Komori
Results1787Nakabohtec Corrosion Protecting Co.,Ltd.Construction and Materials

Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 (Japanese GAAP, Non-Consolidated)

For the interim period of the fiscal year ending March 2027, revenue decreased 3.4% year on year, while the operating loss widened from ¥146 million to ¥401 million. Higher costs due to soaring material prices and other factors, one-time expenses, and increased advertising expenses weighed on results, while the full-year earnings forecast and dividend forecast remain unchanged.

Worth reading
57In 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
255
¥ million (year-on-year deterioration in operating loss)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026 to 30 September 2026Non-consolidated (standalone)Japanese GAAP
Net Sales4,812¥ millionYear on year -3.4%Progress 31.7%
Operating profit-401¥ million
Ordinary income-362¥ million
Net income attributable to owners of the parent-260¥ 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−¥110.03
Financial position at period-end
Total assets8,472¥ million
of which net assets 6,486 ¥ millionEquity ratio 76.6%vs. prior year-end -0.4pt

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.

Cash inflows and outflows
Operating-438,161
Investment-152,924
Financials-2,544,225
Net change-3,135,310

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¥1,703,433 thousand
Segment revenue
Port operations business2,88560.0%
Underground Business1,02221.2%
Land-based businesses4719.8%
Other4339.0%
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥15,200 million (YoY +2.0%)
Operating profit¥1,307 million (YoY -0.4%)
Ordinary income¥1,347 million (YoY -2.7%)
Net income¥923 million (YoY -22.2%)
Revision to Earnings ForecastWhether revised No / Net Sales Not disclosed / Operating profit Not disclosed / Ordinary income Not disclosed / Net income Not disclosed
Annual Dividend Forecast335 yen → 260 yen
Factors Behind Changes in Business Performance

Revenue declined due to the reversal of the strong performance of RC projects in the Other Business segment in the previous fiscal year. The operating loss, ordinary loss, and interim net loss widened due to higher costs resulting from soaring material prices and other factors, the incurrence of one-time expenses, including professional fees related to the change in the major shareholder, and increased expenses associated with strengthened advertising activities.

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
Breakdown of extraordinary income (loss)Extraordinary income Not disclosed / Extraordinary loss Loss on disposal of non-current assets ¥72 thousand
Depreciation and amortization¥77,577 thousand
Orders received and order backlogOrders received ¥8,245 million / Order backlog ¥6,797 million
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End2,602,500
Treasury Shares at Period-End437,216
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedNon-consolidated (standalone)
Period Covered1 April 2026 to 30 September 2026
Net Sales¥4,812 million (YoY -3.4%)
Operating profit¥-401 million
Ordinary income¥-362 million
Profit attributable to owners of the parent¥-260 million
Net income per share−¥110.03
Equity ratioEnd of the current fiscal period 76.6 / End of previous period 77
Total assets¥8,472 million
Net assets¥6,486 million
Cash flows from operating activities¥-438,161 thousand
Cash flows from investing activities¥-152,924 thousand
Cash flows from financing activities¥-2,544,225 thousand
Cash and cash equivalents at end of period¥1,703,433 thousand
Full-year earnings forecastNet Sales ¥15,200 million (YoY +2.0%) / Operating profit ¥1,307 million (YoY -0.4%) / Ordinary income ¥1,347 million (YoY -2.7%) / Net income ¥923 million (YoY -22.2%)
Revision to Earnings ForecastWhether revised No / Net Sales Not disclosed / Operating profit Not disclosed / Ordinary income Not disclosed / Net income Not disclosed
Annual Dividend Forecast335 yen → 260 yen
Segment revenueSegment Port operations business / Net Sales ¥2,885 million / Year-on-year change Up ¥37 million, Segment Underground Business / Net Sales ¥1,022 million / Year-on-year change ¥96 million increase, Segment Land-based businesses / Net Sales ¥471 million / Year-on-year change Up ¥24 million, Segment Other / Net Sales ¥433 million / Year-on-year change ¥329 million decrease
Orders received and order backlogOrders received ¥8,245 million / Order backlog ¥6,797 million
Depreciation and amortization¥77,577 thousand
Breakdown of extraordinary income (loss)Extraordinary income Not disclosed / Extraordinary loss Loss on disposal of non-current assets ¥72 thousand
Disclosure regarding the going concern assumptionNo applicable matters
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End2,602,500
Treasury Shares at Period-End437,216
Factors Behind Changes in Business PerformanceRevenue declined due to the reversal of the strong performance of RC projects in the Other Business segment in the previous fiscal year. The operating loss, ordinary loss, and interim net loss widened due to higher costs resulting from soaring material prices and other factors, the incurrence of one-time expenses, including professional fees related to the change in the major shareholder, and increased expenses associated with strengthened advertising activities.
Items this document does not state (8)
Operating MarginPayout ratioShareholder Return PolicySegment profitRegional salesImpairment lossChanges in the scope of consolidationMaterial 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.

Revenue in the Other Business segment declined due to the reversal of the strong performance of RC projects in the previous fiscal year. Costs increased due to soaring material prices and other factors, while one-time expenses, including professional fees related to the change in the major shareholder, were incurred, and expenses increased as advertising activities were strengthened.

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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.
Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 (Japanese GAAP, Non-Consolidated) | Nakabohtec Corrosion Protecting Co.,Ltd. (1787) timely disclosure | Komori