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 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.
In Japan, sales from repeat projects declined, but higher sales of standard bottles contributed to increases in gross profit and the gross profit margin. In India, sales and profits increased as a result of market expansion, a broader product lineup, and an increase in customers driven by positive evaluations of design and quality. In China, cost reductions through the continued expansion of automated and labor-saving production lines, in addition to stronger sales activities, contributed to results.
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 | ¥3,787 million (YoY +1.1%) |
| Operating profit | ¥295 million (YoY +28.5%) |
| Ordinary income | ¥281 million (YoY +15.4%) |
| Profit attributable to owners of the parent | ¥202 million (YoY +7.5%) |
| Net income per share | ¥16.75 |
| Equity ratio | End of the current fiscal period 72.4 / End of previous period 71.4 |
| Total assets | ¥16,668 million |
| Net assets | ¥12,118 million |
| Full-year earnings forecast | Net Sales ¥15,800 million (YoY +9.0%) / Operating profit ¥1,150 million (YoY +16.0%) / Ordinary income ¥1,200 million (YoY +12.3%) / Net income ¥900 million (YoY +16.7%) |
| Annual Dividend Forecast | ¥36 → ¥38（+5.6%） |
| Shareholder Return Policy | Dividend on equity (DOE): 4.3% for the fiscal year ended December 2025; forecast of 4.4% for the fiscal year ending December 2026 |
| Regional sales | ¥2,823 million (YoY -4.2%), ¥290 million (YoY +57.2%), ¥676 million (YoY +11.6%) |
| Depreciation and amortization | ¥252,877 thousand |
| Breakdown of extraordinary income (loss) | Extraordinary income Not disclosed / Extraordinary loss Loss on Disposal of Fixed Assets ¥283 thousand |
| 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 0 companies (company name: —) / Excluded 0 companies (company name: —) |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | None (対象者：Not disclosed) |
| Issued Shares at Period-End | 12,529,200 shares |
| Treasury Shares at Period-End | 462,204 shares |
| Factors Behind Changes in Business Performance | In Japan, sales from repeat projects declined, but higher sales of standard bottles contributed to increases in gross profit and the gross profit margin. In India, sales and profits increased as a result of market expansion, a broader product lineup, and an increase in customers driven by positive evaluations of design and quality. In China, cost reductions through the continued expansion of automated and labor-saving production lines, in addition to stronger sales activities, contributed to results. |
Items this document does not state (12)
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, although sales from repeat projects declined, higher sales of standard bottles contributed to increases in gross profit and the gross profit margin. In India, market expansion, a broader product lineup, and an increase in customers driven by positive evaluations of design and quality contributed to results. In China, stronger sales activities and cost reductions through automation and labor-saving measures at production sites contributed to results.