Results for this period
Interim period (second quarter)1 April 2026–30 September 2026ConsolidatedJapanese GAAPThe 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.
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.
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.
In addition to securing products, implementing timely and appropriate price pass-through and ensuring stable supply by leveraging inventory and logistics functions, sales of stainless steel products, copper pipes, chemical products, residential equipment and other products increased.
No applicable items. No applicable items are reported either in the notes to the interim consolidated financial statements or in the section on material events or conditions relating to the going concern assumption.
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026–30 September 2026 |
| Net Sales | ¥19,904 million (YoY +10.6%) |
| Operating profit | ¥554 million (YoY +88.3%) |
| Ordinary income | ¥532 million (YoY +91.7%) |
| Profit attributable to owners of the parent | ¥346 million (YoY +120.2%) |
| Net income per share | ¥88.87 |
| Equity ratio | End of the current fiscal period 29.1 / End of previous period 30.4 |
| Total assets | ¥20,049 million |
| Net assets | ¥5,833 million |
| Cash flows from operating activities | ¥-2,065,395 thousand |
| Cash flows from investing activities | ¥14,473 thousand |
| Cash flows from financing activities | ¥1,898,278 thousand |
| Cash and cash equivalents at end of period | ¥1,580,614 thousand |
| Full-year earnings forecast | Net Sales ¥40,000 million (YoY +7.2%) / Operating profit ¥900 million (YoY +9.3%) / Ordinary income ¥830 million (YoY +5.6%) / Profit attributable to owners of the parent ¥550 million (YoY +50.8%) |
| Annual Dividend Forecast | ¥40 → ¥43（+7.5%） |
| Segment revenue | Piping equipment and materials ¥19,710 million (YoY +10.7%), Construction-related ¥70 million (YoY +149.0%), Logistics-related ¥123 million (YoY -18.1%) |
| Segment profit | Piping equipment and materials ¥489 million (YoY +121.0%), Construction-related ¥-3 million, Logistics-related ¥68 million (YoY -18.0%) |
| Depreciation and amortization | ¥60,968 thousand |
| Impairment loss | ¥77,260 thousand |
| Breakdown of extraordinary income (loss) | Extraordinary income Lease termination compensation received ¥60,000 thousand / Extraordinary loss Impairment losses ¥77,260 thousand |
| Disclosure regarding the going concern assumption | No applicable items. No applicable items are reported either in the notes to the interim consolidated financial statements or in the section on material events or conditions relating to the going concern assumption. |
| 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 | No change |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | No |
| Issued Shares at Period-End | 3,969,000 |
| Treasury Shares at Period-End | 53,880 |
| Factors Behind Changes in Business Performance | In addition to securing products, implementing timely and appropriate price pass-through and ensuring stable supply by leveraging inventory and logistics functions, sales of stainless steel products, copper pipes, chemical products, residential equipment and other products increased. |
Items this document does not state (7)
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.This was attributable to securing products through collaboration with suppliers and manufacturers, timely and appropriate price pass-through, stable supply by leveraging inventory and logistics functions, and increased sales of stainless steel products, copper pipes, chemical products, residential equipment and other products.