Komori
Results1952Shin Nippon Air Technologies Co.,Ltd.Construction and Materials

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

In the first half of the fiscal year ending March 2027, revenue increased 8.1% year on year, while operating profit decreased 17.0% and ordinary profit decreased 13.5%. Interim net income attributable to owners of the parent increased 34.7% due to gains on sales of investment securities. The full-year forecast is unchanged, while the annual dividend forecast has increased from the previous fiscal year's actual dividend of ¥110 to ¥120.

Worth reading
54Recurring
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
2736
Millions of yen
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAP
Net Sales70,118Millions of yenYear on year +8.1%Progress 43.8%
Operating profit4,464Millions of yenYear on year -17.0%Progress 27.9%
Ordinary income5,038Millions of yenYear on year -13.5%Progress 30.5%
Net income attributable to owners of the parent5,365Millions of yenYear on year +34.7%Progress 41.9%

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¥117.96
Financial position at period-end
Total assets123,136Millions of yen
of which net assets 84,075 Millions of yenEquity ratio 68.2%vs. prior year-end +7.2pt

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+7,910
Investment+1,363
Financials-4,338
Net change+4,935

Stacked from zero: upward is an increase in cash, downward a decrease (in Millions of 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 period32,136 Millions of yen
Outlook and shareholder returns
Full-year earnings forecast
Net Sales160,000 Millions of yen (YoY +3.3%)
Operating profit16,000 Millions of yen (YoY +5.8%)
Ordinary income16,500 Millions of yen (YoY +3.9%)
Net income12,800 Millions of yen (YoY +5.3%)
Revision to Earnings ForecastNo
Annual Dividend Forecast110 Yen → 120 Yen
Factors Behind Changes in Business Performance

Construction demand remained firm, while higher construction material prices, labor costs and transportation costs, as well as the ongoing shortage of engineers and skilled workers, continued. In addition to progress on projects already ordered, the company recorded a ¥2,677 million gain on sales of investment securities.

Disclosure regarding the going concern assumption

None 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 No / Excluded Number of companies 0 / Company name No
Material subsequent eventsAt a meeting of the Board of Directors held on 12 November 2026, the company resolved to acquire up to 1 million treasury shares, with a total acquisition price of up to ¥3.5 billion, through market purchases from 13 November 2026 to 31 March 2027.
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets 59 Millions of yen, Gain on Sale of Investment Securities 2,677 Millions of yen / Extraordinary loss Not applicable
Depreciation and amortization361 Millions of yen
Orders received and order backlogOrders received 112,520 Millions of yen / Order backlog 191,149 Millions of yen
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for institutional investors and analysts)
Issued Shares at Period-End48,564,450
Treasury Shares at Period-End2,992,643
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 Sales70,118 Millions of yen (YoY +8.1%)
Operating profit4,464 Millions of yen (YoY -17.0%)
Ordinary income5,038 Millions of yen (YoY -13.5%)
Profit attributable to owners of the parent5,365 Millions of yen (YoY +34.7%)
Net income per share¥117.96
Equity ratioEnd of the current fiscal period 68.2 / End of previous period 61
Total assets123,136 Millions of yen
Net assets84,075 Millions of yen
Cash flows from operating activities7,910 Millions of yen
Cash flows from investing activities1,363 Millions of yen
Cash flows from financing activities-4,338 Millions of yen
Cash and cash equivalents at end of period32,136 Millions of yen
Full-year earnings forecastNet Sales 160,000 Millions of yen (YoY +3.3%) / Operating profit 16,000 Millions of yen (YoY +5.8%) / Ordinary income 16,500 Millions of yen (YoY +3.9%) / Net income 12,800 Millions of yen (YoY +5.3%)
Revision to Earnings ForecastNo
Annual Dividend Forecast110 Yen → 120 Yen
Orders received and order backlogOrders received 112,520 Millions of yen / Order backlog 191,149 Millions of yen
Depreciation and amortization361 Millions of yen
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets 59 Millions of yen, Gain on Sale of Investment Securities 2,677 Millions of yen / Extraordinary loss Not applicable
Disclosure regarding the going concern assumptionNone 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 No / Excluded Number of companies 0 / Company name No
Material subsequent eventsAt a meeting of the Board of Directors held on 12 November 2026, the company resolved to acquire up to 1 million treasury shares, with a total acquisition price of up to ¥3.5 billion, through market purchases from 13 November 2026 to 31 March 2027.
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for institutional investors and analysts)
Issued Shares at Period-End48,564,450
Treasury Shares at Period-End2,992,643
Factors Behind Changes in Business PerformanceConstruction demand remained firm, while higher construction material prices, labor costs and transportation costs, as well as the ongoing shortage of engineers and skilled workers, continued. In addition to progress on projects already ordered, the company recorded a ¥2,677 million gain on sales of investment securities.
Items this document does not state (7)
Operating MarginPayout ratioShareholder Return PolicySegment revenueSegment profitRegional salesImpairment 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.

Construction demand remained firm, while higher construction material prices, labor costs and transportation costs, as well as the ongoing shortage of engineers and skilled workers, continued. The company also recorded a ¥2,677 million gain on sales of investment securities.

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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 Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 (Japanese GAAP) (Consolidated) | Shin Nippon Air Technologies Co.,Ltd. (1952) timely disclosure | Komori