For the first quarter ended March 2027, consolidated net sales were 46.590 billion yen, up 21.8% YoY; EBITDA was 3.998 billion yen, down 9.3%; operating profit was 1.736 billion yen, down 39.9%; net income attributable to owners of parent was 4.679 billion yen, up 166.2%. Full-year guidance revised to around 19.80 billion yen in net sales and 1.050 billion yen in net income. Dividend policy shifted to a progressive dividend based on a DOE of 4% or higher. 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Full-year guidance revised to around 19.80 billion yen in net sales and 1.050 billion yen in net income. Dividend policy shifted to a progressive dividend based on a DOE of 4% or higher. The segment structure comprises refractory, insulation materials, advanced equipment, and engineering.","jir_summary":"### Business performance overview\nFor the first quarter of the current fiscal year, net sales were 46,590 million yen, up 21.8% YoY. EBITDA was 3,998 million yen and operating profit declined to 1,736 million yen. Ordinary income was about 3,000 million yen, showing a roughly flat YoY trend. By segment, refractory contributed 30,1420 hundred thousand yen in sales, insulation materials 4,157 hundred thousand yen, advanced equipment 1,165 hundred thousand yen, and engineering 11,483 hundred thousand yen.\n\n### Outlook and dividend policy\nFor the full-year ending March 2027, the outlook is net sales of 19,8000 million yen and net income of 1,050 million yen (projections, basis of amount). The company has shifted to a progressive dividend policy based on a DOE of 4% or higher. Supplemental materials for the results are available. Continued attention to improving profitability by segment is expected.","jir_financial_highlights":"Net sales: 46,590\u767e\u4e07\u5186 (YoY +21.8%)\nEBITDA: 3,998\u767e\u4e07\u5186 (\u25b39.3\uff05)\nOperating income: 1,736\u767e\u4e07\u5186 (\u25b339.9\uff05)\nOrdinary income: 30,09\u767e\u4e07\u5186 (\u25b32.8\uff05)\nNet income attributable to owners of parent: 46,79\u767e\u4e07\u5186 (166.2\uff05 increase)\nEarnings per share: 102.55 yen (Unknown)","jir_category":"","jir_hashtags":"#ShinagawaReflan, #FinancialResults, #DOE","jir_key_figures":"Net sales: 46,5590 million yen (YoY +21.8%)\nEBITDA: 3,998 million yen (\u25b39.3%)\nOperating profit: 1,736 million yen (\u25b339.9%)","jir_meta_title":"Shinagawa Reflan Financial Results Summary Q1\uff5cNet sales over 46.5 billion yen, net income up 166%","jir_meta_description":"Key points of Shinagawa Reflan's Q1 FY2027 results. Net sales 46.590 billion yen, EBITDA in the 4.0 billion yen range, operating profit 1.74 billion yen, net income 4.68 billion yen. Full-year outlook revised and DOE-based progressive dividend policy.","jir_og_title":"Shinagawa Reflan Q1 Results\uff5c46.590 billion yen, Net income up 166%","jir_og_description":"Shinagawa Reflan's Q1 results. Net sales 46.590 billion yen, substantial year-over-year net income growth. Mentions revision of full-year outlook and dividend policy.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":9630,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-101094","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n