Komori
Earnings3437TOKUDEN CO.,LTD.Construction and Materials

Summary of Financial Results for the First Quarter of the Fiscal Year Ending March 2027 (Japanese GAAP) (Consolidated)

For the first quarter of the fiscal year ending March 2027, net sales decreased 2.7% year on year and operating income decreased 12.5%, resulting in lower sales and lower earnings. The full-year earnings forecasts were unchanged, while the annual dividend forecast was increased by ¥1, from ¥101 in the previous fiscal year to ¥102.

Worth reading
35Immaterial
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Deterioration
Direction inferred from the company’s description.
Scale
-12.5
% (year-on-year change in operating income)
Wording
Conditional
How definitive the wording is.

Results for this period

First quarter1 April 2026 to 30 June 2026ConsolidatedJapanese GAAP
Net Sales2,647million yenYear on year -2.7%Progress 23.8%
Operating profit156million yenYear on year -12.5%Progress 35.1%
Ordinary income165million yenYear on year -13.0%Progress 35.6%
Net income attributable to owners of the parent111million yenYear on year -14.5%Progress 34.8%

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¥70.19
Financial position at period-end
Total assets11,840million yen
of which net assets 7,957 million yenEquity ratio 66.7%vs. prior year-end +0.9pt

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 revenueConstruction work 1,976 million yen (YoY -5.4%), Welding materials 359 million yen (YoY +4.4%), Environmental Equipment 183 million yen (YoY +50.0%)
Segment profitConstruction work 308 million yen (YoY -8.2%), Welding materials 41 million yen (YoY -3.1%), Environmental Equipment 33 million yen (YoY +284.7%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales11,134 million yen (YoY +2.0%)
Operating profit445 million yen (YoY -23.7%)
Ordinary income464 million yen (YoY -22.8%)
Net income319 million yen (YoY -30.1%)
Revision to Earnings ForecastNo
Annual Dividend Forecast101 yen → 102 yen(+1.0%)
Factors Behind Changes in Business Performance

In Construction Services, orders for top-plate construction increased, while orders for grinding mill construction, kiln hardfacing work and maintenance work related to the steel industry declined. In Welding Materials, the company focused on developing new customers and deepening relationships with existing customers. In Environmental Equipment, orders increased for automotive gear machining and heat-treatment lines. In Other, orders declined for parts for automotive aluminum die-casting machines.

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 consolidationNo material changes (0 additions, 0 exclusions)
Impairment lossNo applicable matters.
Breakdown of extraordinary income (loss)Extraordinary income No applicable matters / Extraordinary loss Loss on Disposal of Fixed Assets 0 thousand yen
Depreciation and amortization89,502 thousand yen
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo (no target participants specified)
Issued Shares at Period-End1,602,000 Shares
Treasury Shares at Period-End20,011 Shares
Results for this period
ItemDetails
Fiscal Period ClassificationFirst quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 June 2026
Net Sales2,647 million yen (YoY -2.7%)
Operating profit156 million yen (YoY -12.5%)
Ordinary income165 million yen (YoY -13.0%)
Profit attributable to owners of the parent111 million yen (YoY -14.5%)
Net income per share¥70.19
Equity ratioEnd of the current fiscal period 66.7 / End of previous period 65.8
Total assets11,840 million yen
Net assets7,957 million yen
Full-year earnings forecastNet Sales 11,134 million yen (YoY +2.0%) / Operating profit 445 million yen (YoY -23.7%) / Ordinary income 464 million yen (YoY -22.8%) / Net income 319 million yen (YoY -30.1%)
Revision to Earnings ForecastNo
Annual Dividend Forecast101 yen → 102 yen(+1.0%)
Segment revenueConstruction work 1,976 million yen (YoY -5.4%), Welding materials 359 million yen (YoY +4.4%), Environmental Equipment 183 million yen (YoY +50.0%)
Segment profitConstruction work 308 million yen (YoY -8.2%), Welding materials 41 million yen (YoY -3.1%), Environmental Equipment 33 million yen (YoY +284.7%)
Depreciation and amortization89,502 thousand yen
Impairment lossNo applicable matters.
Breakdown of extraordinary income (loss)Extraordinary income No applicable matters / Extraordinary loss Loss on Disposal of Fixed Assets 0 thousand yen
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 consolidationNo material changes (0 additions, 0 exclusions)
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo (no target participants specified)
Issued Shares at Period-End1,602,000 Shares
Treasury Shares at Period-End20,011 Shares
Factors Behind Changes in Business PerformanceIn Construction Services, orders for top-plate construction increased, while orders for grinding mill construction, kiln hardfacing work and maintenance work related to the steel industry declined. In Welding Materials, the company focused on developing new customers and deepening relationships with existing customers. In Environmental Equipment, orders increased for automotive gear machining and heat-treatment lines. In Other, orders declined for parts for automotive aluminum die-casting machines.
Items this document does not state (10)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodPayout 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.

In Construction Services, orders declined for grinding mill construction, kiln hardfacing work and maintenance work related to the steel industry. In Other, orders declined for parts for automotive aluminum die-casting machines. Meanwhile, orders increased for environmental equipment, including automotive gear machining and heat-treatment lines. The company also said it worked to improve and enhance the efficiency of its sales activities, reduce costs, develop new customers and deepen relationships with existing customers.

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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Summary of Financial Results for the First Quarter of the Fiscal Year Ending March 2027 (Japanese GAAP) (Consolidated) | TOKUDEN CO.,LTD. (3437) timely disclosure | Komori