Worth reading
49Recurring
Scored from 5 of 6 sectionsDirection
Deterioration
Direction inferred from the company’s description.Scale
71.9
% (year-on-year decrease in interim net profit attributable to owners of the parent)Wording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)1 April 2026–30 September 2026ConsolidatedJapanese GAAPNet Sales1,109,643¥ millionYear on year -1.6%
Operating profit93,785¥ millionYear on year -27.8%
Ordinary income91,867¥ millionYear on year -25.9%
Net income attributable to owners of the parent24,956¥ millionYear on year -71.9%Progress 19.2%
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¥17.40
Financial position at period-end
Total assets13,092,983¥ million
of which net assets 2,013,140 ¥ millionEquity ratio 15.2%vs. prior year-end 0.0pt
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 revenue
Customer Solutions526,52647.5%+4.7%
International Customers281,37125.4%+16.2%
Environmental Energy21,7912.0%+19.5%
Aviation170,58015.4%-1.5%
Logistics78,2257.1%-28.4%
Real Estate30,1752.7%-62.7%
Segment profit
Customer Solutions13,890-24.5%
International Customers12,935+390.5%
Environmental Energy-43,357
Aviation25,846-4.8%
Logistics15,199-28.9%
Real Estate541-96.6%
Outlook and shareholder returns
Full-year earnings forecast
Net SalesNot disclosed
Operating profitNot disclosed
Ordinary incomeNot disclosed
Net income¥130,000 million (YoY -19.9%)
Revision to Earnings ForecastProfit attributable to owners of the parent ¥160,000 million → ¥130,000 million（-18.8%）
Annual Dividend Forecast¥46 → ¥51（+10.9%）
Factors Behind Changes in Business Performance
Although the Overseas Customer business benefited from growth in the European business and lower bad debt-related expenses in the Americas business, profit declined due to a ¥37.8 billion impairment loss on shares of an affiliate related to European Energy A/S in the Environmental Energy business, the loss of a ¥22.8 billion increase in profit recognized in the previous year from a change in the fiscal year-end of a consolidated subsidiary, and lower gains on asset sales, among other factors.
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 / Excluded 0 / Company name Not disclosed
Impairment lossAviation ¥3,339 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of investment securities ¥226 million / Extraordinary loss Impairment Loss on Shares of an Affiliate ¥38,146 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (for institutional investors and analysts)
Issued Shares at Period-End1,466,912,244
Treasury Shares at Period-End32,341,007
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026–30 September 2026 |
| Net Sales | ¥1,109,643 million (YoY -1.6%) |
| Operating profit | ¥93,785 million (YoY -27.8%) |
| Ordinary income | ¥91,867 million (YoY -25.9%) |
| Profit attributable to owners of the parent | ¥24,956 million (YoY -71.9%) |
| Net income per share | ¥17.40 |
| Equity ratio | End of the current fiscal period 15.2 / End of previous period 15.2 |
| Total assets | ¥13,092,983 million |
| Net assets | ¥2,013,140 million |
| Full-year earnings forecast | Net Sales Not disclosed / Operating profit Not disclosed / Ordinary income Not disclosed / Net income ¥130,000 million (YoY -19.9%) |
| Revision to Earnings Forecast | Profit attributable to owners of the parent ¥160,000 million → ¥130,000 million（-18.8%） |
| Annual Dividend Forecast | ¥46 → ¥51（+10.9%） |
| Segment revenue | Customer Solutions ¥526,526 million (YoY +4.7%) / International Customers ¥281,371 million (YoY +16.2%) / Environmental Energy ¥21,791 million (YoY +19.5%) / Aviation ¥170,580 million (YoY -1.5%) / Logistics ¥78,225 million (YoY -28.4%) / Real Estate ¥30,175 million (YoY -62.7%) |
| Segment profit | Customer Solutions ¥13,890 million (YoY -24.5%) / International Customers ¥12,935 million (YoY +390.5%) / Environmental Energy ¥-43,357 million / Aviation ¥25,846 million (YoY -4.8%) / Logistics ¥15,199 million (YoY -28.9%) / Real Estate ¥541 million (YoY -96.6%) |
| Impairment loss | Aviation ¥3,339 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of investment securities ¥226 million / Extraordinary loss Impairment Loss on Shares of an Affiliate ¥38,146 million |
| Disclosure regarding the going concern assumption | Not applicable |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | New 0 / Excluded 0 / Company name Not disclosed |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Available (for institutional investors and analysts) |
| Issued Shares at Period-End | 1,466,912,244 |
| Treasury Shares at Period-End | 32,341,007 |
| Factors Behind Changes in Business Performance | Although the Overseas Customer business benefited from growth in the European business and lower bad debt-related expenses in the Americas business, profit declined due to a ¥37.8 billion impairment loss on shares of an affiliate related to European Energy A/S in the Environmental Energy business, the loss of a ¥22.8 billion increase in profit recognized in the previous year from a change in the fiscal year-end of a consolidated subsidiary, and lower gains on asset sales, among other factors. |
Items this document does not state (11)
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 amortizationMaterial 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.A ¥37.8 billion impairment loss on shares of an affiliate related to European Energy A/S in the Environmental Energy segment, the loss of a ¥22.8 billion increase in profit recognized in the previous year from a change in the fiscal year-end of a consolidated subsidiary, and lower gains on asset sales, among other factors.
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.