Komori
Earnings9872KITAKEI CO.,LTD.Trading & Wholesale

Summary of Financial Results for the First Quarter of the Fiscal Year Ending November 2026 [Japanese GAAP] (Non-consolidated)

In the first quarter of the fiscal year ending November 2026, revenue, operating income, ordinary income and net income all fell below the levels recorded in the same period of the previous fiscal year. The full-year earnings forecast and annual dividend forecast remain unchanged.

Worth reading
40Recurring
Scored from 5 of 6 sections
Direction
Deterioration
Direction inferred from the company’s description.
Scale
-4.3
% (year-on-year change in revenue)
Wording
Conditional
How definitive the wording is.

Results for this period

First quarter21 November 2025–20 February 2026Non-consolidated (standalone)Japanese GAAP
Net Sales15,018¥ millionYear on year -4.3%Progress 25.3%
Operating profit221¥ millionYear on year -12.6%Progress 30.7%
Ordinary income270¥ millionYear on year -11.0%Progress 29.7%
Net income attributable to owners of the parent167¥ millionYear on year -12.0%Progress 29.8%

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¥18.07
Financial position at period-end
Total assets28,318¥ million
of which net assets 14,014 ¥ millionEquity ratio 49.5%vs. prior year-end -1.0pt

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.

Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥59,300 million (YoY +0.5%)
Operating profit¥720 million (YoY +0.9%)
Ordinary income¥910 million (YoY +0.4%)
Net income¥560 million (YoY +1.6%)
Annual Dividend Forecast¥28 → ¥28(0.0%)
Factors Behind Changes in Business Performance

The business environment remained challenging, with a slow recovery in housing-related demand, as rising housing prices weakened demand for home purchases, building confirmation applications took longer to process, and new housing starts for owner-occupied homes and detached subdivision homes declined.

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 Yes修正再表示 No
Depreciation and amortization¥24 million
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo
Issued Shares at Period-End10,011,841 Shares
Treasury Shares at Period-End729,413 Shares
Results for this period
ItemDetails
Fiscal Period ClassificationFirst quarter
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedNon-consolidated (standalone)
Period Covered21 November 2025–20 February 2026
Net Sales¥15,018 million (YoY -4.3%)
Operating profit¥221 million (YoY -12.6%)
Ordinary income¥270 million (YoY -11.0%)
Profit attributable to owners of the parent¥167 million (YoY -12.0%)
Net income per share¥18.07
Equity ratioEnd of the current fiscal period 49.5 / End of previous period 50.5
Total assets¥28,318 million
Net assets¥14,014 million
Full-year earnings forecastNet Sales ¥59,300 million (YoY +0.5%) / Operating profit ¥720 million (YoY +0.9%) / Ordinary income ¥910 million (YoY +0.4%) / Net income ¥560 million (YoY +1.6%)
Annual Dividend Forecast¥28 → ¥28(0.0%)
Depreciation and amortization¥24 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 Yes / Restatement No
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo
Issued Shares at Period-End10,011,841 Shares
Treasury Shares at Period-End729,413 Shares
Factors Behind Changes in Business PerformanceThe business environment remained challenging, with a slow recovery in housing-related demand, as rising housing prices weakened demand for home purchases, building confirmation applications took longer to process, and new housing starts for owner-occupied homes and detached subdivision homes declined.
Items this document does not state (16)
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 PolicySegment revenueSegment profitRegional salesOrders received and order backlogImpairment lossBreakdown of extraordinary income (loss)Changes 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 business environment remained challenging, with a slow recovery in demand, as rising housing prices caused by higher building material prices, transportation costs and labor costs weakened demand for home purchases, while the prolonged processing of building confirmation applications and the decline in new housing starts for owner-occupied homes and detached subdivision homes also weighed on demand.

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 First Quarter of the Fiscal Year Ending November 2026 [Japanese GAAP] (Non-consolidated) | KITAKEI CO.,LTD. (9872) timely disclosure | Komori