Komori
Results6334Meiji Machine Co.,Ltd.Machinery

Summary of 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 fell 2.5% year on year to ¥2,220 million, while the operating loss was ¥441 million and the interim net loss attributable to owners of the parent widened to ¥533 million. Although 1 consolidated subsidiary was excluded from the scope of consolidation, the full-year earnings forecast and annual dividend forecast were unchanged.

Worth reading
59In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Deterioration
Direction inferred from the company’s description.
Scale
184
¥ million (amount of operating loss expansion)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAP
Net Sales2,220¥ millionYear on year -2.5%Progress 35.2%
Operating profit-441¥ million
Ordinary income-488¥ million
Net income attributable to owners of the parent-533¥ million

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(¥49.59)
Financial position at period-end
Total assets5,169¥ million
of which net assets 2,244 ¥ millionEquity ratio 43.4%vs. prior year-end -8.6pt

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+655,488
Investment-166,140
Financials-323,582
Net change+165,766

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¥1,206,953 thousand
Segment revenueIndustrial Machinery-Related Business ¥2,025,965 thousand (YoY -0.3%), Solutions Business ¥194,459 thousand (YoY -20.5%)
Segment profitIndustrial Machinery-Related Business ¥-443,602 thousand (YoY -66.0%), Solutions Business ¥5,997 thousand (YoY -42.7%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥6,300 million (YoY +14.4%)
Operating profit¥190 million
Ordinary income¥118 million
Net income¥100 million (YoY +295.3%)
Revision to Earnings ForecastNo revision
Annual Dividend Forecast6 yen → 6 yen(0.0%)
Factors Behind Changes in Business Performance

Revenue and profit declined compared with the previous interim consolidated accounting period. The company cited delays in order timing due to schedule revisions for certain projects, as well as cases involving longer lead times for parts and difficulty procuring materials, and identified securing orders through proposal-based sales, reducing costs and improving productivity, and cutting expenses as measures for the second half.

Disclosure regarding the going concern assumption

None

Change in accounting policy
基準改正に伴う変更 Noneそれ以外の変更 None見積りの変更 None修正再表示 None
Changes in the scope of consolidationNew 0 companies / Excluded 1 company (明治機械(徳州)有限公司)
Material subsequent eventsNone
Impairment lossNone recorded (no applicable matter)
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥24 thousand / Extraordinary loss Loss on sale of investments in affiliated companies ¥2,384 thousand, Loss on disposal of non-current assets ¥0 thousand
Depreciation and amortization¥91,675 thousand
Availability of Supplementary Financial Results MaterialsNone
Availability of Financial Results BriefingNone
Issued Shares at Period-End11,402,636 shares
Treasury Shares at Period-End633,930 shares
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¥2,220 million (YoY -2.5%)
Operating profit¥-441 million
Ordinary income¥-488 million
Profit attributable to owners of the parent¥-533 million
Net income per share(¥49.59)
Equity ratioEnd of the current fiscal period 43.4 / End of previous period 52
Total assets¥5,169 million
Net assets¥2,244 million
Cash flows from operating activities¥655,488 thousand
Cash flows from investing activities¥-166,140 thousand
Cash flows from financing activities¥-323,582 thousand
Cash and cash equivalents at end of period¥1,206,953 thousand
Full-year earnings forecastNet Sales ¥6,300 million (YoY +14.4%) / Operating profit ¥190 million / Ordinary income ¥118 million / Net income ¥100 million (YoY +295.3%)
Revision to Earnings ForecastNo revision
Annual Dividend Forecast6 yen → 6 yen(0.0%)
Segment revenueIndustrial Machinery-Related Business ¥2,025,965 thousand (YoY -0.3%), Solutions Business ¥194,459 thousand (YoY -20.5%)
Segment profitIndustrial Machinery-Related Business ¥-443,602 thousand (YoY -66.0%), Solutions Business ¥5,997 thousand (YoY -42.7%)
Depreciation and amortization¥91,675 thousand
Impairment lossNone recorded (no applicable matter)
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥24 thousand / Extraordinary loss Loss on sale of investments in affiliated companies ¥2,384 thousand, Loss on disposal of non-current assets ¥0 thousand
Disclosure regarding the going concern assumptionNone
Change in accounting policyChanges due to revisions to standards None / Other changes None / Change in accounting estimate None / Restatement None
Changes in the scope of consolidationNew 0 companies / Excluded 1 company (明治機械(徳州)有限公司)
Material subsequent eventsNone
Availability of Supplementary Financial Results MaterialsNone
Availability of Financial Results BriefingNone
Issued Shares at Period-End11,402,636 shares
Treasury Shares at Period-End633,930 shares
Factors Behind Changes in Business PerformanceRevenue and profit declined compared with the previous interim consolidated accounting period. The company cited delays in order timing due to schedule revisions for certain projects, as well as cases involving longer lead times for parts and difficulty procuring materials, and identified securing orders through proposal-based sales, reducing costs and improving productivity, and cutting expenses as measures for the second half.
Items this document does not state (5)
Operating MarginPayout ratioShareholder Return PolicyRegional salesOrders received and order backlog

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.

No specific breakdown of the factors behind the overall decline in revenue and profit was provided. The company did, however, cite delays in order timing due to schedule revisions for certain projects, as well as cases involving longer lead times for parts and difficulty procuring materials. Measures for the second half include securing orders through proposal-based sales, reducing costs and improving productivity, and cutting expenses. The exclusion of the consolidated subsidiary was attributed to the selective allocation and concentration of management resources in light of the international situation and changes in trends in the Chinese market.

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 March 2027 [Japanese GAAP] (Consolidated) | Meiji Machine Co.,Ltd. (6334) timely disclosure | Komori