Komori
Earnings5451YODOKO,Ltd.Iron and Steel and Nonferrous Metals

Summary of Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated)

For the interim period of the fiscal year ending March 2027, revenue and operating income exceeded the year-earlier period due to factors including higher sales volumes, while interim net income attributable to owners of the parent increased substantially, partly due to special gains. For the full-year forecast, revenue was revised upward, while operating income, ordinary income and net income were revised downward, and the annual dividend forecast was cut from ¥71 to ¥69.

Worth reading
59In 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
24.7
% (year-on-year decrease in forecast full-year net income attributable to owners of the parent)
Wording
Avoiding a definitive answer
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAP
Net Sales106,477¥ millionYear on year +4.5%Progress 50.7%
Operating profit7,540¥ millionYear on year +3.1%Progress 65.6%
Ordinary income9,121¥ millionYear on year +2.8%Progress 65.1%
Net income attributable to owners of the parent10,019¥ millionYear on year +65.8%Progress 76.5%

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¥69.94
Financial position at period-end
Total assets268,622¥ million
of which net assets 224,561 ¥ millionEquity ratio 75.0%vs. prior year-end -1.0pt

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 Sheets-related ¥101,384 million (YoY +4.5%), Roll Business ¥1,555 million (YoY -3.1%), Grating Business ¥1,403 million (YoY +0.2%), Real Estate Business ¥629 million (YoY -7.0%), Other Businesses ¥1,504 million (YoY +26.0%)
Segment profitSteel Sheets-related ¥7,582 million (YoY +3.1%), Roll Business ¥123 million (YoY +53.8%), Grating Business ¥8 million (YoY -50.0%), Real Estate Business ¥376 million (YoY -3.3%), Other Businesses ¥355 million (YoY +16.8%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥210,000 million (YoY +7.5%)
Operating profit¥11,500 million (YoY -3.1%)
Ordinary income¥14,000 million (YoY -20.1%)
Net income¥13,100 million (YoY -24.7%)
Revision to Earnings ForecastNot disclosed → Net Sales ¥210,000 million / Operating profit ¥11,500 million / Ordinary income ¥14,000 million / Net income ¥13,100 million
Annual Dividend Forecast¥71 → ¥69(-2.8%)
Factors Behind Changes in Business Performance

Increased domestic sales volumes of contract and merchant sales, soaring prices for zinc and thinner, lower sales volumes at the Taiwanese subsidiary and the rebound from the impact of tariffs in the year-earlier period, low levels of road-related construction, partial sale of real estate used in the real estate business, and strong cargo-handling volumes in the warehousing and transportation business, among other factors.

Disclosure regarding the going concern assumption

There are 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
Changes in the scope of consolidationNew 0 companies / Excluded 1 company (淀川盛餘(合肥)高科技鋼板有限公司 (YSS))
Breakdown of extraordinary income (loss)Extraordinary income Gain on sales of fixed assets ¥945 million, Gain on Sale of Shares in Affiliates ¥2,438 million, Gain on liquidation of an affiliated company ¥30 million / Extraordinary loss Loss on disposal and sale of non-current assets ¥61 million, Other ¥2 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for securities analysts and institutional investors)
Issued Shares at Period-End156,272,250 shares
Treasury Shares at Period-End12,975,080 shares
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 September 2026
Net Sales¥106,477 million (YoY +4.5%)
Operating profit¥7,540 million (YoY +3.1%)
Ordinary income¥9,121 million (YoY +2.8%)
Profit attributable to owners of the parent¥10,019 million (YoY +65.8%)
Net income per share¥69.94
Equity ratioEnd of the current fiscal period 75 / End of previous period 76
Total assets¥268,622 million
Net assets¥224,561 million
Full-year earnings forecastNet Sales ¥210,000 million (YoY +7.5%) / Operating profit ¥11,500 million (YoY -3.1%) / Ordinary income ¥14,000 million (YoY -20.1%) / Net income ¥13,100 million (YoY -24.7%)
Revision to Earnings ForecastNot disclosed → Net Sales ¥210,000 million / Operating profit ¥11,500 million / Ordinary income ¥14,000 million / Net income ¥13,100 million
Annual Dividend Forecast¥71 → ¥69(-2.8%)
Segment revenueSteel Sheets-related ¥101,384 million (YoY +4.5%), Roll Business ¥1,555 million (YoY -3.1%), Grating Business ¥1,403 million (YoY +0.2%), Real Estate Business ¥629 million (YoY -7.0%), Other Businesses ¥1,504 million (YoY +26.0%)
Segment profitSteel Sheets-related ¥7,582 million (YoY +3.1%), Roll Business ¥123 million (YoY +53.8%), Grating Business ¥8 million (YoY -50.0%), Real Estate Business ¥376 million (YoY -3.3%), Other Businesses ¥355 million (YoY +16.8%)
Breakdown of extraordinary income (loss)Extraordinary income Gain on sales of fixed assets ¥945 million, Gain on Sale of Shares in Affiliates ¥2,438 million, Gain on liquidation of an affiliated company ¥30 million / Extraordinary loss Loss on disposal and sale of non-current assets ¥61 million, Other ¥2 million
Disclosure regarding the going concern assumptionThere are no applicable matters.
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No
Changes in the scope of consolidationNew 0 companies / Excluded 1 company (淀川盛餘(合肥)高科技鋼板有限公司 (YSS))
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for securities analysts and institutional investors)
Issued Shares at Period-End156,272,250 shares
Treasury Shares at Period-End12,975,080 shares
Factors Behind Changes in Business PerformanceIncreased domestic sales volumes of contract and merchant sales, soaring prices for zinc and thinner, lower sales volumes at the Taiwanese subsidiary and the rebound from the impact of tariffs in the year-earlier period, low levels of road-related construction, partial sale of real estate used in the real estate business, and strong cargo-handling volumes in the warehousing and transportation business, among other factors.
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 periodPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogDepreciation and amortizationImpairment lossMaterial 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.

In Japan, sales volumes of contract and merchant sales increased, while soaring prices for zinc and other materials put pressure on profit. Overseas, sales volumes at the Taiwanese subsidiary declined, but profit increased because of the rebound from the significant impact of tariffs under the Trump administration in the year-earlier period. For the full-year forecast, the company cited expectations that the situation would continue to be affected by tensions in the Middle East, soaring energy and transportation costs, sluggish demand growth in the construction and automotive industries, and elevated procurement costs for zinc, paint and thinner, among other materials.

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.
Summary of Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated) | YODOKO,Ltd. (5451) timely disclosure | Komori