Worth reading
60In focus
Scored from 5 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
60000
¥ millionWording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAPNet Sales371,306¥ millionYear on year +13.8%Progress 48.2%
Operating profit69,889¥ millionYear on year +43.5%Progress 53.8%
Ordinary income70,395¥ millionYear on year +50.8%Progress 55.9%
Net income attributable to owners of the parent60,800¥ millionYear on year +154.7%
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. 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.
Net income per share¥214.66
Financial position at period-end
Total assets1,237,456¥ million
of which net assets 830,375 ¥ millionEquity ratio 66.3%vs. prior year-end +1.3pt
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 revenueEnvironment Business ¥208,828 million (YoY +8.0%), Digital Society Business ¥129,942 million (YoY +32.8%), Energy & Industry Business ¥33,425 million (YoY -7.8%)
Segment profitEnvironment Business ¥46,000 million (YoY +25.3%), Digital Society Business ¥19,676 million (YoY +45.7%), Energy & Industry Business ¥4,245 million
Regional sales¥74,704 million, ¥86,695 million, ¥77,341 million, ¥126,885 million, ¥5,679 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥770,000 million (YoY +14.9%)
Operating profit¥130,000 million (YoY +36.8%)
Ordinary income¥126,000 million (YoY +32.3%)
Profit attributable to owners of the parent¥100,000 million (YoY +66.8%)
Revision to Earnings ForecastNet Sales ¥710,000 million → ¥770,000 million（+8.5%） / Operating profit ¥107,000 million → ¥130,000 million（+21.5%） / Ordinary income ¥105,000 million → ¥126,000 million（+20.0%） / Profit attributable to owners of the parent ¥82,000 million → ¥100,000 million（+22.0%）
Annual Dividend Forecast80 Yen → 126 Yen（+57.5%）
Payout ratio35.6%
Factors Behind Changes in Business Performance
Substantial growth in demand for semiconductors for AI applications, increased demand for products used in semiconductor manufacturing equipment and Hi-Ceram carriers, steady demand for the company's products, and the weaker yen. The Energy & Industry business reported lower revenue following the end of NAS battery manufacturing and sales, while its earnings improved substantially.
Disclosure regarding the going concern assumption
Not applicable.
Change in accounting policy
基準改正に伴う変更 Noneそれ以外の変更 None見積りの変更 None修正再表示 None
Changes in the scope of consolidationNew 0 companies / Excluded 0 companies / Company name None
Impairment loss¥579 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥28 million, Gain on sale of investment securities ¥2,591 million, Subsidy income ¥159 million / Extraordinary loss Loss on disposal of fixed assets ¥338 million, Impairment loss ¥579 million
Depreciation and amortization293 Hundreds of millions of yen
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (for securities analysts and institutional investors)
Issued Shares at Period-End285,993,496 shares
Treasury Shares at Period-End4,415,126 treasury shares
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 September 2026 |
| Net Sales | ¥371,306 million (YoY +13.8%) |
| Operating profit | ¥69,889 million (YoY +43.5%) |
| Ordinary income | ¥70,395 million (YoY +50.8%) |
| Profit attributable to owners of the parent | ¥60,800 million (YoY +154.7%) |
| Net income per share | ¥214.66 |
| Equity ratio | End of the current fiscal period 66.3 / End of previous period 65 |
| Total assets | ¥1,237,456 million |
| Net assets | ¥830,375 million |
| Full-year earnings forecast | Net Sales ¥770,000 million (YoY +14.9%) / Operating profit ¥130,000 million (YoY +36.8%) / Ordinary income ¥126,000 million (YoY +32.3%) / Profit attributable to owners of the parent ¥100,000 million (YoY +66.8%) |
| Revision to Earnings Forecast | Net Sales ¥710,000 million → ¥770,000 million（+8.5%） / Operating profit ¥107,000 million → ¥130,000 million（+21.5%） / Ordinary income ¥105,000 million → ¥126,000 million（+20.0%） / Profit attributable to owners of the parent ¥82,000 million → ¥100,000 million（+22.0%） |
| Annual Dividend Forecast | 80 Yen → 126 Yen（+57.5%） |
| Payout ratio | 35.6% |
| Segment revenue | Environment Business ¥208,828 million (YoY +8.0%), Digital Society Business ¥129,942 million (YoY +32.8%), Energy & Industry Business ¥33,425 million (YoY -7.8%) |
| Segment profit | Environment Business ¥46,000 million (YoY +25.3%), Digital Society Business ¥19,676 million (YoY +45.7%), Energy & Industry Business ¥4,245 million |
| Regional sales | ¥74,704 million, ¥86,695 million, ¥77,341 million, ¥126,885 million, ¥5,679 million |
| Depreciation and amortization | 293 Hundreds of millions of yen |
| Impairment loss | ¥579 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥28 million, Gain on sale of investment securities ¥2,591 million, Subsidy income ¥159 million / Extraordinary loss Loss on disposal of fixed assets ¥338 million, Impairment loss ¥579 million |
| 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 | New 0 companies / Excluded 0 companies / Company name None |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Available (for securities analysts and institutional investors) |
| Issued Shares at Period-End | 285,993,496 shares |
| Treasury Shares at Period-End | 4,415,126 treasury shares |
| Factors Behind Changes in Business Performance | Substantial growth in demand for semiconductors for AI applications, increased demand for products used in semiconductor manufacturing equipment and Hi-Ceram carriers, steady demand for the company's products, and the weaker yen. The Energy & Industry business reported lower revenue following the end of NAS battery manufacturing and sales, while its earnings improved substantially. |
Items this document does not state (8)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodShareholder Return PolicyOrders received and order backlogMaterial subsequent events
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.The company cited substantial growth in demand for semiconductors for AI applications, increased demand for products used in semiconductor manufacturing equipment, steady demand for its products, and the positive impact of the weaker yen. For the full-year forecast, it also stated that the positive impact of the yen's depreciation during the first half contributed to the results.
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.