Komori
Earnings8011SANYO SHOKAI LTD.Materials and Chemicals

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

Revenue for the interim period fell below the year-earlier level, while operating, ordinary and net losses all widened. Gross margin improved and costs were controlled, but this did not offset the decline in gross profit resulting from lower revenue.

Worth reading
58In focus
Scored from 5 of 6 sections
Direction
Deterioration
Direction inferred from the company’s description.
Scale
-4
% (year-on-year change in revenue)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 March 2026 to 31 August 2026ConsolidatedJapanese GAAP
Net Sales25,953¥ millionYear on year -4.0%Progress 43.3%
Operating profit-499¥ million
Ordinary income-421¥ million
Net income attributable to owners of the parent-555¥ 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¥(18.58)
Financial position at period-end
Total assets54,039¥ million
of which net assets 37,024 ¥ millionEquity ratio 68.5%vs. prior year-end +0.2pt

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¥60,000 million (YoY +2.7%)
Operating profit¥2,100 million (YoY +61.7%)
Ordinary income¥2,000 million (YoY +39.3%)
Net income¥4,020 million (YoY -2.3%)
Revision to Earnings ForecastNo
Annual Dividend Forecast¥139 → — (after stock split; ¥169 without taking the stock split into account)(21.6% (without taking the stock split into account))
Factors Behind Changes in Business Performance

Revenue declined because sales to individual customers remained sluggish amid continued cautious consumer spending and the number of stores decreased, mainly through department-store channels. Gross margin improved and selling, general and administrative expenses were controlled through the optimization of sales promotion measures, restraint in discount sales and company-wide cost controls, but these measures did not offset the decline in gross profit resulting from lower revenue.

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 0 / Excluded 0 / Company name None
Material subsequent eventsShare repurchases, a stock split, amendments to the Articles of Incorporation accompanying the stock split, and changes to the shareholder benefit program (enhancement).
Impairment loss¥6 million
Breakdown of extraordinary income (loss)Extraordinary income Not disclosed / Extraordinary loss Impairment Losses ¥6 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable Yes / Subject person Media representatives, institutional investors and analysts
Issued Shares at Period-End30,591,102 Shares
Treasury Shares at Period-End1,363,245 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¥25,953 million (YoY -4.0%)
Operating profit¥-499 million
Ordinary income¥-421 million
Profit attributable to owners of the parent¥-555 million
Net income per share¥(18.58)
Equity ratioEnd of the current fiscal period 68.5 / End of previous period 68.3
Total assets¥54,039 million
Net assets¥37,024 million
Full-year earnings forecastNet Sales ¥60,000 million (YoY +2.7%) / Operating profit ¥2,100 million (YoY +61.7%) / Ordinary income ¥2,000 million (YoY +39.3%) / Net income ¥4,020 million (YoY -2.3%)
Revision to Earnings ForecastNo
Annual Dividend Forecast¥139 → — (after stock split; ¥169 without taking the stock split into account)(21.6% (without taking the stock split into account))
Impairment loss¥6 million
Breakdown of extraordinary income (loss)Extraordinary income Not disclosed / Extraordinary loss Impairment Losses ¥6 million
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 0 / Excluded 0 / Company name None
Material subsequent eventsShare repurchases, a stock split, amendments to the Articles of Incorporation accompanying the stock split, and changes to the shareholder benefit program (enhancement).
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable Yes / Subject person Media representatives, institutional investors and analysts
Issued Shares at Period-End30,591,102 Shares
Treasury Shares at Period-End1,363,245 Shares
Factors Behind Changes in Business PerformanceRevenue declined because sales to individual customers remained sluggish amid continued cautious consumer spending and the number of stores decreased, mainly through department-store channels. Gross margin improved and selling, general and administrative expenses were controlled through the optimization of sales promotion measures, restraint in discount sales and company-wide cost controls, but these measures did not offset the decline in gross profit resulting from lower revenue.
Items this document does not state (12)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodPayout ratioShareholder Return PolicySegment revenueSegment profitRegional salesOrders received and order backlogDepreciation and amortization

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 main factors were sluggish sales to individual customers amid continued cautious consumer spending and lower revenue due to a decline in the number of stores, mainly through department-store channels. Gross margin improved and selling, general and administrative expenses were reduced through the optimization of sales promotion measures, restraint in discount sales and company-wide cost controls, but these measures did not offset the decline in gross profit.

How to read this page

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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) | SANYO SHOKAI LTD. (8011) timely disclosure | Komori