Worth reading
59In 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
-61.2
% (year-on-year change in operating income)Wording
Conditional
How definitive the wording is.Results for this period
Interim period (second quarter)1 April 2026–30 September 2026ConsolidatedJapanese GAAPNet Sales24,132Millions of yenYear on year -4.2%Progress 24.9%
Operating profit1,109Millions of yenYear on year -61.2%Progress 6.9%
Ordinary income-164Millions of yen
Net income attributable to owners of the parent-226Millions of yen
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−¥5.89
Financial position at period-end
Total assets112,035Millions of yen
of which net assets 38,266 Millions of yenEquity ratio 33.3%vs. prior year-end -2.3pt
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.
Cash inflows and outflows
Operating-2,747
Investment-286
Financials+2,752
Net change-281
Stacked from zero: upward is an increase in cash, downward a decrease (in Millions of yen).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Cash and cash equivalents at end of period9,618 Millions of yen
Segment revenueJapan 10,015 Millions of yen (YoY -31.0%), South Korea 2,149 Millions of yen (YoY +3.2%), China 5,215 Millions of yen (YoY +90.8%), Taiwan 4,801 Millions of yen (YoY +277.1%), United States 1,873 Millions of yen (YoY -59.1%), Other 76 Millions of yen
Segment profitJapan 1,264 Millions of yen (YoY -29.8%), South Korea -740 Millions of yen, China -47 Millions of yen, Taiwan 483 Millions of yen (YoY +11.5%), United States 141 Millions of yen (YoY -78.3%), Other 7 Millions of yen
Regional sales10,015 Millions of yen, 2,149 Millions of yen, 5,215 Millions of yen, 4,801 Millions of yen, 1,873 Millions of yen, 76 Millions of yen
Outlook and shareholder returns
Full-year earnings forecast
Net Sales97,000 Millions of yen (YoY +72.5%)
Operating profit16,000 Millions of yen (YoY +140.0%)
Ordinary income14,000 Millions of yen (YoY +148.7%)
Profit attributable to owners of the parent10,360 Millions of yen (YoY +171.3%)
Annual Dividend Forecast81 Yen → 85 Yen（+4.9%）
Factors Behind Changes in Business Performance
The completion of large-scale water treatment equipment projects in the United States and Japan, rising costs for a large-scale water treatment equipment project in South Korea, and increases in selling, general and administrative expenses, including personnel costs.
Disclosure regarding the going concern assumption
No applicable items
Change in accounting policy
基準改正に伴う変更 Noneそれ以外の変更 None見積りの変更 None修正再表示 None
Changes in the scope of consolidation0 additions (company name: —), 0 exclusions (company name: —)
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets 6,115 Thousands of yen / Extraordinary loss Loss on disposal of fixed assets 96 Thousands of yen
Depreciation and amortization718 Millions of yen
Orders received and order backlogOrders received 50,816 Millions of yen / Order backlog Not disclosed
Availability of Supplementary Financial Results MaterialsAvailable
Availability of Financial Results BriefingWhether applicable Available / Subject person Institutional investors and analysts
Issued Shares at Period-End40,608,000
Treasury Shares at Period-End2,108,681
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026–30 September 2026 |
| Net Sales | 24,132 Millions of yen (YoY -4.2%) |
| Operating profit | 1,109 Millions of yen (YoY -61.2%) |
| Ordinary income | -164 Millions of yen |
| Profit attributable to owners of the parent | -226 Millions of yen |
| Net income per share | −¥5.89 |
| Equity ratio | End of the current fiscal period 33.3 / End of previous period 35.6 |
| Total assets | 112,035 Millions of yen |
| Net assets | 38,266 Millions of yen |
| Cash flows from operating activities | -2,747 Millions of yen |
| Cash flows from investing activities | -286 Millions of yen |
| Cash flows from financing activities | 2,752 Millions of yen |
| Cash and cash equivalents at end of period | 9,618 Millions of yen |
| Full-year earnings forecast | Net Sales 97,000 Millions of yen (YoY +72.5%) / Operating profit 16,000 Millions of yen (YoY +140.0%) / Ordinary income 14,000 Millions of yen (YoY +148.7%) / Profit attributable to owners of the parent 10,360 Millions of yen (YoY +171.3%) |
| Annual Dividend Forecast | 81 Yen → 85 Yen（+4.9%） |
| Segment revenue | Japan 10,015 Millions of yen (YoY -31.0%), South Korea 2,149 Millions of yen (YoY +3.2%), China 5,215 Millions of yen (YoY +90.8%), Taiwan 4,801 Millions of yen (YoY +277.1%), United States 1,873 Millions of yen (YoY -59.1%), Other 76 Millions of yen |
| Segment profit | Japan 1,264 Millions of yen (YoY -29.8%), South Korea -740 Millions of yen, China -47 Millions of yen, Taiwan 483 Millions of yen (YoY +11.5%), United States 141 Millions of yen (YoY -78.3%), Other 7 Millions of yen |
| Regional sales | 10,015 Millions of yen, 2,149 Millions of yen, 5,215 Millions of yen, 4,801 Millions of yen, 1,873 Millions of yen, 76 Millions of yen |
| Orders received and order backlog | Orders received 50,816 Millions of yen / Order backlog Not disclosed |
| Depreciation and amortization | 718 Millions of yen |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets 6,115 Thousands of yen / Extraordinary loss Loss on disposal of fixed assets 96 Thousands of yen |
| Disclosure regarding the going concern assumption | No applicable items |
| Change in accounting policy | Changes due to revisions to standards None / Other changes None / Change in accounting estimate None / Restatement None |
| Changes in the scope of consolidation | 0 additions (company name: —), 0 exclusions (company name: —) |
| Availability of Supplementary Financial Results Materials | Available |
| Availability of Financial Results Briefing | Whether applicable Available / Subject person Institutional investors and analysts |
| Issued Shares at Period-End | 40,608,000 |
| Treasury Shares at Period-End | 2,108,681 |
| Factors Behind Changes in Business Performance | The completion of large-scale water treatment equipment projects in the United States and Japan, rising costs for a large-scale water treatment equipment project in South Korea, and increases in selling, general and administrative expenses, including personnel costs. |
Items this document does not state (6)
Operating MarginRevision to Earnings ForecastPayout ratioShareholder Return PolicyImpairment lossMaterial 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.The completion of large-scale water treatment equipment projects in the United States and Japan, rising costs for a large-scale water treatment equipment project in South Korea, and increases in selling, general and administrative expenses, including personnel costs.
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.