Komori
Results1882TOA ROAD CORPORATIONConstruction and Materials

Summary of Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated)

Although net sales for the interim period increased 1.8% year on year, operating profit decreased 74.6%, ordinary profit decreased 57.1%, and interim net income attributable to owners of the parent decreased 72.7%. The full-year earnings forecast and annual dividend forecast remain unchanged.

Worth reading
49Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
74.6
% (year-on-year decrease in operating income)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026–30 September 2026ConsolidatedJapanese GAAP
Net Sales52,374million yenYear on year +1.8%Progress 40.3%
Operating profit103million yenYear on year -74.6%Progress 1.7%
Ordinary income236million yenYear on year -57.1%Progress 3.9%
Net income attributable to owners of the parent128million yenYear on year -72.7%Progress 3.0%

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¥2.77
Financial position at period-end
Total assets81,388million yen
of which net assets 53,474 million yenEquity ratio 64.1%vs. prior year-end +3.5pt

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+4,769
Investment-1,077
Financials-5,389
Net change-1,697

Stacked from zero: upward is an increase in cash, downward a decrease (in million yen).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 period12,212 million yen
Segment revenueConstruction 28,614 million yen (YoY -3.8%), Manufacturing, sales and environmental businesses, etc. 23,760 million yen (YoY +9.4%)
Segment profitConstruction 30 million yen (YoY -91.1%), Manufacturing, sales and environmental businesses, etc. 1,325 million yen (YoY +3.9%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales130,000 million yen (YoY +7.1%)
Operating profit6,000 million yen (YoY +3.7%)
Ordinary income6,100 million yen (YoY +1.7%)
Net income4,200 million yen (YoY +22.6%)
Annual Dividend Forecast90 yen → 90 yen(0.0%)
Factors Behind Changes in Business Performance

Amid continued increases in material prices, labor costs and energy prices, the company worked to pass through costs appropriately while strengthening its construction capabilities and improving productivity.

Disclosure regarding the going concern assumption

No applicable matters

Change in accounting policy
基準改正に伴う変更 Noneそれ以外の変更 None見積りの変更 None修正再表示 None
Changes in the scope of consolidationNew 0 companies / Excluded 0 companies / Company name None
Impairment lossNone recorded (impairment losses on fixed assets by reporting segment: “No applicable items”)
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets 16 million yen, Gain on Sale of Investment Securities 0 million yen, Compensation income 17 million yen / Extraordinary loss Loss on Retirement of Fixed Assets 93 million yen
Depreciation and amortization1,065 million yen
Orders received and order backlogOrders received 64,266 million yen / Order backlog carried forward to the next period 48,755 million yen
Availability of Supplementary Financial Results MaterialsNone
Availability of Financial Results BriefingNone (対象者:Not applicable)
Issued Shares at Period-End50,394,730
Treasury Shares at Period-End3,894,756
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026–30 September 2026
Net Sales52,374 million yen (YoY +1.8%)
Operating profit103 million yen (YoY -74.6%)
Ordinary income236 million yen (YoY -57.1%)
Profit attributable to owners of the parent128 million yen (YoY -72.7%)
Net income per share¥2.77
Equity ratioEnd of the current fiscal period 64.1 / End of previous period 60.6
Total assets81,388 million yen
Net assets53,474 million yen
Cash flows from operating activities4,769 million yen
Cash flows from investing activities-1,077 million yen
Cash flows from financing activities-5,389 million yen
Cash and cash equivalents at end of period12,212 million yen
Full-year earnings forecastNet Sales 130,000 million yen (YoY +7.1%) / Operating profit 6,000 million yen (YoY +3.7%) / Ordinary income 6,100 million yen (YoY +1.7%) / Net income 4,200 million yen (YoY +22.6%)
Annual Dividend Forecast90 yen → 90 yen(0.0%)
Segment revenueConstruction 28,614 million yen (YoY -3.8%), Manufacturing, sales and environmental businesses, etc. 23,760 million yen (YoY +9.4%)
Segment profitConstruction 30 million yen (YoY -91.1%), Manufacturing, sales and environmental businesses, etc. 1,325 million yen (YoY +3.9%)
Orders received and order backlogOrders received 64,266 million yen / Order backlog carried forward to the next period 48,755 million yen
Depreciation and amortization1,065 million yen
Impairment lossNone recorded (impairment losses on fixed assets by reporting segment: “No applicable items”)
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets 16 million yen, Gain on Sale of Investment Securities 0 million yen, Compensation income 17 million yen / Extraordinary loss Loss on Retirement of Fixed Assets 93 million yen
Disclosure regarding the going concern assumptionNo applicable matters
Change in accounting policyChanges due to revisions to standards None / Other changes None / Change in accounting estimate None / Restatement None
Changes in the scope of consolidationNew 0 companies / Excluded 0 companies / Company name None
Availability of Supplementary Financial Results MaterialsNone
Availability of Financial Results BriefingNone (対象者:Not applicable)
Issued Shares at Period-End50,394,730
Treasury Shares at Period-End3,894,756
Factors Behind Changes in Business PerformanceAmid continued increases in material prices, labor costs and energy prices, the company worked to pass through costs appropriately while strengthening its construction capabilities and improving productivity.
Items this document does not state (6)
Operating MarginRevision to Earnings ForecastPayout ratioShareholder Return PolicyRegional salesMaterial 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.

The company stated that, amid continued increases in material prices, labor costs and energy prices, it is working to pass through costs appropriately, strengthen its construction capabilities and improve productivity.

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.
Summary of Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated) | TOA ROAD CORPORATION (1882) timely disclosure | Komori