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Earnings3421INABA SEISAKUSHO Co.,Ltd.Construction and Materials

Consolidated Financial Results for the Third Quarter of the Fiscal Year Ending July 2026 [Japanese GAAP]

For the nine months ended 30 April 2026, net sales decreased 0.6% year on year, while operating income increased 8.9% and net income attributable to owners of the parent increased 15.1%. The full-year earnings and dividend forecasts remain unchanged from the previous forecasts.

Worth reading
42Recurring
Scored from 5 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
8.9
%
Wording
Conditional
How definitive the wording is.

Results for this period

Third quarter1 August 2025–30 April 2026ConsolidatedJapanese GAAP
Net Sales31,451¥ millionYear on year -0.6%Progress 73.4%
Operating profit1,665¥ millionYear on year +8.9%Progress 67.7%
Ordinary income1,986¥ millionYear on year +11.8%Progress 70.9%
Net income attributable to owners of the parent1,397¥ millionYear on year +15.1%Progress 74.7%

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¥88.07
Financial position at period-end
Total assets59,390¥ million
of which net assets 44,445 ¥ millionEquity ratio 74.8%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.

Segment revenueSteel storage units ¥20,620 million (YoY -4.9%), Office furniture ¥10,831 million (YoY +8.7%)
Segment profitSteel storage units ¥1,624 million (YoY -14.3%), Office furniture ¥693 million (YoY +111.2%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥42,850 million (YoY +2.3%)
Operating profit¥2,460 million (YoY +31.9%)
Ordinary income¥2,800 million (YoY +27.4%)
Net income¥1,870 million (YoY +20.9%)
Annual Dividend Forecast¥42 → ¥44(+4.8%)
Factors Behind Changes in Business Performance

Demand in the steel storage unit business weakened amid sluggish personal consumption caused by rising prices, while sales of products addressing demand for disaster preparedness remained firm. Demand for office relocations and renovations was strong in the office furniture business. The company worked to improve its gross profit margin through new products, strengthened sales activities, price revisions, and thorough profitability management for each project.

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 No
Changes in the scope of consolidationNew Number of companies 0 / Company name None / Excluded Number of companies 0 / Company name None
Impairment lossNo applicable matters
Breakdown of extraordinary income (loss)Extraordinary income Gain on elimination of shares held in a merged company ¥68,886 thousand, Gain on sale of non-current assets ¥2,159 thousand, Insurance surrender value ¥17,800 thousand / Extraordinary loss Loss on sale of fixed assets ¥305 thousand, Loss on Disposal of Fixed Assets ¥15,237 thousand
Depreciation and amortization¥1,289,979 thousand
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo
Issued Shares at Period-End17,022,429
Treasury Shares at Period-End1,282,813
Results for this period
ItemDetails
Fiscal Period ClassificationThird quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 August 2025–30 April 2026
Net Sales¥31,451 million (YoY -0.6%)
Operating profit¥1,665 million (YoY +8.9%)
Ordinary income¥1,986 million (YoY +11.8%)
Profit attributable to owners of the parent¥1,397 million (YoY +15.1%)
Net income per share¥88.07
Equity ratioEnd of the current fiscal period 74.8 / End of previous period 74
Total assets¥59,390 million
Net assets¥44,445 million
Full-year earnings forecastNet Sales ¥42,850 million (YoY +2.3%) / Operating profit ¥2,460 million (YoY +31.9%) / Ordinary income ¥2,800 million (YoY +27.4%) / Net income ¥1,870 million (YoY +20.9%)
Annual Dividend Forecast¥42 → ¥44(+4.8%)
Segment revenueSteel storage units ¥20,620 million (YoY -4.9%), Office furniture ¥10,831 million (YoY +8.7%)
Segment profitSteel storage units ¥1,624 million (YoY -14.3%), Office furniture ¥693 million (YoY +111.2%)
Depreciation and amortization¥1,289,979 thousand
Impairment lossNo applicable matters
Breakdown of extraordinary income (loss)Extraordinary income Gain on elimination of shares held in a merged company ¥68,886 thousand, Gain on sale of non-current assets ¥2,159 thousand, Insurance surrender value ¥17,800 thousand / Extraordinary loss Loss on sale of fixed assets ¥305 thousand, Loss on Disposal of Fixed Assets ¥15,237 thousand
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 No
Changes in the scope of consolidationNew Number of companies 0 / Company name None / Excluded Number of companies 0 / Company name None
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo
Issued Shares at Period-End17,022,429
Treasury Shares at Period-End1,282,813
Factors Behind Changes in Business PerformanceDemand in the steel storage unit business weakened amid sluggish personal consumption caused by rising prices, while sales of products addressing demand for disaster preparedness remained firm. Demand for office relocations and renovations was strong in the office furniture business. The company worked to improve its gross profit margin through new products, strengthened sales activities, price revisions, and thorough profitability management for each project.
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.

Demand for steel storage units weakened amid sluggish personal consumption caused by rising prices, but sales of medium-sized and warehouse products addressing demand for disaster preparedness remained firm. In the office furniture business, demand for office relocations and renovations was strong. Across the company, efforts to improve the gross profit margin included expanding the product lineup with new products, sales activities proposing applications for products, price revisions, and thorough profitability management for each project.

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Consolidated Financial Results for the Third Quarter of the Fiscal Year Ending July 2026 [Japanese GAAP] | INABA SEISAKUSHO Co.,Ltd. (3421) timely disclosure | Komori