Worth reading
63In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
-6.6
% (year-on-year change in revenue)Wording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAPNet Sales181,710¥ millionsYear on year -6.6%Progress 38.7%
Operating profit18,101¥ millionsYear on year -26.7%Progress 30.2%
Ordinary income19,728¥ millionsYear on year -24.4%Progress 31.3%
Net income attributable to owners of the parent11,559¥ millionsYear on year -42.8%Progress 28.9%
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¥88.31
Financial position at period-end
Total assets337,756¥ millions
of which net assets 214,057 ¥ millionsEquity ratio 61.8%vs. prior year-end +6.8pt
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+47,528
Investment-993
Financials-39,321
Net change+7,214
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ millions).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¥50,075 millions
Segment revenue
Facilities Construction Business177,72297.5%-6.9%
Manufacture and sale of facilities equipment4,4282.4%+12.6%
Other1120.1%+12.4%
Segment profit
Facilities Construction Business17,55596.9%-28.1%
Manufacture and sale of facilities equipment4742.6%+171.7%
Other820.5%+3.0%
Regional salesOverseas ¥38,888 millions (YoY +11.9%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥470,000 millions (YoY +10.9%)
Operating profit¥60,000 millions (YoY +25.7%)
Ordinary income¥63,000 millions (YoY +24.4%)
Net income¥40,000 millions (YoY +6.7%)
Revision to Earnings ForecastNet Sales Not disclosed → ¥470,000 millions / Operating profit Not disclosed → ¥60,000 millions / Ordinary income Not disclosed → ¥63,000 millions / Net income Not disclosed → ¥40,000 millions
Annual Dividend Forecast115 yen (per share; prior fiscal year reflects stock split) → 123 yen (per share; prior fiscal year reflects stock split)
Factors Behind Changes in Business Performance
The equipment construction business recorded lower revenue and profit, while the equipment manufacturing and sales business and Other recorded higher revenue and profit. The business environment is described as including persistently high materials and equipment prices and labor costs, as well as supply-chain impacts resulting from instability in the Middle East.
Disclosure regarding the going concern assumption
None
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 No修正再表示 No
Changes in the scope of consolidationNew 0 / Excluded 0 / Company name None
Material subsequent eventsNone
Impairment lossNone
Breakdown of extraordinary income (loss)Extraordinary income Gain on Sale of Investment Securities ¥3,127 millions / Extraordinary loss Impairment loss on investment securities ¥4,899 millions
Depreciation and amortization¥2,032 millions
Orders received and order backlogOrders received ¥296,259 millions / Order backlog (carried forward) ¥526,122 millions
Availability of Supplementary Financial Results MaterialsAvailable
Availability of Financial Results BriefingHeld (for institutional investors and securities analysts)
Issued Shares at Period-End140,478,804
Treasury Shares at Period-End9,566,993
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 September 2026 |
| Net Sales | ¥181,710 millions (YoY -6.6%) |
| Operating profit | ¥18,101 millions (YoY -26.7%) |
| Ordinary income | ¥19,728 millions (YoY -24.4%) |
| Profit attributable to owners of the parent | ¥11,559 millions (YoY -42.8%) |
| Net income per share | ¥88.31 |
| Equity ratio | End of the current fiscal period 61.8 / End of previous period 55 |
| Total assets | ¥337,756 millions |
| Net assets | ¥214,057 millions |
| Cash flows from operating activities | ¥47,528 millions |
| Cash flows from investing activities | ¥-993 millions |
| Cash flows from financing activities | ¥-39,321 millions |
| Cash and cash equivalents at end of period | ¥50,075 millions |
| Full-year earnings forecast | Net Sales ¥470,000 millions (YoY +10.9%) / Operating profit ¥60,000 millions (YoY +25.7%) / Ordinary income ¥63,000 millions (YoY +24.4%) / Net income ¥40,000 millions (YoY +6.7%) |
| Revision to Earnings Forecast | Net Sales Not disclosed → ¥470,000 millions / Operating profit Not disclosed → ¥60,000 millions / Ordinary income Not disclosed → ¥63,000 millions / Net income Not disclosed → ¥40,000 millions |
| Annual Dividend Forecast | 115 yen (per share; prior fiscal year reflects stock split) → 123 yen (per share; prior fiscal year reflects stock split) |
| Segment revenue | Facilities Construction Business ¥177,722 millions (YoY -6.9%) / Manufacture and sale of facilities equipment ¥4,428 millions (YoY +12.6%) / Other ¥112 millions (YoY +12.4%) |
| Segment profit | Facilities Construction Business ¥17,555 millions (YoY -28.1%) / Manufacture and sale of facilities equipment ¥474 millions (YoY +171.7%) / Other ¥82 millions (YoY +3.0%) |
| Regional sales | Overseas ¥38,888 millions (YoY +11.9%) |
| Orders received and order backlog | Orders received ¥296,259 millions / Order backlog (carried forward) ¥526,122 millions |
| Depreciation and amortization | ¥2,032 millions |
| Impairment loss | None |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on Sale of Investment Securities ¥3,127 millions / Extraordinary loss Impairment loss on investment securities ¥4,899 millions |
| Disclosure regarding the going concern assumption | None |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Changes in the scope of consolidation | New 0 / Excluded 0 / Company name None |
| Material subsequent events | None |
| Availability of Supplementary Financial Results Materials | Available |
| Availability of Financial Results Briefing | Held (for institutional investors and securities analysts) |
| Issued Shares at Period-End | 140,478,804 |
| Treasury Shares at Period-End | 9,566,993 |
| Factors Behind Changes in Business Performance | The equipment construction business recorded lower revenue and profit, while the equipment manufacturing and sales business and Other recorded higher revenue and profit. The business environment is described as including persistently high materials and equipment prices and labor costs, as well as supply-chain impacts resulting from instability in the Middle East. |
Items this document does not state (3)
Operating MarginPayout ratioShareholder Return Policy
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.The company describes a business environment requiring a cautious response, including persistently high materials and equipment prices and labor costs, as well as supply-chain impacts resulting from instability in the Middle East. The reason given for revising the full-year forecast is that it reflects "recent performance trends."
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.