Worth reading
52Recurring
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
-54.5
% (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 Sales2,433¥ millionYear on year -7.9%Progress 44.2%
Operating profit109¥ millionYear on year -54.5%Progress 19.8%
Ordinary income111¥ millionYear on year -53.9%Progress 20.2%
Net income attributable to owners of the parent73¥ millionYear on year -58.3%Progress 18.3%
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¥9.45
Financial position at period-end
Total assets6,538¥ million
of which net assets 5,170 ¥ millionEquity ratio 79.1%vs. prior year-end +7.4pt
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 revenue
Gondolas and Stage Equipment1,532.8563.5%-15.7%
Marine-Related Businesses880.0236.5%+6.9%
Segment profit
Gondolas and Stage Equipment163.4841.2%-28.7%
Marine-Related Businesses233.1458.8%+27.8%
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥5,500 million (YoY -22.0%)
Operating profit¥550 million (YoY -47.4%)
Ordinary income¥550 million (YoY -47.3%)
Net income¥400 million (YoY -48.0%)
Revision to Earnings ForecastNet Sales No change / Operating profit No change / Ordinary income No change / Net income No change
Annual Dividend Forecast¥30 → ¥15（-50.0%）
Factors Behind Changes in Business Performance
The operating environment was difficult due to constraints on the supply of construction materials, persistently high material prices, labor shortages and other factors.
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 0 companies / Excluded 0 companies / Company name Not applicable
Orders received and order backlogOrders received ¥3,203 million (YoY -32.1%) / Order backlog Not disclosed
Availability of Supplementary Financial Results MaterialsNo
Availability of Financial Results BriefingNo
Issued Shares at Period-End8,987,700 shares issued at period-end
Treasury Shares at Period-End1,215,890 treasury shares at period-end
| 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 | ¥2,433 million (YoY -7.9%) |
| Operating profit | ¥109 million (YoY -54.5%) |
| Ordinary income | ¥111 million (YoY -53.9%) |
| Profit attributable to owners of the parent | ¥73 million (YoY -58.3%) |
| Net income per share | ¥9.45 |
| Equity ratio | End of the current fiscal period 79.1% / End of previous period 71.7% |
| Total assets | ¥6,538 million |
| Net assets | ¥5,170 million |
| Full-year earnings forecast | Net Sales ¥5,500 million (YoY -22.0%) / Operating profit ¥550 million (YoY -47.4%) / Ordinary income ¥550 million (YoY -47.3%) / Net income ¥400 million (YoY -48.0%) |
| Revision to Earnings Forecast | Net Sales No change / Operating profit No change / Ordinary income No change / Net income No change |
| Annual Dividend Forecast | ¥30 → ¥15（-50.0%） |
| Segment revenue | Gondolas and Stage Equipment ¥1,532.85 million (YoY -15.7%) / Marine-Related Businesses ¥880.02 million (YoY +6.9%) |
| Segment profit | Gondolas and Stage Equipment ¥163.48 million (YoY -28.7%) / Marine-Related Businesses ¥233.14 million (YoY +27.8%) |
| Orders received and order backlog | Orders received ¥3,203 million (YoY -32.1%) / Order backlog Not disclosed |
| 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 companies / Excluded 0 companies / Company name Not applicable |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | No |
| Issued Shares at Period-End | 8,987,700 shares issued at period-end |
| Treasury Shares at Period-End | 1,215,890 treasury shares at period-end |
| Factors Behind Changes in Business Performance | The operating environment was difficult due to constraints on the supply of construction materials, persistently high material prices, labor shortages and other factors. |
Items this document does not state (12)
Operating MarginCash flows from operating activitiesCash flows from investing activitiesCash flows from financing activitiesCash and cash equivalents at end of periodPayout ratioShareholder Return PolicyRegional salesDepreciation and amortizationImpairment lossBreakdown of extraordinary income (loss)Material 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 company stated that difficult operating conditions continued in the construction industry due to constraints on the supply of construction materials, persistently high material prices and labor shortages.
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.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.