Worth reading
40Recurring
Scored from 4 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
50.4
% (year-on-year change in operating income)Wording
Conditional
How definitive the wording is.Results for this period
Full year1 April 2025–31 March 2026ConsolidatedJapanese GAAPNet Sales331,109Millions of yenYear on year +10.4%Progress 85.6%
Operating profit7,268Millions of yenYear on year +50.4%Progress 59.8%
Ordinary income5,620Millions of yenYear on year +49.9%Progress 49.4%
Net income attributable to owners of the parent3,680Millions of yenYear on year +426.4%Progress 41.6%
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¥93.01
Operating Margin2.2%
Financial position at period-end
Total assets177,864Millions of yen
of which net assets 77,102 Millions of yenEquity ratio 42.9%vs. prior year-end -1.8pt
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+1,867
Investment-5,182
Financials+5,076
Net change+1,761
Stacked from zero: upward is an increase in cash, downward a decrease (in Millions of yen).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 period8,936 Millions of yen
Segment revenueSecondary aluminum alloys 325,308 Millions of yen, Other 5,800 Millions of yen
Segment profitSecondary aluminum alloys 6,697 Millions of yen, Other 566 Millions of yen
Outlook and shareholder returns
Full-year earnings forecast
Net Sales386,700 Millions of yen (YoY +16.8%)
Operating profit12,160 Millions of yen (YoY +67.3%)
Ordinary income11,380 Millions of yen (YoY +102.5%)
Net income8,840 Millions of yen (YoY +140.2%)
Annual Dividend Forecast¥55 → ¥70
Payout ratio59.1
Factors Behind Changes in Business Performance
Firm demand from the automotive and transportation equipment sectors, higher LME prices, solid domestic demand for products and merchandise, and the correction of selling prices and shift in materials overseas.
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 / Excluded 0 / Company name No additions or exclusions
Material subsequent eventsNot applicable.
Impairment lossNo impairment loss was recorded for the fiscal year (shown as “—” in the consolidated income statement).
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets 11 Millions of yen / Extraordinary loss Loss on disposal and sale of non-current assets 168 Millions of yen
Depreciation and amortization3,962 Millions of yen
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (participants not specified)
Issued Shares at Period-End43,629,235 shares
Treasury Shares at Period-End4,056,961 shares
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2025–31 March 2026 |
| Net Sales | 331,109 Millions of yen (YoY +10.4%) |
| Operating profit | 7,268 Millions of yen (YoY +50.4%) |
| Ordinary income | 5,620 Millions of yen (YoY +49.9%) |
| Profit attributable to owners of the parent | 3,680 Millions of yen (YoY +426.4%) |
| Net income per share | ¥93.01 |
| Operating Margin | 2.2% |
| Equity ratio | End of the current fiscal period 42.9 / End of previous period 44.7 |
| Total assets | 177,864 Millions of yen |
| Net assets | 77,102 Millions of yen |
| Cash flows from operating activities | 1,867 Millions of yen |
| Cash flows from investing activities | -5,182 Millions of yen |
| Cash flows from financing activities | 5,076 Millions of yen |
| Cash and cash equivalents at end of period | 8,936 Millions of yen |
| Full-year earnings forecast | Net Sales 386,700 Millions of yen (YoY +16.8%) / Operating profit 12,160 Millions of yen (YoY +67.3%) / Ordinary income 11,380 Millions of yen (YoY +102.5%) / Net income 8,840 Millions of yen (YoY +140.2%) |
| Annual Dividend Forecast | ¥55 → ¥70 |
| Payout ratio | 59.1 |
| Segment revenue | Secondary aluminum alloys 325,308 Millions of yen, Other 5,800 Millions of yen |
| Segment profit | Secondary aluminum alloys 6,697 Millions of yen, Other 566 Millions of yen |
| Depreciation and amortization | 3,962 Millions of yen |
| Impairment loss | No impairment loss was recorded for the fiscal year (shown as “—” in the consolidated income statement). |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets 11 Millions of yen / Extraordinary loss Loss on disposal and sale of non-current assets 168 Millions of yen |
| 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 / Excluded 0 / Company name No additions or exclusions |
| Material subsequent events | Not applicable. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Available (participants not specified) |
| Issued Shares at Period-End | 43,629,235 shares |
| Treasury Shares at Period-End | 4,056,961 shares |
| Factors Behind Changes in Business Performance | Firm demand from the automotive and transportation equipment sectors, higher LME prices, solid domestic demand for products and merchandise, and the correction of selling prices and shift in materials overseas. |
Items this document does not state (4)
Revision to Earnings ForecastShareholder Return PolicyRegional salesOrders received and order backlog
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.Demand from major customers in the automotive and transportation equipment sectors remained firm, while higher LME prices drove an increase in net sales. On the earnings side, the recovery in profitability was driven by solid domestic demand, as well as the correction of selling prices and the shift in materials overseas.
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.