Worth reading
49Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
399
¥ million (year-on-year increase in consolidated net sales)Wording
Conditional
How definitive the wording is.Contents of this document
Presentation materials for financial resultsThird quarter of the fiscal year ending October 20268 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥46,805 million+0.9%
Operating profit¥4,713 million-1.9%
Ordinary income¥4,841 million-0.3%
Net income¥3,524 million+5.0%
Operating profit marginChemical Industrial Products Sales Business: 8.4%, +0.2 percentage points year on year. Machinery Manufacturing and Sales Business: 15.0%, -1.4 percentage points year on year. Consolidated: Not disclosed
Selling, general and administrative expensesIncreased mainly due to higher personnel expenses. Amount and SG&A-to-sales ratio: Not disclosed
Full-year earnings forecast
Net Sales
¥62,900 million
Operating profit
¥5,900 million
Ordinary income
¥6,000 million
Net income for the current fiscal year
¥4,400 million
Progress against full-year forecast 通期の予想に対して、いまどこまで進んだかの割合です。
Consolidated
Net Sales74.4%
Operating profit79.9%
Chemical Products Sales Business
Net Sales75.3%
Operating profit75.1%
Machinery Manufacturing and Sales Business
Net Sales72.0%
Operating profit83.6%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Consolidated results were broadly in line with expectations. The Chemical Industrial Products Sales Business was progressing slightly ahead of expectations. In the Machinery Manufacturing and Sales Business, revenue was broadly in line with expectations, while operating profit was progressing slightly below expectations.Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Revenue from the Chemical Industrial Products Sales Business
Chemical products917
Mineral products-related-2,379
Industrial materials-related1,003
Functional materials-related467
Electronic materials-related318
Synthetic resin-related139
Other147
Revenue from the Machinery Manufacturing and Sales Business
Public-Sector Demand662
Private-Sector Demand-762
Overseas expansion-116
By product: Machinery146
By product: Equipment Installation-715
By product: Parts Repair354
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
The Chemical Industrial Products Sales Business is expected to continue growing in 4Q, primarily in industrial materials. In the Machinery Manufacturing and Sales Business, growth is expected in 4Q in machinery for private-sector and overseas markets, as well as parts repair. Numerical assumptions: Not disclosedNew initiatives
Sales of heat exchangers for low-temperature waste heat utilization launchedKey KPIsA metric the company considers important as a management benchmark.
Order backlog: down year on year, but expected to reach a record-high level as of the fiscal year-end. Amount: Not disclosedSegment results
Chemical Products Sales Business
Net Sales
¥34,844 million+1.8%
Gross profit
¥7,323 million+5.1%
Operating profit
¥2,914 million+3.8%
Machinery Manufacturing and Sales Business
Net Sales
¥11,960 million-1.8%
Gross profit
¥4,931 million-1.1%
Operating profit
¥1,798 million-10.0%
Orders received and order backlog
Order backlog declined year on year. Large orders are expected in 4Q from overseas and government demand, and the backlog is expected to reach a record-high level as of the fiscal year-end. Amount: Not disclosedGross profit
Chemical Industrial Products Sales Business: 21.0%, +0.6 percentage points year on year. Machinery Manufacturing and Sales Business: 41.2%, +0.2 percentage points year on year. Consolidated: Not disclosed| Item | Details |
|---|---|
| Document type | Presentation materials for financial results |
| Fiscal Period Covered | Third quarter of the fiscal year ending October 2026 |
| Net Sales | ¥46,805 million (YoY +0.9%) |
| Operating profit | ¥4,713 million (YoY -1.9%) |
| Ordinary income | ¥4,841 million (YoY -0.3%) |
| Net income | ¥3,524 million (YoY +5.0%) |
| Gross profit | Chemical Industrial Products Sales Business: 21.0%, +0.6 percentage points year on year. Machinery Manufacturing and Sales Business: 41.2%, +0.2 percentage points year on year. Consolidated: Not disclosed |
| Operating profit margin | Chemical Industrial Products Sales Business: 8.4%, +0.2 percentage points year on year. Machinery Manufacturing and Sales Business: 15.0%, -1.4 percentage points year on year. Consolidated: Not disclosed |
| Selling, general and administrative expenses | Increased mainly due to higher personnel expenses. Amount and SG&A-to-sales ratio: Not disclosed |
| Full-year earnings forecast | Net Sales ¥62,900 million / Operating profit ¥5,900 million / Ordinary income ¥6,000 million / Net income for the current fiscal year ¥4,400 million |
| Progress against full-year forecast | Consolidated Net Sales 74.4% / Operating profit 79.9% / Chemical Products Sales Business Net Sales 75.3% / Operating profit 75.1% / Machinery Manufacturing and Sales Business Net Sales 72.0% / Operating profit 83.6% |
| Self-assessment against the plan | Consolidated results were broadly in line with expectations. The Chemical Industrial Products Sales Business was progressing slightly ahead of expectations. In the Machinery Manufacturing and Sales Business, revenue was broadly in line with expectations, while operating profit was progressing slightly below expectations. |
| Segment results | Chemical Products Sales Business Net Sales ¥34,844 million (YoY +1.8%) / Gross profit ¥7,323 million (YoY +5.1%) / Operating profit ¥2,914 million (YoY +3.8%) / Machinery Manufacturing and Sales Business Net Sales ¥11,960 million (YoY -1.8%) / Gross profit ¥4,931 million (YoY -1.1%) / Operating profit ¥1,798 million (YoY -10.0%) |
| Breakdown of Factors Affecting the Change | Revenue from the Chemical Industrial Products Sales Business Chemical products 917 / Mineral products-related -2,379 / Industrial materials-related 1,003 / Functional materials-related 467 / Electronic materials-related 318 / Synthetic resin-related 139 / Other 147 / Revenue from the Machinery Manufacturing and Sales Business Public-Sector Demand 662 / Private-Sector Demand -762 / Overseas expansion -116 / By product: Machinery 146 / By product: Equipment Installation -715 / By product: Parts Repair 354 |
| Key KPIs | Order backlog: down year on year, but expected to reach a record-high level as of the fiscal year-end. Amount: Not disclosed |
| Assumptions Underlying the Business Outlook | The Chemical Industrial Products Sales Business is expected to continue growing in 4Q, primarily in industrial materials. In the Machinery Manufacturing and Sales Business, growth is expected in 4Q in machinery for private-sector and overseas markets, as well as parts repair. Numerical assumptions: Not disclosed |
| Orders received and order backlog | Order backlog declined year on year. Large orders are expected in 4Q from overseas and government demand, and the backlog is expected to reach a record-high level as of the fiscal year-end. Amount: Not disclosed |
| New initiatives | Sales of heat exchangers for low-temperature waste heat utilization launched |
Items this document does not state (13)
Results for the three months of the current quarterUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsAnnual DividendPayout ratioAcquisition of treasury sharesCapital expendituresMarket Size / ShareKey points of the Q&A
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.Revenue increased due to solid sales in the Chemical Industrial Products Sales Business. Operating profit declined due to higher selling, general and administrative expenses, primarily personnel expenses, and lower revenue in the Machinery Manufacturing and Sales Business. Net income increased due to the recognition of a gain on reversal of the foreign currency translation adjustment account associated with the liquidation of a Chinese subsidiary and gains on the sale of strategic shareholdings.
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.