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

Net sales exceeded the year-earlier period due to price revisions and stronger sales of core products, while higher raw material prices pushed up the cost of sales, causing operating profit to turn into an operating loss. Ordinary profit and interim net income attributable to owners of the parent also declined significantly.

Worth reading
47Recurring
Scored from 5 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
-263
¥ million (operating loss)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAP
Net Sales14,889Million yenYear on year +9.6%Progress 48.7%
Operating profit-263Million yen
Ordinary income1,112Million yenYear on year -47.4%Progress 65.4%
Net income attributable to owners of the parent770Million yenYear on year -48.6%Progress 67.0%

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¥75.46
Financial position at period-end
Total assets69,665Million yen
of which net assets 54,064 Million yenEquity ratio 77.6%vs. prior year-end +2.5pt

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+437,022
Investment-163,796
Financials-1,106,497
Net change-833,271

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¥1,695,163 thousand
Outlook and shareholder returns
Full-year earnings forecast
Net Sales30,600 Million yen (YoY +6.1%)
Operating profit300 Million yen (YoY -65.4%)
Ordinary income1,700 Million yen (YoY -41.0%)
Net income1,150 Million yen (YoY -43.4%)
Revision to Earnings ForecastNo
Annual Dividend Forecast32 Yen → 32 Yen(0.0%)
Factors Behind Changes in Business Performance

Revenue increased due to stronger sales of core products and price revisions, while higher raw material costs, including rice used as a key ingredient, pushed up manufacturing costs, resulting in an operating loss.

Disclosure regarding the going concern assumption

There are 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 consolidationNone (no additions or exclusions)
Breakdown of extraordinary income (loss)Extraordinary income: None (gain on sale of fixed assets: —). Extraordinary losses: loss on retirement of fixed assets, ¥4.455 million; valuation loss on investment securities, ¥371 thousand; total, ¥4.826 million.
Depreciation and amortization¥875,467 thousand
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo
Issued Shares at Period-End11,990,000
Treasury Shares at Period-End1,974,013
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 Sales14,889 Million yen (YoY +9.6%)
Operating profit-263 Million yen
Ordinary income1,112 Million yen (YoY -47.4%)
Profit attributable to owners of the parent770 Million yen (YoY -48.6%)
Net income per share¥75.46
Equity ratioEnd of the current fiscal period 77.6 / End of previous period 75.1
Total assets69,665 Million yen
Net assets54,064 Million yen
Cash flows from operating activities¥437,022 thousand
Cash flows from investing activities¥-163,796 thousand
Cash flows from financing activities¥-1,106,497 thousand
Cash and cash equivalents at end of period¥1,695,163 thousand
Full-year earnings forecastNet Sales 30,600 Million yen (YoY +6.1%) / Operating profit 300 Million yen (YoY -65.4%) / Ordinary income 1,700 Million yen (YoY -41.0%) / Net income 1,150 Million yen (YoY -43.4%)
Revision to Earnings ForecastNo
Annual Dividend Forecast32 Yen → 32 Yen(0.0%)
Depreciation and amortization¥875,467 thousand
Breakdown of extraordinary income (loss)Extraordinary income: None (gain on sale of fixed assets: —). Extraordinary losses: loss on retirement of fixed assets, ¥4.455 million; valuation loss on investment securities, ¥371 thousand; total, ¥4.826 million.
Disclosure regarding the going concern assumptionThere are no 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 consolidationNone (no additions or exclusions)
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo
Issued Shares at Period-End11,990,000
Treasury Shares at Period-End1,974,013
Factors Behind Changes in Business PerformanceRevenue increased due to stronger sales of core products and price revisions, while higher raw material costs, including rice used as a key ingredient, pushed up manufacturing costs, resulting in an operating loss.
Items this document does not state (9)
Operating MarginPayout ratioShareholder Return PolicySegment revenueSegment profitRegional salesOrders received and order backlogImpairment 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.

Revenue increased due to stronger sales of core products and price revisions, while higher raw material prices, including rice used as a key ingredient, drove up manufacturing costs. As the company was unable to overcome the increase in manufacturing costs, profit declined and it posted an operating loss.

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.
Consolidated Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] | IWATSUKA CONFECTIONERY CO.,LTD. (2221) timely disclosure | Komori