Komori
Earnings5997KYORITSU AIR TECH INC.Construction and Materials

Summary of Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending December 2026 [Japanese GAAP] (Consolidated)

For the interim period of FY2026, net sales were below the same period of the previous year, while operating income and ordinary income increased. Net income attributable to owners of the parent decreased. The full-year earnings forecast and annual dividend forecast remain unchanged.

Worth reading
35Immaterial
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
7.5
% (year-on-year decrease in revenue)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 January 2026–30 June 2026ConsolidatedJapanese GAAP
Net Sales5,370¥ millionYear on year -7.5%Progress 45.5%
Operating profit272¥ millionYear on year +6.7%Progress 43.9%
Ordinary income289¥ millionYear on year +7.3%Progress 43.8%
Net income attributable to owners of the parent189¥ millionYear on year -6.8%Progress 41.1%

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¥39.35
Financial position at period-end
Total assets14,778¥ million
of which net assets 10,153 ¥ millionEquity ratio 68.5%vs. prior year-end +5.9pt

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+327,742
Investment-798,477
Financials-196,655
Net change-667,390

Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ thousand).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¥3,278,513 thousand
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

The order environment was challenging because of higher labor costs resulting from rising prices, soaring costs of materials including raw materials, higher mortgage interest rates, and the low level of new housing starts. At the same time, the Group pursued its business activities with securing its sales target and operating income as its top priorities.

Disclosure regarding the going concern assumption

None ("There are 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 (company name: —) / Excluded 0 companies (company name: —)
Breakdown of extraordinary income (loss)Extraordinary income Item Gain on sale of non-current assets / Amount ¥255 thousand / Extraordinary loss Item Loss on Disposal of Fixed Assets / Amount ¥0 thousand
Depreciation and amortization¥148,366 thousand
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNone (対象者:Not applicable)
Issued Shares at Period-End6,000,000
Treasury Shares at Period-End1,170,244
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 January 2026–30 June 2026
Net Sales¥5,370 million (YoY -7.5%)
Operating profit¥272 million (YoY +6.7%)
Ordinary income¥289 million (YoY +7.3%)
Profit attributable to owners of the parent¥189 million (YoY -6.8%)
Net income per share¥39.35
Equity ratioEnd of the current fiscal period 68.5 / End of previous period 62.6
Total assets¥14,778 million
Net assets¥10,153 million
Cash flows from operating activities¥327,742 thousand
Cash flows from investing activities¥-798,477 thousand
Cash flows from financing activities¥-196,655 thousand
Cash and cash equivalents at end of period¥3,278,513 thousand
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¥148,366 thousand
Breakdown of extraordinary income (loss)Extraordinary income Item Gain on sale of non-current assets / Amount ¥255 thousand / Extraordinary loss Item Loss on Disposal of Fixed Assets / Amount ¥0 thousand
Disclosure regarding the going concern assumptionNone ("There are no 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 (company name: —) / Excluded 0 companies (company name: —)
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNone (対象者:Not applicable)
Issued Shares at Period-End6,000,000
Treasury Shares at Period-End1,170,244
Factors Behind Changes in Business PerformanceThe order environment was challenging because of higher labor costs resulting from rising prices, soaring costs of materials including raw materials, higher mortgage interest rates, and the low level of new housing starts. At the same time, the Group pursued its business activities with securing its sales target and operating income as its top priorities.
Items this document does not state (10)
Operating MarginRevision to Earnings ForecastPayout ratioShareholder Return PolicySegment revenueSegment profitRegional salesOrders received and order backlogImpairment 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.

Although public-sector investment and private-sector capital investment remained firm in the construction market, the order environment remained challenging because of higher labor costs resulting from rising prices and soaring costs of materials, including raw materials. In the housing market, the number of new housing starts remained low due to higher mortgage interest rates, increased materials and labor costs, and rising prices. The Group pursued its business activities with securing its sales target and operating income as its top priorities.

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.
Summary of Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending December 2026 [Japanese GAAP] (Consolidated) | KYORITSU AIR TECH INC. (5997) timely disclosure | Komori