Worth reading
44Recurring
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
54.6
% (year-on-year change in operating profit)Wording
Conditional
How definitive the wording is.Results for this period
First quarter2023年4月1日〜2023年6月30日ConsolidatedJapanese GAAPNet Sales48,524¥ millionYear on year +3.5%Progress 23.6%
Operating profit6,727¥ millionYear on year +54.6%Progress 32.0%
Ordinary income7,054¥ millionYear on year +75.4%Progress 37.1%
Net income attributable to owners of the parent4,672¥ millionYear on year +84.2%Progress 35.9%
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 share317.61円
Financial position at period-end
Total assets220,895¥ million
of which net assets 80,736 ¥ millionEquity ratio 36.5%vs. prior year-end +0.7pt
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.
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥206,000 million (YoY +3.3%)
Operating profit¥21,000 million (YoY -28.2%)
Ordinary income¥19,000 million (YoY -31.5%)
Net income¥13,000 million (YoY -34.0%)
Annual Dividend Forecast¥200 → ¥200（0.0%）
Factors Behind Changes in Business Performance
販売数量は前年同期比24.9％減となったが、「中期経営計画2023」の施策によりロールマージンの確保及び徹底したコストダウンを実施した結果、売上高及び利益が増加した。
Disclosure regarding the going concern assumption
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 0 companies
Breakdown of extraordinary income (loss)Extraordinary income: None; extraordinary losses: None
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End15,497,333 shares
Treasury Shares at Period-End1,033,874株
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 2023年4月1日〜2023年6月30日 |
| Net Sales | ¥48,524 million (YoY +3.5%) |
| Operating profit | ¥6,727 million (YoY +54.6%) |
| Ordinary income | ¥7,054 million (YoY +75.4%) |
| Profit attributable to owners of the parent | ¥4,672 million (YoY +84.2%) |
| Net income per share | 317.61円 |
| Equity ratio | End of the current fiscal period 36.5% / End of previous period 35.8% |
| Total assets | ¥220,895 million |
| Net assets | ¥80,736 million |
| Full-year earnings forecast | Net Sales ¥206,000 million (YoY +3.3%) / Operating profit ¥21,000 million (YoY -28.2%) / Ordinary income ¥19,000 million (YoY -31.5%) / Net income ¥13,000 million (YoY -34.0%) |
| Annual Dividend Forecast | ¥200 → ¥200（0.0%） |
| Breakdown of extraordinary income (loss) | Extraordinary income: None; extraordinary losses: None |
| Disclosure regarding the going concern assumption | No applicable matters. |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | New 0 companies / Excluded 0 companies |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | Whether applicable No / Subject person Not disclosed |
| Issued Shares at Period-End | 15,497,333 shares |
| Treasury Shares at Period-End | 1,033,874株 |
| Factors Behind Changes in Business Performance | 販売数量は前年同期比24.9％減となったが、「中期経営計画2023」の施策によりロールマージンの確保及び徹底したコストダウンを実施した結果、売上高及び利益が増加した。 |
Items this document does not state (15)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodRevision to Earnings ForecastPayout ratioShareholder Return PolicySegment revenueSegment profitRegional 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.「中期経営計画2023」の施策によりロールマージンの確保と徹底したコストダウンを実施した結果としている。外部環境については、ステンレス一般材の荷動き低迷や市中在庫の余剰、高機能材での耐久消費財関連需要の弱含みを挙げている。
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.