Worth reading
54Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Deterioration
Direction inferred from the company’s description.Scale
-4358
¥ million (year-on-year decrease in operating profit)Wording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)2024年4月1日〜2024年9月30日ConsolidatedJapanese GAAPNet Sales88,834¥ millionYear on year -5.4%Progress 51.3%
Operating profit8,543¥ millionYear on year -33.8%Progress 47.5%
Ordinary income8,298¥ millionYear on year -35.5%Progress 48.8%
Net income attributable to owners of the parent5,807¥ millionYear on year -35.7%
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 share409.61円
Financial position at period-end
Total assets217,561¥ million
of which net assets 92,284 ¥ millionEquity ratio 42.3%vs. prior year-end +1.6pt
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.
Cash inflows and outflows
Operating+3,643
Investment-7,046
Financials-3,424
Net change-6,827
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Cash and cash equivalents at end of period¥10,267 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥173,000 million (YoY -4.1%)
Operating profit¥18,000 million (YoY -10.0%)
Ordinary income¥17,000 million (YoY -11.1%)
Profit attributable to owners of the parent¥12,000 million (YoY -11.5%)
Revision to Earnings ForecastNet Sales Not disclosed → ¥173,000 million / Operating profit Not disclosed → ¥18,000 million / Ordinary income Not disclosed → ¥17,000 million / Profit attributable to owners of the parent Not disclosed → ¥12,000 million
Annual Dividend Forecast¥200 → ¥200（0.0%）
Factors Behind Changes in Business Performance
半導体製造装置向けや建築関連の回復の遅れ、輸入材の増加、中国経済停滞の長期化による大型物件の延期、ニッケル価格相場等の変動による在庫評価損益の悪化、高機能材の販売構成の影響。
Disclosure regarding the going concern assumption
Not applicable.
Change in accounting policy
基準改正に伴う変更 Yes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 Gain on sale of non-current assets ¥2 million / Extraordinary loss Loss on sale of fixed assets ¥109 million
Depreciation and amortization¥2,812 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable Yes / Subject person Institutional investors and analysts
Issued Shares at Period-End15,497,333
Treasury Shares at Period-End1,413,369
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 2024年4月1日〜2024年9月30日 |
| Net Sales | ¥88,834 million (YoY -5.4%) |
| Operating profit | ¥8,543 million (YoY -33.8%) |
| Ordinary income | ¥8,298 million (YoY -35.5%) |
| Profit attributable to owners of the parent | ¥5,807 million (YoY -35.7%) |
| Net income per share | 409.61円 |
| Equity ratio | End of the current fiscal period 42.3 / End of previous period 40.7 |
| Total assets | ¥217,561 million |
| Net assets | ¥92,284 million |
| Cash flows from operating activities | ¥3,643 million |
| Cash flows from investing activities | ¥-7,046 million |
| Cash flows from financing activities | ¥-3,424 million |
| Cash and cash equivalents at end of period | ¥10,267 million |
| Full-year earnings forecast | Net Sales ¥173,000 million (YoY -4.1%) / Operating profit ¥18,000 million (YoY -10.0%) / Ordinary income ¥17,000 million (YoY -11.1%) / Profit attributable to owners of the parent ¥12,000 million (YoY -11.5%) |
| Revision to Earnings Forecast | Net Sales Not disclosed → ¥173,000 million / Operating profit Not disclosed → ¥18,000 million / Ordinary income Not disclosed → ¥17,000 million / Profit attributable to owners of the parent Not disclosed → ¥12,000 million |
| Annual Dividend Forecast | ¥200 → ¥200（0.0%） |
| Depreciation and amortization | ¥2,812 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥2 million / Extraordinary loss Loss on sale of fixed assets ¥109 million |
| Disclosure regarding the going concern assumption | Not applicable. |
| Change in accounting policy | Changes due to revisions to standards Yes / 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 | Yes |
| Availability of Financial Results Briefing | Whether applicable Yes / Subject person Institutional investors and analysts |
| Issued Shares at Period-End | 15,497,333 |
| Treasury Shares at Period-End | 1,413,369 |
| Factors Behind Changes in Business Performance | 半導体製造装置向けや建築関連の回復の遅れ、輸入材の増加、中国経済停滞の長期化による大型物件の延期、ニッケル価格相場等の変動による在庫評価損益の悪化、高機能材の販売構成の影響。 |
Items this document does not state (9)
Operating MarginPayout ratioShareholder Return PolicySegment revenueSegment profitRegional salesOrders received and order backlogImpairment 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.半導体製造装置向けや建築関連の回復の遅れ、輸入材の増加、中国経済停滞の長期化による大型物件の延期、販売数量の減少見込み、在庫評価損の拡大、高機能材の販売構成の影響などにより、販売数量・収益の見込みが当初想定を下回るため。中間期の実績については、ニッケル価格相場等の変動による在庫評価損益や高機能材の販売構成の影響が挙げられている。
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.