Morozoff Limited
First Quarter Financial Results for the Fiscal Year Ending January 2027 [Japanese GAAP, Consolidated]
Sales of JPY 9,152 million (YoY +1.7%); Operating profit of JPY 272 million (△35.3%); Ordinary profit of JPY 280 million (△35.0%); Net profit attributable to owners of parent of JPY 183 million (△30.7%). Full-year guidance unchanged. 700,000 shares of treasury stock have been canceled. Overseas contributions with Hong Kong Lunar New Year boosting sales.
Key Figures
- Sales: JPY 9,152 million
- Operating income: JPY 272 million
- Ordinary income: JPY 280 million
- Net income attributable to owners of the parent: JPY 183 million
- Treasury stock cancellation: 700,000 shares
AI要約
Overview of Performance
For the first quarter of the fiscal year ending January 2027, domestic market recovery remained tepid and raw material costs rose, resulting in operating, ordinary, and net profits below the previous year. While sales increased, rising costs and higher depreciation weighed on profits. Sales were boosted by contributions from overseas operations. There is no revision to the full-year forecast at this time; continued attention to material cost trends is warranted.
Shareholder Returns, Capital Policy and Outlook
During the period, 700,000 shares of treasury stock were canceled, reducing amounts of contributed capital surplus, retained earnings, and treasury stock. The full-year earnings forecast remains unchanged. The company indicates that if market conditions change, such as rising prices for naphtha-derived materials, it may revise its guidance. Although overseas subsidiaries contributed via the Lunar New Year sales, sustained higher raw material costs are expected to be a key factor for performance going forward.
Morozoff Co., Ltd.
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