Worth reading
66In focus
Scored from 5 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
-15
¥100 million (year-on-year change in ordinary profit)Wording
Conditional
How definitive the wording is.Contents of this document
Supplementary materials to the earnings reportSecond quarter of the fiscal year ending March 20277 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥410 100 million
Operating profit¥-12 100 million
Ordinary income¥-28 100 million
Net income¥-30 100 million
Full-year earnings forecast
Net Sales
¥910 100 million
Operating profit
¥1 100 million
Ordinary income
¥-11 100 million
Profit attributable to owners of the parent
¥-20 100 million
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Production and shipment volume variance¥-8 100 million
- Scrap price variance¥-37 100 million
- Energy and market-priced commodity variance¥-4 100 million
- Sales price differential¥21 100 million
- Depreciation and amortization¥-2 100 million
- Cost improvement¥7 100 million
- Valuation gains/losses variance
- KOS ordinary profit¥8 100 million
- Total¥-15 100 million
New initiatives
- Launch of sales of RECOS, a non-fossil electricity steel products brand
- Acquisition of treasury shares through a tender offer
- Special year-end dividend of ¥69 per share
Key KPIsA metric the company considers important as a management benchmark.
- Equity ratio76.1 %
- Return on equity-5.4 %
- Net assets per share3,649 yen
- Return on assets based on ordinary income-3.7 %
Number of employees
Number of Employees918 people
Capital expenditures
¥34 100 million
Annual Dividend
Annual dividend per share69 yen
Breakdown
Interim Dividend0
Year-end dividend69
Year-end dividend breakdownOrdinary dividend: ¥0; special dividend: ¥69
Acquisition of treasury shares
Planned acquisitions280 10,000 shares
Total acquisition price58.8 10,000 shares
Amount unit¥100 million
Period5 November to 3 December 2026
| Item | Details |
|---|---|
| Document type | Supplementary materials to the earnings report |
| Fiscal Period Covered | Second quarter of the fiscal year ending March 2027 |
| Net Sales | ¥410 100 million |
| Operating profit | ¥-12 100 million |
| Ordinary income | ¥-28 100 million |
| Net income | ¥-30 100 million |
| Full-year earnings forecast | Net Sales ¥910 100 million / Operating profit ¥1 100 million / Ordinary income ¥-11 100 million / Profit attributable to owners of the parent ¥-20 100 million |
| Breakdown of Factors Affecting the Change | Factors Production and shipment volume variance / Amount ¥-8 100 million, Factors Scrap price variance / Amount ¥-37 100 million, Factors Energy and market-priced commodity variance / Amount ¥-4 100 million, Factors Sales price differential / Amount ¥21 100 million, Factors Depreciation and amortization / Amount ¥-2 100 million, Factors Cost improvement / Amount ¥7 100 million, Factors Valuation gains/losses variance / Amount Not disclosed, Factors KOS ordinary profit / Amount ¥8 100 million, Factors Total / Amount ¥-15 100 million |
| Key KPIs | Indicator name Equity ratio / Value 76.1 % / Year on year against the same period last year Not disclosed, Indicator name Return on equity / Value -5.4 % / Year on year against the same period last year Not disclosed, Indicator name Net assets per share / Value 3,649 yen / Year on year against the same period last year Not disclosed, Indicator name Return on assets based on ordinary income / Value -3.7 % / Year on year against the same period last year Not disclosed |
| Number of employees | Number of Employees 918 people / Change during the period Not disclosed / Hiring plan Not disclosed |
| Annual Dividend | Annual dividend per share 69 yen / Breakdown Interim Dividend 0 / Year-end dividend 69 / Year-end dividend breakdown Ordinary dividend: ¥0; special dividend: ¥69 |
| Acquisition of treasury shares | Planned acquisitions 280 10,000 shares / Total acquisition price 58.8 10,000 shares / Amount unit ¥100 million / Period 5 November to 3 December 2026 |
| Capital expenditures | ¥34 100 million |
| New initiatives | Launch of sales of RECOS, a non-fossil electricity steel products brand, Acquisition of treasury shares through a tender offer, Special year-end dividend of ¥69 per share |
Items this document does not state (17)
Gross Profit MarginOperating profit marginSelling, general and administrative expensesResults for the three months of the current quarterProgress against full-year forecastSelf-assessment against the planSegment resultsUnit price and quantity metricsNumber of stores and locationsAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsPayout ratioOrders received and order backlogMarket Size / ShareKey points of the Q&A
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 company cited stagnant construction demand, labor shortages, higher construction material costs, rising scrap prices and energy and logistics costs, delays in the adoption of revised selling prices, lower shipments due to the Kumamoto Earthquake and prolonged heavy rain, foreign exchange losses, and disaster losses. For the second half, it expects improvement from the full restoration of the Kumamoto Plant, the adoption of revised selling prices and additional revisions, the effect of an energy-efficient electric furnace, and cost reductions.
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.