Worth reading
60In focus
Scored from 5 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
26.7
% (year-on-year increase in operating income)Wording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)1 December 2025–31 May 2026ConsolidatedJapanese GAAPNet Sales129,672¥ millionYear on year -1.2%Progress 49.9%
Operating profit7,455¥ millionYear on year +26.7%Progress 95.6%
Ordinary income8,522¥ millionYear on year +48.7%Progress 90.7%
Net income attributable to owners of the parent5,593¥ millionYear on year +38.1%Progress 94.8%
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¥87.42
Financial position at period-end
Total assets222,641¥ million
of which net assets 97,759 ¥ millionEquity ratio 43.0%vs. prior year-end +1.0pt
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+531
Investment-8,579
Financials+5,913
Net change-2,135
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).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¥29,375 million
Segment revenueEnergy & Solutions Business ¥64,960 million (YoY -4.5%), Engineering and Maintenance Business ¥19,526 million (YoY +13.5%), Housing Business ¥20,654 million (YoY +1.2%), Car Life Support Business ¥8,263 million (YoY -8.3%), Animal Healthcare Business ¥12,512 million (YoY +1.1%), Property Business ¥3,247 million (YoY -1.0%)
Segment profitEnergy & Solutions Business ¥5,442 million, Engineering and Maintenance Business ¥2,189 million, Housing Business ¥123 million, Car Life Support Business ¥-316 million, Animal Healthcare Business ¥-190 million, Property Business ¥285 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥260,000 million (YoY +3.4%)
Operating profit¥7,800 million (YoY +5.7%)
Ordinary income¥9,400 million (YoY -5.3%)
Net income¥5,900 million (YoY +0.5%)
Revision to Earnings ForecastNet Sales Not disclosed → ¥260,000 million / Operating profit ¥7,500 million → ¥7,800 million（+4.0%） / Ordinary income ¥8,400 million → ¥9,400 million（+11.9%） / Net income ¥5,200 million → ¥5,900 million（+13.5%）
Annual Dividend Forecast¥32 → ¥34（+6.3%）
Factors Behind Changes in Business Performance
Lower revenue due to reduced gas sales volumes and downward adjustments to city gas selling prices in the Energy & Solutions business, increased construction revenue from progress on large-scale projects, strong sales of equipment and construction services, higher profit in each segment, and the recognition of valuation gains on derivatives related to foreign exchange forward contracts.
Disclosure regarding the going concern assumption
Not applicable.
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 None / Excluded Number of companies 0 / Company name None
Material subsequent eventsNot applicable.
Impairment loss¥12 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥55 million, Gain on sale of investment securities ¥23 million, Other ¥37 million / Extraordinary loss Loss on disposal and sale of non-current assets ¥287 million, Impairment Losses ¥12 million, Other ¥29 million
Depreciation and amortization¥3,265 million
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingWhether applicable Yes / Subject person Institutional investors and analysts
Issued Shares at Period-End66,041,147 shares
Treasury Shares at Period-End2,498,164 shares
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 December 2025–31 May 2026 |
| Net Sales | ¥129,672 million (YoY -1.2%) |
| Operating profit | ¥7,455 million (YoY +26.7%) |
| Ordinary income | ¥8,522 million (YoY +48.7%) |
| Profit attributable to owners of the parent | ¥5,593 million (YoY +38.1%) |
| Net income per share | ¥87.42 |
| Equity ratio | End of the current fiscal period 43 / End of previous period 42 |
| Total assets | ¥222,641 million |
| Net assets | ¥97,759 million |
| Cash flows from operating activities | ¥531 million |
| Cash flows from investing activities | ¥-8,579 million |
| Cash flows from financing activities | ¥5,913 million |
| Cash and cash equivalents at end of period | ¥29,375 million |
| Full-year earnings forecast | Net Sales ¥260,000 million (YoY +3.4%) / Operating profit ¥7,800 million (YoY +5.7%) / Ordinary income ¥9,400 million (YoY -5.3%) / Net income ¥5,900 million (YoY +0.5%) |
| Revision to Earnings Forecast | Net Sales Not disclosed → ¥260,000 million / Operating profit ¥7,500 million → ¥7,800 million（+4.0%） / Ordinary income ¥8,400 million → ¥9,400 million（+11.9%） / Net income ¥5,200 million → ¥5,900 million（+13.5%） |
| Annual Dividend Forecast | ¥32 → ¥34（+6.3%） |
| Segment revenue | Energy & Solutions Business ¥64,960 million (YoY -4.5%), Engineering and Maintenance Business ¥19,526 million (YoY +13.5%), Housing Business ¥20,654 million (YoY +1.2%), Car Life Support Business ¥8,263 million (YoY -8.3%), Animal Healthcare Business ¥12,512 million (YoY +1.1%), Property Business ¥3,247 million (YoY -1.0%) |
| Segment profit | Energy & Solutions Business ¥5,442 million, Engineering and Maintenance Business ¥2,189 million, Housing Business ¥123 million, Car Life Support Business ¥-316 million, Animal Healthcare Business ¥-190 million, Property Business ¥285 million |
| Depreciation and amortization | ¥3,265 million |
| Impairment loss | ¥12 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥55 million, Gain on sale of investment securities ¥23 million, Other ¥37 million / Extraordinary loss Loss on disposal and sale of non-current assets ¥287 million, Impairment Losses ¥12 million, Other ¥29 million |
| Disclosure regarding the going concern assumption | Not applicable. |
| 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 Number of companies 0 / Company name None / Excluded Number of companies 0 / Company name None |
| Material subsequent events | Not applicable. |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | Whether applicable Yes / Subject person Institutional investors and analysts |
| Issued Shares at Period-End | 66,041,147 shares |
| Treasury Shares at Period-End | 2,498,164 shares |
| Factors Behind Changes in Business Performance | Lower revenue due to reduced gas sales volumes and downward adjustments to city gas selling prices in the Energy & Solutions business, increased construction revenue from progress on large-scale projects, strong sales of equipment and construction services, higher profit in each segment, and the recognition of valuation gains on derivatives related to foreign exchange forward contracts. |
Items this document does not state (5)
Operating MarginPayout ratioShareholder Return PolicyRegional salesOrders received and order backlog
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.Net sales declined due to lower revenue from the Energy & Solutions business, but profit increased in every segment except the Animal Healthcare business. Ordinary profit increased due to the recognition of valuation gains on derivatives related to foreign exchange forward contracts.
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.