Worth reading
48Recurring
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
4.3
Year-on-year change in revenue (%)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¥22,025 million+4.3%
Operating profit¥1,233 million+3.5%
Ordinary income¥1,266 million+3.8%
Net income¥813 million-0.5%
Gross Profit Margin35.1
Operating profit margin5.6
Results for the three months of the current quarter
Net Sales
¥12,049 million
Operating profit
¥815 million
Full-year earnings forecast
Net Sales
¥48,600 million
Operating profit
¥4,260 million
Ordinary income
¥4,310 million
Net income for the current fiscal year
¥3,050 million
Earnings per share
¥173.39
Dividend per share
¥135
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Revenue and profit were both broadly in line with the initial planAssumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Higher material costs, increased investment in human resources, and continued strong performance in movable and mobile partitionsNew initiatives
- Commencement of operations at Building 2 of the Kaga Plant
- Increasing movable partition production capacity by 1.5 times
- Construction of a new research and development building within the new plant
- Optimization of the production management system using IoT and AI technologies
Key KPIsA metric the company considers important as a management benchmark.
- Orders received¥26,858 millionYear on year against the same period last year+6.6%
- Order Backlog¥25,319 millionYear on year against the same period last year+10.2%
Medium-term management plan targets
Realization of the Medium-Term Management Plan “NEXT VISION 2028.” Numerical targets: Not disclosedOrders received and order backlog
Orders received
¥26,858 million
Order backlog
¥25,319 million
Capital expenditures
¥5,200 million full-year plan
Annual Dividend
¥135 per share
Interim65
End of period70
Payout ratio
Targeting a DOE of 6%| Item | Details |
|---|---|
| Document type | Supplementary materials to the earnings report |
| Fiscal Period Covered | Second quarter of the fiscal year ending March 2027 |
| Net Sales | ¥22,025 million (YoY +4.3%) |
| Operating profit | ¥1,233 million (YoY +3.5%) |
| Ordinary income | ¥1,266 million (YoY +3.8%) |
| Net income | ¥813 million (YoY -0.5%) |
| Gross Profit Margin | 35.1 |
| Operating profit margin | 5.6 |
| Results for the three months of the current quarter | Net Sales ¥12,049 million / Operating profit ¥815 million |
| Full-year earnings forecast | Net Sales ¥48,600 million / Operating profit ¥4,260 million / Ordinary income ¥4,310 million / Net income for the current fiscal year ¥3,050 million / Earnings per share ¥173.39 / Dividend per share ¥135 |
| Self-assessment against the plan | Revenue and profit were both broadly in line with the initial plan |
| Key KPIs | Indicator name Orders received / Value ¥26,858 million / Year on year against the same period last year ¥6.6 million, Indicator name Order Backlog / Value ¥25,319 million / Year on year against the same period last year ¥10.2 million |
| Assumptions Underlying the Business Outlook | Higher material costs, increased investment in human resources, and continued strong performance in movable and mobile partitions |
| Medium-term management plan targets | Realization of the Medium-Term Management Plan “NEXT VISION 2028.” Numerical targets: Not disclosed |
| Annual Dividend | ¥135 per share |
| Payout ratio | Targeting a DOE of 6% |
| Capital expenditures | ¥5,200 million (full-year plan) |
| Orders received and order backlog | Orders received ¥26,858 million / Order backlog ¥25,319 million |
| New initiatives | Commencement of operations at Building 2 of the Kaga Plant, Increasing movable partition production capacity by 1.5 times, Construction of a new research and development building within the new plant, Optimization of the production management system using IoT and AI technologies |
Items this document does not state (12)
Selling, general and administrative expensesProgress against full-year forecastSegment resultsBreakdown of Factors Affecting the ChangeUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookFinancial targetsAcquisition of treasury sharesMarket 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.Movable and mobile partitions for offices and cultural facilities performed well. Although raw material costs rose, the company maintained its gross profit margin through increased sales of high-value-added products and absorbed higher selling, general and administrative expenses, including those related to investment in human resources.
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.