Komori
Earnings5704JMC CorporationIron & Steel, Nonferrous Metals

Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending December 2026 [Japanese GAAP] (Non-consolidated)

For the interim period, net sales decreased 8.8% year on year, while operating income, ordinary income and interim net income all swung from losses to profits. The full-year earnings and dividend forecasts remain unchanged.

Worth reading
53Recurring
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
8.8
% (year-on-year decline in revenue)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 January 2026–30 June 2026Non-consolidated (standalone)Japanese GAAP
Net Sales1,309¥ millionYear on year -8.8%Progress 43.3%
Operating profit29¥ millionProgress 14.1%
Ordinary income34¥ millionProgress 17.1%
Net income attributable to owners of the parent25¥ millionProgress 18.9%

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¥4.54
Financial position at period-end
Total assets2,656¥ million
of which net assets 1,676 ¥ millionEquity ratio 63.1%vs. prior year-end +5.6pt

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.

Cash inflows and outflows
Operating+386,236
Investment-43,511
Financials-203,274
Net change+139,451

Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ thousand).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¥564,455 thousand
Segment revenue3D printer business ¥329,648 thousand (YoY +8.5%), Foundry Business ¥826,069 thousand (YoY -8.7%), CT Business ¥153,837 thousand (YoY -32.3%)
Segment profit3D printer business ¥91,993 thousand (YoY +37.5%), Foundry Business ¥70,972 thousand, CT Business ¥109,273 thousand (YoY -32.8%)
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
Annual Dividend Forecast¥0 → ¥0
Factors Behind Changes in Business Performance

The 3D Printer Business reported higher sales and profit due to strengthening its workforce, capturing customer needs and winning a diverse range of projects. The Casting Business faced difficulties on the profit front because of a decrease in total orders resulting from delays in customer projects and demand for larger, thinner-walled and higher-strength products, but recovered as a result of establishing a quality control system and reducing fixed costs following the impairment loss recorded in the previous fiscal year. The CT Business reported lower sales and profit because it was unable to identify large-scale scanning needs and had no CT equipment sales comparable to those recorded in the previous year. Overall, the Company worked to secure raw materials and other supplies, negotiate costs with customers and selectively invest in equipment, but the resulting effects were limited relative to expectations.

Disclosure regarding the going concern assumption

No applicable matters

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 No recognition / Extraordinary loss Loss on Disposal of Fixed Assets ¥2,714 thousand
Depreciation and amortization¥99,893 thousand
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (for institutional investors and analysts)
Issued Shares at Period-End5,598,500
Treasury Shares at Period-End34,151
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedNon-consolidated (standalone)
Period Covered1 January 2026–30 June 2026
Net Sales¥1,309 million (YoY -8.8%)
Operating profit¥29 million
Ordinary income¥34 million
Profit attributable to owners of the parent¥25 million
Net income per share¥4.54
Equity ratioEnd of the current fiscal period 63.1 / End of previous period 57.5
Total assets¥2,656 million
Net assets¥1,676 million
Cash flows from operating activities¥386,236 thousand
Cash flows from investing activities¥-43,511 thousand
Cash flows from financing activities¥-203,274 thousand
Cash and cash equivalents at end of period¥564,455 thousand
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
Annual Dividend Forecast¥0 → ¥0
Segment revenue3D printer business ¥329,648 thousand (YoY +8.5%), Foundry Business ¥826,069 thousand (YoY -8.7%), CT Business ¥153,837 thousand (YoY -32.3%)
Segment profit3D printer business ¥91,993 thousand (YoY +37.5%), Foundry Business ¥70,972 thousand, CT Business ¥109,273 thousand (YoY -32.8%)
Depreciation and amortization¥99,893 thousand
Breakdown of extraordinary income (loss)Extraordinary income No recognition / Extraordinary loss Loss on Disposal of Fixed Assets ¥2,714 thousand
Disclosure regarding the going concern assumptionNo applicable matters
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 MaterialsYes
Availability of Financial Results BriefingAvailable (for institutional investors and analysts)
Issued Shares at Period-End5,598,500
Treasury Shares at Period-End34,151
Factors Behind Changes in Business PerformanceThe 3D Printer Business reported higher sales and profit due to strengthening its workforce, capturing customer needs and winning a diverse range of projects. The Casting Business faced difficulties on the profit front because of a decrease in total orders resulting from delays in customer projects and demand for larger, thinner-walled and higher-strength products, but recovered as a result of establishing a quality control system and reducing fixed costs following the impairment loss recorded in the previous fiscal year. The CT Business reported lower sales and profit because it was unable to identify large-scale scanning needs and had no CT equipment sales comparable to those recorded in the previous year. Overall, the Company worked to secure raw materials and other supplies, negotiate costs with customers and selectively invest in equipment, but the resulting effects were limited relative to expectations.
Items this document does not state (9)
Operating MarginRevision to Earnings ForecastPayout 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.

Amid the yen's depreciation trend in the foreign exchange market, higher manufacturing costs due to geopolitical risks, and concerns over material procurement and logistics, net sales declined due to a decrease in total orders resulting from delays in the progress of customer projects and the absence of recorded CT equipment sales. Profit improved as a result of securing raw materials and other supplies, negotiating costs with customers, selectively investing in equipment, and reducing fixed costs following the impairment loss recorded for the fiscal year ended December 2025.

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Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending December 2026 [Japanese GAAP] (Non-consolidated) | JMC Corporation (5704) timely disclosure | Komori