Worth reading
62In 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
-65.9
Operating profit year-on-year (%)Wording
Conditional
How definitive the wording is.Contents of this document
Supplementary materials to the earnings reportFiscal year ending March 20269 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥51,103 million+0.1%
Operating profit¥923 million-65.9%
Ordinary income¥1,113 million-57.2%
Net income¥1,275 million-26.4%
Gross Profit Margin11.3%
Operating profit margin1.8%
Selling, general and administrative expenses¥4,861 million
Results for the three months of the current quarter
Net Sales
¥14,294 million
Operating profit
¥188 million
Ordinary income
¥141 million
Profit attributable to owners of parent for the quarter
¥200 million
Full-year earnings forecast
Net Sales
¥69,600 million
Operating profit
¥1,200 million
Ordinary income
¥1,500 million
Profit attributable to owners of the parent
¥900 million
Earnings per share
¥33.22
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Decline in ferrous scrap prices¥3,334 million
- Manufacturing cost reduction¥856 million
- Lower selling prices¥-6,035 million
- Increase in sales volume¥640 million
- Other¥-281 million
New initiatives
- Increase the annual dividend to ¥113
- Share repurchase of up to 900,000 shares and ¥1.7 billion
- Reduce consolidated shareholders' equity through enhanced shareholder returns
Key KPIsA metric the company considers important as a management benchmark.
- Steel product sales volume13.7 %Year on year against the same period last yearIncreased
- Steel product selling price-11.7 %Year on year against the same period last yearDecliners
Unit price and quantity metricsThese figures show sales broken down by price and volume.
Sales volume13.7% year on year
Selling price▲11.7% year on year
Segment results
Steel-related business
Net Sales
¥48,346 million
Year-on-year change in revenue0.9
Operating profit (loss)
¥547 million
Year-on-year change in operating income (loss)-76.1
Rental Business
Net Sales
¥785 million
Year-on-year change in revenue5.2
Operating profit (loss)
¥122 million
Year-on-year change in operating income (loss)50.4
Logistics
Net Sales
¥503 million
Year-on-year change in revenue-11.5
Operating profit (loss)
¥114 million
Year-on-year change in operating income (loss)-33.3
Engineering Business
Net Sales
¥1,468 million
Year-on-year change in revenue-18.7
Operating profit (loss)
¥66 million
Year-on-year change in operating income (loss)-35.5
Medium-term management plan targets
DOE3.5% or higher
Consolidated equityApproximately ¥70 billion by the end of fiscal 2027
Market capitalizationEarly achievement of ¥100 billion
Financial targets
DOE3.5% or higher
Consolidated shareholders' equity targetApproximately ¥70 billion
Consolidated shareholders' equity as of 31 March 2026¥74.9 billion as of 31 March 2026
Actual equity ratio88.6%
Annual Dividend
Annual dividend per share¥113 (forecast)
Interim¥56
End of period¥57
Acquisition of treasury shares
Number of shares acquired900,000 shares (maximum)
Acquisition price¥1,700 million (maximum)
Acquisition period14 May 2026 to 30 November 2026
| Item | Details |
|---|---|
| Document type | Supplementary materials to the earnings report |
| Fiscal Period Covered | Fiscal year ending March 2026 |
| Net Sales | ¥51,103 million (YoY +0.1%) |
| Operating profit | ¥923 million (YoY -65.9%) |
| Ordinary income | ¥1,113 million (YoY -57.2%) |
| Net income | ¥1,275 million (YoY -26.4%) |
| Gross Profit Margin | 11.3% |
| Operating profit margin | 1.8% |
| Selling, general and administrative expenses | ¥4,861 million |
| Results for the three months of the current quarter | Net Sales ¥14,294 million / Operating profit ¥188 million / Ordinary income ¥141 million / Profit attributable to owners of parent for the quarter ¥200 million |
| Full-year earnings forecast | Net Sales ¥69,600 million / Operating profit ¥1,200 million / Ordinary income ¥1,500 million / Profit attributable to owners of the parent ¥900 million / Earnings per share ¥33.22 |
| Segment results | Steel-related business Net Sales ¥48,346 million / Year-on-year change in revenue 0.9 / Operating profit (loss) ¥547 million / Year-on-year change in operating income (loss) -76.1 / Rental Business Net Sales ¥785 million / Year-on-year change in revenue 5.2 / Operating profit (loss) ¥122 million / Year-on-year change in operating income (loss) 50.4 / Logistics Net Sales ¥503 million / Year-on-year change in revenue -11.5 / Operating profit (loss) ¥114 million / Year-on-year change in operating income (loss) -33.3 / Engineering Business Net Sales ¥1,468 million / Year-on-year change in revenue -18.7 / Operating profit (loss) ¥66 million / Year-on-year change in operating income (loss) -35.5 |
| Breakdown of Factors Affecting the Change | Factors Decline in ferrous scrap prices / Amount ¥3,334 million, Factors Manufacturing cost reduction / Amount ¥856 million, Factors Lower selling prices / Amount ¥-6,035 million, Factors Increase in sales volume / Amount ¥640 million, Factors Other / Amount ¥-281 million |
| Key KPIs | Indicator name Steel product sales volume / Value 13.7 % / Year on year against the same period last year Increased, Indicator name Steel product selling price / Value -11.7 % / Year on year against the same period last year Decliners |
| Unit price and quantity metrics | Sales volume 13.7% year on year / Selling price ▲11.7% year on year |
| Medium-term management plan targets | DOE 3.5% or higher / Consolidated equity Approximately ¥70 billion by the end of fiscal 2027 / Market capitalization Early achievement of ¥100 billion |
| Financial targets | DOE 3.5% or higher / Consolidated shareholders' equity target Approximately ¥70 billion / Consolidated shareholders' equity as of 31 March 2026 ¥74.9 billion as of 31 March 2026 / Actual equity ratio 88.6% |
| Annual Dividend | Annual dividend per share ¥113 (forecast) / Interim ¥56 / End of period ¥57 |
| Acquisition of treasury shares | Number of shares acquired 900,000 shares (maximum) / Acquisition price ¥1,700 million (maximum) / Acquisition period 14 May 2026 to 30 November 2026 |
| New initiatives | Increase the annual dividend to ¥113, Share repurchase of up to 900,000 shares and ¥1.7 billion, Reduce consolidated shareholders' equity through enhanced shareholder returns |
Items this document does not state (11)
Progress against full-year forecastSelf-assessment against the planNumber of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookPayout ratioCapital expendituresOrders 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.Selling prices declined as steel market conditions deteriorated, and the decline in selling prices exceeded the decline in ferrous scrap prices, narrowing the metal spread. Meanwhile, sales volume increased as production and orders returned to normal following accident-related recovery efforts.
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.