Results for this period
Interim period (second quarter)1 January 2026–30 June 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 yen).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
In Japan, sales of agricultural machinery products decreased due to a temporary decline in production capacity during the transition associated with the reorganization of production sites. Overseas, sales increased due to higher sales in Europe and foreign exchange effects. The main factors were the effects of Project Z and price revisions on operating income, an improvement in foreign exchange gains and losses on ordinary income, and the absence of gains on sales of fixed assets on interim net income attributable to owners of the parent.
Not applicable.
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 January 2026–30 June 2026 |
| Net Sales | 101,917 million yen (YoY +1.0%) |
| Operating profit | 5,575 million yen (YoY +28.0%) |
| Ordinary income | 5,200 million yen (YoY +37.1%) |
| Profit attributable to owners of the parent | 3,105 million yen (YoY -5.1%) |
| Net income per share | ¥137.23 |
| Equity ratio | End of the current fiscal period 35.1% / End of previous period 35.2% |
| Total assets | 223,922 million yen |
| Net assets | 83,535 million yen |
| Cash flows from operating activities | -2,645 million yen |
| Cash flows from investing activities | -8,891 million yen |
| Cash flows from financing activities | 5,342 million yen |
| Cash and cash equivalents at end of period | 6,887 million yen |
| Full-year earnings forecast | Net Sales 180,000 million yen (YoY -3.1%) / Operating profit 6,000 million yen (YoY +42.0%) / Ordinary income 4,900 million yen (YoY +18.9%) / Net income 3,000 million yen (YoY +8.8%) |
| Annual Dividend Forecast | ¥40.00 → ¥45.00（+12.5%） |
| Regional sales | 63,913 million yen (YoY -2.9%), 38,004 million yen (YoY +8.5%) |
| Depreciation and amortization | 2,680 million yen |
| Impairment loss | 209 million yen |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets 63 million yen / Extraordinary loss Loss on disposal and sale of non-current assets 183 million yen, Impairment Losses 209 million yen |
| 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 Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed |
| Material subsequent events | The impact of the 2026 Kumamoto earthquake on the Group is currently being assessed. The company states that it will promptly disclose any events requiring disclosure. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Whether applicable Yes / Subject person Institutional investors and analysts |
| Issued Shares at Period-End | 22,984,993 shares |
| Treasury Shares at Period-End | 352,268 shares |
| Factors Behind Changes in Business Performance | In Japan, sales of agricultural machinery products decreased due to a temporary decline in production capacity during the transition associated with the reorganization of production sites. Overseas, sales increased due to higher sales in Europe and foreign exchange effects. The main factors were the effects of Project Z and price revisions on operating income, an improvement in foreign exchange gains and losses on ordinary income, and the absence of gains on sales of fixed assets on interim net income attributable to owners of the parent. |
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.In Japan, sales of agricultural machinery products decreased due to a temporary decline in production capacity during the transition associated with the reorganization of production sites. Overseas, sales increased due to higher sales in Europe and foreign exchange effects. Operating income increased due to the effects of Project Z and price revisions, while ordinary income increased as foreign exchange gains and losses improved. Interim net income attributable to owners of the parent decreased due to the absence of gains on sales of fixed assets recorded in the previous period.