Komori
Earnings5542Shinhokoku Material Corp.Iron & Steel, Nonferrous Metals

Financial Results for the First Quarter of the Fiscal Year Ending December 2026 (Japanese GAAP, Non-consolidated)

In the first quarter of the fiscal year ending December 2026, net sales decreased 10.2% year on year and operating income decreased 26.9%, while ordinary income and quarterly net income also declined. Semiconductor investment, however, has recovered from its low in the fourth quarter of the previous fiscal year, and the order environment is reported to remain firm.

Worth reading
26Immaterial
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
26.9
Year-on-year change in operating profit (%)
Wording
Conditional
How definitive the wording is.

Results for this period

First quarter1 January 2026–31 March 2026Non-consolidated (standalone)Japanese GAAP
Net Sales1,476,844¥ thousandYear on year -10.2%
Operating profit154,356¥ thousandYear on year -26.9%
Ordinary income158,249¥ thousandYear on year -26.7%
Net income attributable to owners of the parent129,550¥ thousandYear on year -19.7%

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.

Financial position at period-end
Total assets8,027,766¥ thousand
of which net assets 5,837,614 ¥ thousand

The shaded area represents net assets as a proportion of total assets. It is calculated from the two amounts reported by the company.

Segment revenueSegment Specialty alloy business / Current fiscal year ¥1,438,792 thousand / Prior-year period ¥1,606,455 thousand / Year on year against the same period last year Not disclosed, Segment Real Estate Leasing Business / Current fiscal year ¥38,052 thousand / Prior-year period ¥38,052 thousand / Year on year against the same period last year Not disclosed
Segment profitSegment Specialty alloy business / Current fiscal year ¥124,780 thousand / Prior-year period ¥181,122 thousand / Year on year against the same period last year Not disclosed, Segment Real Estate Leasing Business / Current fiscal year ¥29,576 thousand / Prior-year period ¥29,949 thousand / Year on year against the same period last year Not disclosed
Outlook and shareholder returns
Full-year earnings forecast
Net SalesNot disclosed
Operating profitNot disclosed
Ordinary incomeNot disclosed
Net incomeNot disclosed
NotesThe earnings forecasts announced on 10 February 2026 remain unchanged.
Factors Behind Changes in Business Performance

Against a backdrop of continued uncertainty over the outlook due to the ongoing U.S. tariff policy, tensions in the Middle East and the stagnation of the Ukraine conflict, the market for the company's mainstay semiconductor manufacturing equipment posted a slight decline in sales because the first quarter of the previous fiscal year was exceptionally strong. Semiconductor investment for AI and data centers is recovering from its low in the fourth quarter of the previous fiscal year, and the order environment remains firm.

Disclosure regarding the going concern assumption

No applicable matters ("There are no applicable matters")

Depreciation and amortization¥51,186 thousand
Results for this period
ItemDetails
Fiscal Period ClassificationFirst quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedNon-consolidated (standalone)
Period Covered1 January 2026–31 March 2026
Net Sales¥1,476,844 thousand (YoY -10.2%)
Operating profit¥154,356 thousand (YoY -26.9%)
Ordinary income¥158,249 thousand (YoY -26.7%)
Profit attributable to owners of the parent¥129,550 thousand (YoY -19.7%)
Total assets¥8,027,766 thousand
Net assets¥5,837,614 thousand
Full-year earnings forecastNet Sales Not disclosed / Operating profit Not disclosed / Ordinary income Not disclosed / Net income Not disclosed / Notes The earnings forecasts announced on 10 February 2026 remain unchanged.
Segment revenueSegment Specialty alloy business / Current fiscal year ¥1,438,792 thousand / Prior-year period ¥1,606,455 thousand / Year on year against the same period last year Not disclosed, Segment Real Estate Leasing Business / Current fiscal year ¥38,052 thousand / Prior-year period ¥38,052 thousand / Year on year against the same period last year Not disclosed
Segment profitSegment Specialty alloy business / Current fiscal year ¥124,780 thousand / Prior-year period ¥181,122 thousand / Year on year against the same period last year Not disclosed, Segment Real Estate Leasing Business / Current fiscal year ¥29,576 thousand / Prior-year period ¥29,949 thousand / Year on year against the same period last year Not disclosed
Depreciation and amortization¥51,186 thousand
Disclosure regarding the going concern assumptionNo applicable matters ("There are no applicable matters")
Factors Behind Changes in Business PerformanceAgainst a backdrop of continued uncertainty over the outlook due to the ongoing U.S. tariff policy, tensions in the Middle East and the stagnation of the Ukraine conflict, the market for the company's mainstay semiconductor manufacturing equipment posted a slight decline in sales because the first quarter of the previous fiscal year was exceptionally strong. Semiconductor investment for AI and data centers is recovering from its low in the fourth quarter of the previous fiscal year, and the order environment remains firm.
Items this document does not state (22)
Net income per shareOperating MarginEquity ratioCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodRevision to Earnings ForecastAnnual Dividend ForecastPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogImpairment lossBreakdown of extraordinary income (loss)Change in accounting policyChanges in the scope of consolidationMaterial subsequent eventsAvailability of Supplementary Financial Results MaterialsAvailability of Financial Results BriefingIssued Shares at Period-EndTreasury Shares at Period-End

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.

Amid continued uncertainty over the outlook due to the ongoing U.S. tariff policy, tensions in the Middle East and the Ukraine conflict, the market for the company's mainstay semiconductor manufacturing equipment posted a slight year-on-year decline in sales, reflecting the reversal of the exceptionally strong first quarter of the previous fiscal year. Semiconductor investment for AI and data centers has recovered from its low in the fourth quarter of the previous fiscal year, and the order environment is described as firm.

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.
Financial Results for the First Quarter of the Fiscal Year Ending December 2026 (Japanese GAAP, Non-consolidated) | Shinhokoku Material Corp. (5542) timely disclosure | Komori