Komori
Moonbat (8115) · TargetTargets for net sales and operating profit under the medium-term management plan were not achieved, while ROE and the dividend payout ratio exceeded the benchmarks.Latest Revision to earnings forecast (2026-11-13): "Softened"

Building a corporate foundation capable of maintaining stable earnings

First written in FY2016. 18 of 32 entries say "Restated". Latest entry: 2026-11-13.

32entries
11years
3from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY2018-Q3RestatedFY2019-Q1 – FY2023-Q1AdvancedFY2023-Q2 – FY2026-H12016: 120162017: 120172018: 420182019: 320192020: 420202021: 420212022: 320222023: 320232024: 320242025: 220252026: 42026
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Full recordFilings, disclosures and news, newest first
  1. FY2026Targets for net sales and operating profit under the medium-term management plan were not achieved, while ROE and the dividend payout ratio exceeded the benchmarks.Annual report

    「The group has set the following performance targets and management indicators under the Medium-Term Management Plan [fiscal years 2024-2026] and will work to realize its management philosophy and policies. Net sales ¥12.5 billion Operating profit ¥700 million Operating margin At least 5% Dividend payout ratio At least 40% ROE At least 10% ROIC At least 8%」

    Against the final-year targets, consolidated net sales were ¥11,933 million and operating profit was ¥612 million, below the net sales and operating profit targets. ROE was 10.09% and the dividend payout ratio was 48.89%, exceeding the stated thresholds.
  2. 2026-05-14OtherResults

    「当社グループは、2025年3月期から2027年3月期までの「中期経営計画」を策定し、成長戦略として、「専門店マーケットへの商品開発及びマーケティングの強化」、「直営店・小売事業の拡大に向けた新たな店舗戦略の展開」、「Eコマース事業の更なる拡大」、「国内外の新規販路開拓」の4つの施策を実行しております。」

    中期経営計画の4施策を継続している一方、通期売上高・営業利益は前年実績を下回った。
  3. FY2026-H1AdvancedAnnual report

    「Under the steady execution of the Medium-Term Management Plan, the group's sales initiatives responding to the extreme heat that continued from the previous year, particularly its strengthened approach to product development and marketing for specialty store and e-commerce markets, proved effective. Sales of spring and summer products therefore progressed strongly, and net sales exceeded the same period of the previous year. Profit margins improved through the optimization of product and personnel allocation, the promotion of full-price sales and other measures, as well as the yen's appreciation against the same period of the previous year. Profit and loss consequently exceeded the same period of the previous year after absorbing increases in sales-related expenses and personnel expenses associated with human capital investment accompanying higher sales.」

    Under the execution of the Medium-Term Management Plan, the company advanced sales initiatives, product development for specialty stores and e-commerce, optimization of personnel allocation and promotion of full-price sales, resulting in sales and profit and loss exceeding the same period of the previous year.
  4. FY2025AdvancedAnnual report

    「The group has set the following performance targets and management indicators under the Medium-Term Management Plan [fiscal years 2024-2026] and will work to realize its management philosophy and policies.」

    The targets for fiscal 2026 are net sales of ¥12.5 billion, operating profit of ¥700 million, an operating margin of 5%, a dividend payout ratio of at least 40%, ROE of at least 10% and ROIC of at least 8%. In the current fiscal year, the company recorded operating profit of ¥702 million and ROE of 11.10%.
  5. FY2025-H1AdvancedAnnual report

    「Under the steady execution of the Medium-Term Management Plan, sales at the group's spring and summer product lines through each sales channel progressed strongly as a result of sales initiatives responding to the extreme heat, and net sales exceeded the same period of the previous year. Although sustained increases in raw material prices and the yen's depreciation led to higher purchase prices, improved margins resulting from measures including the promotion of full-price sales proved effective. Profit and loss also exceeded the same period of the previous year after absorbing increases in sales-related expenses and personnel expenses associated with human capital investment accompanying higher sales.」

