Komori
Disclosure5444YAMATO KOGYO CO.,LTD.Iron & Steel, Nonferrous Metals

Notice Regarding the Recording of Non-operating Income (Share of Profit of Investments Accounted for Using the Equity Method)

During the interim consolidated accounting period of the fiscal year ending March 2027, the Company recorded ¥41,745 million in equity in earnings of affiliates as non-operating income. This was an increase of ¥20,652 million from the same period of the previous year.

Worth reading
72In focus
Scored from 5 of 6 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
41745
¥ million
Wording
Definitive
How definitive the wording is.

Decision and Details

Recognition of equity-method investment gains

Period CoveredThe interim consolidated accounting period of the fiscal year ending March 2027 (1 April 2026 to 30 September 2026)
Implementation1 April 2026 to 30 September 2026 (already recorded)
Going forwardThe impact on business performance is described in the "Fiscal Year Ending March 2027 Second Quarter (Interim Period) Earnings Summary [Japanese GAAP] (Consolidated)" and the "Notice Regarding Differences Between the Consolidated Earnings Forecast and Actual Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 and Revisions to the Full-Year Earnings Forecast," both announced on the same day.
AmountEquity in earnings of affiliates: ¥41,745 million; increase from the same period of the previous year: ¥20,652 million
Reason

Primarily because market conditions at equity-method affiliates in the United States continued to trend upward on the back of solid demand, resulting in strong performance.

Impact on Business Performance

Recorded under non-operating income in the interim consolidated income statement. Details of the impact on business performance are provided in the earnings summary and the notice regarding the revision of the business performance forecasts announced on the same day.

Decision and Details
ItemDetails
Matter CoveredRecognition of equity-method investment gains
Implementation Date1 April 2026 to 30 September 2026 (already recorded)
Period CoveredThe interim consolidated accounting period of the fiscal year ending March 2027 (1 April 2026 to 30 September 2026)
AmountEquity in earnings of affiliates: ¥41,745 million; increase from the same period of the previous year: ¥20,652 million
Impact on Business PerformanceRecorded under non-operating income in the interim consolidated income statement. Details of the impact on business performance are provided in the earnings summary and the notice regarding the revision of the business performance forecasts announced on the same day.
ReasonPrimarily because market conditions at equity-method affiliates in the United States continued to trend upward on the back of solid demand, resulting in strong performance.
Future plansThe impact on business performance is described in the "Fiscal Year Ending March 2027 Second Quarter (Interim Period) Earnings Summary [Japanese GAAP] (Consolidated)" and the "Notice Regarding Differences Between the Consolidated Earnings Forecast and Actual Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 and Revisions to the Full-Year Earnings Forecast," both announced on the same day.
Items this document does not state (5)
Decision-Making BodyDecision DateQuantity / scaleGoverning RuleRelated previous disclosures

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.

This was primarily due to continued market improvements against a backdrop of solid demand, resulting in strong performance at the Company's equity-method affiliates, mainly in the United States.

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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding the Recording of Non-operating Income (Share of Profit of Investments Accounted for Using the Equity Method) | YAMATO KOGYO CO.,LTD. (5444) timely disclosure | Komori