Worth reading
73In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Improvement
Direction inferred from the company’s description.Scale
500
¥ millionWording
Avoiding a definitive answer
How definitive the wording is.Revised forecast
Fiscal year ending March 2027 · Second quarter (interim period) and full yearPrevious forecast published 17 September 2026Net SalesInterim period—consolidated29,500→—million
—
Net SalesInterim period—non-consolidated27,800→—million
—
Net SalesFull year—consolidated68,700→69,400million
+1.0%
Net SalesFull year—non-consolidated65,400→66,000million
+0.9%
Operating profitInterim period—consolidated-800→—million
—
Operating profitInterim period—non-consolidated-1,100→—million
—
Operating profitFull year—consolidated300→800million
+166.7%
Operating profitFull year—non-consolidated-300→100million
+133.3%
Ordinary incomeInterim period—consolidated-700→—million
—
Ordinary incomeInterim period—non-consolidated-1,000→—million
—
Ordinary incomeFull year—consolidated600→600million
0.0%
Ordinary incomeFull year—non-consolidated-100→0million
+100.0%
Profit attributable to owners of the parentInterim period—consolidated-500→—million
—
Profit attributable to owners of the parentInterim period—non-consolidated-700→—million
—
Profit attributable to owners of the parentFull year—consolidated300→300million
0.0%
Profit attributable to owners of the parentFull year—non-consolidated-100→0million
+100.0%
Net income per shareInterim period—consolidated—→—yen
—
Net income per shareInterim period—non-consolidated—→—yen
—
Net income per shareFull year—consolidated11.32→11.3yen
-0.2%
Net income per shareFull year—non-consolidated—→0yen
—
The bar length represents the relative magnitude of change, based on the item that changed the most in this document. The percentage change shown by the dotted line is calculated from the two reported figures because the company did not provide the rate.
Reason for the revision
The revision reflects the second-quarter actual results exceeding expectations, revisions to selling prices for the main product, heavy plates, the current cost environment, and the expected impact of recording a loss on disposal of fixed assets (non-operating expense) in the second half, among other factors.
Details and amount of extraordinary loss
The company states that it expects to record a loss on disposal of fixed assets (non-operating expense) in the second half. Amount: Not disclosed.
Previous-period resultsInterim period (second quarter of the fiscal year ending March 2026): Consolidated net sales were ¥23,263 million, operating income ¥560 million, ordinary income ¥652 million, interim net income attributable to owners of the parent ¥441 million, and interim net income per share ¥16.31. On a non-consolidated basis, net sales were ¥21,478 million, operating income ¥297 million, ordinary income ¥398 million, interim net income ¥274 million, and interim net income per share ¥10.13. Full year (fiscal year ending March 2026): Consolidated net sales were ¥51,103 million, operating income ¥923 million, ordinary income ¥1,113 million, net income attributable to owners of the parent ¥1,275 million, and net income per share ¥47.08. On a non-consolidated basis, net sales were ¥47,501 million, operating income ¥342 million, ordinary income ¥562 million, net income ¥892 million, and net income per share ¥32.94.
Dividend forecast revisionThere is no revision to the dividend forecast accompanying this revision to the earnings forecast.
Consolidated / non-consolidatedConsolidated and non-consolidated (standalone)
| Item | Details |
|---|---|
| Net Sales | Interim period—consolidated 29,500 / Interim period—non-consolidated 27,800 / Full year—consolidated 68,700 / Full year—non-consolidated 65,400 → Interim period—consolidated Actual result 29,164 / Interim period—non-consolidated Actual result 27,384 / Full year—consolidated 69,400 / Full year—non-consolidated 66,000（Interim period—consolidated △1.1% / Interim period—non-consolidated △1.5% / Full year—consolidated 1.0% / Full year—non-consolidated 0.9%） |
| Operating profit | Interim period—consolidated -800 / Interim period—non-consolidated -1,100 / Full year—consolidated 300 / Full year—non-consolidated -300 → Interim period—consolidated Actual result △343 / Interim period—non-consolidated Actual result △660 / Full year—consolidated 800 / Full year—non-consolidated 100（Interim period—consolidated Not disclosed / Interim period—non-consolidated Not disclosed / Full year—consolidated 166.7% / Full year—non-consolidated Not disclosed） |
| Ordinary income | Interim period—consolidated -700 / Interim period—non-consolidated -1,000 / Full year—consolidated 600 / Full year—non-consolidated -100 → Interim period—consolidated Actual result △139 / Interim period—non-consolidated Actual result △451 / Full year—consolidated 600 / Full year—non-consolidated 0 |
| Profit attributable to owners of the parent | Interim period—consolidated -500 / Interim period—non-consolidated -700 / Full year—consolidated 300 / Full year—non-consolidated -100 → Interim period—consolidated Actual result △121 (interim net income) / Interim period—non-consolidated Actual result △315 (interim net income) / Full year—consolidated 300 / Full year—non-consolidated 0 |
| Net income per share | Interim period—consolidated △18.68 / Interim period—non-consolidated △26.15 / Full year—consolidated 11.32 / Full year—non-consolidated △3.77 → Interim period—consolidated Actual result △4.56 (interim net income) / Interim period—non-consolidated Actual result △11.79 (interim net income) / Full year—consolidated 11.30 / Full year—non-consolidated 0.00 |
| Fiscal Period Covered | Fiscal year ending March 2027 |
| Period Covered | Second quarter (interim period) and full year |
| Publication date of previous forecast | 17 September 2026 |
| Previous-period results | Interim period (second quarter of the fiscal year ending March 2026): Consolidated net sales were ¥23,263 million, operating income ¥560 million, ordinary income ¥652 million, interim net income attributable to owners of the parent ¥441 million, and interim net income per share ¥16.31. On a non-consolidated basis, net sales were ¥21,478 million, operating income ¥297 million, ordinary income ¥398 million, interim net income ¥274 million, and interim net income per share ¥10.13. Full year (fiscal year ending March 2026): Consolidated net sales were ¥51,103 million, operating income ¥923 million, ordinary income ¥1,113 million, net income attributable to owners of the parent ¥1,275 million, and net income per share ¥47.08. On a non-consolidated basis, net sales were ¥47,501 million, operating income ¥342 million, ordinary income ¥562 million, net income ¥892 million, and net income per share ¥32.94. |
| Reason for the revision | The revision reflects the second-quarter actual results exceeding expectations, revisions to selling prices for the main product, heavy plates, the current cost environment, and the expected impact of recording a loss on disposal of fixed assets (non-operating expense) in the second half, among other factors. |
| Details and amount of extraordinary loss | The company states that it expects to record a loss on disposal of fixed assets (non-operating expense) in the second half. Amount: Not disclosed. |
| Dividend forecast revision | There is no revision to the dividend forecast accompanying this revision to the earnings forecast. |
| Consolidated / non-consolidated | Consolidated and non-consolidated (standalone) |
The reasons the company gives
The company's own explanation, not something inferred from the numbers.In the interim period, sales in the steel-related business were broadly in line with expectations, while profit exceeded forecast due to valuation differences on inventories of raw materials and work in process. The full-year forecasts reflect the interim-period outperformance, revisions to selling prices for heavy plates, the current cost environment, and the expected impact of recording a loss on disposal of fixed assets in the second half.
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.