Worth reading
36Immaterial
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Deterioration
Direction inferred from the company’s description.Scale
38
Year-on-year decrease in revenue (%)Wording
Conditional
How definitive the wording is.Contents of this document
Presentation materials for financial resultsFiscal year ending March 20266 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥20,892 million-38.0%
Operating profit¥1,883 million-70.6%
Ordinary income¥2,388 million-64.8%
Net income¥1,712 million-63.7%
Results for the three months of the current quarter
Net Sales
¥3,705 million
Operating profit
¥21 million
Segment revenue
Electronics Business
¥2,510 million
Sports business
¥1,121 million
Real Estate Business
¥73 million
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Impact of sales¥-12,814 million
- Impact of cost of sales¥8,104 million
- Impact of SG&A expenses¥194 million
New initiatives
- Providing products that combine high quality with low cost
- Proposing solutions to customers' challenges
- Launch of LIN-Q PowerCore BLUE
- Remote-driving demonstration of an autonomous mower equipped with I-GINS at the Japan Turf Show
Key KPIsA metric the company considers important as a management benchmark.
- Sales mix ratio (electronics equipment business)76.4 %
- Sales mix ratio (sports business)22.5 %
- Sales mix ratio (real estate business)1.1 %
- Japan Turf Show attendance4,500 Approximately 4,500 people
Segment results
Electronics Business
Net Sales
¥15,952 million
Year-on-year (%)-40.4
Sports business
Net Sales
¥4,703 million
Year-on-year (%)-13
Real Estate Business
Net Sales
¥237 million
Year-on-year (%)-84.6
Annual Dividend
Annual dividend per share
¥50
Payout ratio
30.5% (planned for the fiscal year ending March 2026), 43.5% (forecast for the fiscal year ending March 2027)| Item | Details |
|---|---|
| Document type | Presentation materials for financial results |
| Fiscal Period Covered | Fiscal year ending March 2026 |
| Net Sales | ¥20,892 million (YoY -38.0%) |
| Operating profit | ¥1,883 million (YoY -70.6%) |
| Ordinary income | ¥2,388 million (YoY -64.8%) |
| Net income | ¥1,712 million (YoY -63.7%) |
| Results for the three months of the current quarter | Net Sales ¥3,705 million / Operating profit ¥21 million / Segment revenue Electronics Business ¥2,510 million / Sports business ¥1,121 million / Real Estate Business ¥73 million |
| Segment results | Electronics Business Net Sales ¥15,952 million / Year-on-year (%) -40.4 / Sports business Net Sales ¥4,703 million / Year-on-year (%) -13 / Real Estate Business Net Sales ¥237 million / Year-on-year (%) -84.6 |
| Breakdown of Factors Affecting the Change | Factors Impact of sales / Amount ¥-12,814 million, Factors Impact of cost of sales / Amount ¥8,104 million, Factors Impact of SG&A expenses / Amount ¥194 million |
| Key KPIs | Indicator name Sales mix ratio (electronics equipment business) / Value 76.4 % / Year on year against the same period last year Not disclosed, Indicator name Sales mix ratio (sports business) / Value 22.5 % / Year on year against the same period last year Not disclosed, Indicator name Sales mix ratio (real estate business) / Value 1.1 % / Year on year against the same period last year Not disclosed, Indicator name Japan Turf Show attendance / Value 4,500 Approximately 4,500 people / Year on year against the same period last year Not disclosed |
| Annual Dividend | Annual dividend per share ¥50 / Interim and Year-End Breakdown Not disclosed |
| Payout ratio | 30.5% (planned for the fiscal year ending March 2026), 43.5% (forecast for the fiscal year ending March 2027) |
| New initiatives | Providing products that combine high quality with low cost, Proposing solutions to customers' challenges, Launch of LIN-Q PowerCore BLUE, Remote-driving demonstration of an autonomous mower equipped with I-GINS at the Japan Turf Show |
Items this document does not state (18)
Gross Profit MarginOperating profit marginSelling, general and administrative expensesFull-year earnings forecastProgress 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 targetsFinancial targetsAcquisition of treasury sharesCapital expendituresOrders 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.The primary factor was the end of special demand related to the banknote redesign. Other factors behind the decline in sales included lower OEM production for major club manufacturers in the sports business, a sluggish US golf equipment market due to US tariff policy and product price increases, and the absence of large-scale real estate sales in the real estate business.
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.