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Results5282GEOSTR CorporationConstruction and Materials

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

During the interim period, the core business deteriorated significantly, with revenue down 31.8% year on year and operating profit down 77.1%. However, interim net income attributable to owners of the parent increased 118.9% because gains on the sale of investment securities were recorded as extraordinary income. The full-year forecasts for earnings and dividends were left unchanged.

Worth reading
52Recurring
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
-31.8
Year-on-year change in revenue (%)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026–30 September 2026ConsolidatedJapanese GAAP
Net Sales8,580¥ millionYear on year -31.8%Progress 33.5%
Operating profit144¥ millionYear on year -77.1%Progress 9.9%
Ordinary income193¥ millionYear on year -70.5%Progress 12.9%
Net income attributable to owners of the parent951¥ millionYear on year +118.9%Progress 51.4%

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¥31.05
Financial position at period-end
Total assets34,435¥ million
of which net assets 24,890 ¥ millionEquity ratio 72.3%vs. prior year-end +4.2pt

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+1,448,715
Investment+380,713
Financials-279,400
Net change+1,550,028

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¥9,555,810 thousand
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥25,600 million (YoY -11.3%)
Operating profit¥1,450 million (YoY -29.3%)
Ordinary income¥1,500 million (YoY -28.7%)
Net income¥1,850 million (YoY -0.1%)
Annual Dividend Forecast¥13 → ¥10(-23.1%)
Payout ratio16.6
Shareholder Return PolicyThe target is an annual consolidated dividend payout ratio of approximately 30%, with an annual dividend per share floor of ¥10 during the period of the 2030 Medium-Term Management Plan (the fiscal years ending March 2027 through March 2031).
Factors Behind Changes in Business Performance

Revenue from segment products declined substantially due to lower orders and production caused by delays in construction orders and other factors, continued delays in shipping large segment projects, fewer new projects during the transition period, and higher raw material prices, logistics costs and personnel expenses, while revenue from RC civil engineering products increased. Interim net income increased because gains on the sale of investment securities were recorded as extraordinary income.

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 consolidationNone (no additions or exclusions)
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of investment securities ¥1,318,638 thousand, Reversal of provision for business closure losses ¥6,190 thousand, Gain on sale of fixed assets ¥381 thousand / Extraordinary loss Loss on disposal and sale of fixed assets ¥6,965 thousand, Loss on valuation of investment securities ¥136 thousand, Investigation-related expenses ¥85,249 thousand
Depreciation and amortization¥322,019 thousand
Availability of Supplementary Financial Results MaterialsAvailable
Availability of Financial Results BriefingAvailable (for institutional investors and analysts)
Issued Shares at Period-End31,530,000
Treasury Shares at Period-End895,101
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026–30 September 2026
Net Sales¥8,580 million (YoY -31.8%)
Operating profit¥144 million (YoY -77.1%)
Ordinary income¥193 million (YoY -70.5%)
Profit attributable to owners of the parent¥951 million (YoY +118.9%)
Net income per share¥31.05
Equity ratioEnd of the current fiscal period 72.3 / End of previous period 68.1
Total assets¥34,435 million
Net assets¥24,890 million
Cash flows from operating activities¥1,448,715 thousand
Cash flows from investing activities¥380,713 thousand
Cash flows from financing activities¥-279,400 thousand
Cash and cash equivalents at end of period¥9,555,810 thousand
Full-year earnings forecastNet Sales ¥25,600 million (YoY -11.3%) / Operating profit ¥1,450 million (YoY -29.3%) / Ordinary income ¥1,500 million (YoY -28.7%) / Net income ¥1,850 million (YoY -0.1%)
Annual Dividend Forecast¥13 → ¥10(-23.1%)
Payout ratio16.6
Shareholder Return PolicyThe target is an annual consolidated dividend payout ratio of approximately 30%, with an annual dividend per share floor of ¥10 during the period of the 2030 Medium-Term Management Plan (the fiscal years ending March 2027 through March 2031).
Depreciation and amortization¥322,019 thousand
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of investment securities ¥1,318,638 thousand, Reversal of provision for business closure losses ¥6,190 thousand, Gain on sale of fixed assets ¥381 thousand / Extraordinary loss Loss on disposal and sale of fixed assets ¥6,965 thousand, Loss on valuation of investment securities ¥136 thousand, Investigation-related expenses ¥85,249 thousand
Disclosure regarding the going concern assumptionNo applicable matters
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No
Changes in the scope of consolidationNone (no additions or exclusions)
Availability of Supplementary Financial Results MaterialsAvailable
Availability of Financial Results BriefingAvailable (for institutional investors and analysts)
Issued Shares at Period-End31,530,000
Treasury Shares at Period-End895,101
Factors Behind Changes in Business PerformanceRevenue from segment products declined substantially due to lower orders and production caused by delays in construction orders and other factors, continued delays in shipping large segment projects, fewer new projects during the transition period, and higher raw material prices, logistics costs and personnel expenses, while revenue from RC civil engineering products increased. Interim net income increased because gains on the sale of investment securities were recorded as extraordinary income.
Items this document does not state (8)
Operating MarginRevision to Earnings ForecastSegment revenueSegment profitRegional salesOrders received and order backlogImpairment 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.

Revenue from segment products declined substantially due to lower orders and production caused by delays in construction orders and other factors, continued delays in shipping large segment projects, fewer new projects during the transition period, and higher raw material prices, logistics costs and personnel expenses. Meanwhile, interim net income attributable to owners of the parent increased because gains on the sale of investment securities were recorded as extraordinary income.

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Consolidated Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 (Japanese GAAP) | GEOSTR Corporation (5282) timely disclosure | Komori