Results for this period
First quarter1 January 2026 to 31 March 2026ConsolidatedIFRSThe 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 Millions of yen).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Revenue increased in the domestic machinery, water and environment, and other segments, as well as in the overseas machinery and water and environment segments. Operating profit increased as a result of improved foreign exchange rates, higher profits from increased sales, particularly in North America, and price revisions, despite higher costs due to U.S. tariffs and increased other expenses.
Not applicable (no matters to report in the notes on the going concern assumption)
| Item | Details |
|---|---|
| Fiscal Period Classification | First quarter |
| Accounting standards | IFRS |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 January 2026 to 31 March 2026 |
| Net Sales | 810,012 Millions of yen (YoY +13.7%) |
| Operating profit | 98,042 Millions of yen (YoY +59.1%) |
| Ordinary income | 102,778 Millions of yen (YoY +62.8%) |
| Profit attributable to owners of the parent | 73,285 Millions of yen (YoY +77.2%) |
| Net income per share | ¥64.45 |
| Operating Margin | 12.1% |
| Equity ratio | End of the current fiscal period 42.9% / End of previous period 42.3% |
| Total assets | 6,265,166 Millions of yen |
| Net assets | 2,932,992 Millions of yen |
| Cash flows from operating activities | 14,748 Millions of yen |
| Cash flows from investing activities | -27,459 Millions of yen |
| Cash flows from financing activities | -31,366 Millions of yen |
| Cash and cash equivalents at end of period | 238,395 Millions of yen |
| Full-year earnings forecast | Net Sales 3,150,000 Millions of yen (YoY +4.3%) / Operating profit 300,000 Millions of yen (YoY +13.0%) / Ordinary income 317,000 Millions of yen (YoY +12.4%) / Net income 210,000 Millions of yen (YoY +12.5%) |
| Annual Dividend Forecast | ¥50 → ¥52（+4.0%） |
| Segment revenue | Segment Machinery / Net Sales 700,817 Millions of yen / Year-on-year (%) 14.9, Segment Water and Environment / Net Sales 105,163 Millions of yen / Year-on-year (%) 6.5, Segment Other / Net Sales 4,032 Millions of yen / Year-on-year (%) 2.2 |
| Segment profit | Segment Machinery / Segment profit 79,680 Millions of yen / Year-on-year (%) 45, Segment Water and Environment / Segment profit 14,277 Millions of yen / Year-on-year (%) 6.9, Segment Other / Segment profit 73 Millions of yen / Year-on-year (%) -81.8 |
| Regional sales | Region Japan / Net Sales 184,403 Millions of yen, Region North America / Net Sales 327,019 Millions of yen, Region Europe / Net Sales 102,344 Millions of yen, Region Asia (excluding Japan) / Net Sales 170,274 Millions of yen, Region Other / Net Sales 25,972 Millions of yen |
| Depreciation and amortization | 35,605 Millions of yen |
| Disclosure regarding the going concern assumption | Not applicable (no matters to report in the notes on the going concern assumption) |
| 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 No applicable matters |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (conference call for institutional investors and securities analysts) |
| Issued Shares at Period-End | 1,138,716,846 Shares |
| Treasury Shares at Period-End | 1,652,579 Shares |
| Factors Behind Changes in Business Performance | Revenue increased in the domestic machinery, water and environment, and other segments, as well as in the overseas machinery and water and environment segments. Operating profit increased as a result of improved foreign exchange rates, higher profits from increased sales, particularly in North America, and price revisions, despite higher costs due to U.S. tariffs and increased other expenses. |
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.Although costs increased due to the impact of U.S. tariffs and other expenses also rose, operating profit increased as a result of improved foreign exchange rates, higher profits from increased sales, particularly in North America, in the machinery segment, and price revisions. The full-year forecasts have not been revised because, while geopolitical risks and changes in tariff policy are expected to affect demand and costs, certain factors remain fluid.