Komori
Earnings7590TAKASHO CO.,LTD.Trading & Wholesale

First-Quarter Financial Results for the Fiscal Year Ending January 2027 (Japanese GAAP, Consolidated)

In the first quarter, net sales decreased 2.6% year on year and operating profit decreased 59.1%. However, ordinary profit and net income attributable to owners of the parent turned from losses into profits, mainly due to foreign exchange gains. The full-year earnings forecasts and annual dividend forecast remain unchanged.

Worth reading
47Recurring
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
-146
¥ millions (year-on-year change in operating income)
Wording
Conditional
How definitive the wording is.

Results for this period

First quarter21 January 2026 to 20 April 2026ConsolidatedJapanese GAAP
Net Sales5,651¥ millionYear on year -2.6%Progress 24.6%
Operating profit101¥ millionYear on year -59.1%Progress 20.2%
Ordinary income161¥ millionProgress 31.0%
Net income attributable to owners of the parent48¥ millionProgress 40.0%

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 share¥2.87
Financial position at period-end
Total assets25,515¥ million
of which net assets 12,948 ¥ millionEquity ratio 50.1%vs. prior year-end -4.1pt

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 revenueSegment Japan / Current fiscal year ¥4,792,954 thousand / Prior-year period ¥4,818,571 thousand / Year on year against the same period last year Not disclosed, Segment Europe / Current fiscal year ¥228,306 thousand / Prior-year period ¥285,184 thousand / Year on year against the same period last year Not disclosed, Segment China / Current fiscal year ¥361,645 thousand / Prior-year period ¥387,497 thousand / Year on year against the same period last year Not disclosed, Segment South Korea / Current fiscal year ¥34,281 thousand / Prior-year period ¥41,698 thousand / Year on year against the same period last year Not disclosed, Segment United States / Current fiscal year ¥164,396 thousand / Prior-year period ¥212,947 thousand / Year on year against the same period last year Not disclosed
Segment profitSegment Japan / Current fiscal year ¥290,236 thousand / Prior-year period ¥258,241 thousand / Year on year against the same period last year Not disclosed, Segment Europe / Current fiscal year ¥-80,463 thousand / Prior-year period ¥-36,849 thousand / Year on year against the same period last year Not disclosed, Segment China / Current fiscal year ¥2,104 thousand / Prior-year period ¥82,945 thousand / Year on year against the same period last year Not disclosed, Segment South Korea / Current fiscal year ¥-22,045 thousand / Prior-year period ¥-26,404 thousand / Year on year against the same period last year Not disclosed, Segment United States / Current fiscal year ¥-51,077 thousand / Prior-year period ¥-74,912 thousand / Year on year against the same period last year Not disclosed
Regional salesRegion Japan / Current fiscal year ¥4,792,954 thousand / Prior-year period ¥4,818,571 thousand, Region Europe / Current fiscal year ¥228,306 thousand / Prior-year period ¥285,184 thousand, Region China / Current fiscal year ¥361,645 thousand / Prior-year period ¥387,497 thousand, Region South Korea / Current fiscal year ¥34,281 thousand / Prior-year period ¥41,698 thousand, Region United States / Current fiscal year ¥164,396 thousand / Prior-year period ¥212,947 thousand, Region Other / Current fiscal year ¥69,622 thousand / Prior-year period ¥53,524 thousand
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥22,961 million (YoY +13.4%)
Operating profit¥501 million (YoY +129.0%)
Ordinary income¥520 million (YoY -27.5%)
Net income¥120 million (YoY -39.6%)
Annual Dividend Forecast¥5.00 → ¥5.00(0.0%)
Factors Behind Changes in Business Performance

Net sales decreased due to sluggish same-store sales in the home-use business, delays in introducing some new products, and stagnant consumption in overseas businesses. Although the gross profit margin declined by 1.9 percentage points because of rising raw material costs, operating profit was secured through improved profit margins at overseas sales subsidiaries, a decrease in the deduction for unrealized gains resulting from inventory reductions, and lower selling, general and administrative expenses. Foreign exchange gains of ¥68 million were recorded, an improvement from the foreign exchange loss of ¥343 million in the same period of the previous year.

