Worth reading
39Recurring
Scored from 5 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
32
% (year-on-year change in operating income)Wording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAPNet Sales32,149¥ millionYear on year +6.1%Progress 48.4%
Operating profit2,164¥ millionYear on year +32.0%Progress 53.4%
Ordinary income4,349¥ millionYear on year +53.9%Progress 59.2%
Net income attributable to owners of the parent3,276¥ millionYear on year +26.2%
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¥153.85
Financial position at period-end
Total assets88,594¥ million
of which net assets 69,685 ¥ millionEquity ratio 71.0%vs. prior year-end +0.5pt
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+2,747
Investment-1,462
Financials-2,357
Net change-1,072
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¥11,797 million
Segment revenue
Paint-Related Business10,10131.4%+0.5%
Automotive Products-Related Business22,04068.6%+8.9%
Segment profit
Paint-Related Business60728.1%+76.2%
Automotive Products-Related Business1,55371.9%+20.3%
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥66,400 million (YoY +7.3%)
Operating profit¥4,050 million (YoY +1.1%)
Ordinary income¥7,350 million (YoY +7.5%)
Profit attributable to owners of the parent¥5,300 million (YoY +1.1%)
Revision to Earnings ForecastPaint-related business revenue 20,400 / Paint-related business segment profit 350 / Automotive products-related business revenue 46,000 / Automotive products-related business segment profit 3,700 → Paint-related business revenue 20,600 / Paint-related business segment profit 850 / Automotive products-related business revenue 45,800 / Automotive products-related business segment profit 3,200（Paint-related business revenue 1 / Paint-related business segment profit 142.9 / Automotive products-related business revenue -0.4 / Automotive products-related business segment profit -13.5）
Annual Dividend Forecast125 Yen → 130 Yen（+4.0%）
Factors Behind Changes in Business Performance
Revenue increased mainly due to higher revenue from the automotive products-related business. Profitability improved through optimization of raw-material procurement, a review of selling prices and more efficient business operations.
Disclosure regarding the going concern assumption
Not applicable.
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
Changes in the scope of consolidationNew 0 companies (company name: —) / Excluded 0 companies (company name: —)
Impairment lossNot applicable
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of property, plant and equipment ¥0 million / Extraordinary loss Loss on disposal of fixed assets ¥245 million
Depreciation and amortization¥1,377 million
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingWhether applicable Yes / Subject person Securities analysts and institutional investors
Issued Shares at Period-End23,611,200 shares
Treasury Shares at Period-End2,313,684 shares
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 September 2026 |
| Net Sales | ¥32,149 million (YoY +6.1%) |
| Operating profit | ¥2,164 million (YoY +32.0%) |
| Ordinary income | ¥4,349 million (YoY +53.9%) |
| Profit attributable to owners of the parent | ¥3,276 million (YoY +26.2%) |
| Net income per share | ¥153.85 |
| Equity ratio | End of the current fiscal period 71.0% / End of previous period 70.5% |
| Total assets | ¥88,594 million |
| Net assets | ¥69,685 million |
| Cash flows from operating activities | ¥2,747 million |
| Cash flows from investing activities | ¥-1,462 million |
| Cash flows from financing activities | ¥-2,357 million |
| Cash and cash equivalents at end of period | ¥11,797 million |
| Full-year earnings forecast | Net Sales ¥66,400 million (YoY +7.3%) / Operating profit ¥4,050 million (YoY +1.1%) / Ordinary income ¥7,350 million (YoY +7.5%) / Profit attributable to owners of the parent ¥5,300 million (YoY +1.1%) |
| Revision to Earnings Forecast | Paint-related business revenue 20,400 / Paint-related business segment profit 350 / Automotive products-related business revenue 46,000 / Automotive products-related business segment profit 3,700 → Paint-related business revenue 20,600 / Paint-related business segment profit 850 / Automotive products-related business revenue 45,800 / Automotive products-related business segment profit 3,200（Paint-related business revenue 1 / Paint-related business segment profit 142.9 / Automotive products-related business revenue -0.4 / Automotive products-related business segment profit -13.5） |
| Annual Dividend Forecast | 125 Yen → 130 Yen（+4.0%） |
| Segment revenue | Paint-Related Business ¥10,101 million (YoY +0.5%) / Automotive Products-Related Business ¥22,040 million (YoY +8.9%) |
| Segment profit | Paint-Related Business ¥607 million (YoY +76.2%) / Automotive Products-Related Business ¥1,553 million (YoY +20.3%) |
| Depreciation and amortization | ¥1,377 million |
| Impairment loss | Not applicable |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of property, plant and equipment ¥0 million / Extraordinary loss Loss on disposal of fixed assets ¥245 million |
| Disclosure regarding the going concern assumption | Not applicable. |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | New 0 companies (company name: —) / Excluded 0 companies (company name: —) |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | Whether applicable Yes / Subject person Securities analysts and institutional investors |
| Issued Shares at Period-End | 23,611,200 shares |
| Treasury Shares at Period-End | 2,313,684 shares |
| Factors Behind Changes in Business Performance | Revenue increased mainly due to higher revenue from the automotive products-related business. Profitability improved through optimization of raw-material procurement, a review of selling prices and more efficient business operations. |
Items this document does not state (6)
Operating MarginPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogMaterial 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 increased mainly due to higher revenue from the automotive products-related business. Profitability also improved through optimization of raw-material procurement, a review of selling prices and more efficient business operations. In the automotive products-related business, sales of sound-absorbing and sound-insulating materials and other products increased as domestic automakers increased sales against the backdrop of strong demand in the North American market.
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.