Komori
Earnings5344MARUWA CO.,LTD.Construction and Materials

Summary of Financial Results for the Fiscal Year Ending March 2026 [Japanese GAAP] (Consolidated)

For the fiscal year ended March 2026, revenue increased 3.7% year on year, while operating profit declined 7.2%. For the fiscal year ending March 2027, the Company expects revenue of ¥84.1 billion and operating profit of ¥29.7 billion, and plans to increase the annual dividend to ¥110.

Worth reading
46Recurring
Scored from 5 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
3.7
Year-on-year change in net sales (%)
Wording
Conditional
How definitive the wording is.

Results for this period

Full year1 April 2025–31 March 2026ConsolidatedJapanese GAAP
Net Sales74,476¥ millionYear on year +3.7%Progress 88.6%
Operating profit24,976¥ millionYear on year -7.2%Progress 84.1%
Ordinary income26,321¥ millionYear on year -2.6%
Net income attributable to owners of the parent18,163¥ millionYear on year -5.6%

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¥1,472.03
Operating Margin33.5%
Financial position at period-end
Total assets162,691¥ million
of which net assets 147,262 ¥ millionEquity ratio 90.5%vs. prior year-end +0.6pt

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+16,933
Investment-21,757
Financials-1,216
Net change-6,040

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¥66,986 million
Segment revenue
Ceramic Components Business63,79785.7%
Lighting Equipment Business10,67914.3%
Segment profit
Ceramic Components Business24,57392.0%
Lighting Equipment Business2,1418.0%
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥84,100 million (YoY +12.9%)
Operating profit¥29,700 million (YoY +18.9%)
Ordinary incomeNot disclosed
Net incomeNot disclosed
Annual Dividend Forecast¥102 per share → ¥110 per share
Payout ratio6.9%
Shareholder Return PolicyPolicy focused on maintaining stable dividends. Numerical targets for the payout ratio, DOE and other metrics are Not disclosed
Factors Behind Changes in Business Performance

Market conditions related to automotive applications weakened and the recovery in demand for general-purpose memory was delayed, while next-generation high-speed communications remained at a high level. In the fourth quarter, substantial production increases began with the launch of the next-generation model.

Disclosure regarding the going concern assumption

None ("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 consolidationNo material changes (the names and number of newly consolidated or excluded companies are Not disclosed)
Material subsequent eventsNo applicable matters.
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥1 million, Gain on sale of investment securities ¥147 million, Subsidy Income ¥42 million / Extraordinary loss Loss on disposal and sale of non-current assets ¥37 million, Loss on reduction of fixed assets ¥42 million, Other ¥14 million
Depreciation and amortization¥5,334 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (for institutional investors and analysts)
Issued Shares at Period-End12,372,000 shares
Treasury Shares at Period-End32,114 shares
Results for this period
ItemDetails
Fiscal Period ClassificationFull year
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2025–31 March 2026
Net Sales¥74,476 million (YoY +3.7%)
Operating profit¥24,976 million (YoY -7.2%)
Ordinary income¥26,321 million (YoY -2.6%)
Profit attributable to owners of the parent¥18,163 million (YoY -5.6%)
Net income per share¥1,472.03
Operating Margin33.5%
Equity ratioEnd of the current fiscal period 90.5% / End of previous period 89.9%
Total assets¥162,691 million
Net assets¥147,262 million
Cash flows from operating activities¥16,933 million
Cash flows from investing activities¥-21,757 million
Cash flows from financing activities¥-1,216 million
Cash and cash equivalents at end of period¥66,986 million
Full-year earnings forecastNet Sales ¥84,100 million (YoY +12.9%) / Operating profit ¥29,700 million (YoY +18.9%) / Ordinary income Not disclosed / Net income Not disclosed
Annual Dividend Forecast¥102 per share → ¥110 per share
Payout ratio6.9%
Shareholder Return PolicyPolicy focused on maintaining stable dividends. Numerical targets for the payout ratio, DOE and other metrics are Not disclosed
Segment revenueSegment Ceramic Components Business / Net Sales ¥63,797 million / Year-on-year (%) 2.1, Segment Lighting Equipment Business / Net Sales ¥10,679 million / Year-on-year (%) 14.1
Segment profitSegment Ceramic Components Business / Segment profit ¥24,573 million / Year-on-year (%) -9.3, Segment Lighting Equipment Business / Segment profit ¥2,141 million / Year-on-year (%) 49
Depreciation and amortization¥5,334 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥1 million, Gain on sale of investment securities ¥147 million, Subsidy Income ¥42 million / Extraordinary loss Loss on disposal and sale of non-current assets ¥37 million, Loss on reduction of fixed assets ¥42 million, Other ¥14 million
Disclosure regarding the going concern assumptionNone ("There are no 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 consolidationNo material changes (the names and number of newly consolidated or excluded companies are Not disclosed)
Material subsequent eventsNo applicable matters.
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (for institutional investors and analysts)
Issued Shares at Period-End12,372,000 shares
Treasury Shares at Period-End32,114 shares
Factors Behind Changes in Business PerformanceMarket conditions related to automotive applications weakened and the recovery in demand for general-purpose memory was delayed, while next-generation high-speed communications remained at a high level. In the fourth quarter, substantial production increases began with the launch of the next-generation model.
Items this document does not state (4)
Revision to Earnings ForecastRegional salesOrders received and order backlogImpairment loss

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.

Market conditions related to automotive applications weakened, and the recovery in demand for general-purpose memory was delayed, while next-generation high-speed communications remained at a high level. In the fourth quarter, substantial production increases began with the launch of the next-generation model.

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.
Summary of Financial Results for the Fiscal Year Ending March 2026 [Japanese GAAP] (Consolidated) | MARUWA CO.,LTD. (5344) timely disclosure | Komori