Komori
Results3011BANNERS CO.,LTD.Retail

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

Interim-period revenue increased 1.1% year on year, while operating profit declined 43.8%, ordinary profit declined 52.7%, and interim net income attributable to owners of the parent declined 27.7%. The full-year earnings forecast and annual dividend forecast are both unchanged from the previous forecasts.

Worth reading
44Recurring
Scored from 5 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
43.8
% (year-on-year decrease in operating profit)
Wording
Avoiding a definitive answer
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026–30 September 2026ConsolidatedJapanese GAAP
Net Sales2,500¥ millionYear on year +1.1%Progress 44.0%
Operating profit82¥ millionYear on year -43.8%Progress 25.5%
Ordinary income64¥ millionYear on year -52.7%Progress 21.8%
Net income attributable to owners of the parent72¥ millionYear on year -27.7%Progress 29.5%

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¥4.76
Financial position at period-end
Total assets9,193¥ million
of which net assets 2,792 ¥ millionEquity ratio 30.1%vs. prior year-end +0.8pt

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+195,308
Investment-7,773
Financials-157,295
Net change+30,240

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¥995,802 thousand
Segment revenueReal estate utilization ¥224 million (YoY +106.9%), Automobile Sales ¥1,891 million (YoY +99.4%), Musical instrument sales ¥384 million (YoY +106.2%)
Segment profitReal estate utilization ¥151 million (YoY +100.1%), Automobile Sales ¥-65 million, Musical instrument sales ¥53 million (YoY +111.7%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥5,682 million (YoY +0.5%)
Operating profit¥322 million (YoY +15.2%)
Ordinary income¥294 million (YoY +12.4%)
Net income¥244 million (YoY +17.6%)
Revision to Earnings ForecastNo revision
Annual Dividend Forecast¥5 → ¥5(0.0%)
Factors Behind Changes in Business Performance

Economic recovery due to improvements in the employment and income environment, property redevelopment and acquisitions, sales activities and store events, and price increases, events and promotional activities for musical instrument products

Disclosure regarding the going concern assumption

None

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 material changes)
Breakdown of extraordinary income (loss)Extraordinary income Penalty Income ¥24,287 thousand / Extraordinary loss Loss on disposal of non-current assets ¥364 thousand
Depreciation and amortization¥102,427 thousand
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo
Issued Shares at Period-End20,236,086
Treasury Shares at Period-End4,924,321
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026–30 September 2026
Net Sales¥2,500 million (YoY +1.1%)
Operating profit¥82 million (YoY -43.8%)
Ordinary income¥64 million (YoY -52.7%)
Profit attributable to owners of the parent¥72 million (YoY -27.7%)
Net income per share¥4.76
Equity ratioEnd of the current fiscal period 30.1 % / End of previous period 29.3 %
Total assets¥9,193 million
Net assets¥2,792 million
Cash flows from operating activities¥195,308 thousand
Cash flows from investing activities¥-7,773 thousand
Cash flows from financing activities¥-157,295 thousand
Cash and cash equivalents at end of period¥995,802 thousand
Full-year earnings forecastNet Sales ¥5,682 million (YoY +0.5%) / Operating profit ¥322 million (YoY +15.2%) / Ordinary income ¥294 million (YoY +12.4%) / Net income ¥244 million (YoY +17.6%)
Revision to Earnings ForecastNo revision
Annual Dividend Forecast¥5 → ¥5(0.0%)
Segment revenueReal estate utilization ¥224 million (YoY +106.9%), Automobile Sales ¥1,891 million (YoY +99.4%), Musical instrument sales ¥384 million (YoY +106.2%)
Segment profitReal estate utilization ¥151 million (YoY +100.1%), Automobile Sales ¥-65 million, Musical instrument sales ¥53 million (YoY +111.7%)
Depreciation and amortization¥102,427 thousand
Breakdown of extraordinary income (loss)Extraordinary income Penalty Income ¥24,287 thousand / Extraordinary loss Loss on disposal of non-current assets ¥364 thousand
Disclosure regarding the going concern assumptionNone
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 material changes)
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo
Issued Shares at Period-End20,236,086
Treasury Shares at Period-End4,924,321
Factors Behind Changes in Business PerformanceEconomic recovery due to improvements in the employment and income environment, property redevelopment and acquisitions, sales activities and store events, and price increases, events and promotional activities for musical instrument products
Items this document does not state (7)
Operating MarginPayout ratioShareholder Return PolicyRegional 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.

The company explained that, although the economy was recovering due to improvements in the employment and income environment, conditions required attention to developments in the Middle East, natural disasters, and volatility in the financial and capital markets. In each business, the company promoted property redevelopment and acquisitions, sales activities and store events, as well as price increases, events and promotional activities for musical instrument products, but it did not specify the direct factors behind the decline in consolidated operating profit.

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.
Financial Results Summary for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated) | BANNERS CO.,LTD. (3011) timely disclosure | Komori