Komori
Earnings6455MORITA HOLDINGS CORPORATIONAutomobiles and transportation equipment

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, net sales declined 1.7% year on year, while operating profit fell 35.8% and ordinary profit fell 36.6%. The full-year earnings forecast and dividend forecast were unchanged.

Worth reading
50Recurring
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
-1838
¥ million
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAP
Net Sales46,394¥ millionYear on year -1.7%Progress 40.2%
Operating profit3,298¥ millionYear on year -35.8%Progress 22.7%
Ordinary income3,333¥ millionYear on year -36.6%Progress 22.2%
Net income attributable to owners of the parent2,432¥ millionYear on year -25.4%

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¥59.27
Financial position at period-end
Total assets148,080¥ million
of which net assets 105,912 ¥ millionEquity ratio 70.7%vs. prior year-end +1.4pt

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+795
Investment-597
Financials-1,388
Net change-1,190

Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).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¥24,932 million
Segment revenueFire engines and vehicles ¥26,441 million (YoY +1.2%), Disaster preparedness ¥10,838 million (YoY -9.0%), Industrial Machinery ¥2,444 million (YoY -15.5%), Environmental vehicles ¥6,669 million (YoY +6.8%)
Segment profitFire engines and vehicles ¥1,076 million (YoY -46.3%), Disaster preparedness ¥1,344 million (YoY -41.5%), Industrial Machinery ¥354 million (YoY -10.7%), Environmental vehicles ¥523 million (YoY +17.1%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥115,500 million (YoY -0.9%)
Operating profit¥14,500 million (YoY -6.2%)
Ordinary income¥15,000 million (YoY -0.3%)
Profit attributable to owners of the parent¥9,700 million (YoY +2.6%)
Annual Dividend Forecast64 yen → 80 yen(+25.0%)
Factors Behind Changes in Business Performance

Higher personnel expenses and other costs. Disaster prevention revenue declined due to a lower beginning-of-period order backlog, while industrial machinery revenue declined because product sales shifted into a different period.

Disclosure regarding the going concern assumption

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 / Excluded 0 / Company name None
Impairment lossNo applicable matters
Breakdown of extraordinary income (loss)Extraordinary income Gain on liquidation of an affiliated company ¥521 million / Extraordinary loss Loss on disposal and sale of non-current assets ¥1 million
Depreciation and amortization¥1,155 million
Orders received and order backlogOrders received ¥71,168 million / Order backlog ¥106,324 million
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End45,418,542 shares
Treasury Shares at Period-End4,307,401 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¥46,394 million (YoY -1.7%)
Operating profit¥3,298 million (YoY -35.8%)
Ordinary income¥3,333 million (YoY -36.6%)
Profit attributable to owners of the parent¥2,432 million (YoY -25.4%)
Net income per share¥59.27
Equity ratioEnd of the current fiscal period 70.7 / End of previous period 69.3
Total assets¥148,080 million
Net assets¥105,912 million
Cash flows from operating activities¥795 million
Cash flows from investing activities¥-597 million
Cash flows from financing activities¥-1,388 million
Cash and cash equivalents at end of period¥24,932 million
Full-year earnings forecastNet Sales ¥115,500 million (YoY -0.9%) / Operating profit ¥14,500 million (YoY -6.2%) / Ordinary income ¥15,000 million (YoY -0.3%) / Profit attributable to owners of the parent ¥9,700 million (YoY +2.6%)
Annual Dividend Forecast64 yen → 80 yen(+25.0%)
Segment revenueFire engines and vehicles ¥26,441 million (YoY +1.2%), Disaster preparedness ¥10,838 million (YoY -9.0%), Industrial Machinery ¥2,444 million (YoY -15.5%), Environmental vehicles ¥6,669 million (YoY +6.8%)
Segment profitFire engines and vehicles ¥1,076 million (YoY -46.3%), Disaster preparedness ¥1,344 million (YoY -41.5%), Industrial Machinery ¥354 million (YoY -10.7%), Environmental vehicles ¥523 million (YoY +17.1%)
Orders received and order backlogOrders received ¥71,168 million / Order backlog ¥106,324 million
Depreciation and amortization¥1,155 million
Impairment lossNo applicable matters
Breakdown of extraordinary income (loss)Extraordinary income Gain on liquidation of an affiliated company ¥521 million / Extraordinary loss Loss on disposal and sale of non-current assets ¥1 million
Disclosure regarding the going concern assumptionThere 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 / Excluded 0 / Company name None
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End45,418,542 shares
Treasury Shares at Period-End4,307,401 shares
Factors Behind Changes in Business PerformanceHigher personnel expenses and other costs. Disaster prevention revenue declined due to a lower beginning-of-period order backlog, while industrial machinery revenue declined because product sales shifted into a different period.
Items this document does not state (6)
Operating MarginRevision to Earnings ForecastPayout ratioShareholder Return PolicyRegional salesMaterial 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.

Higher personnel expenses and other costs weighed on profit. By business segment, the decline in disaster prevention revenue was attributable to a lower beginning-of-period order backlog, while the decline in industrial machinery revenue was due to product sales shifting into a different period.

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.
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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) | MORITA HOLDINGS CORPORATION (6455) timely disclosure | Komori