Worth reading
47Recurring
Scored from 4 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
2000
¥ millionWording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedIFRSNet Sales237,873¥ millionYear on year +9.9%Progress 48.5%
Operating profit26,771¥ millionYear on year +114.6%Progress 60.2%
Ordinary income26,235¥ millionYear on year +84.6%Progress 60.3%
Net income attributable to owners of the parent18,670¥ millionYear on year +91.4%Progress 60.2%
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¥42.44
Financial position at period-end
Total assets654,912¥ million
of which net assets 506,628 ¥ millionEquity ratio 77.1%vs. prior year-end -0.4pt
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+31,278
Investment+12,344
Financials-3,758
Net change+39,864
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¥147,845 million
Segment revenueMusical instruments ¥159,509 million (YoY +13.6%), Audio equipment ¥70,789 million (YoY +4.6%), Other ¥7,574 million (YoY -8.6%)
Segment profitMusical instruments ¥15,361 million (YoY +99.8%), Audio equipment ¥6,993 million (YoY +30.2%), Other ¥-67 million (YoY +74.4%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥490,000 million (YoY +5.3%)
Operating profit¥44,500 million (YoY +52.0%)
Ordinary income¥43,500 million (YoY +23.3%)
Net income¥31,000 million (YoY +30.7%)
Revision to Earnings ForecastNet Sales ¥490,000 million → ¥490,000 million（0.0%） / Business profit ¥38,000 million → ¥40,000 million（5.3%） / Operating profit ¥42,500 million → ¥44,500 million（4.7%） / Profit before tax ¥43,500 million → ¥43,500 million（0.0%） / Profit for the period attributable to owners of the parent ¥31,000 million → ¥31,000 million（0.0%）
Annual Dividend Forecast¥26 → ¥26（0.0%）
Factors Behind Changes in Business Performance
For an analysis of results for the interim period, the company referred readers to separately published materials. It also recorded ¥4,280 million in US tariff refunds as other income.
Disclosure regarding the going concern assumption
Not applicable (Note on going concern: No applicable matters)
Change in accounting policy
基準改正に伴う変更 Noneそれ以外の変更 None見積りの変更 None修正再表示 Not disclosed
Changes in the scope of consolidationNewly included: 0 companies; excluded: 0 companies (material change in the scope of consolidation during the interim period: none)
Material subsequent eventsNot applicable
Breakdown of extraordinary income (loss)Other income—US tariff refunds ¥4,280 million
Depreciation and amortization¥10,697 million
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-End23,103,659
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | IFRS |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 September 2026 |
| Net Sales | ¥237,873 million (YoY +9.9%) |
| Operating profit | ¥26,771 million (YoY +114.6%) |
| Ordinary income | ¥26,235 million (YoY +84.6%) |
| Profit attributable to owners of the parent | ¥18,670 million (YoY +91.4%) |
| Net income per share | ¥42.44 |
| Equity ratio | End of the current fiscal period 77.1 / End of previous period 77.5 |
| Total assets | ¥654,912 million |
| Net assets | ¥506,628 million |
| Cash flows from operating activities | ¥31,278 million |
| Cash flows from investing activities | ¥12,344 million |
| Cash flows from financing activities | ¥-3,758 million |
| Cash and cash equivalents at end of period | ¥147,845 million |
| Full-year earnings forecast | Net Sales ¥490,000 million (YoY +5.3%) / Operating profit ¥44,500 million (YoY +52.0%) / Ordinary income ¥43,500 million (YoY +23.3%) / Net income ¥31,000 million (YoY +30.7%) |
| Revision to Earnings Forecast | Net Sales ¥490,000 million → ¥490,000 million（0.0%） / Business profit ¥38,000 million → ¥40,000 million（5.3%） / Operating profit ¥42,500 million → ¥44,500 million（4.7%） / Profit before tax ¥43,500 million → ¥43,500 million（0.0%） / Profit for the period attributable to owners of the parent ¥31,000 million → ¥31,000 million（0.0%） |
| Annual Dividend Forecast | ¥26 → ¥26（0.0%） |
| Segment revenue | Musical instruments ¥159,509 million (YoY +13.6%), Audio equipment ¥70,789 million (YoY +4.6%), Other ¥7,574 million (YoY -8.6%) |
| Segment profit | Musical instruments ¥15,361 million (YoY +99.8%), Audio equipment ¥6,993 million (YoY +30.2%), Other ¥-67 million (YoY +74.4%) |
| Depreciation and amortization | ¥10,697 million |
| Breakdown of extraordinary income (loss) | Other income—US tariff refunds ¥4,280 million |
| Disclosure regarding the going concern assumption | Not applicable (Note on going concern: No applicable matters) |
| Change in accounting policy | Changes due to revisions to standards None / Other changes None / Change in accounting estimate None / Restatement Not disclosed |
| Changes in the scope of consolidation | Newly included: 0 companies; excluded: 0 companies (material change in the scope of consolidation during the interim period: none) |
| Material subsequent events | Not applicable |
| 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 | 23,103,659 |
| Factors Behind Changes in Business Performance | For an analysis of results for the interim period, the company referred readers to separately published materials. It also recorded ¥4,280 million in US tariff refunds as other income. |
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 stated that it revised its full-year earnings forecast based on results for the interim consolidated accounting period and its outlook going forward.
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.