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Earnings3106KURABO INDUSTRIES LTD.Materials and Chemicals

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

For the fiscal year ended March 2026, net sales and operating income were below the previous fiscal year, while net income increased substantially due in part to gains on the sale of cross-shareholdings. For the fiscal year ending March 2027, the Company expects higher net sales and operating income.

Worth reading
56In 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
42.8
% (year-on-year change in net income attributable to owners of the parent)
Wording
Conditional
How definitive the wording is.

Results for this period

Full year1 April 2025–31 March 2026ConsolidatedJapanese GAAP
Net Sales143,758¥ millionYear on year -4.6%Progress 93.3%
Operating profit9,182¥ millionYear on year -11.0%Progress 82.0%
Ordinary income11,071¥ millionYear on year -6.1%Progress 88.6%
Net income attributable to owners of the parent12,876¥ millionYear on year +42.8%Progress 99.0%

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¥781.89
Operating Margin6.4%
Financial position at period-end
Total assets201,844¥ million
of which net assets 133,674 ¥ millionEquity ratio 65.5%vs. prior year-end +2.6pt

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+14,586
Investment+1,366
Financials-15,806
Net change+146

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¥15,499 million
Segment revenueChemical Products Business ¥62,654 million (YoY -5.1%), Textiles Business ¥43,276 million (YoY -10.8%), Environmental Mechatronics Business ¥22,716 million (YoY +3.5%), Food and Services Business ¥11,145 million (YoY +6.6%), Real Estate Business ¥3,965 million (YoY +6.5%)
Segment profitChemical Products Business ¥4,154 million (YoY -17.4%), Textiles Business ¥-897 million, Environmental Mechatronics Business ¥3,867 million (YoY +15.7%), Food and Services Business ¥885 million (YoY +22.1%), Real Estate Business ¥2,299 million (YoY +2.5%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥154,000 million (YoY +7.1%)
Operating profit¥11,200 million (YoY +22.0%)
Ordinary income¥12,500 million (YoY +12.9%)
Net income¥13,000 million (YoY +1.0%)
Annual Dividend Forecast307 Yen (without taking the stock split into account) → 331 Yen (without taking the stock split into account)(+7.8%)
Payout ratio39.3% (actual for the fiscal year ended March 2026), 40.7% (forecast for the fiscal year ending March 2027)
Factors Behind Changes in Business Performance

Net sales and operating income declined due to weakness in markets related to semiconductor manufacturing, lower orders from North American automakers, and delayed recovery in the textile and apparel markets and the housing and building materials markets, among other factors. Meanwhile, the Environmental Mechatronics Business, Food and Services Business, and Real Estate Business reported higher sales and operating income, and net income increased due in part to gains of ¥6,452 million on the sale of cross-shareholdings.

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 consolidation0 additions and 0 exclusions (no material change in the scope of consolidation during the period)
Material subsequent eventsAt a meeting of the Board of Directors held on 14 May 2026, the Company resolved to split each share of common stock into 5 shares, with 30 September 2026 as the record date and 1 October 2026 as the effective date, and to amend its Articles of Incorporation to change the total number of authorized shares to 340,000,000.
Impairment loss¥43 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of investment securities ¥6,452 million, Gain on sale of non-current assets ¥816 million, Subsidy Income ¥116 million, Gain on sale of shares in an affiliated company ¥55 million, Damages received - / Extraordinary loss Losses on disposal of fixed assets ¥128 million, Loss on reduction of fixed assets ¥112 million, Impairment Losses on Shares of Affiliates ¥47 million, Impairment Losses ¥43 million, Business structure improvement costs -, Litigation-Related Costs -
Depreciation and amortization¥5,017 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (for institutional investors and analysts)
Issued Shares at Period-End17,000,000
Treasury Shares at Period-End1,009,008
Results for this period
ItemDetails
Fiscal Period ClassificationFull year
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2025–31 March 2026
Net Sales¥143,758 million (YoY -4.6%)
Operating profit¥9,182 million (YoY -11.0%)
Ordinary income¥11,071 million (YoY -6.1%)
Profit attributable to owners of the parent¥12,876 million (YoY +42.8%)
Net income per share¥781.89
Operating Margin6.4%
Equity ratioEnd of the current fiscal period 65.5% / End of previous period 62.9%
Total assets¥201,844 million
Net assets¥133,674 million
Cash flows from operating activities¥14,586 million
Cash flows from investing activities¥1,366 million
Cash flows from financing activities¥-15,806 million
Cash and cash equivalents at end of period¥15,499 million
Full-year earnings forecastNet Sales ¥154,000 million (YoY +7.1%) / Operating profit ¥11,200 million (YoY +22.0%) / Ordinary income ¥12,500 million (YoY +12.9%) / Net income ¥13,000 million (YoY +1.0%)
Annual Dividend Forecast307 Yen (without taking the stock split into account) → 331 Yen (without taking the stock split into account)(+7.8%)
Payout ratio39.3% (actual for the fiscal year ended March 2026), 40.7% (forecast for the fiscal year ending March 2027)
Segment revenueChemical Products Business ¥62,654 million (YoY -5.1%), Textiles Business ¥43,276 million (YoY -10.8%), Environmental Mechatronics Business ¥22,716 million (YoY +3.5%), Food and Services Business ¥11,145 million (YoY +6.6%), Real Estate Business ¥3,965 million (YoY +6.5%)
Segment profitChemical Products Business ¥4,154 million (YoY -17.4%), Textiles Business ¥-897 million, Environmental Mechatronics Business ¥3,867 million (YoY +15.7%), Food and Services Business ¥885 million (YoY +22.1%), Real Estate Business ¥2,299 million (YoY +2.5%)
Depreciation and amortization¥5,017 million
Impairment loss¥43 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of investment securities ¥6,452 million, Gain on sale of non-current assets ¥816 million, Subsidy Income ¥116 million, Gain on sale of shares in an affiliated company ¥55 million, Damages received - / Extraordinary loss Losses on disposal of fixed assets ¥128 million, Loss on reduction of fixed assets ¥112 million, Impairment Losses on Shares of Affiliates ¥47 million, Impairment Losses ¥43 million, Business structure improvement costs -, Litigation-Related Costs -
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 consolidation0 additions and 0 exclusions (no material change in the scope of consolidation during the period)
Material subsequent eventsAt a meeting of the Board of Directors held on 14 May 2026, the Company resolved to split each share of common stock into 5 shares, with 30 September 2026 as the record date and 1 October 2026 as the effective date, and to amend its Articles of Incorporation to change the total number of authorized shares to 340,000,000.
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (for institutional investors and analysts)
Issued Shares at Period-End17,000,000
Treasury Shares at Period-End1,009,008
Factors Behind Changes in Business PerformanceNet sales and operating income declined due to weakness in markets related to semiconductor manufacturing, lower orders from North American automakers, and delayed recovery in the textile and apparel markets and the housing and building materials markets, among other factors. Meanwhile, the Environmental Mechatronics Business, Food and Services Business, and Real Estate Business reported higher sales and operating income, and net income increased due in part to gains of ¥6,452 million on the sale of cross-shareholdings.
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.

Net sales and operating income declined due to weakness in markets related to semiconductor manufacturing, lower orders from North American automakers, and delayed recovery in the textile and apparel markets, among others. Net income increased due in part to gains on the sale of cross-shareholdings recorded as extraordinary income.

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Financial Results for the Fiscal Year Ending March 2026 [Japanese GAAP] (Consolidated) | KURABO INDUSTRIES LTD. (3106) timely disclosure | Komori