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Earnings3553KYOWA LEATHER CLOTH CO.,LTD.Materials and Chemicals

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

For the interim period, net sales increased 9.6% year on year and operating profit increased 120.0%. Interim net income attributable to owners of the parent also turned from a ¥27 million loss in the prior-year period to a ¥228 million profit. Full-year earnings forecasts were revised, with operating profit of ¥100 million and an ordinary loss of ¥50 million now expected.

Worth reading
51Recurring
Scored from 5 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
120
%
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAP
Net Sales28,059¥ millionYear on year +9.6%Progress 50.1%
Operating profit285¥ millionYear on year +120.0%Progress 285.0%
Ordinary income263¥ millionYear on year +36.7%
Net income attributable to owners of the parent228¥ million

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¥9.59
Financial position at period-end
Total assets56,434¥ million
of which net assets 37,393 ¥ millionEquity ratio 64.4%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.

Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥56,000 million (YoY +0.3%)
Operating profit¥100 million (YoY -89.1%)
Ordinary income¥-50 million
Profit attributable to owners of the parent¥20 million (YoY -96.9%)
Revision to Earnings ForecastNot disclosed → Net Sales ¥56,000 million / Operating profit ¥100 million / Ordinary income ¥-50 million / Profit attributable to owners of the parent ¥20 million
Annual Dividend Forecast¥52 → ¥52(0.0%)
Factors Behind Changes in Business Performance

Sales in the automotive applications business increased due to the reflection of higher material costs and other factors in selling prices, as well as the effect of yen depreciation against foreign currencies. Sales also increased in the housing and housing equipment, and fashion and lifestyle materials businesses.

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 1 / Company name 東宝繊維株式会社 / Excluded Not disclosed
Availability of Supplementary Financial Results MaterialsAvailable
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End24,500,000 Shares
Treasury Shares at Period-End669,302 Shares
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 September 2026
Net Sales¥28,059 million (YoY +9.6%)
Operating profit¥285 million (YoY +120.0%)
Ordinary income¥263 million (YoY +36.7%)
Profit attributable to owners of the parent¥228 million
Net income per share¥9.59
Equity ratioEnd of the current fiscal period 64.4 / End of previous period 63.6
Total assets¥56,434 million
Net assets¥37,393 million
Full-year earnings forecastNet Sales ¥56,000 million (YoY +0.3%) / Operating profit ¥100 million (YoY -89.1%) / Ordinary income ¥-50 million / Profit attributable to owners of the parent ¥20 million (YoY -96.9%)
Revision to Earnings ForecastNot disclosed → Net Sales ¥56,000 million / Operating profit ¥100 million / Ordinary income ¥-50 million / Profit attributable to owners of the parent ¥20 million
Annual Dividend Forecast¥52 → ¥52(0.0%)
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 1 / Company name 東宝繊維株式会社 / Excluded Not disclosed
Availability of Supplementary Financial Results MaterialsAvailable
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End24,500,000 Shares
Treasury Shares at Period-End669,302 Shares
Factors Behind Changes in Business PerformanceSales in the automotive applications business increased due to the reflection of higher material costs and other factors in selling prices, as well as the effect of yen depreciation against foreign currencies. Sales also increased in the housing and housing equipment, and fashion and lifestyle materials businesses.
Items this document does not state (15)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodPayout ratioShareholder Return PolicySegment revenueSegment profitRegional salesOrders received and order backlogDepreciation and amortizationImpairment lossBreakdown of extraordinary income (loss)Material 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.

Sales in the automotive applications business increased due to the reflection of higher material costs and other factors in selling prices, as well as the effect of yen depreciation against foreign currencies. Sales also increased in the housing and housing equipment, and fashion and lifestyle materials businesses. The reasons for revising the full-year earnings forecasts are not explained in this earnings summary, which only refers to the separately published “Notice Concerning Revision of Earnings Forecasts.”

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.
Summary of Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated) | KYOWA LEATHER CLOTH CO.,LTD. (3553) timely disclosure | Komori