Worth reading
48Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Improvement
Direction inferred from the company’s description.Scale
191.7
% (year-on-year change in operating profit)Wording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)1 October 2025–31 March 2026ConsolidatedJapanese GAAPNet Sales5,283¥ millionYear on year +19.8%Progress 49.1%
Operating profit717¥ millionYear on year +191.7%Progress 57.8%
Ordinary income666¥ millionYear on year +290.8%Progress 64.0%
Net income attributable to owners of the parent494¥ millionYear on year +279.8%Progress 62.9%
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¥98.22
Financial position at period-end
Total assets17,099¥ million
of which net assets 5,445 ¥ millionEquity ratio 31.6%vs. prior year-end -3.8pt
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.
Cash inflows and outflows
Operating+409
Investment-1,500
Financials+1,931
Net change+840
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Cash and cash equivalents at end of period¥4,891 million
Segment revenue
Precious Metals Business4,40380.9%+18.6%
Environmental Business74113.6%+28.7%
Systems Business1252.3%+14.3%
Other1723.2%-0.8%
Segment profit
Precious Metals Business56585.1%+420.1%
Environmental Business649.6%+177.5%
Systems Business203.0%+13.3%
Other152.3%-21.7%
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥10,750 million (YoY +23.8%)
Operating profit¥1,240 million (YoY +151.5%)
Ordinary income¥1,040 million (YoY +142.6%)
Net income¥785 million (YoY +161.5%)
Revision to Earnings ForecastNot disclosed → Net Sales 10,750 / Operating profit 1,240 / Ordinary income 1,040 / Net income 785
Annual Dividend Forecast¥12.00 → ¥12.00（0.0%）
Factors Behind Changes in Business Performance
Net sales and profits increased year on year due to factors including higher gold and copper prices. In the precious metals and environmental businesses, higher gold and copper prices contributed to higher profits, while in the systems business, increased sales of quality control systems contributed to higher profits.
Disclosure regarding the going concern assumption
No applicable matters
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 0 companies / Excluded 0 companies / Company name None
Impairment loss¥2,100 thousand
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets 0 / Gain on reversal of subscription rights to shares 428 / Extraordinary loss Loss on Disposal of Fixed Assets 28,154 / Loss on sale of fixed assets 130 / Impairment loss 2,100
Depreciation and amortization¥171,829 thousand
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingNo
Issued Shares at Period-End5,144,600 shares
Treasury Shares at Period-End109,757 shares
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 October 2025–31 March 2026 |
| Net Sales | ¥5,283 million (YoY +19.8%) |
| Operating profit | ¥717 million (YoY +191.7%) |
| Ordinary income | ¥666 million (YoY +290.8%) |
| Profit attributable to owners of the parent | ¥494 million (YoY +279.8%) |
| Net income per share | ¥98.22 |
| Equity ratio | End of the current fiscal period 31.6 / End of previous period 35.4 |
| Total assets | ¥17,099 million |
| Net assets | ¥5,445 million |
| Cash flows from operating activities | ¥409 million |
| Cash flows from investing activities | ¥-1,500 million |
| Cash flows from financing activities | ¥1,931 million |
| Cash and cash equivalents at end of period | ¥4,891 million |
| Full-year earnings forecast | Net Sales ¥10,750 million (YoY +23.8%) / Operating profit ¥1,240 million (YoY +151.5%) / Ordinary income ¥1,040 million (YoY +142.6%) / Net income ¥785 million (YoY +161.5%) |
| Revision to Earnings Forecast | Not disclosed → Net Sales 10,750 / Operating profit 1,240 / Ordinary income 1,040 / Net income 785 |
| Annual Dividend Forecast | ¥12.00 → ¥12.00（0.0%） |
| Segment revenue | Precious Metals Business ¥4,403 million (YoY +18.6%) / Environmental Business ¥741 million (YoY +28.7%) / Systems Business ¥125 million (YoY +14.3%) / Other ¥172 million (YoY -0.8%) |
| Segment profit | Precious Metals Business ¥565 million (YoY +420.1%) / Environmental Business ¥64 million (YoY +177.5%) / Systems Business ¥20 million (YoY +13.3%) / Other ¥15 million (YoY -21.7%) |
| Depreciation and amortization | ¥171,829 thousand |
| Impairment loss | ¥2,100 thousand |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets 0 / Gain on reversal of subscription rights to shares 428 / Extraordinary loss Loss on Disposal of Fixed Assets 28,154 / Loss on sale of fixed assets 130 / Impairment loss 2,100 |
| 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 / Excluded 0 companies / Company name None |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | No |
| Issued Shares at Period-End | 5,144,600 shares |
| Treasury Shares at Period-End | 109,757 shares |
| Factors Behind Changes in Business Performance | Net sales and profits increased year on year due to factors including higher gold and copper prices. In the precious metals and environmental businesses, higher gold and copper prices contributed to higher profits, while in the systems business, increased sales of quality control systems contributed to higher profits. |
Items this document does not state (6)
Operating MarginPayout 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.Net sales and profits increased due to factors including higher gold and copper prices. For gold, the factors cited were safe-haven demand and expectations of lower U.S. interest rates. For copper, they included supply concerns and increased demand from data center construction accompanying the spread of AI.
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.