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.
The construction equipment filter business reported a 6.7% increase in revenue and a 6.2% increase in profit, due to factors including increased demand for new equipment. The air filter business reported a 12.5% decrease in revenue and an operating loss due to production and shipment delays associated with the replacement of its core system, as well as higher system operating costs. Ordinary income decreased due to factors including increased foreign exchange losses.
Not applicable.
| 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 | ¥20,941 million (YoY +4.2%) |
| Operating profit | ¥2,592 million (YoY -1.4%) |
| Ordinary income | ¥2,535 million (YoY -5.0%) |
| Profit attributable to owners of the parent | ¥1,718 million (YoY -0.3%) |
| Net income per share | ¥24.62 |
| Operating Margin | 12.4% |
| Equity ratio | End of the current fiscal period 81.3% / End of previous period 84.9% |
| Total assets | ¥28,060 million |
| Net assets | ¥22,823 million |
| Cash flows from operating activities | ¥2,446 million |
| Cash flows from investing activities | ¥-770 million |
| Cash flows from financing activities | ¥-1,146 million |
| Cash and cash equivalents at end of period | ¥6,445 million |
| Full-year earnings forecast | Net Sales ¥22,560 million (YoY +7.7%) / Operating profit ¥2,825 million (YoY +9.0%) / Ordinary income ¥2,775 million (YoY +9.5%) / Net income ¥2,005 million (YoY +16.7%) |
| Annual Dividend Forecast | ¥12 per share → ¥20 per share（+66.7%） |
| Payout ratio | 69.7% |
| Segment revenue | Construction equipment filter business ¥18,654 million (YoY +6.7%), Air Filter Business ¥2,286 million (YoY -12.5%) |
| Segment profit | Construction equipment filter business ¥2,713 million (YoY +6.2%), Air Filter Business ¥-120 million |
| Depreciation and amortization | ¥790,440 thousand |
| Breakdown of extraordinary income (loss) | Extraordinary income Insurance proceeds received ¥1,401 thousand, Reversal of business restructuring expenses ¥4,266 thousand, Gain on sale of non-current assets ¥655 thousand / Extraordinary loss Loss on disposal and sale of non-current assets ¥4,319 thousand, Business-Structure Reform Costs ¥19,883 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 | No material changes. Number and names of newly consolidated or excluded companies: Not disclosed |
| Material subsequent events | At a meeting of the Board of Directors held on 15 May 2026, the company resolved to acquire treasury shares through market purchases from 18 May to 30 June 2026, up to a maximum of 1,000,000 shares and for a total acquisition cost of up to ¥700,000,000. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (for securities analysts and institutional investors) |
| Issued Shares at Period-End | 69,938,478 |
| Treasury Shares at Period-End | 320,458 |
| Factors Behind Changes in Business Performance | The construction equipment filter business reported a 6.7% increase in revenue and a 6.2% increase in profit, due to factors including increased demand for new equipment. The air filter business reported a 12.5% decrease in revenue and an operating loss due to production and shipment delays associated with the replacement of its core system, as well as higher system operating costs. Ordinary income decreased due to factors including increased foreign exchange losses. |
Items this document does not state (5)
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 construction equipment filter business reported increases in revenue and profit, driven by factors including increased demand for new equipment. The air filter business reported decreases in revenue and profit due to production and shipment delays associated with the replacement of its core system, as well as higher system operating costs. Ordinary income decreased due to factors including increased foreign exchange losses.