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Earnings5971KYOWAKOGYOSYO CO.,LTD.Construction and Materials

First Quarter Financial Results for the Fiscal Year Ending April 2027 [Japanese GAAP] (Consolidated)

First-quarter net sales increased 4.6% year on year, while operating profit decreased 20.5%, ordinary profit decreased 14.2%, and net income decreased 18.2%. The full-year earnings forecast and annual dividend forecast remain unchanged.

Worth reading
31Immaterial
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
20.5
Year-on-year decline in operating profit (%)
Wording
Conditional
How definitive the wording is.

Results for this period

First quarter1 May 2026–31 July 2026ConsolidatedJapanese GAAP
Net Sales2,984¥ millionYear on year +4.6%Progress 27.8%
Operating profit279¥ millionYear on year -20.5%Progress 38.8%
Ordinary income357¥ millionYear on year -14.2%Progress 40.1%
Net income attributable to owners of the parent238¥ millionYear on year -18.2%Progress 39.0%

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 share¥183.42
Financial position at period-end
Total assets20,260¥ million
of which net assets 17,480 ¥ millionEquity ratio 86.3%vs. prior year-end -0.1pt

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.

Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥10,740 million (YoY -0.8%)
Operating profit¥720 million (YoY -33.8%)
Ordinary income¥890 million (YoY -29.2%)
Net income¥610 million (YoY -29.3%)
Revision to Earnings ForecastNot disclosed → Not disclosed
Annual Dividend Forecast¥80 → ¥80(0.0%)
Factors Behind Changes in Business Performance

Despite rising prices and uncertainty in overseas economies, the economy continued on a moderate recovery trend, supported by improvements in employment and income conditions. The construction machinery industry, the company’s main customer industry, continued to operate in an uncertain business environment due to the slowdown in the Chinese economy and developments in U.S. trade policy.

Disclosure regarding the going concern assumption

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 Number of companies 0 / Company name None / Excluded Number of companies 0 / Company name None
Depreciation and amortization¥81,351 thousand
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo
Issued Shares at Period-End1,360,000 shares
Treasury Shares at Period-End61,644 treasury shares at period-end
Results for this period
ItemDetails
Fiscal Period ClassificationFirst quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 May 2026–31 July 2026
Net Sales¥2,984 million (YoY +4.6%)
Operating profit¥279 million (YoY -20.5%)
Ordinary income¥357 million (YoY -14.2%)
Profit attributable to owners of the parent¥238 million (YoY -18.2%)
Net income per share¥183.42
Equity ratioEnd of the current fiscal period 86.3 / End of previous period 86.4
Total assets¥20,260 million
Net assets¥17,480 million
Full-year earnings forecastNet Sales ¥10,740 million (YoY -0.8%) / Operating profit ¥720 million (YoY -33.8%) / Ordinary income ¥890 million (YoY -29.2%) / Net income ¥610 million (YoY -29.3%)
Revision to Earnings ForecastNot disclosed → Not disclosed
Annual Dividend Forecast¥80 → ¥80(0.0%)
Depreciation and amortization¥81,351 thousand
Disclosure regarding the going concern assumptionNo applicable matters.
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 Number of companies 0 / Company name None / Excluded Number of companies 0 / Company name None
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo
Issued Shares at Period-End1,360,000 shares
Treasury Shares at Period-End61,644 treasury shares at period-end
Factors Behind Changes in Business PerformanceDespite rising prices and uncertainty in overseas economies, the economy continued on a moderate recovery trend, supported by improvements in employment and income conditions. The construction machinery industry, the company’s main customer industry, continued to operate in an uncertain business environment due to the slowdown in the Chinese economy and developments in U.S. trade policy.
Items this document does not state (14)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodPayout ratioShareholder Return PolicySegment revenueSegment profitRegional salesOrders received and order backlogImpairment 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 construction machinery industry continued to operate in an uncertain business environment due to the slowdown in the Chinese economy and developments in U.S. trade policy. No specific factors other than these were provided for the increases or decreases in results.

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.
First Quarter Financial Results for the Fiscal Year Ending April 2027 [Japanese GAAP] (Consolidated) | KYOWAKOGYOSYO CO.,LTD. (5971) timely disclosure | Komori