Worth reading
46Recurring
Scored from 5 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
4500
¥ millionWording
Conditional
How definitive the wording is.Results for this period
First quarter1 April 2026 to 30 June 2026ConsolidatedIFRSNet Sales116,335¥ millionYear on year +12.0%Progress 23.7%
Operating profit13,791¥ millionYear on year +200.5%Progress 32.4%
Ordinary income14,780¥ million (profit before tax for the quarter)Year on year +290.2%
Net income attributable to owners of the parent10,690¥ millionYear on year +348.8%
The width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.
Net income per share¥24.30
Financial position at period-end
Total assets638,949¥ million
of which net assets 494,531 ¥ millionEquity ratio 77.2%vs. prior year-end -0.3pt
塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.
Cash inflows and outflows
Operating+16,259
Investment-5,908
Financials-394
Net change+9,957
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Cash and cash equivalents at end of period¥120,913 million
Segment revenue
Musical instruments77,68466.8%
Audio equipment34,95030.0%
Other3,7003.2%
Segment profit
Musical instruments6,45169.5%
Audio equipment2,82030.4%
Other170.2%
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥490,000 million (YoY +5.3%)
Operating profit¥42,500 million (YoY +45.2%)
Ordinary income¥43,500 million (profit before tax) (YoY +23.3%)
Net income¥31,000 million (profit attributable to owners of the parent) (YoY +30.7%)
Revision to Earnings ForecastNet Sales ¥490,000 million → ¥490,000 million（0.0%） / Operating profit ¥38,000 million → ¥42,500 million（+11.8%） / Ordinary income ¥39,000 million (profit before tax) → ¥43,500 million (profit before tax)（+11.5%） / Net income ¥28,000 million (profit attributable to owners of the parent) → ¥31,000 million (profit attributable to owners of the parent)（+10.7%）
Annual Dividend Forecast¥26 → ¥26（0.0%）
Factors Behind Changes in Business Performance
The ¥4,266 million U.S. tariff refund was recorded as other income. For a detailed analysis of segment performance and other matters, the company stated that readers should refer to the separately published earnings overview materials.
Disclosure regarding the going concern assumption
Not applicable.
Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 Not disclosed
Changes in the scope of consolidationNew 0 companies / Excluded 0 companies / Company name None
Material subsequent eventsThere are no significant subsequent events requiring disclosure.
Breakdown of extraordinary income (loss)Not disclosed (IFRS does not provide a separate line item for extraordinary income or losses; the ¥4,266 million U.S. tariff refund was recorded as other income)
Depreciation and amortization¥5,365 million (depreciation and amortization)
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (for securities analysts and institutional investors)
Issued Shares at Period-End463,000,000
Treasury Shares at Period-End23,103,456
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | IFRS |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 June 2026 |
| Net Sales | ¥116,335 million (YoY +12.0%) |
| Operating profit | ¥13,791 million (YoY +200.5%) |
| Ordinary income | ¥14,780 million (profit before tax for the quarter) (YoY +290.2%) |
| Profit attributable to owners of the parent | ¥10,690 million (YoY +348.8%) |
| Net income per share | ¥24.30 |
| Equity ratio | End of the current fiscal period 77.2 / End of previous period 77.5 |
| Total assets | ¥638,949 million |
| Net assets | ¥494,531 million (total equity) |
| Cash flows from operating activities | ¥16,259 million |
| Cash flows from investing activities | ¥-5,908 million |
| Cash flows from financing activities | ¥-394 million |
| Cash and cash equivalents at end of period | ¥120,913 million |
| Full-year earnings forecast | Net Sales ¥490,000 million (YoY +5.3%) / Operating profit ¥42,500 million (YoY +45.2%) / Ordinary income ¥43,500 million (profit before tax) (YoY +23.3%) / Net income ¥31,000 million (profit attributable to owners of the parent) (YoY +30.7%) |
| Revision to Earnings Forecast | Net Sales ¥490,000 million → ¥490,000 million（0.0%） / Operating profit ¥38,000 million → ¥42,500 million（+11.8%） / Ordinary income ¥39,000 million (profit before tax) → ¥43,500 million (profit before tax)（+11.5%） / Net income ¥28,000 million (profit attributable to owners of the parent) → ¥31,000 million (profit attributable to owners of the parent)（+10.7%） |
| Annual Dividend Forecast | ¥26 → ¥26（0.0%） |
| Segment revenue | Musical instruments ¥77,684 million / Audio equipment ¥34,950 million / Other ¥3,700 million |
| Segment profit | Musical instruments ¥6,451 million / Audio equipment ¥2,820 million / Other ¥17 million |
| Depreciation and amortization | ¥5,365 million (depreciation and amortization) |
| Breakdown of extraordinary income (loss) | Not disclosed (IFRS does not provide a separate line item for extraordinary income or losses; the ¥4,266 million U.S. tariff refund was recorded as other income) |
| Disclosure regarding the going concern assumption | Not applicable. |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement Not disclosed |
| Changes in the scope of consolidation | New 0 companies / Excluded 0 companies / Company name None |
| Material subsequent events | There are no significant subsequent events requiring disclosure. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Available (for securities analysts and institutional investors) |
| Issued Shares at Period-End | 463,000,000 |
| Treasury Shares at Period-End | 23,103,456 |
| Factors Behind Changes in Business Performance | The ¥4,266 million U.S. tariff refund was recorded as other income. For a detailed analysis of segment performance and other matters, the company stated that readers should refer to the separately published earnings overview materials. |
Items this document does not state (6)
Operating MarginPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogImpairment loss
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 explained that it revised its full-year earnings forecasts based on results for the cumulative first quarter and the outlook ahead. In addition, following the ruling that U.S. tariffs were invalid, ¥4,266 million in tariff refunds that had been completed or finalized was recorded as other income.
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.