Komori
Earnings1994TAKAHASHI CURTAIN WALL CORPORATIONConstruction and Materials

Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending December 2026 [Japanese GAAP] (Consolidated)

In the 2026 interim period, revenue increased on higher orders and the maintenance of factory operating rates, while operating income, ordinary income and net income all moved from losses to profits. The full-year forecasts for earnings and dividends remain unchanged.

Worth reading
40Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
586
Millions of yen (interim-period operating income)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 January 2026–30 June 2026ConsolidatedJapanese GAAP
Net Sales4,208¥ millionYear on year +22.0%Progress 51.6%
Operating profit586¥ millionProgress 80.3%
Ordinary income666¥ millionProgress 80.2%
Net income attributable to owners of the parent438¥ million

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¥55.36
Financial position at period-end
Total assets12,835¥ million
of which net assets 11,147 ¥ millionEquity ratio 86.9%vs. prior year-end +1.4pt

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+434,465
Investment-90,445
Financials-404,337
Net change-60,317

Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ thousand).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¥2,090,036 thousand
Segment revenuePC Curtain Wall Business ¥3,605.70 million (YoY +24.2%), Aqua business ¥571.30 million (YoY +11.0%), Other ¥31.13 million (YoY -0.1%)
Segment profitPC Curtain Wall Business ¥534.74 million, Aqua business ¥52.77 million (YoY +6.8%), Other ¥-0.92 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥8,150 million (YoY +11.1%)
Operating profit¥730 million (YoY +547.8%)
Ordinary income¥830 million (YoY +344.6%)
Profit attributable to owners of the parent¥550 million (YoY +188.7%)
Annual Dividend Forecast¥20 → ¥22(+10.0%)
Factors Behind Changes in Business Performance

Through detailed sales efforts, the company won orders for a wide variety of projects in numerous regions and maintained factory operating rates. In the Aqua Business, it sought to expand projects including the construction of new school pools and renovation work at aging pool facilities. The recovery in inbound tourism also put the number of hotel pools on an upward trend.

Disclosure regarding the going concern assumption

None (the note on the going concern assumption states, “There are no applicable matters.”)

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 Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥5 thousand / Extraordinary loss Loss on Disposal of Fixed Assets ¥106 thousand
Depreciation and amortization¥126,838 thousand
Orders received and order backlogOrders received ¥5,381 million (YoY +36.0%) / Order backlog ¥10,061 million (YoY +13.2%)
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End9,553,011
Treasury Shares at Period-End1,629,264
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 January 2026–30 June 2026
Net Sales¥4,208 million (YoY +22.0%)
Operating profit¥586 million
Ordinary income¥666 million
Profit attributable to owners of the parent¥438 million
Net income per share¥55.36
Equity ratioEnd of the current fiscal period 86.9% / End of previous period 85.5%
Total assets¥12,835 million
Net assets¥11,147 million
Cash flows from operating activities¥434,465 thousand
Cash flows from investing activities¥-90,445 thousand
Cash flows from financing activities¥-404,337 thousand
Cash and cash equivalents at end of period¥2,090,036 thousand
Full-year earnings forecastNet Sales ¥8,150 million (YoY +11.1%) / Operating profit ¥730 million (YoY +547.8%) / Ordinary income ¥830 million (YoY +344.6%) / Profit attributable to owners of the parent ¥550 million (YoY +188.7%)
Annual Dividend Forecast¥20 → ¥22(+10.0%)
Segment revenuePC Curtain Wall Business ¥3,605.70 million (YoY +24.2%), Aqua business ¥571.30 million (YoY +11.0%), Other ¥31.13 million (YoY -0.1%)
Segment profitPC Curtain Wall Business ¥534.74 million, Aqua business ¥52.77 million (YoY +6.8%), Other ¥-0.92 million
Orders received and order backlogOrders received ¥5,381 million (YoY +36.0%) / Order backlog ¥10,061 million (YoY +13.2%)
Depreciation and amortization¥126,838 thousand
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥5 thousand / Extraordinary loss Loss on Disposal of Fixed Assets ¥106 thousand
Disclosure regarding the going concern assumptionNone (the note on the going concern assumption states, “There are no applicable matters.”)
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No
Changes in the scope of consolidationNew Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End9,553,011
Treasury Shares at Period-End1,629,264
Factors Behind Changes in Business PerformanceThrough detailed sales efforts, the company won orders for a wide variety of projects in numerous regions and maintained factory operating rates. In the Aqua Business, it sought to expand projects including the construction of new school pools and renovation work at aging pool facilities. The recovery in inbound tourism also put the number of hotel pools on an upward trend.
Items this document does not state (7)
Operating MarginRevision to Earnings ForecastPayout ratioShareholder Return PolicyRegional salesImpairment lossMaterial subsequent events

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.

Through detailed sales efforts, the company won orders for a wide variety of projects in numerous regions and maintained factory operating rates. In the Aqua Business, it sought to expand projects including the construction of new school pools and renovation work at aging facilities. The recovery in inbound tourism also put the number of hotel pools on an upward trend.

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.
Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending December 2026 [Japanese GAAP] (Consolidated) | TAKAHASHI CURTAIN WALL CORPORATION (1994) timely disclosure | Komori