Komori
Earnings5704JMC CorporationIron and steel and non-ferrous metals

Summary of Financial Results for the First Quarter of the Fiscal Year Ending December 2026 [Japanese GAAP] (Non-Consolidated)

In the first quarter, revenue decreased 3.8% year on year, while operating profit increased 129.9% and net income for the quarter increased 212.0%. The full-year earnings forecast and annual dividend forecast remain unchanged, with the annual dividend forecast maintained at ¥0.

Worth reading
47Recurring
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
56.241
Millions of yen (year-on-year increase in operating profit)
Wording
Conditional
How definitive the wording is.

Results for this period

First quarter1 January 2026–31 March 2026Non-consolidated (standalone)Japanese GAAP
Net Sales736¥ millionYear on year -3.8%Progress 24.4%
Operating profit99¥ millionYear on year +129.9%Progress 48.3%
Ordinary income105¥ millionYear on year +160.9%Progress 52.8%
Net income attributable to owners of the parent79¥ millionYear on year +212.0%Progress 59.8%

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¥14.23
Financial position at period-end
Total assets2,843¥ million
of which net assets 1,726 ¥ millionEquity ratio 60.7%vs. prior year-end +3.2pt

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 revenue3D printer business ¥168,639 thousand (YoY -1.5%), Foundry Business ¥464,131 thousand (YoY +3.6%), CT Business ¥103,578 thousand (YoY -28.9%)
Segment profit3D printer business ¥52,875 thousand (YoY +2.5%), Foundry Business ¥83,441 thousand, CT Business ¥81,554 thousand (YoY -28.6%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥3,020 million (YoY -6.3%)
Operating profit¥205 million (YoY +97.9%)
Ordinary income¥199 million (YoY +96.6%)
Net income¥132 million
Revision to Earnings ForecastNone
Annual Dividend Forecast¥0 → ¥0
Factors Behind Changes in Business Performance

The impact of rising manufacturing costs was mitigated through the establishment of a quality control system, securing raw materials and other supplies, cost negotiations with customers, and efficient manufacturing and business operations. In the casting business, the results of establishing the quality control system and a decrease in fixed costs resulting from the impairment loss recognized in the previous fiscal year contributed to performance. In the CT business, the absence of CT equipment sales recorded in the same period of the previous year and other factors led to the decline in revenue and profit.

Disclosure regarding the going concern assumption

A description of significant events and other matters is included. The company reports a ¥1,319,409 thousand impairment loss on fixed assets in the previous fiscal year, a material net loss for the current fiscal year, and a breach of financial covenants. However, taking into account the consent of financial institutions and available financing facilities, it has determined that there is no material uncertainty regarding the going concern assumption. There are no applicable matters to disclose in the notes on the going concern assumption.

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
Breakdown of extraordinary income (loss)Extraordinary income None / Extraordinary loss Loss on Disposal of Fixed Assets ¥1,823 thousand
Depreciation and amortization¥49,530 thousand
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End5,598,500 Shares
Treasury Shares at Period-End45,050 Shares
Results for this period
ItemDetails
Fiscal Period ClassificationFirst quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedNon-consolidated (standalone)
Period Covered1 January 2026–31 March 2026
Net Sales¥736 million (YoY -3.8%)
Operating profit¥99 million (YoY +129.9%)
Ordinary income¥105 million (YoY +160.9%)
Profit attributable to owners of the parent¥79 million (YoY +212.0%)
Net income per share¥14.23
Equity ratioEnd of the current fiscal period 60.7 / End of previous period 57.5
Total assets¥2,843 million
Net assets¥1,726 million
Full-year earnings forecastNet Sales ¥3,020 million (YoY -6.3%) / Operating profit ¥205 million (YoY +97.9%) / Ordinary income ¥199 million (YoY +96.6%) / Net income ¥132 million
Revision to Earnings ForecastNone
Annual Dividend Forecast¥0 → ¥0
Segment revenue3D printer business ¥168,639 thousand (YoY -1.5%), Foundry Business ¥464,131 thousand (YoY +3.6%), CT Business ¥103,578 thousand (YoY -28.9%)
Segment profit3D printer business ¥52,875 thousand (YoY +2.5%), Foundry Business ¥83,441 thousand, CT Business ¥81,554 thousand (YoY -28.6%)
Depreciation and amortization¥49,530 thousand
Breakdown of extraordinary income (loss)Extraordinary income None / Extraordinary loss Loss on Disposal of Fixed Assets ¥1,823 thousand
Disclosure regarding the going concern assumptionA description of significant events and other matters is included. The company reports a ¥1,319,409 thousand impairment loss on fixed assets in the previous fiscal year, a material net loss for the current fiscal year, and a breach of financial covenants. However, taking into account the consent of financial institutions and available financing facilities, it has determined that there is no material uncertainty regarding the going concern assumption. There are no applicable matters to disclose in the notes on the going concern assumption.
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End5,598,500 Shares
Treasury Shares at Period-End45,050 Shares
Factors Behind Changes in Business PerformanceThe impact of rising manufacturing costs was mitigated through the establishment of a quality control system, securing raw materials and other supplies, cost negotiations with customers, and efficient manufacturing and business operations. In the casting business, the results of establishing the quality control system and a decrease in fixed costs resulting from the impairment loss recognized in the previous fiscal year contributed to performance. In the CT business, the absence of CT equipment sales recorded in the same period of the previous year and other factors led to the decline in revenue and profit.
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 periodPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogImpairment lossChanges in the scope of consolidationMaterial 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 company states that it mitigated the impact of rising manufacturing costs by establishing a quality control system, securing raw materials, manufacturing auxiliary materials and parts, negotiating costs with customers, and operating its manufacturing and business activities efficiently. In the casting business, the results of establishing the quality control system and a decrease in fixed costs resulting from the impairment loss recognized in the previous fiscal year contributed to performance. In the CT business, revenue and profit declined due in part to the absence of CT equipment sales recorded in the same period of the previous year.

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Summary of Financial Results for the First Quarter of the Fiscal Year Ending December 2026 [Japanese GAAP] (Non-Consolidated) | JMC Corporation (5704) timely disclosure | Komori