Results for this period
Interim period (second quarter)1 April 2026 to 30 September 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 ¥ thousand).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
The construction machinery filter business posted higher sales and profit, driven by increased demand for new vehicles and progress in the strategy to expand market share in North America. The air filter business posted higher sales and a narrower loss as disruptions associated with the replacement of the core system subsided, operations stabilised and the supply structure improved. Higher material costs due to the situation in the Middle East and startup costs in the functional materials business weighed on profit.
Not applicable.
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 September 2026 |
| Net Sales | ¥11,282 million (YoY +9.7%) |
| Operating profit | ¥1,338 million (YoY -2.5%) |
| Ordinary income | ¥1,328 million (YoY -1.6%) |
| Profit attributable to owners of the parent | ¥988 million (YoY +8.7%) |
| Net income per share | ¥14.27 |
| Operating Margin | 11.9% |
| Equity ratio | End of the current fiscal period 74.8% / End of previous period 81.3% |
| Total assets | ¥30,673 million |
| Net assets | ¥22,934 million |
| Cash flows from operating activities | ¥1,244,248 thousand |
| Cash flows from investing activities | ¥-855,307 thousand |
| Cash flows from financing activities | ¥656,135 thousand |
| Cash and cash equivalents at end of period | ¥7,433,833 thousand |
| 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%) / Profit attributable to owners of parent ¥2,005 million (YoY +16.7%) |
| Annual Dividend Forecast | 18 yen → 20 yen（+11.1%） |
| Segment revenue | Construction equipment filter business ¥10,097,494 thousand (YoY +9.7%), Air Filter Business ¥1,184,884 thousand (YoY +9.1%), Functional Materials Business ¥619 thousand |
| Segment profit | Construction equipment filter business ¥1,563,770 thousand (YoY +6.2%), Air Filter Business ¥-26,718 thousand, Functional Materials Business ¥-198,882 thousand |
| Depreciation and amortization | ¥436,867 thousand |
| Breakdown of extraordinary income (loss) | Extraordinary income Not recorded / Extraordinary loss Loss on disposal and sale of non-current assets ¥1,128 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 (no newly consolidated or excluded companies, or company names, were disclosed) |
| 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 | 363,927 |
| Factors Behind Changes in Business Performance | The construction machinery filter business posted higher sales and profit, driven by increased demand for new vehicles and progress in the strategy to expand market share in North America. The air filter business posted higher sales and a narrower loss as disruptions associated with the replacement of the core system subsided, operations stabilised and the supply structure improved. Higher material costs due to the situation in the Middle East and startup costs in the functional materials business weighed on profit. |
Items this document does not state (7)
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.Demand for new vehicles remained firm in each market, and the strategy to expand market share in North America also progressed, resulting in higher sales and profit in the construction machinery filter business. In the air filter business, disruptions associated with the replacement of the core system subsided, and the supply structure improved. Meanwhile, material costs rose due to the situation in the Middle East, and startup costs were incurred in the functional materials business.