    Under the execution of the Medium-Term Management Plan, sales and profit exceeded the same period of the previous year, describing progress in performance toward establishing a stable earnings structure.
  6. FY2024AdvancedAnnual report

    「Under the management policy based on the First Medium-Term Management Plan, whose final year is the current fiscal year, the company continued to expand sales channels in growth areas such as specialty stores, and strengthen retail businesses including the e-commerce business and the directly operated retail business '+moonbat' (Plus Moonbat). As a result of also working to reduce inventories by curbing purchases of new products on an ongoing basis and optimizing selling, general and administrative expenses and other costs through structural reform, profit and loss substantially exceeded plan after absorbing the increase in sales-related expenses accompanying higher sales.」

    In the final year of the First Medium-Term Management Plan, the company expanded sales channels, strengthened its retail businesses, curbed purchases, reduced inventories and pursued structural reform. As a result, profit and loss substantially exceeded plan.
  7. FY2024-Q3AdvancedAnnual report

    「Under the management policy based on the First Medium-Term Management Plan, whose final year is the current fiscal year, the company continued to expand sales channels in growth areas such as specialty stores and mass-market retailers, and strengthen retail businesses including the e-commerce business and the directly operated retail business '+moonbat' (Plus Moonbat). As a result of also working to reduce inventories by curbing purchases of new products on an ongoing basis and optimizing selling, general and administrative expenses and other costs through structural reform, profit and loss substantially exceeded plan after absorbing the increase in sales-related expenses accompanying higher sales. Consolidated net sales were ¥8,306 million, up 14.7% year on year, consolidated operating profit was ¥530 million, up 366.8%, and consolidated ordinary profit was ¥539 million, up 214.9%. Inventories including products and raw materials also fell by ¥511 million year on year.」

    In the final year of the First Medium-Term Management Plan, the company expanded sales channels, strengthened its retail businesses, curbed purchases, reduced inventories and optimized selling, general and administrative expenses and other costs. As a result, profit and loss substantially exceeded plan, and inventories also fell by ¥511 million year on year.
  8. FY2024-Q2AdvancedAnnual report

    「Under the management policy based on the First Medium-Term Management Plan, whose final year is the current fiscal year, the company continued to expand sales channels in growth areas such as specialty stores and mass-market retailers, and strengthen retail businesses including the e-commerce business and the directly operated retail business '+moonbat' (Plus Moonbat). As a result of also working to reduce inventories by curbing purchases of new products on an ongoing basis and optimizing selling, general and administrative expenses and other costs through structural reform, profit and loss substantially exceeded plan after absorbing the increase in sales-related expenses accompanying higher sales. Inventories including products and raw materials also fell by ¥447 million year on year.」

    In the final year of the First Medium-Term Management Plan, the company strengthened growth-oriented sales channels and retail businesses, curbed purchases, reduced inventories and optimized selling, general and administrative expenses. Profit and loss substantially exceeded plan, while inventories also fell by ¥447 million year on year.
  9. FY2024-Q1AdvancedAnnual report

    「Under the management policy based on the First Medium-Term Management Plan, whose final year is the current fiscal year, the company continued to expand sales channels in growth areas such as specialty stores and mass-market retailers, and strengthen retail businesses including the e-commerce business and the directly operated retail business '+moonbat' (Plus Moonbat). As a result of also working to reduce inventories by curbing purchases of new products on an ongoing basis and cutting selling, general and administrative expenses and other costs through structural reform, inventories including products and raw materials fell by ¥574 million year on year, while profit and loss substantially exceeded plan after absorbing the increase in sales-related expenses accompanying higher sales.」

    In the final year of the First Medium-Term Management Plan, the company strengthened sales channels and retail businesses, curbed purchases, reduced inventories and cut selling, general and administrative expenses. As a result, inventories fell by ¥574 million year on year, and profit and loss substantially exceeded plan.
  10. FY2023-Q3AdvancedAnnual report

