Worth reading
70In focus
Scored from 5 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
6471
¥ million (year-on-year increase in consolidated net sales)Wording
Conditional
How definitive the wording is.Contents of this document
Supplementary materials for earnings summaryThird quarter of the fiscal year ending December 20267 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥25,234 million+34.5%
Operating profit¥5,497 million+90.6%
Net income¥3,636 million+54.1%
Operating profit margin
Rate21.8
Results for the three months of the current quarter
Net Sales
¥8,959 million
Operating profit
¥1,933 million
Operating profit margin
21.6 %
Full-year earnings forecast
Consolidated revenue
¥32,000 million
Consolidated operating profit
¥6,000 million
Profit attributable to owners of the parent
¥4,100 million
Progress against full-year forecast 通期の予想に対して、いまどこまで進んだかの割合です。
Consolidated revenue
Initial forecast90.1%
Revised forecast as of 15 July78.9%
Consolidated operating profit
Initial forecast137.4%
Revised forecast as of 15 July91.6%
Profit attributable to owners of the parent
Initial forecast129.9%
Revised forecast as of 15 July88.7%
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Increase in Fittings segment sales¥8,233 million
- Increase in clean energy-related sales¥5,497 million
- Increase in sales related to semiconductor manufacturers¥1,732 million
- Decrease in Disaster Prevention and Construction segment sales¥-1,794 million
- Decrease in semiconductor-related construction sales¥-1,135 million
- Increase in Fittings segment operating income¥2,771 million
- Decrease in Disaster Prevention and Construction segment operating income¥-267 million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
The timing of sales recognition may vary depending on project progress, customers’ investment and production plans, delivery timing, changes to construction periods and other factors. Numerical assumptions: Not disclosed.New initiatives
- Focused allocation of resources to low-temperature line products for the semiconductor market
- Planned launch of new products
- Continued order fulfillment for the hydrogen carrier vessel project
- Expansion of sales channels for the SDF method for water pipeline renewal
- Promotion of new product development in response to market needs
Key KPIsA metric the company considers important as a management benchmark.
- Sales ratio in growth markets44 %Year on year against the same period last year27% in 2025
- Overseas clean energy-related sales¥6,904 million
- Operating margin on Automotive and Robotics business sales5.3 %Year on year against the same period last year5.0% in 2025
- Semiconductor-related construction sales¥625 millionYear on year against the same period last yearDown from ¥1,761 million
Segment results
- Fittings businessNet Sales¥18,739 millionYear-on-year change in net sales¥8,233 million increaseYear-on-year change in operating income¥2,771 million increase
- Disaster Prevention and Construction businessNet Sales¥3,398 millionYear-on-year change in net sales¥-1,794 millionYear-on-year change in operating income¥-267 million
- Automotive and Robotics businessOperating profit marginCumulative third quarter of 2024 -2.6 % / Year-earlier period in 2025 5 % / Year-earlier period in 2026 5.3 %
- Elderly Care businessNet SalesGenerally unchangedProfitSlight improvement due to cost-control effects and other factors
Market Size / Share
- Global semiconductor demand¥145 trillion 2020 forecast
- Global robotics market45 US$ billion 2028 forecast
- Nuclear power’s share of the power generation mix20 % 2040 target
- Government target for domestic hydrogen and other introductions2,000 10,000 tonnes 2050 target
- Aging rate of water pipelines23.6 % 2022
Number of employees
Number of Employees
- Fittings646 people
- Disaster Prevention and Construction118 people
- Automotive and Robotics76 people
- Elderly Care142 people
- Tianjin Tianfu Flexible Tube Industry119 people
- Tianfu Vacuum Equipment Flexible Tube (Shanghai)34 people
- TF（VIETNAM）160 people
StandardAt the end of fiscal 2025, including temporary employees
| Item | Details |
|---|---|
| Document type | Supplementary materials for earnings summary |
| Fiscal Period Covered | Third quarter of the fiscal year ending December 2026 |
| Net Sales | ¥25,234 million (YoY +34.5%) |
| Operating profit | ¥5,497 million (YoY +90.6%) |
| Net income | ¥3,636 million (YoY +54.1%) |
| Operating profit margin | Rate 21.8 / Year-on-year change (points) Not disclosed |
| Results for the three months of the current quarter | Net Sales ¥8,959 million / Operating profit ¥1,933 million / Operating profit margin 21.6 % |
