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.
Net sales increased due to robust domestic demand and the weaker yen. Factors reducing operating profit, including higher fixed costs from investment in safety measures, the renewal of aging facilities, workplace environment improvements and human capital, production cuts resulting from weak market conditions in China, North American tariffs, and material inflation stemming from the situation in the Middle East and China’s rare-metal regulations, outweighed factors increasing profit, such as improvements from rationalization.
Not applicable
| 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 | ¥56,251 million (YoY +4.1%) |
| Operating profit | ¥388 million (YoY -74.0%) |
| Ordinary income | ¥700 million (YoY -64.2%) |
| Profit attributable to owners of the parent | ¥776 million (YoY -42.0%) |
| Net income per share | ¥30.78 |
| Equity ratio | End of the current fiscal period 59 / End of previous period 56.6 |
| Total assets | ¥148,446 million |
| Net assets | ¥92,161 million |
| Cash flows from operating activities | ¥-3,570,334 thousand |
| Cash flows from investing activities | ¥-4,326,004 thousand |
| Cash flows from financing activities | ¥-985,164 thousand |
| Cash and cash equivalents at end of period | ¥22,721,587 thousand |
| Full-year earnings forecast | Net Sales ¥110,000 million (YoY -0.8%) / Operating profit ¥1,800 million (YoY -36.8%) / Ordinary income ¥2,300 million (YoY -48.8%) / Net income ¥1,750 million (YoY -85.9%) |
| Revision to Earnings Forecast | Net Sales Not disclosed → ¥1,100 100 million / Operating profit ¥33 100 million → ¥18 100 million（-45.5%） / Ordinary income ¥37.5 100 million → ¥23 100 million（-38.7%） / Net income ¥24 100 million → ¥17.5 100 million（-27.1%） |
| Annual Dividend Forecast | 60 Yen → 90 Yen（+50.0%） |
| Payout ratio | 12.2 |
| Segment revenue | Japan ¥42,963 million (YoY +4.2%), North America ¥4,933 million (YoY +9.2%), China ¥4,966 million (YoY -3.9%), Asia ¥9,031 million (YoY +4.5%) |
| Segment profit | Japan ¥1,098 million (YoY -26.5%), North America ¥-139 million, China ¥70 million (YoY -70.9%), Asia ¥600 million (YoY -13.5%) |
| Regional sales | ¥42,963 million (YoY +4.2%), ¥4,933 million (YoY +9.2%), ¥4,966 million (YoY -3.9%), ¥9,031 million (YoY +4.5%) |
| Depreciation and amortization | ¥2,952,390 thousand |
| Impairment loss | No applicable matters |
| Breakdown of extraordinary income (loss) | Extraordinary income Insurance proceeds received ¥800,000 thousand / Extraordinary loss Provision for product warranties ¥225,792 thousand, Product Warranty Costs ¥132,300 thousand |
| 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 | New 0 companies / Excluded 0 companies / Company name None |
| Availability of Supplementary Financial Results Materials | Available |
| Availability of Financial Results Briefing | Yes (no attendees specified) |
| Issued Shares at Period-End | 25,542,396 |
| Treasury Shares at Period-End | 327,941 |
| Factors Behind Changes in Business Performance | Net sales increased due to robust domestic demand and the weaker yen. Factors reducing operating profit, including higher fixed costs from investment in safety measures, the renewal of aging facilities, workplace environment improvements and human capital, production cuts resulting from weak market conditions in China, North American tariffs, and material inflation stemming from the situation in the Middle East and China’s rare-metal regulations, outweighed factors increasing profit, such as improvements from rationalization. |
Items this document does not state (4)
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.The main factors behind the decline in profit were production cuts in China that exceeded expectations, increased front-loaded investment in “deliberate fixed costs” to strengthen the operating foundation, the impact of North American tariffs, and a timing mismatch in recovering inflation-related costs.