Worth reading
61In focus
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
13
¥100 million (full-year operating income forecast revision)Wording
Conditional
How definitive the wording is.Contents of this document
Supplementary materials to the earnings reportSecond quarter of the fiscal year ending March 20279 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥85,529 million+9.2%
Operating profit¥6,552 million+17.7%
Ordinary income¥6,700 million+10.2%
Net income¥4,580 million +17.7%net income attributable to owners of the parent
Operating profit margin7.7%, up 0.6 percentage points year on year (first half)
Results for the three months of the current quarter
Net Sales
¥44,108 million
Operating profit
¥3,192 million
Ordinary income
¥3,262 million
Profit for the period
¥2,039 million
Full-year earnings forecast
Net Sales
¥169,000 million
Operating profit
¥12,500 million
Ordinary income
¥12,600 million
Profit attributable to owners of the parent
¥7,100 million
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
FY2026 first-half change in operating profit
Change in net sales10
Price pass-through, rationalization, and mix37
Foreign exchange impact2
Raw material prices, energy costs, etc., personnel expenses, depreciation, and other fixed costs, etc.-25
FY2026 full-year forecast change in operating profit
Change in net sales4
Price pass-through, rationalization, and mix90
Foreign exchange impact3
Raw material prices, energy costs, etc., personnel expenses, depreciation, and other fixed costs, etc.-22
New initiatives
- Expansion of shareholder benefits
- Introduction of a new long-term holding benefit for shareholders who have held their shares continuously for 2 years or more
- Addition of QUO Card Pay
Key KPIsA metric the company considers important as a management benchmark.
- Earnings per share¥63.98
- Equity ratio60.7 %
- ROIC
- ROE
Segment results
Wellness
Net Sales
¥139 hundred million+1.5%
Operating profit
¥0 hundred million
Environmental Solutions Business
Net Sales
¥183 hundred million+11.3%
Operating profit
¥17 hundred million+127.8%
Information & Electronics Business
Net Sales
¥319 hundred million+16.1%
Operating profit
¥24 hundred million+14.9%
Industrial Infrastructure Business
Net Sales
¥212 hundred million+3.4%
Operating profit
¥23 hundred million-13.1%
Financial targets
Equity ratio
Actual results60.7 %
Capital expenditures
¥14,557 million
Annual Dividend
Annual dividend per share¥40
Interim¥20
End of period¥20
Payout ratio
44.2 %
Total payout ratio40.4
Acquisition of treasury shares
Acquisition cost¥276 million
| Item | Details |
|---|---|
| Document type | Supplementary materials to the earnings report |
| Fiscal Period Covered | Second quarter of the fiscal year ending March 2027 |
| Net Sales | ¥85,529 million (YoY +9.2%) |
| Operating profit | ¥6,552 million (YoY +17.7%) |
| Ordinary income | ¥6,700 million (YoY +10.2%) |
| Net income | ¥4,580 million (net income attributable to owners of the parent) (YoY +17.7%) |
| Operating profit margin | 7.7%, up 0.6 percentage points year on year (first half) |
| Results for the three months of the current quarter | Net Sales ¥44,108 million / Operating profit ¥3,192 million / Ordinary income ¥3,262 million / Profit for the period ¥2,039 million |
| Full-year earnings forecast | Net Sales ¥169,000 million / Operating profit ¥12,500 million / Ordinary income ¥12,600 million / Profit attributable to owners of the parent ¥7,100 million |
| Segment results | Wellness Net Sales ¥139 hundred million (YoY +1.5%) / Operating profit ¥0 hundred million / Environmental Solutions Business Net Sales ¥183 hundred million (YoY +11.3%) / Operating profit ¥17 hundred million (YoY +127.8%) / Information & Electronics Business Net Sales ¥319 hundred million (YoY +16.1%) / Operating profit ¥24 hundred million (YoY +14.9%) / Industrial Infrastructure Business Net Sales ¥212 hundred million (YoY +3.4%) / Operating profit ¥23 hundred million (YoY -13.1%) |
| Breakdown of Factors Affecting the Change | FY2026 first-half change in operating profit Change in net sales 10 / Price pass-through, rationalization, and mix 37 / Foreign exchange impact 2 / Raw material prices, energy costs, etc., personnel expenses, depreciation, and other fixed costs, etc. -25 / FY2026 full-year forecast change in operating profit Change in net sales 4 / Price pass-through, rationalization, and mix 90 / Foreign exchange impact 3 / Raw material prices, energy costs, etc., personnel expenses, depreciation, and other fixed costs, etc. -22 |
| Key KPIs | Indicator name Earnings per share / Value ¥63.98 / Year on year against the same period last year Not disclosed, Indicator name Equity ratio / Value 60.7 % / Year on year against the same period last year Not disclosed, Indicator name ROIC / Value Not disclosed / Year on year against the same period last year Not disclosed, Indicator name ROE / Value Not disclosed / Year on year against the same period last year Not disclosed |
| Financial targets | Equity ratio Actual results 60.7 % / ROIC Not disclosed / ROE Not disclosed |
| Annual Dividend | Annual dividend per share ¥40 / Interim ¥20 / End of period ¥20 |
| Payout ratio | Value 44.2 % / Total payout ratio 40.4 % |
| Acquisition of treasury shares | Acquisition cost ¥276 million |
| Capital expenditures | ¥14,557 million |
| New initiatives | Expansion of shareholder benefits, Introduction of a new long-term holding benefit for shareholders who have held their shares continuously for 2 years or more, Addition of QUO Card Pay |
Items this document does not state (13)
Gross Profit MarginSelling, general and administrative expensesProgress against full-year forecastSelf-assessment against the planUnit price and quantity metricsNumber of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan targetsOrders 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.Full-year sales are expected to fall below the previous forecast because the impact of higher raw material costs and price pass-through was more limited than expected. Operating profit has been revised upward, however, as revenue is expected to increase in the electronic components and other businesses, driven mainly by expansion of the semiconductor market for AI applications, together with measures to improve profitability, including higher production efficiency and price pass-through.
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.