| Full-year earnings forecast | Consolidated revenue ¥32,000 million / Consolidated operating profit ¥6,000 million / Profit attributable to owners of the parent ¥4,100 million |
| Progress against full-year forecast | Consolidated revenue Initial forecast 90.1% / Revised forecast as of 15 July 78.9% / Consolidated operating profit Initial forecast 137.4% / Revised forecast as of 15 July 91.6% / Profit attributable to owners of the parent Initial forecast 129.9% / Revised forecast as of 15 July 88.7% |
| Segment results | Segment Fittings business / Net Sales ¥18,739 million / Year-on-year change in net sales ¥8,233 million increase / Year-on-year change in operating income ¥2,771 million increase, Segment Disaster Prevention and Construction business / Net Sales ¥3,398 million / Year-on-year change in net sales ¥-1,794 million / Year-on-year change in operating income ¥-267 million, Segment Automotive and Robotics business / Net Sales Not disclosed / Operating profit margin Cumulative third quarter of 2024 -2.6 % / Year-earlier period in 2025 5 % / Year-earlier period in 2026 5.3 %, Segment Elderly Care business / Net Sales Generally unchanged / Profit Slight improvement due to cost-control effects and other factors |
| Breakdown of Factors Affecting the Change | Increase in Fittings segment sales ¥8,233 million, Increase in clean energy-related sales ¥5,497 million, Increase in sales related to semiconductor manufacturers ¥1,732 million, Decrease in Disaster Prevention and Construction segment sales ¥-1,794 million, Decrease in semiconductor-related construction sales ¥-1,135 million, Increase in Fittings segment operating income ¥2,771 million, Decrease in Disaster Prevention and Construction segment operating income ¥-267 million |
| Key KPIs | Indicator name Sales ratio in growth markets / Value 44 % / Year on year against the same period last year 27% in 2025, Indicator name Overseas clean energy-related sales / Value ¥6,904 million / Year on year against the same period last year Not disclosed, Indicator name Operating margin on Automotive and Robotics business sales / Value 5.3 % / Year on year against the same period last year 5.0% in 2025, Indicator name Semiconductor-related construction sales / Value ¥625 million / Year on year against the same period last year Down from ¥1,761 million |
| Number of employees | Number of Employees Fittings 646 people, Disaster Prevention and Construction 118 people, Automotive and Robotics 76 people, Elderly Care 142 people, Tianjin Tianfu Flexible Tube Industry 119 people, Tianfu Vacuum Equipment Flexible Tube (Shanghai) 34 people, TF（VIETNAM） 160 people / Standard At the end of fiscal 2025, including temporary employees |
| Assumptions Underlying the Business Outlook | The timing of sales recognition may vary depending on project progress, customers’ investment and production plans, delivery timing, changes to construction periods and other factors. Numerical assumptions: Not disclosed. |
| Market Size / Share | Market Global semiconductor demand / Value ¥145 trillion (2020 forecast), Market Global robotics market / Value 45 US$ billion (2028 forecast), Market Nuclear power’s share of the power generation mix / Value 20 % (2040 target), Market Government target for domestic hydrogen and other introductions / Value 2,000 10,000 tonnes (2050 target), Market Aging rate of water pipelines / Value 23.6 % (2022) |
| New initiatives | Focused allocation of resources to low-temperature line products for the semiconductor market, Planned launch of new products, Continued order fulfillment for the hydrogen carrier vessel project, Expansion of sales channels for the SDF method for water pipeline renewal, Promotion of new product development in response to market needs |
Items this document does not state (15)
Ordinary incomeGross Profit MarginSelling, general and administrative expensesSelf-assessment against the planUnit price and quantity metricsNumber of stores and locationsRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsAnnual DividendPayout ratioAcquisition of treasury sharesCapital expendituresOrders received and order backlogKey points of the Q&A
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.Increased demand related to clean energy and semiconductor manufacturers, price revisions across a broad range of fields, and improvements in product mix and profitability contributed to higher sales and earnings. Meanwhile, the decline in semiconductor-related construction was a factor behind lower sales and earnings in the Disaster Prevention and Construction business.
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.