Worth reading
58In 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
-54.4
Year-on-year change in operating profit (%)Wording
Conditional
How definitive the wording is.Results for this period
First quarter1 April 2026 to 30 June 2026ConsolidatedJapanese GAAPNet Sales9,202¥ millionYear on year -25.8%Progress 9.5%
Operating profit628¥ millionYear on year -54.4%Progress 3.9%
Ordinary income342¥ millionYear on year -56.2%Progress 2.3%
Net income attributable to owners of the parent239¥ millionYear on year -48.4%Progress 2.2%
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¥6.25
Financial position at period-end
Total assets111,078¥ million
of which net assets 38,542 ¥ millionEquity ratio 33.9%vs. prior year-end -1.7pt
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 revenueJapan ¥3,894 million (YoY -47.8%), South Korea ¥1,374 million (YoY +124.7%), China ¥1,031 million (YoY +4.2%), Taiwan ¥1,730 million (YoY +168.4%), United States ¥1,123 million (YoY -58.1%), Other ¥48 million (YoY +617.5%)
Segment profitJapan ¥395 million (YoY -48.1%), South Korea ¥19 million (YoY -67.6%), China ¥-24 million, Taiwan ¥188 million (YoY +0.5%), United States ¥40 million (YoY -88.9%), Other ¥8 million
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥97,000 million (YoY +72.5%)
Operating profit¥16,000 million (YoY +140.0%)
Ordinary income¥15,000 million (YoY +166.5%)
Net income¥11,100 million (YoY +190.7%)
Annual Dividend Forecast¥81 → ¥85
Factors Behind Changes in Business Performance
Revenue from water treatment equipment declined as major projects reached completion, while selling, general and administrative expenses, including personnel expenses, increased. Meanwhile, the gross profit margin improved as maintenance and consumables accounted for a larger share of sales, and orders received increased following the receipt of major orders from semiconductor-related companies.
Disclosure regarding the going concern assumption
No applicable matters.
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 Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed
Material subsequent eventsAt a meeting of the Board of Directors held on 15 July 2026, the Company resolved to issue subscription rights to shares as stock options for executive officers and employees. The number of shares subject to the rights will be capped at 254,500 common shares.
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥6,115 thousand / Extraordinary loss Loss on Disposal of Fixed Assets ¥0 thousand
Depreciation and amortization¥365,670 thousand
Orders received and order backlogOrders received ¥38,891 million / Order backlog Not disclosed
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable No / Subject person Not disclosed
Issued Shares at Period-End40,608,000
Treasury Shares at Period-End2,217,216
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 June 2026 |
| Net Sales | ¥9,202 million (YoY -25.8%) |
| Operating profit | ¥628 million (YoY -54.4%) |
| Ordinary income | ¥342 million (YoY -56.2%) |
| Profit attributable to owners of the parent | ¥239 million (YoY -48.4%) |
| Net income per share | ¥6.25 |
| Equity ratio | End of the current fiscal period 33.9% / End of previous period 35.6% |
| Total assets | ¥111,078 million |
| Net assets | ¥38,542 million |
| Full-year earnings forecast | Net Sales ¥97,000 million (YoY +72.5%) / Operating profit ¥16,000 million (YoY +140.0%) / Ordinary income ¥15,000 million (YoY +166.5%) / Net income ¥11,100 million (YoY +190.7%) |
| Annual Dividend Forecast | ¥81 → ¥85 |
| Segment revenue | Japan ¥3,894 million (YoY -47.8%), South Korea ¥1,374 million (YoY +124.7%), China ¥1,031 million (YoY +4.2%), Taiwan ¥1,730 million (YoY +168.4%), United States ¥1,123 million (YoY -58.1%), Other ¥48 million (YoY +617.5%) |
| Segment profit | Japan ¥395 million (YoY -48.1%), South Korea ¥19 million (YoY -67.6%), China ¥-24 million, Taiwan ¥188 million (YoY +0.5%), United States ¥40 million (YoY -88.9%), Other ¥8 million |
| Orders received and order backlog | Orders received ¥38,891 million / Order backlog Not disclosed |
| Depreciation and amortization | ¥365,670 thousand |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥6,115 thousand / Extraordinary loss Loss on Disposal of Fixed Assets ¥0 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 Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed |
| Material subsequent events | At a meeting of the Board of Directors held on 15 July 2026, the Company resolved to issue subscription rights to shares as stock options for executive officers and employees. The number of shares subject to the rights will be capped at 254,500 common shares. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Whether applicable No / Subject person Not disclosed |
| Issued Shares at Period-End | 40,608,000 |
| Treasury Shares at Period-End | 2,217,216 |
| Factors Behind Changes in Business Performance | Revenue from water treatment equipment declined as major projects reached completion, while selling, general and administrative expenses, including personnel expenses, increased. Meanwhile, the gross profit margin improved as maintenance and consumables accounted for a larger share of sales, and orders received increased following the receipt of major orders from semiconductor-related companies. |
Items this document does not state (10)
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 salesImpairment loss
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.Revenue declined as major water treatment equipment projects in the United States and Japan reached completion, resulting in lower gross profit. In addition, selling, general and administrative expenses, including personnel expenses, increased. Meanwhile, the gross profit margin improved as maintenance and consumables accounted for a larger share of sales.
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.