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.
Revenue increased due to higher sales supported by the order backlog in the marine market, demand for new vessels driven by replacement demand and increased global logistics volumes, and increased sales of high-value-added products. Improved profitability of LNG valves and increased sales of high-value-added products boosted earnings, while higher communication expenses associated with the introduction of cloud-based systems such as SaaS reduced earnings.
No applicable matters.
| 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 | ¥11,114 million (YoY +6.5%) |
| Operating profit | ¥1,295 million (YoY +65.3%) |
| Ordinary income | ¥1,287 million (YoY +73.9%) |
| Profit attributable to owners of the parent | ¥798 million (YoY +44.3%) |
| Net income per share | ¥178.42 |
| Operating Margin | 11.7 |
| Equity ratio | End of the current fiscal period 81 / End of previous period 78.3 |
| Total assets | ¥13,331 million |
| Net assets | ¥10,792 million |
| Cash flows from operating activities | ¥2,002 million |
| Cash flows from investing activities | ¥-135 million |
| Cash flows from financing activities | ¥-709 million |
| Cash and cash equivalents at end of period | ¥3,286 million |
| Full-year earnings forecast | Net Sales ¥11,900 million (YoY +7.1%) / Operating profit ¥1,060 million (YoY -18.2%) / Ordinary income ¥1,050 million (YoY -18.5%) / Net income ¥730 million (YoY -8.6%) |
| Annual Dividend Forecast | ¥45 → ¥50（+11.1%） |
| Payout ratio | 30.8 |
| Segment revenue | not disclosed (omitted because the valve manufacturing and sales business is the sole segment) |
| Segment profit | not disclosed (omitted because the valve manufacturing and sales business is the sole segment) |
| Orders received and order backlog | Orders received ¥10,926 million (YoY -0.4%) / Order backlog Not disclosed |
| Depreciation and amortization | ¥312,978 thousand |
| Impairment loss | ¥68,012 thousand |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥922 thousand / Extraordinary loss Loss on Disposal of Fixed Assets ¥12,875 thousand, Impairment Losses ¥68,012 thousand, Loss on contract cancellation ¥98,000 thousand |
| Disclosure regarding the going concern assumption | No applicable matters. |
| 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 / Excluded 0 / Company name No applicable matters |
| Material subsequent events | No applicable matters. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | No (video streaming only) |
| Issued Shares at Period-End | 4,558,200 |
| Treasury Shares at Period-End | 155,048 |
| Factors Behind Changes in Business Performance | Revenue increased due to higher sales supported by the order backlog in the marine market, demand for new vessels driven by replacement demand and increased global logistics volumes, and increased sales of high-value-added products. Improved profitability of LNG valves and increased sales of high-value-added products boosted earnings, while higher communication expenses associated with the introduction of cloud-based systems such as SaaS reduced earnings. |
Items this document does not state (3)
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.Improved profitability of LNG valves and increased sales of high-value-added products boosted earnings, while higher communication expenses associated with the introduction of cloud-based systems such as SaaS reduced earnings. For the next fiscal year, persistently high material prices and energy costs, as well as higher personnel expenses resulting from wage increases, are expected to reduce earnings. In addition, losses on contract cancellations and impairment losses were recognized following a review of the plan to introduce a new core system.