Komori

Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated)

For the interim period of the fiscal year ending March 2027, revenue increased 9.4% year on year and operating profit increased 21.4%, resulting in higher revenue and profit. Machinery sales grew in North and South America and Europe, while revenue and profit declined in parts of Asia and the food manufacturing and sales business.

Worth reading
38Recurring
Scored from 5 of 6 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
9.4
Year-on-year change in revenue (%)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAP
Net Sales21,819¥ millionYear on year +9.4%Progress 50.9%
Operating profit2,973¥ millionYear on year +21.4%Progress 52.9%
Ordinary income2,956¥ millionYear on year +15.6%Progress 52.0%
Net income attributable to owners of the parent2,021¥ millionYear on year +18.2%

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¥74.96
Financial position at period-end
Total assets57,401¥ million
of which net assets 44,214 ¥ millionEquity ratio 77.0%vs. prior year-end -2.1pt

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+2,555,221
Investment-1,965,879
Financials+320,476
Net change+909,818

Stacked from zero: upward is an increase in cash, downward a decrease (in Thousand yen).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 period11,949,088 Thousand yen
Segment revenueFood Processing Machinery Manufacturing and Sales Business (Japan) 5,458,878 Thousand yen (YoY -0.1%), Food Processing Machinery Manufacturing and Sales Business (North and South America) 3,913,606 Thousand yen (YoY +32.7%), Food Processing Machinery Manufacturing and Sales Business (Europe) 2,981,709 Thousand yen (YoY +20.5%), Food Processing Machinery Manufacturing and Sales Business (Asia) 1,395,556 Thousand yen (YoY -13.5%), Food Manufacturing and Sales Business (North and South America) 7,849,257 Thousand yen (YoY +8.8%), Food Manufacturing and Sales Business (Japan) 220,262 Thousand yen (YoY -0.3%)
Segment profitFood Processing Machinery Manufacturing and Sales Business (Japan) 2,867,034 Thousand yen (YoY +23.2%), Food Processing Machinery Manufacturing and Sales Business (North and South America) 493,342 Thousand yen (YoY +390.2%), Food Processing Machinery Manufacturing and Sales Business (Europe) 227,596 Thousand yen (YoY +111.1%), Food Processing Machinery Manufacturing and Sales Business (Asia) 421,670 Thousand yen (YoY -6.6%), Food Manufacturing and Sales Business (North and South America) 413,559 Thousand yen (YoY -46.9%), Food Manufacturing and Sales Business (Japan) 11,206 Thousand yen (YoY -4.7%)
Regional sales5,458,878 Thousand yen (YoY -0.1%), 3,913,606 Thousand yen (YoY +32.7%), 2,981,709 Thousand yen (YoY +20.5%), 1,395,556 Thousand yen (YoY -13.5%), 7,849,257 Thousand yen (YoY +8.8%), 220,262 Thousand yen (YoY -0.3%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥42,900 million (YoY +2.1%)
Operating profit¥5,620 million (YoY +8.6%)
Ordinary income¥5,690 million (YoY +1.8%)
Profit attributable to owners of the parent¥4,020 million (YoY +3.1%)
Annual Dividend Forecast¥58 → ¥60
Factors Behind Changes in Business Performance

Capital investment by major and mid-sized bakeries remained firm, and equipment projects using subsidies increased. Sales of large-scale bread production lines and other equipment were strong in North America and Europe, and the weaker yen also contributed to yen-denominated revenue. On the profit front, advertising and promotional expenses related to major trade shows declined. Meanwhile, large-scale projects decreased in Asia, and freight and packing costs increased in the food manufacturing and sales business due to higher crude oil prices.

