Komori
Results5285YAMAX Corp.Construction and Materials

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

For the interim period of the fiscal year ending March 2027, revenue, operating profit, ordinary profit and interim profit attributable to owners of the parent were below the year-earlier period. Revenue and profit declined because of the reaction to large-scale projects, delays in the start of semiconductor plant construction and the impact of the Kumamoto Earthquake, while the full-year financial results and dividend forecasts were left unchanged.

Worth reading
47Recurring
Scored from 5 of 6 sections
Direction
Deterioration
Direction inferred from the company’s description.
Scale
29.1
% (year-on-year decline 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 Sales9,094Millions of yenYear on year -29.1%Progress 38.1%
Operating profit897Millions of yenYear on year -36.4%Progress 32.2%
Ordinary income907Millions of yenYear on year -36.9%Progress 32.7%
Net income attributable to owners of the parent368Millions of yenYear on year -62.3%

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¥37.98
Financial position at period-end
Total assets15,456Millions of yen
of which net assets 9,892 Millions of yenEquity ratio 64.1%vs. prior year-end +3.7pt

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+261,037
Investment-109,978
Financials-596,554
Net change-445,495

Stacked from zero: upward is an increase in cash, downward a decrease (in Thousands 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 period1,253,295 Thousands of yen
Segment revenueCivil engineering cement products business 6,607,969 Thousands of yen (YoY -11.0%), Construction cement products business 2,028,654 Thousands of yen (YoY -60.3%), Other Businesses 457,440 Thousands of yen (YoY +64.6%)
Segment profitCivil engineering cement products business 1,162,873 Thousands of yen (YoY -22.6%), Construction cement products business 281,729 Thousands of yen (YoY -38.5%), Other Businesses -14,157 Thousands of yen
Outlook and shareholder returns
Full-year earnings forecast
Net Sales23,900 Millions of yen (YoY -8.6%)
Operating profit2,790 Millions of yen (YoY -4.4%)
Ordinary income2,770 Millions of yen (YoY -5.9%)
Profit attributable to owners of the parent1,670 Millions of yen (YoY -19.4%)
Annual Dividend Forecast66 Yen → 60 Yen
Factors Behind Changes in Business Performance

The main factors were that both the civil engineering cement products business and the construction cement products business were in a lull between projects, primarily because of the reaction to large-scale projects and delays in the start of semiconductor plant construction, as well as the impact of the 2026 Kumamoto Earthquake.

Disclosure regarding the going concern assumption

No applicable items

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 applicable
Impairment lossNo applicable items
Breakdown of extraordinary income (loss)Extraordinary income Not disclosed / Extraordinary loss Losses from disasters 332,074 Thousands of yen
Depreciation and amortization198,276 Thousands of yen
Availability of Supplementary Financial Results MaterialsAvailable
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End11,580,000
Treasury Shares at Period-End1,886,775
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 Sales9,094 Millions of yen (YoY -29.1%)
Operating profit897 Millions of yen (YoY -36.4%)
Ordinary income907 Millions of yen (YoY -36.9%)
Profit attributable to owners of the parent368 Millions of yen (YoY -62.3%)
Net income per share¥37.98
Equity ratioEnd of the current fiscal period 64.1 / End of previous period 60.4
Total assets15,456 Millions of yen
Net assets9,892 Millions of yen
Cash flows from operating activities261,037 Thousands of yen
Cash flows from investing activities-109,978 Thousands of yen
Cash flows from financing activities-596,554 Thousands of yen
Cash and cash equivalents at end of period1,253,295 Thousands of yen
Full-year earnings forecastNet Sales 23,900 Millions of yen (YoY -8.6%) / Operating profit 2,790 Millions of yen (YoY -4.4%) / Ordinary income 2,770 Millions of yen (YoY -5.9%) / Profit attributable to owners of the parent 1,670 Millions of yen (YoY -19.4%)
Annual Dividend Forecast66 Yen → 60 Yen
Segment revenueCivil engineering cement products business 6,607,969 Thousands of yen (YoY -11.0%), Construction cement products business 2,028,654 Thousands of yen (YoY -60.3%), Other Businesses 457,440 Thousands of yen (YoY +64.6%)
Segment profitCivil engineering cement products business 1,162,873 Thousands of yen (YoY -22.6%), Construction cement products business 281,729 Thousands of yen (YoY -38.5%), Other Businesses -14,157 Thousands of yen
Depreciation and amortization198,276 Thousands of yen
Impairment lossNo applicable items
Breakdown of extraordinary income (loss)Extraordinary income Not disclosed / Extraordinary loss Losses from disasters 332,074 Thousands of yen
Disclosure regarding the going concern assumptionNo applicable items
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 consolidationNew 0 / Excluded 0 / Company name Not applicable
Availability of Supplementary Financial Results MaterialsAvailable
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End11,580,000
Treasury Shares at Period-End1,886,775
Factors Behind Changes in Business PerformanceThe main factors were that both the civil engineering cement products business and the construction cement products business were in a lull between projects, primarily because of the reaction to large-scale projects and delays in the start of semiconductor plant construction, as well as the impact of the 2026 Kumamoto Earthquake.
Items this document does not state (7)
Operating MarginRevision to Earnings ForecastPayout 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.

The main factors were that both the civil engineering cement products business and the construction cement products business entered a lull between projects, primarily because of the reaction to large-scale projects and delays in the start of semiconductor plant construction, as well as the impact of the 2026 Kumamoto Earthquake. For interim profit attributable to owners of the parent, the loss resulting from the Kumamoto Earthquake was recorded as an extraordinary loss.

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