Komori
Earnings5603KOGI CORPORATIONIron & Steel / Nonferrous Metals

Summary of Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated)

Revenue was broadly in line with the same period of the previous year, but operating profit, ordinary profit and net income all changed from profit to loss. While raw material costs rose and construction of a major project in the Environmental Equipment Business was delayed, the full-year earnings forecast was left unchanged, and the annual dividend forecast was reduced from the previous fiscal year's actual ¥50 to ¥40.

Worth reading
46Recurring
Scored from 5 of 6 sections
Direction
Deterioration
Direction inferred from the company’s description.
Scale
-13
¥ million (operating loss)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAP
Net Sales12,846¥ millionYear on year 0.0%Progress 46.7%
Operating profit-13¥ million
Ordinary income-53¥ million
Net income attributable to owners of the parent-28¥ 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△¥8.59
Financial position at period-end
Total assets37,247¥ million
of which net assets 20,152 ¥ millionEquity ratio 43.3%vs. prior year-end +0.1pt

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+1,323
Investment-1,584
Financials+283
Net change+22

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¥2,461 million
Segment revenueCasting Field ¥11,182 million (YoY -4.2%), Environment Field: Environmental Engineering ¥1,129 million (YoY +45.6%), Environment Field: Functional Materials ¥520 million (YoY +35.7%), Other businesses ¥13 million (YoY +0.3%)
Segment profitCasting Field ¥82 million (YoY -85.6%), Environment Field: Environmental Engineering ¥-73 million, Environment Field: Functional Materials ¥45 million (YoY +235.1%), Other businesses ¥0 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥27,480 million (YoY +7.0%)
Operating profit¥640 million (YoY +3.4%)
Ordinary income¥570 million (YoY -14.8%)
Profit attributable to owners of the parent¥400 million (YoY -15.0%)
Annual Dividend Forecast50 yen → 40 yen(-20.0%)
Factors Behind Changes in Business Performance

The impact of soaring raw material costs in the Foundry Business and delays in construction progress on a major project in the Environmental Equipment Business. Delays in procuring some materials due to the situation in the Middle East also contributed to the construction delay.

Disclosure regarding the going concern assumption

None

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 consolidationNo material changes (the number and names of companies were not stated)
Impairment lossNone
Breakdown of extraordinary income (loss)Extraordinary gains: None (-); extraordinary losses: None
Depreciation and amortization¥899 million
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNone (対象者:Not applicable)
Issued Shares at Period-End3,362,163
Treasury Shares at Period-End79,867
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 September 2026
Net Sales¥12,846 million (YoY 0.0%)
Operating profit¥-13 million
Ordinary income¥-53 million
Profit attributable to owners of the parent¥-28 million
Net income per share△¥8.59
Equity ratioEnd of the current fiscal period 43.3 / End of previous period 43.2
Total assets¥37,247 million
Net assets¥20,152 million
Cash flows from operating activities¥1,323 million
Cash flows from investing activities¥-1,584 million
Cash flows from financing activities¥283 million
Cash and cash equivalents at end of period¥2,461 million
Full-year earnings forecastNet Sales ¥27,480 million (YoY +7.0%) / Operating profit ¥640 million (YoY +3.4%) / Ordinary income ¥570 million (YoY -14.8%) / Profit attributable to owners of the parent ¥400 million (YoY -15.0%)
Annual Dividend Forecast50 yen → 40 yen(-20.0%)
Segment revenueCasting Field ¥11,182 million (YoY -4.2%), Environment Field: Environmental Engineering ¥1,129 million (YoY +45.6%), Environment Field: Functional Materials ¥520 million (YoY +35.7%), Other businesses ¥13 million (YoY +0.3%)
Segment profitCasting Field ¥82 million (YoY -85.6%), Environment Field: Environmental Engineering ¥-73 million, Environment Field: Functional Materials ¥45 million (YoY +235.1%), Other businesses ¥0 million
Depreciation and amortization¥899 million
Impairment lossNone
Breakdown of extraordinary income (loss)Extraordinary gains: None (-); extraordinary losses: None
Disclosure regarding the going concern assumptionNone
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No
Changes in the scope of consolidationNo material changes (the number and names of companies were not stated)
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNone (対象者:Not applicable)
Issued Shares at Period-End3,362,163
Treasury Shares at Period-End79,867
Factors Behind Changes in Business PerformanceThe impact of soaring raw material costs in the Foundry Business and delays in construction progress on a major project in the Environmental Equipment Business. Delays in procuring some materials due to the situation in the Middle East also contributed to the construction delay.
Items this document does not state (7)
Operating MarginRevision 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.

The impact of soaring raw material costs in the Foundry Business and delays in construction progress on a major project in the Environmental Equipment Business. The delay in construction progress on the major project was attributed to delays in procuring some materials due to the situation in the Middle East.

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.
Summary of Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated) | KOGI CORPORATION (5603) timely disclosure | Komori