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
Impairment lossNo applicable matters.
Breakdown of extraordinary income (loss)Category Extraordinary gains / Item No / Amount Not disclosed, Category Extraordinary Losses / Item No / Amount Not disclosed
Depreciation and amortization¥196,168 thousand
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable Yes / Subject person For institutional investors and analysts
Issued Shares at Period-End17,590,114 Shares
Treasury Shares at Period-End731,661 Shares
Results for this period
ItemDetails
Fiscal Period ClassificationFirst quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered21 January 2026 to 20 April 2026
Net Sales¥5,651 million (YoY -2.6%)
Operating profit¥101 million (YoY -59.1%)
Ordinary income¥161 million
Profit attributable to owners of the parent¥48 million
Net income per share¥2.87
Equity ratioEnd of the current fiscal period 50.1 / End of previous period 54.2
Total assets¥25,515 million
Net assets¥12,948 million
Full-year earnings forecastNet Sales ¥22,961 million (YoY +13.4%) / Operating profit ¥501 million (YoY +129.0%) / Ordinary income ¥520 million (YoY -27.5%) / Net income ¥120 million (YoY -39.6%)
Annual Dividend Forecast¥5.00 → ¥5.00(0.0%)
Segment revenueSegment Japan / Current fiscal year ¥4,792,954 thousand / Prior-year period ¥4,818,571 thousand / Year on year against the same period last year Not disclosed, Segment Europe / Current fiscal year ¥228,306 thousand / Prior-year period ¥285,184 thousand / Year on year against the same period last year Not disclosed, Segment China / Current fiscal year ¥361,645 thousand / Prior-year period ¥387,497 thousand / Year on year against the same period last year Not disclosed, Segment South Korea / Current fiscal year ¥34,281 thousand / Prior-year period ¥41,698 thousand / Year on year against the same period last year Not disclosed, Segment United States / Current fiscal year ¥164,396 thousand / Prior-year period ¥212,947 thousand / Year on year against the same period last year Not disclosed
Segment profitSegment Japan / Current fiscal year ¥290,236 thousand / Prior-year period ¥258,241 thousand / Year on year against the same period last year Not disclosed, Segment Europe / Current fiscal year ¥-80,463 thousand / Prior-year period ¥-36,849 thousand / Year on year against the same period last year Not disclosed, Segment China / Current fiscal year ¥2,104 thousand / Prior-year period ¥82,945 thousand / Year on year against the same period last year Not disclosed, Segment South Korea / Current fiscal year ¥-22,045 thousand / Prior-year period ¥-26,404 thousand / Year on year against the same period last year Not disclosed, Segment United States / Current fiscal year ¥-51,077 thousand / Prior-year period ¥-74,912 thousand / Year on year against the same period last year Not disclosed
Regional salesRegion Japan / Current fiscal year ¥4,792,954 thousand / Prior-year period ¥4,818,571 thousand, Region Europe / Current fiscal year ¥228,306 thousand / Prior-year period ¥285,184 thousand, Region China / Current fiscal year ¥361,645 thousand / Prior-year period ¥387,497 thousand, Region South Korea / Current fiscal year ¥34,281 thousand / Prior-year period ¥41,698 thousand, Region United States / Current fiscal year ¥164,396 thousand / Prior-year period ¥212,947 thousand, Region Other / Current fiscal year ¥69,622 thousand / Prior-year period ¥53,524 thousand
Depreciation and amortization¥196,168 thousand
Impairment lossNo applicable matters.
Breakdown of extraordinary income (loss)Category Extraordinary gains / Item No / Amount Not disclosed, Category Extraordinary Losses / Item No / Amount Not disclosed
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 MaterialsYes
Availability of Financial Results BriefingWhether applicable Yes / Subject person For institutional investors and analysts
Issued Shares at Period-End17,590,114 Shares
Treasury Shares at Period-End731,661 Shares
Factors Behind Changes in Business PerformanceNet sales decreased due to sluggish same-store sales in the home-use business, delays in introducing some new products, and stagnant consumption in overseas businesses. Although the gross profit margin declined by 1.9 percentage points because of rising raw material costs, operating profit was secured through improved profit margins at overseas sales subsidiaries, a decrease in the deduction for unrealized gains resulting from inventory reductions, and lower selling, general and administrative expenses. Foreign exchange gains of ¥68 million were recorded, an improvement from the foreign exchange loss of ¥343 million in the same period of the previous year.
Items this document does not state (10)
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 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 were affected by sluggish same-store sales in the home-use business, delays in introducing some new products, and stagnant consumption in overseas businesses. Operating profit was adversely affected by higher manufacturing costs due to rising raw material costs, while improvements in the profit margins of overseas sales subsidiaries, a decrease in the deduction for unrealized gains resulting from inventory reductions, and lower selling, general and administrative expenses contributed positively. Ordinary profit and net income benefited from the change from a foreign exchange loss in the same period of the previous year to a foreign exchange gain in the current period.

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First-Quarter Financial Results for the Fiscal Year Ending January 2027 (Japanese GAAP, Consolidated) | TAKASHO CO.,LTD. (7590) timely disclosure | Komori