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Results5357YOTAI REFRACTORIES CO.,LTD.Construction and Materials

Summary of Consolidated Financial Results for the Six Months Ended September 30, 2026 (Fiscal Year Ending March 2027) [Japanese GAAP]

For the interim period of the fiscal year ending March 2027, net sales increased slightly year on year, while operating profit and ordinary profit declined. Interim net income attributable to owners of the parent increased. The full-year earnings forecast was revised, but the specific figures before and after the revision are not stated in this earnings report.

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51Recurring
Scored from 5 of 6 sections
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Mixed performance
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Results for this period

Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAP
Net Sales14,035¥ millionYear on year +0.6%Progress 46.8%
Operating profit1,216¥ millionYear on year -8.4%Progress 35.2%
Ordinary income1,294¥ millionYear on year -7.8%Progress 35.9%
Net income attributable to owners of the parent914¥ millionYear on year +19.6%Progress 38.9%

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¥49.60
Financial position at period-end
Total assets44,391¥ million
of which net assets 35,275 ¥ millionEquity ratio 79.5%vs. prior year-end -2.0pt

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+1,927,598
Investment-831,393
Financials+102,660
Net change+1,198,865

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¥6,982,476 thousand
Segment revenueRefractories and related products ¥11,801,913 thousand, Engineering ¥2,233,291 thousand
Segment profitRefractories and related products ¥2,103,539 thousand, Engineering ¥172,654 thousand
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥30,000 million (YoY +1.4%)
Operating profit¥3,450 million (YoY -4.1%)
Ordinary income¥3,600 million (YoY -4.5%)
Net income¥2,350 million (YoY -4.9%)
Annual Dividend Forecast90 yen → 90 yen(0.0%)
Factors Behind Changes in Business Performance

The Refractories and Other business posted higher revenue and profit due to increased orders from the steel industry and other factors, while the Engineering business posted lower revenue and profit due to a decline in orders and other factors. The full-year earnings forecast was revised based on the progress of interim-period results and the recent business environment.

Disclosure regarding the going concern assumption

None

Change in accounting policy
基準改正に伴う変更 Noneそれ以外の変更 None見積りの変更 None修正再表示 None
Changes in the scope of consolidationNew 0 companies / Excluded 0 companies / Company name None
Depreciation and amortization¥665,706 thousand
Availability of Supplementary Financial Results MaterialsNone
Availability of Financial Results BriefingWhether applicable None / Subject person Not disclosed
Issued Shares at Period-End19,594,000
Treasury Shares at Period-End1,140,245
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 September 2026
Net Sales¥14,035 million (YoY +0.6%)
Operating profit¥1,216 million (YoY -8.4%)
Ordinary income¥1,294 million (YoY -7.8%)
Profit attributable to owners of the parent¥914 million (YoY +19.6%)
Net income per share¥49.60
Equity ratioEnd of the current fiscal period 79.5 / End of previous period 81.5
Total assets¥44,391 million
Net assets¥35,275 million
Cash flows from operating activities¥1,927,598 thousand
Cash flows from investing activities¥-831,393 thousand
Cash flows from financing activities¥102,660 thousand
Cash and cash equivalents at end of period¥6,982,476 thousand
Full-year earnings forecastNet Sales ¥30,000 million (YoY +1.4%) / Operating profit ¥3,450 million (YoY -4.1%) / Ordinary income ¥3,600 million (YoY -4.5%) / Net income ¥2,350 million (YoY -4.9%)
Annual Dividend Forecast90 yen → 90 yen(0.0%)
Segment revenueRefractories and related products ¥11,801,913 thousand, Engineering ¥2,233,291 thousand
Segment profitRefractories and related products ¥2,103,539 thousand, Engineering ¥172,654 thousand
Depreciation and amortization¥665,706 thousand
Disclosure regarding the going concern assumptionNone
Change in accounting policyChanges due to revisions to standards None / Other changes None / Change in accounting estimate None / Restatement None
Changes in the scope of consolidationNew 0 companies / Excluded 0 companies / Company name None
Availability of Supplementary Financial Results MaterialsNone
Availability of Financial Results BriefingWhether applicable None / Subject person Not disclosed
Issued Shares at Period-End19,594,000
Treasury Shares at Period-End1,140,245
Factors Behind Changes in Business PerformanceThe Refractories and Other business posted higher revenue and profit due to increased orders from the steel industry and other factors, while the Engineering business posted lower revenue and profit due to a decline in orders and other factors. The full-year earnings forecast was revised based on the progress of interim-period results and the recent business environment.
Items this document does not state (9)
Operating MarginRevision to Earnings ForecastPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogImpairment lossBreakdown of extraordinary income (loss)Material 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 company cited the progress of interim-period results and the recent business environment as reasons for revising its full-year forecast. During the interim period, the Refractories and Other business posted higher revenue and profit due to increased orders from the steel industry, while the Engineering business posted lower revenue and profit due to a decline in orders.

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 Consolidated Financial Results for the Six Months Ended September 30, 2026 (Fiscal Year Ending March 2027) [Japanese GAAP] | YOTAI REFRACTORIES CO.,LTD. (5357) timely disclosure | Komori