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Results5974CHUGOKUKOGYO CO.,LTD.Construction and Materials

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

For the interim period of the fiscal year ending March 2027, net sales increased 6.3% year on year to ¥6,114 million, while operating, ordinary and net income were all in the red, with the operating loss widening to ¥177 million. The full-year earnings forecasts and annual dividend forecast of ¥23 remain unchanged.

Worth reading
61In focus
Scored from 5 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
177
¥ million
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAP
Net Sales6,114¥ millionYear on year +6.3%Progress 43.7%
Operating profit-177¥ million
Ordinary income-120¥ million
Net income attributable to owners of the parent-32¥ million

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(¥9.93)
Financial position at period-end
Total assets13,137¥ million
of which net assets 6,833 ¥ millionEquity ratio 47.9%vs. prior year-end +2.0pt

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+349
Investment-356
Financials-108
Net change-115

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¥517 million
Segment revenueHigh-Pressure Equipment business ¥3,818 million (YoY +7.8%), Steel Structure Equipment business ¥229 million (YoY -17.7%), Facilities Equipment business ¥1,059 million (YoY +21.1%), Transportation business ¥1,006 million (YoY -4.8%)
Segment profitHigh-Pressure Equipment business ¥100 million, Steel Structure Equipment business ¥-7 million, Facilities Equipment business ¥48 million, Transportation business ¥-45 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥14,000 million (YoY +1.8%)
Operating profit¥350 million (YoY +6.1%)
Ordinary income¥450 million (YoY +0.9%)
Profit attributable to owners of the parent¥270 million (YoY -13.5%)
Annual Dividend Forecast¥23 → ¥23(0.0%)
Factors Behind Changes in Business Performance

In the High-Pressure Equipment business, sales of LP gas containers increased, while in the Facilities Equipment business, sales of feed tanks increased. In the Steel Structure Equipment business, sales of steel structure products and individually ordered products declined, while cargo volumes decreased in the Transportation business. In addition, materials and energy costs remained elevated and miscellaneous expenses increased.

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 1 / Company name 若柳化成工業株式会社 / Excluded Number of companies 0 / Company name Not disclosed
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥3 million, Gain on sale of investment securities ¥16 million, Gain on negative goodwill ¥41 million / Extraordinary loss Loss on disposal and sale of non-current assets ¥0 million
Depreciation and amortization¥168 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable Yes / Subject person Not disclosed
Issued Shares at Period-End3,420,000 Shares
Treasury Shares at Period-End144,446 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¥6,114 million (YoY +6.3%)
Operating profit¥-177 million
Ordinary income¥-120 million
Profit attributable to owners of the parent¥-32 million
Net income per share(¥9.93)
Equity ratioEnd of the current fiscal period 47.9 / End of previous period 45.9
Total assets¥13,137 million
Net assets¥6,833 million
Cash flows from operating activities¥349 million
Cash flows from investing activities¥-356 million
Cash flows from financing activities¥-108 million
Cash and cash equivalents at end of period¥517 million
Full-year earnings forecastNet Sales ¥14,000 million (YoY +1.8%) / Operating profit ¥350 million (YoY +6.1%) / Ordinary income ¥450 million (YoY +0.9%) / Profit attributable to owners of the parent ¥270 million (YoY -13.5%)
Annual Dividend Forecast¥23 → ¥23(0.0%)
Segment revenueHigh-Pressure Equipment business ¥3,818 million (YoY +7.8%), Steel Structure Equipment business ¥229 million (YoY -17.7%), Facilities Equipment business ¥1,059 million (YoY +21.1%), Transportation business ¥1,006 million (YoY -4.8%)
Segment profitHigh-Pressure Equipment business ¥100 million, Steel Structure Equipment business ¥-7 million, Facilities Equipment business ¥48 million, Transportation business ¥-45 million
Depreciation and amortization¥168 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥3 million, Gain on sale of investment securities ¥16 million, Gain on negative goodwill ¥41 million / Extraordinary loss Loss on disposal and sale of non-current assets ¥0 million
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 1 / Company name 若柳化成工業株式会社 / Excluded Number of companies 0 / Company name Not disclosed
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable Yes / Subject person Not disclosed
Issued Shares at Period-End3,420,000 Shares
Treasury Shares at Period-End144,446 Shares
Factors Behind Changes in Business PerformanceIn the High-Pressure Equipment business, sales of LP gas containers increased, while in the Facilities Equipment business, sales of feed tanks increased. In the Steel Structure Equipment business, sales of steel structure products and individually ordered products declined, while cargo volumes decreased in the Transportation business. In addition, materials and energy costs remained elevated and miscellaneous expenses increased.
Items this document does not state (8)
Operating MarginRevision to Earnings ForecastPayout ratioShareholder Return PolicyRegional salesOrders 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.

Costs for materials, particularly steel products, as well as energy costs such as electricity, remained elevated. Although sales of major products increased in the High-Pressure Equipment business and Facilities Equipment business, performance deteriorated in the Steel Structure Equipment business due to lower product sales and higher miscellaneous expenses, in the Facilities Equipment business due to higher miscellaneous expenses, and in the Transportation business due to lower cargo volumes.

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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.
Summary of Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated) | CHUGOKUKOGYO CO.,LTD. (5974) timely disclosure | Komori