Results for this period
Interim period (second quarter)1 April 2026 to 30 September 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.
Although production of automotive frames for major customers decreased by approximately 10%, revenue increased due to higher equipment sales related to new models and the weaker yen. In terms of profit, the rapid and significant deterioration of the business environment in China was the main negative factor, while business-structure reforms, including the consolidation of production sites and manufacturing lines and workforce optimization, contributed to the increase in profit.
Not applicable
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | IFRS |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 September 2026 |
| Net Sales | ¥101,467 million (YoY +4.4%) |
| Operating profit | ¥4,910 million (YoY -5.4%) |
| Ordinary income | ¥4,282 million (YoY -19.1%) |
| Profit attributable to owners of the parent | ¥4,358 million (YoY +47.0%) |
| Net income per share | ¥155.28 |
| Equity ratio | End of the current fiscal period 38.6 / End of previous period 38.7 |
| Total assets | ¥216,559 million |
| Net assets | ¥88,678 million |
| Cash flows from operating activities | ¥136 million |
| Cash flows from investing activities | ¥-12,106 million |
| Cash flows from financing activities | ¥9,269 million |
| Cash and cash equivalents at end of period | ¥19,410 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 (YoY -1.8%) / Net income ¥11,000 million (YoY +0.2%) |
| Annual Dividend Forecast | 64 Yen → 70 Yen |
| Segment revenue | Japan ¥27,556 million (YoY -6.7%), North America ¥62,596 million (YoY +20.8%), China ¥9,090 million (YoY -38.4%), Asia ¥8,525 million (YoY -1.4%) |
| Segment profit | Japan ¥2,879 million (YoY +43.0%), North America ¥3,280 million (YoY -6.3%), China ¥-917 million, Asia ¥16 million |
| Regional sales | ¥27,556 million (YoY -6.7%), ¥62,596 million (YoY +20.8%), ¥9,090 million (YoY -38.4%), ¥8,525 million (YoY -1.4%) |
| Depreciation and amortization | 4,857 Millions of yen (depreciation and amortization) |
| 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 Not disclosed |
| Changes in the scope of consolidation | Added: 0 companies; excluded: 0 companies |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | Available (for institutional investors and analysts) |
| Issued Shares at Period-End | 28,392,830 shares |
| Treasury Shares at Period-End | 378,576 shares |
| Factors Behind Changes in Business Performance | Although production of automotive frames for major customers decreased by approximately 10%, revenue increased due to higher equipment sales related to new models and the weaker yen. In terms of profit, the rapid and significant deterioration of the business environment in China was the main negative factor, while business-structure reforms, including the consolidation of production sites and manufacturing lines and workforce optimization, contributed to the increase in profit. |
Items this document does not state (8)
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.Revenue increased due to higher equipment sales related to new models and the weaker yen, while operating profit declined mainly because the business environment in China deteriorated rapidly and significantly. Interim profit attributable to owners of the parent increased due to adjustments to tax expenses resulting from the Japan-U.S. APA agreement and other factors.