Komori
Results3837Ad-Sol Nissin CorporationInformation and Communications, Services and Others

FY2027 Second Quarter (Interim Period) Financial Results Summary [Japanese GAAP] (Consolidated)

For the interim period of the fiscal year ending March 2027, revenue fell 0.8% year on year, while operating profit rose 7.5% and interim net income attributable to owners of the parent rose 13.9%. The full-year earnings forecast remains unchanged, while the annual dividend forecast will be increased from ¥46 in the previous fiscal year to ¥48.

Worth reading
51Recurring
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
7.5
% (year-on-year change in operating profit)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026–30 September 2026ConsolidatedJapanese GAAP
Net Sales8,438¥ millionYear on year -0.8%Progress 46.4%
Operating profit1,185¥ millionYear on year +7.5%Progress 49.4%
Ordinary income1,208¥ millionYear on year +6.4%Progress 48.9%
Net income attributable to owners of the parent855¥ millionYear on year +13.9%

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¥50.44
Financial position at period-end
Total assets9,924¥ million
of which net assets 7,456 ¥ millionEquity ratio 74.1%vs. prior year-end +8.5pt

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.

Cash inflows and outflows
Operating+274,202
Investment+10,908
Financials-472,343
Net change-187,233

Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ thousand).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.

Cash and cash equivalents at end of period¥2,754,172 thousand
Segment revenueSocial Infrastructure Business ¥5,963 million (YoY +8.6%), Advanced Industry Business ¥2,475 million (YoY -18.0%)
Segment profitSocial Infrastructure Business ¥1,471,046 thousand, Advanced Industry Business ¥567,960 thousand
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥18,200 million (YoY +6.1%)
Operating profit¥2,400 million (YoY +11.9%)
Ordinary income¥2,470 million (YoY +11.5%)
Profit attributable to owners of the parent¥1,610 million (YoY +6.5%)
Annual Dividend Forecast¥46 → ¥48(+4.3%)
Factors Behind Changes in Business Performance

Revenue declined due to the launch of services for large projects through the previous fiscal year and the slower-than-initially expected progress of some large projects won this fiscal year. Profit increased due to higher unit prices, an increase in highly profitable projects and an improved gross profit margin.

Disclosure regarding the going concern assumption

None

Change in accounting policy
基準改正に伴う変更 Noneそれ以外の変更 None見積りの変更 None修正再表示 None
Changes in the scope of consolidationNew — companies / Excluded — companies / Company name Not disclosed
Depreciation and amortization¥72,707 thousand
Orders received and order backlogOrders received ¥8,404 million / Order backlog ¥3,633 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable Yes / Subject person Institutional investors and analysts
Issued Shares at Period-End17,289,930
Treasury Shares at Period-End219,874
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026–30 September 2026
Net Sales¥8,438 million (YoY -0.8%)
Operating profit¥1,185 million (YoY +7.5%)
Ordinary income¥1,208 million (YoY +6.4%)
Profit attributable to owners of the parent¥855 million (YoY +13.9%)
Net income per share¥50.44
Equity ratioEnd of the current fiscal period 74.1 / End of previous period 65.6
Total assets¥9,924 million
Net assets¥7,456 million
Cash flows from operating activities¥274,202 thousand
Cash flows from investing activities¥10,908 thousand
Cash flows from financing activities¥-472,343 thousand
Cash and cash equivalents at end of period¥2,754,172 thousand
Full-year earnings forecastNet Sales ¥18,200 million (YoY +6.1%) / Operating profit ¥2,400 million (YoY +11.9%) / Ordinary income ¥2,470 million (YoY +11.5%) / Profit attributable to owners of the parent ¥1,610 million (YoY +6.5%)
Annual Dividend Forecast¥46 → ¥48(+4.3%)
Segment revenueSocial Infrastructure Business ¥5,963 million (YoY +8.6%), Advanced Industry Business ¥2,475 million (YoY -18.0%)
Segment profitSocial Infrastructure Business ¥1,471,046 thousand, Advanced Industry Business ¥567,960 thousand
Orders received and order backlogOrders received ¥8,404 million / Order backlog ¥3,633 million
Depreciation and amortization¥72,707 thousand
Disclosure regarding the going concern assumptionNone
Change in accounting policyChanges due to revisions to standards None / Other changes None / Change in accounting estimate None / Restatement None
Changes in the scope of consolidationNew — companies / Excluded — companies / Company name Not disclosed
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable Yes / Subject person Institutional investors and analysts
Issued Shares at Period-End17,289,930
Treasury Shares at Period-End219,874
Factors Behind Changes in Business PerformanceRevenue declined due to the launch of services for large projects through the previous fiscal year and the slower-than-initially expected progress of some large projects won this fiscal year. Profit increased due to higher unit prices, an increase in highly profitable projects and an improved gross profit margin.
Items this document does not state (8)
Operating MarginRevision to Earnings ForecastPayout ratioShareholder Return PolicyRegional salesImpairment 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.

Revenue was affected by the completion of a large project in the previous fiscal year and the slower-than-initially expected ramp-up of large projects won this fiscal year. Profit benefited from higher unit prices, an increase in high-value-added projects and an improved gross profit margin resulting from business portfolio reforms, which offset increases in selling, general and administrative expenses, including personnel and training costs for new employees.

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