Worth reading
54Recurring
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
-18.4
¥100 million (year-on-year decrease in operating profit)Wording
Conditional
How definitive the wording is.Contents of this document
Financial results presentationSecond quarter of the fiscal year ending March 20277 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥8,098 million-38.7%
Operating profit¥95 million-95.1%
Ordinary income¥523 million-75.9%
Net income¥410 million-73.9%
Selling, general and administrative expensesUp 11.3% year on year, with an approximately ¥200 million negative impact on operating profit
Results for the three months of the current quarter
Net Sales
¥4,068 million
Operating profit
¥95 million
Segment revenue
Electronics business
¥2,598 million
Sports Business
¥1,371 million
Real Estate Business
¥98 million
Full-year earnings forecast
Net Sales
¥17,000 million
Operating profit
¥900 million
Ordinary income
¥1,500 million
Profit attributable to owners of the parent
¥1,700 million
Progress against full-year forecast 通期の予想に対して、いまどこまで進んだかの割合です。
Net Sales47.6%
Operating profit10.6%
Ordinary income34.9%
Profit attributable to owners of the parent24.1%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Revenue is generally progressing smoothly. Operating profit is at 10.6% of the full-year plan, due in part to the impact of lower revenue and higher selling, general and administrative expenses. Ordinary profit is at 34.9% of the plan, supported by gains from the investment of funds contributed to the mega-solar power business.Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Impact of sales¥-5,117 million
Impact of cost of sales¥3,503 million
Impact of SG&A expenses¥-229 million
Change in operating profit¥-1,843 million
New initiatives
- Launch of the golf shaft product “ATTAS RX PUREBLUE”
- Development of an education system through the operation of the Asian Skill Development Japanese Language School
- Expanding participation in new exhibitions in Japan and overseas
Key KPIsA metric the company considers important as a management benchmark.
- Sales mix ratio (electronics equipment business)66.2 %
- Sales mix ratio (sports business)31.7 %
- Sales mix ratio (real estate business)2.1 %
- Number of students enrolled at the Asian Skill Development Japanese Language School150 people
Segment results
Electronics business
Net Sales
¥5,363 million
Year on year against the same period last year-49.6%
Sports Business
Net Sales
¥2,565 million
Year on year against the same period last year+3.6%
Real Estate Business
Net Sales
¥169 million
Year on year against the same period last year+60.3%
Annual Dividend
Annual dividend per share¥50
BreakdownForecast year-end dividend of ¥50
Payout ratio
43.5 %
| Item | Details |
|---|---|
| Document type | Financial results presentation |
| Fiscal Period Covered | Second quarter of the fiscal year ending March 2027 |
| Net Sales | ¥8,098 million (YoY -38.7%) |
| Operating profit | ¥95 million (YoY -95.1%) |
| Ordinary income | ¥523 million (YoY -75.9%) |
| Net income | ¥410 million (YoY -73.9%) |
| Selling, general and administrative expenses | Up 11.3% year on year, with an approximately ¥200 million negative impact on operating profit |
| Results for the three months of the current quarter | Net Sales ¥4,068 million / Operating profit ¥95 million / Segment revenue Electronics business ¥2,598 million / Sports Business ¥1,371 million / Real Estate Business ¥98 million |
| Full-year earnings forecast | Net Sales ¥17,000 million / Operating profit ¥900 million / Ordinary income ¥1,500 million / Profit attributable to owners of the parent ¥1,700 million |
| Progress against full-year forecast | Net Sales 47.6% / Operating profit 10.6% / Ordinary income 34.9% / Profit attributable to owners of the parent 24.1% |
| Self-assessment against the plan | Revenue is generally progressing smoothly. Operating profit is at 10.6% of the full-year plan, due in part to the impact of lower revenue and higher selling, general and administrative expenses. Ordinary profit is at 34.9% of the plan, supported by gains from the investment of funds contributed to the mega-solar power business. |
| Segment results | Electronics business Net Sales ¥5,363 million / yoy_pct -49.6 / Sports Business Net Sales ¥2,565 million / yoy_pct 3.6 / Real Estate Business Net Sales ¥169 million / yoy_pct 60.3 |
| Breakdown of Factors Affecting the Change | Impact of sales ¥-5,117 million / Impact of cost of sales ¥3,503 million / Impact of SG&A expenses ¥-229 million / Change in operating profit ¥-1,843 million |
| Key KPIs | Indicator name Sales mix ratio (electronics equipment business) / Value 66.2 % / Year on year against the same period last year Not disclosed, Indicator name Sales mix ratio (sports business) / Value 31.7 % / Year on year against the same period last year Not disclosed, Indicator name Sales mix ratio (real estate business) / Value 2.1 % / Year on year against the same period last year Not disclosed, Indicator name Number of students enrolled at the Asian Skill Development Japanese Language School / Value 150 people / Year on year against the same period last year Not disclosed |
| Annual Dividend | Annual dividend per share ¥50 / Breakdown Forecast year-end dividend of ¥50 |
| Payout ratio | Value 43.5 % |
| New initiatives | Launch of the golf shaft product “ATTAS RX PUREBLUE”, Development of an education system through the operation of the Asian Skill Development Japanese Language School, Expanding participation in new exhibitions in Japan and overseas |
Items this document does not state (14)
Gross Profit MarginOperating profit marginUnit 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.Revenue declined as demand for redesigned banknotes, which had continued through the same period of the previous year, came to an end. Rising raw material and logistics costs, along with higher selling, general and administrative expenses, also weighed on operating profit. Gains from the investment of funds contributed to the mega-solar power business were a positive factor for ordinary profit.
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.