Results for this period
Full year1 April 2025–31 March 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 ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Although the shipbuilding industry maintained a high level of work on hand, demand in the industrial machinery and construction-related markets remained weak and market stagnation continued. The company pursued price revisions in response to higher raw material and logistics costs, deeper and expanded customer relationships, and new sales expansion activities. However, in welding equipment, shipments of arc welding machines and welding materials remained sluggish due to lower demand, while rising costs also contributed to the decline in profit. In the Other segment, revenue and profit increased on strong sales of helium liquefaction equipment.
Not applicable (notes regarding the going concern assumption)
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2025–31 March 2026 |
| Net Sales | ¥55,570 million (YoY +0.7%) |
| Operating profit | ¥4,842 million (YoY -11.1%) |
| Ordinary income | ¥5,357 million (YoY -11.4%) |
| Profit attributable to owners of the parent | ¥3,461 million (YoY -4.7%) |
| Net income per share | ¥164.04 |
| Operating Margin | 8.7 |
| Equity ratio | End of the current fiscal period 59.3 / End of previous period 56.9 |
| Total assets | ¥79,112 million |
| Net assets | ¥50,079 million |
| Cash flows from operating activities | ¥4,084 million |
| Cash flows from investing activities | ¥-2,174 million |
| Cash flows from financing activities | ¥-2,291 million |
| Cash and cash equivalents at end of period | ¥16,221 million |
| Full-year earnings forecast | Net Sales ¥56,000 million (YoY +0.8%) / Operating profit ¥4,800 million (YoY -0.9%) / Ordinary income ¥5,300 million (YoY -1.1%) / Net income ¥3,400 million (YoY -1.8%) |
| Annual Dividend Forecast | ¥50 → ¥50（0.0%） |
| Payout ratio | 30.5 |
| Shareholder Return Policy | Aim to provide stable dividends based on a basic policy of maintaining a payout ratio of 30% or higher |
| Segment revenue | Machinery and Equipment ¥25,851 million (YoY -0.1%) / High-Pressure Gas ¥19,772 million (YoY -3.1%) / Welding Equipment and Materials ¥8,093 million (YoY -0.9%) / Other (outside reportable segments) ¥1,853 million (YoY +145.0%) |
| Segment profit | Machinery and Equipment ¥4,833 million (YoY -2.0%) / High-Pressure Gas ¥1,309 million (YoY -4.6%) / Welding Equipment and Materials ¥315 million (YoY -45.9%) / Other (outside reportable segments) ¥291 million (YoY +51.4%) |
| Regional sales | Japan ¥42,380 million / United States ¥7,172 million / Asia ¥4,575 million / Europe ¥1,082 million / Other regions ¥359 million |
| Orders received and order backlog | Machinery and Equipment Orders received ¥17,138 million (YoY -5.2%) / Order backlog ¥5,216 million (YoY -26.5%) |
| Depreciation and amortization | ¥1,990 million |
| Impairment loss | ¥231 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets 138 / Gain on sale of investment securities 16 / Gain on sale of shares in an affiliated company 5 / Other 7 / Total 168 / Extraordinary loss Loss on disposal and sale of non-current assets 13 / Impairment loss 231 / Litigation Losses 40 / Total 285 |
| Disclosure regarding the going concern assumption | Not applicable (notes regarding the going concern assumption) |
| 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 No / Excluded No / Company name Not disclosed |
| Material subsequent events | No applicable matters. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Available (for institutional investors and analysts) |
| Issued Shares at Period-End | 22,614,665 shares |
| Treasury Shares at Period-End | 1,504,380 shares |
| Factors Behind Changes in Business Performance | Although the shipbuilding industry maintained a high level of work on hand, demand in the industrial machinery and construction-related markets remained weak and market stagnation continued. The company pursued price revisions in response to higher raw material and logistics costs, deeper and expanded customer relationships, and new sales expansion activities. However, in welding equipment, shipments of arc welding machines and welding materials remained sluggish due to lower demand, while rising costs also contributed to the decline in profit. In the Other segment, revenue and profit increased on strong sales of helium liquefaction equipment. |
Items this document does not state (1)
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.Although the shipbuilding industry maintained a high level of work on hand, demand in the industrial machinery and construction-related markets remained weak and market stagnation continued. Rising raw material and logistics costs, as well as sluggish shipments of welding equipment, also contributed to the decline in profit.