Kyowa Leather Cloth Co., Ltd.
Financial Summary for Q2 (Interim) of Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated)
For the interim period, consolidated net sales were 28,059 million yen, up 9.6% year-over-year. Consolidated ordinary income improved to 263 million yen, and interim net income attributable to owners of the parent improved to 228 million yen. Full-year earnings guidance was revised. Toho Textile was consolidated as a subsidiary, changing the scope of the interim consolidated financial statements. A dividend of 26 yen was paid at the end of Q2, unchanged from the prior year. Total assets were 5,643.4 million yen and the equity ratio was 64.4%.
Key Figures
- Net Sales: 28,059 million yen (Year-over-Year +9.6%)
- Ordinary Income: 263 million yen (Year-over-Year +36.7%)
- Net Income Attributable to Owners of Parent (Interim): 228 million yen (previous year interim: -27 million yen)
AI要約
Business Performance Overview
Kyowa Leather Cloth Co., Ltd. recorded consolidated net sales of 28,059 million yen for the second quarter (interim) of the fiscal year ending March 2027, a 9.6% increase from the same period last year, driven by growth across automotive, housing and fashion material applications. Operating income turned positive at 285 million yen, and ordinary income improved to 263 million yen. Interim net income was 228 million yen, recovering from a loss in the same period last year. The scope of the consolidated financial statements changed due to the consolidation of Toho Textile as a subsidiary.
Outlook and Dividends
The full-year earnings forecast has been revised and updated based on information available at the interim stage. A dividend of 26 yen was paid at the end of the second quarter as previously announced, and the full-year dividend is expected to be in line with the 52 yen paid in the fiscal year ending March 2026. The equity ratio stands at 64.4% and total assets are 5,643.4 million yen, indicating a stable financial base.
Kyowa Leather Cloth Co., Ltd.
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