Komori

Q1 Financial Results for the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated)

In the first quarter, orders received exceeded the plan, but delays in tailoring and alterations pushed the shipment of some products into the following quarter and beyond, resulting in a 13.1% year-on-year decline in net sales. Operating profit also decreased 75.2% year on year, despite the effects of optimizing selling prices and reducing costs.

Worth reading
37Immaterial
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Deterioration
Direction inferred from the company’s description.
Scale
75.2
Year-on-year decline in operating profit (%)
Wording
Conditional
How definitive the wording is.

Results for this period

First quarter1 April 2026 to 30 June 2026ConsolidatedJapanese GAAP
Net Sales1,358million yenYear on year -13.1%Progress 22.4%
Operating profit26million yenYear on year -75.2%Progress 16.5%
Ordinary income26million yenYear on year -74.5%Progress 21.7%
Net income attributable to owners of the parent26million yenYear on year -73.2%Progress 25.0%

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¥1.26
Financial position at period-end
Total assets7,952million yen
of which net assets 3,097 million yenEquity ratio 38.9%vs. prior year-end +1.0pt

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.

Outlook and shareholder returns
Full-year earnings forecast
Net Sales6,070 million yen (YoY +2.0%)
Operating profit158 million yen (YoY -38.9%)
Ordinary income120 million yen (YoY -53.5%)
Net income104 million yen (YoY -52.9%)
Annual Dividend Forecast¥1.50 → ¥1.50(0.0%)
Factors Behind Changes in Business Performance

Orders received for furisode increased 12.2% year on year, while orders received for general kimono and other products decreased 11.7%. Because tailoring and alterations after product orders took time, the shipment of some products was pushed into the second quarter and beyond, resulting in lower net sales. Optimizing selling prices increased the gross profit margin by 1.0 percentage point, while the effects of optimizing the cost structure reduced selling, general and administrative expenses by 3.7%.

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 consolidationNewly consolidated: — companies; excluded: — companies
Material subsequent eventsAt a meeting of the Board of Directors held on 17 July 2026, the Company resolved to dispose of 40,600 common shares at ¥99 per share, for a total of ¥4,019,400, to 2 directors as restricted stock compensation. The disposal date is 14 August 2026.
Breakdown of extraordinary income (loss)Extraordinary income: none recorded; extraordinary losses: none recorded
Depreciation and amortization5,100 thousand yen
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo
Issued Shares at Period-End21,614,700 shares
Treasury Shares at Period-End915,186 shares
Results for this period
ItemDetails
Fiscal Period ClassificationFirst quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 June 2026
Net Sales1,358 million yen (YoY -13.1%)
Operating profit26 million yen (YoY -75.2%)
Ordinary income26 million yen (YoY -74.5%)
Profit attributable to owners of the parent26 million yen (YoY -73.2%)
Net income per share¥1.26
Equity ratioEnd of the current fiscal period 38.9 / End of previous period 37.9
Total assets7,952 million yen
Net assets3,097 million yen
Full-year earnings forecastNet Sales 6,070 million yen (YoY +2.0%) / Operating profit 158 million yen (YoY -38.9%) / Ordinary income 120 million yen (YoY -53.5%) / Net income 104 million yen (YoY -52.9%)
Annual Dividend Forecast¥1.50 → ¥1.50(0.0%)
Depreciation and amortization5,100 thousand yen
Breakdown of extraordinary income (loss)Extraordinary income: none recorded; extraordinary losses: none recorded
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 consolidationNewly consolidated: — companies; excluded: — companies
Material subsequent eventsAt a meeting of the Board of Directors held on 17 July 2026, the Company resolved to dispose of 40,600 common shares at ¥99 per share, for a total of ¥4,019,400, to 2 directors as restricted stock compensation. The disposal date is 14 August 2026.
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo
Issued Shares at Period-End21,614,700 shares
Treasury Shares at Period-End915,186 shares
Factors Behind Changes in Business PerformanceOrders received for furisode increased 12.2% year on year, while orders received for general kimono and other products decreased 11.7%. Because tailoring and alterations after product orders took time, the shipment of some products was pushed into the second quarter and beyond, resulting in lower net sales. Optimizing selling prices increased the gross profit margin by 1.0 percentage point, while the effects of optimizing the cost structure reduced selling, general and administrative expenses by 3.7%.
Items this document does not state (13)
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 PolicySegment revenueSegment profitRegional salesOrders received and order backlogImpairment loss

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.

Because tailoring and alterations after product orders took time, the shipment of some products was pushed into the second quarter and beyond, resulting in lower net sales. In terms of profit, the gross profit margin increased as a result of optimizing selling prices and other measures, and selling, general and administrative expenses also decreased due to the effects of optimizing the cost structure. However, upfront costs and other expenses related to future growth were incurred.

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Q1 Financial Results for the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated) | KYOTO KIMONO YUZEN HOLDINGS Co.,Ltd. (7615) timely disclosure | Komori