Komori
Results7820NIHON FLUSH CO.,LTD.Information and Communications, Services and Others

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

In the first half of the fiscal year ending March 2027, revenue fell 14.4% year on year, while operating profit, ordinary profit and net profit all turned to losses. The full-year earnings forecast and annual dividend forecast remain unchanged.

Worth reading
48Recurring
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
-14.4
%
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026–30 September 2026ConsolidatedJapanese GAAP
Net Sales8,791¥ millionYear on year -14.4%Progress 41.9%
Operating profit-158¥ million
Ordinary income-116¥ million
Net income attributable to owners of the parent-403¥ million

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-¥17.71
Financial position at period-end
Total assets44,913¥ million
of which net assets 33,593 ¥ millionEquity ratio 73.2%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.

Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥21,000 million (YoY -10.5%)
Operating profit¥1,400 million (YoY -19.8%)
Ordinary income¥1,450 million (YoY -28.8%)
Net income¥900 million (YoY -36.4%)
Annual Dividend Forecast¥36 → ¥36(0.0%)
Factors Behind Changes in Business Performance

In Japan, the company worked to reduce costs through price revisions and productivity improvements, while in China it pursued business structural reforms, including diversifying its products, sales channels and target countries. The China business had factored in declines in production and sales volumes from the outset. In Japan, rising raw material prices, labor costs and logistics costs and difficult housing market conditions affected the operating environment, while in China, the downturn in the real estate sector and sluggish consumption affected performance.

Disclosure regarding the going concern assumption

There are 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 loss¥28,238 thousand
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥3,530 thousand, Gain on sale of investment property ¥49,591 thousand / Extraordinary loss Loss on sale of non-current assets ¥224 thousand, Loss on retirement of non-current assets ¥33 thousand, Impairment Losses ¥28,238 thousand, Loss on sale of investment property ¥186,164 thousand
Depreciation and amortization¥104,439 thousand
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End25,060,000 shares
Treasury Shares at Period-End2,303,267 shares
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026–30 September 2026
Net Sales¥8,791 million (YoY -14.4%)
Operating profit¥-158 million
Ordinary income¥-116 million
Profit attributable to owners of the parent¥-403 million
Net income per share-¥17.71
Equity ratioEnd of the current fiscal period 73.2 / End of previous period 71.7
Total assets¥44,913 million
Net assets¥33,593 million
Full-year earnings forecastNet Sales ¥21,000 million (YoY -10.5%) / Operating profit ¥1,400 million (YoY -19.8%) / Ordinary income ¥1,450 million (YoY -28.8%) / Net income ¥900 million (YoY -36.4%)
Annual Dividend Forecast¥36 → ¥36(0.0%)
Depreciation and amortization¥104,439 thousand
Impairment loss¥28,238 thousand
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥3,530 thousand, Gain on sale of investment property ¥49,591 thousand / Extraordinary loss Loss on sale of non-current assets ¥224 thousand, Loss on retirement of non-current assets ¥33 thousand, Impairment Losses ¥28,238 thousand, Loss on sale of investment property ¥186,164 thousand
Disclosure regarding the going concern assumptionThere are no 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-End25,060,000 shares
Treasury Shares at Period-End2,303,267 shares
Factors Behind Changes in Business PerformanceIn Japan, the company worked to reduce costs through price revisions and productivity improvements, while in China it pursued business structural reforms, including diversifying its products, sales channels and target countries. The China business had factored in declines in production and sales volumes from the outset. In Japan, rising raw material prices, labor costs and logistics costs and difficult housing market conditions affected the operating environment, while in China, the downturn in the real estate sector and sluggish consumption affected performance.
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 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.

This is because the domestic housing market remains challenging due to rising raw material prices, labor costs and logistics costs, while the structural reforms in the China business factor in declines in production and sales volumes.

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.
Summary of Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 (Japanese GAAP) (Consolidated) | NIHON FLUSH CO.,LTD. (7820) timely disclosure | Komori