Worth reading
46Recurring
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
57
¥ millions (operating profit)Wording
Conditional
How definitive the wording is.Contents of this document
Earnings presentationSecond quarter of the fiscal year ending August 20269 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales4,542 million yen+1.5%
Operating profit57 million yen
Ordinary income94 million yen+91.6%
Net income32 million yen+489.8%
Gross Profit Margin11.1%
Selling, general and administrative expenses446 million yen
Full-year earnings forecast
Net Sales
8,500 million yen
Operating profit
70 million yen
Ordinary income
130 million yen
Profit attributable to owners of the parent
50 million yen
What the company explained in this material
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Assumed exchange rate for China
22.32 Assumed Exchange Rates
Assumed exchange rate for Thailand
4.97 Assumed Exchange Rates
New initiatives
- Introduction of automated equipment at the plants in Japan and China
- Introduction of robots for automated insertion of inserts at the China plant
- Expansion of electrical discharge machining capacity at the China plant
- Expansion of printing machine capacity in Thailand to bring outsourced processes in-house
- Development and launch of proprietary products
- Consideration of M&A
- Development of engineers and global talent through support for professional certifications and external training programs
Key KPIsA metric the company considers important as a management benchmark.
- China mold sales230 million yenYear-on-year (%)37
- Molding cycle time at the China plant110→69
- Medium-term plan target for reducing molding setup time30 %
- Medium-term plan target for reducing inventories30 %
- Domestic parental leave take-up rate target100 %
- Target number of female managers7 people
Segment results
- DomesticNet Sales1,764 million yenYear-on-Year Change in Revenue (%)-4.6Operating profit-38 million yen
- ChinaNet Sales2,328 million yenYear-on-Year Change in Revenue (%)4.1Operating profit124 million yen
- ThailandNet Sales514 million yenYear-on-Year Change in Revenue (%)16.8Operating profit-4 million yen
Medium-term management plan targets
- TargetRevenue of ¥15 billion and overseas revenue ratio of 70%Target fiscal yearFiscal year ending August 2033
- TargetRevenue of ¥30 billion and overseas revenue ratio of more than 80%Target fiscal yearLong-term Targets
- TargetRevenue of ¥9.6 billion, operating income of ¥120 million, ordinary income of ¥200 million and net income of ¥120 million for the fiscal year ending August 2028Target fiscal yearFiscal year ending August 2028
Financial targets
Equity ratio
Actual results77.8%
Capital expenditures
190 million yen
Annual Dividend
Annual dividend per share¥10.0 per share (forecast)
Interim¥5.0
End of period¥5.0
Payout ratio
Rate62.1%
| Item | Details |
|---|---|
| Document type | Earnings presentation |
| Fiscal Period Covered | Second quarter of the fiscal year ending August 2026 |
| Net Sales | 4,542 million yen (YoY +1.5%) |
| Operating profit | 57 million yen |
| Ordinary income | 94 million yen (YoY +91.6%) |
| Net income | 32 million yen (YoY +489.8%) |
| Gross Profit Margin | 11.1% |
| Selling, general and administrative expenses | 446 million yen |
| Full-year earnings forecast | Net Sales 8,500 million yen / Operating profit 70 million yen / Ordinary income 130 million yen / Profit attributable to owners of the parent 50 million yen |
| Segment results | Segment Domestic / Net Sales 1,764 million yen / Year-on-Year Change in Revenue (%) -4.6 / Operating profit -38 million yen, Segment China / Net Sales 2,328 million yen / Year-on-Year Change in Revenue (%) 4.1 / Operating profit 124 million yen, Segment Thailand / Net Sales 514 million yen / Year-on-Year Change in Revenue (%) 16.8 / Operating profit -4 million yen |
| Key KPIs | Indicator name China mold sales / Value 230 million yen / Year-on-year (%) 37 million yen, Indicator name Molding cycle time at the China plant / Value 110→69 / Year on year against the same period last year Not disclosed, Indicator name Medium-term plan target for reducing molding setup time / Value 30 % / Year on year against the same period last year Not disclosed, Indicator name Medium-term plan target for reducing inventories / Value 30 % / Year on year against the same period last year Not disclosed, Indicator name Domestic parental leave take-up rate target / Value 100 % / Year on year against the same period last year Not disclosed, Indicator name Target number of female managers / Value 7 people / Year on year against the same period last year Not disclosed |
| Assumptions Underlying the Business Outlook | Assumed exchange rate for China 22.32 Assumed Exchange Rates / Assumed exchange rate for Thailand 4.97 Assumed Exchange Rates |
| Medium-term management plan targets | Target Revenue of ¥15 billion and overseas revenue ratio of 70% / Target fiscal year Fiscal year ending August 2033, Target Revenue of ¥30 billion and overseas revenue ratio of more than 80% / Target fiscal year Long-term Targets, Target Revenue of ¥9.6 billion, operating income of ¥120 million, ordinary income of ¥200 million and net income of ¥120 million for the fiscal year ending August 2028 / Target fiscal year Fiscal year ending August 2028 |
| Financial targets | Equity ratio Actual results 77.8% / Target Not disclosed |
| Annual Dividend | Annual dividend per share ¥10.0 per share (forecast) / Interim ¥5.0 / End of period ¥5.0 |
| Payout ratio | Rate 62.1% / Total payout ratio Not disclosed / DOE Not disclosed |
| Capital expenditures | 190 million yen |
| New initiatives | Introduction of automated equipment at the plants in Japan and China, Introduction of robots for automated insertion of inserts at the China plant, Expansion of electrical discharge machining capacity at the China plant, Expansion of printing machine capacity in Thailand to bring outsourced processes in-house, Development and launch of proprietary products, Consideration of M&A, Development of engineers and global talent through support for professional certifications and external training programs |
Items this document does not state (13)
Operating profit marginResults for the three months of the current quarterProgress against full-year forecastSelf-assessment against the planBreakdown of Factors Affecting the ChangeUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookAcquisition 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 higher orders for power tool components and the increase in yen-denominated amounts resulting from the weaker yen. Automated equipment was introduced at the plants in Japan and China, improving production efficiency. In Japan, the company is also working to improve processes, reduce the defect rate, shorten cycle times and cut expenses.
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.