Komori
Results5699IBOKIN Co.,Ltd.Iron and Steel, Nonferrous Metals

Financial Results for the Third Quarter of the Fiscal Year Ending December 2026 [Japanese GAAP] (Consolidated)

For the cumulative third quarter of the fiscal year ending December 2026, revenue declined 2.4% year on year, while operating profit increased 24.1% and ordinary profit increased 17.8%. Net income attributable to owners of the parent declined 14.2%, and the full-year earnings forecast and annual dividend forecast were unchanged.

Worth reading
51Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
24.1
Year-on-year change in operating profit (%)
Wording
Conditional
How definitive the wording is.

Results for this period

Third quarter1 January 2026 to 30 September 2026ConsolidatedJapanese GAAP
Net Sales7,124Millions of yenYear on year -2.4%Progress 67.8%
Operating profit564Millions of yenYear on year +24.1%Progress 70.5%
Ordinary income554Millions of yenYear on year +17.8%Progress 71.2%
Net income attributable to owners of the parent368Millions of yenYear on year -14.2%Progress 70.2%

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¥112.09
Financial position at period-end
Total assets8,461Millions of yen
of which net assets 5,432 Millions of yenEquity ratio 63.8%vs. prior year-end +0.6pt

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.

Segment revenueDemolition Business 1,551,638 Thousands of yen (YoY -37.7%), Environmental Business 1,734,929 Thousands of yen (YoY +17.7%), Metals Business 3,837,926 Thousands of yen (YoY +15.2%)
Segment profitDemolition Business 249,926 Thousands of yen (YoY +92.4%), Environmental Business 170,159 Thousands of yen (YoY -0.2%), Metals Business 144,255 Thousands of yen (YoY -6.5%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales10,500 Millions of yen (YoY +4.9%)
Operating profit800 Millions of yen (YoY +24.4%)
Ordinary income778 Millions of yen (YoY +17.0%)
Net income524 Millions of yen (YoY -12.4%)
Revision to Earnings ForecastNo
Annual Dividend Forecast32 Yen → 32 Yen(0.0%)
Factors Behind Changes in Business Performance

The Demolition business posted lower revenue as new construction starts declined, but profit increased due in part to a rebound from the large construction costs recorded for specific projects in the same period of the previous year. The Environmental business posted higher revenue due to an increase in iron scrap prices, but operating profit was broadly unchanged due to the reaction to a large project for processing waste containing a high proportion of valuable materials, which occurred in the same period of the previous year. The Metals business posted higher revenue due to increases in iron and copper scrap prices, but profit declined due to a decrease in scrap deliveries from large nearby demolition projects and an increase in deliveries of purchased materials.

Disclosure regarding the going concern assumption

None ("There are no applicable matters")

Change in accounting policy
基準改正に伴う変更 Noneそれ以外の変更 None見積りの変更 None修正再表示 None
Changes in the scope of consolidationNew 0 / Excluded 0 / Company name Not applicable
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets 8,019 Thousands of yen / Extraordinary loss Loss on disposal of fixed assets 0 Thousands of yen
Depreciation and amortization287,247 Thousands of yen
Orders received and order backlogOrders received Not disclosed / Order backlog 1,219,651 Thousands of yen
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable None / Subject person Not disclosed
Issued Shares at Period-End3,427,200
Treasury Shares at Period-End140,292
Results for this period
ItemDetails
Fiscal Period ClassificationThird quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 January 2026 to 30 September 2026
Net Sales7,124 Millions of yen (YoY -2.4%)
Operating profit564 Millions of yen (YoY +24.1%)
Ordinary income554 Millions of yen (YoY +17.8%)
Profit attributable to owners of the parent368 Millions of yen (YoY -14.2%)
Net income per share¥112.09
Equity ratioEnd of the current fiscal period 63.8% / End of previous period 63.2%
Total assets8,461 Millions of yen
Net assets5,432 Millions of yen
Full-year earnings forecastNet Sales 10,500 Millions of yen (YoY +4.9%) / Operating profit 800 Millions of yen (YoY +24.4%) / Ordinary income 778 Millions of yen (YoY +17.0%) / Net income 524 Millions of yen (YoY -12.4%)
Revision to Earnings ForecastNo
Annual Dividend Forecast32 Yen → 32 Yen(0.0%)
Segment revenueDemolition Business 1,551,638 Thousands of yen (YoY -37.7%), Environmental Business 1,734,929 Thousands of yen (YoY +17.7%), Metals Business 3,837,926 Thousands of yen (YoY +15.2%)
Segment profitDemolition Business 249,926 Thousands of yen (YoY +92.4%), Environmental Business 170,159 Thousands of yen (YoY -0.2%), Metals Business 144,255 Thousands of yen (YoY -6.5%)
Orders received and order backlogOrders received Not disclosed / Order backlog 1,219,651 Thousands of yen
Depreciation and amortization287,247 Thousands of yen
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets 8,019 Thousands of yen / Extraordinary loss Loss on disposal of fixed assets 0 Thousands of yen
Disclosure regarding the going concern assumptionNone ("There are no applicable matters")
Change in accounting policyChanges due to revisions to standards None / Other changes None / Change in accounting estimate None / Restatement None
Changes in the scope of consolidationNew 0 / Excluded 0 / Company name Not applicable
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable None / Subject person Not disclosed
Issued Shares at Period-End3,427,200
Treasury Shares at Period-End140,292
Factors Behind Changes in Business PerformanceThe Demolition business posted lower revenue as new construction starts declined, but profit increased due in part to a rebound from the large construction costs recorded for specific projects in the same period of the previous year. The Environmental business posted higher revenue due to an increase in iron scrap prices, but operating profit was broadly unchanged due to the reaction to a large project for processing waste containing a high proportion of valuable materials, which occurred in the same period of the previous year. The Metals business posted higher revenue due to increases in iron and copper scrap prices, but profit declined due to a decrease in scrap deliveries from large nearby demolition projects and an increase in deliveries of purchased materials.
Items this document does not state (10)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodPayout ratioShareholder Return PolicyRegional salesImpairment 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 Demolition business posted lower revenue due to a decrease in new construction starts, but profit increased as a rebound from the large construction costs recorded for specific projects in the same period of the previous year. The Environmental and Metals businesses posted higher revenue due to increases in iron and copper scrap prices, while profit declined in the Environmental business due to the reaction to a large project in the same period of the previous year, and in the Metals business due to a decrease in scrap deliveries from large nearby demolition projects and an increase in deliveries of purchased materials.

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Financial Results for the Third Quarter of the Fiscal Year Ending December 2026 [Japanese GAAP] (Consolidated) | IBOKIN Co.,Ltd. (5699) timely disclosure | Komori