Worth reading
43Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
93138
¥ millionWording
Avoiding a definitive answer
How definitive the wording is.Results for this period
Third quarter1 April 2025 to 31 December 2025ConsolidatedJapanese GAAPNet Sales93,138¥ million
Operating profit16,183¥ million
Ordinary income13,098¥ million
Net income attributable to owners of the parent9,499¥ million
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.
Net income per share¥504.93
Financial position at period-end
Total assets187,284¥ million
of which net assets 54,044 ¥ millionEquity ratio 22.6%vs. prior year-end +7.0pt
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.
Segment revenue
Solar Panel Manufacturing Business86,57893.0%
Green Energy Business6,1166.6%
Other4440.5%
Segment profit
Solar Panel Manufacturing Business16,116
Green Energy Business720
Other-91
Outlook and shareholder returns
Full-year earnings forecast
Net SalesForecast value Withdrawn / Year-on-year change Not disclosed
Operating profitForecast value Withdrawn / Year-on-year change Not disclosed
Ordinary incomeForecast value Withdrawn / Year-on-year change Not disclosed
Net incomeForecast value Withdrawn / Year-on-year change Not disclosed
Revision to Earnings ForecastNet Sales Previous forecast Not disclosed / Revised forecast Withdrawn / Change in amount Not disclosed / Change Rate Not disclosed / Operating profit Previous forecast Not disclosed / Revised forecast Withdrawn / Change in amount Not disclosed / Change Rate Not disclosed / Ordinary income Previous forecast Not disclosed / Revised forecast Withdrawn / Change in amount Not disclosed / Change Rate Not disclosed / Net income Previous forecast Not disclosed / Revised forecast Withdrawn / Change in amount Not disclosed / Change Rate Not disclosed
Annual Dividend ForecastPrevious forecast ¥3 / Revised forecast ¥3 / Change in amount ¥0 / Change Rate ¥0
Factors Behind Changes in Business Performance
Increased solar cell production capacity in Ethiopia, progress in cell sales mainly in the United States and Asia, and the bringing forward of sales to the United States. In the green energy business, sales were trending downward because of the reaction to solar power plant sales in the first half and the sale of company-owned solar power plants.
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
Material subsequent eventsNo applicable matters.
Impairment lossAmount ¥27 million / Subject assets Not disclosed
Breakdown of extraordinary income (loss)Extraordinary income Item Gain on sale of non-current assets / Amount ¥4,306 million, Item Gain on sale of investment securities / Amount ¥21 million, Item Gain on reversal of subscription rights to shares / Amount ¥143 million, Item Other / Amount ¥75 million / Extraordinary loss Item Loss on sale of fixed assets / Amount ¥1 million, Item Loss on Disposal of Fixed Assets / Amount ¥0 million, Item Impairment Losses / Amount ¥27 million, Item Correction-Related Costs / Amount ¥129 million, Item Extraordinary loss associated with repayment of installment liabilities / Amount ¥99 million, Item Other / Amount ¥222 million
Depreciation and amortization¥6,142 million
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo
Issued Shares at Period-End19,033,193
Treasury Shares at Period-End82,551
| Item | Details |
|---|---|
| Fiscal Period Classification | Third quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2025 to 31 December 2025 |
| Net Sales | ¥93,138 million |
| Operating profit | ¥16,183 million |
| Ordinary income | ¥13,098 million |
| Profit attributable to owners of the parent | ¥9,499 million |
| Net income per share | ¥504.93 |
| Equity ratio | End of the current fiscal period 22.6 / End of previous period 15.6 |
| Total assets | ¥187,284 million |
| Net assets | ¥54,044 million |
| Full-year earnings forecast | Net Sales Forecast value Withdrawn / Year-on-year change Not disclosed / Operating profit Forecast value Withdrawn / Year-on-year change Not disclosed / Ordinary income Forecast value Withdrawn / Year-on-year change Not disclosed / Net income Forecast value Withdrawn / Year-on-year change Not disclosed |
| Revision to Earnings Forecast | Net Sales Previous forecast Not disclosed / Revised forecast Withdrawn / Change in amount Not disclosed / Change Rate Not disclosed / Operating profit Previous forecast Not disclosed / Revised forecast Withdrawn / Change in amount Not disclosed / Change Rate Not disclosed / Ordinary income Previous forecast Not disclosed / Revised forecast Withdrawn / Change in amount Not disclosed / Change Rate Not disclosed / Net income Previous forecast Not disclosed / Revised forecast Withdrawn / Change in amount Not disclosed / Change Rate Not disclosed |
| Annual Dividend Forecast | Previous forecast ¥3 / Revised forecast ¥3 / Change in amount ¥0 / Change Rate ¥0 |
| Segment revenue | Segment Solar Panel Manufacturing Business / Net Sales ¥86,578 million / Year on year against the same period last year Not disclosed, Segment Green Energy Business / Net Sales ¥6,116 million / Year on year against the same period last year Not disclosed, Segment Other / Net Sales ¥444 million / Year on year against the same period last year Not disclosed |
| Segment profit | Segment Solar Panel Manufacturing Business / Segment profit ¥16,116 million / Year on year against the same period last year Not disclosed, Segment Green Energy Business / Segment profit ¥720 million / Year on year against the same period last year Not disclosed, Segment Other / Segment profit ¥-91 million / Year on year against the same period last year Not disclosed |
| Depreciation and amortization | ¥6,142 million |
| Impairment loss | Amount ¥27 million / Subject assets Not disclosed |
| Breakdown of extraordinary income (loss) | Extraordinary income Item Gain on sale of non-current assets / Amount ¥4,306 million, Item Gain on sale of investment securities / Amount ¥21 million, Item Gain on reversal of subscription rights to shares / Amount ¥143 million, Item Other / Amount ¥75 million / Extraordinary loss Item Loss on sale of fixed assets / Amount ¥1 million, Item Loss on Disposal of Fixed Assets / Amount ¥0 million, Item Impairment Losses / Amount ¥27 million, Item Correction-Related Costs / Amount ¥129 million, Item Extraordinary loss associated with repayment of installment liabilities / Amount ¥99 million, Item Other / Amount ¥222 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 |
| Material subsequent events | No applicable matters. |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | No |
| Issued Shares at Period-End | 19,033,193 |
| Treasury Shares at Period-End | 82,551 |
| Factors Behind Changes in Business Performance | Increased solar cell production capacity in Ethiopia, progress in cell sales mainly in the United States and Asia, and the bringing forward of sales to the United States. In the green energy business, sales were trending downward because of the reaction to solar power plant sales in the first half and the sale of company-owned solar power plants. |
Items this document does not state (10)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogChanges in the scope of consolidation
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.Year-on-year comparisons are not provided because the comparative period for the prior year differs following the change in the fiscal year-end. In the solar panel manufacturing business, the company cited increased cell production capacity in Ethiopia, expanded sales to the United States and Asia, and the bringing forward of sales to the United States. In the green energy business, the company explained that sales were trending downward because of the reaction to solar power plant sales in the first half and the sale of company-owned power plants. The text does not state the reason for withdrawing the full-year earnings forecast.
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.