Komori
Earnings9663NAGAWA CO.,LtdInformation and Communications, Services and Others

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

Revenue and profit increased in the interim period of the fiscal year ending March 2027, with net sales up 6.3% and operating profit up 10.5%. The full-year earnings forecast was unchanged, while the annual dividend forecast was changed from ¥60 to ¥80.

Worth reading
39Recurring
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
10.5
% (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 2026Non-consolidated (standalone)Japanese GAAP
Net Sales17,445¥ millionYear on year +6.3%Progress 45.9%
Operating profit2,022¥ millionYear on year +10.5%Progress 44.9%
Ordinary income2,483¥ millionYear on year +11.3%Progress 48.7%
Net income attributable to owners of the parent1,626¥ millionYear on year +37.5%Progress 49.3%

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¥104.93
Financial position at period-end
Total assets77,964¥ million
of which net assets 68,703 ¥ millionEquity ratio 88.1%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.

Cash inflows and outflows
Operating+1,051
Investment-1,643
Financials-1,548
Net change-2,140

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¥12,237 million
Segment revenueUnit house business ¥14,481 million (YoY +5.5%), Modular and system construction business ¥2,558 million (YoY +14.1%), Construction machinery rental business ¥405 million (YoY -8.0%)
Segment profitUnit house business ¥1,759 million (YoY +13.2%), Modular and system construction business ¥232 million (YoY +1.9%), Construction machinery rental business ¥49 million (YoY -27.1%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥38,000 million (YoY +7.4%)
Operating profit¥4,500 million (YoY +2.7%)
Ordinary income¥5,100 million (YoY +1.9%)
Net income¥3,300 million (YoY -25.6%)
Annual Dividend Forecast¥60 → ¥80
Factors Behind Changes in Business Performance

New showroom openings and product enhancements to meet demand for recovery and reconstruction following natural disasters and for capital investment, additions to showrooms and enhancements of display products, expansion of rental houses, orders for capital investment projects, and progress in passing through higher prices. In the construction equipment rental business, demand in the Sapporo area and for Hokkaido Shinkansen construction remained firm, while civil engineering demand and sales in southern Hokkaido struggled.

Disclosure regarding the going concern assumption

No applicable matters.

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
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥0 million / Extraordinary loss Losses on disposal of fixed assets ¥24 million, Impairment Loss on Investment Securities -
Depreciation and amortization¥2,334 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable Yes / Subject person Not disclosed
Issued Shares at Period-End16,357,214 Shares
Treasury Shares at Period-End859,992 Shares
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedNon-consolidated (standalone)
Period Covered1 April 2026 to 30 September 2026
Net Sales¥17,445 million (YoY +6.3%)
Operating profit¥2,022 million (YoY +10.5%)
Ordinary income¥2,483 million (YoY +11.3%)
Profit attributable to owners of the parent¥1,626 million (YoY +37.5%)
Net income per share¥104.93
Equity ratioEnd of the current fiscal period 88.1 / End of previous period 87.3
Total assets¥77,964 million
Net assets¥68,703 million
Cash flows from operating activities¥1,051 million
Cash flows from investing activities¥-1,643 million
Cash flows from financing activities¥-1,548 million
Cash and cash equivalents at end of period¥12,237 million
Full-year earnings forecastNet Sales ¥38,000 million (YoY +7.4%) / Operating profit ¥4,500 million (YoY +2.7%) / Ordinary income ¥5,100 million (YoY +1.9%) / Net income ¥3,300 million (YoY -25.6%)
Annual Dividend Forecast¥60 → ¥80
Segment revenueUnit house business ¥14,481 million (YoY +5.5%), Modular and system construction business ¥2,558 million (YoY +14.1%), Construction machinery rental business ¥405 million (YoY -8.0%)
Segment profitUnit house business ¥1,759 million (YoY +13.2%), Modular and system construction business ¥232 million (YoY +1.9%), Construction machinery rental business ¥49 million (YoY -27.1%)
Depreciation and amortization¥2,334 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥0 million / Extraordinary loss Losses on disposal of fixed assets ¥24 million, Impairment Loss on Investment Securities -
Disclosure regarding the going concern assumptionNo applicable matters.
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable Yes / Subject person Not disclosed
Issued Shares at Period-End16,357,214 Shares
Treasury Shares at Period-End859,992 Shares
Factors Behind Changes in Business PerformanceNew showroom openings and product enhancements to meet demand for recovery and reconstruction following natural disasters and for capital investment, additions to showrooms and enhancements of display products, expansion of rental houses, orders for capital investment projects, and progress in passing through higher prices. In the construction equipment rental business, demand in the Sapporo area and for Hokkaido Shinkansen construction remained firm, while civil engineering demand and sales in southern Hokkaido struggled.
Items this document does not state (9)
Operating MarginRevision to Earnings ForecastPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogImpairment lossChanges in the scope of consolidationMaterial 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 company focused on opening new showrooms and enhancing its products to meet demand for recovery and reconstruction following natural disasters and for capital investment. In the unit house business, orders expanded through the addition of showrooms, enhancement of display products and expansion of rental houses. In the modular and system construction business, existing and new showrooms contributed, and the pass-through of higher prices progressed.

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] (Non-consolidated) | NAGAWA CO.,Ltd (9663) timely disclosure | Komori