Komori
Earnings1718MIKIKOGYO CO.,LTD.Construction and Materials

Financial Results Summary for the Second Quarter (Interim Period) of the Fiscal Year Ending December 2026 [Japanese GAAP] (Consolidated)

During the interim period, net sales increased 24.9% year on year, while operating income decreased 11.9% and interim net income attributable to owners of the parent decreased 1.2%.

Worth reading
46Recurring
Scored from 4 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
24.9
% (year-on-year change in revenue)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 January 2026–30 June 2026ConsolidatedJapanese GAAP
Net Sales19,902,915¥ thousandYear on year +24.9%
Operating profit944,551¥ thousandYear on year -11.9%
Ordinary income924,078¥ thousandYear on year -12.1%
Net income attributable to owners of the parent668,831¥ thousandYear on year -1.2%

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.

Financial position at period-end
Total assets34,727,910¥ thousand
of which net assets 19,834,079 ¥ thousand

The shaded area represents net assets as a proportion of total assets. It is calculated from the two amounts reported by the company.

Cash inflows and outflows
Operating+4,472,978
Investment+1,002,824
Financials-4,451,432
Net change+1,024,370

Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ thousand).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¥3,854,329 thousand
Segment revenueConstruction ¥13,928,903 thousand (YoY +45.1%), Housing Business ¥5,856,823 thousand (YoY -5.7%), Other businesses ¥117,188 thousand (YoY -3.7%)
Segment profitConstruction ¥832,638 thousand (YoY -2.9%), Housing Business ¥105,801 thousand (YoY -49.9%), Other businesses ¥3,481 thousand (YoY +172.5%)
Outlook and shareholder returns
Revision to Earnings ForecastNo change
Factors Behind Changes in Business Performance

Net sales increased due to progress on carried-over construction projects and the completion of deliveries of condominium buildings sold as whole units. Profit decreased due to higher construction costs and increased personnel expenses associated with revisions to the personnel system.

Disclosure regarding the going concern assumption

No applicable matters

Impairment lossNo applicable matters.
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥113,974 thousand / Extraordinary loss Loss on sale of fixed assets ¥35 thousand, Loss on Disposal of Fixed Assets ¥4,365 thousand
Depreciation and amortization¥263,094 thousand
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 January 2026–30 June 2026
Net Sales¥19,902,915 thousand (YoY +24.9%)
Operating profit¥944,551 thousand (YoY -11.9%)
Ordinary income¥924,078 thousand (YoY -12.1%)
Profit attributable to owners of the parent¥668,831 thousand (YoY -1.2%)
Total assets¥34,727,910 thousand
Net assets¥19,834,079 thousand
Cash flows from operating activities¥4,472,978 thousand
Cash flows from investing activities¥1,002,824 thousand
Cash flows from financing activities¥-4,451,432 thousand
Cash and cash equivalents at end of period¥3,854,329 thousand
Revision to Earnings ForecastNo change
Segment revenueConstruction ¥13,928,903 thousand (YoY +45.1%), Housing Business ¥5,856,823 thousand (YoY -5.7%), Other businesses ¥117,188 thousand (YoY -3.7%)
Segment profitConstruction ¥832,638 thousand (YoY -2.9%), Housing Business ¥105,801 thousand (YoY -49.9%), Other businesses ¥3,481 thousand (YoY +172.5%)
Depreciation and amortization¥263,094 thousand
Impairment lossNo applicable matters.
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥113,974 thousand / Extraordinary loss Loss on sale of fixed assets ¥35 thousand, Loss on Disposal of Fixed Assets ¥4,365 thousand
Disclosure regarding the going concern assumptionNo applicable matters
Factors Behind Changes in Business PerformanceNet sales increased due to progress on carried-over construction projects and the completion of deliveries of condominium buildings sold as whole units. Profit decreased due to higher construction costs and increased personnel expenses associated with revisions to the personnel system.
Items this document does not state (16)
Net income per shareOperating MarginEquity ratioFull-year earnings forecastAnnual Dividend ForecastPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogChange in accounting policyChanges in the scope of consolidationMaterial subsequent eventsAvailability of Supplementary Financial Results MaterialsAvailability of Financial Results BriefingIssued Shares at Period-EndTreasury Shares at Period-End

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.

Net sales increased due to steady progress on construction projects carried over from the end of the previous consolidated fiscal year and the completion of deliveries of condominium buildings sold as whole units. Operating income decreased due to higher construction costs and increased personnel expenses associated with revisions to the personnel system. The decline in interim net income attributable to owners of the parent was limited by the recognition of gains on sales of non-current assets in connection with the sale of rental properties, among other factors.

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.
Financial Results Summary for the Second Quarter (Interim Period) of the Fiscal Year Ending December 2026 [Japanese GAAP] (Consolidated) | MIKIKOGYO CO.,LTD. (1718) timely disclosure | Komori