Komori
Earnings7807KOWA CO.,LTD.Information and Communications, Services and Others

Second Quarter of the Fiscal Year Ending February 2027: Summary of Financial Results [Japanese GAAP] (Consolidated)

For the interim period of the fiscal year ending February 2027, revenue increased 5.5% year on year and operating profit increased 47.5%, resulting in higher revenue and profit. The full-year earnings forecast and annual dividend forecast remain unchanged from the previous forecasts.

Worth reading
48Recurring
Scored from 5 of 6 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
47.5
Year-on-year change in operating profit (%)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 March 2026 to 31 August 2026ConsolidatedJapanese GAAP
Net Sales3,524¥ millionYear on year +5.5%Progress 55.0%
Operating profit556¥ millionYear on year +47.5%Progress 73.8%
Ordinary income498¥ millionYear on year +33.0%Progress 67.8%
Net income attributable to owners of the parent326¥ millionYear on year +36.6%

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¥78.61
Financial position at period-end
Total assets5,745¥ million
of which net assets 3,926 ¥ millionEquity ratio 66.4%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.

Cash inflows and outflows
Operating+881,349
Investment-361,126
Financials-79,454
Net change+440,769

Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ thousand).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¥1,838,222 thousand
Segment revenueNursing-care and welfare equipment manufacturing and sales business ¥3,048,531 thousand (YoY +9.0%), Long-term care services business ¥126,664 thousand (YoY -18.0%), EC Business ¥349,360 thousand (YoY -16.2%)
Segment profitNursing-care and welfare equipment manufacturing and sales business ¥694,384 thousand (YoY +30.5%), Long-term care services business ¥-31,142 thousand, EC Business ¥24,823 thousand (YoY +18.8%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥6,403 million (YoY +0.2%)
Operating profit¥753 million (YoY +0.7%)
Ordinary income¥734 million (YoY +10.1%)
Profit attributable to owners of the parent¥486 million (YoY +13.9%)
Annual Dividend Forecast¥13 → ¥13(0.0%)
Factors Behind Changes in Business Performance

Orders and sales of walking aids remained firm, while expanding replacement and additional demand and progress in the adoption of new products contributed to revenue. Profit in the manufacturing and sales business increased due to improvements in production efficiency and the effects of cost-reduction measures. Meanwhile, the care services business posted lower revenue due in part to the impact of a change in the fiscal year-end of a consolidated subsidiary, and the e-commerce business posted lower revenue due in part to the backlash from advertising and sales promotion measures implemented 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 consolidationNewly consolidated: 0 companies; excluded from consolidation: 0 companies (material changes to the scope of consolidation during the period: None)
Material subsequent eventsNo applicable matters.
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥5,176 thousand / Extraordinary loss Not disclosed
Depreciation and amortization¥72,666 thousand
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingNo (no target participants specified)
Issued Shares at Period-End5,032,630 shares
Treasury Shares at Period-End877,134 shares
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 March 2026 to 31 August 2026
Net Sales¥3,524 million (YoY +5.5%)
Operating profit¥556 million (YoY +47.5%)
Ordinary income¥498 million (YoY +33.0%)
Profit attributable to owners of the parent¥326 million (YoY +36.6%)
Net income per share¥78.61
Equity ratioEnd of the current fiscal period 66.4 / End of previous period 67.4
Total assets¥5,745 million
Net assets¥3,926 million
Cash flows from operating activities¥881,349 thousand
Cash flows from investing activities¥-361,126 thousand
Cash flows from financing activities¥-79,454 thousand
Cash and cash equivalents at end of period¥1,838,222 thousand
Full-year earnings forecastNet Sales ¥6,403 million (YoY +0.2%) / Operating profit ¥753 million (YoY +0.7%) / Ordinary income ¥734 million (YoY +10.1%) / Profit attributable to owners of the parent ¥486 million (YoY +13.9%)
Annual Dividend Forecast¥13 → ¥13(0.0%)
Segment revenueNursing-care and welfare equipment manufacturing and sales business ¥3,048,531 thousand (YoY +9.0%), Long-term care services business ¥126,664 thousand (YoY -18.0%), EC Business ¥349,360 thousand (YoY -16.2%)
Segment profitNursing-care and welfare equipment manufacturing and sales business ¥694,384 thousand (YoY +30.5%), Long-term care services business ¥-31,142 thousand, EC Business ¥24,823 thousand (YoY +18.8%)
Depreciation and amortization¥72,666 thousand
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥5,176 thousand / Extraordinary loss 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 consolidationNewly consolidated: 0 companies; excluded from consolidation: 0 companies (material changes to the scope of consolidation during the period: None)
Material subsequent eventsNo applicable matters.
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingNo (no target participants specified)
Issued Shares at Period-End5,032,630 shares
Treasury Shares at Period-End877,134 shares
Factors Behind Changes in Business PerformanceOrders and sales of walking aids remained firm, while expanding replacement and additional demand and progress in the adoption of new products contributed to revenue. Profit in the manufacturing and sales business increased due to improvements in production efficiency and the effects of cost-reduction measures. Meanwhile, the care services business posted lower revenue due in part to the impact of a change in the fiscal year-end of a consolidated subsidiary, and the e-commerce business posted lower revenue due in part to the backlash from advertising and sales promotion measures implemented in the same period of the previous year.
Items this document does not state (7)
Operating MarginRevision to Earnings ForecastPayout ratioShareholder Return PolicyRegional 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.

Orders and sales of the company’s core product, walking aids, remained firm. Replacement and additional demand, as well as the adoption of new products, also contributed to revenue. On the profit front, improvements in production efficiency and the effects of cost-reduction measures progressed.

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.
Second Quarter of the Fiscal Year Ending February 2027: Summary of Financial Results [Japanese GAAP] (Consolidated) | KOWA CO.,LTD. (7807) timely disclosure | Komori