Komori
Earnings5936TOYO SHUTTER CO.,LTD.Construction and Materials

Financial Results Summary for the Fiscal Year Ending March 2027: Second Quarter (Interim Period) [Japanese GAAP] (Consolidated)

For the interim period of the fiscal year ending March 2027, revenue decreased 7.8% year on year and operating profit decreased 45.4%, resulting in lower revenue and profit. The full-year earnings forecast remains unchanged, while the annual dividend forecast has been changed from ¥42, the previous fiscal year's actual dividend, to ¥43.

Worth reading
50Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Deterioration
Direction inferred from the company’s description.
Scale
-45.4
Year-on-year change in operating income (%)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAP
Net Sales9,357¥ millionYear on year -7.8%Progress 42.5%
Operating profit206¥ millionYear on year -45.4%Progress 15.6%
Ordinary income160¥ millionYear on year -50.8%Progress 13.0%
Net income attributable to owners of the parent87¥ millionYear on year -56.5%Progress 10.9%

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¥13.75
Financial position at period-end
Total assets17,664¥ million
of which net assets 10,282 ¥ millionEquity ratio 58.2%vs. prior year-end +0.4pt

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+1,190
Investment-222
Financials-509
Net change+459

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¥3,566 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥22,000 million (YoY +2.5%)
Operating profit¥1,320 million (YoY +5.6%)
Ordinary income¥1,230 million (YoY +4.3%)
Net income¥800 million (YoY -3.6%)
Annual Dividend Forecast¥42 → ¥43
Factors Behind Changes in Business Performance

While personal consumption and capital investment showed signs of recovery, the highly competitive environment continued due to the declining trend in floor area of non-residential construction starts, intensifying competition for orders for medium- and large-scale projects, and labor shortages. Although order intake increased 4.1% year on year, revenue decreased 7.8% and operating profit decreased 45.4%.

Disclosure regarding the going concern assumption

Not applicable

Change in accounting policy
基準改正に伴う変更 Noneそれ以外の変更 None見積りの変更 None修正再表示 None
Changes in the scope of consolidationNew 0 companies / Excluded 0 companies / Company name Not disclosed
Depreciation and amortization¥223 million
Orders received and order backlogOrders received ¥10,550 million (YoY +4.1%) / Order backlog Not disclosed
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingNone (対象者:Not disclosed)
Issued Shares at Period-End6,387,123 Shares
Treasury Shares at Period-End55,255 Shares
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 September 2026
Net Sales¥9,357 million (YoY -7.8%)
Operating profit¥206 million (YoY -45.4%)
Ordinary income¥160 million (YoY -50.8%)
Profit attributable to owners of the parent¥87 million (YoY -56.5%)
Net income per share¥13.75
Equity ratioEnd of the current fiscal period 58.2 / End of previous period 57.8
Total assets¥17,664 million
Net assets¥10,282 million
Cash flows from operating activities¥1,190 million
Cash flows from investing activities¥-222 million
Cash flows from financing activities¥-509 million
Cash and cash equivalents at end of period¥3,566 million
Full-year earnings forecastNet Sales ¥22,000 million (YoY +2.5%) / Operating profit ¥1,320 million (YoY +5.6%) / Ordinary income ¥1,230 million (YoY +4.3%) / Net income ¥800 million (YoY -3.6%)
Annual Dividend Forecast¥42 → ¥43
Orders received and order backlogOrders received ¥10,550 million (YoY +4.1%) / Order backlog Not disclosed
Depreciation and amortization¥223 million
Disclosure regarding the going concern assumptionNot applicable
Change in accounting policyChanges due to revisions to standards None / Other changes None / Change in accounting estimate None / Restatement None
Changes in the scope of consolidationNew 0 companies / Excluded 0 companies / Company name Not disclosed
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingNone (対象者:Not disclosed)
Issued Shares at Period-End6,387,123 Shares
Treasury Shares at Period-End55,255 Shares
Factors Behind Changes in Business PerformanceWhile personal consumption and capital investment showed signs of recovery, the highly competitive environment continued due to the declining trend in floor area of non-residential construction starts, intensifying competition for orders for medium- and large-scale projects, and labor shortages. Although order intake increased 4.1% year on year, revenue decreased 7.8% and operating profit decreased 45.4%.
Items this document does not state (10)
Operating MarginRevision to Earnings ForecastPayout ratioShareholder Return PolicySegment revenueSegment profitRegional salesImpairment lossBreakdown of extraordinary income (loss)Material 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 explained that the highly competitive environment continued due to the declining trend in floor area of non-residential construction starts, intensifying competition for orders for medium- and large-scale projects, and labor shortages. It also stated that the economic outlook remains uncertain due to factors including the situation in the Middle East.

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.
Financial Results Summary for the Fiscal Year Ending March 2027: Second Quarter (Interim Period) [Japanese GAAP] (Consolidated) | TOYO SHUTTER CO.,LTD. (5936) timely disclosure | Komori