Worth reading
56In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
315.7
% (year-on-year change in operating profit)Wording
Conditional
How definitive the wording is.Results for this period
Full year2023年4月1日〜2024年3月31日ConsolidatedJapanese GAAPNet Sales46,383¥ millionYear on year +23.3%Progress 103.1%
Operating profit3,183¥ millionYear on year +315.7%Progress 353.7%
Ordinary income3,088¥ millionYear on year +383.9%Progress 411.7%
Net income attributable to owners of the parent2,261¥ millionYear on year +206.6%Progress 323.0%
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 share1,333円94銭
Operating Margin6.9%
Financial position at period-end
Total assets43,819¥ million
of which net assets 9,744 ¥ millionEquity ratio 22.2%vs. prior year-end +3.7pt
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.
Cash inflows and outflows
Operating+6,747
Investment-824
Financials-528
Net change+5,395
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¥14,613 million
Segment revenueShipbuilding business ¥45,947 million (YoY +23.8%), Other ¥435 million (YoY -13.2%)
Segment profitShipbuilding business ¥4,193 million (YoY +144.0%), Other ¥0 million
Regional sales¥19,551 million, ¥1,347 million, ¥16,820 million, ¥8,663 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥45,000 million (YoY -3.0%)
Operating profit¥900 million (YoY -71.7%)
Ordinary income¥750 million (YoY -75.7%)
Net income¥700 million (YoY -69.0%)
Annual Dividend Forecast¥40 per share → ¥40 per share（0.0%）
Payout ratioFiscal year ended March 2024 7.5% / 2025年3月期予想 9.7%
Shareholder Return Policy定量的な目標はNot disclosed。安定的な利益を確保し、内部留保との調和をはかりながら、業績に裏付けられた成果の配分を行う。
Factors Behind Changes in Business Performance
全社を挙げた生産性向上とコストダウン、新造船における円安による外貨建て工事の収益改善、改造船工事・大口修繕船工事の完工。
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 consolidation重要な子会社の異動なし。新規・除外の会社数と社名はNot disclosed。
Material subsequent eventsNo applicable matters
Impairment loss¥7 million
Breakdown of extraordinary income (loss)Extraordinary income None / Extraordinary loss Loss on Disposal of Fixed Assets ¥38 million, Impairment Losses ¥7 million, Litigation-Related Costs ¥561 million
Depreciation and amortization¥815 million
Orders received and order backlogOrders received ¥64,637 million / Order backlog ¥96,642 million
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo (attendees: Not disclosed)
Issued Shares at Period-End2,253,000 Shares
Treasury Shares at Period-End558,052 Shares
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 2023年4月1日〜2024年3月31日 |
| Net Sales | ¥46,383 million (YoY +23.3%) |
| Operating profit | ¥3,183 million (YoY +315.7%) |
| Ordinary income | ¥3,088 million (YoY +383.9%) |
| Profit attributable to owners of the parent | ¥2,261 million (YoY +206.6%) |
| Net income per share | 1,333円94銭 |
| Operating Margin | 6.9% |
| Equity ratio | End of the current fiscal period 22.2% / End of previous period 18.5% |
| Total assets | ¥43,819 million |
| Net assets | ¥9,744 million |
| Cash flows from operating activities | ¥6,747 million |
| Cash flows from investing activities | ¥-824 million |
| Cash flows from financing activities | ¥-528 million |
| Cash and cash equivalents at end of period | ¥14,613 million |
| Full-year earnings forecast | Net Sales ¥45,000 million (YoY -3.0%) / Operating profit ¥900 million (YoY -71.7%) / Ordinary income ¥750 million (YoY -75.7%) / Net income ¥700 million (YoY -69.0%) |
| Annual Dividend Forecast | ¥40 per share → ¥40 per share（0.0%） |
| Payout ratio | Fiscal year ended March 2024 7.5% / 2025年3月期予想 9.7% |
| Shareholder Return Policy | 定量的な目標はNot disclosed。安定的な利益を確保し、内部留保との調和をはかりながら、業績に裏付けられた成果の配分を行う。 |
| Segment revenue | Shipbuilding business ¥45,947 million (YoY +23.8%), Other ¥435 million (YoY -13.2%) |
| Segment profit | Shipbuilding business ¥4,193 million (YoY +144.0%), Other ¥0 million |
| Regional sales | ¥19,551 million, ¥1,347 million, ¥16,820 million, ¥8,663 million |
| Orders received and order backlog | Orders received ¥64,637 million / Order backlog ¥96,642 million |
| Depreciation and amortization | ¥815 million |
| Impairment loss | ¥7 million |
| Breakdown of extraordinary income (loss) | Extraordinary income None / Extraordinary loss Loss on Disposal of Fixed Assets ¥38 million, Impairment Losses ¥7 million, Litigation-Related Costs ¥561 million |
| Disclosure regarding the going concern assumption | No applicable matters |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | 重要な子会社の異動なし。新規・除外の会社数と社名はNot disclosed。 |
| Material subsequent events | No applicable matters |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | No (attendees: Not disclosed) |
| Issued Shares at Period-End | 2,253,000 Shares |
| Treasury Shares at Period-End | 558,052 Shares |
| Factors Behind Changes in Business Performance | 全社を挙げた生産性向上とコストダウン、新造船における円安による外貨建て工事の収益改善、改造船工事・大口修繕船工事の完工。 |
Items this document does not state (1)
Revision to Earnings Forecast
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.全社を挙げて生産性の向上やコストダウンに取り組んだこと、新造船で円安により外貨建て工事の収益が改善したこと、改造船工事・大口修繕船工事が完工したことを増益要因としている。翌期については、エネルギー価格、鋼材・機材価格の値上がりが続く一方、生産性向上と固定費削減に努めるとしている。
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.