Komori
Earnings7292MURAKAMI CORPORATIONAutomobiles and transportation equipment

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

First-quarter revenue increased 11.9% year on year, mainly due to higher sales volumes of automotive rear-view mirrors, while operating profit decreased 17.9% due to higher material costs and increased U.S. tariff expenses. The full-year earnings forecast and annual dividend forecast remain unchanged.

Worth reading
43Recurring
Scored from 5 of 6 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
11.9
% (year-on-year change in revenue)
Wording
Conditional
How definitive the wording is.

Results for this period

First quarter1 April 2026 to 30 June 2026ConsolidatedJapanese GAAP
Net Sales29,792¥ millionYear on year +11.9%Progress 25.5%
Operating profit1,944¥ millionYear on year -17.9%Progress 22.3%
Ordinary income2,620¥ millionYear on year -10.1%Progress 27.0%
Net income attributable to owners of the parent1,643¥ millionYear on year -13.8%Progress 27.8%

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¥141.91
Financial position at period-end
Total assets124,095¥ million
of which net assets 98,523 ¥ millionEquity ratio 77.0%vs. prior year-end -0.6pt

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.

Segment revenueJapan ¥13,060 million (YoY +4.4%), Asia ¥8,159 million (YoY +15.6%), North America ¥8,572 million (YoY +21.4%)
Segment profitJapan ¥321 million (YoY -12.1%), Asia ¥1,159 million (YoY +8.5%), North America ¥311 million (YoY -56.6%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥117,000 million (YoY +1.2%)
Operating profit¥8,700 million (YoY -5.0%)
Ordinary income¥9,700 million (YoY -6.8%)
Net income¥5,900 million (YoY -2.9%)
Annual Dividend Forecast¥240 → ¥240(0.0%)
Factors Behind Changes in Business Performance

Revenue increased due to higher sales volumes of automotive rear-view mirrors in Japan, Thailand and the United States, as well as the impact of foreign exchange translation. Operating profit decreased despite the positive impact of higher revenue, due to higher material costs in Japan and increased tariff expenses in the United States.

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 Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥0 million / Extraordinary loss Losses on disposal of fixed assets ¥2 million
Depreciation and amortization¥1,090 million
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End12,100,000
Treasury Shares at Period-End514,947
Results for this period
ItemDetails
Fiscal Period ClassificationFirst quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 June 2026
Net Sales¥29,792 million (YoY +11.9%)
Operating profit¥1,944 million (YoY -17.9%)
Ordinary income¥2,620 million (YoY -10.1%)
Profit attributable to owners of the parent¥1,643 million (YoY -13.8%)
Net income per share¥141.91
Equity ratioEnd of the current fiscal period 77.0% / End of previous period 77.6%
Total assets¥124,095 million
Net assets¥98,523 million
Full-year earnings forecastNet Sales ¥117,000 million (YoY +1.2%) / Operating profit ¥8,700 million (YoY -5.0%) / Ordinary income ¥9,700 million (YoY -6.8%) / Net income ¥5,900 million (YoY -2.9%)
Annual Dividend Forecast¥240 → ¥240(0.0%)
Segment revenueJapan ¥13,060 million (YoY +4.4%), Asia ¥8,159 million (YoY +15.6%), North America ¥8,572 million (YoY +21.4%)
Segment profitJapan ¥321 million (YoY -12.1%), Asia ¥1,159 million (YoY +8.5%), North America ¥311 million (YoY -56.6%)
Depreciation and amortization¥1,090 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥0 million / Extraordinary loss Losses on disposal of fixed assets ¥2 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 Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End12,100,000
Treasury Shares at Period-End514,947
Factors Behind Changes in Business PerformanceRevenue increased due to higher sales volumes of automotive rear-view mirrors in Japan, Thailand and the United States, as well as the impact of foreign exchange translation. Operating profit decreased despite the positive impact of higher revenue, due to higher material costs in Japan and increased tariff expenses in the United States.
Items this document does not state (12)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodRevision to Earnings ForecastPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogImpairment lossMaterial 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.

Revenue increased due to higher sales volumes of automotive rear-view mirrors in Japan, Thailand and the United States, as well as the impact of foreign exchange translation. Operating profit decreased due to higher material costs in Japan and increased tariff expenses in the United States. The full-year forecast does not reflect the impact of a deterioration in the situation in the Middle East.

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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 First Quarter of the Fiscal Year Ending March 2027 (Japanese GAAP) (Consolidated) | MURAKAMI CORPORATION (7292) timely disclosure | Komori