Komori
Earnings5344MARUWA CO.,LTD.Construction and Materials

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

In the interim period of the fiscal year ending March 2027, sales and all profit figures substantially exceeded the same period of the previous year, reaching record highs. In anticipation of strong demand in the second half, the full-year earnings forecast was revised upward again.

Worth reading
54Recurring
Scored from 5 of 6 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
41.7
% (year-on-year increase 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 Sales46,921¥ millionYear on year +41.7%Progress 46.2%
Operating profit17,605¥ millionYear on year +62.4%Progress 46.0%
Ordinary income17,640¥ millionYear on year +58.6%Progress 46.1%
Net income attributable to owners of the parent12,119¥ millionYear on year +63.5%Progress 46.6%

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¥982.08
Financial position at period-end
Total assets177,262¥ million
of which net assets 158,522 ¥ millionEquity ratio 89.4%vs. prior year-end -1.1pt

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+6,686
Investment-6,632
Financials-631
Net change-577

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¥66,169 million
Segment revenueCeramic Components Business ¥41,879 million (YoY +44.7%), Lighting Equipment Business ¥5,041 million (YoY +21.1%)
Segment profitCeramic Components Business ¥17,806 million (YoY +62.7%), Lighting Equipment Business ¥890 million (YoY +26.7%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥101,500 million (YoY +36.3%)
Operating profit¥38,300 million (YoY +53.3%)
Ordinary income¥38,300 million (YoY +45.5%)
Net income¥26,000 million (YoY +43.1%)
Revision to Earnings ForecastNet Sales Not disclosed → ¥101,500 million / Operating profit Not disclosed → ¥38,300 million / Ordinary income Not disclosed → ¥38,300 million / Net income Not disclosed → ¥26,000 million
Annual Dividend Forecast¥102 → ¥110
Factors Behind Changes in Business Performance

Increased demand for next-generation high-speed communications in the information and communications-related business, recovery in demand for general-purpose memory in the semiconductor-related business, and solid demand for new energy vehicles in the automotive-related business. In the lighting equipment business, rising demand for LEDs driven by the government's goal of achieving 100% LED adoption by 2030.

Disclosure regarding the going concern assumption

Not applicable

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 significant changes (the number and names of newly consolidated or excluded companies are Not disclosed)
Impairment lossNo applicable matters.
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥1 million, Government subsidies ¥1,347 million / Extraordinary loss Loss on disposal and sale of non-current assets ¥76 million, Loss on reduction of fixed assets ¥1,323 million
Depreciation and amortization¥2,862 million
Availability of Supplementary Financial Results MaterialsAvailable
Availability of Financial Results BriefingYes (for analysts and institutional investors)
Issued Shares at Period-End12,372,000 shares
Treasury Shares at Period-End31,073 shares
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¥46,921 million (YoY +41.7%)
Operating profit¥17,605 million (YoY +62.4%)
Ordinary income¥17,640 million (YoY +58.6%)
Profit attributable to owners of the parent¥12,119 million (YoY +63.5%)
Net income per share¥982.08
Equity ratioEnd of the current fiscal period 89.4 / End of previous period 90.5
Total assets¥177,262 million
Net assets¥158,522 million
Cash flows from operating activities¥6,686 million
Cash flows from investing activities¥-6,632 million
Cash flows from financing activities¥-631 million
Cash and cash equivalents at end of period¥66,169 million
Full-year earnings forecastNet Sales ¥101,500 million (YoY +36.3%) / Operating profit ¥38,300 million (YoY +53.3%) / Ordinary income ¥38,300 million (YoY +45.5%) / Net income ¥26,000 million (YoY +43.1%)
Revision to Earnings ForecastNet Sales Not disclosed → ¥101,500 million / Operating profit Not disclosed → ¥38,300 million / Ordinary income Not disclosed → ¥38,300 million / Net income Not disclosed → ¥26,000 million
Annual Dividend Forecast¥102 → ¥110
Segment revenueCeramic Components Business ¥41,879 million (YoY +44.7%), Lighting Equipment Business ¥5,041 million (YoY +21.1%)
Segment profitCeramic Components Business ¥17,806 million (YoY +62.7%), Lighting Equipment Business ¥890 million (YoY +26.7%)
Depreciation and amortization¥2,862 million
Impairment lossNo applicable matters.
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥1 million, Government subsidies ¥1,347 million / Extraordinary loss Loss on disposal and sale of non-current assets ¥76 million, Loss on reduction of fixed assets ¥1,323 million
Disclosure regarding the going concern assumptionNot applicable
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 significant changes (the number and names of newly consolidated or excluded companies are Not disclosed)
Availability of Supplementary Financial Results MaterialsAvailable
Availability of Financial Results BriefingYes (for analysts and institutional investors)
Issued Shares at Period-End12,372,000 shares
Treasury Shares at Period-End31,073 shares
Factors Behind Changes in Business PerformanceIncreased demand for next-generation high-speed communications in the information and communications-related business, recovery in demand for general-purpose memory in the semiconductor-related business, and solid demand for new energy vehicles in the automotive-related business. In the lighting equipment business, rising demand for LEDs driven by the government's goal of achieving 100% LED adoption by 2030.
Items this document does not state (6)
Operating MarginPayout 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.

Demand for next-generation high-speed communications expanded in the information and communications-related business, while demand for general-purpose memory recovered in the semiconductor-related business. In the automotive-related business, demand for new energy vehicles remained solid, and strong demand is expected through the second half in the full-year forecast.

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.
Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated) | MARUWA CO.,LTD. (5344) timely disclosure | Komori