Worth reading
58In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Deterioration
Direction inferred from the company’s description.Scale
-32.7
% (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 Sales11,332Millions of yenYear on year -2.1%Progress 51.5%
Operating profit751Millions of yenYear on year -32.7%Progress 51.4%
Ordinary income865Millions of yenYear on year -28.7%Progress 53.1%
Net income attributable to owners of the parent334Millions of yenYear on year -26.4%Progress 41.8%
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 share¥28.10
Financial position at period-end
Total assets31,197Millions of yen
of which net assets 22,150 Millions of yenEquity ratio 71.0%vs. prior year-end -1.0pt
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+488,622
Investment-571,840
Financials-509,325
Net change-592,543
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ thousand).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¥5,129,711 thousand
Segment revenueBuilding Materials-Related Business ¥11,312,884 thousand
Outlook and shareholder returns
Full-year earnings forecast
Net Sales22,000 Millions of yen (YoY -1.4%)
Operating profit1,460 Millions of yen (YoY -26.8%)
Ordinary income1,630 Millions of yen (YoY -24.8%)
Net income800 Millions of yen (YoY +32.2%)
Revision to Earnings ForecastNet Sales Not disclosed → 22,000 Millions of yen / Operating profit Not disclosed → 1,460 Millions of yen / Ordinary income Not disclosed → 1,630 Millions of yen / Net income Not disclosed → 800 Millions of yen
Annual Dividend Forecast43 Yen → 43 Yen（0.0%）
Factors Behind Changes in Business Performance
The challenging market environment continued, with the floor area of new construction starts remaining on a declining trend, and revenue decreased 2.1% year on year. Operating profit and other items decreased, mainly due to the impact of lower revenue.
Disclosure regarding the going concern assumption
No applicable matters ("There are 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 companies / Excluded 0 companies / Company name Not disclosed
Breakdown of extraordinary income (loss)Extraordinary income Not disclosed / Extraordinary loss Loss on Retirement of Fixed Assets ¥43,567 thousand, Litigation losses ¥251,075 thousand
Depreciation and amortization¥407,767 thousand
Orders received and order backlogOrders received ¥1,838,567 thousand / Order backlog ¥3,284,573 thousand
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End12,075,000 Shares
Treasury Shares at Period-End165,448 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 | 11,332 Millions of yen (YoY -2.1%) |
| Operating profit | 751 Millions of yen (YoY -32.7%) |
| Ordinary income | 865 Millions of yen (YoY -28.7%) |
| Profit attributable to owners of the parent | 334 Millions of yen (YoY -26.4%) |
| Net income per share | ¥28.10 |
| Equity ratio | End of the current fiscal period 71 / End of previous period 72 |
| Total assets | 31,197 Millions of yen |
| Net assets | 22,150 Millions of yen |
| Cash flows from operating activities | ¥488,622 thousand |
| Cash flows from investing activities | ¥-571,840 thousand |
| Cash flows from financing activities | ¥-509,325 thousand |
| Cash and cash equivalents at end of period | ¥5,129,711 thousand |
| Full-year earnings forecast | Net Sales 22,000 Millions of yen (YoY -1.4%) / Operating profit 1,460 Millions of yen (YoY -26.8%) / Ordinary income 1,630 Millions of yen (YoY -24.8%) / Net income 800 Millions of yen (YoY +32.2%) |
| Revision to Earnings Forecast | Net Sales Not disclosed → 22,000 Millions of yen / Operating profit Not disclosed → 1,460 Millions of yen / Ordinary income Not disclosed → 1,630 Millions of yen / Net income Not disclosed → 800 Millions of yen |
| Annual Dividend Forecast | 43 Yen → 43 Yen（0.0%） |
| Segment revenue | Building Materials-Related Business ¥11,312,884 thousand |
| Orders received and order backlog | Orders received ¥1,838,567 thousand / Order backlog ¥3,284,573 thousand |
| Depreciation and amortization | ¥407,767 thousand |
| Breakdown of extraordinary income (loss) | Extraordinary income Not disclosed / Extraordinary loss Loss on Retirement of Fixed Assets ¥43,567 thousand, Litigation losses ¥251,075 thousand |
| Disclosure regarding the going concern assumption | No applicable matters ("There are 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 companies / Excluded 0 companies / Company name Not disclosed |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Whether applicable No / Subject person Not disclosed |
| Issued Shares at Period-End | 12,075,000 Shares |
| Treasury Shares at Period-End | 165,448 Shares |
| Factors Behind Changes in Business Performance | The challenging market environment continued, with the floor area of new construction starts remaining on a declining trend, and revenue decreased 2.1% year on year. Operating profit and other items decreased, mainly due to the impact of lower revenue. |
Items this document does not state (7)
Operating MarginPayout ratioShareholder Return PolicySegment profitRegional salesImpairment lossMaterial 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.The challenging market environment continued, with the floor area of new construction starts remaining on a declining trend, resulting in lower revenue. Operating profit also decreased, mainly due to the impact of lower revenue.
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.