Worth reading
46Recurring
Scored from 5 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
—
Displayed only when the document provides numerical figures.Wording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAPNet Sales39,472¥ millionYear on year +7.4%Progress 51.9%
Operating profit4,944¥ millionYear on year -26.0%Progress 49.4%
Ordinary income4,869¥ millionYear on year -27.7%Progress 48.7%
Net income attributable to owners of the parent3,044¥ millionYear on year -32.4%Progress 42.9%
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¥121.19
Financial position at period-end
Total assets84,459¥ million
of which net assets 64,574 ¥ millionEquity ratio 76.4%vs. prior year-end -2.4pt
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.
Segment revenueSteel business ¥39,038 million (YoY +7.5%), Other ¥2,610 million (YoY +9.9%)
Segment profitSteel business ¥4,753 million (YoY -27.3%), Other ¥171 million (YoY +43.1%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥76,000 million (YoY +4.8%)
Operating profit¥10,000 million (YoY -17.0%)
Ordinary income¥10,000 million (YoY -16.9%)
Net income¥7,100 million (YoY -12.1%)
Annual Dividend Forecast300 yen (prior period before stock split, current period after stock split) → 100 yen (prior period before stock split, current period after stock split)（-66.7%）
Factors Behind Changes in Business Performance
The increase in revenue was primarily attributable to higher shipment volumes of products and related goods. Profit decreased due to a narrowing of the price-cost spread and higher electricity costs.
Disclosure regarding the going concern assumption
No applicable items
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
Changes in the scope of consolidationNo
Impairment loss¥58 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥6 million / Extraordinary loss Loss on disposal of non-current assets ¥31 million, Impairment loss ¥58 million
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo (no eligible attendees)
Issued Shares at Period-End25,335,915
Treasury Shares at Period-End304,062
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 September 2026 |
| Net Sales | ¥39,472 million (YoY +7.4%) |
| Operating profit | ¥4,944 million (YoY -26.0%) |
| Ordinary income | ¥4,869 million (YoY -27.7%) |
| Profit attributable to owners of the parent | ¥3,044 million (YoY -32.4%) |
| Net income per share | ¥121.19 |
| Equity ratio | End of the current fiscal period 76.4 / End of previous period 78.8 |
| Total assets | ¥84,459 million |
| Net assets | ¥64,574 million |
| Full-year earnings forecast | Net Sales ¥76,000 million (YoY +4.8%) / Operating profit ¥10,000 million (YoY -17.0%) / Ordinary income ¥10,000 million (YoY -16.9%) / Net income ¥7,100 million (YoY -12.1%) |
| Annual Dividend Forecast | 300 yen (prior period before stock split, current period after stock split) → 100 yen (prior period before stock split, current period after stock split)（-66.7%） |
| Segment revenue | Steel business ¥39,038 million (YoY +7.5%), Other ¥2,610 million (YoY +9.9%) |
| Segment profit | Steel business ¥4,753 million (YoY -27.3%), Other ¥171 million (YoY +43.1%) |
| Impairment loss | ¥58 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥6 million / Extraordinary loss Loss on disposal of non-current assets ¥31 million, Impairment loss ¥58 million |
| Disclosure regarding the going concern assumption | No applicable items |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | No |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | No (no eligible attendees) |
| Issued Shares at Period-End | 25,335,915 |
| Treasury Shares at Period-End | 304,062 |
| Factors Behind Changes in Business Performance | The increase in revenue was primarily attributable to higher shipment volumes of products and related goods. Profit decreased due to a narrowing of the price-cost spread and higher electricity costs. |
Items this document does not state (12)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodRevision to Earnings ForecastPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogDepreciation and amortizationMaterial 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.The increase in revenue was primarily attributable to higher shipment volumes of products and related goods. Profit decreased due to a narrowing of the price-cost spread between product prices and raw material prices, as well as higher electricity costs.
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.