Worth reading
55In focus
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
450
¥ millionWording
Conditional
How definitive the wording is.Results for this period
Third quarter1 January 2026 to 30 September 2026ConsolidatedJapanese GAAPNet Sales25,455¥ millionYear on year +17.7%Progress 69.7%
Operating profit3,246¥ millionYear on year -0.2%Progress 75.5%
Ordinary income3,441¥ millionYear on year +7.1%Progress 76.5%
Net income attributable to owners of the parent3,069¥ millionYear on year +27.1%
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¥157.29
Financial position at period-end
Total assets49,565¥ million
of which net assets 33,220 ¥ millionEquity ratio 66.7%vs. prior year-end +0.1pt
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.
Regional salesCumulative third quarter of the current fiscal year Japan 12,076 / China 5,861 / South Korea 1,862 / Other Asia 1,412 / Europe 2,532 / United States 1,070 / Other North America 365 / Other 275 / Nine months ended 31 May 2025 Japan 10,695 / China 4,194 / South Korea 1,013 / Other Asia 1,642 / Europe 2,656 / United States 805 / Other North America 260 / Other 367
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥36,500 million (YoY +6.3%)
Operating profit¥4,300 million (YoY -5.1%)
Ordinary income¥4,500 million (YoY +0.1%)
Profit attributable to owners of the parent¥4,200 million (YoY +21.6%)
Revision to Earnings ForecastNet Sales 36,050 / Operating profit 4,030 / Ordinary income 4,460 / Profit attributable to owners of the parent 3,870 → Net Sales 36,500 / Operating profit 4,300 / Ordinary income 4,500 / Profit attributable to owners of the parent 4,200（Net Sales 1.2% / Operating profit 6.7% / Ordinary income 0.9% / Profit attributable to owners of the parent 8.5%）
Annual Dividend Forecast70 Yen (previous-year actual: ¥70.00; current-year forecast: ¥70.00) → 70 Yen (previous-year actual: ¥70.00; current-year forecast: ¥70.00)（0.0%）
Factors Behind Changes in Business Performance
Revenue increased mainly due to higher domestic sales of desiccant dehumidifiers, while operating profit declined because the increase in selling, general and administrative expenses exceeded the increase in gross profit. Ordinary profit increased due to subsidy income and other factors, while quarterly net income attributable to owners of the parent increased due to subsidy income and other factors related to the new domestic plant.
Disclosure regarding the going concern assumption
Not applicable
Change in accounting policy
基準改正に伴う変更 Noneそれ以外の変更 None見積りの変更 None修正再表示 None
Changes in the scope of consolidationNo material changes (0 additions, 0 exclusions)
Material subsequent eventsNot applicable
Breakdown of extraordinary income (loss)Extraordinary income Subsidy Income ¥744 million, Gain on sale of non-current assets ¥37 million / Extraordinary loss Loss on disposal of property, plant and equipment ¥12 million
Depreciation and amortization¥808 million
Availability of Supplementary Financial Results MaterialsAvailable
Availability of Financial Results BriefingNo (no eligible participants)
Issued Shares at Period-End20,500,000
Treasury Shares at Period-End1,066,100
| 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 | ¥25,455 million (YoY +17.7%) |
| Operating profit | ¥3,246 million (YoY -0.2%) |
| Ordinary income | ¥3,441 million (YoY +7.1%) |
| Profit attributable to owners of the parent | ¥3,069 million (YoY +27.1%) |
| Net income per share | ¥157.29 |
| Equity ratio | End of the current fiscal period 66.7% / End of previous period 66.6% |
| Total assets | ¥49,565 million |
| Net assets | ¥33,220 million |
| Full-year earnings forecast | Net Sales ¥36,500 million (YoY +6.3%) / Operating profit ¥4,300 million (YoY -5.1%) / Ordinary income ¥4,500 million (YoY +0.1%) / Profit attributable to owners of the parent ¥4,200 million (YoY +21.6%) |
| Revision to Earnings Forecast | Net Sales 36,050 / Operating profit 4,030 / Ordinary income 4,460 / Profit attributable to owners of the parent 3,870 → Net Sales 36,500 / Operating profit 4,300 / Ordinary income 4,500 / Profit attributable to owners of the parent 4,200（Net Sales 1.2% / Operating profit 6.7% / Ordinary income 0.9% / Profit attributable to owners of the parent 8.5%） |
| Annual Dividend Forecast | 70 Yen (previous-year actual: ¥70.00; current-year forecast: ¥70.00) → 70 Yen (previous-year actual: ¥70.00; current-year forecast: ¥70.00)（0.0%） |
| Regional sales | Cumulative third quarter of the current fiscal year Japan 12,076 / China 5,861 / South Korea 1,862 / Other Asia 1,412 / Europe 2,532 / United States 1,070 / Other North America 365 / Other 275 / Nine months ended 31 May 2025 Japan 10,695 / China 4,194 / South Korea 1,013 / Other Asia 1,642 / Europe 2,656 / United States 805 / Other North America 260 / Other 367 |
| Depreciation and amortization | ¥808 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Subsidy Income ¥744 million, Gain on sale of non-current assets ¥37 million / Extraordinary loss Loss on disposal of property, plant and equipment ¥12 million |
| Disclosure regarding the going concern assumption | Not applicable |
| Change in accounting policy | Changes due to revisions to standards None / Other changes None / Change in accounting estimate None / Restatement None |
| Changes in the scope of consolidation | No material changes (0 additions, 0 exclusions) |
| Material subsequent events | Not applicable |
| Availability of Supplementary Financial Results Materials | Available |
| Availability of Financial Results Briefing | No (no eligible participants) |
| Issued Shares at Period-End | 20,500,000 |
| Treasury Shares at Period-End | 1,066,100 |
| Factors Behind Changes in Business Performance | Revenue increased mainly due to higher domestic sales of desiccant dehumidifiers, while operating profit declined because the increase in selling, general and administrative expenses exceeded the increase in gross profit. Ordinary profit increased due to subsidy income and other factors, while quarterly net income attributable to owners of the parent increased due to subsidy income and other factors related to the new domestic plant. |
Items this document does not state (11)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodPayout ratioShareholder Return PolicySegment revenueSegment profitOrders received and order backlogImpairment loss
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 increase in revenue was mainly due to higher domestic sales of desiccant dehumidifiers. Although higher sales increased gross profit, operating profit declined because the increase in selling, general and administrative expenses exceeded the increase in gross profit. The upward revision to the full-year forecast reflects increased battery demand in China, higher profit from increased sales, some subsidy income being deferred to the following fiscal year, and the expected recognition of gains on the sale of investment securities as extraordinary income, among other factors.
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.