Worth reading
55In focus
Scored from 5 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
739.8
%Wording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)1 April 2026–30 September 2026ConsolidatedJapanese GAAPNet Sales24,038Millions of yenYear on year -0.3%Progress 49.1%
Operating profit416Millions of yenProgress 57.8%
Ordinary income609Millions of yenYear on year +367.5%Progress 67.7%
Net income attributable to owners of the parent1,015Millions of yenYear on year +739.8%
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¥45.32
Financial position at period-end
Total assets35,725Millions of yen
of which net assets 17,068 Millions of yenEquity ratio 47.5%vs. prior year-end +1.6pt
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 revenue
Trading Division16,32167.9%-4.1%
Hardened Steel Strip Division7343.1%-8.7%
Sheet Metal Processing Products Division4,04216.8%+13.9%
Overseas Operations2,94012.2%+7.4%
Segment profit
Trading Division33036.1%+69.6%
Hardened Steel Strip Division343.7%-39.4%
Sheet Metal Processing Products Division41044.9%+382.3%
Overseas Operations14015.3%+11.2%
Outlook and shareholder returns
Full-year earnings forecast
Net Sales49,000 Millions of yen (YoY +1.7%)
Operating profit720 Millions of yen (YoY +61.9%)
Ordinary income900 Millions of yen (YoY +42.8%)
Profit attributable to owners of the parent1,150 Millions of yen (YoY +10.3%)
Revision to Earnings ForecastNet Sales Not disclosed → 49,000 Millions of yen / Operating profit Not disclosed → 720 Millions of yen / Ordinary income Not disclosed → 900 Millions of yen / Profit attributable to owners of the parent Not disclosed → 1,150 Millions of yen
Annual Dividend Forecast12 Yen → 6 Yen（-50.0%）
Factors Behind Changes in Business Performance
While revenue in the Trading and Hardened Steel Strip divisions declined due to demand adjustments, profit increased through the expansion of sales of high-value-added products, productivity improvements and cost reductions, the pass-through of costs to selling prices, and yield improvements. Interim net income attributable to owners of the parent increased due in part to a ¥735 million gain on the sale of investment securities associated with the sale of strategic shareholdings.
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 consolidation0 newly included companies (company name: -), 0 excluded companies (company name: -)
Breakdown of extraordinary income (loss)Extraordinary income Gain on sales of non-current assets 102 Thousands of yen, Gain on sale of investment securities 735,739 Thousands of yen / Extraordinary loss Loss on retirement of non-current assets 119 Thousands of yen, Loss on sale of investment securities 762 Thousands of yen
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo
Issued Shares at Period-End22,558,063 shares
Treasury Shares at Period-End153,809 shares
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026–30 September 2026 |
| Net Sales | 24,038 Millions of yen (YoY -0.3%) |
| Operating profit | 416 Millions of yen |
| Ordinary income | 609 Millions of yen (YoY +367.5%) |
| Profit attributable to owners of the parent | 1,015 Millions of yen (YoY +739.8%) |
| Net income per share | ¥45.32 |
| Equity ratio | End of the current fiscal period 47.5 / End of previous period 45.9 |
| Total assets | 35,725 Millions of yen |
| Net assets | 17,068 Millions of yen |
| Full-year earnings forecast | Net Sales 49,000 Millions of yen (YoY +1.7%) / Operating profit 720 Millions of yen (YoY +61.9%) / Ordinary income 900 Millions of yen (YoY +42.8%) / Profit attributable to owners of the parent 1,150 Millions of yen (YoY +10.3%) |
| Revision to Earnings Forecast | Net Sales Not disclosed → 49,000 Millions of yen / Operating profit Not disclosed → 720 Millions of yen / Ordinary income Not disclosed → 900 Millions of yen / Profit attributable to owners of the parent Not disclosed → 1,150 Millions of yen |
| Annual Dividend Forecast | 12 Yen → 6 Yen（-50.0%） |
| Segment revenue | Trading Division 16,321 Millions of yen (YoY -4.1%) / Hardened Steel Strip Division 734 Millions of yen (YoY -8.7%) / Sheet Metal Processing Products Division 4,042 Millions of yen (YoY +13.9%) / Overseas Operations 2,940 Millions of yen (YoY +7.4%) |
| Segment profit | Trading Division 330 Millions of yen (YoY +69.6%) / Hardened Steel Strip Division 34 Millions of yen (YoY -39.4%) / Sheet Metal Processing Products Division 410 Millions of yen (YoY +382.3%) / Overseas Operations 140 Millions of yen (YoY +11.2%) |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sales of non-current assets 102 Thousands of yen, Gain on sale of investment securities 735,739 Thousands of yen / Extraordinary loss Loss on retirement of non-current assets 119 Thousands of yen, Loss on sale of investment securities 762 Thousands of yen |
| Disclosure regarding the going concern assumption | Not applicable |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | 0 newly included companies (company name: -), 0 excluded companies (company name: -) |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | No |
| Issued Shares at Period-End | 22,558,063 shares |
| Treasury Shares at Period-End | 153,809 shares |
| Factors Behind Changes in Business Performance | While revenue in the Trading and Hardened Steel Strip divisions declined due to demand adjustments, profit increased through the expansion of sales of high-value-added products, productivity improvements and cost reductions, the pass-through of costs to selling prices, and yield improvements. Interim net income attributable to owners of the parent increased due in part to a ¥735 million gain on the sale of investment securities associated with the sale of strategic shareholdings. |
Items this document does not state (12)
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 backlogDepreciation and amortizationImpairment 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.While revenue declined in some divisions due to demand adjustments in the automotive and home appliance markets, the company worked to expand sales of high-value-added products, improve productivity, reduce costs, pass costs through to selling prices, and improve yields. Interim net income attributable to owners of the parent increased due in part to a ¥735 million gain on the sale of investment securities associated with the sale of strategic shareholdings.
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.
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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.