Worth reading
74In focus
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
-1236
¥ millionWording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAPNet Sales40,951¥ millionYear on year -15.8%Progress 45.0%
Operating profit-1,236¥ million
Ordinary income-2,758¥ million
Net income attributable to owners of the parent-2,965¥ 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¥99.12 loss
Financial position at period-end
Total assets143,411¥ million
of which net assets 111,317 ¥ millionEquity ratio 76.1%vs. prior year-end +3.7pt
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.
Cash inflows and outflows
Operating+6,867
Investment-2,669
Financials-5,522
Net change-1,324
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Cash and cash equivalents at end of period¥18,789 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥91,000 million (YoY -9.0%)
Operating profit¥100 million (YoY -90.0%)
Ordinary income¥-1,100 million
Profit attributable to owners of the parent¥-2,000 million
Revision to Earnings ForecastNet Sales Not disclosed → ¥91,000 million / Operating profit Not disclosed → ¥100 million / Ordinary income Not disclosed → ¥-1,100 million / Profit attributable to owners of the parent Not disclosed → ¥-2,000 million
Annual Dividend ForecastTo be determined → ¥69 per share
Shareholder Return PolicyTargeting a consolidated dividend payout ratio of approximately 30%
Factors Behind Changes in Business Performance
Margin deterioration due to delays in implementing revised selling prices, lower shipment volumes due to the 2026 Kumamoto earthquake and prolonged rain, higher scrap prices, electricity costs and logistics costs, foreign exchange losses, and losses from the 2026 Kumamoto earthquake
Disclosure regarding the going concern assumption
None
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 consolidationNew 0 companies / Excluded 0 companies
Material subsequent eventsA special dividend of ¥69 per share, the acquisition of up to 2,800,100 shares through a tender offer for treasury shares, and repayment of US$71,000,000 in borrowings by consolidated subsidiary KOS
Breakdown of extraordinary income (loss)Extraordinary income Not disclosed / Extraordinary loss Losses from disasters ¥1,890 million
Depreciation and amortization¥2,029 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for securities analysts)
Issued Shares at Period-End42,279,982
Treasury Shares at Period-End12,361,600
| 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 | ¥40,951 million (YoY -15.8%) |
| Operating profit | ¥-1,236 million |
| Ordinary income | ¥-2,758 million |
| Profit attributable to owners of the parent | ¥-2,965 million |
| Net income per share | ¥99.12 loss |
| Equity ratio | End of the current fiscal period 76.1 / End of previous period 72.4 |
| Total assets | ¥143,411 million |
| Net assets | ¥111,317 million |
| Cash flows from operating activities | ¥6,867 million |
| Cash flows from investing activities | ¥-2,669 million |
| Cash flows from financing activities | ¥-5,522 million |
| Cash and cash equivalents at end of period | ¥18,789 million |
| Full-year earnings forecast | Net Sales ¥91,000 million (YoY -9.0%) / Operating profit ¥100 million (YoY -90.0%) / Ordinary income ¥-1,100 million / Profit attributable to owners of the parent ¥-2,000 million |
| Revision to Earnings Forecast | Net Sales Not disclosed → ¥91,000 million / Operating profit Not disclosed → ¥100 million / Ordinary income Not disclosed → ¥-1,100 million / Profit attributable to owners of the parent Not disclosed → ¥-2,000 million |
| Annual Dividend Forecast | To be determined → ¥69 per share |
| Shareholder Return Policy | Targeting a consolidated dividend payout ratio of approximately 30% |
| Depreciation and amortization | ¥2,029 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Not disclosed / Extraordinary loss Losses from disasters ¥1,890 million |
| Disclosure regarding the going concern assumption | None |
| 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 | New 0 companies / Excluded 0 companies |
| Material subsequent events | A special dividend of ¥69 per share, the acquisition of up to 2,800,100 shares through a tender offer for treasury shares, and repayment of US$71,000,000 in borrowings by consolidated subsidiary KOS |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (for securities analysts) |
| Issued Shares at Period-End | 42,279,982 |
| Treasury Shares at Period-End | 12,361,600 |
| Factors Behind Changes in Business Performance | Margin deterioration due to delays in implementing revised selling prices, lower shipment volumes due to the 2026 Kumamoto earthquake and prolonged rain, higher scrap prices, electricity costs and logistics costs, foreign exchange losses, and losses from the 2026 Kumamoto earthquake |
Items this document does not state (7)
Operating MarginPayout ratioSegment revenueSegment profitRegional salesOrders received and order backlogImpairment loss
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.Margin deterioration due to delays in implementing revised selling prices, lower shipment volumes due to the 2026 Kumamoto earthquake and prolonged rain, higher scrap prices, electricity costs and logistics costs, foreign exchange losses, and losses from the 2026 Kumamoto earthquake.
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.