Komori
Earnings5967TONE CO.,LTD.Construction and Materials

First-Quarter Financial Results for the Fiscal Year Ending May 2027 (Japanese GAAP) (Consolidated)

In the first quarter, revenue exceeded the year-earlier period, while operating income, ordinary income and quarterly net income attributable to owners of the parent all declined. The full-year earnings forecast and annual dividend forecast remain unchanged from the previous forecasts.

Worth reading
36Immaterial
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
41.6
Year-on-year change in operating profit (%)
Wording
Conditional
How definitive the wording is.

Results for this period

First quarter1 June 2026–31 August 2026ConsolidatedJapanese GAAP
Net Sales1,554¥ millionYear on year +9.2%Progress 18.1%
Operating profit105¥ millionYear on year -41.6%Progress 7.0%
Ordinary income167¥ millionYear on year -27.4%Progress 10.4%
Net income attributable to owners of the parent101¥ millionYear on year -33.2%Progress 9.2%

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¥4.67
Financial position at period-end
Total assets17,513¥ million
of which net assets 12,645 ¥ millionEquity ratio 72.2%vs. prior year-end +2.3pt

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.

Segment revenueDomestic ¥1,256,670 thousand (YoY +17.2%), Overseas expansion ¥298,179 thousand (YoY -15.2%)
Segment profitDomestic ¥5,976 thousand (YoY -85.4%), Overseas expansion ¥99,911 thousand (YoY -28.8%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥8,600 million (YoY +9.4%)
Operating profit¥1,500 million (YoY +10.0%)
Ordinary income¥1,600 million (YoY +8.6%)
Net income¥1,100 million (YoY +0.9%)
Revision to Earnings ForecastNo revision
Annual Dividend Forecast¥13 → ¥13(0.0%)
Factors Behind Changes in Business Performance

Revenue from hand tools in Japan increased due to product ranges, sales promotions, the expansion of sales channels, trade show participation and branding activities. Revenue from equipment in Japan declined as construction demand weakened because of surging material costs and labor shortages. Revenue from overseas hand tools declined amid the economic downturn in East Asia. Revenue from overseas equipment increased on construction demand in North America and proposal-based sales of torque management equipment.

Disclosure regarding the going concern assumption

Not applicable.

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 companies / Excluded 0 companies / Company name None
Material subsequent eventsNot applicable.
Depreciation and amortization¥30,536 thousand
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End23,426,000 shares
Treasury Shares at Period-End778,778 treasury shares
Results for this period
ItemDetails
Fiscal Period ClassificationFirst quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 June 2026–31 August 2026
Net Sales¥1,554 million (YoY +9.2%)
Operating profit¥105 million (YoY -41.6%)
Ordinary income¥167 million (YoY -27.4%)
Profit attributable to owners of the parent¥101 million (YoY -33.2%)
Net income per share¥4.67
Equity ratioEnd of the current fiscal period 72.2 / End of previous period 69.9
Total assets¥17,513 million
Net assets¥12,645 million
Full-year earnings forecastNet Sales ¥8,600 million (YoY +9.4%) / Operating profit ¥1,500 million (YoY +10.0%) / Ordinary income ¥1,600 million (YoY +8.6%) / Net income ¥1,100 million (YoY +0.9%)
Revision to Earnings ForecastNo revision
Annual Dividend Forecast¥13 → ¥13(0.0%)
Segment revenueDomestic ¥1,256,670 thousand (YoY +17.2%), Overseas expansion ¥298,179 thousand (YoY -15.2%)
Segment profitDomestic ¥5,976 thousand (YoY -85.4%), Overseas expansion ¥99,911 thousand (YoY -28.8%)
Depreciation and amortization¥30,536 thousand
Disclosure regarding the going concern assumptionNot applicable.
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No
Changes in the scope of consolidationNew 0 companies / Excluded 0 companies / Company name None
Material subsequent eventsNot applicable.
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End23,426,000 shares
Treasury Shares at Period-End778,778 treasury shares
Factors Behind Changes in Business PerformanceRevenue from hand tools in Japan increased due to product ranges, sales promotions, the expansion of sales channels, trade show participation and branding activities. Revenue from equipment in Japan declined as construction demand weakened because of surging material costs and labor shortages. Revenue from overseas hand tools declined amid the economic downturn in East Asia. Revenue from overseas equipment increased on construction demand in North America and proposal-based sales of torque management equipment.
Items this document does not state (11)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogImpairment lossBreakdown of extraordinary income (loss)

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 Japan, revenue from hand tools increased due to product proposals and the expansion of sales channels, while revenue from equipment declined as construction demand weakened because of surging material costs and labor shortages. Overseas, revenue from hand tools declined amid the economic downturn in East Asia, while revenue from equipment increased on construction demand in North America and proposal-based sales of torque management equipment.

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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
First-Quarter Financial Results for the Fiscal Year Ending May 2027 (Japanese GAAP) (Consolidated) | TONE CO.,LTD. (5967) timely disclosure | Komori