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Earnings365AIZAWA TOWEL CO.,LTD.Materials and Chemicals

First-Quarter Financial Results for the Fiscal Year Ending February 2027 [Japanese GAAP] (Non-consolidated)

In the first quarter, net sales increased 15.2% year on year, while operating profit declined 21.5%. Ordinary profit and quarterly net income turned profitable from losses in the same period of the previous year due to the recognition of foreign exchange gains.

Worth reading
46Recurring
Scored from 5 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
15.2
%
Wording
Conditional
How definitive the wording is.

Results for this period

First quarter1 March 2026–31 May 2026Non-consolidated (standalone)Japanese GAAP
Net Sales2,518¥ millionYear on year +15.2%Progress 21.6%
Operating profit76¥ millionYear on year -21.5%Progress 9.2%
Ordinary income293¥ millionProgress 27.1%
Net income attributable to owners of the parent185¥ millionProgress 29.0%

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¥19.03
Financial position at period-end
Total assets8,164¥ million
of which net assets 3,802 ¥ millionEquity ratio 46.6%vs. prior year-end -2.2pt

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¥11,650 million (YoY +13.3%)
Operating profit¥825 million (YoY +42.1%)
Ordinary income¥1,082 million (YoY -5.6%)
Net income¥638 million (YoY -12.1%)
Annual Dividend Forecast¥40 → ¥42(+5.0%)
Factors Behind Changes in Business Performance

The company strengthened efforts to identify product needs through business activities, collect market information through store surveys and other means, conduct joint research through industry-academia collaboration, develop new production methods, and sell new products through its e-commerce site. Due to the yen's depreciation, it recorded ¥192.376 million in foreign exchange gains, including gains and losses from the fair-value measurement of foreign exchange forwards, as non-operating income.

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 amortization¥2,649 thousand
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (for institutional investors and analysts)
Issued Shares at Period-End10,000,000
Treasury Shares at Period-End300,000
Results for this period
ItemDetails
Fiscal Period ClassificationFirst quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedNon-consolidated (standalone)
Period Covered1 March 2026–31 May 2026
Net Sales¥2,518 million (YoY +15.2%)
Operating profit¥76 million (YoY -21.5%)
Ordinary income¥293 million
Profit attributable to owners of the parent¥185 million
Net income per share¥19.03
Equity ratioEnd of the current fiscal period 46.6 / End of previous period 48.8
Total assets¥8,164 million
Net assets¥3,802 million
Full-year earnings forecastNet Sales ¥11,650 million (YoY +13.3%) / Operating profit ¥825 million (YoY +42.1%) / Ordinary income ¥1,082 million (YoY -5.6%) / Net income ¥638 million (YoY -12.1%)
Annual Dividend Forecast¥40 → ¥42(+5.0%)
Depreciation and amortization¥2,649 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
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (for institutional investors and analysts)
Issued Shares at Period-End10,000,000
Treasury Shares at Period-End300,000
Factors Behind Changes in Business PerformanceThe company strengthened efforts to identify product needs through business activities, collect market information through store surveys and other means, conduct joint research through industry-academia collaboration, develop new production methods, and sell new products through its e-commerce site. Due to the yen's depreciation, it recorded ¥192.376 million in foreign exchange gains, including gains and losses from the fair-value measurement of foreign exchange forwards, as non-operating income.
Items this document does not state (16)
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 PolicySegment revenueSegment profitRegional 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.

The company explained that it focused on identifying product needs, collecting market information, conducting joint research and developing new production methods, and strengthening sales of new products through its e-commerce site. It also recorded ¥192.376 million in foreign exchange gains, including gains and losses from the fair-value measurement of foreign exchange forwards, as non-operating income due to the yen's depreciation. No direct reason was given for the decline in operating profit.

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First-Quarter Financial Results for the Fiscal Year Ending February 2027 [Japanese GAAP] (Non-consolidated) | IZAWA TOWEL CO.,LTD. (365A) timely disclosure | Komori