Kyowa Leather Cloth Co., Ltd.
Financial Summary (1) Overview of Consolidated Financial Results: Fiscal Year Ending March 2026, Q2 Financial Results Briefing
Net sales increased 9.6% year-on-year to 28,005 million yen, and operating income rose 120.0% year-on-year to 285 million yen. Factors include Middle East impact, foreign exchange, and cost improvement measures. Full-year forecasts are maintained, and dividends will remain at 52 yen per share annually.
Key Figures
- Net Sales 28,059 million yen (Year-over-Year +9.6%)
- Operating Income 285 million yen (Year-over-Year +120.0%)
- Ordinary Income 263 million yen (Year-over-Year +36.7%)
AI要約
Overview of Results
Consolidated results for the second quarter of this fiscal year saw net sales increase year-on-year, supported by higher raw material prices and the yen depreciation effect, although a slowdown in the Chinese market had an impact. Operating income improved significantly (+120.0%) due to efforts to reflect material cost increases and cost improvement initiatives, despite higher fixed costs and factors related to achieving the medium-term plan. Ordinary income and net income also showed solid performance.
Outlook and Dividends
Earnings guidance is maintained incorporating factors that could lead to upward revisions. The company will continue its policy of a total annual dividend of 52 yen per share (interim and year-end combined). The deterioration in the business outlook in China (Kyowa Xing) is reflected in the impact on non-controlling interests deduction. Attention should be paid to fluctuations in exchange rates and material market conditions, but cost reductions and optimization are expected to progress.
Net Sales Trend
Operating Income Trend
Ordinary Income Trend
Trend of Net Income Attributable to Owners of Parent (Interim)
Dividend per Share Trend
Kyowa Leather Cloth Co., Ltd.
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