Komori Corp. (KMRCF,6349.T), a Japanese manufacturer of printing presses, reported on Wednesday improved profit for fiscal year 2025, driven by higher net sales.
However, on the Tokyo Stock Exchange, the shares traded 2.83% lower to close at 1477 yen.
Profit attributable to the owners of the parent increased 56.2 percent to 7.25 billion Japanese Yen, or $48.48 million, from 4.61 billion yen in the prior year.
Net income per share climbed to 136.62 yen or $0.91 from 86.79 yen a year ago.
Profit before income taxes rose 57.8% to 9.16 billion yen or $61.28 million from 5.81 billion yen last year.
Net asset per share rose to 2,176.81 yen or $14.55 from 2157.34 yen last year.
Selling, general and administrative expenses increased 9.0% year on year to 32.37 million yen or $216.52 million. Net sales increased 6.5 percent to 111.05 billion yen or $742.72 million from 104.28 billion yen a year ago. Overseas sales increased 10.7% year on year.
Looking ahead, Komori said it plans to incur capital expenditures totaling 2.90 billion yen in fiscal 2026, higher than 2.60 billion yen in fiscal 2025.
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