Results for this period
First quarter1 January 2026–31 March 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 shaded area represents net assets as a proportion of total assets. It is calculated from the two amounts reported by the company.
Stacked from zero: upward is an increase in cash, downward a decrease (in thousand yen).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Net sales increased due to the consolidation of ミトヨ, higher production volumes at manufacturers of industrial machinery, demand for renovations at educational facilities, improvement and renovation work at railway facilities, the capture of demand in North America and the weaker yen, while operating income decreased due to higher costs associated with expanding the logistics system in North America and the application of hyperinflationary accounting to the Argentine subsidiary.
No applicable matters.
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 January 2026–31 March 2026 |
| Net Sales | 25,643,331 thousand yen (YoY +24.2%) |
| Operating profit | 1,271,018 thousand yen (YoY -13.7%) |
| Ordinary income | 1,413,454 thousand yen (YoY -13.2%) |
| Profit attributable to owners of the parent | 958,194 thousand yen (YoY -17.7%) |
| Total assets | 91,987,833 thousand yen |
| Net assets | 50,120,837 thousand yen |
| Cash flows from operating activities | 246,777 thousand yen |
| Cash flows from investing activities | -409,669 thousand yen |
| Cash flows from financing activities | 1,194,049 thousand yen |
| Cash and cash equivalents at end of period | 12,610,717 thousand yen |
| Segment revenue | Asia Industrial Materials Business 7,785,636 thousand yen (YoY +87.2%), Asia Sports and Construction Materials Business 3,127,501 thousand yen (YoY +5.9%), Asia Other Business 129,970 thousand yen (YoY +31.6%), Asia Total 11,043,108 thousand yen (YoY +53.1%), North America Business 12,715,686 thousand yen (YoY +8.0%), Europe, South America and Oceania Business 1,884,536 thousand yen (YoY +13.8%) |
| Segment profit | Asia Industrial Materials Business 758,481 thousand yen (YoY +74.8%), Asia Sports and Construction Materials Business 348,541 thousand yen (YoY +23.2%), Asia Other Business -10,077 thousand yen, Asia Total 1,096,945 thousand yen (YoY +55.6%), North America Business 552,080 thousand yen (YoY -42.0%), Europe, South America and Oceania Business 137,476 thousand yen (YoY -34.3%) |
| Depreciation and amortization | 467,131 thousand yen |
| Impairment loss | No applicable matters. |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets 6,919 thousand yen / Extraordinary loss Loss on Disposal of Fixed Assets 869 thousand yen, Loss on valuation of golf membership rights 420 thousand yen |
| Disclosure regarding the going concern assumption | No applicable matters. |
| Changes in the scope of consolidation | No new inclusions or exclusions during the period: Not disclosed. 株式会社ミトヨ was brought into the group in April 2025 and has been included in the consolidated accounts from the first quarter under review. |
| Material subsequent events | No applicable matters. |
| Factors Behind Changes in Business Performance | Net sales increased due to the consolidation of ミトヨ, higher production volumes at manufacturers of industrial machinery, demand for renovations at educational facilities, improvement and renovation work at railway facilities, the capture of demand in North America and the weaker yen, while operating income decreased due to higher costs associated with expanding the logistics system in North America and the application of hyperinflationary accounting to the Argentine subsidiary. |
Items this document does not state (15)
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 increased due to the consolidation of 株式会社ミトヨ, higher production volumes at manufacturers of industrial machinery such as agricultural and construction equipment, demand for renovations at educational facilities, improvement and renovation work at railway facilities, the capture of demand in North America and the weaker yen compared with the same period of the previous year. In contrast, higher costs associated with expanding the logistics system in North America, as well as the application of hyperinflationary accounting to the Argentine subsidiary in Europe, South America and Oceania, were factors contributing to lower profits.