Worth reading
49Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Deterioration
Direction inferred from the company’s description.Scale
-2307
¥ million (operating loss)Wording
Conditional
How definitive the wording is.Results for this period
First quarter1 April 2026 to 30 June 2026Non-consolidated (standalone)Japanese GAAPNet Sales72,927Millions of yenYear on year -1.3%Progress 23.2%
Operating profit-2,307Millions of yen
Ordinary income-1,743Millions of yen
Net income attributable to owners of the parent1,882Millions of yenYear on year -49.5%Progress 188.2%
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¥18.40
Financial position at period-end
Total assets288,905Millions of yen
of which net assets 217,343 Millions of yenEquity ratio 75.2%vs. prior year-end -0.6pt
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.
Outlook and shareholder returns
Full-year earnings forecast
Net Sales315,000 Millions of yen (YoY +17.5%)
Operating profit-4,000 Millions of yen
Ordinary income-2,500 Millions of yen
Net income1,000 Millions of yen (YoY -91.3%)
Revision to Earnings Forecast2Q cumulative Net Sales Not disclosed → 155,000 Millions of yen / Operating profit Not disclosed → -4,000 Millions of yen / Ordinary income Not disclosed → -3,000 Millions of yen / Net income Not disclosed → 1,000 Millions of yen / Full year Net Sales Not disclosed → 315,000 Millions of yen / Operating profit Not disclosed → -4,000 Millions of yen / Ordinary income Not disclosed → -2,500 Millions of yen / Net income Not disclosed → 1,000 Millions of yen
Annual Dividend Forecast¥50 → ¥40（-20.0%）
Factors Behind Changes in Business Performance
Raw material procurement costs increased as scrap prices surged amid heightened tensions in the Middle East, and it took time for higher product prices to be reflected in shipping prices. Extraordinary income was recorded from the sale of assets.
Disclosure regarding the going concern assumption
No applicable matters
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
Material subsequent eventsNo applicable matters.
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets 993 Millions of yen, Gain on sale of investment securities 3,403 Millions of yen, Gain on disposal of fixed assets 0 Millions of yen / Extraordinary loss Losses on disposal of fixed assets 133 Millions of yen
Depreciation and amortization2,142 Millions of yen
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for analysts)
Issued Shares at Period-End110,064,249
Treasury Shares at Period-End8,123,434
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Non-consolidated (standalone) |
| Period Covered | 1 April 2026 to 30 June 2026 |
| Net Sales | 72,927 Millions of yen (YoY -1.3%) |
| Operating profit | -2,307 Millions of yen |
| Ordinary income | -1,743 Millions of yen |
| Profit attributable to owners of the parent | 1,882 Millions of yen (YoY -49.5%) |
| Net income per share | ¥18.40 |
| Equity ratio | End of the current fiscal period 75.2 / End of previous period 75.8 |
| Total assets | 288,905 Millions of yen |
| Net assets | 217,343 Millions of yen |
| Full-year earnings forecast | Net Sales 315,000 Millions of yen (YoY +17.5%) / Operating profit -4,000 Millions of yen / Ordinary income -2,500 Millions of yen / Net income 1,000 Millions of yen (YoY -91.3%) |
| Revision to Earnings Forecast | 2Q cumulative Net Sales Not disclosed → 155,000 Millions of yen / Operating profit Not disclosed → -4,000 Millions of yen / Ordinary income Not disclosed → -3,000 Millions of yen / Net income Not disclosed → 1,000 Millions of yen / Full year Net Sales Not disclosed → 315,000 Millions of yen / Operating profit Not disclosed → -4,000 Millions of yen / Ordinary income Not disclosed → -2,500 Millions of yen / Net income Not disclosed → 1,000 Millions of yen |
| Annual Dividend Forecast | ¥50 → ¥40（-20.0%） |
| Depreciation and amortization | 2,142 Millions of yen |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets 993 Millions of yen, Gain on sale of investment securities 3,403 Millions of yen, Gain on disposal of fixed assets 0 Millions of yen / Extraordinary loss Losses on disposal of fixed assets 133 Millions of yen |
| Disclosure regarding the going concern assumption | No applicable matters |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Material subsequent events | No applicable matters. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (for analysts) |
| Issued Shares at Period-End | 110,064,249 |
| Treasury Shares at Period-End | 8,123,434 |
| Factors Behind Changes in Business Performance | Raw material procurement costs increased as scrap prices surged amid heightened tensions in the Middle East, and it took time for higher product prices to be reflected in shipping prices. Extraordinary income was recorded from the sale of assets. |
Items this document does not state (13)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodPayout ratioShareholder Return PolicySegment revenueSegment profitRegional salesOrders received and order backlogImpairment lossChanges in the scope of consolidation
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.Scrap prices surged amid heightened tensions in the Middle East, and it took time for increases in product prices to be reflected in shipping prices in response to higher raw material procurement costs. Quarterly net income reflected the sale of assets, including investment securities.
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.