Komori
Earnings3611MATSUOKA CORPORATIONMaterials and Chemicals

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

In the first quarter, revenue increased against a backdrop of higher orders and expanded production capacity overseas, while operating profit declined due to upfront costs associated with the production capacity expansion and weak performance in the lamination film business. Ordinary profit and net income attributable to owners of the parent increased, mainly due to an increase in foreign exchange gains.

Worth reading
50Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
11.8
%
Wording
Conditional
How definitive the wording is.

Results for this period

First quarter1 April 2026 to 30 June 2026ConsolidatedJapanese GAAP
Net Sales18,958Millions of yenYear on year +11.8%Progress 23.7%
Operating profit148Millions of yenYear on year -28.4%Progress 4.4%
Ordinary income1,113Millions of yenYear on year +45.5%Progress 21.0%
Net income attributable to owners of the parent549Millions of yenYear on year +63.1%Progress 16.1%

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¥52.36
Financial position at period-end
Total assets78,266Millions of yen
of which net assets 43,689 Millions of yenEquity ratio 51.1%vs. prior year-end -2.0pt

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 revenueSewing business 16,585 Millions of yen (YoY +16.2%), Lamination film business 2,372 Millions of yen (YoY -11.8%)
Segment profitSewing business 1,278 Millions of yen (YoY +47.1%), Lamination film business 116 Millions of yen (YoY -66.6%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales80,000 Millions of yen (YoY +7.7%)
Operating profit3,400 Millions of yen (YoY +56.3%)
Ordinary income5,300 Millions of yen (YoY +10.1%)
Net income3,400 Millions of yen (YoY +9.1%)
Annual Dividend Forecast¥100 → ¥115(+15.0%)
Factors Behind Changes in Business Performance

The apparel manufacturing business benefited from firm orders and expanded production capacity in Vietnam, Indonesia and Bangladesh. Operating profit declined due to the impact of upfront costs associated with the production capacity expansion and lower profit in the lamination film business.

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
Depreciation and amortization536 Millions of yen
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End10,593,600
Treasury Shares at Period-End95,192
Results for this period
ItemDetails
Fiscal Period ClassificationFirst quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 June 2026
Net Sales18,958 Millions of yen (YoY +11.8%)
Operating profit148 Millions of yen (YoY -28.4%)
Ordinary income1,113 Millions of yen (YoY +45.5%)
Profit attributable to owners of the parent549 Millions of yen (YoY +63.1%)
Net income per share¥52.36
Equity ratioEnd of the current fiscal period 51.1 / End of previous period 53.1
Total assets78,266 Millions of yen
Net assets43,689 Millions of yen
Full-year earnings forecastNet Sales 80,000 Millions of yen (YoY +7.7%) / Operating profit 3,400 Millions of yen (YoY +56.3%) / Ordinary income 5,300 Millions of yen (YoY +10.1%) / Net income 3,400 Millions of yen (YoY +9.1%)
Annual Dividend Forecast¥100 → ¥115(+15.0%)
Segment revenueSewing business 16,585 Millions of yen (YoY +16.2%), Lamination film business 2,372 Millions of yen (YoY -11.8%)
Segment profitSewing business 1,278 Millions of yen (YoY +47.1%), Lamination film business 116 Millions of yen (YoY -66.6%)
Depreciation and amortization536 Millions of 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
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End10,593,600
Treasury Shares at Period-End95,192
Factors Behind Changes in Business PerformanceThe apparel manufacturing business benefited from firm orders and expanded production capacity in Vietnam, Indonesia and Bangladesh. Operating profit declined due to the impact of upfront costs associated with the production capacity expansion and lower profit in the lamination film business.
Items this document does not state (14)
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 lossBreakdown of extraordinary income (loss)Changes in the scope of consolidationMaterial 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 the apparel manufacturing business, orders remained firm, particularly for casualwear and workwear, and the expansion of production capacity in Vietnam, Indonesia and Bangladesh contributed to performance. Operating profit was affected by upfront costs associated with the expansion of production capacity in the apparel manufacturing business and lower profit in the lamination film business. The lamination film business remained weak due to the sluggish Chinese market, a delay in the recovery of demand and a review of its major customer mix.

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Summary of Financial Results for the First Quarter of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated) | MATSUOKA CORPORATION (3611) timely disclosure | Komori