Worth reading
50Recurring
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
1.3
% (year-on-year change in full-year operating profit forecast)Wording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)1 April 2026–30 September 2026ConsolidatedJapanese GAAPNet Sales123,625¥ millionYear on year -1.2%Progress 47.7%
Operating profit1,864¥ millionYear on year -4.2%Progress 38.8%
Ordinary income2,061¥ millionYear on year +4.3%Progress 44.8%
Net income attributable to owners of the parent1,294¥ millionYear on year +4.2%
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¥52.94
Financial position at period-end
Total assets191,410¥ million
of which net assets 94,486 ¥ millionEquity ratio 48.8%vs. prior year-end +1.5pt
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 revenueKyushu and Okinawa Area ¥53,417 million (YoY -6.9%), Chugoku and Shikoku Area ¥16,953 million (YoY +9.2%), Kansai and Chukyo Area ¥25,191 million (YoY -1.6%), Kanto and Tohoku Area ¥28,063 million (YoY +5.5%)
Segment profitKyushu and Okinawa Area ¥905 million (YoY -36.8%), Chugoku and Shikoku Area ¥184 million, Kansai and Chukyo Area ¥421 million (YoY +130.9%), Kanto and Tohoku Area ¥417 million (YoY +1.4%)
Regional sales¥53,417 million (YoY -6.9%), ¥16,953 million (YoY +9.2%), ¥25,191 million (YoY -1.6%), ¥28,063 million (YoY +5.5%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥259,400 million (YoY +2.5%)
Operating profit¥4,800 million (YoY +1.3%)
Ordinary income¥4,600 million (YoY -2.4%)
Profit attributable to owners of the parent¥3,000 million
Revision to Earnings ForecastNot disclosed → Net Sales 259,400 / Operating profit 4,800 / Ordinary income 4,600 / Profit attributable to owners of the parent 3,000
Annual Dividend Forecast¥69 → ¥69（0.0%）
Factors Behind Changes in Business Performance
Although sales volume increased in the Steel segment, revenue declined due to delays in construction progress in the Construction segment. Selling, general and administrative expenses increased due to higher personnel expenses associated with wage increases and staff expansion, resulting in lower operating profit. Ordinary profit and net income attributable to owners of the parent increased, however, due to higher non-operating income and other factors.
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 1 / Company name 三友鋼材株式会社 / Excluded Number of companies 0 / Company name Not disclosed
Material subsequent eventsThe company was selected for the fifth application round of the Ministry of Economy, Trade and Industry's Large-Scale Growth Investment Subsidy Program, and the award of a ¥2,463 million subsidy was approved on 23 October 2026. The company plans to recognize extraordinary income from receipt of the subsidy and an extraordinary loss from a reduction entry in the fiscal year ending March 2029 or the fiscal year ending March 2030, although the subsidy amount may change following the review process and other procedures.
Impairment lossNone recorded for the interim period (¥0 million)
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥3 million, Gain on bargain purchase ¥6 million / Extraordinary loss Not disclosed
Depreciation and amortization¥2,274 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for institutional investors)
Issued Shares at Period-End25,123,913
Treasury Shares at Period-End668,810
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026–30 September 2026 |
| Net Sales | ¥123,625 million (YoY -1.2%) |
| Operating profit | ¥1,864 million (YoY -4.2%) |
| Ordinary income | ¥2,061 million (YoY +4.3%) |
| Profit attributable to owners of the parent | ¥1,294 million (YoY +4.2%) |
| Net income per share | ¥52.94 |
| Equity ratio | End of the current fiscal period 48.8 / End of previous period 47.3 |
| Total assets | ¥191,410 million |
| Net assets | ¥94,486 million |
| Full-year earnings forecast | Net Sales ¥259,400 million (YoY +2.5%) / Operating profit ¥4,800 million (YoY +1.3%) / Ordinary income ¥4,600 million (YoY -2.4%) / Profit attributable to owners of the parent ¥3,000 million |
| Revision to Earnings Forecast | Not disclosed → Net Sales 259,400 / Operating profit 4,800 / Ordinary income 4,600 / Profit attributable to owners of the parent 3,000 |
| Annual Dividend Forecast | ¥69 → ¥69（0.0%） |
| Segment revenue | Kyushu and Okinawa Area ¥53,417 million (YoY -6.9%), Chugoku and Shikoku Area ¥16,953 million (YoY +9.2%), Kansai and Chukyo Area ¥25,191 million (YoY -1.6%), Kanto and Tohoku Area ¥28,063 million (YoY +5.5%) |
| Segment profit | Kyushu and Okinawa Area ¥905 million (YoY -36.8%), Chugoku and Shikoku Area ¥184 million, Kansai and Chukyo Area ¥421 million (YoY +130.9%), Kanto and Tohoku Area ¥417 million (YoY +1.4%) |
| Regional sales | ¥53,417 million (YoY -6.9%), ¥16,953 million (YoY +9.2%), ¥25,191 million (YoY -1.6%), ¥28,063 million (YoY +5.5%) |
| Depreciation and amortization | ¥2,274 million |
| Impairment loss | None recorded for the interim period (¥0 million) |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥3 million, Gain on bargain purchase ¥6 million / Extraordinary loss Not disclosed |
| 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 | New Number of companies 1 / Company name 三友鋼材株式会社 / Excluded Number of companies 0 / Company name Not disclosed |
| Material subsequent events | The company was selected for the fifth application round of the Ministry of Economy, Trade and Industry's Large-Scale Growth Investment Subsidy Program, and the award of a ¥2,463 million subsidy was approved on 23 October 2026. The company plans to recognize extraordinary income from receipt of the subsidy and an extraordinary loss from a reduction entry in the fiscal year ending March 2029 or the fiscal year ending March 2030, although the subsidy amount may change following the review process and other procedures. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (for institutional investors) |
| Issued Shares at Period-End | 25,123,913 |
| Treasury Shares at Period-End | 668,810 |
| Factors Behind Changes in Business Performance | Although sales volume increased in the Steel segment, revenue declined due to delays in construction progress in the Construction segment. Selling, general and administrative expenses increased due to higher personnel expenses associated with wage increases and staff expansion, resulting in lower operating profit. Ordinary profit and net income attributable to owners of the parent increased, however, due to higher non-operating income and other factors. |
Items this document does not state (8)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodPayout 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.The company states that it revised its full-year earnings forecasts in light of market trends and sales conditions for steel products, its principal products. Factors cited for the interim results include higher sales volume in the Steel segment, delays in construction progress in the Construction segment, higher personnel expenses associated with wage increases and staff expansion, and higher non-operating income.
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.