Komori

Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending December 2026 [Japanese GAAP] (Consolidated)

For the six months ended June 30, 2026, net sales increased 6.3% year on year and operating profit increased 129.5%, resulting in significant improvements in operating profit and ordinary profit. Meanwhile, interim net income attributable to owners of the parent decreased 90.4% due to the absence of the gain on sale of non-current assets recorded in the same period of the previous year.

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
129.5
% (year-on-year change in operating profit)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 January 2026–30 June 2026ConsolidatedJapanese GAAP
Net Sales31,406¥ millionYear on year +6.3%Progress 50.5%
Operating profit1,269¥ millionYear on year +129.5%Progress 50.0%
Ordinary income1,268¥ millionYear on year +136.5%Progress 55.1%
Net income attributable to owners of the parent838¥ millionYear on year -90.4%Progress 56.2%

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¥82.20
Financial position at period-end
Total assets86,410¥ million
of which net assets 43,515 ¥ millionEquity ratio 50.3%vs. prior year-end -0.3pt

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+359
Investment-3,140
Financials+1,613
Net change-1,168

Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).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¥8,501 million
Segment revenueFood Business ¥21,791 million (YoY +4.1%), Oleo-Chemicals Business ¥9,369 million (YoY +10.7%)
Segment profitFood Business ¥1,064 million (YoY +410.4%), Oleo-Chemicals Business ¥160 million (YoY -17.6%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥62,200 million (YoY +4.6%)
Operating profit¥2,540 million (YoY +29.6%)
Ordinary income¥2,300 million (YoY +20.2%)
Net income¥1,490 million (YoY -84.5%)
Annual Dividend Forecast¥100 → ¥70(-30.0%)
Factors Behind Changes in Business Performance

The company pursued expanded sales of core products, the development and sale of high-value-added products, the cultivation of new markets and customers, optimization of selling prices, a review of procurement, and improvements in production efficiency. The decrease in one-time expenses associated with the headquarters relocation in the same period of the previous year contributed to profit. Interim net income attributable to owners of the parent declined due to the absence of the gain on sale of non-current assets recorded in the same period of the previous year.

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 Yes見積りの変更 No修正再表示 No
Changes in the scope of consolidationNew Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed
Material subsequent eventsThe company resolved to sell part of its investment securities and expects to record a gain on the sale of three listed securities totaling ¥541 million in the third quarter of the fiscal year ending December 2026. It also plans to acquire up to 260,000 shares of treasury stock for ¥500 million and cancel all shares acquired.
Impairment lossNo applicable matters.
Breakdown of extraordinary income (loss)Extraordinary income No applicable matters. / Extraordinary loss Loss on disposal of property, plant and equipment ¥56 million
Depreciation and amortization¥949 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End10,306,895
Treasury Shares at Period-End105,944
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 January 2026–30 June 2026
Net Sales¥31,406 million (YoY +6.3%)
Operating profit¥1,269 million (YoY +129.5%)
Ordinary income¥1,268 million (YoY +136.5%)
Profit attributable to owners of the parent¥838 million (YoY -90.4%)
Net income per share¥82.20
Equity ratioEnd of the current fiscal period 50.3 / End of previous period 50.6
Total assets¥86,410 million
Net assets¥43,515 million
Cash flows from operating activities¥359 million
Cash flows from investing activities¥-3,140 million
Cash flows from financing activities¥1,613 million
Cash and cash equivalents at end of period¥8,501 million
Full-year earnings forecastNet Sales ¥62,200 million (YoY +4.6%) / Operating profit ¥2,540 million (YoY +29.6%) / Ordinary income ¥2,300 million (YoY +20.2%) / Net income ¥1,490 million (YoY -84.5%)
Annual Dividend Forecast¥100 → ¥70(-30.0%)
Segment revenueFood Business ¥21,791 million (YoY +4.1%), Oleo-Chemicals Business ¥9,369 million (YoY +10.7%)
Segment profitFood Business ¥1,064 million (YoY +410.4%), Oleo-Chemicals Business ¥160 million (YoY -17.6%)
Depreciation and amortization¥949 million
Impairment lossNo applicable matters.
Breakdown of extraordinary income (loss)Extraordinary income No applicable matters. / Extraordinary loss Loss on disposal of property, plant and equipment ¥56 million
Disclosure regarding the going concern assumptionNo applicable matters
Change in accounting policyChanges due to revisions to standards No / Other changes Yes / Change in accounting estimate No / Restatement No
Changes in the scope of consolidationNew Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed
Material subsequent eventsThe company resolved to sell part of its investment securities and expects to record a gain on the sale of three listed securities totaling ¥541 million in the third quarter of the fiscal year ending December 2026. It also plans to acquire up to 260,000 shares of treasury stock for ¥500 million and cancel all shares acquired.
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End10,306,895
Treasury Shares at Period-End105,944
Factors Behind Changes in Business PerformanceThe company pursued expanded sales of core products, the development and sale of high-value-added products, the cultivation of new markets and customers, optimization of selling prices, a review of procurement, and improvements in production efficiency. The decrease in one-time expenses associated with the headquarters relocation in the same period of the previous year contributed to profit. Interim net income attributable to owners of the parent declined due to the absence of the gain on sale of non-current assets recorded in the same period of the previous year.
Items this document does not state (6)
Operating MarginRevision to Earnings ForecastPayout ratioShareholder Return PolicyRegional salesOrders 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.

In response to high prices for oil and fat raw materials, the weaker yen, and higher procurement costs resulting from the situation in the Middle East, the company worked to optimize selling prices, review procurement, and improve production efficiency. It also pursued expanded sales of core products, the development and sale of high-value-added products, and the cultivation of new markets and customers. The decrease in one-time expenses associated with the relocation of headquarters incurred in the same period of the previous year also contributed to profit. Meanwhile, net income declined due to the absence of the gain on sale of non-current assets recorded in the same period of the previous year.

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Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending December 2026 [Japanese GAAP] (Consolidated) | Miyoshi Oil & Fat Co.,Ltd. (4404) timely disclosure | Komori