Results for this period
Interim period (second quarter)21 February 2026–20 August 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 ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
While interim revenue at 瑞光（上海）電気設備有限公司 decreased by ¥1,339 million year on year, revenue of ¥2,089 million from the cotton spunlace business acquired in December 2025 contributed to results. In terms of profit, the decline in revenue at 瑞光（上海）電気設備有限公司 had a substantial impact.
No applicable matters
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 21 February 2026–20 August 2026 |
| Net Sales | ¥10,899 million (YoY +3.9%) |
| Operating profit | ¥-222 million |
| Ordinary income | ¥-158 million |
| Profit attributable to owners of the parent | ¥-146 million |
| Net income per share | △¥5.65 |
| Equity ratio | End of the current fiscal period 66.7 / End of previous period 69.1 |
| Total assets | ¥54,192 million |
| Net assets | ¥36,213 million |
| Cash flows from operating activities | ¥-2,260 million |
| Cash flows from investing activities | ¥-1,651 million |
| Cash flows from financing activities | ¥629 million |
| Cash and cash equivalents at end of period | ¥6,289 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 → ¥20（+66.7%） |
| Segment revenue | Sanitary products manufacturing machinery business ¥8,656,868 thousand (YoY -16.0%), Cotton spunlace business ¥2,089,840 thousand, Other Businesses ¥152,558 thousand |
| Segment profit | Sanitary products manufacturing machinery business ¥-227,136 thousand, Cotton spunlace business ¥3,632 thousand, Other Businesses ¥-3,033 thousand |
| Orders received and order backlog | Orders received ¥13,829,589 thousand / Order backlog ¥18,778,593 thousand |
| Depreciation and amortization | ¥479 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥24 thousand / Extraordinary loss Loss on sale of fixed assets ¥247 thousand, Loss on Disposal of Fixed Assets ¥5,404 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 0 / Excluded 0 / Company name None |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Whether applicable Yes / Subject person Institutional investors and securities analysts |
| Issued Shares at Period-End | 28,800,000 |
| Treasury Shares at Period-End | 2,805,841 |
| Factors Behind Changes in Business Performance | While interim revenue at 瑞光（上海）電気設備有限公司 decreased by ¥1,339 million year on year, revenue of ¥2,089 million from the cotton spunlace business acquired in December 2025 contributed to results. In terms of profit, the decline in revenue at 瑞光（上海）電気設備有限公司 had a substantial impact. |
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.Shipments by 瑞光（上海）電気設備有限公司 are concentrated in the second half, causing interim revenue to decline, while revenue of ¥2,089 million from the cotton spunlace business acquired in December 2025 contributed to results. In terms of profit, the company explained that the impact of the decline in revenue at 瑞光（上海）電気設備有限公司 was substantial.