Komori
Earnings1946TOENEC CORPORATIONConstruction and Materials

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

For the interim period of the fiscal year ending March 2027, sales increased 0.5% year on year and operating profit increased 18.8%, resulting in higher sales and profit. Profit growth exceeded sales growth due to improved project profitability and the recognition of settlement proceeds received.

Worth reading
41Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
18.8
Year-on-year change (operating profit, %)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAP
Net Sales125,276¥ millionYear on year +0.5%Progress 44.0%
Operating profit10,178¥ millionYear on year +18.8%Progress 42.4%
Ordinary income9,881¥ millionYear on year +13.8%Progress 42.0%
Net income attributable to owners of the parent7,573¥ millionYear on year +5.0%Progress 42.1%

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¥81.03
Financial position at period-end
Total assets290,022¥ million
of which net assets 159,501 ¥ millionEquity ratio 55.0%vs. prior year-end +5.9pt

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.

Cash inflows and outflows
Operating+2,626
Investment-2,841
Financials-9,550
Net change-9,765

Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).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¥36,281 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥285,000 million (YoY +4.6%)
Operating profit¥24,000 million (YoY +12.0%)
Ordinary income¥23,500 million (YoY +3.8%)
Net income¥18,000 million (YoY +1.1%)
Annual Dividend Forecast¥76 → ¥76(0.0%)
Factors Behind Changes in Business Performance

Revenue increased despite a decline in revenue from indoor wiring construction, mainly due to an increase in the volume of power distribution line construction. Profit increased due to improved construction profitability and the recognition of settlement proceeds, among other factors.

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
Changes in the scope of consolidationNew Not applicable / Excluded Not applicable / Company name Not applicable
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥1 million, Settlement proceeds received ¥3,000 million / Extraordinary loss Loss on sale and disposal of non-current assets ¥42 million
Depreciation and amortization¥5,429 million
Orders received and order backlogOrders received ¥136,111 million / Order backlog ¥169,933 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for institutional investors and analysts)
Issued Shares at Period-End96,649,950 shares
Treasury Shares at Period-End3,176,197 shares
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 September 2026
Net Sales¥125,276 million (YoY +0.5%)
Operating profit¥10,178 million (YoY +18.8%)
Ordinary income¥9,881 million (YoY +13.8%)
Profit attributable to owners of the parent¥7,573 million (YoY +5.0%)
Net income per share¥81.03
Equity ratioEnd of the current fiscal period 55 / End of previous period 49.1
Total assets¥290,022 million
Net assets¥159,501 million
Cash flows from operating activities¥2,626 million
Cash flows from investing activities¥-2,841 million
Cash flows from financing activities¥-9,550 million
Cash and cash equivalents at end of period¥36,281 million
Full-year earnings forecastNet Sales ¥285,000 million (YoY +4.6%) / Operating profit ¥24,000 million (YoY +12.0%) / Ordinary income ¥23,500 million (YoY +3.8%) / Net income ¥18,000 million (YoY +1.1%)
Annual Dividend Forecast¥76 → ¥76(0.0%)
Orders received and order backlogOrders received ¥136,111 million / Order backlog ¥169,933 million
Depreciation and amortization¥5,429 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥1 million, Settlement proceeds received ¥3,000 million / Extraordinary loss Loss on sale and disposal of non-current assets ¥42 million
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
Changes in the scope of consolidationNew Not applicable / Excluded Not applicable / Company name Not applicable
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for institutional investors and analysts)
Issued Shares at Period-End96,649,950 shares
Treasury Shares at Period-End3,176,197 shares
Factors Behind Changes in Business PerformanceRevenue increased despite a decline in revenue from indoor wiring construction, mainly due to an increase in the volume of power distribution line construction. Profit increased due to improved construction profitability and the recognition of settlement proceeds, among other factors.
Items this document does not state (9)
Operating MarginRevision to Earnings ForecastPayout ratioShareholder Return PolicySegment revenueSegment profitRegional salesImpairment lossMaterial 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.

Although net sales from indoor wiring work declined, revenue increased due mainly to higher volumes of distribution-line construction work. Profit increased due to improved project profitability and the recording of settlement proceeds received.

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 for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 (Japanese GAAP) (Consolidated) | TOENEC CORPORATION (1946) timely disclosure | Komori