Komori
Earnings5997KYORITSU AIR TECH INC.Construction and Materials

Financial Results for the First Quarter of the Fiscal Year Ending December 2026 [Japanese GAAP] (Consolidated)

In the first quarter of the fiscal year ending December 2026, net sales decreased 2.0% year on year to ¥2,831 million, while operating profit increased 17.5% to ¥235 million and profit attributable to owners of the parent increased 2.7% to ¥162 million. The full-year earnings forecasts and annual dividend forecast remain unchanged.

Worth reading
44Recurring
Scored from 5 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
17.5
Year-on-year change in operating profit (%)
Wording
Conditional
How definitive the wording is.

Results for this period

First quarter1 January 2026–31 March 2026ConsolidatedJapanese GAAP
Net Sales2,831¥ millionYear on year -2.0%Progress 24.0%
Operating profit235¥ millionYear on year +17.5%Progress 37.9%
Ordinary income241¥ millionYear on year +16.5%Progress 36.5%
Net income attributable to owners of the parent162¥ millionYear on year +2.7%Progress 35.2%

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¥33.60
Financial position at period-end
Total assets14,739¥ million
of which net assets 9,951 ¥ millionEquity ratio 67.3%vs. prior year-end +4.7pt

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.

Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥11,800 million (YoY -1.0%)
Operating profit¥620 million (YoY +3.7%)
Ordinary income¥660 million (YoY +2.3%)
Net income¥460 million (YoY -0.2%)
Annual Dividend Forecast¥20 → ¥20(0.0%)
Factors Behind Changes in Business Performance

Public-sector investment and private-sector capital investment remained firm, while the challenging order environment continued due to higher labor and raw material costs. The company conducted its business with securing the initially planned sales target and operating profit as its highest priority.

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 0 companies / Excluded 0 companies / Company name Not disclosed
Material subsequent eventsAt a meeting of the Board of Directors held on 9 April 2026, the company resolved to dispose of 5,100 treasury shares as restricted stock compensation for directors and audit & supervisory board members, and completed the disposal on 30 April. The total disposal price was ¥4,054,500.
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥165 thousand / Extraordinary loss Loss on Disposal of Fixed Assets ¥0 thousand
Depreciation and amortization¥68,474 thousand
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End6,000,000 shares
Treasury Shares at Period-End1,175,344 shares
Results for this period
ItemDetails
Fiscal Period ClassificationFirst quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 January 2026–31 March 2026
Net Sales¥2,831 million (YoY -2.0%)
Operating profit¥235 million (YoY +17.5%)
Ordinary income¥241 million (YoY +16.5%)
Profit attributable to owners of the parent¥162 million (YoY +2.7%)
Net income per share¥33.60
Equity ratioEnd of the current fiscal period 67.3 / End of previous period 62.6
Total assets¥14,739 million
Net assets¥9,951 million
Full-year earnings forecastNet Sales ¥11,800 million (YoY -1.0%) / Operating profit ¥620 million (YoY +3.7%) / Ordinary income ¥660 million (YoY +2.3%) / Net income ¥460 million (YoY -0.2%)
Annual Dividend Forecast¥20 → ¥20(0.0%)
Depreciation and amortization¥68,474 thousand
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥165 thousand / Extraordinary loss Loss on Disposal of Fixed Assets ¥0 thousand
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 0 companies / Excluded 0 companies / Company name Not disclosed
Material subsequent eventsAt a meeting of the Board of Directors held on 9 April 2026, the company resolved to dispose of 5,100 treasury shares as restricted stock compensation for directors and audit & supervisory board members, and completed the disposal on 30 April. The total disposal price was ¥4,054,500.
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End6,000,000 shares
Treasury Shares at Period-End1,175,344 shares
Factors Behind Changes in Business PerformancePublic-sector investment and private-sector capital investment remained firm, while the challenging order environment continued due to higher labor and raw material costs. The company conducted its business with securing the initially planned sales target and operating profit as its highest priority.
Items this document does not state (13)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodRevision to Earnings ForecastPayout ratioShareholder Return PolicySegment revenueSegment profitRegional salesOrders received and order backlogImpairment loss

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.

The company explained that, although public-sector investment and private-sector capital investment remained firm, the outlook remained uncertain due to the Russia-Ukraine and Middle East situations, surging resource and raw material prices, foreign exchange movements, and trends in trade policy. It also stated that, amid a challenging order environment caused by higher labor and raw material costs resulting from rising prices, it conducted its business with securing the initially planned sales target and operating profit as its highest priority.

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.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Financial Results for the First Quarter of the Fiscal Year Ending December 2026 [Japanese GAAP] (Consolidated) | KYORITSU AIR TECH INC. (5997) timely disclosure | Komori