Worth reading
49Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Deterioration
Direction inferred from the company’s description.Scale
-398
¥ millionWording
Conditional
How definitive the wording is.Results for this period
First quarter1 January 2026–31 March 2026ConsolidatedJapanese GAAPNet Sales1,009¥ millionYear on year -28.3%Progress 17.1%
Operating profit-259¥ million
Ordinary income-245¥ million
Net income attributable to owners of the parent-246¥ 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. 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-¥7.69
Financial position at period-end
Total assets10,266¥ million
of which net assets 8,488 ¥ millionEquity ratio 80.0%vs. prior year-end +3.0pt
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 revenueSegment Construction Ceramics and Other Businesses / Current fiscal year ¥888 million / Prior-year period ¥1,073 million / Year on year against the same period last year Not disclosed, Segment Real Estate Business / Current fiscal year ¥26 million / Prior-year period ¥265 million / Year on year against the same period last year Not disclosed, Segment Power generator business / Current fiscal year ¥32 million / Prior-year period ¥9 million / Year on year against the same period last year Not disclosed, Segment Renewable energy business / Current fiscal year ¥62 million / Prior-year period ¥60 million / Year on year against the same period last year Not disclosed
Segment profitSegment Construction Ceramics and Other Businesses / Current fiscal year ¥-188 million / Prior-year period ¥-193 million / Year on year against the same period last year Not disclosed, Segment Real Estate Business / Current fiscal year ¥-50 million / Prior-year period ¥185 million / Year on year against the same period last year Not disclosed, Segment Power generator business / Current fiscal year ¥-4 million / Prior-year period ¥-24 million / Year on year against the same period last year Not disclosed, Segment Renewable energy business / Current fiscal year ¥-16 million / Prior-year period ¥-1 million / Year on year against the same period last year Not disclosed
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥5,900 million (YoY +20.0%)
Operating profit¥-150 million
Ordinary income¥-140 million
Net income¥-260 million
Annual Dividend Forecast¥0 → ¥0
Factors Behind Changes in Business Performance
In the construction ceramics and other businesses, demand declined due to factors including reduced construction area for exterior wall tiles for multifamily housing. In the real estate business, planned new projects did not reach closing, preventing the company from securing the planned level of revenue.
Disclosure regarding the going concern assumption
There are no applicable notes regarding the going concern assumption. However, the company states that the recognition of an operating loss of ¥259 million indicates the existence of events or conditions that may raise significant doubt about its ability to continue as a going concern.
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
Changes in the scope of consolidationNew Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed
Impairment lossNo applicable matters.
Breakdown of extraordinary income (loss)Extraordinary income No recognition / Extraordinary loss No recognition
Depreciation and amortization¥36 million
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End33,360,600 Shares
Treasury Shares at Period-End1,304,179 Shares
| 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 | ¥1,009 million (YoY -28.3%) |
| Operating profit | ¥-259 million |
| Ordinary income | ¥-245 million |
| Profit attributable to owners of the parent | ¥-246 million |
| Net income per share | -¥7.69 |
| Equity ratio | End of the current fiscal period 80 / End of previous period 77 |
| Total assets | ¥10,266 million |
| Net assets | ¥8,488 million |
| Full-year earnings forecast | Net Sales ¥5,900 million (YoY +20.0%) / Operating profit ¥-150 million / Ordinary income ¥-140 million / Net income ¥-260 million |
| Annual Dividend Forecast | ¥0 → ¥0 |
| Segment revenue | Segment Construction Ceramics and Other Businesses / Current fiscal year ¥888 million / Prior-year period ¥1,073 million / Year on year against the same period last year Not disclosed, Segment Real Estate Business / Current fiscal year ¥26 million / Prior-year period ¥265 million / Year on year against the same period last year Not disclosed, Segment Power generator business / Current fiscal year ¥32 million / Prior-year period ¥9 million / Year on year against the same period last year Not disclosed, Segment Renewable energy business / Current fiscal year ¥62 million / Prior-year period ¥60 million / Year on year against the same period last year Not disclosed |
| Segment profit | Segment Construction Ceramics and Other Businesses / Current fiscal year ¥-188 million / Prior-year period ¥-193 million / Year on year against the same period last year Not disclosed, Segment Real Estate Business / Current fiscal year ¥-50 million / Prior-year period ¥185 million / Year on year against the same period last year Not disclosed, Segment Power generator business / Current fiscal year ¥-4 million / Prior-year period ¥-24 million / Year on year against the same period last year Not disclosed, Segment Renewable energy business / Current fiscal year ¥-16 million / Prior-year period ¥-1 million / Year on year against the same period last year Not disclosed |
| Depreciation and amortization | ¥36 million |
| Impairment loss | No applicable matters. |
| Breakdown of extraordinary income (loss) | Extraordinary income No recognition / Extraordinary loss No recognition |
| Disclosure regarding the going concern assumption | There are no applicable notes regarding the going concern assumption. However, the company states that the recognition of an operating loss of ¥259 million indicates the existence of events or conditions that may raise significant doubt about its ability to continue as a going concern. |
| 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 | No |
| Availability of Financial Results Briefing | Whether applicable No / Subject person Not disclosed |
| Issued Shares at Period-End | 33,360,600 Shares |
| Treasury Shares at Period-End | 1,304,179 Shares |
| Factors Behind Changes in Business Performance | In the construction ceramics and other businesses, demand declined due to factors including reduced construction area for exterior wall tiles for multifamily housing. In the real estate business, planned new projects did not reach closing, preventing the company from securing the planned level of revenue. |
Items this document does not state (11)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodRevision to Earnings ForecastPayout ratioShareholder Return PolicyRegional salesOrders 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.Demand in the construction ceramics business declined due to factors including reduced construction area for exterior wall tiles for multifamily housing. In the real estate business, planned new projects did not reach closing, preventing the company from securing the planned level of revenue.
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.