Results for this period
Interim period (second quarter)1 April 2026–30 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.
Domestic belt sales remained firm for electric drive units, agricultural machinery and semiconductor-related applications. Overseas belt sales increased for transmission belts for motorcycles and multipurpose four-wheel vehicles, electrification-related products, and products for Asian markets, including China. Construction materials revenue declined because of construction delays, labor shortages and a decrease in large-scale construction projects. In Other, electronic materials sales remained firm, and higher silver prices also contributed.
Not applicable.
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026–30 September 2026 |
| Net Sales | 51,389 Million yen (YoY +12.0%) |
| Operating profit | 6,667 Million yen (YoY +45.0%) |
| Ordinary income | 7,142 Million yen (YoY +40.7%) |
| Profit attributable to owners of the parent | 6,410 Million yen (YoY +65.6%) |
| Net income per share | ¥230.13 |
| Equity ratio | End of the current fiscal period 77.5 / End of previous period 78.2 |
| Total assets | 133,613 Million yen |
| Net assets | 103,553 Million yen |
| Full-year earnings forecast | Net Sales 98,000 Million yen (YoY +6.2%) / Operating profit 11,300 Million yen (YoY +30.2%) / Ordinary income 11,800 Million yen (YoY +15.9%) / Net income 11,500 Million yen (YoY +55.6%) |
| Revision to Earnings Forecast | Net Sales Not disclosed → 98,000 Million yen / Operating profit Not disclosed → 11,300 Million yen / Ordinary income Not disclosed → 11,800 Million yen / Net income Not disclosed → 11,500 Million yen |
| Annual Dividend Forecast | 191 Yen → 193 Yen(+1.0%) |
| Segment revenue | Domestic belt business 15,757 Million yen (YoY +6.9%) / Overseas belt business 29,323 Million yen (YoY +18.7%) / Construction materials business 2,837 Million yen (YoY -17.1%) / Other 3,471 Million yen (YoY +15.8%) |
| Segment profit | Domestic belt business 4,579 Million yen (YoY +30.1%) / Overseas belt business 3,851 Million yen (YoY +81.7%) / Construction materials business -56 Million yen / Other 252 Million yen (YoY +41.6%) |
| Depreciation and amortization | 2,450 Million yen |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on Sale of Investment Securities 1,913 Million yen / Extraordinary loss Not disclosed |
| Disclosure regarding the going concern assumption | Not applicable. |
| 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 | No (the number and names of companies newly consolidated or excluded are not disclosed) |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (for analysts) |
| Issued Shares at Period-End | 31,104,198 Shares |
| Treasury Shares at Period-End | 3,392,543 Shares |
| Factors Behind Changes in Business Performance | Domestic belt sales remained firm for electric drive units, agricultural machinery and semiconductor-related applications. Overseas belt sales increased for transmission belts for motorcycles and multipurpose four-wheel vehicles, electrification-related products, and products for Asian markets, including China. Construction materials revenue declined because of construction delays, labor shortages and a decrease in large-scale construction projects. In Other, electronic materials sales remained firm, and higher silver prices also contributed. |
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.Domestic belt sales remained firm for electric drive units, agricultural machinery and semiconductor-related applications. Overseas belt sales increased for transmission belts for motorcycles and multipurpose four-wheel vehicles, electrification-related products, and products for Asian markets, including China. In Other, electronic materials sales remained firm, while higher silver prices also contributed to the increase in revenue. Construction materials revenue declined because of construction delays, labor shortages and a decrease in large-scale construction projects. The details of the reasons for revising the full-year earnings forecast are not provided in this earnings report.