Komori
Results8139NAGAHORI CORPORATIONTrading & Wholesale

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

During the interim period, revenue decreased 5.0% year on year and operating profit decreased 30.0%, resulting in lower revenue and lower profit. The full-year earnings forecast remains unchanged, while the annual dividend forecast has been reduced from the previous fiscal year's actual dividend of ¥20 to ¥15.

Worth reading
47Recurring
Scored from 5 of 6 sections
Direction
Deterioration
Direction inferred from the company’s description.
Scale
-5
%
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAP
Net Sales11,922¥ millionYear on year -5.0%Progress 43.4%
Operating profit314¥ millionYear on year -30.0%Progress 24.2%
Ordinary income223¥ millionYear on year -42.0%Progress 22.3%
Net income attributable to owners of the parent148¥ millionYear on year -29.9%Progress 24.7%

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¥9.69
Financial position at period-end
Total assets31,641¥ million
of which net assets 14,238 ¥ millionEquity ratio 45.0%vs. prior year-end -0.4pt

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 revenueJewelry Business ¥11,841 million (YoY -5.0%), Office building leasing business ¥57 million (YoY +12.5%), Solar Power Generation ¥23 million (YoY -14.1%)
Segment profitJewelry Business ¥266 million (YoY -34.1%), Office building leasing business ¥37 million (YoY +22.8%), Solar Power Generation ¥10 million (YoY -26.3%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥27,500 million (YoY -6.4%)
Operating profit¥1,300 million (YoY -24.5%)
Ordinary income¥1,000 million (YoY -37.2%)
Net income¥600 million (YoY -45.5%)
Revision to Earnings ForecastNo
Annual Dividend Forecast¥20 → ¥15(-25.0%)
Factors Behind Changes in Business Performance

Sales of gold jewelry slowed compared with the same period of the previous year as the rise in gold bullion prices paused, while inventory valuation losses resulting from the decline in bullion prices pushed up the cost of sales.

Disclosure regarding the going concern assumption

No matters to report.

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 Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed
Breakdown of extraordinary income (loss)Extraordinary income No / Extraordinary loss Advisory fees ¥14,261 thousand
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End16,773,376
Treasury Shares at Period-End1,438,333
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¥11,922 million (YoY -5.0%)
Operating profit¥314 million (YoY -30.0%)
Ordinary income¥223 million (YoY -42.0%)
Profit attributable to owners of the parent¥148 million (YoY -29.9%)
Net income per share¥9.69
Equity ratioEnd of the current fiscal period 45 / End of previous period 45.4
Total assets¥31,641 million
Net assets¥14,238 million
Full-year earnings forecastNet Sales ¥27,500 million (YoY -6.4%) / Operating profit ¥1,300 million (YoY -24.5%) / Ordinary income ¥1,000 million (YoY -37.2%) / Net income ¥600 million (YoY -45.5%)
Revision to Earnings ForecastNo
Annual Dividend Forecast¥20 → ¥15(-25.0%)
Segment revenueJewelry Business ¥11,841 million (YoY -5.0%), Office building leasing business ¥57 million (YoY +12.5%), Solar Power Generation ¥23 million (YoY -14.1%)
Segment profitJewelry Business ¥266 million (YoY -34.1%), Office building leasing business ¥37 million (YoY +22.8%), Solar Power Generation ¥10 million (YoY -26.3%)
Breakdown of extraordinary income (loss)Extraordinary income No / Extraordinary loss Advisory fees ¥14,261 thousand
Disclosure regarding the going concern assumptionNo matters to report.
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 Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End16,773,376
Treasury Shares at Period-End1,438,333
Factors Behind Changes in Business PerformanceSales of gold jewelry slowed compared with the same period of the previous year as the rise in gold bullion prices paused, while inventory valuation losses resulting from the decline in bullion prices pushed up the cost of 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 periodPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogDepreciation and amortizationImpairment 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 addition to a slowdown in sales of gold jewelry as the rise in gold bullion prices paused, inventory valuation losses resulting from the decline in bullion prices pushed up the cost of 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.
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.
Summary of Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated) | NAGAHORI CORPORATION (8139) timely disclosure | Komori