Komori

Financial Results for the Fiscal Year Ending March 2026 (Japanese GAAP) (Consolidated)

For the fiscal year ended March 2026, net sales increased 1.4%, operating profit rose 5.8%, and net profit increased 29.4%, with all profit metrics reaching record highs. For the fiscal year ending March 2027, however, the Company expects net sales, operating profit, and net profit to decline.

Worth reading
53Recurring
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
21.3
%
Wording
Conditional
How definitive the wording is.

Results for this period

Full year1 April 2025–31 March 2026ConsolidatedJapanese GAAP
Net Sales32,982¥ millionYear on year +1.4%Progress 102.7%
Operating profit3,047¥ millionYear on year +5.8%Progress 127.0%
Ordinary income3,339¥ millionYear on year +9.4%Progress 128.4%
Net income attributable to owners of the parent2,765¥ millionYear on year +29.4%

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¥100.58
Operating Margin9.2 %
Financial position at period-end
Total assets31,813¥ million
of which net assets 20,603 ¥ millionEquity ratio 64.8%vs. prior year-end +8.3pt

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+2,658
Investment-1,132
Financials-1,928
Net change-402

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¥2,892 million
Segment revenueSugar business ¥31,368 million (YoY +1.6%), Bio Business ¥1,603 million (YoY -1.3%), Other ¥139 million (YoY +2.8%)
Segment profitSugar business ¥4,193 million (YoY +8.7%), Bio Business ¥282 million (YoY -10.7%), Other ¥77 million (YoY -0.2%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥32,100 million (YoY -2.7%)
Operating profit¥2,400 million (YoY -21.3%)
Ordinary income¥2,600 million (YoY -22.1%)
Profit attributable to owners of the parent¥1,800 million (YoY -34.9%)
Annual Dividend Forecast¥20 → ¥16(-20.0%)
Payout ratio19.9
Factors Behind Changes in Business Performance

In the Sugar Business, sales of products for commercial use increased due to the Osaka-Kansai Expo and growing tourism and inbound demand. The business also worked to procure and sell products at appropriate prices, resulting in higher revenue and profit. In the Bio Business, sales of certain consumer and commercial products remained sluggish, resulting in lower revenue and profit.

Disclosure regarding the going concern assumption

Not 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 0 companies (company name: —) / Excluded 0 companies (company name: —)
Material subsequent eventsNot applicable.
Impairment loss¥3 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of investment securities ¥605 million / Extraordinary loss Impairment Losses ¥3 million
Depreciation and amortization¥602 million
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End35,000,000 shares
Treasury Shares at Period-End7,480,346 shares
Results for this period
ItemDetails
Fiscal Period ClassificationFull year
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2025–31 March 2026
Net Sales¥32,982 million (YoY +1.4%)
Operating profit¥3,047 million (YoY +5.8%)
Ordinary income¥3,339 million (YoY +9.4%)
Profit attributable to owners of the parent¥2,765 million (YoY +29.4%)
Net income per share¥100.58
Operating Margin9.2 %
Equity ratioEnd of the current fiscal period 64.8 / End of previous period 56.5
Total assets¥31,813 million
Net assets¥20,603 million
Cash flows from operating activities¥2,658 million
Cash flows from investing activities¥-1,132 million
Cash flows from financing activities¥-1,928 million
Cash and cash equivalents at end of period¥2,892 million
Full-year earnings forecastNet Sales ¥32,100 million (YoY -2.7%) / Operating profit ¥2,400 million (YoY -21.3%) / Ordinary income ¥2,600 million (YoY -22.1%) / Profit attributable to owners of the parent ¥1,800 million (YoY -34.9%)
Annual Dividend Forecast¥20 → ¥16(-20.0%)
Payout ratio19.9
Segment revenueSugar business ¥31,368 million (YoY +1.6%), Bio Business ¥1,603 million (YoY -1.3%), Other ¥139 million (YoY +2.8%)
Segment profitSugar business ¥4,193 million (YoY +8.7%), Bio Business ¥282 million (YoY -10.7%), Other ¥77 million (YoY -0.2%)
Depreciation and amortization¥602 million
Impairment loss¥3 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of investment securities ¥605 million / Extraordinary loss Impairment Losses ¥3 million
Disclosure regarding the going concern assumptionNot 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 0 companies (company name: —) / Excluded 0 companies (company name: —)
Material subsequent eventsNot applicable.
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End35,000,000 shares
Treasury Shares at Period-End7,480,346 shares
Factors Behind Changes in Business PerformanceIn the Sugar Business, sales of products for commercial use increased due to the Osaka-Kansai Expo and growing tourism and inbound demand. The business also worked to procure and sell products at appropriate prices, resulting in higher revenue and profit. In the Bio Business, sales of certain consumer and commercial products remained sluggish, resulting in lower revenue and profit.
Items this document does not state (4)
Revision to Earnings ForecastShareholder Return PolicyRegional salesOrders received and order backlog

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.

During the fiscal year, sales of sugar products for commercial use increased amid the Osaka-Kansai Expo and growing tourism and inbound demand. The Sugar Business also worked to procure and sell products at appropriate prices, resulting in higher revenue and profit. The Bio Business reported lower revenue and profit due to sluggish sales of certain consumer and commercial products. For the next fiscal year, the Company cited the unstable foreign exchange market, uncertainty in overseas economies, and trends in raw material and energy prices, among other factors.

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Financial Results for the Fiscal Year Ending March 2026 (Japanese GAAP) (Consolidated) | Ensuiko Sugar Refining Co.,Ltd. (2112) timely disclosure | Komori