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Results5997KYORITSU AIR TECH INC.Construction and Materials

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

For January-September 2026, revenue decreased 4.6% year on year, while operating income and ordinary income increased and net income attributable to owners of the parent decreased. The full-year earnings forecast and annual dividend forecast remain unchanged.

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44Recurring
Scored from 5 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
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Results for this period

Third quarter1 January 2026–30 September 2026ConsolidatedJapanese GAAP
Net Sales8,058¥ millionYear on year -4.6%Progress 68.3%
Operating profit337¥ millionYear on year +5.1%Progress 54.4%
Ordinary income377¥ millionYear on year +6.9%Progress 57.1%
Net income attributable to owners of the parent245¥ millionYear on year -5.4%

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¥50.76
Financial position at period-end
Total assets14,627¥ million
of which net assets 10,165 ¥ millionEquity ratio 69.3%vs. prior year-end +6.7pt

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%)
Profit attributable to owners of the parent¥460 million (YoY -0.2%)
Revision to Earnings ForecastNo change
Annual Dividend Forecast¥20 → ¥20(0.0%)
Factors Behind Changes in Business Performance

Although public investment and private-sector capital investment remained solid, the order environment continued to be challenging because of higher labor costs resulting from inflation, soaring prices for materials, including raw materials, higher mortgage interest rates, increased construction costs, and elevated prices.

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 consolidationNew Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥255 thousand / Extraordinary loss Loss on disposal of fixed assets ¥0 thousand
Depreciation and amortization¥237,489 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
Treasury Shares at Period-End1,170,244
Results for this period
ItemDetails
Fiscal Period ClassificationThird quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 January 2026–30 September 2026
Net Sales¥8,058 million (YoY -4.6%)
Operating profit¥337 million (YoY +5.1%)
Ordinary income¥377 million (YoY +6.9%)
Profit attributable to owners of the parent¥245 million (YoY -5.4%)
Net income per share¥50.76
Equity ratioEnd of the current fiscal period 69.3 / End of previous period 62.6
Total assets¥14,627 million
Net assets¥10,165 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%) / Profit attributable to owners of the parent ¥460 million (YoY -0.2%)
Revision to Earnings ForecastNo change
Annual Dividend Forecast¥20 → ¥20(0.0%)
Depreciation and amortization¥237,489 thousand
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥255 thousand / Extraordinary loss Loss on disposal of fixed assets ¥0 thousand
Disclosure regarding the going concern assumptionNot applicable.
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 Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End6,000,000
Treasury Shares at Period-End1,170,244
Factors Behind Changes in Business PerformanceAlthough public investment and private-sector capital investment remained solid, the order environment continued to be challenging because of higher labor costs resulting from inflation, soaring prices for materials, including raw materials, higher mortgage interest rates, increased construction costs, and elevated prices.
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 periodPayout 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.

In the construction market, public investment and private-sector capital investment remained solid, but the order environment continued to be challenging due to higher labor costs resulting from inflation and soaring prices for materials, including raw materials. In the housing market, new housing starts for detached houses remained at a low level because of higher mortgage interest rates, increased material and labor costs, and elevated prices.

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Third-Quarter Financial Results for the Fiscal Year Ending December 2026 [Japanese GAAP] (Consolidated) | KYORITSU AIR TECH INC. (5997) timely disclosure | Komori