Results for this period
Third quarter1 January 2026 to 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.
Revenue benefited from increased sales of high-efficiency water heating equipment and heat pump-based heat source equipment in Japan and overseas, while sales of gas water heating equipment for Australia, system kitchens and the engineering division declined. Operating profit increased due to cost reduction initiatives and the effect of product price revisions, while ordinary profit decreased due to the recognition of a loss on investment in a silent partnership.
Not applicable
| Item | Details |
|---|---|
| Fiscal Period Classification | Third quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 January 2026 to 30 September 2026 |
| Net Sales | ¥32,546 million (YoY +1.5%) |
| Operating profit | ¥1,096 million (YoY +163.2%) |
| Ordinary income | ¥2,451 million (YoY -2.9%) |
| Profit attributable to owners of the parent | ¥1,853 million (YoY +120.7%) |
| Net income per share | ¥54.50 |
| Equity ratio | End of the current fiscal period 92.9 / End of previous period 93 |
| Total assets | ¥151,086 million |
| Net assets | ¥140,405 million |
| Full-year earnings forecast | Net Sales ¥48,000 million (YoY +3.2%) / Operating profit ¥2,400 million (YoY +40.2%) / Ordinary income ¥4,600 million (YoY +0.3%) / Net income ¥3,200 million (YoY +47.1%) |
| Revision to Earnings Forecast | No |
| Annual Dividend Forecast | ¥46 → ¥46（0.0%） |
| Depreciation and amortization | ¥1,152 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥1 million / Extraordinary loss Loss on disposal of fixed assets ¥0 million, Loss on sale of investment securities ¥20 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 | Added: 0 companies; excluded: 0 companies (company names not disclosed) |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | None (no applicable participants) |
| Issued Shares at Period-End | 34,239,312 |
| Treasury Shares at Period-End | 238,179 |
| Factors Behind Changes in Business Performance | Revenue benefited from increased sales of high-efficiency water heating equipment and heat pump-based heat source equipment in Japan and overseas, while sales of gas water heating equipment for Australia, system kitchens and the engineering division declined. Operating profit increased due to cost reduction initiatives and the effect of product price revisions, while ordinary profit decreased due to the recognition of a loss on investment in a silent partnership. |
Items this document does not state (13)
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.Revenue benefited from increased sales of high-efficiency water heating equipment and heat pump-based heat source equipment in Japan and overseas, while sales of gas water heating equipment for Australia and system kitchens declined. Operating profit increased due to group-wide cost reduction initiatives and the effect of product price revisions implemented from June last year. Ordinary profit decreased due to the recognition of a loss on investment in a silent partnership in the second quarter of the consolidated fiscal period.