Worth reading
41Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Deterioration
Direction inferred from the company’s description.Scale
-22
¥ millions (year-on-year change in operating income)Wording
Avoiding a definitive answer
How definitive the wording is.Contents of this document
Financial Results PresentationFirst quarter of the fiscal year ending March 20274 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales369 Millions of yen-15.9%
Operating profit-128 Millions of yen-20.3%
Ordinary income-127 Millions of yen-18.5%
Net income-129 Millions of yen-19.7%
Gross Profit Margin67.6 %
Selling, general and administrative expenses377 Millions of yen
Results for the three months of the current quarter
Net Sales
369 Millions of yen
Operating profit
-128 Millions of yen
Ordinary income
-127 Millions of yen
Net income attributable to owners of the parent
-129 Millions of yen
Full-year earnings forecastnot disclosed (full-year plan scheduled for publication with the second-quarter results)
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Timing shift in North American projects¥-40 million timing shift in sales recognition
- Upfront investments, including increased staffing
- Improvement in selling, general and administrative expenses¥-40 millions year on year
- Decline following the completion of existing domestic projects
New initiatives
- Launch of a joint development program with Thunderbird
- Opening of applications for the certification program
- Winning an order for a single-company solution for a major general trading company
- Developing new sales channels through partnerships with sales partners
- Increasing sales staff in North America and India
- Closure of inactive overseas subsidiaries
- Improving operational efficiency through company-wide digital transformation
- Project management and weekly monitoring using CRM
- Transition to a new board and executive structure
Segment results
Domestic
Net Sales
85 Millions of yen-27.9%
Profit/Loss
-61 Millions of yen
Prior-year periodimproved from -¥89 million
North America
Net Sales
256 Millions of yen-12.3%
Profit/Loss
-43 Millions of yen
Prior-year perioddeteriorated from +¥7 million
Medium-term management plan targets
Net Sales
¥50 million
Target fiscal yearin 3 years (specific fiscal year not disclosed in the materials)
Operating profit
¥5 million
Target fiscal yearin 3 years (specific fiscal year not disclosed in the materials)
Market capitalization
¥100 million
Target fiscal yearAs soon as possible
| Item | Details |
|---|---|
| Document type | Financial Results Presentation |
| Fiscal Period Covered | First quarter of the fiscal year ending March 2027 |
| Net Sales | 369 Millions of yen (YoY -15.9%) |
| Operating profit | -128 Millions of yen (YoY -20.3%) |
| Ordinary income | -127 Millions of yen (YoY -18.5%) |
| Net income | -129 Millions of yen (YoY -19.7%) |
| Gross Profit Margin | 67.6 % |
| Selling, general and administrative expenses | 377 Millions of yen |
| Results for the three months of the current quarter | Net Sales 369 Millions of yen / Operating profit -128 Millions of yen / Ordinary income -127 Millions of yen / Net income attributable to owners of the parent -129 Millions of yen |
| Full-year earnings forecast | not disclosed (full-year plan scheduled for publication with the second-quarter results) |
| Segment results | Domestic Net Sales 85 Millions of yen (YoY -27.9%) / Profit/Loss -61 Millions of yen / North America Net Sales 256 Millions of yen (YoY -12.3%) / Profit/Loss -43 Millions of yen |
| Breakdown of Factors Affecting the Change | Factors Timing shift in North American projects / Amount ¥-40 million (timing shift in sales recognition), Factors Upfront investments, including increased staffing / Amount Not disclosed, Factors Improvement in selling, general and administrative expenses / Amount ¥-40 millions (year on year), Factors Decline following the completion of existing domestic projects / Amount Not disclosed |
| Medium-term management plan targets | Net Sales ¥50 million / Operating profit ¥5 million / Market capitalization ¥100 million |
| New initiatives | Launch of a joint development program with Thunderbird, Opening of applications for the certification program, Winning an order for a single-company solution for a major general trading company, Developing new sales channels through partnerships with sales partners, Increasing sales staff in North America and India, Closure of inactive overseas subsidiaries, Improving operational efficiency through company-wide digital transformation, Project management and weekly monitoring using CRM, Transition to a new board and executive structure |
Items this document does not state (17)
Operating profit marginProgress against full-year forecastSelf-assessment against the planKey KPIsUnit price and quantity metricsNumber of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookFinancial targetsAnnual DividendPayout ratioAcquisition 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 primary factors behind the decline in profit were the timing shift in North American projects and upfront investments, including increased staffing, in the North America segment. In Japan, earnings improved through higher gross profit despite a decline following the completion of existing projects.
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.