Komori
Results8020KANEMATSU CORPORATIONTrading & Wholesale

Summary of Consolidated Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [IFRS]

For the interim period of the fiscal year ending March 2027, revenue, operating profit, and interim profit attributable to owners of the parent exceeded the year-earlier levels, resulting in higher revenue and profits. The full-year forecasts for revenue, operating profit, and profit were revised upward, and the annual dividend forecast was revised to ¥77.

Worth reading
64In focus
Scored from 5 of 6 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
45.1
Year-on-year change in operating income (%)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedIFRS
Net Sales571,910Millions of yenYear on year +11.4%Progress 49.7%
Operating profit36,558Millions of yenYear on year +45.1%Progress 60.9%
Ordinary income35,963Millions of yenYear on year +48.1%Progress 64.2%
Net income attributable to owners of the parent24,414Millions of yenYear on year +51.3%Progress 63.4%

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¥146.71
Financial position at period-end
Total assets742,178Millions of yen
of which net assets 238,983 Millions of yenEquity ratio 30.2%vs. prior year-end +1.8pt

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+15,587
Investment-8,803
Financials-16,521
Net change-9,737

Stacked from zero: upward is an increase in cash, downward a decrease (in Millions of yen).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 period48,671 Millions of yen
Segment revenue
ICT Solutions62,62711.0%
Electronics and Devices158,19627.7%
Food186,59832.7%
Steel, Materials and Plants95,04316.6%
Vehicles and Aviation68,48912.0%
Segment profit
ICT Solutions5,66323.3%
Electronics and Devices7,82732.2%
Food4,74619.6%
Steel, Materials and Plants3,18413.1%
Vehicles and Aviation2,85211.8%
Outlook and shareholder returns
Full-year earnings forecast
Net Sales1,150,000 Millions of yen (YoY +7.7%)
Operating profit60,000 Millions of yen (YoY +23.3%)
Ordinary income56,000 Millions of yen (YoY +18.8%)
Net income38,500 Millions of yen (YoY +18.4%)
Revision to Earnings ForecastNet Sales 1,100,000 Millions of yen → 1,150,000 Millions of yen(+4.6%) / Operating profit 54,000 Millions of yen → 60,000 Millions of yen(+11.1%) / Ordinary income 50,000 Millions of yen → 56,000 Millions of yen(+12.0%) / Net income 35,000 Millions of yen → 38,500 Millions of yen(+10.0%) / Earnings per share 210.41 Yen → 231.36 Yen(+10.0%)
Annual Dividend Forecast63 Yen → 77 Yen(+22.2%)
Factors Behind Changes in Business Performance

The ICT Solutions business and the semiconductor components and manufacturing equipment business performed strongly. Growth in the Food business, improved transactions in the Livestock business, and increased transactions in the Energy business contributed.

Disclosure regarding the going concern assumption

No applicable matters

Change in accounting policy
基準改正に伴う変更 Noneそれ以外の変更 None見積りの変更 None修正再表示 Not disclosed
Changes in the scope of consolidationNew Not disclosed / Excluded Not disclosed / Material changes None
Material subsequent eventsOn 16 October 2026, Kanematsu Electronics acquired all shares of BCJ-61 and made IDAJ and other companies consolidated subsidiaries. There is also a possibility that all GSX shares will be sold after the tender offer for GSX shares is successfully completed. If completed, profit attributable to owners of the parent is expected to increase by approximately ¥14.5 billion.
Impairment loss10 Millions of yen
Depreciation and amortization8,600 Millions of yen
Availability of Supplementary Financial Results MaterialsAvailable
Availability of Financial Results BriefingYes (audience: Not disclosed)
Issued Shares at Period-End169,000,404 Shares
Treasury Shares at Period-End2,589,825 Shares
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsIFRS
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 September 2026
Net Sales571,910 Millions of yen (YoY +11.4%)
Operating profit36,558 Millions of yen (YoY +45.1%)
Ordinary income35,963 Millions of yen (YoY +48.1%)
Profit attributable to owners of the parent24,414 Millions of yen (YoY +51.3%)
Net income per share¥146.71
Equity ratioEnd of the current fiscal period 30.2 / End of previous period 28.4
Total assets742,178 Millions of yen
Net assets238,983 Millions of yen
Cash flows from operating activities15,587 Millions of yen
Cash flows from investing activities-8,803 Millions of yen
Cash flows from financing activities-16,521 Millions of yen
Cash and cash equivalents at end of period48,671 Millions of yen
Full-year earnings forecastNet Sales 1,150,000 Millions of yen (YoY +7.7%) / Operating profit 60,000 Millions of yen (YoY +23.3%) / Ordinary income 56,000 Millions of yen (YoY +18.8%) / Net income 38,500 Millions of yen (YoY +18.4%)
Revision to Earnings ForecastNet Sales 1,100,000 Millions of yen → 1,150,000 Millions of yen(+4.6%) / Operating profit 54,000 Millions of yen → 60,000 Millions of yen(+11.1%) / Ordinary income 50,000 Millions of yen → 56,000 Millions of yen(+12.0%) / Net income 35,000 Millions of yen → 38,500 Millions of yen(+10.0%) / Earnings per share 210.41 Yen → 231.36 Yen(+10.0%)
Annual Dividend Forecast63 Yen → 77 Yen(+22.2%)
Segment revenueICT Solutions 62,627 Millions of yen / Electronics and Devices 158,196 Millions of yen / Food 186,598 Millions of yen / Steel, Materials and Plants 95,043 Millions of yen / Vehicles and Aviation 68,489 Millions of yen
Segment profitICT Solutions 5,663 Millions of yen / Electronics and Devices 7,827 Millions of yen / Food 4,746 Millions of yen / Steel, Materials and Plants 3,184 Millions of yen / Vehicles and Aviation 2,852 Millions of yen
Depreciation and amortization8,600 Millions of yen
Impairment loss10 Millions of yen
Disclosure regarding the going concern assumptionNo applicable matters
Change in accounting policyChanges due to revisions to standards None / Other changes None / Change in accounting estimate None / Restatement Not disclosed
Changes in the scope of consolidationNew Not disclosed / Excluded Not disclosed / Material changes None
Material subsequent eventsOn 16 October 2026, Kanematsu Electronics acquired all shares of BCJ-61 and made IDAJ and other companies consolidated subsidiaries. There is also a possibility that all GSX shares will be sold after the tender offer for GSX shares is successfully completed. If completed, profit attributable to owners of the parent is expected to increase by approximately ¥14.5 billion.
Availability of Supplementary Financial Results MaterialsAvailable
Availability of Financial Results BriefingYes (audience: Not disclosed)
Issued Shares at Period-End169,000,404 Shares
Treasury Shares at Period-End2,589,825 Shares
Factors Behind Changes in Business PerformanceThe ICT Solutions business and the semiconductor components and manufacturing equipment business performed strongly. Growth in the Food business, improved transactions in the Livestock business, and increased transactions in the Energy business contributed.
Items this document does not state (6)
Operating MarginPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogBreakdown of extraordinary income (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.

In addition to strong performance in the ICT Solutions business and the semiconductor components and manufacturing equipment business, growth in the Food business, improved transactions in the Livestock business, and increased transactions in the Energy business contributed to higher revenue and profits. The full-year forecast was revised after taking into account the strong performance of the semiconductor-related, Food, Livestock, and Energy businesses, as well as uncertainty about the outlook for the second half and investment-related expenses.

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