Komori
Earnings9872KITAKEI CO.,LTD.Trading & Wholesale

Summary of Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending November 2026 (Japanese GAAP) (Non-Consolidated)

For the interim period of the fiscal year ending November 2026, net sales decreased 2.2% year on year and operating profit decreased 9.8%. Ordinary profit and interim net income also declined. The full-year earnings forecasts and annual dividend forecast remain unchanged.

Worth reading
42Recurring
Scored from 5 of 6 sections
Direction
Deterioration
Direction inferred from the company’s description.
Scale
-9.8
% (year-on-year change in operating profit)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)21 November 2025 to 20 May 2026Non-consolidated (standalone)Japanese GAAP
Net Sales29,741¥ millionYear on year -2.2%Progress 50.2%
Operating profit390¥ millionYear on year -9.8%Progress 54.2%
Ordinary income475¥ millionYear on year -9.6%Progress 52.2%
Net income attributable to owners of the parent291¥ millionYear on year -10.3%Progress 52.0%

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¥31.45
Financial position at period-end
Total assets26,585¥ million
of which net assets 14,104 ¥ millionEquity ratio 53.1%vs. prior year-end +2.6pt

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+113
Investment-91
Financials-258
Net change-236

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¥10,868 million
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

Higher housing prices due to rising building material prices, transportation costs, labor costs and other expenses; weaker consumer sentiment toward home purchases; fewer new housing starts for owner-occupied homes and built-for-sale detached houses; and the sluggish recovery in housing demand.

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¥49 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for institutional investors and analysts)
Issued Shares at Period-End10,011,841 Shares
Treasury Shares at Period-End726,923 Shares
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedNon-consolidated (standalone)
Period Covered21 November 2025 to 20 May 2026
Net Sales¥29,741 million (YoY -2.2%)
Operating profit¥390 million (YoY -9.8%)
Ordinary income¥475 million (YoY -9.6%)
Profit attributable to owners of the parent¥291 million (YoY -10.3%)
Net income per share¥31.45
Equity ratioEnd of the current fiscal period 53.1 / End of previous period 50.5
Total assets¥26,585 million
Net assets¥14,104 million
Cash flows from operating activities¥113 million
Cash flows from investing activities¥-91 million
Cash flows from financing activities¥-258 million
Cash and cash equivalents at end of period¥10,868 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¥49 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 MaterialsYes
Availability of Financial Results BriefingYes (for institutional investors and analysts)
Issued Shares at Period-End10,011,841 Shares
Treasury Shares at Period-End726,923 Shares
Factors Behind Changes in Business PerformanceHigher housing prices due to rising building material prices, transportation costs, labor costs and other expenses; weaker consumer sentiment toward home purchases; fewer new housing starts for owner-occupied homes and built-for-sale detached houses; and the sluggish recovery in housing demand.
Items this document does not state (12)
Operating MarginRevision 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.

Housing prices rose due to higher building material prices, transportation costs, labor costs and other expenses, weakening consumer sentiment toward home purchases. New housing starts for owner-occupied homes and built-for-sale detached houses decreased year on year, and the recovery in housing demand remained sluggish.

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 November 2026 (Japanese GAAP) (Non-Consolidated) | KITAKEI CO.,LTD. (9872) timely disclosure | Komori