Worth reading
86Important
Scored from 4 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
211
¥100 million (year-on-year change in revenue)Wording
Conditional
How definitive the wording is.Contents of this document
Earnings presentationFirst 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¥1,635 hundred million
Operating profit¥131 hundred million
Net income¥91 100 million profit for the year attributable to owners of the parent
Results for the three months of the current quarter
Steel product sales volume269 1,000 tonnes; ¥100 million
Revenue1,635 1,000 tonnes; ¥100 million
Operating profit131 1,000 tonnes; ¥100 million
Adjusted operating profit115 1,000 tonnes; ¥100 million
Pretax profit143 1,000 tonnes; ¥100 million
Profit for the period attributable to owners of the parent91 1,000 tonnes; ¥100 million
Progress against full-year forecast 通期の予想に対して、いまどこまで進んだかの割合です。
Operating profit33%
Adjusted operating profit29%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Profit level above expectations compared with the figures announced on 15 MayBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Volume changes¥21 hundred million
- Price changes¥30 hundred million
- Market prices for raw materials and fuels¥-21 hundred million
- Other changes in details¥2 hundred million
- Variable costs¥-3 hundred million
- Fixed Costs¥-6 hundred million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
- New Scrap¥51 thousand/t
- H2¥44.5 thousand/t
- Dubai crude oil$90 /B
- Ni$8 /lb
Key KPIsA metric the company considers important as a management benchmark.
- Steel Product Sales Volume (Non-consolidated)269 thousand tonnesYear on year against the same period last year+16,000 tonnes
- Revenue from Open-Die Forgings¥43 100 million/month
- Open-Die Forgings as a Percentage of the Automotive and Industrial Machinery Segment47 %Year on year against the same period last year+3 percentage points
- High-Alloy Products Revenue Index (FY2017=100)158 Index
- Magnetic Materials Products Revenue Index (FY2017=100)152 Index
- Powder Products Revenue Index (FY2017=100)211 Index
- Titanium Revenue Index (FY2017=100)144 Index
Unit price and quantity metricsThese figures show sales broken down by price and volume.
Steel product sales volume
269 thousand tonnes
Price changes
¥30 hundred million
Segment results
- Specialty steel materialsRevenue594Operating profit32Adjusted operating profit29Year-on-year changeRevenue 82 / Operating profit 6 / Adjusted operating profit 0
- Functional and magnetic materialsRevenue580Operating profit58Adjusted operating profit48Year-on-year changeRevenue 97 / Operating profit 27 / Adjusted operating profit 22
- Automotive parts and industrial machinery partsRevenue316Operating profit29Adjusted operating profit27Year-on-year changeRevenue 23 / Operating profit 15 / Adjusted operating profit 5
- EngineeringRevenue73Operating profit2Adjusted operating profit2Year-on-year changeRevenue 5 / Operating profit -5 / Adjusted operating profit -5
- Distribution and servicesRevenue72Operating profit10Adjusted operating profit9Year-on-year changeRevenue 4 / Operating profit 1 / Adjusted operating profit 1
Financial targets
ROE
Actual results
- 6.7 %As of25/3
- 7.2 %As of26/3
- 7.6 %As of26/6
Debt-to-equity ratio
Actual results
- 0.42 timesAs of25/3
- 0.41 timesAs of26/3
- 0.43 timesAs of26/6
| Item | Details |
|---|---|
| Document type | Earnings presentation |
| Fiscal Period Covered | First quarter of the fiscal year ending March 2027 |
| Net Sales | ¥1,635 hundred million |
| Operating profit | ¥131 hundred million |
| Net income | ¥91 100 million (profit for the year attributable to owners of the parent) |
| Results for the three months of the current quarter | Steel product sales volume 269 1,000 tonnes; ¥100 million / Revenue 1,635 1,000 tonnes; ¥100 million / Operating profit 131 1,000 tonnes; ¥100 million / Adjusted operating profit 115 1,000 tonnes; ¥100 million / Pretax profit 143 1,000 tonnes; ¥100 million / Profit for the period attributable to owners of the parent 91 1,000 tonnes; ¥100 million |
| Progress against full-year forecast | Operating profit 33% / Adjusted operating profit 29% |
| Self-assessment against the plan | Profit level above expectations compared with the figures announced on 15 May |
| Segment results | Segment Specialty steel materials / Revenue ¥594 hundred million / Operating profit ¥32 hundred million / Adjusted operating profit ¥29 hundred million / Year-on-year change Revenue 82 / Operating profit 6 / Adjusted operating profit 0, Segment Functional and magnetic materials / Revenue ¥580 hundred million / Operating profit ¥58 hundred million / Adjusted operating profit ¥48 hundred million / Year-on-year change Revenue 97 / Operating profit 27 / Adjusted operating profit 22, Segment Automotive parts and industrial machinery parts / Revenue ¥316 hundred million / Operating profit ¥29 hundred million / Adjusted operating profit ¥27 hundred million / Year-on-year change Revenue 23 / Operating profit 15 / Adjusted operating profit 5, Segment Engineering / Revenue ¥73 hundred million / Operating profit ¥2 hundred million / Adjusted operating profit ¥2 hundred million / Year-on-year change Revenue 5 / Operating profit -5 / Adjusted operating profit -5, Segment Distribution and services / Revenue ¥72 hundred million / Operating profit ¥10 hundred million / Adjusted operating profit ¥9 hundred million / Year-on-year change Revenue 4 / Operating profit 1 / Adjusted operating profit 1 |
| Breakdown of Factors Affecting the Change | Factors Volume changes / Amount ¥21 hundred million, Factors Price changes / Amount ¥30 hundred million, Factors Market prices for raw materials and fuels / Amount ¥-21 hundred million, Factors Other changes in details / Amount ¥2 hundred million, Factors Variable costs / Amount ¥-3 hundred million, Factors Fixed Costs / Amount ¥-6 hundred million |
| Key KPIs | 269 thousand tonnes, ¥43 100 million/month, 47 %, 158 Index, 152 Index, 211 Index, 144 Index |
| Unit price and quantity metrics | Steel product sales volume 269 thousand tonnes / Price changes ¥30 hundred million |
| Assumptions Underlying the Business Outlook | New Scrap ¥51 thousand/t, H2 ¥44.5 thousand/t, Dubai crude oil $90 /B, Ni $8 /lb |
| Financial targets | ROE Actual results 6.7 %, 7.2 %, 7.6 % / Debt-to-equity ratio Actual results 0.42 times, 0.41 times, 0.43 times / Target Not disclosed |
Items this document does not state (17)
Ordinary incomeGross Profit MarginOperating profit marginSelling, general and administrative expensesFull-year earnings forecastNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookMedium-term management plan targetsAnnual DividendPayout ratioAcquisition of treasury sharesCapital expendituresOrders received and order backlogMarket Size / ShareKey points of the Q&ANew initiatives
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.Profit increased due to a recovery in orders for industrial machinery-related products, an increase in semiconductor-related orders, higher steel product sales volumes, and the effects of expanded sales to the plant sector. Compared with the figures announced on 15 May, higher-than-expected steel product volumes lifted the profit level. Meanwhile, in the special steel products business, adjusted operating profit was unchanged year on year due to the impact of the slide gap.
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.