Results for this period
Interim period (second quarter)1 April 2026 to 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 ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Increased demand for components used in semiconductor manufacturing equipment, against a backdrop of continued investment in data centers accompanying the growth in demand for generative AI and expanding demand for digitalisation and labour-saving solutions. The company also worked on developing new thin-film deposition processes, strengthening order-taking activities, developing new markets, developing new technologies, reducing costs and improving production efficiency.
None. The notes on going-concern assumptions state that there are no applicable matters.
| 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 | ¥34,586 million (YoY +22.2%) |
| Operating profit | ¥8,206 million (YoY +25.9%) |
| Ordinary income | ¥8,364 million (YoY +23.8%) |
| Profit attributable to owners of the parent | ¥5,509 million (YoY +24.4%) |
| Net income per share | ¥92.64 |
| Equity ratio | End of the current fiscal period 71.4% / End of previous period 74.8% |
| Total assets | ¥98,198 million |
| Net assets | ¥76,102 million |
| Cash flows from operating activities | ¥2,716 million |
| Cash flows from investing activities | ¥-3,666 million |
| Cash flows from financing activities | ¥552 million |
| Cash and cash equivalents at end of period | ¥14,315 million |
| Full-year earnings forecast | Net Sales ¥73,000 million (YoY +24.8%) / Operating profit ¥17,600 million (YoY +24.8%) / Ordinary income ¥17,800 million (YoY +20.7%) / Profit attributable to owners of the parent ¥11,700 million (YoY +16.3%) |
| Revision to Earnings Forecast | Net Sales ¥68,500 million → ¥73,000 million（+6.6%） / Operating profit ¥16,700 million → ¥17,600 million（+5.4%） / Ordinary income ¥16,700 million → ¥17,800 million（+6.6%） / Profit attributable to owners of the parent ¥10,860 million → ¥11,700 million（+7.7%） / Net income per share 182.6 yen and sen → 196.72 yen and sen |
| Annual Dividend Forecast | 85 yen and sen → 99 yen and sen |
| Payout ratio | 50.3% |
| Segment revenue | Thermal spraying (non-consolidated) ¥25,691 million (YoY +28.7%), Domestic Subsidiary ¥1,555 million (YoY +10.4%), Overseas Subsidiaries ¥5,915 million (YoY +4.7%), Other surface treatment ¥1,345 million (YoY +9.5%) |
| Segment profit | Thermal spraying (non-consolidated) ¥7,230 million (YoY +73.5%), Domestic Subsidiary ¥192 million (YoY +24.5%), Overseas Subsidiaries ¥1,991 million (YoY -14.6%), Other surface treatment ¥238 million (YoY +62.4%) |
| Orders received and order backlog | Orders received ¥39,092 million (YoY +39.1%) / Order backlog ¥19,427 million (YoY +73.3%) |
| Depreciation and amortization | ¥2,011 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of property, plant and equipment ¥1 million / Extraordinary loss Loss on disposal and sale of non-current assets ¥3 million |
| Disclosure regarding the going concern assumption | None. The notes on going-concern assumptions state that there are no applicable matters. |
| Change in accounting policy | Changes due to revisions to standards None / Other changes None / Change in accounting estimate None / Restatement None |
| Changes in the scope of consolidation | New — companies / Excluded — companies / Company name Not disclosed |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (for securities analysts and institutional investors) |
| Issued Shares at Period-End | 61,200,000 shares |
| Treasury Shares at Period-End | 1,721,991 treasury shares |
| Factors Behind Changes in Business Performance | Increased demand for components used in semiconductor manufacturing equipment, against a backdrop of continued investment in data centers accompanying the growth in demand for generative AI and expanding demand for digitalisation and labour-saving solutions. The company also worked on developing new thin-film deposition processes, strengthening order-taking activities, developing new markets, developing new technologies, reducing costs and improving production efficiency. |
Items this document does not state (5)
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.Demand for components used in semiconductor manufacturing equipment increased against a backdrop of continued investment in data centers accompanying the growth in demand for generative AI, as well as expanding demand for digitalisation and labour-saving solutions. In addition, the company worked on developing new thin-film deposition processes, strengthening order-taking activities, developing new markets, developing new technologies, reducing costs and improving production efficiency. The reasons given for revising the full-year forecast were that results for the interim period exceeded the previously announced forecast and that strong order activity is expected to continue in the second half, particularly in semiconductor-related businesses.