Results for this period
First quarter1 January 2026–31 March 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.
Domestic capital investment and exports remained solid, the U.S. economy was firm, and a gradual recovery was seen in Europe, while weak demand continued in China. As orders increased, net sales and operating income rose in Mechatronics and other businesses. Operating income declined in Logistics & Construction due to higher costs in the North American business, while operating income increased in Energy & Lifeline due to improved project profitability.
No applicable matters
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 January 2026–31 March 2026 |
| Net Sales | ¥255,566 million (YoY +5.8%) |
| Operating profit | ¥13,377 million (YoY +19.6%) |
| Ordinary income | ¥11,046 million (YoY +26.9%) |
| Profit attributable to owners of the parent | ¥7,913 million (YoY +21.8%) |
| Net income per share | ¥65.96 |
| Equity ratio | End of the current fiscal period 51.6 / End of previous period 51.6 |
| Total assets | ¥1,328,120 million |
| Net assets | ¥689,480 million |
| Cash flows from operating activities | ¥4,585 million |
| Cash flows from investing activities | ¥-6,194 million |
| Cash flows from financing activities | ¥11,754 million |
| Cash and cash equivalents at end of period | ¥121,243 million |
| Full-year earnings forecast | Net Sales ¥1,090,000 million (YoY +2.2%) / Operating profit ¥60,000 million (YoY +16.5%) / Ordinary income ¥55,000 million (YoY +19.7%) / Profit attributable to owners of the parent ¥34,000 million (YoY +9.9%) / Net income per share ¥282.91 |
| Annual Dividend Forecast | ¥125 → ¥145（+16.0%） |
| Segment revenue | Mechatronics ¥72,426 million (YoY +12.2%), Industrial Machinery ¥49,431 million (YoY +1.6%), Logistics & Construction ¥90,040 million (YoY +10.4%), Energy & Lifeline ¥41,796 million (YoY -6.9%), Other ¥1,874 million (YoY -2.7%) |
| Segment profit | Mechatronics ¥6,830 million (YoY +43.0%), Industrial Machinery ¥567 million, Logistics & Construction ¥2,117 million (YoY -37.0%), Energy & Lifeline ¥3,222 million (YoY +9.0%), Other ¥632 million (YoY +18.0%) |
| Orders received and order backlog | Orders received ¥318,440 million / Order backlog ¥796,494 million |
| Depreciation and amortization | ¥10,229 million |
| Impairment loss | ¥87 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of investment securities ¥2,240 million / Extraordinary loss Impairment Losses ¥87 million |
| 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 |
| Material subsequent events | No applicable matters. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Whether applicable Yes / Subject person Institutional investors, analysts and the media |
| Issued Shares at Period-End | 122,905,481 |
| Treasury Shares at Period-End | 3,373,346 |
| Factors Behind Changes in Business Performance | Domestic capital investment and exports remained solid, the U.S. economy was firm, and a gradual recovery was seen in Europe, while weak demand continued in China. As orders increased, net sales and operating income rose in Mechatronics and other businesses. Operating income declined in Logistics & Construction due to higher costs in the North American business, while operating income increased in Energy & Lifeline due to improved project profitability. |
Items this document does not state (5)
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.Domestic capital investment and exports remained solid, the U.S. economy was firm, and a gradual recovery was also seen in Europe. As orders increased, net sales and operating income rose in Mechatronics and other businesses, while operating income declined in Logistics & Construction due to higher costs in the North American business. In Energy & Lifeline, net sales declined because there were fewer projects contributing to sales, but operating income increased mainly because of improved project profitability for biomass power generation facilities.