Komori
Earnings8014CHORI CO.,LTD.Trading & Wholesale

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

For the first half of the fiscal year ending March 2027, revenue, operating profit, ordinary profit and interim net income attributable to owners of the parent all exceeded the year-earlier period. The full-year earnings forecast remains unchanged, while the annual dividend is expected to increase to ¥171 from the previous fiscal year's actual dividend of ¥147.

Worth reading
37Immaterial
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
8
% (year-on-year change in net sales)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAP
Net Sales156,546¥ millionYear on year +8.0%Progress 48.9%
Operating profit7,275¥ millionYear on year +10.1%Progress 50.2%
Ordinary income7,906¥ millionYear on year +15.5%Progress 52.7%
Net income attributable to owners of the parent5,646¥ millionYear on year +10.4%Progress 53.8%

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¥228.95
Financial position at period-end
Total assets159,356¥ million
of which net assets 107,569 ¥ millionEquity ratio 67.4%vs. prior year-end +0.7pt

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+5,233
Investment-746
Financials-2,041
Net change+2,446

Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).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¥31,224 million
Segment revenueTextiles Business ¥74,188 million (YoY +7.1%), Chemical Products Business ¥81,945 million (YoY +8.8%), Other ¥413 million
Segment profitTextiles Business ¥3,392 million (YoY -1.1%), Chemical Products Business ¥4,041 million (YoY +5.1%), Other ¥272 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥320,000 million (YoY +6.9%)
Operating profit¥14,500 million (YoY +11.1%)
Ordinary income¥15,000 million (YoY +5.7%)
Net income¥10,500 million (YoY -12.6%)
Annual Dividend Forecast¥147 → ¥171
Factors Behind Changes in Business Performance

In the textiles business, sales of textile materials, civil engineering materials and functional materials remained firm, but stagnant textile sales to the Middle East, higher logistics costs and weak apparel-related sales weighed on profit. In the chemicals business, results benefited from capturing demand amid supply concerns and rising market prices stemming from the situation in the Middle East, passing higher costs through to prices and growth in functional raw materials.

Disclosure regarding the going concern assumption

No applicable items

Change in accounting policy
基準改正に伴う変更 Yes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 companies / Excluded 0 companies / Company name None
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of investment securities ¥1 million, Gain on sale of non-current assets ¥1 million / Extraordinary loss Impairment Losses on Investment Securities ¥29 million, Loss on disposal of property, plant and equipment ¥2 million
Depreciation and amortization¥900 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for institutional investors and analysts)
Issued Shares at Period-End25,303,478 shares
Treasury Shares at Period-End614,605 shares
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 September 2026
Net Sales¥156,546 million (YoY +8.0%)
Operating profit¥7,275 million (YoY +10.1%)
Ordinary income¥7,906 million (YoY +15.5%)
Profit attributable to owners of the parent¥5,646 million (YoY +10.4%)
Net income per share¥228.95
Equity ratioEnd of the current fiscal period 67.4% / End of previous period 66.7%
Total assets¥159,356 million
Net assets¥107,569 million
Cash flows from operating activities¥5,233 million
Cash flows from investing activities¥-746 million
Cash flows from financing activities¥-2,041 million
Cash and cash equivalents at end of period¥31,224 million
Full-year earnings forecastNet Sales ¥320,000 million (YoY +6.9%) / Operating profit ¥14,500 million (YoY +11.1%) / Ordinary income ¥15,000 million (YoY +5.7%) / Net income ¥10,500 million (YoY -12.6%)
Annual Dividend Forecast¥147 → ¥171
Segment revenueTextiles Business ¥74,188 million (YoY +7.1%), Chemical Products Business ¥81,945 million (YoY +8.8%), Other ¥413 million
Segment profitTextiles Business ¥3,392 million (YoY -1.1%), Chemical Products Business ¥4,041 million (YoY +5.1%), Other ¥272 million
Depreciation and amortization¥900 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of investment securities ¥1 million, Gain on sale of non-current assets ¥1 million / Extraordinary loss Impairment Losses on Investment Securities ¥29 million, Loss on disposal of property, plant and equipment ¥2 million
Disclosure regarding the going concern assumptionNo applicable items
Change in accounting policyChanges due to revisions to standards Yes / Other changes No / Change in accounting estimate No / Restatement No
Changes in the scope of consolidationNew 0 companies / Excluded 0 companies / Company name None
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for institutional investors and analysts)
Issued Shares at Period-End25,303,478 shares
Treasury Shares at Period-End614,605 shares
Factors Behind Changes in Business PerformanceIn the textiles business, sales of textile materials, civil engineering materials and functional materials remained firm, but stagnant textile sales to the Middle East, higher logistics costs and weak apparel-related sales weighed on profit. In the chemicals business, results benefited from capturing demand amid supply concerns and rising market prices stemming from the situation in the Middle East, passing higher costs through to prices and growth in functional raw materials.
Items this document does not state (8)
Operating MarginRevision to Earnings ForecastPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogImpairment lossMaterial 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.

In the textiles business, sales of textile materials, civil engineering materials and functional materials remained firm, but profit declined due to stagnant textile sales to the Middle East, higher logistics costs and weak apparel-related sales. In the chemicals business, results benefited from capturing demand amid supply concerns and rising market prices stemming from the situation in the Middle East, passing higher costs through to prices and growth in functional raw materials.

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Consolidated Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 (Japanese GAAP) | CHORI CO.,LTD. (8014) timely disclosure | Komori