Results for this period
First quarter1 April 2026 to 30 June 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.
Higher revenue and profit were driven by increased sales of core products on demand to secure inventories in Japan and a recovery in investment in semiconductor plant construction in the United States, as well as the passing on of increases in raw material prices to customers. The Water Treatment and Resource Development Business reported lower revenue and profit due to a decrease in large-scale construction projects and delays in the commencement and progress of construction work.
No applicable matters.
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 June 2026 |
| Net Sales | ¥21,114 million (YoY +5.5%) |
| Operating profit | ¥2,338 million (YoY +8.1%) |
| Ordinary income | ¥2,481 million (YoY +15.2%) |
| Profit attributable to owners of the parent | ¥1,617 million (YoY +18.9%) |
| Net income per share | ¥86.04 |
| Equity ratio | End of the current fiscal period 74.2 / End of previous period 74.5 |
| Total assets | ¥110,428 million |
| Net assets | ¥82,667 million |
| Full-year earnings forecast | Net Sales ¥90,000 million (YoY +12.4%) / Operating profit ¥8,500 million (YoY +12.1%) / Ordinary income ¥8,700 million (YoY +9.3%) / Profit attributable to owners of the parent ¥6,100 million (YoY +83.4%) |
| Annual Dividend Forecast | ¥120 → ¥130 |
| Segment revenue | Piping Systems Business ¥13,769 million (YoY +13.9%), Resin Business ¥6,061 million (YoY +0.1%), Water Treatment and Resource Development Business ¥1,285 million (YoY -31.2%) |
| Segment profit | Piping Systems Business ¥2,319 million (YoY +25.4%), Resin Business ¥214 million (YoY -42.1%), Water Treatment and Resource Development Business ¥-184 million |
| Depreciation and amortization | ¥835 million |
| Impairment loss | No applicable matters. |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥2 million / Extraordinary loss Loss on Disposal of Fixed Assets ¥18 million, Business structure improvement expenses ¥3 million, Liquidated damages for construction delays ¥9 million |
| Disclosure regarding the going concern assumption | No applicable matters. |
| 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 | New Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | No |
| Issued Shares at Period-End | 19,800,400 |
| Treasury Shares at Period-End | 1,003,283 |
| Factors Behind Changes in Business Performance | Higher revenue and profit were driven by increased sales of core products on demand to secure inventories in Japan and a recovery in investment in semiconductor plant construction in the United States, as well as the passing on of increases in raw material prices to customers. The Water Treatment and Resource Development Business reported lower revenue and profit due to a decrease in large-scale construction projects and delays in the commencement and progress of construction work. |
Items this document does not state (11)
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.In Japan, sales of core products increased on demand to secure inventories amid the situation in the Middle East, while in the United States, sales benefited from a recovery in investment in semiconductor plant construction. In terms of profit, higher revenue and progress in passing on increases in raw material prices to customers contributed to higher profit.