Results for this period
Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedIFRSThe 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.
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.
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.
Revenue increased on improvements in the construction equipment rental business, solid performance in the sales and services business, and strong precious metals trading in the resources segment. Profit was affected by higher personnel expenses, a deterioration in the interest balance and losses on the sale of the Madagascar nickel business, while tax effects associated with the sale of that business, higher profit in each segment and realized foreign exchange gains also contributed.
No applicable matters
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | IFRS |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 September 2026 |
| Net Sales | ¥3,918,561 million (YoY +10.8%) |
| Ordinary income | ¥344,959 million (YoY -7.4%) |
| Profit attributable to owners of the parent | ¥347,865 million (YoY +15.5%) |
| Net income per share | ¥73.35 |
| Equity ratio | End of the current fiscal period 35.5 / End of previous period 33.9 |
| Total assets | ¥13,333,116 million |
| Net assets | ¥4,838,495 million |
| Cash flows from operating activities | ¥130,512 million |
| Cash flows from investing activities | ¥-449,082 million |
| Cash flows from financing activities | ¥-54,168 million |
| Cash and cash equivalents at end of period | ¥621,324 million |
| Full-year earnings forecast | Net Sales Not disclosed / Operating profit Not disclosed / Ordinary income Not disclosed / Net income ¥670,000 million (YoY +11.6%) |
| Revision to Earnings Forecast | Profit for the period attributable to owners of the parent ¥6,300 100 million → ¥6,700 100 million（+6.3%） |
| Annual Dividend Forecast | Not disclosed → ¥44 |
| Shareholder Return Policy | A policy of maintaining a total payout ratio of 40% or more and implementing progressive dividends |
| Segment revenue | Steel ¥784,431 million (YoY +7.4%), Automotive ¥300,300 million (YoY -1.0%), Transportation & Construction Equipment ¥448,136 million (YoY +16.4%), Urban Development ¥221,848 million (YoY +3.3%), Communication Services ¥2,803 million (YoY +58.1%), Digital & AI ¥403,165 million (YoY +8.0%), Lifestyle ¥563,436 million (YoY +6.5%), Resources ¥192,423 million (YoY +32.8%), Chemicals, Electronics & Agriculture ¥624,293 million (YoY +16.0%), Energy Transformation ¥383,954 million (YoY +18.2%) |
| Segment profit | Steel ¥38,916 million (YoY +14.0%), Automotive ¥23,510 million (YoY -56.0%), Transportation & Construction Equipment ¥49,889 million (YoY +23.8%), Urban Development ¥31,990 million (YoY -27.4%), Communication Services ¥9,224 million (YoY +42.9%), Digital & AI ¥23,550 million (YoY +56.0%), Lifestyle ¥4,149 million (YoY +82.1%), Resources ¥54,370 million (YoY +72.0%), Chemicals, Electronics & Agriculture ¥21,398 million (YoY +44.1%), Energy Transformation ¥58,170 million (YoY +20.9%) |
| Depreciation and amortization | ¥119,063 million |
| Disclosure regarding the going concern assumption | No applicable matters |
| Change in accounting policy | Changes due to revisions to standards None / Other changes None / Change in accounting estimate None / Restatement Not disclosed |
| Changes in the scope of consolidation | New 0 companies / Excluded 0 companies / Company name Not applicable |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (for analysts and others) |
| Issued Shares at Period-End | 4,780,604,217 |
| Treasury Shares at Period-End | 55,055,109 |
| Factors Behind Changes in Business Performance | Revenue increased on improvements in the construction equipment rental business, solid performance in the sales and services business, and strong precious metals trading in the resources segment. Profit was affected by higher personnel expenses, a deterioration in the interest balance and losses on the sale of the Madagascar nickel business, while tax effects associated with the sale of that business, higher profit in each segment and realized foreign exchange gains also contributed. |
Items this document does not state (8)
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.Factors cited for the increase in profit include improvements in the construction equipment rental business, solid performance in the sales and services business, strong precious metals trading, and expected steady performance across the businesses. On the other hand, losses on the sale of the Madagascar nickel business, higher personnel expenses and a deterioration in the interest balance put downward pressure on profit, while the tax effect associated with the sale of that business boosted interim profit.