Worth reading
56In focus
Scored from 5 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
-67.3
Year-on-year change in operating profit (%)Wording
Conditional
How definitive the wording is.Results for this period
First quarter2024年4月1日〜2024年6月30日ConsolidatedIFRSNet Sales216,423Millions of yenYear on year +4.1%Progress 25.8%
Operating profit4,762Millions of yenYear on year -67.3%Progress 15.9%
Ordinary income43¥ million (profit before tax)Year on year -99.7%Progress 0.6%
Net income attributable to owners of the parent2,400Millions of yenYear on year -65.8%
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 share21.01円
Financial position at period-end
Total assets1,058,520Millions of yen
of which net assets 181,975 Millions of yenEquity ratio 13.9%vs. prior year-end +1.6pt
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-19,360
Investment-12,329
Financials+22,272
Net change-9,417
Stacked from zero: upward is an increase in cash, downward a decrease (in Millions of 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 period37,475 Millions of yen
Segment revenueSegment Architectural glass business / Current fiscal year 90,207 Millions of yen / Prior-year period 95,751 Millions of yen / Year on year against the same period last year Not disclosed, Segment Automotive glass business / Current fiscal year 113,603 Millions of yen / Prior-year period 100,897 Millions of yen / Year on year against the same period last year Not disclosed, Segment High-performance glass business / Current fiscal year 12,399 Millions of yen / Prior-year period 9,960 Millions of yen / Year on year against the same period last year Not disclosed, Segment Other / Current fiscal year 214 Millions of yen / Prior-year period 1,346 Millions of yen / Year on year against the same period last year Not disclosed
Segment profitSegment Architectural glass business / Current fiscal year 3,314 Millions of yen / Prior-year period 11,890 Millions of yen / Year on year against the same period last year Not disclosed, Segment Automotive glass business / Current fiscal year 2,537 Millions of yen / Prior-year period 3,230 Millions of yen / Year on year against the same period last year Not disclosed, Segment High-performance glass business / Current fiscal year 2,008 Millions of yen / Prior-year period 2,137 Millions of yen / Year on year against the same period last year Not disclosed, Segment Other / Current fiscal year -3,097 Millions of yen / Prior-year period -2,679 Millions of yen / Year on year against the same period last year Not disclosed
Regional salesRegion Europe / Current fiscal year 84,957 Millions of yen / Prior-year period 84,117 Millions of yen / Year on year against the same period last year Not disclosed, Region Asia / Current fiscal year 55,875 Millions of yen / Prior-year period 52,081 Millions of yen / Year on year against the same period last year Not disclosed, Region Americas / Current fiscal year 75,591 Millions of yen / Prior-year period 71,756 Millions of yen / Year on year against the same period last year Not disclosed
Outlook and shareholder returns
Full-year earnings forecast
Net Sales840,000 Millions of yen (YoY +0.9%)
Operating profit30,000 Millions of yen (YoY -16.3%)
Ordinary income¥7,000 million (profit before tax) (YoY -60.2%)
Net income2,000 Millions of yen (profit for the period) (YoY -81.7%)
Profit for the period attributable to owners of the parent0 Millions of yen
Revision to Earnings ForecastNet Sales Not disclosed → 840,000 Millions of yen / Operating profit Not disclosed → 30,000 Millions of yen / Ordinary income Not disclosed → 7,000 Millions of yen / Net income Not disclosed → 2,000 Millions of yen
Annual Dividend ForecastCommon shares ¥0 → ¥0（0.0%） / Class A shares ¥65,000 → ¥65,000（0.0%）
Factors Behind Changes in Business Performance
売上高は増収の大部分が自動車用ガラス事業によるもの。営業利益は主に建築用ガラス事業の収益悪化により減益。親会社の所有者に帰属する四半期利益は、営業利益の減少に加え、前年に認識した一過性の持分法投資に関する利益を当年では認識しなかったため減少。
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 No見積りの変更 No修正再表示 No
Changes in the scope of consolidationNew 0 / Excluded 0 / Company name Not disclosed
Material subsequent eventsNo applicable matters.
