Worth reading
54Recurring
Scored from 5 of 6 sectionsDirection
Deterioration
Direction inferred from the company’s description.Scale
-31.1
% (year-on-year change in operating income)Wording
Conditional
How definitive the wording is.Results for this period
Third quarter2023年４月１日〜2023年12月31日ConsolidatedJapanese GAAPNet Sales137,787¥ millionYear on year -8.2%Progress 77.8%
Operating profit15,905¥ millionYear on year -31.1%Progress 86.0%
Ordinary income15,327¥ millionYear on year -30.4%Progress 90.2%
Net income attributable to owners of the parent10,812¥ millionYear on year -30.5%Progress 94.0%
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 share743.17円
Financial position at period-end
Total assets213,611¥ million
of which net assets 85,862 ¥ millionEquity ratio 40.2%vs. prior year-end +4.4pt
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¥177,000 million (YoY -11.2%)
Operating profit¥18,500 million (YoY -36.8%)
Ordinary income¥17,000 million (YoY -38.7%)
Net income¥11,500 million (YoY -41.6%)
Revision to Earnings ForecastNot disclosed → Net Sales 177,000 / Operating profit 18,500 / Ordinary income 17,000 / Net income 11,500
Annual Dividend Forecast¥200 → ¥200（0.0%）
Factors Behind Changes in Business Performance
販売数量の減少、ニッケル価格相場の下落に伴う在庫評価損、高機能材物件の一部先送りの影響等により、売上高・利益が減少した。
Disclosure regarding the going concern assumption
None ("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 Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed
Breakdown of extraordinary income (loss)Extraordinary income Item Gain on sale of non-current assets / Amount ¥18 million / Extraordinary loss Not disclosed
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo
Issued Shares at Period-End15,497,333
Treasury Shares at Period-End1,028,228
| Item | Details |
|---|---|
| Fiscal Period Classification | Third quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 2023年４月１日〜2023年12月31日 |
| Net Sales | ¥137,787 million (YoY -8.2%) |
| Operating profit | ¥15,905 million (YoY -31.1%) |
| Ordinary income | ¥15,327 million (YoY -30.4%) |
| Profit attributable to owners of the parent | ¥10,812 million (YoY -30.5%) |
| Net income per share | 743.17円 |
| Equity ratio | End of the current fiscal period 40.2 / End of previous period 35.8 |
| Total assets | ¥213,611 million |
| Net assets | ¥85,862 million |
| Full-year earnings forecast | Net Sales ¥177,000 million (YoY -11.2%) / Operating profit ¥18,500 million (YoY -36.8%) / Ordinary income ¥17,000 million (YoY -38.7%) / Net income ¥11,500 million (YoY -41.6%) |
| Revision to Earnings Forecast | Not disclosed → Net Sales 177,000 / Operating profit 18,500 / Ordinary income 17,000 / Net income 11,500 |
| Annual Dividend Forecast | ¥200 → ¥200（0.0%） |
| Breakdown of extraordinary income (loss) | Extraordinary income Item Gain on sale of non-current assets / Amount ¥18 million / Extraordinary loss Not disclosed |
| Disclosure regarding the going concern assumption | None ("There are 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 Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | No |
| Issued Shares at Period-End | 15,497,333 |
| Treasury Shares at Period-End | 1,028,228 |
| Factors Behind Changes in Business Performance | 販売数量の減少、ニッケル価格相場の下落に伴う在庫評価損、高機能材物件の一部先送りの影響等により、売上高・利益が減少した。 |
Items this document does not state (14)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodPayout 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.販売数量の減少に加え、主要原料であるニッケル価格相場の下落に伴う在庫評価損や、ニッケルの先安感などによる高機能材物件の一部先送りの影響により、収益状況が悪化した。
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.