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Results5981TOKYO ROPE MFG.CO.,LTDConstruction and Materials

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 5.8% year on year and operating profit increased 17.7%. However, special gains, including gains on sales of investment securities, recorded in the same period of the previous year were absent, resulting in a 6.1% decrease in interim net income attributable to owners of the parent. The full-year earnings forecast and dividend forecast remain unchanged from the previous forecasts.

Worth reading
40Recurring
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
5.8
% (year-on-year change in net sales)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAP
Net Sales32,107¥ millionYear on year +5.8%Progress 47.9%
Operating profit1,664¥ millionYear on year +17.7%Progress 38.7%
Ordinary income2,147¥ millionYear on year +27.8%Progress 48.8%
Net income attributable to owners of the parent1,622¥ millionYear on year -6.1%Progress 54.1%

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¥105.18
Financial position at period-end
Total assets90,545¥ million
of which net assets 43,188 ¥ millionEquity ratio 47.7%vs. prior year-end +1.5pt

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+2,980
Investment-755
Financials-2,309
Net change-84

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¥7,079 million
Segment revenueWire rope and steel wire-related ¥14,576 million (YoY +4.1%), Steel cord-related ¥2,457 million (YoY +2.3%), Developed products-related ¥8,478 million (YoY -2.2%), Industrial machinery-related ¥2,942 million (YoY +41.2%), Energy and real estate-related ¥3,651 million (YoY +14.4%)
Segment profitWire rope and steel wire-related ¥1,064 million (YoY +0.5%), Steel cord-related ¥-371 million, Developed products-related ¥219 million (YoY -48.4%), Industrial machinery-related ¥464 million (YoY +467.2%), Energy and real estate-related ¥287 million (YoY +93.6%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥67,000 million (YoY +4.5%)
Operating profit¥4,300 million (YoY -11.3%)
Ordinary income¥4,400 million (YoY -14.3%)
Net income¥3,000 million (YoY -13.8%)
Annual Dividend Forecast¥70.00 → ¥70.00(0.0%)
Factors Behind Changes in Business Performance

Sales increased in all segments other than the developed products-related segment, mainly due to progress in product price revisions in response to rising prices. Operating profit and ordinary profit increased due to lower operating costs and progress in product price revisions, while special gains, including gains on sales of investment securities, recorded in the same period of the previous year fell away, resulting in a decrease in interim net income attributable to owners of the parent.

Disclosure regarding the going concern assumption

No applicable items

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 None
Impairment loss¥76 million
Breakdown of extraordinary income (loss)Extraordinary income None recorded / Extraordinary loss Impairment loss ¥76 million
Depreciation and amortization¥804 million
Availability of Supplementary Financial Results MaterialsHeld
Availability of Financial Results BriefingYes (for institutional investors)
Issued Shares at Period-End16,268,242 shares
Treasury Shares at Period-End832,183 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¥32,107 million (YoY +5.8%)
Operating profit¥1,664 million (YoY +17.7%)
Ordinary income¥2,147 million (YoY +27.8%)
Profit attributable to owners of the parent¥1,622 million (YoY -6.1%)
Net income per share¥105.18
Equity ratioEnd of the current fiscal period 47.7% / End of previous period 46.2%
Total assets¥90,545 million
Net assets¥43,188 million
Cash flows from operating activities¥2,980 million
Cash flows from investing activities¥-755 million
Cash flows from financing activities¥-2,309 million
Cash and cash equivalents at end of period¥7,079 million
Full-year earnings forecastNet Sales ¥67,000 million (YoY +4.5%) / Operating profit ¥4,300 million (YoY -11.3%) / Ordinary income ¥4,400 million (YoY -14.3%) / Net income ¥3,000 million (YoY -13.8%)
Annual Dividend Forecast¥70.00 → ¥70.00(0.0%)
Segment revenueWire rope and steel wire-related ¥14,576 million (YoY +4.1%), Steel cord-related ¥2,457 million (YoY +2.3%), Developed products-related ¥8,478 million (YoY -2.2%), Industrial machinery-related ¥2,942 million (YoY +41.2%), Energy and real estate-related ¥3,651 million (YoY +14.4%)
Segment profitWire rope and steel wire-related ¥1,064 million (YoY +0.5%), Steel cord-related ¥-371 million, Developed products-related ¥219 million (YoY -48.4%), Industrial machinery-related ¥464 million (YoY +467.2%), Energy and real estate-related ¥287 million (YoY +93.6%)
Depreciation and amortization¥804 million
Impairment loss¥76 million
Breakdown of extraordinary income (loss)Extraordinary income None recorded / Extraordinary loss Impairment loss ¥76 million
Disclosure regarding the going concern assumptionNo applicable items
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 None
Availability of Supplementary Financial Results MaterialsHeld
Availability of Financial Results BriefingYes (for institutional investors)
Issued Shares at Period-End16,268,242 shares
Treasury Shares at Period-End832,183 shares
Factors Behind Changes in Business PerformanceSales increased in all segments other than the developed products-related segment, mainly due to progress in product price revisions in response to rising prices. Operating profit and ordinary profit increased due to lower operating costs and progress in product price revisions, while special gains, including gains on sales of investment securities, recorded in the same period of the previous year fell away, resulting in a decrease in interim net income attributable to owners of the parent.
Items this document does not state (7)
Operating MarginRevision to Earnings ForecastPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogMaterial 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.

Sales increased in all segments other than the developed products-related segment, mainly due to progress in product price revisions in response to rising prices. In terms of profit, operating profit and ordinary profit increased due to lower operating costs and progress in product price revisions, while net income decreased because special gains, including gains on sales of investment securities, recorded in the same period of the previous year were absent.

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Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated) | TOKYO ROPE MFG.CO.,LTD (5981) timely disclosure | Komori