Komori
Earnings6465HOSHIZAKI CORPORATIONMachinery

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

For the interim period of the fiscal year ending December 2026, net sales, operating income, ordinary income, and interim net income attributable to owners of the parent all exceeded the same period of the previous year. The full-year earnings forecast and annual dividend forecast remain unchanged from the previous plan.

Worth reading
44Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
14.7
Year-on-year change 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 Sales273,646¥ millionYear on year +14.7%Progress 52.6%
Operating profit32,705¥ millionYear on year +7.3%Progress 58.8%
Ordinary income34,053¥ millionYear on year +6.9%Progress 57.7%
Net income attributable to owners of the parent22,297¥ millionYear on year +1.6%Progress 58.4%

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¥159.04
Financial position at period-end
Total assets595,210¥ million
of which net assets 420,676 ¥ millionEquity ratio 67.0%vs. prior year-end -1.2pt

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+29,098
Investment-5,184
Financials-30,695
Net change-6,781

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¥157,360 million
Segment revenueJapan ¥126,318 million (YoY +6.2%), Americas ¥74,773 million (YoY +29.3%), Europe ¥30,352 million (YoY +10.5%), Asia ¥47,986 million (YoY +21.8%)
Segment profitJapan ¥19,534 million (YoY +11.1%), Americas ¥4,764 million (YoY -16.8%), Europe ¥375 million (YoY +89.2%), Asia ¥7,984 million (YoY +25.0%)
Regional sales¥126,318 million (YoY +6.2%), ¥74,773 million (YoY +29.3%), ¥30,352 million (YoY +10.5%), ¥47,986 million (YoY +21.8%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥520,000 million (YoY +7.0%)
Operating profit¥55,600 million (YoY +7.1%)
Ordinary income¥59,000 million (YoY +4.8%)
Net income¥38,200 million (YoY +0.1%)
Annual Dividend Forecast¥115 → ¥115(0.0%)
Factors Behind Changes in Business Performance

Expanded sales in and beyond the food-service market in Japan, along with product supply to meet overseas demand and improved profitability, contributed to higher sales and earnings. However, profit was affected by intensifying competition in certain regions and the amortization of goodwill and intangible assets related to acquired companies.

Disclosure regarding the going concern assumption

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
Material subsequent eventsOn 9 July 2026, the company disposed of 2,329,100 treasury shares through a third-party allotment. In addition, effective 1 January 2027, the company will conduct a 2-for-1 stock split of its common shares and increase the number of authorized shares from 500 million to 1 billion.
Impairment lossNo applicable matters
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of investment securities ¥72 million, Gain on sale of non-current assets ¥87 million / Extraordinary loss Loss on disposal of fixed assets ¥43 million, Other ¥3 million
Depreciation and amortization¥6,200 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable Yes / Subject person Institutional investors
Issued Shares at Period-End144,890,100
Treasury Shares at Period-End6,615,580
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¥273,646 million (YoY +14.7%)
Operating profit¥32,705 million (YoY +7.3%)
Ordinary income¥34,053 million (YoY +6.9%)
Profit attributable to owners of the parent¥22,297 million (YoY +1.6%)
Net income per share¥159.04
Equity ratioEnd of the current fiscal period 67 / End of previous period 68.2
Total assets¥595,210 million
Net assets¥420,676 million
Cash flows from operating activities¥29,098 million
Cash flows from investing activities¥-5,184 million
Cash flows from financing activities¥-30,695 million
Cash and cash equivalents at end of period¥157,360 million
Full-year earnings forecastNet Sales ¥520,000 million (YoY +7.0%) / Operating profit ¥55,600 million (YoY +7.1%) / Ordinary income ¥59,000 million (YoY +4.8%) / Net income ¥38,200 million (YoY +0.1%)
Annual Dividend Forecast¥115 → ¥115(0.0%)
Segment revenueJapan ¥126,318 million (YoY +6.2%), Americas ¥74,773 million (YoY +29.3%), Europe ¥30,352 million (YoY +10.5%), Asia ¥47,986 million (YoY +21.8%)
Segment profitJapan ¥19,534 million (YoY +11.1%), Americas ¥4,764 million (YoY -16.8%), Europe ¥375 million (YoY +89.2%), Asia ¥7,984 million (YoY +25.0%)
Regional sales¥126,318 million (YoY +6.2%), ¥74,773 million (YoY +29.3%), ¥30,352 million (YoY +10.5%), ¥47,986 million (YoY +21.8%)
Depreciation and amortization¥6,200 million
Impairment lossNo applicable matters
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of investment securities ¥72 million, Gain on sale of non-current assets ¥87 million / Extraordinary loss Loss on disposal of fixed assets ¥43 million, Other ¥3 million
Disclosure regarding the going concern assumptionNo 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
Material subsequent eventsOn 9 July 2026, the company disposed of 2,329,100 treasury shares through a third-party allotment. In addition, effective 1 January 2027, the company will conduct a 2-for-1 stock split of its common shares and increase the number of authorized shares from 500 million to 1 billion.
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable Yes / Subject person Institutional investors
Issued Shares at Period-End144,890,100
Treasury Shares at Period-End6,615,580
Factors Behind Changes in Business PerformanceExpanded sales in and beyond the food-service market in Japan, along with product supply to meet overseas demand and improved profitability, contributed to higher sales and earnings. However, profit was affected by intensifying competition in certain regions and the amortization of goodwill and intangible assets related to acquired companies.
Items this document does not state (5)
Operating MarginRevision to Earnings ForecastPayout ratioShareholder Return PolicyOrders 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.

In Japan, the company focused on expanding sales in and beyond the food-service market, while overseas it focused on supplying products to meet demand and improving profitability. However, results were affected by intensifying competition in certain regions and the amortization of goodwill and intangible assets related to acquired companies.

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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.
Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending December 2026 [Japanese GAAP] (Consolidated) | HOSHIZAKI CORPORATION (6465) timely disclosure | Komori