Komori
Earnings presentation materials8037KAMEI CORPORATIONTrading & Wholesale

Supplementary Financial Results Presentation for the Second Quarter of the Fiscal Year Ending March 2027

For the second quarter of the fiscal year ending March 2027, revenue and profit increased, driven by higher energy selling prices and other factors, with revenue and operating profit reaching record highs. The full-year forecast was unchanged from the figures announced in August.

Worth reading
51Recurring
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
27
¥100 million (year-on-year increase in operating income)
Wording
Conditional
How definitive the wording is.

Contents of this document

Supplementary materials to the earnings summarySecond quarter of the fiscal year ending March 20277 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥2,929 100 million+9.2%
Operating profit¥98 100 million+38.3%
Ordinary income¥104 100 million+36.5%
Net income¥67 100 million+42.4%
Gross Profit Margin17.7%
Operating profit margin3.4%
Selling, general and administrative expenses¥420 100 million
Full-year earnings forecast
Net Sales
¥6,249 100 million
Operating profit
¥178 100 million
Ordinary income
¥195 100 million
Profit attributable to owners of the parent
¥120 100 million
Progress against full-year forecast　通期の予想に対して、いまどこまで進んだかの割合です。
Consolidated revenue46.9%
Consolidated operating profit55.0%
Energy revenue45.8%
Food sales47.9%
Construction-related sales41.9%
Automotive-related sales50.8%
Overseas and trade sales48.2%
Pet-related sales53.8%
Pharmacy sales49.5%
Other sales43.5%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Performance to date is tracking as expected, and the outlook for the second half is unchanged from August.
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
  • Energy
    Change in amount+¥4.5 billion
  • Food
    Change in amount−¥800 million
  • Construction-Related
    Change in amount-¥0.0 billion
  • Automotive-Related Business
    Change in amount-¥100 million
  • Overseas and trading
    Change in amount-¥200 million
  • Pet-related
    Change in amount-¥0.0 billion
  • Pharmacy
    Change in amount-¥100 million
  • Other
    Change in amount-¥200 million
  • Costs, etc.
    Change in amount-¥0.0 billion
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
  • Foreign Exchange$1 = ¥160 (¥150 in the previous fiscal year)
  • Dubai crude oil priceUS$100/bbl (US$72/bbl in the previous fiscal year)
  • Government fuel oil subsidiesAssumes that the subsidies will continue despite a reduction
New initiatives
  • End operations of domestic wine importer and distributor アグリ株式会社 and proceed to liquidation
  • End operations of 4 Vietnamese wine-importing and distribution subsidiaries and proceed to liquidation
Segment results
  • Energy
    Net Sales¥140.7 billion (up 17.3% year on year)
    Segment profit¥6.4 billion (up 240.6% year on year)
  • Food
    Net Sales¥18.8 billion (down 1.0% year on year)
    Segment profit-¥400 million
  • Construction-Related
    Net Sales¥23.7 billion (down 5.0% year on year)
    Segment profit¥0.6 billion (down 5.9% year on year)
  • Automotive-Related Business
    Net Sales¥41.6 billion (up 4.8% year on year)
    Segment profit¥2.5 billion (down 6.5% year on year)
  • Overseas and trading
    Net Sales¥45.7 billion (up 8.7% year on year)
    Segment profit¥2.0 billion (down 11.4% year on year)
  • Pet-related
    Net Sales¥8.1 billion (up 5.7% year on year)
    Segment profit¥0 billion (down 38.4% year on year)
  • Pharmacy
    Net Sales¥9.6 billion (down 2.0% year on year)
    Segment profit-¥200 million
  • Other
    Net Sales¥4.3 billion (down 10.3% year on year)
    Segment profit¥0.2 billion (down 52.6% year on year)
Annual Dividend
Annual¥136 per share
Interim¥68 per share
End of period¥68 per share
Payout ratio
Gradually raise the target payout ratio from approximately 30% to approximately 40%
Contents of this document
ItemDetails
Document typeSupplementary materials to the earnings summary
