Worth reading
42Recurring
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
10081
¥ millionWording
Conditional
How definitive the wording is.Results for this period
Full year1 April 2025–31 March 2026ConsolidatedJapanese GAAPOrdinary income29,031¥ millionYear on year +53.2%Progress 69.0%
Net income attributable to owners of the parent21,293¥ millionYear on year +13.7%Progress 74.7%
The width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.
Net income per share¥92.28
Financial position at period-end
Total assets7,669,084¥ million
of which net assets 509,025 ¥ millionEquity ratio 6.6%vs. prior year-end +0.7pt
塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.
Cash inflows and outflows
Operating+2,357
Investment+117,463
Financials-7,593
Net change+112,227
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Cash and cash equivalents at end of period¥1,010,649 million
Outlook and shareholder returns
Full-year earnings forecast
Net SalesNot disclosed
Operating profitNot disclosed
Ordinary income¥42,100 million (YoY +45.0%)
Net income¥28,500 million (YoY +33.8%)
Annual Dividend Forecast140 yen (actual for the fiscal year ended March 2026 is before the share split; forecast for the fiscal year ending March 2027 is after the share split) → 50 yen (actual for the fiscal year ended March 2026 is before the share split; forecast for the fiscal year ending March 2027 is after the share split)（-64.3%）
Payout ratioFiscal year ending March 2026 30.3% / Forecast for the fiscal year ending March 2027 40.3%
Shareholder Return PolicyThe payout ratio will be maintained at approximately 40%, while share repurchases will be conducted flexibly and opportunistically in light of the business environment, capital position and other factors.
Factors Behind Changes in Business Performance
The primary factor was the increase in fund investment income, mainly due to higher interest on loans and interest and dividends on securities. The primary factor behind the increase in ordinary expenses was the rise in other operating expenses, mainly due to higher losses on sales of Japanese government bonds and other bonds.
Disclosure regarding the going concern assumption
Not applicable.
Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Changes in the scope of consolidationNew Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed
Material subsequent eventsOn 17 April 2026, the company entered into a capital and business alliance agreement with Senshu Ikeda Holdings, Inc. The parties plan to acquire each other's shares, with the acquisition ratio expected to be approximately 0.5% to 1%, although the specific number of shares and acquisition method will be determined in the future. At present, the company believes the impact on consolidated results for the foreseeable future will be immaterial.
Impairment loss¥14 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on disposal of fixed assets ¥68 million / Extraordinary loss Losses on disposal of fixed assets ¥113 million, Impairment Losses ¥14 million
Depreciation and amortization¥2,663 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (for institutional investors and analysts)
Issued Shares at Period-End240,450,405
Treasury Shares at Period-End10,571,035
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2025–31 March 2026 |
| Ordinary income | ¥29,031 million (YoY +53.2%) |
| Profit attributable to owners of the parent | ¥21,293 million (YoY +13.7%) |
| Net income per share | ¥92.28 |
| Equity ratio | End of the current fiscal period 6.6% / End of previous period 5.9% |
| Total assets | ¥7,669,084 million |
| Net assets | ¥509,025 million |
| Cash flows from operating activities | ¥2,357 million |
| Cash flows from investing activities | ¥117,463 million |
| Cash flows from financing activities | ¥-7,593 million |
| Cash and cash equivalents at end of period | ¥1,010,649 million |
| Full-year earnings forecast | Net Sales Not disclosed / Operating profit Not disclosed / Ordinary income ¥42,100 million (YoY +45.0%) / Net income ¥28,500 million (YoY +33.8%) |
| Annual Dividend Forecast | 140 yen (actual for the fiscal year ended March 2026 is before the share split; forecast for the fiscal year ending March 2027 is after the share split) → 50 yen (actual for the fiscal year ended March 2026 is before the share split; forecast for the fiscal year ending March 2027 is after the share split)（-64.3%） |
| Payout ratio | Fiscal year ending March 2026 30.3% / Forecast for the fiscal year ending March 2027 40.3% |
| Shareholder Return Policy | The payout ratio will be maintained at approximately 40%, while share repurchases will be conducted flexibly and opportunistically in light of the business environment, capital position and other factors. |
| Depreciation and amortization | ¥2,663 million |
| Impairment loss | ¥14 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on disposal of fixed assets ¥68 million / Extraordinary loss Losses on disposal of fixed assets ¥113 million, Impairment Losses ¥14 million |
| Disclosure regarding the going concern assumption | Not applicable. |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | New Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed |
| Material subsequent events | On 17 April 2026, the company entered into a capital and business alliance agreement with Senshu Ikeda Holdings, Inc. The parties plan to acquire each other's shares, with the acquisition ratio expected to be approximately 0.5% to 1%, although the specific number of shares and acquisition method will be determined in the future. At present, the company believes the impact on consolidated results for the foreseeable future will be immaterial. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Available (for institutional investors and analysts) |
| Issued Shares at Period-End | 240,450,405 |
| Treasury Shares at Period-End | 10,571,035 |
| Factors Behind Changes in Business Performance | The primary factor was the increase in fund investment income, mainly due to higher interest on loans and interest and dividends on securities. The primary factor behind the increase in ordinary expenses was the rise in other operating expenses, mainly due to higher losses on sales of Japanese government bonds and other bonds. |
Items this document does not state (8)
Net SalesOperating profitOperating MarginRevision to Earnings ForecastSegment revenueSegment profitRegional salesOrders received and order backlog
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 behind the increase in ordinary revenue was higher fund investment income, mainly reflecting increases in interest on loans and interest and dividends on securities. Other operating expenses also increased, primarily due to higher losses on sales of Japanese government bonds and other bonds.
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.