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
-41.8
Year-on-year change in operating profit (%)Wording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)2024年1月1日〜2024年6月30日ConsolidatedJapanese GAAPNet Sales22,486¥ millionYear on year -0.2%Progress 48.9%
Operating profit857¥ millionYear on year -41.8%Progress 34.3%
Ordinary income1,143¥ millionYear on year -29.0%Progress 45.7%
Net income attributable to owners of the parent1,921¥ millionYear on year +71.6%Progress 64.0%
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 share157円69銭
Financial position at period-end
Total assets41,510¥ million
of which net assets 26,562 ¥ millionEquity ratio 62.8%vs. prior year-end +1.0pt
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+1,151
Investment+306
Financials-803
Net change+654
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).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¥7,520 million
Segment revenueJapan ¥12,265 million (YoY -3.2%), Europe and North America ¥6,881 million (YoY +9.2%), Asia (excluding Japan) ¥3,340 million (YoY -6.5%)
Segment profitJapan ¥699 million (YoY -15.5%), Europe and North America ¥-95 million, Asia (excluding Japan) ¥282 million (YoY -34.5%)
Regional sales¥12,265 million (YoY -3.2%), ¥6,881 million (YoY +9.2%), ¥3,340 million (YoY -6.5%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥46,000 million (YoY +2.8%)
Operating profit¥2,500 million (YoY +1.1%)
Ordinary income¥2,500 million (YoY -1.3%)
Net income¥3,000 million (YoY +51.2%)
Annual Dividend Forecast¥41 → ¥62（+51.2%）
Factors Behind Changes in Business Performance
自動車関連市場の需要増加や円安による売上増加、電線市場の需要逼迫があった一方、顧客の在庫調整による需要減少、中国市場の低迷、原材料価格の高騰、北米市場のペソ高による為替変動、メキシコ工場の生産性悪化が業績に影響しました。また、旧本社土地の売却益を特別利益に計上しました。
Disclosure regarding the going concern assumption
No applicable matters (There are 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
Changes in the scope of consolidationNew 0 / Excluded 1 / Company name 恵州市鈞星工貿有限公司
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥1,664,494 thousand / Extraordinary loss Losses on disposal of fixed assets ¥836 thousand, Head office relocation costs ¥21,215 thousand
Depreciation and amortization¥470 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable Yes / Subject person Institutional investors and analysts
Issued Shares at Period-End12,558,251
Treasury Shares at Period-End371,588
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 2024年1月1日〜2024年6月30日 |
| Net Sales | ¥22,486 million (YoY -0.2%) |
| Operating profit | ¥857 million (YoY -41.8%) |
| Ordinary income | ¥1,143 million (YoY -29.0%) |
| Profit attributable to owners of the parent | ¥1,921 million (YoY +71.6%) |
| Net income per share | 157円69銭 |
| Equity ratio | End of the current fiscal period 62.8% / End of previous period 61.8% |
| Total assets | ¥41,510 million |
| Net assets | ¥26,562 million |
| Cash flows from operating activities | ¥1,151 million |
| Cash flows from investing activities | ¥306 million |
| Cash flows from financing activities | ¥-803 million |
| Cash and cash equivalents at end of period | ¥7,520 million |
| Full-year earnings forecast | Net Sales ¥46,000 million (YoY +2.8%) / Operating profit ¥2,500 million (YoY +1.1%) / Ordinary income ¥2,500 million (YoY -1.3%) / Net income ¥3,000 million (YoY +51.2%) |
| Annual Dividend Forecast | ¥41 → ¥62（+51.2%） |
| Segment revenue | Japan ¥12,265 million (YoY -3.2%), Europe and North America ¥6,881 million (YoY +9.2%), Asia (excluding Japan) ¥3,340 million (YoY -6.5%) |
| Segment profit | Japan ¥699 million (YoY -15.5%), Europe and North America ¥-95 million, Asia (excluding Japan) ¥282 million (YoY -34.5%) |
| Regional sales | ¥12,265 million (YoY -3.2%), ¥6,881 million (YoY +9.2%), ¥3,340 million (YoY -6.5%) |
| Depreciation and amortization | ¥470 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥1,664,494 thousand / Extraordinary loss Losses on disposal of fixed assets ¥836 thousand, Head office relocation costs ¥21,215 thousand |
| Disclosure regarding the going concern assumption | No applicable matters (There are no applicable matters.) |
| 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 1 / Company name 恵州市鈞星工貿有限公司 |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Whether applicable Yes / Subject person Institutional investors and analysts |
| Issued Shares at Period-End | 12,558,251 |
| Treasury Shares at Period-End | 371,588 |
| Factors Behind Changes in Business Performance | 自動車関連市場の需要増加や円安による売上増加、電線市場の需要逼迫があった一方、顧客の在庫調整による需要減少、中国市場の低迷、原材料価格の高騰、北米市場のペソ高による為替変動、メキシコ工場の生産性悪化が業績に影響しました。また、旧本社土地の売却益を特別利益に計上しました。 |
Items this document does not state (7)
Operating MarginRevision to Earnings ForecastPayout ratioShareholder Return PolicyOrders received and order backlogImpairment 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.顧客の在庫調整による需要減少、北米市場におけるペソ高による為替変動、メキシコ工場の生産性悪化が利益を圧迫した一方、旧本社の土地売却益を特別利益に計上したため親会社株主に帰属する中間純利益は増加しました。
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.