Fiscal Period CoveredSecond quarter of the fiscal year ending March 2027
Net Sales¥2,929 100 million (YoY +9.2%)
Operating profit¥98 100 million (YoY +38.3%)
Ordinary income¥104 100 million (YoY +36.5%)
Net income¥67 100 million (YoY +42.4%)
Gross Profit Margin17.7%
Operating profit margin3.4%
Selling, general and administrative expenses¥420 100 million
Full-year earnings forecastNet Sales ¥6,249 100 million / Operating profit ¥178 100 million / Ordinary income ¥195 100 million / Profit attributable to owners of the parent ¥120 100 million
Progress against full-year forecastConsolidated revenue 46.9% / Consolidated operating profit 55.0% / Energy revenue 45.8% / Food sales 47.9% / Construction-related sales 41.9% / Automotive-related sales 50.8% / Overseas and trade sales 48.2% / Pet-related sales 53.8% / Pharmacy sales 49.5% / Other sales 43.5%
Self-assessment against the planPerformance to date is tracking as expected, and the outlook for the second half is unchanged from August.
Segment resultsSegment Energy / Net Sales ¥140.7 billion (up 17.3% year on year) / Segment profit ¥6.4 billion (up 240.6% year on year), Segment Food / Net Sales ¥18.8 billion (down 1.0% year on year) / Segment profit -¥400 million, Segment Construction-Related / Net Sales ¥23.7 billion (down 5.0% year on year) / Segment profit ¥0.6 billion (down 5.9% year on year), Segment Automotive-Related Business / Net Sales ¥41.6 billion (up 4.8% year on year) / Segment profit ¥2.5 billion (down 6.5% year on year), Segment Overseas and trading / Net Sales ¥45.7 billion (up 8.7% year on year) / Segment profit ¥2.0 billion (down 11.4% year on year), Segment Pet-related / Net Sales ¥8.1 billion (up 5.7% year on year) / Segment profit ¥0 billion (down 38.4% year on year), Segment Pharmacy / Net Sales ¥9.6 billion (down 2.0% year on year) / Segment profit -¥200 million, Segment Other / Net Sales ¥4.3 billion (down 10.3% year on year) / Segment profit ¥0.2 billion (down 52.6% year on year)
Breakdown of Factors Affecting the ChangeFactors Energy / Change in amount +¥4.5 billion, Factors Food / Change in amount −¥800 million, Factors Construction-Related / Change in amount -¥0.0 billion, Factors Automotive-Related Business / Change in amount -¥100 million, Factors Overseas and trading / Change in amount -¥200 million, Factors Pet-related / Change in amount -¥0.0 billion, Factors Pharmacy / Change in amount -¥100 million, Factors Other / Change in amount -¥200 million, Factors Costs, etc. / Change in amount -¥0.0 billion
Assumptions Underlying the Business OutlookItem Foreign Exchange / Value $1 = ¥160 (¥150 in the previous fiscal year), Item Dubai crude oil price / Value US$100/bbl (US$72/bbl in the previous fiscal year), Item Government fuel oil subsidies / Value Assumes that the subsidies will continue despite a reduction
Annual DividendAnnual ¥136 per share / Interim ¥68 per share / End of period ¥68 per share
Payout ratioGradually raise the target payout ratio from approximately 30% to approximately 40%
New initiativesEnd operations of domestic wine importer and distributor アグリ株式会社 and proceed to liquidation, End operations of 4 Vietnamese wine-importing and distribution subsidiaries and proceed to liquidation
Items this document does not state (13)
Results for the three months of the current quarterKey KPIsUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsAcquisition of treasury sharesCapital expendituresOrders received and order backlogMarket Size / ShareKey points of the Q&A

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.

Revenue increased mainly due to higher unit selling prices for energy. Operating profit increased due to higher profit from petroleum sales as costs were passed on amid surging crude oil prices, higher LP gas sales volumes and cost management, and profit contributions from affiliates acquired through M&A in the previous fiscal year. Meanwhile, food, automotive-related, and overseas and trading operations posted lower profit.

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