Komori
Earnings8118KING Co.,Ltd.Materials and Chemicals

Summary of Financial Results for the First Quarter of the Fiscal Year Ending March 2027 (Japanese GAAP) (Consolidated)

In the first quarter of the fiscal year ending March 2027, net sales increased 0.3% year on year to ¥1,856 million, while operating profit declined 11.8% to ¥160 million, resulting in higher sales but lower profit. The full-year earnings forecast and annual dividend forecast remain unchanged.

Worth reading
33Immaterial
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
11.8
%
Wording
Conditional
How definitive the wording is.

Results for this period

First quarter1 April 2026 to 30 June 2026ConsolidatedJapanese GAAP
Net Sales1,856¥ millionYear on year +0.3%Progress 23.2%
Operating profit160¥ millionYear on year -11.8%Progress 17.8%
Ordinary income243¥ millionYear on year -7.4%Progress 23.1%
Net income attributable to owners of the parent164¥ millionYear on year -6.7%Progress 23.4%

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¥10.33
Financial position at period-end
Total assets26,765¥ million
of which net assets 23,366 ¥ millionEquity ratio 87.3%vs. prior year-end +0.8pt

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.

Segment revenueApparel Business ¥1,342 million (YoY -1.8%), Textile Business ¥257 million (YoY +11.4%), Estate Business ¥256 million (YoY +1.9%)
Segment profitApparel Business ¥-14 million, Textile Business ¥14 million (YoY -49.3%), Estate Business ¥163 million (YoY -16.9%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥8,000 million (YoY +2.1%)
Operating profit¥900 million (YoY +13.8%)
Ordinary income¥1,050 million (YoY +10.6%)
Net income¥700 million (YoY +12.0%)
Annual Dividend Forecast¥18 → ¥18(0.0%)
Factors Behind Changes in Business Performance

Stagnant real growth in purchasing power due to rising prices and more cautious consumer purchasing behavior amid heightened concern about household finances. The Company is pursuing distinctive, high-value-added products, rebranding, the development of new customers, monetization of its online store, expansion of its e-commerce and digital membership bases, and stronger inventory controls and full-price sales.

Disclosure regarding the going concern assumption

Not applicable.

Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Changes in the scope of consolidationNew 0 companies / Excluded 0 companies / Company name None
Breakdown of extraordinary income (loss)Extraordinary income Not disclosed / Extraordinary loss Loss on Disposal of Fixed Assets ¥2 million
Depreciation and amortization¥100 million
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo (no target participants specified)
Issued Shares at Period-End24,771,561 Shares
Treasury Shares at Period-End8,828,777 Shares
Results for this period
ItemDetails
Fiscal Period ClassificationFirst quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 June 2026
Net Sales¥1,856 million (YoY +0.3%)
Operating profit¥160 million (YoY -11.8%)
Ordinary income¥243 million (YoY -7.4%)
Profit attributable to owners of the parent¥164 million (YoY -6.7%)
Net income per share¥10.33
Equity ratioEnd of the current fiscal period 87.3% / End of previous period 86.5%
Total assets¥26,765 million
Net assets¥23,366 million
Full-year earnings forecastNet Sales ¥8,000 million (YoY +2.1%) / Operating profit ¥900 million (YoY +13.8%) / Ordinary income ¥1,050 million (YoY +10.6%) / Net income ¥700 million (YoY +12.0%)
Annual Dividend Forecast¥18 → ¥18(0.0%)
Segment revenueApparel Business ¥1,342 million (YoY -1.8%), Textile Business ¥257 million (YoY +11.4%), Estate Business ¥256 million (YoY +1.9%)
Segment profitApparel Business ¥-14 million, Textile Business ¥14 million (YoY -49.3%), Estate Business ¥163 million (YoY -16.9%)
Depreciation and amortization¥100 million
Breakdown of extraordinary income (loss)Extraordinary income Not disclosed / Extraordinary loss Loss on Disposal of Fixed Assets ¥2 million
Disclosure regarding the going concern assumptionNot applicable.
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No
Changes in the scope of consolidationNew 0 companies / Excluded 0 companies / Company name None
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo (no target participants specified)
Issued Shares at Period-End24,771,561 Shares
Treasury Shares at Period-End8,828,777 Shares
Factors Behind Changes in Business PerformanceStagnant real growth in purchasing power due to rising prices and more cautious consumer purchasing behavior amid heightened concern about household finances. The Company is pursuing distinctive, high-value-added products, rebranding, the development of new customers, monetization of its online store, expansion of its e-commerce and digital membership bases, and stronger inventory controls and full-price sales.
Items this document does not state (12)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodRevision to Earnings ForecastPayout 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.

The challenging environment was attributed to cautious consumer purchasing behavior, reflecting stagnant real growth in purchasing power due to rising prices and heightened concern about household finances. The Company undertook rebranding, the development of new customers, expansion of its e-commerce and digital membership bases, inventory controls, and efforts to strengthen full-price sales.

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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Summary of Financial Results for the First Quarter of the Fiscal Year Ending March 2027 (Japanese GAAP) (Consolidated) | KING Co.,Ltd. (8118) timely disclosure | Komori