Worth reading
56In focus
Scored from 4 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
12
¥100 million (year-on-year decrease in operating profit and ordinary profit)Wording
Conditional
How definitive the wording is.Contents of this document
Supplementary materials to the earnings reportFY2026 First Quarter5 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales383 Hundreds of millions of yen-1.5%
Operating profit6 Hundreds of millions of yen-66.7%
Ordinary income6 Hundreds of millions of yen-66.7%
Net income19 Hundreds of millions of yen+72.7%
Operating profit margin1.6 %
Results for the three months of the current quarter
Net Sales
383 Hundreds of millions of yen
Operating profit
6 Hundreds of millions of yen
Ordinary income
6 Hundreds of millions of yen
Profit attributable to owners of the parent
19 Hundreds of millions of yen
Full-year earnings forecast
Net Sales
1,570 Hundreds of millions of yen
Operating profit
34 Hundreds of millions of yen
Ordinary income
20 Hundreds of millions of yen
Profit attributable to owners of the parent
39 Hundreds of millions of yen
Annual Dividend
¥20 per share
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Sales volume1 Hundreds of millions of yen
- Selling Prices-10 Hundreds of millions of yen
- Main raw material prices (higher scrap prices)-13 Hundreds of millions of yen
- Spread-23 Hundreds of millions of yen
- Variable costs-1 Hundreds of millions of yen
- Fixed Costs2 Hundreds of millions of yen
- Inventory impact7 Hundreds of millions of yen
- Other regions2 Hundreds of millions of yen
New initiatives
- Give concrete form to business alliances
- Give concrete form to sales expansion initiatives
- Raise selling prices
Key KPIsA metric the company considers important as a management benchmark.
- Sales volumeIncreasedYear on year against the same period last yearIncreased
Financial targets
Equity ratio
End of March 202671.6 %
End of June 202670.5 %
Annual Dividend
Annual¥20 per share
Interim¥13 per share
End of period¥7 per share
| Item | Details |
|---|---|
| Document type | Supplementary materials to the earnings report |
| Fiscal Period Covered | FY2026 First Quarter |
| Net Sales | 383 Hundreds of millions of yen (YoY -1.5%) |
| Operating profit | 6 Hundreds of millions of yen (YoY -66.7%) |
| Ordinary income | 6 Hundreds of millions of yen (YoY -66.7%) |
| Net income | 19 Hundreds of millions of yen (YoY +72.7%) |
| Operating profit margin | 1.6 % |
| Results for the three months of the current quarter | Net Sales 383 Hundreds of millions of yen / Operating profit 6 Hundreds of millions of yen / Ordinary income 6 Hundreds of millions of yen / Profit attributable to owners of the parent 19 Hundreds of millions of yen |
| Full-year earnings forecast | Net Sales 1,570 Hundreds of millions of yen / Operating profit 34 Hundreds of millions of yen / Ordinary income 20 Hundreds of millions of yen / Profit attributable to owners of the parent 39 Hundreds of millions of yen / Annual Dividend ¥20 per share |
| Breakdown of Factors Affecting the Change | Factors Sales volume / Amount 1 Hundreds of millions of yen, Factors Selling Prices / Amount -10 Hundreds of millions of yen, Factors Main raw material prices (higher scrap prices) / Amount -13 Hundreds of millions of yen, Factors Spread / Amount -23 Hundreds of millions of yen, Factors Variable costs / Amount -1 Hundreds of millions of yen, Factors Fixed Costs / Amount 2 Hundreds of millions of yen, Factors Inventory impact / Amount 7 Hundreds of millions of yen, Factors Other regions / Amount 2 Hundreds of millions of yen |
| Key KPIs | Indicator name Sales volume / Value Increased / Year on year against the same period last year Increased |
| Financial targets | Equity ratio End of March 2026 71.6 % / End of June 2026 70.5 % |
| Annual Dividend | Annual ¥20 per share / Interim ¥13 per share / End of period ¥7 per share |
| New initiatives | Give concrete form to business alliances, Give concrete form to sales expansion initiatives, Raise selling prices |
Items this document does not state (17)
Gross Profit MarginSelling, general and administrative expensesProgress against full-year forecastSelf-assessment against the planSegment resultsUnit price and quantity metricsNumber of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan targetsPayout ratioAcquisition of treasury sharesCapital expendituresOrders 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.Although sales volume increased, price increases had only just begun, and selling prices had not yet reached a sufficient level. Prices declined in response to weak demand and low-priced imported steel products. Scrap prices also rose sharply on the back of overseas demand and the weaker yen, narrowing the spread. Net income increased due to the sale of rental properties, and the full-year net income forecast was revised upward to reflect a ¥1.3 billion gain on the sale of land and additional fixed-asset sales planned for the second half.
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.