Worth reading
64In 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
4106
¥ million (year-on-year increase in revenue)Wording
Conditional
How definitive the wording is.Contents of this document
Financial Results PresentationSecond quarter of the fiscal year ending September 202610 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales21,482 Millions of yen+23.6%
Operating profit3,127 Millions of yen+124.0%
Ordinary income3,332 Millions of yen+123.6%
Net income2,186 Millions of yen+154.6%
Gross Profit Margin45.1 %
Operating profit margin14.6 %
Full-year earnings forecast
Net Sales
39,000 Millions of yen
Operating profit
3,600 Millions of yen
Ordinary income
3,700 Millions of yen
Net income for the current fiscal year
2,600 Millions of yen
Operating profit margin
9.2 %
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Revenue and operating profit are both tracking significantly above the initial planBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Impact of higher revenue1,446 Millions of yen
- Increase in Gross Profit Margin408 Millions of yen
- Earnings contribution from M&A360 Millions of yen
- Higher personnel expenses-360 Millions of yen
- Higher other SG&A expenses-123 Millions of yen
New initiatives
- Introduction of a Shareholder Benefit Program
- Introduction of IQM's quantum computer, IQM Radiance
- Distribution agreement with Raptor Photonics and launch of sales of high-sensitivity imaging cameras
- Organizational changes to strengthen the defense business
Key KPIsA metric the company considers important as a management benchmark.
- Orders received20,733 Millions of yen-14.1%
- Order backlog23,876 Millions of yen+0.4%
- DOE5% or more
Segment results
- Advanced MobilityNet Sales5,037 Millions of yen (YoY +24.8%)Segment profit1,150 Millions of yen (YoY +138.4%)
- Decarbonization and EnergyNet Sales3,576 Millions of yen (YoY -0.6%)Segment profit884 Millions of yen (YoY +1.0%)
- Information and Communications/Information SecurityNet Sales5,220 Millions of yen (YoY +19.3%)Segment profit879 Millions of yen (YoY +33.6%)
- EMC/Large AntennasNet Sales3,345 Millions of yen (YoY +43.0%)Segment profit497 Millions of yen (YoY +617.8%)
- Other businessesNet Sales4,302 Millions of yen (YoY +42.1%)Segment profit573 Millions of yen (YoY +4,117.5%)
Medium-term management plan targets
Target fiscal yearFiscal year ending September 2027
Net Sales¥45 billion plus M&A
Operating profit¥4.5 billion
ROE11%
Financial targets
ROE
Target value11%
Orders received and order backlog
Orders received
20,733 Millions of yen
Order backlog
23,876 Millions of yen
Annual Dividend
Annual¥70 (planned)
Interim¥30
End of period¥40 (planned)
Acquisition of treasury shares
Further consideration will be given as appropriate, taking into account the balance with growth investments| Item | Details |
|---|---|
| Document type | Financial Results Presentation |
| Fiscal Period Covered | Second quarter of the fiscal year ending September 2026 |
| Net Sales | 21,482 Millions of yen (YoY +23.6%) |
| Operating profit | 3,127 Millions of yen (YoY +124.0%) |
| Ordinary income | 3,332 Millions of yen (YoY +123.6%) |
| Net income | 2,186 Millions of yen (YoY +154.6%) |
| Gross Profit Margin | 45.1 % |
| Operating profit margin | 14.6 % |
| Full-year earnings forecast | Net Sales 39,000 Millions of yen / Operating profit 3,600 Millions of yen / Ordinary income 3,700 Millions of yen / Net income for the current fiscal year 2,600 Millions of yen / Operating profit margin 9.2 % |
| Self-assessment against the plan | Revenue and operating profit are both tracking significantly above the initial plan |
| Segment results | Segment Advanced Mobility / Net Sales 5,037 Millions of yen (YoY +24.8%) / Segment profit 1,150 Millions of yen (YoY +138.4%), Segment Decarbonization and Energy / Net Sales 3,576 Millions of yen (YoY -0.6%) / Segment profit 884 Millions of yen (YoY +1.0%), Segment Information and Communications/Information Security / Net Sales 5,220 Millions of yen (YoY +19.3%) / Segment profit 879 Millions of yen (YoY +33.6%), Segment EMC/Large Antennas / Net Sales 3,345 Millions of yen (YoY +43.0%) / Segment profit 497 Millions of yen (YoY +617.8%), Segment Other businesses / Net Sales 4,302 Millions of yen (YoY +42.1%) / Segment profit 573 Millions of yen (YoY +4,117.5%) |
| Breakdown of Factors Affecting the Change | Factors Impact of higher revenue / Amount 1,446 Millions of yen, Factors Increase in Gross Profit Margin / Amount 408 Millions of yen, Factors Earnings contribution from M&A / Amount 360 Millions of yen, Factors Higher personnel expenses / Amount -360 Millions of yen, Factors Higher other SG&A expenses / Amount -123 Millions of yen |
| Key KPIs | Orders received 20,733 Millions of yen (YoY -14.1%), Order backlog 23,876 Millions of yen (YoY +0.4%), DOE 5% or more |
| Medium-term management plan targets | Target fiscal year Fiscal year ending September 2027 / Net Sales ¥45 billion plus M&A / Operating profit ¥4.5 billion / ROE 11% |
| Financial targets | ROE Target value 11% / Actual value Not disclosed |
| Annual Dividend | Annual ¥70 (planned) / Interim ¥30 / End of period ¥40 (planned) |
| Acquisition of treasury shares | Further consideration will be given as appropriate, taking into account the balance with growth investments |
| Orders received and order backlog | Orders received 20,733 Millions of yen / Order backlog 23,876 Millions of yen |
| New initiatives | Introduction of a Shareholder Benefit Program, Introduction of IQM's quantum computer, IQM Radiance, Distribution agreement with Raptor Photonics and launch of sales of high-sensitivity imaging cameras, Organizational changes to strengthen the defense business |
Items this document does not state (12)
Selling, general and administrative expensesResults for the three months of the current quarterProgress against full-year forecastUnit price and quantity metricsNumber of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookPayout ratioCapital expendituresMarket 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 benefited from the recognition of projects carried over from the previous fiscal year and projects originally scheduled for the second half that were brought forward, growth in the Advanced Mobility, EMC/Large Antennas, and Defense/Maritime businesses, and the new consolidation of ソニックガード社. Operating profit benefited from higher revenue, an increase in the gross profit margin, and the earnings contribution from M&A.
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.
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