Worth reading
38Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Improvement
Direction inferred from the company’s description.Scale
35.9
Operating profit, year-on-year change (%)Wording
Conditional
How definitive the wording is.Results for this period
First quarter1 April 2026–30 June 2026ConsolidatedJapanese GAAPNet Sales10,211¥ millionYear on year +8.0%Progress 23.2%
Operating profit798¥ millionYear on year +35.9%Progress 24.2%
Ordinary income1,101¥ millionYear on year +42.1%Progress 30.6%
Net income attributable to owners of the parent848¥ millionYear on year +48.1%
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¥32.25
Financial position at period-end
Total assets83,072¥ million
of which net assets 64,350 ¥ millionEquity ratio 77.2%vs. prior year-end +1.3pt
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 revenueHeat Exchangers business ¥4,337 million (YoY -4.2%), Process Engineering business ¥4,617 million (YoY +26.7%), Valve business ¥1,250 million (YoY -0.6%), Other Businesses ¥7 million (YoY -70.7%)
Segment profitHeat Exchangers business ¥376 million (YoY +38.1%), Process Engineering business ¥295 million (YoY -17.1%), Valve business ¥144 million (YoY +56.6%), Other Businesses ¥-5 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥44,000 million (YoY -2.0%)
Operating profit¥3,300 million (YoY -0.1%)
Ordinary income¥3,600 million (YoY -0.6%)
Profit attributable to owners of the parent¥2,410 million (YoY -30.1%)
Annual Dividend Forecast¥55 → ¥55（0.0%）
Factors Behind Changes in Business Performance
Orders increased due to growth in maintenance services, large-scale projects for overseas vessels, and projects in the sewage treatment sector, among other factors. Revenue increased due to deliveries of large-scale food equipment projects and growth in semiconductor-related business. Operating profit increased as a result of improvements in the sales mix and other factors, despite higher fixed costs.
Disclosure regarding the going concern assumption
Not applicable.
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 consolidationNew 0 / Excluded 0 / Company name None
Material subsequent eventsNot applicable.
Impairment loss¥0 million (no material impairment loss related to fixed assets)
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥0 million / Extraordinary loss Loss on disposal and sale of non-current assets ¥0 million
Depreciation and amortization¥474 million
Orders received and order backlogOrders received ¥11,113 million / Order backlog ¥25,937 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingNo
Issued Shares at Period-End28,732,800 Shares
Treasury Shares at Period-End2,438,887 Shares
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026–30 June 2026 |
| Net Sales | ¥10,211 million (YoY +8.0%) |
| Operating profit | ¥798 million (YoY +35.9%) |
| Ordinary income | ¥1,101 million (YoY +42.1%) |
| Profit attributable to owners of the parent | ¥848 million (YoY +48.1%) |
| Net income per share | ¥32.25 |
| Equity ratio | End of the current fiscal period 77.2 / End of previous period 75.9 |
| Total assets | ¥83,072 million |
| Net assets | ¥64,350 million |
| Full-year earnings forecast | Net Sales ¥44,000 million (YoY -2.0%) / Operating profit ¥3,300 million (YoY -0.1%) / Ordinary income ¥3,600 million (YoY -0.6%) / Profit attributable to owners of the parent ¥2,410 million (YoY -30.1%) |
| Annual Dividend Forecast | ¥55 → ¥55（0.0%） |
| Segment revenue | Heat Exchangers business ¥4,337 million (YoY -4.2%), Process Engineering business ¥4,617 million (YoY +26.7%), Valve business ¥1,250 million (YoY -0.6%), Other Businesses ¥7 million (YoY -70.7%) |
| Segment profit | Heat Exchangers business ¥376 million (YoY +38.1%), Process Engineering business ¥295 million (YoY -17.1%), Valve business ¥144 million (YoY +56.6%), Other Businesses ¥-5 million |
| Orders received and order backlog | Orders received ¥11,113 million / Order backlog ¥25,937 million |
| Depreciation and amortization | ¥474 million |
| Impairment loss | ¥0 million (no material impairment loss related to fixed assets) |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥0 million / Extraordinary loss Loss on disposal and sale of non-current assets ¥0 million |
| 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 | New 0 / Excluded 0 / Company name None |
| Material subsequent events | Not applicable. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | No |
| Issued Shares at Period-End | 28,732,800 Shares |
| Treasury Shares at Period-End | 2,438,887 Shares |
| Factors Behind Changes in Business Performance | Orders increased due to growth in maintenance services, large-scale projects for overseas vessels, and projects in the sewage treatment sector, among other factors. Revenue increased due to deliveries of large-scale food equipment projects and growth in semiconductor-related business. Operating profit increased as a result of improvements in the sales mix and other factors, despite higher fixed costs. |
Items this document does not state (9)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodRevision to Earnings ForecastPayout ratioShareholder Return PolicyRegional sales
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.Orders and revenue increased due to growth in maintenance services, large-scale projects for overseas vessels, deliveries of large-scale food equipment projects, and growth in semiconductor-related business. Although fixed costs, including personnel expenses and depreciation, increased, improvements in the sales mix and other factors lifted operating profit.
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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.