Worth reading
51Recurring
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
2
% (year-on-year change in revenue)Wording
Conditional
How definitive the wording is.Contents of this document
Financial results presentationFirst 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 Sales¥32,145 million+2.0%
Operating profit¥2,907 million+11.4%
Ordinary income¥3,012 million+10.6%
Net income¥1,706 million+11.6%
Results for the three months of the current quarter
Net Sales
¥32,145 million
Operating profit
¥2,907 million
Ordinary income
¥3,012 million
Profit attributable to owners of parent for the quarter
¥1,706 million
Full-year earnings forecast
Net Sales
¥129,700 million
Operating profit
¥6,200 million
Ordinary income
¥5,630 million
Profit attributable to owners of the parent
¥3,730 million
Earnings per share
¥303.97
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
The forecast for the six months ending September 2026 was revised upward from the initial forecast, while the full-year forecast was left unchanged from the initial forecast.Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Increase in revenue from the passenger transportation business¥757 million
- Increase in operating income from the passenger transportation business¥292 million
- Decrease in revenue from the real estate business¥-207 million
- Decrease in operating income from the real estate business¥-151 million
- Decrease in revenue from the automobile sales business¥-106 million
- Increase in operating income from the automobile sales business¥38 million
- Increase in revenue from other businesses¥395 million
- Higher operating profit in Other Businesses¥85 million
- Increase in non-operating income¥53 million
- Increase in non-operating expenses¥63 million
- Decrease in extraordinary income¥-299 million
- Extraordinary losses down¥-269 million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Although the materials state that it is necessary to assess trends in passenger demand and the impact of the recent situation in the Middle East, the numerical assumptions are Not disclosedKey KPIsA metric the company considers important as a management benchmark.
- Fixed-route bus passenger numbers (non-commuter pass)31 million people-5.3%
- Fixed-route bus passenger numbers (commuter pass)21 million people+8.2%
- Fixed-route bus passenger numbers (total)53 million people-0.3%
- New truck sales467 Units
- New bus sales volume25 Units
- New imported vehicle sales volume106 Units
Segment results
- Passenger transportation businessNet Sales¥15,550 million (YoY +5.1%)Operating profit¥1,416 million (YoY +26.1%)
- Real Estate BusinessNet Sales¥1,629 million (YoY -11.3%)Operating profit¥521 million (YoY -22.5%)
- Automotive sales businessNet Sales¥9,840 million (YoY -1.1%)Operating profit¥575 million (YoY +7.1%)
- Other BusinessesNet Sales¥7,476 million (YoY +5.6%)Operating profit¥447 million (YoY +23.8%)
Financial targets
ROE
Actual value6.0%
Interest-bearing debt/EBITDA ratio
Actual value6.2x
Equity ratio
Actual value35.5%
Capital expenditures
¥14,310 million capital expenditures
Annual Dividend
Annual dividend amount¥90 per share
| Item | Details |
|---|---|
| Document type | Financial results presentation |
| Fiscal Period Covered | First quarter of the fiscal year ending March 2027 |
| Net Sales | ¥32,145 million (YoY +2.0%) |
| Operating profit | ¥2,907 million (YoY +11.4%) |
| Ordinary income | ¥3,012 million (YoY +10.6%) |
| Net income | ¥1,706 million (YoY +11.6%) |
| Results for the three months of the current quarter | Net Sales ¥32,145 million / Operating profit ¥2,907 million / Ordinary income ¥3,012 million / Profit attributable to owners of parent for the quarter ¥1,706 million |
| Full-year earnings forecast | Net Sales ¥129,700 million / Operating profit ¥6,200 million / Ordinary income ¥5,630 million / Profit attributable to owners of the parent ¥3,730 million / Earnings per share ¥303.97 |
| Self-assessment against the plan | The forecast for the six months ending September 2026 was revised upward from the initial forecast, while the full-year forecast was left unchanged from the initial forecast. |
| Segment results | Segment Passenger transportation business / Net Sales ¥15,550 million (YoY +5.1%) / Operating profit ¥1,416 million (YoY +26.1%), Segment Real Estate Business / Net Sales ¥1,629 million (YoY -11.3%) / Operating profit ¥521 million (YoY -22.5%), Segment Automotive sales business / Net Sales ¥9,840 million (YoY -1.1%) / Operating profit ¥575 million (YoY +7.1%), Segment Other Businesses / Net Sales ¥7,476 million (YoY +5.6%) / Operating profit ¥447 million (YoY +23.8%) |
| Breakdown of Factors Affecting the Change | Increase in revenue from the passenger transportation business ¥757 million, Increase in operating income from the passenger transportation business ¥292 million, Decrease in revenue from the real estate business ¥-207 million, Decrease in operating income from the real estate business ¥-151 million, Decrease in revenue from the automobile sales business ¥-106 million, Increase in operating income from the automobile sales business ¥38 million, Increase in revenue from other businesses ¥395 million, Higher operating profit in Other Businesses ¥85 million, Increase in non-operating income ¥53 million, Increase in non-operating expenses ¥63 million, Decrease in extraordinary income ¥-299 million, Extraordinary losses down ¥-269 million |
| Key KPIs | Fixed-route bus passenger numbers (non-commuter pass) 31 million people (YoY -5.3%), Fixed-route bus passenger numbers (commuter pass) 21 million people (YoY +8.2%), Fixed-route bus passenger numbers (total) 53 million people (YoY -0.3%), New truck sales 467 Units, New bus sales volume 25 Units, New imported vehicle sales volume 106 Units |
| Assumptions Underlying the Business Outlook | Although the materials state that it is necessary to assess trends in passenger demand and the impact of the recent situation in the Middle East, the numerical assumptions are Not disclosed |
| Financial targets | ROE Target value Not disclosed / Actual value 6.0% / Interest-bearing debt/EBITDA ratio Target value Not disclosed / Actual value 6.2x / Equity ratio Target value Not disclosed / Actual value 35.5% |
| Annual Dividend | Annual dividend amount ¥90 per share / Interim and Year-End Breakdown Not disclosed |
| Capital expenditures | ¥14,310 million (capital expenditures) |
Items this document does not state (15)
Gross Profit MarginOperating profit marginSelling, general and administrative expensesProgress against full-year forecastUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookMedium-term management plan targetsPayout ratioAcquisition of treasury sharesOrders received and order backlogMarket Size / ShareKey points of the Q&ANew initiatives
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 increased as the impact of fare revisions contributed to the passenger transportation business. Depreciation and amortization related to vehicle replacements and personnel expenses resulting from improved employee benefits increased, but higher revenue led to increased 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.