Komori
Earnings3571SOTOH CO.,LTD.Materials and Chemicals

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

In the first quarter, net sales, operating income and ordinary income were lower than in the same period of the previous year, while net income attributable to owners of the parent increased due to government subsidy income and gains on the sale of investment securities. The full-year earnings forecast has been left undetermined because the impact of the situation in the Middle East and other factors cannot be reasonably estimated.

Worth reading
50Recurring
Scored from 5 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
65.8
% (year-on-year change in net income attributable to owners of the parent)
Wording
Avoiding a definitive answer
How definitive the wording is.

Results for this period

First quarter1 April 2026 to 30 June 2026ConsolidatedJapanese GAAP
Net Sales3,033¥ millionYear on year -4.0%
Operating profit81¥ millionYear on year -29.5%
Ordinary income127¥ millionYear on year -19.8%
Net income attributable to owners of the parent326¥ millionYear on year +65.8%

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.

Net income per share¥26.81
Financial position at period-end
Total assets20,571¥ million
of which net assets 15,154 ¥ millionEquity ratio 73.7%vs. prior year-end -1.6pt

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.

Segment revenue
Dyeing and processing business1,679,47655.4%+1.7%
Product sales business1,219,93740.2%-12.0%
Real Estate Business133,6094.4%+11.1%
Segment profit
Dyeing and processing business-4,751
Product sales business5,774-91.6%
Real Estate Business80,574+10.0%
Outlook and shareholder returns
Full-year earnings forecast
Net SalesUndecided
Operating profitUndecided
Ordinary incomeUndecided
Net incomeUndecided
Annual Dividend Forecast¥42 → ¥40(-4.8%)
Factors Behind Changes in Business Performance

Net sales decreased due to sluggish apparel sales, lower demand, reductions in product inventories and planned production, and other factors. Operating income decreased due to higher raw material prices and the recognition of an allowance for doubtful accounts of ¥77.00 million, among other factors. Net income attributable to owners of the parent increased due to government subsidy income of ¥231.17 million and gains on the sale of investment securities of ¥91.70 million, among other factors.

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 consolidationNew 0 companies / Excluded 0 companies / Company name None
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥4,127 thousand, Subsidy Income ¥231,177 thousand, Gain on sale of investment securities ¥91,701 thousand / Extraordinary loss Not disclosed
Depreciation and amortization¥188,725 thousand
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End13,533,757 shares
Treasury Shares at Period-End1,347,323 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 Sales¥3,033 million (YoY -4.0%)
Operating profit¥81 million (YoY -29.5%)
Ordinary income¥127 million (YoY -19.8%)
Profit attributable to owners of the parent¥326 million (YoY +65.8%)
Net income per share¥26.81
Equity ratioEnd of the current fiscal period 73.7% / End of previous period 75.3%
Total assets¥20,571 million
Net assets¥15,154 million
Full-year earnings forecastNet Sales Undecided / Operating profit Undecided / Ordinary income Undecided / Net income Undecided
Annual Dividend Forecast¥42 → ¥40(-4.8%)
Segment revenueDyeing and processing business ¥1,679,476 thousand (YoY +1.7%) / Product sales business ¥1,219,937 thousand (YoY -12.0%) / Real Estate Business ¥133,609 thousand (YoY +11.1%)
Segment profitDyeing and processing business ¥-4,751 thousand / Product sales business ¥5,774 thousand (YoY -91.6%) / Real Estate Business ¥80,574 thousand (YoY +10.0%)
Depreciation and amortization¥188,725 thousand
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥4,127 thousand, Subsidy Income ¥231,177 thousand, Gain on sale of investment securities ¥91,701 thousand / Extraordinary loss Not disclosed
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 consolidationNew 0 companies / Excluded 0 companies / Company name None
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End13,533,757 shares
Treasury Shares at Period-End1,347,323 shares
Factors Behind Changes in Business PerformanceNet sales decreased due to sluggish apparel sales, lower demand, reductions in product inventories and planned production, and other factors. Operating income decreased due to higher raw material prices and the recognition of an allowance for doubtful accounts of ¥77.00 million, among other factors. Net income attributable to owners of the parent increased due to government subsidy income of ¥231.17 million and gains on the sale of investment securities of ¥91.70 million, among other factors.
Items this document does not state (12)
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 backlogImpairment lossMaterial 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 company cited sluggish sales of summer apparel, lower demand for high-end apparel, reductions in product inventories and planned production, higher raw material prices, and the recognition of an allowance for doubtful accounts as factors behind the declines in net sales and operating income. The increase in net income was attributed to the recognition of ¥231.17 million in government subsidy income and ¥91.70 million in gains on the sale of investment securities, among other factors. The full-year forecast was left undetermined because of uncertainty over increases in energy and raw material prices resulting from heightened tensions in the Middle East, as well as uncertainty regarding the procurement and pricing of raw materials in the dyeing and processing business.

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 First Quarter of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated) | SOTOH CO.,LTD. (3571) timely disclosure | Komori