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Results287AKuroda Group Co.,Ltd.Trading & Wholesale

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

In the interim period of the fiscal year ending March 2027, revenue, operating profit and interim profit attributable to owners of the parent exceeded the same period of the previous year. The full-year forecast was revised upward to revenue of ¥142.0 billion and operating profit of ¥8.8 billion, reflecting demand related to generative AI and other factors.

Worth reading
55In focus
Scored from 5 of 6 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
50.8
Year-on-year change in operating income (%)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedIFRS
Net Sales70,491¥ millionYear on year +18.5%Progress 49.6%
Operating profit4,336¥ millionYear on year +50.8%Progress 49.3%
Ordinary income3,940¥ millionYear on year +55.4%Progress 48.0%
Net income attributable to owners of the parent2,409¥ millionYear on year +107.1%Progress 44.6%

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¥56.66
Financial position at period-end
Total assets100,144¥ million
of which net assets 43,483 ¥ millionEquity ratio 42.1%vs. prior year-end +0.1pt

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-1,484
Investment-1,750
Financials-2,460
Net change-5,694

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¥11,482 million
Segment revenue
Manufacturing19,66427.3%
Trading companies52,25472.7%
Segment profit
Manufacturing2,45047.2%
Trading companies2,73752.8%
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥142,000 million (YoY +15.6%)
Operating profit¥8,800 million (YoY +34.6%)
Ordinary income¥8,200 million (YoY +37.0%)
Net income¥5,400 million (YoY +53.4%)
Revision to Earnings ForecastNet Sales Not disclosed → ¥142,000 million / Operating profit Not disclosed → ¥8,800 million / Ordinary income Not disclosed → ¥8,200 million / Net income Not disclosed → ¥5,400 million
Annual Dividend Forecast61 yen → 63 yen(+3.3%)
Factors Behind Changes in Business Performance

Demand for nearline models for data centers accompanying the spread of generative AI, orders for automated equipment, stronger sales of electrical installation materials, and increased sales of automotive electronic components and various other materials

Disclosure regarding the going concern assumption

None

Change in accounting policy
基準改正に伴う変更 Noneそれ以外の変更 None見積りの変更 None修正再表示 Not disclosed
Changes in the scope of consolidationNew Number of companies 1 / Company name Kuroda Trading Spain, S.L. / Excluded Number of companies 0 / Company name Not disclosed
Material subsequent eventsNone
Impairment lossImpairment loss on fixed assets of ¥178 million (manufacturing segment)
Depreciation and amortization¥1,330 million
Availability of Supplementary Financial Results MaterialsAvailable
Availability of Financial Results BriefingNone
Issued Shares at Period-End44,890,140 shares
Treasury Shares at Period-End2,202,515 shares
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsIFRS
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 September 2026
Net Sales¥70,491 million (YoY +18.5%)
Operating profit¥4,336 million (YoY +50.8%)
Ordinary income¥3,940 million (YoY +55.4%)
Profit attributable to owners of the parent¥2,409 million (YoY +107.1%)
Net income per share¥56.66
Equity ratioEnd of the current fiscal period 42.1 / End of previous period 42
Total assets¥100,144 million
Net assets¥43,483 million
Cash flows from operating activities¥-1,484 million
Cash flows from investing activities¥-1,750 million
Cash flows from financing activities¥-2,460 million
Cash and cash equivalents at end of period¥11,482 million
Full-year earnings forecastNet Sales ¥142,000 million (YoY +15.6%) / Operating profit ¥8,800 million (YoY +34.6%) / Ordinary income ¥8,200 million (YoY +37.0%) / Net income ¥5,400 million (YoY +53.4%)
Revision to Earnings ForecastNet Sales Not disclosed → ¥142,000 million / Operating profit Not disclosed → ¥8,800 million / Ordinary income Not disclosed → ¥8,200 million / Net income Not disclosed → ¥5,400 million
Annual Dividend Forecast61 yen → 63 yen(+3.3%)
Segment revenueSegment Manufacturing / Net Sales ¥19,664 million / Year on year against the same period last year Increased, Segment Trading companies / Net Sales ¥52,254 million / Year on year against the same period last year Increased
Segment profitSegment Manufacturing / Segment profit ¥2,450 million / Year on year against the same period last year Increased, Segment Trading companies / Segment profit ¥2,737 million / Year on year against the same period last year Increased
Depreciation and amortization¥1,330 million
Impairment lossImpairment loss on fixed assets of ¥178 million (manufacturing segment)
Disclosure regarding the going concern assumptionNone
Change in accounting policyChanges due to revisions to standards None / Other changes None / Change in accounting estimate None / Restatement Not disclosed
Changes in the scope of consolidationNew Number of companies 1 / Company name Kuroda Trading Spain, S.L. / Excluded Number of companies 0 / Company name Not disclosed
Material subsequent eventsNone
Availability of Supplementary Financial Results MaterialsAvailable
Availability of Financial Results BriefingNone
Issued Shares at Period-End44,890,140 shares
Treasury Shares at Period-End2,202,515 shares
Factors Behind Changes in Business PerformanceDemand for nearline models for data centers accompanying the spread of generative AI, orders for automated equipment, stronger sales of electrical installation materials, and increased sales of automotive electronic components and various other materials
Items this document does not state (6)
Operating MarginPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogBreakdown of extraordinary income (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.

This reflects the incorporation of sales results for various materials in each country and region against the backdrop of the spread of generative AI, as well as sales forecasts and other factors based on the future business environment. Factors behind the interim results included demand related to data centers accompanying the spread of generative AI, orders for automated equipment, and increased sales of electrical installation materials and various other materials.

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 [IFRS] | Kuroda Group Co.,Ltd. (287A) timely disclosure | Komori