Worth reading
73In focus
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
1186
¥ million (year-on-year increase in operating profit)Wording
Conditional
How definitive the wording is.Contents of this document
Earnings presentationFiscal year ending March 2027, second quarter (first half)13 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net SalesAmount not stated+15.0%
Operating profitAmount not stated+128.7%
Full-year earnings forecast
Net Sales
128,000 million yen
Operating profit
4,000 million yen
Ordinary income
4,000 million yen
Net income for the current fiscal year
2,800 million yen
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Exceeds all revised earnings forecastsBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Increase in operating profit
1,186 million yen
Factors
- Increase in revenue
- Margin Improvement
- Decrease in selling, general and administrative expenses
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Based on uncertainty surrounding labor shortages and soaring material costs, among other factors; figures are Not disclosedNew initiatives
- Investment in growth areas and human capital
- ERP System Investment
- Considering growth investments, including M&A
- Consideration of Share Repurchases
- Consideration of a stock split
- Introduction of an employee share-based compensation plan
- Acquisition of naming rights for a skating center
Key KPIsA metric the company considers important as a management benchmark.
- Equity ratio49.8 %Year on year against the same period last year+3.4 percentage points vs. the end of the previous fiscal year
- PBR0.73 xYear on year against the same period last yearUnchanged
- ROEForecast to be +1% vs. the end of the previous fiscal year
- Stock price indexOn an upward trend
Segment results
Electrical equipment-related
Net Sales
18,963 million yen
Segment profit
1,174 million yen
Machinery-related
Net Sales
4,270 million yen
Segment profit
99 million yen
Construction and energy-related
Net Sales
29,591 million yen
Segment profit
407 million yen
Shipping-related
Net Sales
8,684 million yen
Segment profit
420 million yen
Medium-term management plan targets
Operating profit
4,000 million yen
Target fiscal yearFiscal year ending March 2027
Net income for the current fiscal year
2,800 million yen
Target fiscal yearFiscal year ending March 2027
ROE
10 %
Target fiscal yearFiscal year ending March 2027
Payout ratio
At least 30%
Target fiscal yearFiscal year ending March 2027
Financial targets
PBR
Target value1 x
Actual value0.73 x
ROE
Target value10 %
Actual valueForecast to be +1% vs. the end of the previous fiscal year
Equity ratio
Actual value49.8 %
Change from the end of the previous fiscal year+3.4 percentage points
Number of employees
Consolidated740 people
Non-consolidated421 people
Record date31 March 2026
Capital expenditures
¥26 100 million
Annual Dividend
Annual dividend amount¥160 /share
Payout ratio
Rate30% or more (target)
Actual resultsExpected to be achieved
Acquisition of treasury shares
¥5 100 million
PeriodPeriod covered by the medium-term management plan (April 2024 to March 2027)
StatusConsideration
| Item | Details |
|---|---|
| Document type | Earnings presentation |
| Fiscal Period Covered | Fiscal year ending March 2027, second quarter (first half) |
| Net Sales | 非開示 (YoY +15.0%) |
| Operating profit | 非開示 (YoY +128.7%) |
| Full-year earnings forecast | Net Sales 128,000 million yen / Operating profit 4,000 million yen / Ordinary income 4,000 million yen / Net income for the current fiscal year 2,800 million yen |
| Self-assessment against the plan | Exceeds all revised earnings forecasts |
| Segment results | Electrical equipment-related Net Sales 18,963 million yen / Segment profit 1,174 million yen / Machinery-related Net Sales 4,270 million yen / Segment profit 99 million yen / Construction and energy-related Net Sales 29,591 million yen / Segment profit 407 million yen / Shipping-related Net Sales 8,684 million yen / Segment profit 420 million yen |
| Breakdown of Factors Affecting the Change | Increase in operating profit 1,186 million yen / Factors Increase in revenue, Margin Improvement, Decrease in selling, general and administrative expenses |
| Key KPIs | Indicator name Equity ratio / Value 49.8 % / Year on year against the same period last year +3.4 percentage points vs. the end of the previous fiscal year, Indicator name PBR / Value 0.73 x / Year on year against the same period last year Unchanged, Indicator name ROE / Value Forecast to be +1% vs. the end of the previous fiscal year / Year on year against the same period last year Not disclosed, Indicator name Stock price index / Value On an upward trend / Year on year against the same period last year Not disclosed |
| Number of employees | Consolidated 740 people / Non-consolidated 421 people / Record date 31 March 2026 |
| Assumptions Underlying the Business Outlook | Based on uncertainty surrounding labor shortages and soaring material costs, among other factors; figures are Not disclosed |
| Medium-term management plan targets | Operating profit 4,000 million yen / Net income for the current fiscal year 2,800 million yen / ROE 10 % / Payout ratio At least 30% |
| Financial targets | PBR Target value 1 x / Actual value 0.73 x / ROE Target value 10 % / Actual value Forecast to be +1% vs. the end of the previous fiscal year / Equity ratio Actual value 49.8 % / Change from the end of the previous fiscal year +3.4 percentage points |
| Annual Dividend | Annual dividend amount ¥160 /share / Interim Not disclosed / End of period Not disclosed |
| Payout ratio | Rate 30% or more (target) / Actual results Expected to be achieved |
| Acquisition of treasury shares | Amount ¥5 100 million / Period Period covered by the medium-term management plan (April 2024 to March 2027) / Status Consideration |
| Capital expenditures | ¥26 100 million |
| New initiatives | Investment in growth areas and human capital, ERP System Investment, Considering growth investments, including M&A, Consideration of Share Repurchases, Consideration of a stock split, Introduction of an employee share-based compensation plan, Acquisition of naming rights for a skating center |
Items this document does not state (13)
Ordinary incomeNet incomeGross Profit MarginOperating profit marginSelling, general and administrative expensesResults for the three months of the current quarterProgress against full-year forecastUnit price and quantity metricsNumber of stores and locationsRisk amount incorporated into the outlookOrders 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.Infrastructure investment, including data centers, and demand related to generative AI and semiconductors expanded. The electrical equipment-related business performed particularly well, while higher net sales, improved profit margins and lower selling, general and administrative expenses also boosted operating 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.