Worth reading
63In focus
Scored from 4 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
38.4
%Wording
Conditional
How definitive the wording is.Results for this period
First quarter1 April 2026 to 30 June 2026ConsolidatedJapanese GAAPNet Sales597,005¥ millionYear on year +38.4%
Operating profit32,994¥ million
Ordinary income51,902¥ million
Net income attributable to owners of the parent51,284¥ million
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.
Financial position at period-end
Total assets2,940,124¥ million
of which net assets 792,919 ¥ million
The shaded area represents net assets as a proportion of total assets. It is calculated from the two amounts reported by the company.
Segment revenueSegment Materials domain / Current fiscal year ¥457,227 million / Prior-year period ¥319,632 million / Year-on-year (%) 42.2, Segment Products domain (cemented carbide products business) / Current fiscal year ¥43,736 million / Prior-year period ¥33,206 million / Year-on-year (%) 32.6, Segment Products domain (advanced-function products business) / Current fiscal year ¥68,968 million / Prior-year period ¥50,311 million / Year-on-year (%) 31.4, Segment Resources Business / Current fiscal year Not disclosed / Prior-year period Not disclosed / Year-on-year (%) Not disclosed, Segment Renewable energy business / Current fiscal year ¥2,111 million / Prior-year period ¥1,380 million / Year-on-year (%) 53.5, Segment Other Businesses / Current fiscal year ¥24,961 million / Prior-year period ¥26,872 million / Year-on-year (%) -7
Segment profitSegment Materials domain / Current fiscal year ¥26,063 million / Prior-year period ¥-6,653 million / Year-on-year (%) Not disclosed, Segment Products domain (cemented carbide products business) / Current fiscal year ¥8,582 million / Prior-year period ¥3,138 million / Year-on-year (%) 167.2, Segment Products domain (advanced-function products business) / Current fiscal year ¥3,485 million / Prior-year period ¥436 million / Year-on-year (%) 503, Segment Resources Business / Current fiscal year ¥14,026 million / Prior-year period ¥1,959 million / Year-on-year (%) 616, Segment Renewable energy business / Current fiscal year ¥1,059 million / Prior-year period ¥104 million / Year-on-year (%) 126.1, Segment Other Businesses / Current fiscal year ¥3,892 million / Prior-year period ¥3,944 million / Year-on-year (%) -1.3
Factors Behind Changes in Business Performance
Higher prices for major metals, the ongoing depreciation of the yen, signs of a recovery in automotive and semiconductor-related demand, expanding demand for AI-related products, and the impact of the Appi Geothermal Power Plant, which had suspended operations following a lightning strike in the same period of the previous year.
Disclosure regarding the going concern assumption
No applicable matters.
Material subsequent eventsOn 24 July 2026, the company issued euro-yen denominated convertible bonds with stock acquisition rights subject to call provisions, due in 2030 and 2032, and completed payment for the bonds. The principal amount is ¥35 billion for each issue, and the approximately ¥70 billion in proceeds is planned to be allocated to growth investments centered on the resource-circulation business.
Impairment loss¥54 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on revision of retirement benefit plans ¥11,033 million, Other ¥714 million / Extraordinary loss Impairment Losses ¥54 million, Other ¥34 million
Depreciation and amortization¥11,383 million
Availability of Supplementary Financial Results MaterialsYes
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 June 2026 |
| Net Sales | ¥597,005 million (YoY +38.4%) |
| Operating profit | ¥32,994 million |
| Ordinary income | ¥51,902 million |
| Profit attributable to owners of the parent | ¥51,284 million |
| Total assets | ¥2,940,124 million |
| Net assets | ¥792,919 million |
| Segment revenue | Segment Materials domain / Current fiscal year ¥457,227 million / Prior-year period ¥319,632 million / Year-on-year (%) 42.2, Segment Products domain (cemented carbide products business) / Current fiscal year ¥43,736 million / Prior-year period ¥33,206 million / Year-on-year (%) 32.6, Segment Products domain (advanced-function products business) / Current fiscal year ¥68,968 million / Prior-year period ¥50,311 million / Year-on-year (%) 31.4, Segment Resources Business / Current fiscal year Not disclosed / Prior-year period Not disclosed / Year-on-year (%) Not disclosed, Segment Renewable energy business / Current fiscal year ¥2,111 million / Prior-year period ¥1,380 million / Year-on-year (%) 53.5, Segment Other Businesses / Current fiscal year ¥24,961 million / Prior-year period ¥26,872 million / Year-on-year (%) -7 |
| Segment profit | Segment Materials domain / Current fiscal year ¥26,063 million / Prior-year period ¥-6,653 million / Year-on-year (%) Not disclosed, Segment Products domain (cemented carbide products business) / Current fiscal year ¥8,582 million / Prior-year period ¥3,138 million / Year-on-year (%) 167.2, Segment Products domain (advanced-function products business) / Current fiscal year ¥3,485 million / Prior-year period ¥436 million / Year-on-year (%) 503, Segment Resources Business / Current fiscal year ¥14,026 million / Prior-year period ¥1,959 million / Year-on-year (%) 616, Segment Renewable energy business / Current fiscal year ¥1,059 million / Prior-year period ¥104 million / Year-on-year (%) 126.1, Segment Other Businesses / Current fiscal year ¥3,892 million / Prior-year period ¥3,944 million / Year-on-year (%) -1.3 |
| Depreciation and amortization | ¥11,383 million |
| Impairment loss | ¥54 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on revision of retirement benefit plans ¥11,033 million, Other ¥714 million / Extraordinary loss Impairment Losses ¥54 million, Other ¥34 million |
| Disclosure regarding the going concern assumption | No applicable matters. |
| Material subsequent events | On 24 July 2026, the company issued euro-yen denominated convertible bonds with stock acquisition rights subject to call provisions, due in 2030 and 2032, and completed payment for the bonds. The principal amount is ¥35 billion for each issue, and the approximately ¥70 billion in proceeds is planned to be allocated to growth investments centered on the resource-circulation business. |
| Availability of Supplementary Financial Results Materials | Yes |
| Factors Behind Changes in Business Performance | Higher prices for major metals, the ongoing depreciation of the yen, signs of a recovery in automotive and semiconductor-related demand, expanding demand for AI-related products, and the impact of the Appi Geothermal Power Plant, which had suspended operations following a lightning strike in the same period of the previous year. |
Items this document does not state (19)
Net income per shareOperating MarginEquity ratioCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodFull-year earnings forecastRevision to Earnings ForecastAnnual Dividend ForecastPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogChange in accounting policyChanges in the scope of consolidationAvailability of Financial Results BriefingIssued Shares at Period-EndTreasury Shares at Period-End
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 cited signs of a recovery in automotive and semiconductor-related demand, the ongoing depreciation of the yen, and higher metal prices, together with expanding demand for AI-related products and the operating status of the Appi Geothermal Power Plant, which had suspended operations following a lightning strike in the same period of the previous year, as factors contributing to the increase in results. The company also recorded a ¥11.033 billion gain on the revision of its retirement benefit plan as extraordinary income.
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.