Results for this period
First quarter1 April 2026 to 30 June 2026ConsolidatedIFRSThe 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.
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.
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.
Production of automotive frames for major customers declined by approximately 7% year on year, but revenue increased due to the weaker yen. On the earnings front, changes in the business environment in China and the recognition of one-time expenses reduced profit, while the benefits of structural reforms, including the consolidation of manufacturing sites and production lines and workforce optimization, continued.
No applicable matters. The notes on the going concern assumption state that there are no applicable matters.
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | IFRS |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 June 2026 |
| Net Sales | ¥50,862 million (YoY +0.4%) |
| Operating profit | ¥1,441 million (YoY -43.6%) |
| Ordinary income | ¥1,485 million (profit before tax) (YoY -45.7%) |
| Profit attributable to owners of the parent | ¥1,446 million (YoY -9.9%) |
| Net income per share | ¥51.44 |
| Equity ratio | End of the current fiscal period 37.4% / End of previous period 38.7% |
| Total assets | ¥219,015 million |
| Net assets | ¥85,912 million (total equity) |
| Cash flows from operating activities | ¥-3,478 million |
| Cash flows from investing activities | ¥-4,334 million |
| Cash flows from financing activities | ¥9,771 million |
| Cash and cash equivalents at end of period | ¥24,568 million |
| Full-year earnings forecast | Net Sales ¥230,000 million (YoY +9.7%) / Operating profit ¥16,000 million (YoY +9.2%) / Ordinary income ¥15,000 million (profit before tax) (YoY -1.8%) / Net income ¥11,000 million (profit attributable to owners of the parent) (YoY +0.2%) |
| Revision to Earnings Forecast | No (unchanged) |
| Annual Dividend Forecast | ¥64.00 → ¥70.00 |
| Segment revenue | Japan ¥14,911 million (YoY -0.4%) / North America ¥29,705 million (YoY +10.2%) / China ¥5,546 million (YoY -31.1%) / Asia ¥4,306 million (YoY -8.1%) |
| Segment profit | Japan ¥1,767 million (YoY +14.6%) / North America ¥1,032 million (YoY -35.1%) / China ¥-953 million / Asia ¥-185 million |
| Regional sales | Japan ¥14,911 million (YoY -0.4%) / North America ¥29,705 million (YoY +10.2%) / China ¥5,546 million (YoY -31.1%) / Asia ¥4,306 million (YoY -8.1%) |
| Depreciation and amortization | ¥2,459 million (depreciation and amortization) |
| Disclosure regarding the going concern assumption | No applicable matters. The notes on the going concern assumption state that there are no applicable matters. |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement Not disclosed |
| Changes in the scope of consolidation | New 0 companies (company name: —) / Excluded 0 companies (company name: —) |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | No |
| Issued Shares at Period-End | 28,392,830 |
| Treasury Shares at Period-End | 378,501 |
| Factors Behind Changes in Business Performance | Production of automotive frames for major customers declined by approximately 7% year on year, but revenue increased due to the weaker yen. On the earnings front, changes in the business environment in China and the recognition of one-time expenses reduced profit, while the benefits of structural reforms, including the consolidation of manufacturing sites and production lines and workforce optimization, continued. |
Items this document does not state (7)
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.Although production of automotive frames for major customers declined by approximately 7%, revenue increased due to the weaker yen. On the earnings front, the benefits of structural reforms, including the consolidation of manufacturing sites and production lines and workforce optimization, continued, while changes in the business environment in China and the recognition of one-time expenses weighed on profit.