Worth reading
55In focus
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
9559
¥ million (year-on-year increase in revenue)Wording
Conditional
How definitive the wording is.Contents of this document
Supplementary materials to the earnings summarySecond quarter (interim period) 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 Sales129,169 Millions of yen+8.0%
Operating profit1,762 Millions of yen+41.6%
Ordinary income1,571 Millions of yen+47.6%
Net income1,674 Millions of yen+151.9%
Results for the three months of the current quarterIn the second quarter (July–September), profit in the building materials business increased by ¥149 million year on year. Consolidated financial figures for the quarter alone: Not disclosed
Full-year earnings forecast
Net Sales
270,000 Millions of yen
Operating profit
5,700 Millions of yen
Ordinary income
5,200 Millions of yen
Profit attributable to owners of the parent
3,200 Millions of yen
EBITDA
8,300 Millions of yen
Building Materials segment revenue
200,000 Millions of yen
Housing segment revenue
60,000 Millions of yen
Other sales
10,000 Millions of yen
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。
Net Sales47.8 %
Building Materials segment revenue49.6 %
Housing segment revenue41.2 %
Other sales52.9 %
Operating profit30.9 %
Ordinary income30.2 %
Profit attributable to owners of the parent52.3 %
EBITDA37.1 %
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Net Sales
Building Materials5,364 Millions of yen
Housing4,619 Millions of yen
Other-425 Millions of yen
Operating profit
Housing815 Millions of yen
Other-73 Millions of yen
Building Materials-107 Millions of yen
Eliminations or Corporate-116 Millions of yen
Quarterly factors affecting operating profit in building materials
Decline in first-quarter earnings-256 Millions of yen
Profit growth in the second quarter149 Millions of yen
New initiatives
- Progressive dividend plan to increase the dividend by ¥7 every fiscal year through the fiscal year ending March 2030.
- Shareholder Benefit Program
Key KPIsA metric the company considers important as a management benchmark.
- EBITDA3,077 Millions of yenYear-on-year (%)20.9
- First-half net income per share143.45 YenYear-on-year (%)156.4
- Equity ratio33.2 %Year-on-year change (points)-1.1
Unit price and quantity metricsThese figures show sales broken down by price and volume.
Housing Segment
Condominium units recognized as revenue
180 units
Same period of the previous year114
Detached homes recognized as revenue
75 units
Same period of the previous year79
Number of condominium units contracted
129 units
Same period of the previous year180
Number of detached houses contracted
129 units
Same period of the previous year126
Segment results
Building Materials
Net Sales
99,160 Millions of yen+5.7%
Operating profit
803 Millions of yen-11.8%
Housing
Net Sales
24,721 Millions of yen+23.0%
Operating profit
1,453 Millions of yen+127.9%
Other
Net Sales
5,288 Millions of yen-7.4%
Operating profit
566 Millions of yen-11.5%
Eliminations or Corporate
Operating profit
-1,060 Millions of yen
Financial targets
Equity ratio: 33.2% at the end of the interim period of the fiscal year ending March 2027, down 1.1 percentage points from 34.3% at the end of the previous fiscal year, rather than year on year.Annual Dividend
Forecast for the fiscal year ending March 2027: interim dividend of ¥44, planned year-end dividend of ¥48, for a full-year dividend of ¥92. A full-year dividend of ¥100 is planned for the fiscal year ending March 2030.| Item | Details |
|---|---|
| Document type | Supplementary materials to the earnings summary |
| Fiscal Period Covered | Second quarter (interim period) of the fiscal year ending March 2027 |
| Net Sales | 129,169 Millions of yen (YoY +8.0%) |
| Operating profit | 1,762 Millions of yen (YoY +41.6%) |
| Ordinary income | 1,571 Millions of yen (YoY +47.6%) |
| Net income | 1,674 Millions of yen (YoY +151.9%) |
| Results for the three months of the current quarter | In the second quarter (July–September), profit in the building materials business increased by ¥149 million year on year. Consolidated financial figures for the quarter alone: Not disclosed |
| Full-year earnings forecast | Net Sales 270,000 Millions of yen / Operating profit 5,700 Millions of yen / Ordinary income 5,200 Millions of yen / Profit attributable to owners of the parent 3,200 Millions of yen / EBITDA 8,300 Millions of yen / Building Materials segment revenue 200,000 Millions of yen / Housing segment revenue 60,000 Millions of yen / Other sales 10,000 Millions of yen |
| Progress against full-year forecast | Net Sales 47.8 % / Building Materials segment revenue 49.6 % / Housing segment revenue 41.2 % / Other sales 52.9 % / Operating profit 30.9 % / Ordinary income 30.2 % / Profit attributable to owners of the parent 52.3 % / EBITDA 37.1 % |
| Segment results | Building Materials Net Sales 99,160 Millions of yen (YoY +5.7%) / Operating profit 803 Millions of yen (YoY -11.8%) / Housing Net Sales 24,721 Millions of yen (YoY +23.0%) / Operating profit 1,453 Millions of yen (YoY +127.9%) / Other Net Sales 5,288 Millions of yen (YoY -7.4%) / Operating profit 566 Millions of yen (YoY -11.5%) / Eliminations or Corporate Operating profit -1,060 Millions of yen |
| Breakdown of Factors Affecting the Change | Net Sales Building Materials 5,364 Millions of yen / Housing 4,619 Millions of yen / Other -425 Millions of yen / Operating profit Housing 815 Millions of yen / Other -73 Millions of yen / Building Materials -107 Millions of yen / Eliminations or Corporate -116 Millions of yen / Quarterly factors affecting operating profit in building materials Decline in first-quarter earnings -256 Millions of yen / Profit growth in the second quarter 149 Millions of yen |
| Key KPIs | EBITDA 3,077 Millions of yen, First-half net income per share 143.45 Yen, Equity ratio 33.2 % |
| Unit price and quantity metrics | Housing Segment Condominium units recognized as revenue 180 units / Detached homes recognized as revenue 75 units / Number of condominium units contracted 129 units / Number of detached houses contracted 129 units |
| Financial targets | Equity ratio: 33.2% at the end of the interim period of the fiscal year ending March 2027, down 1.1 percentage points from 34.3% at the end of the previous fiscal year, rather than year on year. |
| Annual Dividend | Forecast for the fiscal year ending March 2027: interim dividend of ¥44, planned year-end dividend of ¥48, for a full-year dividend of ¥92. A full-year dividend of ¥100 is planned for the fiscal year ending March 2030. |
| New initiatives | Progressive dividend plan to increase the dividend by ¥7 every fiscal year through the fiscal year ending March 2030., Shareholder Benefit Program |
Items this document does not state (15)
Gross Profit MarginOperating profit marginSelling, general and administrative expensesSelf-assessment against the planNumber of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan targetsPayout ratioAcquisition 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.The building materials business reported higher revenue due to expanded transactions with housing companies and other customers, the full-scale operation of the Tokushima No. 2 plant, newly consolidated subsidiaries, and higher selling prices. In the housing business, the number of units recognized as revenue increased due to the completion and delivery of newly built for-sale condominiums during the period. Profit for the interim period attributable to owners of the parent increased, due in part to a gain on the occurrence of negative goodwill.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.