Worth reading
58In focus
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
-10.3
% (year-on-year change in revenue)Wording
Avoiding a definitive answer
How definitive the wording is.Results for this period
First quarter1 April 2026 to 30 June 2026ConsolidatedJapanese GAAPNet Sales23,121¥ millionYear on year -10.3%Progress 23.1%
Operating profit-182¥ million
Ordinary income177¥ millionProgress 17.7%
Net income attributable to owners of the parent-9¥ million
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¥(0.33)
Financial position at period-end
Total assets146,764¥ million
of which net assets 113,021 ¥ millionEquity ratio 75.5%vs. prior year-end +3.1pt
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.
Regional salesFirst quarter of the current fiscal year Japan 16,424 / Indonesia 2,314 / Other 4,382 / Same quarter of the previous year Japan 17,687 / Indonesia 4,557 / Other 3,527
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥100,000 million (YoY +5.2%)
Operating profit¥1,000 million
Ordinary income¥1,000 million
Profit attributable to owners of the parent¥300 million
Revision to Earnings ForecastNot disclosed → 2Q cumulative Net Sales 45,000 / Operating profit -1,200 / Ordinary income -1,400 / Profit attributable to owners of the parent -1,200 / Full year Net Sales 100,000 / Operating profit 1,000 / Ordinary income 1,000 / Profit attributable to owners of the parent 300
Annual Dividend Forecast¥0.00 → End of second quarter ¥0.00 (no dividend planned) / End of period To be determined / Annual To be determined
Payout ratioApproximately 30%
Shareholder Return PolicyDividends will be paid based on a consolidated payout ratio of approximately 30% of profit excluding KOS-related losses.
Factors Behind Changes in Business Performance
Demand for steel products in the construction industry remained weak, while iron scrap prices rose sharply and electricity and logistics costs increased. Although selling prices were revised, margins temporarily contracted. Steel product sales volume also declined from 239 thousand tonnes in the same period of the previous year to 210 thousand tonnes.
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 eventsThe West Japan Kumamoto Plant was damaged by the 2026 Kumamoto Earthquake that occurred on 28 July 2026, and the extent of the damage is currently being investigated.
Breakdown of extraordinary income (loss)None (no extraordinary income or extraordinary loss items were reported in the income statement)
Depreciation and amortization¥1,014 million
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo
Issued Shares at Period-End42,279,982 shares
Treasury Shares at Period-End12,361,505 treasury shares
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 June 2026 |
| Net Sales | ¥23,121 million (YoY -10.3%) |
| Operating profit | ¥-182 million |
| Ordinary income | ¥177 million |
| Profit attributable to owners of the parent | ¥-9 million |
| Net income per share | ¥(0.33) |
| Equity ratio | End of the current fiscal period 75.5% / End of previous period 72.4% |
| Total assets | ¥146,764 million |
| Net assets | ¥113,021 million |
| Full-year earnings forecast | Net Sales ¥100,000 million (YoY +5.2%) / Operating profit ¥1,000 million / Ordinary income ¥1,000 million / Profit attributable to owners of the parent ¥300 million |
| Revision to Earnings Forecast | Not disclosed → 2Q cumulative Net Sales 45,000 / Operating profit -1,200 / Ordinary income -1,400 / Profit attributable to owners of the parent -1,200 / Full year Net Sales 100,000 / Operating profit 1,000 / Ordinary income 1,000 / Profit attributable to owners of the parent 300 |
| Annual Dividend Forecast | ¥0.00 → End of second quarter ¥0.00 (no dividend planned) / End of period To be determined / Annual To be determined |
| Payout ratio | Approximately 30% |
| Shareholder Return Policy | Dividends will be paid based on a consolidated payout ratio of approximately 30% of profit excluding KOS-related losses. |
| Regional sales | First quarter of the current fiscal year Japan 16,424 / Indonesia 2,314 / Other 4,382 / Same quarter of the previous year Japan 17,687 / Indonesia 4,557 / Other 3,527 |
| Depreciation and amortization | ¥1,014 million |
| Breakdown of extraordinary income (loss) | None (no extraordinary income or extraordinary loss items were reported in the income statement) |
| 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 | The West Japan Kumamoto Plant was damaged by the 2026 Kumamoto Earthquake that occurred on 28 July 2026, and the extent of the damage is currently being investigated. |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | No |
| Issued Shares at Period-End | 42,279,982 shares |
| Treasury Shares at Period-End | 12,361,505 treasury shares |
| Factors Behind Changes in Business Performance | Demand for steel products in the construction industry remained weak, while iron scrap prices rose sharply and electricity and logistics costs increased. Although selling prices were revised, margins temporarily contracted. Steel product sales volume also declined from 239 thousand tonnes in the same period of the previous year to 210 thousand tonnes. |
Items this document does not state (10)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodSegment revenueSegment profitOrders 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.Demand for steel products for construction remained weak, while iron scrap prices rose sharply and electricity and logistics costs increased. Although selling prices were revised, margins temporarily contracted.
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.
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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.