    「Under the management policy based on the First Medium-Term Management Plan formulated in the previous consolidated fiscal year, the company continued to expand sales channels in the specialty store and mass-market retail sectors, which are growth areas, and strengthen its retail businesses, including the e-commerce business and the directly operated retail business '+moonbat' (Plus Moonbat). As a result of also working to reduce inventories by curbing purchases of new products on an ongoing basis and cutting selling, general and administrative expenses and other costs through structural reform, inventories including products and raw materials fell by ¥421 million from the end of the previous consolidated fiscal year, while profit and loss progressed above plan, except for increases in certain variable costs accompanying higher sales.」

    As a result of continuing to strengthen growth-oriented sales channels and retail businesses, curb purchases, reduce inventories and cut selling, general and administrative expenses, inventories fell by ¥421 million from the end of the previous consolidated fiscal year, and profit and loss also progressed above plan. The disclosure describes concrete progress toward establishing a stable earnings structure.
  11. FY2023-Q2AdvancedAnnual report

    「As a result of curbing purchases of new products on an ongoing basis to reduce inventories and cutting selling, general and administrative expenses and other costs through structural reform, inventories, including products and raw materials, fell substantially from the end of the previous consolidated fiscal year. This contributed to an improvement in operating cash flow and absorbed the increase in cost of sales caused by soaring raw material prices and the yen's depreciation. The company recorded operating profit in the cumulative second quarter of the current consolidated fiscal year for the first time in 3 periods.」

    As a result of curbing purchases, reducing inventories and cutting selling, general and administrative expenses through structural reform, inventories and operating cash flow improved, and the company recorded operating profit for the first time in 3 periods. The disclosure describes concrete progress toward establishing a stable earnings structure.
  12. FY2023-Q1RestatedAnnual report

    「We are working to establish a stable earnings structure by curbing purchases of new products on an ongoing basis to reduce inventories, and by reviewing and reducing selling, general and administrative expenses and other costs through structural reform.」

    Continues the policy of establishing a stable earnings structure by curbing purchases of new products, reducing inventories and cutting selling, general and administrative expenses and other costs through structural reform.
  13. FY2022-Q3RestatedAnnual report

    「There were no material changes to the management policies, management strategies or other matters established by the Group during the cumulative consolidated third quarter under review.」

    The company reaffirms that there have been no material changes to its management policies or strategies.
  14. FY2022-Q2RestatedAnnual report

    「There were no significant changes during the second quarter cumulative consolidated period to the management policies, management strategies or other matters established by our group.」

    The company reaffirms that there have been no material changes to its management policies or strategies.
  15. FY2022-Q1RestatedAnnual report

    「There were no significant changes during the first quarter cumulative consolidated period to the management policies, management strategies or other matters established by our group.」

    The company reaffirms that there have been no material changes to its management policies or strategies.
  16. FY2021RestatedAnnual report

    「We will continue working to reduce costs through changes to production sites and reviews of raw materials and production methods, as well as to reduce expenses further. We will also rebuild our operating structure so that we can provide fresh products tailored to the market and secure profits consistently.」

    Continues the goal of rebuilding the operating structure to secure profits consistently through cost reductions, lower expenses and the provision of fresh products.
  17. FY2021-Q3RestatedAnnual report

    「There were no material changes to the management policies, management strategies or other matters established by the Group during the cumulative consolidated third quarter under review.」

    The company reaffirms that there have been no material changes to its management policies or strategies.
  18. FY2021-Q2RestatedAnnual report

    「There were no significant changes during the second quarter cumulative consolidated period to the management policies, management strategies or other matters established by our group.」

    We have reconfirmed that there have been no material changes to our existing management policies and strategies.
  19. FY2021-Q1RestatedAnnual report

    「There were no significant changes during the first quarter cumulative consolidated period to the management policies, management strategies or other matters established by our group.」

    States that there have been no material changes to the management policy, strategy or related matters, and that the existing policy aimed at building a stable earnings base is being continued.
  20. FY2020RestatedAnnual report

    「We will rebuild our operating structure so that we can provide fresh products tailored to the market and secure profits consistently.」

