Worth reading
38Recurring
Scored from 5 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
8.6
Year-on-year change in revenue (%)Wording
Conditional
How definitive the wording is.Results for this period
First quarter1 June 2026 to 31 August 2026ConsolidatedJapanese GAAPNet Sales2,989¥ millionYear on year +8.6%Progress 22.3%
Operating profit382¥ millionYear on year +11.9%Progress 22.9%
Ordinary income389¥ millionYear on year +9.8%Progress 23.1%
Net income attributable to owners of the parent285¥ millionYear on year +8.8%Progress 23.1%
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¥31.07
Financial position at period-end
Total assets11,256¥ million
of which net assets 9,916 ¥ millionEquity ratio 88.1%vs. prior year-end +8.4pt
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.
Segment revenueControl Systems ¥525 million (YoY +32.1%), Automotive Systems ¥574 million (YoY -11.9%), Specialized Information Systems ¥522 million (YoY +21.5%), Embedded Systems ¥517 million (YoY +19.6%), Industrial and ICT Solutions ¥849 million (YoY +1.0%)
Segment profitControl Systems ¥148 million (YoY +56.4%), Automotive Systems ¥91 million (YoY -46.0%), Specialized Information Systems ¥150 million (YoY +40.5%), Embedded Systems ¥124 million (YoY +40.1%), Industrial and ICT Solutions ¥155 million (YoY -3.7%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥13,380 million (YoY +10.4%)
Operating profit¥1,665 million (YoY +10.3%)
Ordinary income¥1,685 million (YoY +10.5%)
Net income¥1,235 million (YoY +8.5%)
Revision to Earnings ForecastNo
Annual Dividend Forecast¥76 → ¥92（+21.1%）
Payout ratio66% (target)
Shareholder Return PolicyThe company aims to maintain stable dividends and a consolidated dividend payout ratio of 66%, and will implement a progressive dividend policy during the current medium-term management plan. A special dividend of ¥8 per share will be paid in each fiscal year from the fiscal year ended May 2025 through the fiscal year ending May 2029.
Factors Behind Changes in Business Performance
Operating profit increased due to higher net sales and expenses remaining in line with the initial plan. By segment, factors included expanded development scale for Control Systems; winning renewal and new development projects for Automotive Systems, where demand for software development temporarily stagnated and development plans were reviewed; winning new projects and increased development volume for Specific Information Systems; expanded order scale for next-generation SSD development and new and existing projects for Embedded Systems; and expanded staffing for development projects for government agencies for Industrial and ICT Solutions.
Disclosure regarding the going concern assumption
No applicable matters
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
Breakdown of extraordinary income (loss)Extraordinary income Not disclosed / Extraordinary loss Loss on Disposal of Fixed Assets ¥0 thousand
Depreciation and amortization¥8,094 thousand
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo
Issued Shares at Period-End10,645,020 shares
Treasury Shares at Period-End1,833,585 shares
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 June 2026 to 31 August 2026 |
| Net Sales | ¥2,989 million (YoY +8.6%) |
| Operating profit | ¥382 million (YoY +11.9%) |
| Ordinary income | ¥389 million (YoY +9.8%) |
| Profit attributable to owners of the parent | ¥285 million (YoY +8.8%) |
| Net income per share | ¥31.07 |
| Equity ratio | End of the current fiscal period 88.1 / End of previous period 79.7 |
| Total assets | ¥11,256 million |
| Net assets | ¥9,916 million |
| Full-year earnings forecast | Net Sales ¥13,380 million (YoY +10.4%) / Operating profit ¥1,665 million (YoY +10.3%) / Ordinary income ¥1,685 million (YoY +10.5%) / Net income ¥1,235 million (YoY +8.5%) |
| Revision to Earnings Forecast | No |
| Annual Dividend Forecast | ¥76 → ¥92（+21.1%） |
| Payout ratio | 66% (target) |
| Shareholder Return Policy | The company aims to maintain stable dividends and a consolidated dividend payout ratio of 66%, and will implement a progressive dividend policy during the current medium-term management plan. A special dividend of ¥8 per share will be paid in each fiscal year from the fiscal year ended May 2025 through the fiscal year ending May 2029. |
| Segment revenue | Control Systems ¥525 million (YoY +32.1%), Automotive Systems ¥574 million (YoY -11.9%), Specialized Information Systems ¥522 million (YoY +21.5%), Embedded Systems ¥517 million (YoY +19.6%), Industrial and ICT Solutions ¥849 million (YoY +1.0%) |
| Segment profit | Control Systems ¥148 million (YoY +56.4%), Automotive Systems ¥91 million (YoY -46.0%), Specialized Information Systems ¥150 million (YoY +40.5%), Embedded Systems ¥124 million (YoY +40.1%), Industrial and ICT Solutions ¥155 million (YoY -3.7%) |
| Depreciation and amortization | ¥8,094 thousand |
| Breakdown of extraordinary income (loss) | Extraordinary income Not disclosed / Extraordinary loss Loss on Disposal of Fixed Assets ¥0 thousand |
| Disclosure regarding the going concern assumption | No applicable matters |
| 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 |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | No |
| Issued Shares at Period-End | 10,645,020 shares |
| Treasury Shares at Period-End | 1,833,585 shares |
| Factors Behind Changes in Business Performance | Operating profit increased due to higher net sales and expenses remaining in line with the initial plan. By segment, factors included expanded development scale for Control Systems; winning renewal and new development projects for Automotive Systems, where demand for software development temporarily stagnated and development plans were reviewed; winning new projects and increased development volume for Specific Information Systems; expanded order scale for next-generation SSD development and new and existing projects for Embedded Systems; and expanded staffing for development projects for government agencies for Industrial and ICT Solutions. |
Items this document does not state (9)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodRegional salesOrders received and order backlogImpairment lossMaterial subsequent events
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.In addition to higher net sales, expenses remained in line with the initial plan. By segment, factors contributing to higher revenue and profit included winning new projects, expanding development scale and increasing the scale of orders received.
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.