Komori
Earnings5367NIKKATO CORPORATIONConstruction and Materials

Summary of Financial Results for the Second Quarter of the Fiscal Year Ending March 2027 [Japanese GAAP] (Non-consolidated)

For the interim period of the fiscal year ending March 2027, revenue increased on demand for electronic components, automobiles and heavy machinery, while improved factory utilisation and profit margins also contributed to substantial increases in operating income and interim net income. The full-year earnings forecast and annual dividend forecast have not been revised from the most recently announced figures.

Worth reading
44Recurring
Scored from 5 of 6 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
89.3
Year-on-year change in operating income (%)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026 to 30 September 2026Non-consolidated (standalone)Japanese GAAP
Net Sales6,658¥ millionYear on year +25.1%Progress 55.5%
Operating profit940¥ millionYear on year +89.3%Progress 77.0%
Ordinary income992¥ millionYear on year +89.2%Progress 76.9%
Net income attributable to owners of the parent717¥ millionYear on year +108.7%Progress 79.7%

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 share59.94
Financial position at period-end
Total assets19,729¥ million
of which net assets 15,047 ¥ millionEquity ratio 76.3%vs. prior year-end +1.3pt

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+943,892
Investment-970,022
Financials-239,824
Net change-265,954

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¥3,872,015 thousand
Segment revenueCeramics Business ¥5,024,331 thousand (YoY +28.9%), Engineering Business ¥1,633,350 thousand (YoY +14.9%)
Segment profitCeramics Business ¥801,595 thousand (YoY +99.7%), Engineering Business ¥138,699 thousand (YoY +45.7%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥12,000 million (YoY +5.8%)
Operating profit¥1,220 million (YoY +13.9%)
Ordinary income¥1,290 million (YoY +12.6%)
Net income¥900 million (YoY +16.0%)
Annual Dividend Forecast¥21 → ¥27
Factors Behind Changes in Business Performance

The Ceramics business benefited from the upward trend in market conditions in the electronic components industry and an improved cost-of-sales ratio as higher revenue raised factory utilisation. In the Engineering business, capital investment, particularly related to automobiles and heavy machinery, remained strong, while efforts were made to benefit from higher revenue and improve profit margins.

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
Breakdown of extraordinary income (loss)Extraordinary income Not applicable (shown as “-” in the table) / Extraordinary loss Loss on disposal of fixed assets ¥997 thousand
Depreciation and amortization¥333,972 thousand
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingNone
Issued Shares at Period-End12,135,695 Shares
Treasury Shares at Period-End167,597 Shares
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedNon-consolidated (standalone)
Period Covered1 April 2026 to 30 September 2026
Net Sales¥6,658 million (YoY +25.1%)
Operating profit¥940 million (YoY +89.3%)
Ordinary income¥992 million (YoY +89.2%)
Profit attributable to owners of the parent¥717 million (YoY +108.7%)
Net income per share59.94
Equity ratioEnd of the current fiscal period 76.3 / End of previous period 75
Total assets¥19,729 million
Net assets¥15,047 million
Cash flows from operating activities¥943,892 thousand
Cash flows from investing activities¥-970,022 thousand
Cash flows from financing activities¥-239,824 thousand
Cash and cash equivalents at end of period¥3,872,015 thousand
Full-year earnings forecastNet Sales ¥12,000 million (YoY +5.8%) / Operating profit ¥1,220 million (YoY +13.9%) / Ordinary income ¥1,290 million (YoY +12.6%) / Net income ¥900 million (YoY +16.0%)
Annual Dividend Forecast¥21 → ¥27
Segment revenueCeramics Business ¥5,024,331 thousand (YoY +28.9%), Engineering Business ¥1,633,350 thousand (YoY +14.9%)
Segment profitCeramics Business ¥801,595 thousand (YoY +99.7%), Engineering Business ¥138,699 thousand (YoY +45.7%)
Depreciation and amortization¥333,972 thousand
Breakdown of extraordinary income (loss)Extraordinary income Not applicable (shown as “-” in the table) / Extraordinary loss Loss on disposal of fixed assets ¥997 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
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingNone
Issued Shares at Period-End12,135,695 Shares
Treasury Shares at Period-End167,597 Shares
Factors Behind Changes in Business PerformanceThe Ceramics business benefited from the upward trend in market conditions in the electronic components industry and an improved cost-of-sales ratio as higher revenue raised factory utilisation. In the Engineering business, capital investment, particularly related to automobiles and heavy machinery, remained strong, while efforts were made to benefit from higher revenue and improve profit margins.
Items this document does not state (9)
Operating MarginRevision to Earnings ForecastPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogImpairment lossChanges in the scope of consolidationMaterial 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.

In the Ceramics business, market conditions in the electronic components industry, the main customer market, were on an upward trend, and the cost-of-sales ratio improved as higher revenue raised factory utilisation. In the Engineering business, capital investment, particularly related to automobiles and heavy machinery, remained strong, while efforts were made to benefit from higher revenue and improve profit margins.

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 Second Quarter of the Fiscal Year Ending March 2027 [Japanese GAAP] (Non-consolidated) | NIKKATO CORPORATION (5367) timely disclosure | Komori