Komori

Summary of Consolidated Financial Results for the Third Quarter of the Fiscal Year Ending December 2026 (IFRS)

Revenue was broadly flat and business profit increased slightly, while operating profit fell significantly due to restructuring costs and impairment losses. Profit attributable to owners of the parent increased significantly due to the recognition of a substantial gain arising from the loss of control of a subsidiary.

Worth reading
67In focus
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
-12918
Millions of yen (year-on-year change in operating profit)
Wording
Conditional
How definitive the wording is.

Results for this period

Third quarter1 January 2026–30 September 2026ConsolidatedIFRS
Net Sales367,293¥ millionYear on year -0.2%Progress 72.7%
Operating profit2,616¥ millionYear on year -83.2%Progress 43.6%
Ordinary income4,208¥ million
Net income attributable to owners of the parent301,788¥ millionProgress 102.0%

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¥773.98
Financial position at period-end
Total assets856,463¥ million
of which net assets 511,375 ¥ millionEquity ratio 59.6%vs. prior year-end +26.1pt

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+22,967
Investment+219,424
Financials-86,161
Net change+156,230

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¥178,508 million
Segment revenueDomestic Business ¥272,631 million (YoY -1.6%), Overseas business ¥94,653 million (YoY +4.1%)
Segment profitDomestic Business ¥16,294 million (YoY -12.7%), Overseas business ¥-6,531 million
Regional sales100 Millions of SGD (YoY -1.4%), 19 Millions of SGD (YoY -1.2%), 19 Millions of SGD (YoY -40.5%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥505,000 million (YoY -0.4%)
Operating profit¥6,000 million (YoY -75.4%)
Ordinary incomeNot disclosed
Net income¥296,000 million
Revision to Earnings ForecastNo change
Annual Dividend Forecast¥90 → ¥40(-55.6%)
Payout ratio5.3%
Factors Behind Changes in Business Performance

Decline in revenue due to restructuring, including the transfer of the domestic food and beverage business; increase in business profit due to price revisions and the effects of restructuring; gains on the transfer of assets and other items related to the U.S. business; restructuring costs and impairment losses; and recognition of a gain arising from the loss of control of a subsidiary

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 Not disclosed
Changes in the scope of consolidationNew Number of companies 0 / Company name Not disclosed / Excluded Number of companies 2 / Company name サッポロ不動産開発株式会社, SAPPORO BREWERIES LIMITED
Material subsequent eventsOn-site inspection by the Japan Fair Trade Commission under the Antimonopoly Act (began on 7 October 2026; the impact is currently unknown), and the acquisition and cancellation of treasury shares (maximum acquisition of 7 million shares and maximum total acquisition price of ¥10 billion)
Impairment loss¥10,289 million
Breakdown of extraordinary income (loss)Extraordinary income Gain arising from the loss of control of a subsidiary ¥314,476 million / Extraordinary loss Impairment Losses ¥10,289 million, Restructuring costs 非開示 / Notes IFRS income statements do not include separate extraordinary income and extraordinary loss categories; these are the principal non-recurring items described in the main text and elsewhere.
Depreciation and amortization¥13,467 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for institutional investors and analysts)
Issued Shares at Period-End393,971,490
Treasury Shares at Period-End3,999,080
Results for this period
ItemDetails
Fiscal Period ClassificationThird quarter
Accounting standardsIFRS
Consolidated / non-consolidatedConsolidated
Period Covered1 January 2026–30 September 2026
Net Sales¥367,293 million (YoY -0.2%)
Operating profit¥2,616 million (YoY -83.2%)
Ordinary income¥4,208 million
Profit attributable to owners of the parent¥301,788 million
Net income per share¥773.98
Equity ratioEnd of the current fiscal period 59.6 / End of previous period 33.5
Total assets¥856,463 million
Net assets¥511,375 million
Cash flows from operating activities¥22,967 million
Cash flows from investing activities¥219,424 million
Cash flows from financing activities¥-86,161 million
Cash and cash equivalents at end of period¥178,508 million
Full-year earnings forecastNet Sales ¥505,000 million (YoY -0.4%) / Operating profit ¥6,000 million (YoY -75.4%) / Ordinary income Not disclosed / Net income ¥296,000 million
Revision to Earnings ForecastNo change
Annual Dividend Forecast¥90 → ¥40(-55.6%)
Payout ratio5.3%
Segment revenueDomestic Business ¥272,631 million (YoY -1.6%), Overseas business ¥94,653 million (YoY +4.1%)
Segment profitDomestic Business ¥16,294 million (YoY -12.7%), Overseas business ¥-6,531 million
Regional sales100 Millions of SGD (YoY -1.4%), 19 Millions of SGD (YoY -1.2%), 19 Millions of SGD (YoY -40.5%)
Depreciation and amortization¥13,467 million
Impairment loss¥10,289 million
Breakdown of extraordinary income (loss)Extraordinary income Gain arising from the loss of control of a subsidiary ¥314,476 million / Extraordinary loss Impairment Losses ¥10,289 million, Restructuring costs 非開示 / Notes IFRS income statements do not include separate extraordinary income and extraordinary loss categories; these are the principal non-recurring items described in the main text and elsewhere.
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 Not disclosed
Changes in the scope of consolidationNew Number of companies 0 / Company name Not disclosed / Excluded Number of companies 2 / Company name サッポロ不動産開発株式会社, SAPPORO BREWERIES LIMITED
Material subsequent eventsOn-site inspection by the Japan Fair Trade Commission under the Antimonopoly Act (began on 7 October 2026; the impact is currently unknown), and the acquisition and cancellation of treasury shares (maximum acquisition of 7 million shares and maximum total acquisition price of ¥10 billion)
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for institutional investors and analysts)
Issued Shares at Period-End393,971,490
Treasury Shares at Period-End3,999,080
Factors Behind Changes in Business PerformanceDecline in revenue due to restructuring, including the transfer of the domestic food and beverage business; increase in business profit due to price revisions and the effects of restructuring; gains on the transfer of assets and other items related to the U.S. business; restructuring costs and impairment losses; and recognition of a gain arising from the loss of control of a subsidiary
Items this document does not state (3)
Operating MarginShareholder Return PolicyOrders 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.

Revenue declined due to the impact of restructuring, including the transfer of the domestic food and beverage business. Business profit increased due to price revisions in the domestic food and beverage business and the effects of restructuring. Operating profit declined despite gains on the transfer of assets and other items related to the U.S. business, due to the recognition of restructuring costs and impairment losses. Profit attributable to owners of the parent increased due to the recognition of a gain arising from the loss of control of a subsidiary.

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Summary of Consolidated Financial Results for the Third Quarter of the Fiscal Year Ending December 2026 (IFRS) | SAPPORO BREWERIES LIMITED (2501) timely disclosure | Komori