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.
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ thousand).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Refractory ceramics posted higher revenue and profit due to stronger sales, development of new customers, productivity improvements and appropriate price pass-through. Plant operations posted lower profit due to a decrease in completed large projects. Building materials and paving materials posted lower profit due to sluggish growth in construction projects and higher raw material costs, while real estate leasing posted lower profit due to higher repair and other expenses. Interim net profit attributable to owners of the parent was affected by a decrease in gains on the sale of investment securities.
There are no applicable matters.
| 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 | ¥7,466 million (YoY -4.7%) |
| Operating profit | ¥672 million (YoY +3.0%) |
| Ordinary income | ¥724 million (YoY +0.4%) |
| Profit attributable to owners of the parent | ¥540 million (YoY -7.5%) |
| Net income per share | ¥53.36 |
| Equity ratio | End of the current fiscal period 71.5 / End of previous period 70.8 |
| Total assets | ¥22,801 million |
| Net assets | ¥16,298 million |
| Cash flows from operating activities | ¥1,220,898 thousand |
| Cash flows from investing activities | ¥-282,477 thousand |
| Cash flows from financing activities | ¥-909,891 thousand |
| Cash and cash equivalents at end of period | ¥4,905,528 thousand |
| Full-year earnings forecast | Net Sales ¥16,500 million (YoY +2.1%) / Operating profit ¥1,900 million (YoY +18.7%) / Ordinary income ¥2,000 million (YoY +18.4%) / Net income ¥1,400 million (YoY +11.9%) |
| Revision to Earnings Forecast | No |
| Annual Dividend Forecast | ¥42 → ¥52（+23.8%） |
| Segment revenue | Refractory ceramics ¥3,682 million (YoY +3.6%), Plant ¥2,605 million (YoY -14.9%), Building materials and paving materials ¥959 million (YoY +0.1%), Real Estate Leasing ¥200 million (YoY +1.1%) |
| Segment profit | Refractory ceramics ¥222 million (YoY +51.6%), Plant ¥317 million (YoY -1.5%), Building materials and paving materials ¥28 million (YoY -46.6%), Real Estate Leasing ¥92 million (YoY -7.1%), Other ¥4 million (YoY -74.5%) |
| Depreciation and amortization | ¥227,444 thousand |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥1,449 thousand, Gain on sale of investment securities ¥78,478 thousand / Extraordinary loss Loss on sale of non-current assets ¥498 thousand |
| Disclosure regarding the going concern assumption | There are 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 | No material changes (no additions or exclusions disclosed) |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | No (participants: none applicable) |
| Issued Shares at Period-End | 12,909,828 |
| Treasury Shares at Period-End | 2,827,802 |
| Factors Behind Changes in Business Performance | Refractory ceramics posted higher revenue and profit due to stronger sales, development of new customers, productivity improvements and appropriate price pass-through. Plant operations posted lower profit due to a decrease in completed large projects. Building materials and paving materials posted lower profit due to sluggish growth in construction projects and higher raw material costs, while real estate leasing posted lower profit due to higher repair and other expenses. Interim net profit attributable to owners of the parent was affected by a decrease in gains on the sale of investment securities. |
Items this document does not state (7)
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 refractory ceramics, revenue and profit increased due to stronger sales to existing customers, development of new customers, productivity improvements and price pass-through. In plant operations, lower completion of large projects was a factor behind the decline in profit. In building materials and paving materials, sluggish growth in construction projects and higher raw material costs reduced profit, while in real estate leasing, higher repair expenses reduced profit. Net profit was affected by a decrease in gains on the sale of investment securities.