Disclosure regarding the going concern assumption

No applicable items

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 consolidationNo
Material subsequent eventsNot applicable
Depreciation and amortization729,444 Thousand yen
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for institutional investors and analysts)
Issued Shares at Period-End28,392,000
Treasury Shares at Period-End1,560,197
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 September 2026
Net Sales¥21,819 million (YoY +9.4%)
Operating profit¥2,973 million (YoY +21.4%)
Ordinary income¥2,956 million (YoY +15.6%)
Profit attributable to owners of the parent¥2,021 million (YoY +18.2%)
Net income per share¥74.96
Equity ratioEnd of the current fiscal period 77 / End of previous period 79.1
Total assets¥57,401 million
Net assets¥44,214 million
Cash flows from operating activities2,555,221 Thousand yen
Cash flows from investing activities-1,965,879 Thousand yen
Cash flows from financing activities320,476 Thousand yen
Cash and cash equivalents at end of period11,949,088 Thousand yen
Full-year earnings forecastNet Sales ¥42,900 million (YoY +2.1%) / Operating profit ¥5,620 million (YoY +8.6%) / Ordinary income ¥5,690 million (YoY +1.8%) / Profit attributable to owners of the parent ¥4,020 million (YoY +3.1%)
Annual Dividend Forecast¥58 → ¥60
Segment revenueFood Processing Machinery Manufacturing and Sales Business (Japan) 5,458,878 Thousand yen (YoY -0.1%), Food Processing Machinery Manufacturing and Sales Business (North and South America) 3,913,606 Thousand yen (YoY +32.7%), Food Processing Machinery Manufacturing and Sales Business (Europe) 2,981,709 Thousand yen (YoY +20.5%), Food Processing Machinery Manufacturing and Sales Business (Asia) 1,395,556 Thousand yen (YoY -13.5%), Food Manufacturing and Sales Business (North and South America) 7,849,257 Thousand yen (YoY +8.8%), Food Manufacturing and Sales Business (Japan) 220,262 Thousand yen (YoY -0.3%)
Segment profitFood Processing Machinery Manufacturing and Sales Business (Japan) 2,867,034 Thousand yen (YoY +23.2%), Food Processing Machinery Manufacturing and Sales Business (North and South America) 493,342 Thousand yen (YoY +390.2%), Food Processing Machinery Manufacturing and Sales Business (Europe) 227,596 Thousand yen (YoY +111.1%), Food Processing Machinery Manufacturing and Sales Business (Asia) 421,670 Thousand yen (YoY -6.6%), Food Manufacturing and Sales Business (North and South America) 413,559 Thousand yen (YoY -46.9%), Food Manufacturing and Sales Business (Japan) 11,206 Thousand yen (YoY -4.7%)
Regional sales5,458,878 Thousand yen (YoY -0.1%), 3,913,606 Thousand yen (YoY +32.7%), 2,981,709 Thousand yen (YoY +20.5%), 1,395,556 Thousand yen (YoY -13.5%), 7,849,257 Thousand yen (YoY +8.8%), 220,262 Thousand yen (YoY -0.3%)
Depreciation and amortization729,444 Thousand yen
Disclosure regarding the going concern assumptionNo applicable items
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 consolidationNo
Material subsequent eventsNot applicable
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for institutional investors and analysts)
Issued Shares at Period-End28,392,000
Treasury Shares at Period-End1,560,197
Factors Behind Changes in Business PerformanceCapital investment by major and mid-sized bakeries remained firm, and equipment projects using subsidies increased. Sales of large-scale bread production lines and other equipment were strong in North America and Europe, and the weaker yen also contributed to yen-denominated revenue. On the profit front, advertising and promotional expenses related to major trade shows declined. Meanwhile, large-scale projects decreased in Asia, and freight and packing costs increased in the food manufacturing and sales business due to higher crude oil prices.
Items this document does not state (7)
Operating MarginRevision to Earnings ForecastPayout ratioShareholder Return PolicyOrders received and order backlogImpairment lossBreakdown of extraordinary income (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.

Capital investment by major and mid-sized bakeries remained firm, and demand from the distribution and food service sectors showed signs of recovery. Equipment projects also increased following the registration of eligible equipment under the Small and Medium-sized Enterprise Labor-Saving Investment Subsidy. In North America, sales of large-scale bread production lines and concha production lines were strong, while in Europe, sales of food forming machines and bread production lines performed well. The weaker yen also lifted yen-denominated revenue. On the profit front, lower advertising and promotional expenses related to major trade shows contributed, while large-scale projects declined in Asia and freight and packing costs increased in the food manufacturing and sales business due to higher crude oil prices.

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Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated) | RHEON AUTOMATIC MACHINERY CO.,LTD. (6272) timely disclosure | Komori