Worth reading
41Recurring
Scored from 5 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
96
Year-on-year change in operating income (%)Wording
Conditional
How definitive the wording is.Results for this period
First quarter1 July 2026 to 30 September 2026ConsolidatedJapanese GAAPNet Sales11,265¥ millionYear on year +12.8%Progress 23.0%
Operating profit827¥ millionYear on year +96.0%Progress 30.6%
Ordinary income994¥ millionYear on year +125.6%Progress 32.1%
Net income attributable to owners of the parent697¥ millionYear on year +131.3%Progress 33.2%
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¥24.46
Financial position at period-end
Total assets33,899¥ million
of which net assets 19,108 ¥ millionEquity ratio 55.4%vs. prior year-end +1.3pt
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
Resource-Circulation Business6,77853.1%+37.6%
Global-trading business4,96038.9%-9.5%
Lithium-ion Battery Recycling Business8716.8%+38.2%
Other1441.1%-10.3%
Segment profit
Resource-Circulation Business73966.2%+184.8%
Global-trading business18316.4%+58.5%
Lithium-ion Battery Recycling Business16614.9%+10.4%
Other282.5%-51.3%
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥49,000 million (YoY +10.3%)
Operating profit¥2,700 million (YoY -16.3%)
Ordinary income¥3,100 million (YoY -13.5%)
Net income¥2,100 million (YoY -13.4%)
Annual Dividend Forecast¥25.00 → ¥22.00
Factors Behind Changes in Business Performance
High average iron scrap prices and nonferrous and precious metal prices, strengthened recovery and sales of high-value-added products using proprietary sorting technology, the benefits of structural reforms, and increased handling volumes from spot projects and other factors.
Disclosure regarding the going concern assumption
Not applicable
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 0 companies / Excluded 0 companies / Company name Not disclosed
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of property, plant and equipment ¥1,199 thousand / Extraordinary loss Loss on disposal of non-current assets ¥755 thousand
Depreciation and amortization¥353,109 thousand
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingNo (対象者：Not applicable)
Issued Shares at Period-End30,317,388 shares
Treasury Shares at Period-End1,800,273 shares
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 July 2026 to 30 September 2026 |
| Net Sales | ¥11,265 million (YoY +12.8%) |
| Operating profit | ¥827 million (YoY +96.0%) |
| Ordinary income | ¥994 million (YoY +125.6%) |
| Profit attributable to owners of the parent | ¥697 million (YoY +131.3%) |
| Net income per share | ¥24.46 |
| Equity ratio | End of the current fiscal period 55.4% / End of previous period 54.1% |
| Total assets | ¥33,899 million |
| Net assets | ¥19,108 million |
| Full-year earnings forecast | Net Sales ¥49,000 million (YoY +10.3%) / Operating profit ¥2,700 million (YoY -16.3%) / Ordinary income ¥3,100 million (YoY -13.5%) / Net income ¥2,100 million (YoY -13.4%) |
| Annual Dividend Forecast | ¥25.00 → ¥22.00 |
| Segment revenue | Resource-Circulation Business ¥6,778 million (YoY +37.6%) / Global-trading business ¥4,960 million (YoY -9.5%) / Lithium-ion Battery Recycling Business ¥871 million (YoY +38.2%) / Other ¥144 million (YoY -10.3%) |
| Segment profit | Resource-Circulation Business ¥739 million (YoY +184.8%) / Global-trading business ¥183 million (YoY +58.5%) / Lithium-ion Battery Recycling Business ¥166 million (YoY +10.4%) / Other ¥28 million (YoY -51.3%) |
| Depreciation and amortization | ¥353,109 thousand |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of property, plant and equipment ¥1,199 thousand / Extraordinary loss Loss on disposal of non-current assets ¥755 thousand |
| Disclosure regarding the going concern assumption | Not applicable |
| 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 0 companies / Excluded 0 companies / Company name Not disclosed |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | No (対象者：Not applicable) |
| Issued Shares at Period-End | 30,317,388 shares |
| Treasury Shares at Period-End | 1,800,273 shares |
| Factors Behind Changes in Business Performance | High average iron scrap prices and nonferrous and precious metal prices, strengthened recovery and sales of high-value-added products using proprietary sorting technology, the benefits of structural reforms, and increased handling volumes from spot projects and other factors. |
Items this document does not state (12)
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 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.The factors cited include iron scrap prices and nonferrous and precious metal prices remaining at high levels, strengthened recovery and sales of high-value-added products using proprietary sorting technology, the benefits of structural reforms, and increased handling volumes from spot projects and other factors.
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.