Worth reading
57In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
367
¥ million (increase in operating profit for the next fiscal year)Wording
Conditional
How definitive the wording is.Contents of this document
Financial results presentationFiscal year ending August 202612 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥10,324 million+2.1%
Operating profit¥733 million-19.6%
Ordinary income¥842 million-14.7%
Net income¥764 million+33.3%
Gross Profit Margin26.6 %
Operating profit margin7.1 %
Selling, general and administrative expenses¥2,013 million
Results for the three months of the current quarter
Net Sales
¥2,510 million
Operating profit
¥142 million
Full-year earnings forecast
Net Sales
¥11,000 million
Operating profit
¥1,100 million
Ordinary income
¥1,100 million
Net income for the current fiscal year
¥670 million
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Operating profit and other items fell short of the initial forecasts, while net income exceeded the forecastBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Increase in gross profit¥82 million
- Personnel expenses¥-162 million
- Compensation paid¥-44 million
- R&D spending¥-8 million
- Other selling, general and administrative expenses¥-47 million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
In anticipation of a temporary adjustment in demand for large buildings, the plan includes only projects with a high likelihood of receiving orders. The outlook for the shipbuilding-related industry is favorable for at least the next several years. In the environmental and energy businesses, the plan assumes an order pipeline, improved production efficiency, and an improved cost ratio. Numerical assumptions for foreign exchange rates, raw material prices and interest rates: Not disclosedNew initiatives
- M&A through the acquisition of 東鉄工's business and the acquisition of shares in マルコ電機技術
- Investment in manufacturing equipment for subcritical water reaction equipment
- Establishment of a 4-person structure for the subcritical water reaction equipment project
Key KPIsA metric the company considers important as a management benchmark.
- EBITDA¥1,135 million-7.2%
- ROE17 %yoy_change_pt3.3
- Equity ratio29.9 %yoy_change_pt1.7
- Order backlog¥2,858 million+18.0%
- PBR1.58 x
Segment results
Environment and Energy
Net Sales5,359
Revenue unit¥ million
Year-on-year sales2.5
Segment profit219
Profit unit¥ million
Year-on-year change in profit-12.7
Power and Heavy Equipment, among others
Net Sales4,069
Revenue unit¥ million
Year-on-year sales3.9
Segment profit637
Profit unit¥ million
Year-on-year change in profit-12.2
Disaster Prevention and Safety
Net Sales896
Revenue unit¥ million
Year-on-year sales-7.7
Segment profit70
Profit unit¥ million
Year-on-year change in profit-49.9
Market Size / Share
Public-private investment: ¥2.6 trillion in disaster prevention and national resilience, ¥1.0 trillion in new shipbuilding, ¥2.3 trillion in aviation and space, ¥4.6 trillion in food tech, and ¥68.0 trillion in semiconductors, among others. Market share: Not disclosedOrders received and order backlog
Order backlog¥2,858 million
Number of employees
Hiring and organisational structureEstablished a 4-person structure for the subcritical water reaction equipment project
Capital expenditures
¥1,850 million
Annual Dividend
Current fiscal year¥75 /share
Next fiscal year¥75 /share
Payout ratio
Current fiscal year44.4 %
Next fiscal year50.6 %
DOE7.6 %
| Item | Details |
|---|---|
| Document type | Financial results presentation |
| Fiscal Period Covered | Fiscal year ending August 2026 |
| Net Sales | ¥10,324 million (YoY +2.1%) |
| Operating profit | ¥733 million (YoY -19.6%) |
| Ordinary income | ¥842 million (YoY -14.7%) |
| Net income | ¥764 million (YoY +33.3%) |
| Gross Profit Margin | 26.6 % |
| Operating profit margin | 7.1 % |
| Selling, general and administrative expenses | ¥2,013 million |
| Results for the three months of the current quarter | Net Sales ¥2,510 million / Operating profit ¥142 million |
| Full-year earnings forecast | Net Sales ¥11,000 million / Operating profit ¥1,100 million / Ordinary income ¥1,100 million / Net income for the current fiscal year ¥670 million |
| Self-assessment against the plan | Operating profit and other items fell short of the initial forecasts, while net income exceeded the forecast |
| Segment results | Environment and Energy Net Sales 5,359 / Revenue unit ¥ million / Year-on-year sales 2.5 / Segment profit 219 / Profit unit ¥ million / Year-on-year change in profit -12.7 / Power and Heavy Equipment, among others Net Sales 4,069 / Revenue unit ¥ million / Year-on-year sales 3.9 / Segment profit 637 / Profit unit ¥ million / Year-on-year change in profit -12.2 / Disaster Prevention and Safety Net Sales 896 / Revenue unit ¥ million / Year-on-year sales -7.7 / Segment profit 70 / Profit unit ¥ million / Year-on-year change in profit -49.9 |
| Breakdown of Factors Affecting the Change | Factors Increase in gross profit / Amount ¥82 million, Factors Personnel expenses / Amount ¥-162 million, Factors Compensation paid / Amount ¥-44 million, Factors R&D spending / Amount ¥-8 million, Factors Other selling, general and administrative expenses / Amount ¥-47 million |
| Key KPIs | ¥1,135 million (YoY -7.2%), 17 %, 29.9 %, ¥2,858 million (YoY +18.0%), 1.58 x |
| Number of employees | Hiring and organisational structure Established a 4-person structure for the subcritical water reaction equipment project |
| Assumptions Underlying the Business Outlook | In anticipation of a temporary adjustment in demand for large buildings, the plan includes only projects with a high likelihood of receiving orders. The outlook for the shipbuilding-related industry is favorable for at least the next several years. In the environmental and energy businesses, the plan assumes an order pipeline, improved production efficiency, and an improved cost ratio. Numerical assumptions for foreign exchange rates, raw material prices and interest rates: Not disclosed |
| Annual Dividend | Current fiscal year ¥75 /share / Next fiscal year ¥75 /share / Interim and Year-End Breakdown Not disclosed |
| Payout ratio | Current fiscal year 44.4 % / Next fiscal year 50.6 % / DOE 7.6 % |
| Capital expenditures | ¥1,850 million |
| Orders received and order backlog | Orders received Not disclosed / Order backlog ¥2,858 million |
| Market Size / Share | Public-private investment: ¥2.6 trillion in disaster prevention and national resilience, ¥1.0 trillion in new shipbuilding, ¥2.3 trillion in aviation and space, ¥4.6 trillion in food tech, and ¥68.0 trillion in semiconductors, among others. Market share: Not disclosed |
| New initiatives | M&A through the acquisition of 東鉄工's business and the acquisition of shares in マルコ電機技術, Investment in manufacturing equipment for subcritical water reaction equipment, Establishment of a 4-person structure for the subcritical water reaction equipment project |
Items this document does not state (8)
Progress against full-year forecastUnit price and quantity metricsNumber of stores and locationsRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsAcquisition of treasury sharesKey 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 operating profit for the current fiscal year was mainly attributable to the upfront costs of growth, including securing and improving compensation for personnel, newly consolidated businesses, M&A-related expenses, and depreciation of the new factory. The increase in net income was due to temporary extraordinary income, including ¥447 million in subsidy income. The increase in operating profit expected for the next fiscal year will result from the full-year contribution of 東鉄工, the newly consolidated マルコ電機技術 business, and a review of SG&A expenses in existing businesses.
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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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.