Worth reading
47Recurring
Scored from 5 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
131.6
Year-on-year change in operating profit (%)Wording
Conditional
How definitive the wording is.Results for this period
Third quarter1 January 2026–30 September 2026ConsolidatedJapanese GAAPNet Sales58,907¥ millionYear on year +1.8%Progress 72.6%
Operating profit7,315¥ millionYear on year +131.6%Progress 66.5%
Ordinary income-1,246¥ million
Net income attributable to owners of the parent-1,380¥ million
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 share-¥11.06
Financial position at period-end
Total assets94,404¥ million
of which net assets 70,119 ¥ millionEquity ratio 74.3%vs. prior year-end -1.7pt
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.
Segment revenue
Ferroalloy Business36,62162.2%+0.3%
Functional Materials Business9,93916.9%-9.0%
Incineration Ash Recycling Business8,53214.5%+29.6%
Aqua Solutions Business1,1592.0%-5.5%
Power Business8881.5%-11.8%
Other1,7663.0%+10.7%
Segment profit
Ferroalloy Business-5,356
Functional Materials Business966-12.3%
Incineration Ash Recycling Business2,589+70.7%
Aqua Solutions Business47-20.3%
Power Business172-35.6%
Other334+9.5%
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥81,100 million (YoY +4.9%)
Operating profit¥11,000 million (YoY +113.1%)
Ordinary income¥1,500 million (YoY -44.5%)
Profit attributable to owners of the parent¥500 million (YoY -64.8%)
Annual Dividend Forecast¥12 → ¥17（+41.7%）
Factors Behind Changes in Business Performance
Underlying ordinary profit increased due to higher revenue, the impact of the weaker yen, increased incineration-ash processing volumes, and the continued strength of the molten-metal market. However, ordinary income deteriorated following the recognition of an investment loss related to パータマフェロアロイズ Co., Ltd.
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 consolidation0 additions, 0 exclusions (no material changes)
Impairment lossNot applicable (impairment losses on fixed assets by reporting segment)
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥285 million / Extraordinary loss Loss on disposal of fixed assets ¥74 million, Impairment Losses on Investment Securities ¥134 million
Depreciation and amortization¥2,960 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingNo
Issued Shares at Period-End125,437,664 shares
Treasury Shares at Period-End560,694 shares
| Item | Details |
|---|---|
| Fiscal Period Classification | Third quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 January 2026–30 September 2026 |
| Net Sales | ¥58,907 million (YoY +1.8%) |
| Operating profit | ¥7,315 million (YoY +131.6%) |
| Ordinary income | ¥-1,246 million |
| Profit attributable to owners of the parent | ¥-1,380 million |
| Net income per share | -¥11.06 |
| Equity ratio | End of the current fiscal period 74.3 / End of previous period 76 |
| Total assets | ¥94,404 million |
| Net assets | ¥70,119 million |
| Full-year earnings forecast | Net Sales ¥81,100 million (YoY +4.9%) / Operating profit ¥11,000 million (YoY +113.1%) / Ordinary income ¥1,500 million (YoY -44.5%) / Profit attributable to owners of the parent ¥500 million (YoY -64.8%) |
| Annual Dividend Forecast | ¥12 → ¥17（+41.7%） |
| Segment revenue | Ferroalloy Business ¥36,621 million (YoY +0.3%) / Functional Materials Business ¥9,939 million (YoY -9.0%) / Incineration Ash Recycling Business ¥8,532 million (YoY +29.6%) / Aqua Solutions Business ¥1,159 million (YoY -5.5%) / Power Business ¥888 million (YoY -11.8%) / Other ¥1,766 million (YoY +10.7%) |
| Segment profit | Ferroalloy Business ¥-5,356 million / Functional Materials Business ¥966 million (YoY -12.3%) / Incineration Ash Recycling Business ¥2,589 million (YoY +70.7%) / Aqua Solutions Business ¥47 million (YoY -20.3%) / Power Business ¥172 million (YoY -35.6%) / Other ¥334 million (YoY +9.5%) |
| Depreciation and amortization | ¥2,960 million |
| Impairment loss | Not applicable (impairment losses on fixed assets by reporting segment) |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥285 million / Extraordinary loss Loss on disposal of fixed assets ¥74 million, Impairment Losses on Investment Securities ¥134 million |
| 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 | 0 additions, 0 exclusions (no material changes) |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | No |
| Issued Shares at Period-End | 125,437,664 shares |
| Treasury Shares at Period-End | 560,694 shares |
| Factors Behind Changes in Business Performance | Underlying ordinary profit increased due to higher revenue, the impact of the weaker yen, increased incineration-ash processing volumes, and the continued strength of the molten-metal market. However, ordinary income deteriorated following the recognition of an investment loss related to パータマフェロアロイズ Co., Ltd. |
Items this document does not state (11)
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 PolicyRegional salesOrders received and order backlogMaterial 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.Underlying profit improved due to higher revenue, the impact of the weaker yen, increased incineration-ash processing volumes, and the continued strength of the molten-metal market. However, ordinary income deteriorated following the recognition of an investment loss related to パータマフェロアロイズ Co., Ltd., which operates the overseas ferroalloy business.
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.