Results for this period
First quarter21 February 2026 to 20 May 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.
The main factor was a ¥2,108 million year-on-year decrease in first-quarter net sales at 瑞光（上海）電気設備有限公司, down 95.0%, because its shipments were concentrated in the second quarter. The main factor behind the decrease in operating profit was a ¥331 million year-on-year decline at the company, while costs also increased due to delays in the delivery of new product projects incorporating high-value-added functions.
Not applicable.
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 21 February 2026 to 20 May 2026 |
| Net Sales | ¥4,170 million (YoY -19.2%) |
| Operating profit | ¥-225 million |
| Ordinary income | ¥-191 million |
| Profit attributable to owners of the parent | ¥-181 million |
| Net income per share | △¥6.99 |
| Equity ratio | End of the current fiscal period 69.1 / End of previous period 69.1 |
| Total assets | ¥51,719 million |
| Net assets | ¥35,839 million |
| Full-year earnings forecast | Net Sales ¥27,000 million (YoY +27.5%) / Operating profit ¥1,780 million (YoY +993.9%) / Ordinary income ¥1,820 million (YoY +419.1%) / Net income ¥1,280 million (YoY -35.1%) |
| Annual Dividend Forecast | 12 yen and sen → 20 yen and sen（+66.7%） |
| Segment revenue | Sanitary products manufacturing machinery business ¥2,957,301 thousand, Cotton spunlace business ¥1,135,245 thousand |
| Segment profit | Sanitary products manufacturing machinery business ¥-239,825 thousand, Cotton spunlace business ¥13,134 thousand |
| Depreciation and amortization | ¥237,368 thousand |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥7 thousand / Extraordinary loss Loss on sale of fixed assets ¥242 thousand, Loss on Disposal of Fixed Assets ¥5,133 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 | New 0 companies (company name: —) / Excluded 0 companies (company name: —) |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | Event No / Subject person Not disclosed |
| Issued Shares at Period-End | 28,800,000 |
| Treasury Shares at Period-End | 2,825,939 |
| Factors Behind Changes in Business Performance | The main factor was a ¥2,108 million year-on-year decrease in first-quarter net sales at 瑞光（上海）電気設備有限公司, down 95.0%, because its shipments were concentrated in the second quarter. The main factor behind the decrease in operating profit was a ¥331 million year-on-year decline at the company, while costs also increased due to delays in the delivery of new product projects incorporating high-value-added functions. |
Items this document does not state (12)
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 main factor was a ¥2,108 million year-on-year decrease in first-quarter net sales at 瑞光（上海）電気設備有限公司, down 95.0%, because its shipments were concentrated in the second quarter. On the earnings side, in addition to a ¥331 million year-on-year decrease in the company's operating profit, costs increased due to delays in the delivery of new product projects incorporating high-value-added functions.