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How definitive the wording is.Contents of this document
Supplementary Materials to the Earnings SummaryFY2027/3 interim period6 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales941 Hundreds of millions of yen+15.0%
Operating profit41 Hundreds of millions of yen-34.0%
Ordinary income55 Hundreds of millions of yen-20.4%
Net income62 Hundreds of millions of yen+43.9%
Operating profit margin4.4 %
Full-year earnings forecast
Net Sales
1,980 Hundreds of millions of yen
EBITDA
220 Hundreds of millions of yen
Operating profit
130 Hundreds of millions of yen
Ordinary income
140 Hundreds of millions of yen
Profit attributable to owners of the parent
105 Hundreds of millions of yen
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Changes in volume, selling prices and raw material spreadsShown in the chart
- Sales mixShown in the chart
- Cost reductions and labor costsShown in the chart
- Domestic Group companiesShown in the chart
- Overseas Group companiesDynamix +¥200 million, Gouda ▲¥300 million
- Foreign exchangeShown in the chart
- Refractories-¥400 million
- Insulation materials+¥100 million
- Advanced equipment and materials+¥100 million
- Engineering(¥1.0 billion)
- Real estate and other−¥300 million
- Amortization of goodwill, etc., and depreciationImpact on operating profit
New initiatives
- Completed new functional refractories plants in China and at 品川和豊
- Decided on capital investment to strengthen the supply capacity for fine ceramics and high-performance insulation materials
Key KPIsA metric the company considers important as a management benchmark.
- Domestic crude steel production4,027 10,000 tonnesYear on year against the same period last year+0.5%
- Overseas revenue ratio46.2 %Year on year against the same period last year+7.6 percentage points
- ROIC3.7 %Year on year against the same period last yearDown 1.7 percentage points
- Debt/EBITDA multiple1.7 timesYear on year against the same period last yearDown 0.8 percentage points year on year
Segment results
Refractories
Net Sales
593 Hundreds of millions of yen+12.1%
EBITDA
69 Hundreds of millions of yen-6.0%
Operating profit
41 Hundreds of millions of yen-8.7%
Insulation materials
Net Sales
91 Hundreds of millions of yen+5.5%
EBITDA
17 Hundreds of millions of yen+7.3%
Operating profit
12 Hundreds of millions of yen+7.9%
Advanced equipment and materials
Net Sales
25 Hundreds of millions of yen+29.4%
EBITDA
1 Hundreds of millions of yen+730.3%
Operating profit
-0 Hundreds of millions of yen
Engineering
Net Sales
238 Hundreds of millions of yen+29.0%
EBITDA
-3 Hundreds of millions of yen
Operating profit
-13 Hundreds of millions of yen
Other (real estate)
Net Sales
0 Hundreds of millions of yen
EBITDA
0 Hundreds of millions of yen
Medium-term management plan targets
FY2026 Overseas Sales Ratio Target
45 %
Actual results
46.2 %
Capital expenditures
8.5 Hundreds of millions of yen
| Item | Details |
|---|---|
| Document type | Supplementary Materials to the Earnings Summary |
| Fiscal Period Covered | FY2027/3 interim period |
| Net Sales | 941 Hundreds of millions of yen (YoY +15.0%) |
| Operating profit | 41 Hundreds of millions of yen (YoY -34.0%) |
| Ordinary income | 55 Hundreds of millions of yen (YoY -20.4%) |
| Net income | 62 Hundreds of millions of yen (YoY +43.9%) |
| Operating profit margin | 4.4 % |
| Full-year earnings forecast | Net Sales 1,980 Hundreds of millions of yen / EBITDA 220 Hundreds of millions of yen / Operating profit 130 Hundreds of millions of yen / Ordinary income 140 Hundreds of millions of yen / Profit attributable to owners of the parent 105 Hundreds of millions of yen |
| Segment results | Refractories Net Sales 593 Hundreds of millions of yen (YoY +12.1%) / EBITDA 69 Hundreds of millions of yen (YoY -6.0%) / Operating profit 41 Hundreds of millions of yen (YoY -8.7%) / Insulation materials Net Sales 91 Hundreds of millions of yen (YoY +5.5%) / EBITDA 17 Hundreds of millions of yen (YoY +7.3%) / Operating profit 12 Hundreds of millions of yen (YoY +7.9%) / Advanced equipment and materials Net Sales 25 Hundreds of millions of yen (YoY +29.4%) / EBITDA 1 Hundreds of millions of yen (YoY +730.3%) / Operating profit -0 Hundreds of millions of yen / Engineering Net Sales 238 Hundreds of millions of yen (YoY +29.0%) / EBITDA -3 Hundreds of millions of yen / Operating profit -13 Hundreds of millions of yen / Other (real estate) Net Sales 0 Hundreds of millions of yen / EBITDA 0 Hundreds of millions of yen |
| Breakdown of Factors Affecting the Change | Factors Changes in volume, selling prices and raw material spreads / Amount Shown in the chart, Factors Sales mix / Amount Shown in the chart, Factors Cost reductions and labor costs / Amount Shown in the chart, Factors Domestic Group companies / Amount Shown in the chart, Factors Overseas Group companies / Amount Dynamix +¥200 million, Gouda ▲¥300 million, Factors Foreign exchange / Amount Shown in the chart, Factors Refractories / Amount -¥400 million, Factors Insulation materials / Amount +¥100 million, Factors Advanced equipment and materials / Amount +¥100 million, Factors Engineering / Amount (¥1.0 billion), Factors Real estate and other / Amount −¥300 million, Factors Amortization of goodwill, etc., and depreciation / Amount Impact on operating profit |
| Key KPIs | Indicator name Domestic crude steel production / Value 4,027 10,000 tonnes / Year on year against the same period last year 0.5 10,000 tonnes, Indicator name Overseas revenue ratio / Value 46.2 % / Year on year against the same period last year +7.6 percentage points, Indicator name ROIC / Value 3.7 % / Year on year against the same period last year Down 1.7 percentage points, Indicator name Debt/EBITDA multiple / Value 1.7 times / Year on year against the same period last year Down 0.8 percentage points year on year |
| Medium-term management plan targets | FY2026 Overseas Sales Ratio Target 45 % / Actual results 46.2 % |
| Capital expenditures | 8.5 Hundreds of millions of yen |
| New initiatives | Completed new functional refractories plants in China and at 品川和豊, Decided on capital investment to strengthen the supply capacity for fine ceramics and high-performance insulation materials |
Items this document does not state (17)
Gross Profit MarginSelling, general and administrative expensesResults for the three months of the current quarterProgress against full-year forecastSelf-assessment against the planUnit price and quantity metricsNumber of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookFinancial targetsAnnual DividendPayout ratioAcquisition of treasury sharesOrders received and order backlogMarket Size / ShareKey points of the Q&A
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 increased due to expanded sales activities in each sector, as well as the consolidation effects of Reframax and Dynamix. On the profit side, higher raw material and fuel costs in the refractories sector, equipment problems at Gouda and SAM, and the postponement of Reframax's large construction projects to the second half, together with higher costs, were factors behind the decline in profit. Interim net profit increased due to a gain on the sale of fixed assets by an Australian subsidiary.
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.