Impairment lossImpairment loss 67 Millions of yen / 減損損失の戻入益 13 Millions of yen
Breakdown of extraordinary income (loss)Income from separately disclosed items 非流動資産の売却による収益 302 Millions of yen, Gain on reversal of impairment losses on non-current assets 13 Millions of yen / Expenses from separately disclosed items Impairment losses on non-current assets -67 Millions of yen, Restructuring costs -46 Millions of yen, Costs related to the resolution of litigation matters -25 Millions of yen
Depreciation and amortizationProperty, Plant and Equipment 12,068 Millions of yen / Intangible Assets 640 Millions of yen
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable Yes / Subject person 機関投資家向け電話会議
Issued Shares at Period-End91,414,899
Treasury Shares at Period-End33,895
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | IFRS |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 2024年4月1日〜2024年6月30日 |
| Net Sales | 216,423 Millions of yen (YoY +4.1%) |
| Operating profit | 4,762 Millions of yen (YoY -67.3%) |
| Ordinary income | ¥43 million (profit before tax) (YoY -99.7%) |
| Profit attributable to owners of the parent | 2,400 Millions of yen (YoY -65.8%) |
| Net income per share | 21.01円 |
| Equity ratio | End of the current fiscal period 13.9 / End of previous period 12.3 |
| Total assets | 1,058,520 Millions of yen |
| Net assets | ¥181,975 million (total equity) |
| Cash flows from operating activities | -19,360 Millions of yen |
| Cash flows from investing activities | -12,329 Millions of yen |
| Cash flows from financing activities | 22,272 Millions of yen |
| Cash and cash equivalents at end of period | 37,475 Millions of yen |
| Full-year earnings forecast | Net Sales 840,000 Millions of yen (YoY +0.9%) / Operating profit 30,000 Millions of yen (YoY -16.3%) / Ordinary income ¥7,000 million (profit before tax) (YoY -60.2%) / Net income 2,000 Millions of yen (profit for the period) (YoY -81.7%) / Profit for the period attributable to owners of the parent 0 Millions of yen |
| Revision to Earnings Forecast | Net Sales Not disclosed → 840,000 Millions of yen / Operating profit Not disclosed → 30,000 Millions of yen / Ordinary income Not disclosed → 7,000 Millions of yen / Net income Not disclosed → 2,000 Millions of yen |
| Annual Dividend Forecast | Common shares ¥0 → ¥0（0.0%） / Class A shares ¥65,000 → ¥65,000（0.0%） |
| Segment revenue | Segment Architectural glass business / Current fiscal year 90,207 Millions of yen / Prior-year period 95,751 Millions of yen / Year on year against the same period last year Not disclosed, Segment Automotive glass business / Current fiscal year 113,603 Millions of yen / Prior-year period 100,897 Millions of yen / Year on year against the same period last year Not disclosed, Segment High-performance glass business / Current fiscal year 12,399 Millions of yen / Prior-year period 9,960 Millions of yen / Year on year against the same period last year Not disclosed, Segment Other / Current fiscal year 214 Millions of yen / Prior-year period 1,346 Millions of yen / Year on year against the same period last year Not disclosed |
| Segment profit | Segment Architectural glass business / Current fiscal year 3,314 Millions of yen / Prior-year period 11,890 Millions of yen / Year on year against the same period last year Not disclosed, Segment Automotive glass business / Current fiscal year 2,537 Millions of yen / Prior-year period 3,230 Millions of yen / Year on year against the same period last year Not disclosed, Segment High-performance glass business / Current fiscal year 2,008 Millions of yen / Prior-year period 2,137 Millions of yen / Year on year against the same period last year Not disclosed, Segment Other / Current fiscal year -3,097 Millions of yen / Prior-year period -2,679 Millions of yen / Year on year against the same period last year Not disclosed |
| Regional sales | Region Europe / Current fiscal year 84,957 Millions of yen / Prior-year period 84,117 Millions of yen / Year on year against the same period last year Not disclosed, Region Asia / Current fiscal year 55,875 Millions of yen / Prior-year period 52,081 Millions of yen / Year on year against the same period last year Not disclosed, Region Americas / Current fiscal year 75,591 Millions of yen / Prior-year period 71,756 Millions of yen / Year on year against the same period last year Not disclosed |
| Depreciation and amortization | Property, Plant and Equipment 12,068 Millions of yen / Intangible Assets 640 Millions of yen |
| Impairment loss | Impairment loss 67 Millions of yen / 減損損失の戻入益 13 Millions of yen |
| Breakdown of extraordinary income (loss) | Income from separately disclosed items 非流動資産の売却による収益 302 Millions of yen, Gain on reversal of impairment losses on non-current assets 13 Millions of yen / Expenses from separately disclosed items Impairment losses on non-current assets -67 Millions of yen, Restructuring costs -46 Millions of yen, Costs related to the resolution of litigation matters -25 Millions of yen |
| Disclosure regarding the going concern assumption | No applicable matters |
| 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 / Excluded 0 / Company name Not disclosed |
| Material subsequent events | No applicable matters. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Whether applicable Yes / Subject person 機関投資家向け電話会議 |
| Issued Shares at Period-End | 91,414,899 |
| Treasury Shares at Period-End | 33,895 |
| Factors Behind Changes in Business Performance | 売上高は増収の大部分が自動車用ガラス事業によるもの。営業利益は主に建築用ガラス事業の収益悪化により減益。親会社の所有者に帰属する四半期利益は、営業利益の減少に加え、前年に認識した一過性の持分法投資に関する利益を当年では認識しなかったため減少。 |
Items this document does not state (4)
Operating MarginPayout ratioShareholder Return PolicyOrders 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.建築用ガラス事業の収益が悪化したことが営業減益の主因。建築用ガラス事業では、欧州を中心に販売数量と販売価格が低下した。また、前年に計上したロシアのジョイント・ベンチャー売却に伴う一過性の利益49億円を当期は計上していない。
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.