Komori
Earnings3944Furubayashi Shiko Co.,Ltd.Materials and Chemicals

Summary of Financial Results for the First Quarter of the Fiscal Year Ending December 2026 [Japanese GAAP] (Consolidated)

In the first quarter, net sales declined slightly, while operating income, ordinary income, and profit attributable to owners of the parent declined significantly. Improved profitability from price increases in Japan and a review of the production structure provided support, but this was outweighed by the impact of lower order volumes in China.

Worth reading
60In focus
Scored from 3 of 6 sections
Direction
Deterioration
Direction inferred from the company’s description.
Scale
-55.5
Year-on-year change in operating income (%)
Wording
Conditional
How definitive the wording is.

Results for this period

First quarter1 January 2026–31 March 2026ConsolidatedJapanese GAAP
Net Sales4,232¥ millionYear on year -1.2%
Operating profit79¥ millionYear on year -55.5%
Ordinary income79¥ millionYear on year -56.8%
Net income attributable to owners of the parent45¥ millionYear on year -64.7%

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.

Financial position at period-end
Total assets19,491¥ million
of which net assets 10,948 ¥ million

The shaded area represents net assets as a proportion of total assets. It is calculated from the two amounts reported by the company.

Segment revenue
Japan3,65982.9%
China75717.1%
Segment profit
Japan206
China-59
Regional sales
Japan3,65982.9%
China75717.1%
Outlook and shareholder returns
Full-year earnings forecast
Net SalesNot disclosed
Operating profitNot disclosed
Ordinary incomeNot disclosed
Net incomeNot disclosed
RemarksNo change from the consolidated earnings forecasts announced on 9 February 2026
Factors Behind Changes in Business Performance

The decline in order volumes from existing customers in China continued. In Japan, improved profitability resulting from price increases and a review of the production structure provided support, but the impact of lower net sales in China was significant.

Disclosure regarding the going concern assumption

No applicable matters.

Depreciation and amortization¥154 million
Results for this period
ItemDetails
Fiscal Period ClassificationFirst quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 January 2026–31 March 2026
Net Sales¥4,232 million (YoY -1.2%)
Operating profit¥79 million (YoY -55.5%)
Ordinary income¥79 million (YoY -56.8%)
Profit attributable to owners of the parent¥45 million (YoY -64.7%)
Total assets¥19,491 million
Net assets¥10,948 million
Full-year earnings forecastNet Sales Not disclosed / Operating profit Not disclosed / Ordinary income Not disclosed / Net income Not disclosed / Remarks No change from the consolidated earnings forecasts announced on 9 February 2026
Segment revenueSegment Japan / Net Sales ¥3,659 million / Year-on-year (%) -0.6, Segment China / Net Sales ¥757 million / Year-on-year (%) -11.2
Segment profitSegment Japan / Segment profit ¥206 million / Year-on-year (%) 23.3, Segment China / Segment profit ¥-59 million / Year-on-year (%) Not disclosed / Profit for the same period of the previous year ¥45 million
Regional salesRegion Japan / Net Sales ¥3,659 million / Year-on-year (%) -0.6, Region China / Net Sales ¥757 million / Year-on-year (%) -11.2
Depreciation and amortization¥154 million
Disclosure regarding the going concern assumptionNo applicable matters.
Factors Behind Changes in Business PerformanceThe decline in order volumes from existing customers in China continued. In Japan, improved profitability resulting from price increases and a review of the production structure provided support, but the impact of lower net sales in China was significant.
Items this document does not state (21)
Net income per shareOperating MarginEquity ratioCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodRevision to Earnings ForecastAnnual Dividend ForecastPayout ratioShareholder Return PolicyOrders received and order backlogImpairment lossBreakdown of extraordinary income (loss)Change in accounting policyChanges in the scope of consolidationMaterial subsequent eventsAvailability of Supplementary Financial Results MaterialsAvailability of Financial Results BriefingIssued Shares at Period-EndTreasury Shares at Period-End

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.

Net sales declined because order volumes from existing customers in China remained depressed. In Japan, improved profitability resulting from price increases and a review of the production structure provided support, but the impact of lower net sales in China was significant.

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 December 2026 [Japanese GAAP] (Consolidated) | Furubayashi Shiko Co.,Ltd. (3944) timely disclosure | Komori