Komori
Results3204Toabo CorporationMaterials and Chemicals

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

For the nine months through the third quarter, revenue increased marginally, up 0.7% year on year, while operating profit declined 12.9%. Net income attributable to owners of the parent increased 69.7%, mainly due to a gain on the sale of investment securities, and the full-year forecast was left unchanged.

Worth reading
50Recurring
Scored from 5 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
69.7
% (year-on-year change in net income attributable to owners of the parent)
Wording
Conditional
How definitive the wording is.

Results for this period

Third quarter1 January 2026–30 September 2026ConsolidatedJapanese GAAP
Net Sales13,044Millions of yenYear on year +0.7%Progress 70.5%
Operating profit438Millions of yenYear on year -12.9%Progress 54.8%
Ordinary income536Millions of yenYear on year -10.4%Progress 74.4%
Net income attributable to owners of the parent593Millions of yenYear on year +69.7%Progress 114.0%

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¥67.53
Financial position at period-end
Total assets34,523Millions of yen
of which net assets 14,804 Millions of yenEquity ratio 42.9%vs. prior year-end +2.2pt

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.

Segment revenue
Apparel Business4,21932.4%-6.1%
Interior Industrial Materials Business5,38541.3%+0.7%
Electronics Business9567.3%+24.3%
Fine Chemicals Business1,1038.5%-1.0%
Real Estate Business6595.1%-1.5%
Other7195.5%+28.7%
Segment profit
Apparel Business97-64.2%
Interior Industrial Materials Business288+167.3%
Electronics Business-17
Fine Chemicals Business46-51.2%
Real Estate Business374-2.8%
Other-57
Outlook and shareholder returns
Full-year earnings forecast
Net Sales18,500 Millions of yen (YoY +5.9%)
Operating profit800 Millions of yen (YoY +40.3%)
Ordinary income720 Millions of yen (YoY -1.5%)
Net income520 Millions of yen (YoY -20.8%)
Annual Dividend Forecast14 Yen → 15 Yen(+7.1%)
Factors Behind Changes in Business Performance

The Apparel Business posted lower revenue and profit due to weak orders, inventory adjustments in school apparel, fewer custom-order projects, lower procurement volumes and fewer additional orders, as well as higher wool prices. The Interior and Industrial Materials Business posted higher revenue and profit due to the recovery in automobile production, strong orders, higher sales volumes and the pass-through of higher costs. The Electronics Business posted higher revenue on strong sales, but its operating loss increased as the sales mix shifted toward products with low gross margins. The Fine Chemicals Business posted lower revenue and profit due to difficulties procuring raw materials, higher raw material prices and equipment problems at a customer. The Real Estate Business posted lower revenue and profit due to tenant withdrawals.

Disclosure regarding the going concern assumption

No applicable matters

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 None
Changes in the scope of consolidationNew Not disclosed / Excluded Not disclosed / Company name Not disclosed / Notes Significant changes in the scope of consolidation during the cumulative consolidated third-quarter period: No
Impairment lossNo material impairment loss
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets 0 / Gain on sale of investment securities 410 / Total 411 / Extraordinary loss Loss on disposal of fixed assets 27 / Loss on reduction of property, plant and equipment 1 / Losses from natural disasters 8 / Loss on valuation of golf membership rights 0 / Loss on liquidation of an affiliated company 0 / Total 37
Depreciation and amortization301 Millions of yen
Availability of Supplementary Financial Results MaterialsNone
Availability of Financial Results BriefingWhether applicable None / Subject person Not disclosed
Issued Shares at Period-End8,940,448
Treasury Shares at Period-End214,373
Results for this period
ItemDetails
Fiscal Period ClassificationThird quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 January 2026–30 September 2026
Net Sales13,044 Millions of yen (YoY +0.7%)
Operating profit438 Millions of yen (YoY -12.9%)
Ordinary income536 Millions of yen (YoY -10.4%)
Profit attributable to owners of the parent593 Millions of yen (YoY +69.7%)
Net income per share¥67.53
Equity ratioEnd of the current fiscal period 42.9 / End of previous period 40.7
Total assets34,523 Millions of yen
Net assets14,804 Millions of yen
Full-year earnings forecastNet Sales 18,500 Millions of yen (YoY +5.9%) / Operating profit 800 Millions of yen (YoY +40.3%) / Ordinary income 720 Millions of yen (YoY -1.5%) / Net income 520 Millions of yen (YoY -20.8%)
Annual Dividend Forecast14 Yen → 15 Yen(+7.1%)
Segment revenueApparel Business 4,219 Millions of yen (YoY -6.1%) / Interior Industrial Materials Business 5,385 Millions of yen (YoY +0.7%) / Electronics Business 956 Millions of yen (YoY +24.3%) / Fine Chemicals Business 1,103 Millions of yen (YoY -1.0%) / Real Estate Business 659 Millions of yen (YoY -1.5%) / Other 719 Millions of yen (YoY +28.7%)
Segment profitApparel Business 97 Millions of yen (YoY -64.2%) / Interior Industrial Materials Business 288 Millions of yen (YoY +167.3%) / Electronics Business -17 Millions of yen / Fine Chemicals Business 46 Millions of yen (YoY -51.2%) / Real Estate Business 374 Millions of yen (YoY -2.8%) / Other -57 Millions of yen
Depreciation and amortization301 Millions of yen
Impairment lossNo material impairment loss
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets 0 / Gain on sale of investment securities 410 / Total 411 / Extraordinary loss Loss on disposal of fixed assets 27 / Loss on reduction of property, plant and equipment 1 / Losses from natural disasters 8 / Loss on valuation of golf membership rights 0 / Loss on liquidation of an affiliated company 0 / Total 37
Disclosure regarding the going concern assumptionNo applicable matters
Change in accounting policyChanges due to revisions to standards None / Other changes None / Change in accounting estimate None / Restatement None
Changes in the scope of consolidationNew Not disclosed / Excluded Not disclosed / Company name Not disclosed / Notes Significant changes in the scope of consolidation during the cumulative consolidated third-quarter period: No
Availability of Supplementary Financial Results MaterialsNone
Availability of Financial Results BriefingWhether applicable None / Subject person Not disclosed
Issued Shares at Period-End8,940,448
Treasury Shares at Period-End214,373
Factors Behind Changes in Business PerformanceThe Apparel Business posted lower revenue and profit due to weak orders, inventory adjustments in school apparel, fewer custom-order projects, lower procurement volumes and fewer additional orders, as well as higher wool prices. The Interior and Industrial Materials Business posted higher revenue and profit due to the recovery in automobile production, strong orders, higher sales volumes and the pass-through of higher costs. The Electronics Business posted higher revenue on strong sales, but its operating loss increased as the sales mix shifted toward products with low gross margins. The Fine Chemicals Business posted lower revenue and profit due to difficulties procuring raw materials, higher raw material prices and equipment problems at a customer. The Real Estate Business posted lower revenue and profit due to tenant withdrawals.
Items this document does not state (11)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodRevision to Earnings ForecastPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogMaterial 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 Apparel Business posted lower revenue and profit due to weak orders and higher wool prices, while the Interior and Industrial Materials Business posted higher revenue and profit, driven by the recovery in automobile production, strong orders and the pass-through of higher costs. The Electronics Business reported a larger operating loss as the sales mix shifted toward products with low gross margins. Net income included a ¥411 million gain on the sale of investment securities.

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Summary of Consolidated Financial Results for the Third Quarter of the Fiscal Year Ending December 2026 (Japanese GAAP) | Toabo Corporation (3204) timely disclosure | Komori