
Capital expenditures
¥1,425 million expenditures for the acquisition of property, plant and equipment and intangible assets
Annual Dividend
¥80 /share
Breakdown
Interim40
End of period40
| Item | Details |
|---|---|
| Document type | Earnings presentation |
| Fiscal Period Covered | Fiscal year ending March 2027, second quarter (first half) |
| Net Sales | 48,180 million yen (YoY +1.2%) |
| Operating profit | 1,331 million yen (YoY +117.5%) |
| Ordinary income | 1,704 million yen (YoY +69.8%) |
| Net income | 2,869 million yen (YoY +112.3%) |
| Operating profit margin | 2.8%, up 1.5 percentage points year on year |
| Selling, general and administrative expenses | Increase in general and administrative expenses: ¥515 million. Selling, general and administrative expenses as a percentage of net sales: Not disclosed |
| Results for the three months of the current quarter | Net Sales 24,230 million yen / Operating profit 579 million yen |
| Full-year earnings forecast | Net Sales 99,000 million yen / Operating profit 2,700 million yen / Ordinary income 3,150 million yen / Net income for the current fiscal year 5,100 million yen |
| Self-assessment against the plan | Sales are expected to be in line with the plan, while profit levels are expected to exceed the initial forecast. |
| Segment results | Information and Communications Net Sales 14,395 million yen / Year-on-year (%) -5.2 / Operating profit -595 million yen / Information Security Net Sales 14,916 million yen / Year-on-year (%) -1.1 / Operating profit 924 million yen / Operating profit year-on-year_pct 47.1 / Consumer and Industrial Materials Net Sales 17,851 million yen / Year-on-year (%) 10 / Operating profit 1,219 million yen / Operating profit year-on-year_pct 78.9 / Other Net Sales 1,016 million yen / Year-on-year (%) -7.8 / Operating profit -217 million yen |
| Breakdown of Factors Affecting the Change | Operating profit Price Pass-Through 1,856 / Impact of lower sales -510 / Higher electricity costs -110 / Increase in selling, general and administrative expenses -515 |
| Key KPIs | EBITDA 4,416 million yen / Free cash flow 3,010 million yen / Equity ratio 54.4 % |
| Assumptions Underlying the Business Outlook | The impact of U.S. tariff measures has not been incorporated into the earnings forecast because it is difficult to calculate reasonably. Specific assumptions for foreign exchange rates, raw material prices and other items: Not disclosed |
| Medium-term management plan targets | Operating profit for the fiscal year ending March 2028 4,500 million yen / Comparison with actual results Aims to increase from the fiscal year ending March 2027 forecast of ¥2,700 million to the fiscal year ending March 2028 forecast of ¥4,500 million |
| Financial targets | Equity ratio Actual results 54.4 % |
| Annual Dividend | ¥80 /share |
| Capital expenditures | ¥1,425 million (expenditures for the acquisition of property, plant and equipment and intangible assets) |
| New initiatives | An absorption-type company split and absorption-type merger to reorganize the Publishing and Commercial Printing business into an integrated sales and manufacturing structure (scheduled for 1 October 2027), Shift the promotional services business to a consulting-based sales model, Expand the business of publishing translated editions of Japanese manga in North America, Increase the added value of information-services BPO, Consider investment and expansion measures for the overseas packaging-materials business and an M&A strategy |
Items this document does not state (11)
Gross Profit MarginProgress against full-year forecastUnit 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.The Company expects business to remain firm in the second half because domestic demand has remained stable and expanded sales, price pass-through has progressed at appropriate levels, and BPO projects in the Information Security segment and sales of key products in the Lifestyle and Industrial Materials segment have increased.
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.