Worth reading
56In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Deterioration
Direction inferred from the company’s description.Scale
-13.4
Revenue year on year (%)Wording
Conditional
How definitive the wording is.Results for this period
Third quarter2024年7月1日〜2025年3月31日ConsolidatedJapanese GAAPNet Sales5,388¥ millionYear on year -13.4%Progress 59.9%
Operating profit771¥ millionYear on year -33.5%Progress 48.2%
Ordinary income756¥ millionYear on year -39.0%Progress 48.8%
Net income attributable to owners of the parent495¥ millionYear on year -39.2%Progress 49.5%
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 share70.94円
Financial position at period-end
Total assets8,881¥ million
of which net assets 7,037 ¥ millionEquity ratio 79.2%vs. prior year-end +10.9pt
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.
Segment revenueEnergy-related business ¥3,678,294 thousand (YoY -9.8%), Water-related business ¥1,709,876 thousand (YoY -20.1%)
Segment profitEnergy-related business ¥1,133,297 thousand (YoY -14.7%), Water-related business ¥54,089 thousand (YoY -77.0%)
Regional salesRegion Japan / Energy-related business ¥206,368 thousand / Water-related business ¥1,591,469 thousand, Region China / Energy-related business ¥1,738,309 thousand / Water-related business Not disclosed, Region Asia (excluding China) / Energy-related business ¥625,751 thousand / Water-related business ¥118,407 thousand, Region Americas / Energy-related business ¥647,246 thousand / Water-related business Not disclosed, Region Europe / Energy-related business ¥149,939 thousand / Water-related business Not disclosed, Region Middle East / Energy-related business ¥98,828 thousand / Water-related business Not disclosed, Region Africa / Energy-related business ¥211,851 thousand / Water-related business Not disclosed
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥9,000 million (YoY -5.3%)
Operating profit¥1,600 million (YoY -4.9%)
Ordinary income¥1,550 million (YoY -15.2%)
Net income¥1,000 million (YoY -13.1%)
Revision to Earnings ForecastNet Sales Not disclosed → ¥9,000 million / Operating profit Not disclosed → ¥1,600 million / Ordinary income Not disclosed → ¥1,550 million / Net income Not disclosed → ¥1,000 million
Annual Dividend Forecast¥34.00 → ¥35.00
Factors Behind Changes in Business Performance
水関連事業では第3四半期に完工した官公庁向け案件が前期と比較して小規模な案件が多かった。エネルギー関連事業では中国経済の低迷や米国の関税政策等によりプロジェクトに遅れが生じ、受注タイミングが想定より後ろ倒しになった。両事業で売上高減少に伴う売上総利益の減少、従業員向け株式報酬の費用化による人件費増加等が影響した。
Disclosure regarding the going concern assumption
No applicable items
Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Changes in the scope of consolidation新規・除外ともに0社。重要な変更は無
Impairment lossNo applicable items
Breakdown of extraordinary income (loss)Extraordinary income Not applicable / Extraordinary loss Loss on Retirement of Fixed Assets ¥0 thousand
Depreciation and amortization¥116,880 thousand
Orders received and order backlogOrders received ¥6,164,134 thousand / Order backlog ¥5,731,376 thousand
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo
Issued Shares at Period-End7,078,400
Treasury Shares at Period-End102,277
| Item | Details |
|---|---|
| Fiscal Period Classification | Third quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 2024年7月1日〜2025年3月31日 |
| Net Sales | ¥5,388 million (YoY -13.4%) |
| Operating profit | ¥771 million (YoY -33.5%) |
| Ordinary income | ¥756 million (YoY -39.0%) |
| Profit attributable to owners of the parent | ¥495 million (YoY -39.2%) |
| Net income per share | 70.94円 |
| Equity ratio | End of the current fiscal period 79.2% / End of previous period 68.3% |
| Total assets | ¥8,881 million |
| Net assets | ¥7,037 million |
| Full-year earnings forecast | Net Sales ¥9,000 million (YoY -5.3%) / Operating profit ¥1,600 million (YoY -4.9%) / Ordinary income ¥1,550 million (YoY -15.2%) / Net income ¥1,000 million (YoY -13.1%) |
| Revision to Earnings Forecast | Net Sales Not disclosed → ¥9,000 million / Operating profit Not disclosed → ¥1,600 million / Ordinary income Not disclosed → ¥1,550 million / Net income Not disclosed → ¥1,000 million |
| Annual Dividend Forecast | ¥34.00 → ¥35.00 |
| Segment revenue | Energy-related business ¥3,678,294 thousand (YoY -9.8%), Water-related business ¥1,709,876 thousand (YoY -20.1%) |
| Segment profit | Energy-related business ¥1,133,297 thousand (YoY -14.7%), Water-related business ¥54,089 thousand (YoY -77.0%) |
| Regional sales | Region Japan / Energy-related business ¥206,368 thousand / Water-related business ¥1,591,469 thousand, Region China / Energy-related business ¥1,738,309 thousand / Water-related business Not disclosed, Region Asia (excluding China) / Energy-related business ¥625,751 thousand / Water-related business ¥118,407 thousand, Region Americas / Energy-related business ¥647,246 thousand / Water-related business Not disclosed, Region Europe / Energy-related business ¥149,939 thousand / Water-related business Not disclosed, Region Middle East / Energy-related business ¥98,828 thousand / Water-related business Not disclosed, Region Africa / Energy-related business ¥211,851 thousand / Water-related business Not disclosed |
| Orders received and order backlog | Orders received ¥6,164,134 thousand / Order backlog ¥5,731,376 thousand |
| Depreciation and amortization | ¥116,880 thousand |
| Impairment loss | No applicable items |
| Breakdown of extraordinary income (loss) | Extraordinary income Not applicable / Extraordinary loss Loss on Retirement of Fixed Assets ¥0 thousand |
| Disclosure regarding the going concern assumption | No applicable items |
| 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 | 新規・除外ともに0社。重要な変更は無 |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | No |
| Issued Shares at Period-End | 7,078,400 |
| Treasury Shares at Period-End | 102,277 |
| Factors Behind Changes in Business Performance | 水関連事業では第3四半期に完工した官公庁向け案件が前期と比較して小規模な案件が多かった。エネルギー関連事業では中国経済の低迷や米国の関税政策等によりプロジェクトに遅れが生じ、受注タイミングが想定より後ろ倒しになった。両事業で売上高減少に伴う売上総利益の減少、従業員向け株式報酬の費用化による人件費増加等が影響した。 |
Items this document does not state (8)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodPayout ratioShareholder Return PolicyMaterial subsequent events
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.水関連事業では第3四半期に完工した官公庁向け案件が前期より小規模だったこと、エネルギー関連事業では中国経済の低迷や米国の関税政策等を見極めたい顧客の意向によりプロジェクトが遅れ、受注時期が後ろ倒しになったことが売上減少につながった。利益面では売上高減少に伴う売上総利益の減少に加え、従業員向け株式報酬の費用化による人件費増加等が影響した。
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.