Komori
Results8104KUWAZAWA Holdings CorporationTrading & Wholesale

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

For the interim period of the fiscal year ending March 2027, revenue increased 3.0% year on year and operating profit increased 56.0%. Construction materials and materials transportation performed well, while temporary selling, general and administrative expenses incurred in the previous year returned to normal, resulting in a significant improvement in profit.

Worth reading
39Recurring
Scored from 5 of 6 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
56
% (year-on-year change in operating profit)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAP
Net Sales32,338¥ millionYear on year +3.0%Progress 47.6%
Operating profit805¥ millionYear on year +56.0%Progress 48.8%
Ordinary income1,020¥ millionYear on year +42.4%Progress 56.7%
Net income attributable to owners of the parent614¥ millionYear on year +47.0%Progress 53.4%

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¥41.53
Financial position at period-end
Total assets46,568¥ million
of which net assets 17,621 ¥ millionEquity ratio 37.6%vs. prior year-end -1.2pt

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+1,045
Investment-832
Financials-1,681
Net change-1,468

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¥7,845 million
Segment revenueConstruction materials business ¥18,201 million (YoY +5.6%), Construction work ¥11,858 million (YoY -0.8%), Materials Transportation ¥1,967 million (YoY +4.3%), Real Estate Leasing ¥132 million (YoY -0.4%), Other ¥178 million (YoY -2.4%)
Segment profitConstruction materials business ¥406 million (YoY +46.9%), Construction work ¥157 million, Materials Transportation ¥144 million (YoY +25.7%), Real Estate Leasing ¥98 million (YoY -2.5%), Other ¥33 million (YoY -22.3%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥68,000 million (YoY +4.9%)
Operating profit¥1,650 million (YoY +19.7%)
Ordinary income¥1,800 million (YoY +6.2%)
Net income¥1,150 million (YoY +6.7%)
Revision to Earnings ForecastNet Sales No revision / Operating profit No revision / Ordinary income No revision / Net income No revision
Annual Dividend Forecast¥26 → ¥30
Factors Behind Changes in Business Performance

In construction materials, basic materials performed well, mainly in the central and southern areas of Hokkaido, while the company worked to maintain and build trust-based relationships with customers and improve profit margins. Construction work generated lower revenue due to a decline in large-scale projects, but remained firm in Hokkaido, while temporary selling, general and administrative expenses incurred in the previous year, including expenses for replacing PCs and analyzing the core system, returned to normal. Materials transportation performed well in both basic materials transportation and construction materials transportation. In real estate leasing, expenses including repair expenses increased, while Other was affected by weaker performance in the solar power generation business and higher personnel expenses.

Disclosure regarding the going concern assumption

None applicable

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 None
Changes in the scope of consolidationNewly included: 0 companies; excluded: 0 companies (material change in the scope of consolidation during the interim period: none)
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥21 million, Reversal of provision for loss on dissolution of employees' pension fund ¥38 million / Extraordinary loss Not recorded
Depreciation and amortization¥133 million
Availability of Supplementary Financial Results MaterialsNone
Availability of Financial Results BriefingNo (no eligible participants)
Issued Shares at Period-End16,694,496 shares
Treasury Shares at Period-End1,894,271 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¥32,338 million (YoY +3.0%)
Operating profit¥805 million (YoY +56.0%)
Ordinary income¥1,020 million (YoY +42.4%)
Profit attributable to owners of the parent¥614 million (YoY +47.0%)
Net income per share¥41.53
Equity ratioEnd of the current fiscal period 37.6 / End of previous period 38.8
Total assets¥46,568 million
Net assets¥17,621 million
Cash flows from operating activities¥1,045 million
Cash flows from investing activities¥-832 million
Cash flows from financing activities¥-1,681 million
Cash and cash equivalents at end of period¥7,845 million
Full-year earnings forecastNet Sales ¥68,000 million (YoY +4.9%) / Operating profit ¥1,650 million (YoY +19.7%) / Ordinary income ¥1,800 million (YoY +6.2%) / Net income ¥1,150 million (YoY +6.7%)
Revision to Earnings ForecastNet Sales No revision / Operating profit No revision / Ordinary income No revision / Net income No revision
Annual Dividend Forecast¥26 → ¥30
Segment revenueConstruction materials business ¥18,201 million (YoY +5.6%), Construction work ¥11,858 million (YoY -0.8%), Materials Transportation ¥1,967 million (YoY +4.3%), Real Estate Leasing ¥132 million (YoY -0.4%), Other ¥178 million (YoY -2.4%)
Segment profitConstruction materials business ¥406 million (YoY +46.9%), Construction work ¥157 million, Materials Transportation ¥144 million (YoY +25.7%), Real Estate Leasing ¥98 million (YoY -2.5%), Other ¥33 million (YoY -22.3%)
Depreciation and amortization¥133 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥21 million, Reversal of provision for loss on dissolution of employees' pension fund ¥38 million / Extraordinary loss Not recorded
Disclosure regarding the going concern assumptionNone applicable
Change in accounting policyChanges due to revisions to standards None / Other changes None / Change in accounting estimate None / Restatement None
Changes in the scope of consolidationNewly included: 0 companies; excluded: 0 companies (material change in the scope of consolidation during the interim period: none)
Availability of Supplementary Financial Results MaterialsNone
Availability of Financial Results BriefingNo (no eligible participants)
Issued Shares at Period-End16,694,496 shares
Treasury Shares at Period-End1,894,271 shares
Factors Behind Changes in Business PerformanceIn construction materials, basic materials performed well, mainly in the central and southern areas of Hokkaido, while the company worked to maintain and build trust-based relationships with customers and improve profit margins. Construction work generated lower revenue due to a decline in large-scale projects, but remained firm in Hokkaido, while temporary selling, general and administrative expenses incurred in the previous year, including expenses for replacing PCs and analyzing the core system, returned to normal. Materials transportation performed well in both basic materials transportation and construction materials transportation. In real estate leasing, expenses including repair expenses increased, while Other was affected by weaker performance in the solar power generation business and higher personnel expenses.
Items this document does not state (7)
Operating MarginPayout 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 construction materials, basic materials performed well, mainly in the central and southern areas of Hokkaido, while the company worked to strengthen relationships with customers and improve profit margins. Construction work generated lower revenue due to a decline in large-scale projects, but remained firm in Hokkaido, while temporary selling, general and administrative expenses incurred in the previous year, including expenses for replacing PCs and analyzing the core system, returned to normal. Materials transportation performed well in both basic materials transportation and construction materials transportation. In real estate leasing, repair expenses increased, while Other was affected by weaker performance in the solar power generation business and higher personnel expenses.

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Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated) | KUWAZAWA Holdings Corporation (8104) timely disclosure | Komori