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Results4222KODAMA CHEMICAL INDUSTRY CO.,LTD.Materials and Chemicals

Consolidated Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP]

During the interim period, net sales increased, while operating income and ordinary income also improved significantly. However, interim net income attributable to owners of the parent declined significantly because the gain on negative goodwill recorded in the same period of the previous year was no longer present. The full-year earnings forecast was revised upward for all items.

Worth reading
46Recurring
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
44.7
Year-on-year increase in operating profit (%)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAP
Net Sales42,853¥ millionYear on year +5.8%Progress 51.0%
Operating profit1,326¥ millionYear on year +44.7%Progress 41.4%
Ordinary income928¥ millionYear on year +34.7%Progress 35.7%
Net income attributable to owners of the parent1,077¥ millionYear on year -95.4%

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¥69.25
Financial position at period-end
Total assets67,108¥ million
of which net assets 30,813 ¥ millionEquity ratio 43.1%vs. prior year-end +0.8pt

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+1,596,975
Investment-2,562,412
Financials-490,598
Net change-1,456,035

Stacked from zero: upward is an increase in cash, downward a decrease (in Thousand yen).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 period9,336,048 Thousand yen
Segment revenuePlastics Molding Business ¥8,828 million (YoY +8.8%), Foundry and Forging Business ¥24,880 million (YoY +4.0%), Powder Metallurgy Business ¥9,145 million (YoY +8.3%)
Segment profitPlastics Molding Business ¥721 million (YoY +41.1%), Foundry and Forging Business ¥682 million (YoY +1.4%), Powder Metallurgy Business ¥155 million (YoY +512.9%)
Regional sales22,268,595 Thousand yen, 20,585,146 Thousand yen
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥84,000 million (YoY +1.6%)
Operating profit¥3,200 million (YoY +19.4%)
Ordinary income¥2,600 million (YoY +13.2%)
Profit attributable to owners of parent¥2,550 million (YoY -89.2%)
Revision to Earnings ForecastNet Sales Not disclosed → ¥84,000 million / Operating profit Not disclosed → ¥3,200 million / Ordinary income Not disclosed → ¥2,600 million / Profit attributable to owners of the parent Not disclosed → ¥2,550 million
Annual Dividend Forecast¥10 → ¥10(0.0%)
Shareholder Return PolicyTotal payout ratio of 10% or more
Factors Behind Changes in Business Performance

Overall, sales remained firm, the planned streamlining measures and other initiatives produced a certain level of results, and the yen value of foreign-currency amounts increased due to the weaker yen. Interim net income attributable to owners of the parent in the same period of the previous year included a ¥22,598 million gain on negative goodwill, and the disappearance of that gain resulted in a decline in net income.

Disclosure regarding the going concern assumption

Not applicable.

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 0 companies / Excluded 0 companies / Company name None
Material subsequent eventsA resolution was passed to acquire treasury shares. The acquisition is capped at 120,000 shares and a total acquisition price of ¥70,000,000, with the acquisition period running from 13 August 2026 to 31 March 2027. As of 4 November 2026, 107,000 shares had been acquired.
Impairment lossNo applicable items (current interim consolidated accounting period)
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of land 459,847 Thousand yen / Extraordinary loss Losses from disasters 10,930 Thousand yen, Special retirement payments 26,045 Thousand yen
Depreciation and amortization2,027,855 Thousand yen
Availability of Supplementary Financial Results MaterialsNone
Availability of Financial Results BriefingWhether applicable None / Subject person None
Issued Shares at Period-End15,637,144
Treasury Shares at Period-End69,475
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 September 2026
Net Sales¥42,853 million (YoY +5.8%)
Operating profit¥1,326 million (YoY +44.7%)
Ordinary income¥928 million (YoY +34.7%)
Profit attributable to owners of the parent¥1,077 million (YoY -95.4%)
Net income per share¥69.25
Equity ratioEnd of the current fiscal period 43.1% / End of previous period 42.3%
Total assets¥67,108 million
Net assets¥30,813 million
Cash flows from operating activities1,596,975 Thousand yen
Cash flows from investing activities-2,562,412 Thousand yen
Cash flows from financing activities-490,598 Thousand yen
Cash and cash equivalents at end of period9,336,048 Thousand yen
Full-year earnings forecastNet Sales ¥84,000 million (YoY +1.6%) / Operating profit ¥3,200 million (YoY +19.4%) / Ordinary income ¥2,600 million (YoY +13.2%) / Profit attributable to owners of parent ¥2,550 million (YoY -89.2%)
Revision to Earnings ForecastNet Sales Not disclosed → ¥84,000 million / Operating profit Not disclosed → ¥3,200 million / Ordinary income Not disclosed → ¥2,600 million / Profit attributable to owners of the parent Not disclosed → ¥2,550 million
Annual Dividend Forecast¥10 → ¥10(0.0%)
Shareholder Return PolicyTotal payout ratio of 10% or more
Segment revenuePlastics Molding Business ¥8,828 million (YoY +8.8%), Foundry and Forging Business ¥24,880 million (YoY +4.0%), Powder Metallurgy Business ¥9,145 million (YoY +8.3%)
Segment profitPlastics Molding Business ¥721 million (YoY +41.1%), Foundry and Forging Business ¥682 million (YoY +1.4%), Powder Metallurgy Business ¥155 million (YoY +512.9%)
Regional sales22,268,595 Thousand yen, 20,585,146 Thousand yen
Depreciation and amortization2,027,855 Thousand yen
Impairment lossNo applicable items (current interim consolidated accounting period)
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of land 459,847 Thousand yen / Extraordinary loss Losses from disasters 10,930 Thousand yen, Special retirement payments 26,045 Thousand yen
Disclosure regarding the going concern assumptionNot applicable.
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 0 companies / Excluded 0 companies / Company name None
Material subsequent eventsA resolution was passed to acquire treasury shares. The acquisition is capped at 120,000 shares and a total acquisition price of ¥70,000,000, with the acquisition period running from 13 August 2026 to 31 March 2027. As of 4 November 2026, 107,000 shares had been acquired.
Availability of Supplementary Financial Results MaterialsNone
Availability of Financial Results BriefingWhether applicable None / Subject person None
Issued Shares at Period-End15,637,144
Treasury Shares at Period-End69,475
Factors Behind Changes in Business PerformanceOverall, sales remained firm, the planned streamlining measures and other initiatives produced a certain level of results, and the yen value of foreign-currency amounts increased due to the weaker yen. Interim net income attributable to owners of the parent in the same period of the previous year included a ¥22,598 million gain on negative goodwill, and the disappearance of that gain resulted in a decline in net income.
Items this document does not state (3)
Operating MarginPayout ratioOrders received and order backlog

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.

Overall, sales remained firm, the planned streamlining measures and other initiatives produced a certain level of results, and the yen value of foreign-currency amounts increased due to the weaker yen. The decline in interim net income attributable to owners of the parent was due to the disappearance of the ¥22,598 million gain on negative goodwill arising from the acquisition of メプロホールディングス as a subsidiary, which had been recorded in the same period of the previous year.

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Consolidated Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] | KODAMA CHEMICAL INDUSTRY CO.,LTD. (4222) timely disclosure | Komori