Komori
Earnings1431Lib Work Co.,Ltd.Construction and Materials

Summary of Financial Results for the Third Quarter of the Fiscal Year Ending June 2026 (Japanese GAAP) (Consolidated)

Revenue for the nine months ended March 31 was below the prior-year period, while operating income/loss, ordinary income/loss and net income/loss all shifted from positive to negative. The full-year earnings forecast and dividend forecast remain unchanged.

Worth reading
58In focus
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
-16.5
Year-on-year change in revenue (%)
Wording
Conditional
How definitive the wording is.

Results for this period

Third quarter1 July 2025 to 31 March 2026ConsolidatedJapanese GAAP
Net Sales9,506¥ millionYear on year -16.5%Progress 63.4%
Operating profit-114¥ million
Ordinary income-303¥ million
Net income attributable to owners of the parent-267¥ million

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¥(11.48)
Financial position at period-end
Total assets13,563¥ million
of which net assets 4,346 ¥ millionEquity ratio 32.0%vs. prior year-end -8.9pt

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.

Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥15,000 million (YoY -6.3%)
Operating profit¥500 million (YoY -40.0%)
Ordinary income¥520 million (YoY -39.2%)
Net income¥190 million (YoY -61.6%)
Annual Dividend Forecast¥6.4 → ¥6.4(0.0%)
Factors Behind Changes in Business Performance

Housing demand weakened, while the increased workload associated with confirmation applications and design work in response to the revised Building Standards Act pushed back the start of construction and delivery for some projects, affecting the timing of revenue recognition. Meanwhile, the housing-sector SPA strategy, intra-group coordination in timber procurement and processing, and in-house production of major construction processes contributed to profitability.

Disclosure regarding the going concern assumption

Not applicable.

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
Material subsequent eventsA resolution was passed to absorb and merge the consolidated subsidiary タクエーホーム株式会社, with 1 June 2026 as the business combination date.
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥153 thousand / Extraordinary loss Not disclosed
Depreciation and amortization¥211,731 thousand
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End24,151,540 Shares
Treasury Shares at Period-End885,713 Shares
Results for this period
ItemDetails
Fiscal Period ClassificationThird quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 July 2025 to 31 March 2026
Net Sales¥9,506 million (YoY -16.5%)
Operating profit¥-114 million
Ordinary income¥-303 million
Profit attributable to owners of the parent¥-267 million
Net income per share¥(11.48)
Equity ratioEnd of the current fiscal period 32 / End of previous period 40.9
Total assets¥13,563 million
Net assets¥4,346 million
Full-year earnings forecastNet Sales ¥15,000 million (YoY -6.3%) / Operating profit ¥500 million (YoY -40.0%) / Ordinary income ¥520 million (YoY -39.2%) / Net income ¥190 million (YoY -61.6%)
Annual Dividend Forecast¥6.4 → ¥6.4(0.0%)
Depreciation and amortization¥211,731 thousand
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥153 thousand / Extraordinary loss Not disclosed
Disclosure regarding the going concern assumptionNot applicable.
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No
Changes in the scope of consolidationNew Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed
Material subsequent eventsA resolution was passed to absorb and merge the consolidated subsidiary タクエーホーム株式会社, with 1 June 2026 as the business combination date.
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End24,151,540 Shares
Treasury Shares at Period-End885,713 Shares
Factors Behind Changes in Business PerformanceHousing demand weakened, while the increased workload associated with confirmation applications and design work in response to the revised Building Standards Act pushed back the start of construction and delivery for some projects, affecting the timing of revenue recognition. Meanwhile, the housing-sector SPA strategy, intra-group coordination in timber procurement and processing, and in-house production of major construction processes contributed to profitability.
Items this document does not state (13)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodRevision to Earnings ForecastPayout ratioShareholder Return PolicySegment revenueSegment profitRegional salesOrders received and order backlogImpairment loss

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.

Housing demand weakened, while the time required from filing building confirmation applications to the start of construction increased in response to the revised Building Standards Act. This pushed back construction progress and delivery dates, affecting the timing of revenue recognition. Meanwhile, the housing-sector SPA strategy, intra-group coordination in timber procurement and processing, and in-house production of major construction processes contributed to profitability.

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.
Summary of Financial Results for the Third Quarter of the Fiscal Year Ending June 2026 (Japanese GAAP) (Consolidated) | Lib Work Co.,Ltd. (1431) timely disclosure | Komori