Worth reading
46Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
38.1
% (year-on-year increase in revenue)Wording
Conditional
How definitive the wording is.Results for this period
First quarter1 April 2026 to 30 June 2026ConsolidatedJapanese GAAPNet Sales48,939¥ millionYear on year +38.1%Progress 27.2%
Operating profit5,606¥ millionYear on year +181.6%Progress 56.1%
Ordinary income2,628¥ millionYear on year +0.1%Progress 26.3%
Net income attributable to owners of the parent1,551¥ millionYear on year -16.2%Progress 23.9%
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¥187.81
Financial position at period-end
Total assets112,193¥ million
of which net assets 63,981 ¥ millionEquity ratio 49.9%vs. prior year-end -6.4pt
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 revenue
Copper products44,05890.0%+42.3%
Precision Parts2,0674.2%+37.6%
Piping and plating2,8135.7%-4.8%
Segment profit
Copper products4,89888.2%+270.8%
Precision Parts3666.6%+102.9%
Piping and plating2925.3%-24.8%
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥180,000 million (YoY +20.5%)
Operating profit¥10,000 million (YoY -29.4%)
Ordinary income¥10,000 million (YoY +77.4%)
Net income¥6,500 million (YoY +81.2%)
Net income per share¥787.28
Revision to Earnings ForecastNo revision
Annual Dividend Forecast¥90 → ¥100（+11.1%）
Factors Behind Changes in Business Performance
Net sales and operating profit increased due to higher copper prices, while derivative losses of ¥1,113 million, derivative valuation losses of ¥2,051 million and other non-operating expenses were recorded.
Disclosure regarding the going concern assumption
Not applicable.
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 consolidationNewly consolidated: 0 companies; excluded: 0 companies. There were no significant changes to the scope of consolidation during the period.
Impairment lossNo applicable matters
Breakdown of extraordinary income (loss)Gain on sale of non-current assets ¥0 million, Loss on Disposal of Fixed Assets ¥0 million
Depreciation and amortization¥533 million
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingWhether applicable No / Subject person None
Issued Shares at Period-End8,867,000 Shares
Treasury Shares at Period-End602,737 Shares
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 June 2026 |
| Net Sales | ¥48,939 million (YoY +38.1%) |
| Operating profit | ¥5,606 million (YoY +181.6%) |
| Ordinary income | ¥2,628 million (YoY +0.1%) |
| Profit attributable to owners of the parent | ¥1,551 million (YoY -16.2%) |
| Net income per share | ¥187.81 |
| Equity ratio | End of the current fiscal period 49.9 / End of previous period 56.3 |
| Total assets | ¥112,193 million |
| Net assets | ¥63,981 million |
| Full-year earnings forecast | Net Sales ¥180,000 million (YoY +20.5%) / Operating profit ¥10,000 million (YoY -29.4%) / Ordinary income ¥10,000 million (YoY +77.4%) / Net income ¥6,500 million (YoY +81.2%) / Net income per share ¥787.28 |
| Revision to Earnings Forecast | No revision |
| Annual Dividend Forecast | ¥90 → ¥100（+11.1%） |
| Segment revenue | Copper products ¥44,058 million (YoY +42.3%) / Precision Parts ¥2,067 million (YoY +37.6%) / Piping and plating ¥2,813 million (YoY -4.8%) |
| Segment profit | Copper products ¥4,898 million (YoY +270.8%) / Precision Parts ¥366 million (YoY +102.9%) / Piping and plating ¥292 million (YoY -24.8%) |
| Depreciation and amortization | ¥533 million |
| Impairment loss | No applicable matters |
| Breakdown of extraordinary income (loss) | Gain on sale of non-current assets ¥0 million, Loss on Disposal of Fixed Assets ¥0 million |
| Disclosure regarding the going concern assumption | Not applicable. |
| 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 | Newly consolidated: 0 companies; excluded: 0 companies. There were no significant changes to the scope of consolidation during the period. |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | Whether applicable No / Subject person None |
| Issued Shares at Period-End | 8,867,000 Shares |
| Treasury Shares at Period-End | 602,737 Shares |
| Factors Behind Changes in Business Performance | Net sales and operating profit increased due to higher copper prices, while derivative losses of ¥1,113 million, derivative valuation losses of ¥2,051 million and other non-operating expenses were recorded. |
Items this document does not state (10)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodPayout 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.Higher copper prices led to increases in net sales and operating profit. Ordinary profit increased only slightly due to the recognition of ¥1,113 million in derivative losses, ¥2,051 million in derivative valuation losses and other non-operating expenses, while net income attributable to owners of the parent decreased.
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.