    Outlines a policy of rebuilding the operating structure to secure profits consistently, while continuing the goal of establishing a stable earnings base.
  21. FY2020-Q3RestatedAnnual report

    「There were no material changes to the management policies, management strategies or other matters established by the Group during the cumulative consolidated third quarter under review.」

    States that there have been no material changes to the management policy, strategy or related matters, and confirms the continuation of the existing policy aimed at building a stable earnings base.
  22. FY2020-Q2RestatedAnnual report

    「There were no significant changes during the second quarter cumulative consolidated period to the management policies, management strategies or other matters established by our group.」

    It states that there are no material changes to the management policies, management strategies or other related matters, confirming the continuation of the existing policies.
  23. FY2020-Q1RestatedAnnual report

    「There were no significant changes during the first quarter cumulative consolidated period to the management policies, management strategies or other matters established by our group.」

    States that there have been no material changes to the management policy, strategy or related matters, and confirms the continuation of the existing policy aimed at building a stable earnings base.
  24. FY2019-Q3RestatedAnnual report

    「There were no material changes to the management policies, management strategies or other matters established by the Group during the cumulative consolidated third quarter under review.」

    States that there have been no material changes to the management policy, strategy or related matters, and that the existing policy aimed at building a stable earnings base is being continued.
  25. FY2019-Q2RestatedAnnual report

    「There were no significant changes during the second quarter cumulative consolidated period to the management policies, management strategies or other matters established by our group.」

    States that there have been no material changes to the management policy, strategy or related matters, and confirms the continuation of the existing policy aimed at building a stable earnings base.
  26. FY2019-Q1RestatedAnnual report

    「There were no significant changes during the first quarter cumulative consolidated period to the management policies, management strategies or other matters established by our group.」

    States that there have been no material changes to the management policy, strategy or related matters, and that the existing policy aimed at building a stable earnings base is being continued.
  27. FY2018AdvancedAnnual report

    「As a result, the company established a structure that consistently maintains a gross profit margin above 40%. Inventories fell substantially from their peak to ¥2.7 billion, while interest-bearing debt, including borrowings and lease obligations, fell to ¥1.4 billion. The equity ratio also rose to 67%.」

    States that a structure consistently maintaining a gross profit margin above 40% has been established, and describes concrete progress in strengthening the corporate base through inventory reduction, interest-bearing debt reduction and a higher equity ratio.
  28. FY2018-Q3RestatedAnnual report

    「There were no material changes to the management policies, management strategies or other matters established by the Group during the cumulative consolidated third quarter under review.」

    It states that there are no material changes to the management policies, management strategies or other related matters, confirming the continuation of the existing policies.
  29. FY2018-Q2RestatedAnnual report

    「There were no significant changes during the second quarter cumulative consolidated period to the management policies, management strategies or other matters established by our group.」

    States that there have been no material changes to the management policy or strategy and that the existing management policy is being continued.
  30. FY2016First statedAnnual report

    「The company will work to build a corporate foundation capable of maintaining stable earnings by expanding its sales share through the provision of attractive products and by thoroughly improving management efficiency.」

    The company sets out the goal of building a corporate foundation capable of maintaining stable earnings through expanded sales share and improved management efficiency.
Moved together

"Declining Revenue and Earnings and Lower Profitability" moved the same way as this thread, in the same document, in 10 of its 32 moves.

1099877★123456
  1. ★This thread
  2. 1Declining Revenue and Earnings and Lower Profitability10×
  3. 2Yen depreciation and rising overseas production costs9×
  4. 3Reduction in interest-bearing debt and improvement in the equity ratio9×
  5. 4Improving asset efficiency through divisional management, inventory reduction and disposal of idle assets8×
  6. 5Business restructuring and structural reforms under the First Medium-Term Management Plan7×
  7. 6Mitigating the impact of the pandemic by curbing new procurement and implementing temporary furloughs7×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Moonbat yet. It last moved in the Revision to earnings forecast of 2026-11-13: "Softened".
News
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