Komori
Revision of earnings forecasts5943NORITZ CORPORATIONConstruction and Materials

Notice Regarding Differences Between Consolidated Earnings Forecast and Actual Results for the Second Quarter (Interim Period)

Actual results for the second quarter (interim period) of the fiscal year ending December 2026 exceeded the forecast announced on 10 February. Although net sales increased by only 0.8%, operating profit exceeded the forecast by ¥1,454 million, while ordinary profit and interim net income also increased.

Worth reading
72In focus
Scored from 4 of 5 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
1454
¥ million
Wording
Avoiding a definitive answer
How definitive the wording is.

Revised forecast

Fiscal year ending December 2026 · Second quarter (interim period)Previous forecast published 10 February 2026
Net Sales98,800→99,566million
+0.8%
Operating profit380→1,834million
+382.6%
Ordinary income930→2,020million
+117.3%
Profit attributable to owners of the parent2,648→4,996million
+88.7%
Net income per share57.91→109.28yen
+88.7%

The bar length represents the relative magnitude of change, based on the item that changed the most in this document. The percentage change shown by the dotted line is calculated from the two reported figures because the company did not provide the rate.

Reason for the revision

In the domestic business, unit sales increased, mainly due to the effects of measures to expand market share in the hot-water heating and air-conditioning sector, resulting in a significant increase in operating profit. In the overseas business, operating profit deteriorated as weak market conditions in China continued, but the improvement in the domestic business was greater.

Previous-period resultsNet sales: ¥98,523 million; operating profit: ¥1,658 million; ordinary profit: ¥2,236 million; interim net income attributable to owners of the parent: ¥1,204 million; interim net income per share: ¥26.18
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net Sales¥98,800 million → ¥99,566 million(+0.8%)
Operating profit¥380 million → ¥1,834 million(+382.6%)
Ordinary income¥930 million → ¥2,020 million(+117.3%)
Profit attributable to owners of the parent¥2,648 million → ¥4,996 million(+88.7%)
Net income per share57.91 yen → 109.28 yen
Fiscal Period CoveredFiscal year ending December 2026
Period CoveredSecond quarter (interim period)
Publication date of previous forecast10 February 2026
Previous-period resultsNet sales: ¥98,523 million; operating profit: ¥1,658 million; ordinary profit: ¥2,236 million; interim net income attributable to owners of the parent: ¥1,204 million; interim net income per share: ¥26.18
Reason for the revisionIn the domestic business, unit sales increased, mainly due to the effects of measures to expand market share in the hot-water heating and air-conditioning sector, resulting in a significant increase in operating profit. In the overseas business, operating profit deteriorated as weak market conditions in China continued, but the improvement in the domestic business was greater.
Consolidated / non-consolidatedConsolidated
Items this document does not state (2)
Details and amount of extraordinary lossDividend forecast revision

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.

In the domestic business, unit sales increased, mainly due to the effects of measures to expand market share in the hot-water heating and air-conditioning sector, resulting in a significant increase in operating profit. In the overseas business, operating profit deteriorated as weak market conditions in China continued, but the improvement in the domestic business was greater. In light of the uncertain outlook for the economic environment in China, the full-year operating profit forecast remains unchanged.

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.
Notice Regarding Differences Between Consolidated Earnings Forecast and Actual Results for the Second Quarter (Interim Period) | NORITZ CORPORATION (5943) timely disclosure | Komori