Worth reading
89Important
Scored from 4 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
-243
¥100 millionWording
Conditional
How definitive the wording is.Contents of this document
Earnings presentation materialsSecond quarter of the fiscal year ending March 20278 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net income¥685 100 million-26.2%
Full-year earnings forecast
Profit attributable to owners of the parent
¥1,450 100 million
Earnings per share
¥296.06
Annual dividend on common stock
¥104
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。
Interim net profit attributable to owners of the parent47.3%
Domestic Business65%
International Business39%
Social Infrastructure35%
Transportation82%
Mobility53%
Corporate Investment35%
Total56%
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Roll-off of Russian insurance settlement proceeds
¥-519 100 million
Roll-off of impairment losses on a subsidiary’s systems and goodwill, etc.
¥55 100 million
Settlement proceeds and other amounts received this fiscal year
¥12 100 million
Profit contributions from each business segment
¥208 100 million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Average exchange rate during the period
158 JPY/USD
Foreign-exchange sensitivity
¥4.8 100 million per ¥1 change in the USD/JPY exchange rate
New initiatives
- Joint ACG business with ITOCHU Corporation
- Growth investment in data centers, FMV leasing, MRO and other areas
- Introduction of a new personnel system
- Special incentive payment for employee stock ownership plan members
- Head office relocation to HIBIYA CROSS PARK
Key KPIsA metric the company considers important as a management benchmark.
ROE
11.7 %
yoy_change-6.4pt
ROE by segmentFigures disclosed for each segment
EPS
¥140.1-26.3%
ACG owned aircraft
286 satellites
yoy_change+8 aircraft
ACG managed aircraft
25 satellites
ACG committed aircraft
193 satellites
CSI contracted volume
1,026 USD million
yoy_change+US$173 million
Segment results
Domestic Business
Net income
¥164 100 million
Year on year against the same period last year+26.9%
International Business
Net income
¥103 100 million
Year on year against the same period last year+49.3%
Social Infrastructure
Net income
¥65 100 million
Year on year against the same period last year+14.0%
Transportation
Net income
¥290 100 million
Year on year against the same period last year-53.7%
Mobility
Net income
¥109 100 million
Year on year against the same period last year+62.7%
Corporate Investment
Net income
¥21 100 million
Year on year against the same period last year+31.3%
Other
Net income
¥-68 100 million
Medium-term management plan targets
Growth Investment
2 Over ¥ trillion
Target fiscal year2,030
Growth investment in data centers and other areas
2 Over ¥ trillion
Target fiscal year2,030
Annual Dividend
¥104
Interim52
End of period52
Payout ratio
35.1 %
| Item | Details |
|---|---|
| Document type | Earnings presentation materials |
| Fiscal Period Covered | Second quarter of the fiscal year ending March 2027 |
| Net income | ¥685 100 million (YoY -26.2%) |
| Full-year earnings forecast | Profit attributable to owners of the parent ¥1,450 100 million / Earnings per share ¥296.06 / Annual dividend on common stock ¥104 |
| Progress against full-year forecast | Interim net profit attributable to owners of the parent 47.3% / Domestic Business 65% / International Business 39% / Social Infrastructure 35% / Transportation 82% / Mobility 53% / Corporate Investment 35% / Total 56% |
| Segment results | Domestic Business Net income ¥164 100 million / yoy_pct 26.9 / International Business Net income ¥103 100 million / yoy_pct 49.3 / Social Infrastructure Net income ¥65 100 million / yoy_pct 14 / Transportation Net income ¥290 100 million / yoy_pct -53.7 / Mobility Net income ¥109 100 million / yoy_pct 62.7 / Corporate Investment Net income ¥21 100 million / yoy_pct 31.3 / Other Net income ¥-68 100 million / yoy_pct Not disclosed |
| Breakdown of Factors Affecting the Change | Roll-off of Russian insurance settlement proceeds ¥-519 100 million / Roll-off of impairment losses on a subsidiary’s systems and goodwill, etc. ¥55 100 million / Settlement proceeds and other amounts received this fiscal year ¥12 100 million / Profit contributions from each business segment ¥208 100 million |
| Key KPIs | ROE 11.7 % / ROE by segment Figures disclosed for each segment / EPS ¥140.1 (YoY -26.3%) / ACG owned aircraft 286 satellites / ACG managed aircraft 25 satellites / ACG committed aircraft 193 satellites / CSI contracted volume 1,026 USD million |
| Assumptions Underlying the Business Outlook | Average exchange rate during the period 158 JPY/USD / Foreign-exchange sensitivity ¥4.8 100 million per ¥1 change in the USD/JPY exchange rate |
| Medium-term management plan targets | Growth Investment 2 Over ¥ trillion / Growth investment in data centers and other areas 2 Over ¥ trillion |
| Annual Dividend | ¥104 |
| Payout ratio | 35.1 % |
| New initiatives | Joint ACG business with ITOCHU Corporation, Growth investment in data centers, FMV leasing, MRO and other areas, Introduction of a new personnel system, Special incentive payment for employee stock ownership plan members, Head office relocation to HIBIYA CROSS PARK |
Items this document does not state (18)
Net SalesOperating profitOrdinary incomeGross Profit MarginOperating profit marginSelling, general and administrative expensesResults for the three months of the current quarterSelf-assessment against the planUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookFinancial 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.The decline in first-half profit was primarily due to the absence of the ¥51.9 billion Russian insurance settlement recorded by the Transport segment in the same period of the previous fiscal year. The upward revision to the full-year forecast was primarily due to the expected recognition of an approximately ¥38.0 billion after-tax extraordinary gain related to the transfer of the ACG stake, while uncertainty in the financial and economic environment and progress on certain asset sale transactions were also taken into account.
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.