Komori
Earnings7236T.RAD Co., Ltd.Automobiles and transportation equipment

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

For the first half of the fiscal year ending March 2027, net sales, operating profit, ordinary profit and interim net income attributable to owners of the parent all exceeded the same period of the previous year. The full-year earnings forecast was revised from the figures announced on 3 August 2026, but the figures before the revision are not stated in this document.

Worth reading
45Recurring
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
4756
¥ million (year-on-year increase 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 Sales82,268¥ millionYear on year +6.1%Progress 49.0%
Operating profit5,576¥ millionYear on year +3.4%Progress 46.9%
Ordinary income5,959¥ millionYear on year +5.0%Progress 46.6%
Net income attributable to owners of the parent4,335¥ millionYear on year +5.9%

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¥76.56
Financial position at period-end
Total assets106,881¥ million
of which net assets 55,681 ¥ millionEquity ratio 52.0%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+7,619
Investment-4,461
Financials-1,530
Net change+1,628

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¥17,493 million
Segment revenueJapan ¥37,841 million, United States ¥23,826 million, Europe ¥2,790 million, Asia ¥11,876 million, China ¥5,781 million, Other (including eliminations) ¥151 million
Segment profitJapan ¥1,035 million, United States ¥655 million, Europe ¥95 million, Asia ¥2,943 million, China ¥591 million, Other (including eliminations) ¥254 million
Regional sales¥37,841 million, ¥23,826 million, ¥2,790 million, ¥11,876 million, ¥5,781 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥168,000 million (YoY +3.5%)
Operating profit¥11,900 million (YoY +5.8%)
Ordinary income¥12,800 million (YoY +3.4%)
Profit attributable to owners of the parent¥8,600 million (YoY -1.9%)
Revision to Earnings ForecastNet Sales Not disclosed → ¥168,000 million / Operating profit Not disclosed → ¥11,900 million / Ordinary income Not disclosed → ¥12,800 million / Profit attributable to owners of the parent Not disclosed → ¥8,600 million
Annual Dividend Forecast560 Yen (prior-year actual before the stock split; current-year forecast after the stock split) → 82 Yen (prior-year actual before the stock split; current-year forecast after the stock split)(not_comparable (figures before and after the stock split))
Factors Behind Changes in Business Performance

Net sales increased in Japan, the United States, Asia and Europe, but decreased in China. Higher orders and the impact of foreign exchange rates, among other factors, led to higher net sales. Operating profit increased in the United States, Asia and Europe, while declining in Japan due to higher material costs and other factors.

Disclosure regarding the going concern assumption

No relevant matters. The notes state, "There are no applicable matters."

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 Number of companies 0 / Company name Not applicable / Excluded Number of companies 0 / Company name Not applicable
Impairment loss¥215 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥7 million, Compensation income ¥300 million / Extraordinary loss Loss on disposal of fixed assets ¥57 million, Impairment losses ¥215 million
Depreciation and amortization¥2,996 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable Yes / Subject person Not disclosed
Issued Shares at Period-End59,000,000
Treasury Shares at Period-End2,348,155
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¥82,268 million (YoY +6.1%)
Operating profit¥5,576 million (YoY +3.4%)
Ordinary income¥5,959 million (YoY +5.0%)
Profit attributable to owners of the parent¥4,335 million (YoY +5.9%)
Net income per share¥76.56
Equity ratioEnd of the current fiscal period 52.0% / End of previous period 53.2%
Total assets¥106,881 million
Net assets¥55,681 million
Cash flows from operating activities¥7,619 million
Cash flows from investing activities¥-4,461 million
Cash flows from financing activities¥-1,530 million
Cash and cash equivalents at end of period¥17,493 million
Full-year earnings forecastNet Sales ¥168,000 million (YoY +3.5%) / Operating profit ¥11,900 million (YoY +5.8%) / Ordinary income ¥12,800 million (YoY +3.4%) / Profit attributable to owners of the parent ¥8,600 million (YoY -1.9%)
Revision to Earnings ForecastNet Sales Not disclosed → ¥168,000 million / Operating profit Not disclosed → ¥11,900 million / Ordinary income Not disclosed → ¥12,800 million / Profit attributable to owners of the parent Not disclosed → ¥8,600 million
Annual Dividend Forecast560 Yen (prior-year actual before the stock split; current-year forecast after the stock split) → 82 Yen (prior-year actual before the stock split; current-year forecast after the stock split)(not_comparable (figures before and after the stock split))
Segment revenueJapan ¥37,841 million, United States ¥23,826 million, Europe ¥2,790 million, Asia ¥11,876 million, China ¥5,781 million, Other (including eliminations) ¥151 million
Segment profitJapan ¥1,035 million, United States ¥655 million, Europe ¥95 million, Asia ¥2,943 million, China ¥591 million, Other (including eliminations) ¥254 million
Regional sales¥37,841 million, ¥23,826 million, ¥2,790 million, ¥11,876 million, ¥5,781 million
Depreciation and amortization¥2,996 million
Impairment loss¥215 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥7 million, Compensation income ¥300 million / Extraordinary loss Loss on disposal of fixed assets ¥57 million, Impairment losses ¥215 million
Disclosure regarding the going concern assumptionNo relevant matters. The notes state, "There are no applicable matters."
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 Number of companies 0 / Company name Not applicable / Excluded Number of companies 0 / Company name Not applicable
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable Yes / Subject person Not disclosed
Issued Shares at Period-End59,000,000
Treasury Shares at Period-End2,348,155
Factors Behind Changes in Business PerformanceNet sales increased in Japan, the United States, Asia and Europe, but decreased in China. Higher orders and the impact of foreign exchange rates, among other factors, led to higher net sales. Operating profit increased in the United States, Asia and Europe, while declining in Japan due to higher material costs and other factors.
Items this document does not state (5)
Operating MarginPayout ratioShareholder Return PolicyOrders received and order backlogMaterial 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.

Net sales increased in Japan, the United States, Asia and Europe, driven by higher orders and the impact of foreign exchange rates, among other factors. Operating profit benefited from higher sales and cost improvements under the production transfer project in the United States, and from higher sales in Asia and Europe, while Japan was affected by higher material costs.

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 Consolidated Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 (Japanese GAAP) | T.RAD Co., Ltd. (7236) timely disclosure | Komori