Worth reading
50Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
-3543
¥ million (operating loss)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 GAAPNet Sales150,422¥ millionYear on year +12.3%Progress 46.1%
Operating profit-3,543¥ million
Ordinary income-2,949¥ million
Net income attributable to owners of the parent2,389¥ millionYear on year -47.7%Progress 34.1%
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¥23.46
Financial position at period-end
Total assets276,442¥ million
of which net assets 217,229 ¥ millionEquity ratio 78.6%vs. prior year-end +2.8pt
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 Sales¥326,000 million (YoY +21.6%)
Operating profit¥1,000 million (YoY -86.2%)
Ordinary income¥2,000 million (YoY -76.8%)
Net income¥7,000 million (YoY -39.4%)
Revision to Earnings ForecastNet Sales Not disclosed → ¥326,000 million / Operating profit Not disclosed → ¥1,000 million / Ordinary income Not disclosed → ¥2,000 million / Net income Not disclosed → ¥7,000 million
Annual Dividend Forecast¥50 → ¥40（-20.0%）
Factors Behind Changes in Business Performance
Operating profit improved as product shipment unit prices rose as expected and the purchase price of iron scrap was below expectations. Interim net income also improved due to asset sales. Going forward, the company will work to reflect price revisions, reduce raw material consumption and cut costs company-wide.
Disclosure regarding the going concern assumption
Not applicable.
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 eventsNot applicable.
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥993 million, Gain on disposal of fixed assets ¥0 million, Gain on sale of investment securities ¥5,190 million / Extraordinary loss Losses on disposal of fixed assets ¥266 million
Depreciation and amortization43 Hundreds of millions of yen
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable Yes / Subject person For analysts
Issued Shares at Period-End110,064,249
Treasury Shares at Period-End9,021,845
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Non-consolidated (standalone) |
| Period Covered | 1 April 2026 to 30 September 2026 |
| Net Sales | ¥150,422 million (YoY +12.3%) |
| Operating profit | ¥-3,543 million |
| Ordinary income | ¥-2,949 million |
| Profit attributable to owners of the parent | ¥2,389 million (YoY -47.7%) |
| Net income per share | ¥23.46 |
| Equity ratio | End of the current fiscal period 78.6 / End of previous period 75.8 |
| Total assets | ¥276,442 million |
| Net assets | ¥217,229 million |
| Full-year earnings forecast | Net Sales ¥326,000 million (YoY +21.6%) / Operating profit ¥1,000 million (YoY -86.2%) / Ordinary income ¥2,000 million (YoY -76.8%) / Net income ¥7,000 million (YoY -39.4%) |
| Revision to Earnings Forecast | Net Sales Not disclosed → ¥326,000 million / Operating profit Not disclosed → ¥1,000 million / Ordinary income Not disclosed → ¥2,000 million / Net income Not disclosed → ¥7,000 million |
| Annual Dividend Forecast | ¥50 → ¥40（-20.0%） |
| Depreciation and amortization | 43 Hundreds of millions of yen |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥993 million, Gain on disposal of fixed assets ¥0 million, Gain on sale of investment securities ¥5,190 million / Extraordinary loss Losses on disposal of fixed assets ¥266 million |
| Disclosure regarding the going concern assumption | Not applicable. |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Material subsequent events | Not applicable. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Whether applicable Yes / Subject person For analysts |
| Issued Shares at Period-End | 110,064,249 |
| Treasury Shares at Period-End | 9,021,845 |
| Factors Behind Changes in Business Performance | Operating profit improved as product shipment unit prices rose as expected and the purchase price of iron scrap was below expectations. Interim net income also improved due to asset sales. Going forward, the company will work to reflect price revisions, reduce raw material consumption and cut costs company-wide. |
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.Operating profit improved versus plan because product shipment unit prices rose as expected and the purchase price of iron scrap, the main raw material, was below expectations. Interim net income also improved versus plan as a result of progress in asset sales.
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.