Worth reading
36Immaterial
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
16.3
Operating profit year-on-year change (%)Wording
Conditional
How definitive the wording is.Results for this period
Full year1 April 2025–31 March 2026ConsolidatedJapanese GAAPNet Sales417,023¥ millionYear on year +8.6%Progress 95.6%
Operating profit29,711¥ millionYear on year +16.3%Progress 90.3%
Ordinary income31,756¥ millionYear on year +18.9%Progress 92.3%
Net income attributable to owners of the parent23,420¥ millionYear on year +24.7%Progress 98.8%
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¥208.49
Operating Margin7.1%
Financial position at period-end
Total assets313,325¥ million
of which net assets 197,384 ¥ millionEquity ratio 62.9%vs. prior year-end +1.1pt
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.
Cash inflows and outflows
Operating+26,909
Investment-6,601
Financials-10,266
Net change+10,042
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Cash and cash equivalents at end of period¥76,202 million
Segment revenueElectrical and Construction Materials Business ¥293,289 million (YoY +8.2%), Industrial equipment business ¥43,365 million (YoY +13.7%), Proprietary Products Business ¥80,368 million (YoY +7.4%)
Segment profitElectrical and Construction Materials Business ¥18,511 million, Industrial equipment business ¥2,459 million, Proprietary Products Business ¥16,267 million
Regional salesNot disclosed (disclosure omitted because sales to external customers in Japan account for more than 90% of consolidated revenue)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥436,000 million (YoY +4.6%)
Operating profit¥32,900 million (YoY +10.7%)
Ordinary income¥34,400 million (YoY +8.3%)
Net income¥23,700 million (YoY +1.2%)
Annual Dividend Forecast85.00 (actual for the fiscal year ended March 2026, after taking the stock split into account; shown as “—” in the table) → ¥85.00（0.0%）
Payout ratio40.3%
Factors Behind Changes in Business Performance
Sales increased due to redevelopment in major metropolitan areas, deliveries for large-scale projects such as factories and data centers, corporate capital investment demand, shipments of room air conditioners driven by the extremely hot summer, recovery in semiconductor-related market conditions, and growing demand for labor-saving and automation 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 consolidationNo changes to specified subsidiaries (the number and names of newly included or excluded companies are not disclosed)
Material subsequent eventsNo applicable matters.
Impairment lossNot applicable for the current fiscal year
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of investment securities ¥1,140 million, Gain on sale of non-current assets ¥6 million / Extraordinary loss Loss on sale of fixed assets ¥8 million, Loss on Disposal of Fixed Assets ¥6 million
Depreciation and amortization¥2,028 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (audience: Not disclosed)
Issued Shares at Period-End113,659,600 shares
Treasury Shares at Period-End1,405,508 shares
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2025–31 March 2026 |
| Net Sales | ¥417,023 million (YoY +8.6%) |
| Operating profit | ¥29,711 million (YoY +16.3%) |
| Ordinary income | ¥31,756 million (YoY +18.9%) |
| Profit attributable to owners of the parent | ¥23,420 million (YoY +24.7%) |
| Net income per share | ¥208.49 |
| Operating Margin | 7.1% |
| Equity ratio | End of the current fiscal period 62.9% / End of previous period 61.8% |
| Total assets | ¥313,325 million |
| Net assets | ¥197,384 million |
| Cash flows from operating activities | ¥26,909 million |
| Cash flows from investing activities | ¥-6,601 million |
| Cash flows from financing activities | ¥-10,266 million |
| Cash and cash equivalents at end of period | ¥76,202 million |
| Full-year earnings forecast | Net Sales ¥436,000 million (YoY +4.6%) / Operating profit ¥32,900 million (YoY +10.7%) / Ordinary income ¥34,400 million (YoY +8.3%) / Net income ¥23,700 million (YoY +1.2%) |
| Annual Dividend Forecast | 85.00 (actual for the fiscal year ended March 2026, after taking the stock split into account; shown as “—” in the table) → ¥85.00（0.0%） |
| Payout ratio | 40.3% |
| Segment revenue | Electrical and Construction Materials Business ¥293,289 million (YoY +8.2%), Industrial equipment business ¥43,365 million (YoY +13.7%), Proprietary Products Business ¥80,368 million (YoY +7.4%) |
| Segment profit | Electrical and Construction Materials Business ¥18,511 million, Industrial equipment business ¥2,459 million, Proprietary Products Business ¥16,267 million |
| Regional sales | Not disclosed (disclosure omitted because sales to external customers in Japan account for more than 90% of consolidated revenue) |
| Depreciation and amortization | ¥2,028 million |
| Impairment loss | Not applicable for the current fiscal year |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of investment securities ¥1,140 million, Gain on sale of non-current assets ¥6 million / Extraordinary loss Loss on sale of fixed assets ¥8 million, Loss on Disposal of Fixed Assets ¥6 million |
| 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 | No changes to specified subsidiaries (the number and names of newly included or excluded companies are not disclosed) |
| Material subsequent events | No applicable matters. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (audience: Not disclosed) |
| Issued Shares at Period-End | 113,659,600 shares |
| Treasury Shares at Period-End | 1,405,508 shares |
| Factors Behind Changes in Business Performance | Sales increased due to redevelopment in major metropolitan areas, deliveries for large-scale projects such as factories and data centers, corporate capital investment demand, shipments of room air conditioners driven by the extremely hot summer, recovery in semiconductor-related market conditions, and growing demand for labor-saving and automation solutions. |
Items this document does not state (3)
Revision to Earnings ForecastShareholder Return PolicyOrders received and order backlog
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.Sales increased due to redevelopment in major metropolitan areas, corporate capital investment demand, demand for room air conditioners driven by the extremely hot summer, reduced inventory adjustments in semiconductor-related markets, and growing demand for labor-saving and automation solutions. The company also promoted priority initiatives aligned with its medium- to long-term management strategy and pursued proactive sales activities.
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.