Worth reading
62In focus
Scored from 5 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
24
¥100 millionWording
Avoiding a definitive answer
How definitive the wording is.Contents of this document
Supplementary materials to the earnings reportFirst quarter of the fiscal year ending March 20278 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥272 100 million
Operating profit¥5 100 million
Net income¥21 100 million
Operating profit margin
Rate1.8%
Year-on-year change+1.1 percentage points
Full-year earnings forecast
Orders received
¥1,900 100 million
Order backlog
¥3,615 100 million
Net Sales
¥1,520 100 million
Operating profit
¥110 100 million
Operating profit margin
7.2%
Profit attributable to owners of the parent
¥85 100 million
EBITDA
¥146 100 million
ROIC
Approximately 7%
ROE
Mid-8% range
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。
Orders received22.8%
Net Sales17.9%
Operating profit4.5%
Profit attributable to owners of the parent24.7%
EBITDA9.6%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Progressing steadilyBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Operating profit
Revenue effect+¥0.3 billion
Profit margin effect+¥100 million
Selling, general and administrative expenses-¥0.2 billion
Other-¥100 million
New initiatives
- Opened an overseas development center in Thailand, TSUKISHIMA HOLDINGS ASEAN R&D CENTER
- Began a capital alliance with LiLz to jointly develop next-generation inspection solutions for water infrastructure using AI and robotics
Key KPIsA metric the company considers important as a management benchmark.
- Orders received¥434 100 millionYear on year against the same period last year-¥0.7 billion
- Order backlog¥3,398 100 millionYear on year against the same period last year+¥2.3 billion
- After-sales ratio (Water Environment business, full-year forecast)65%
- After-sales ratio (Industrial business, full-year forecast)32%
Segment results
Orders received
Water Environment
¥335 100 million
Year on year against the same period last year+¥4.3 billion
Industry
¥99 100 million
Year on year against the same period last year-¥4.6 billion
Net Sales
Water Environment
¥171 100 million
Year on year against the same period last year+¥1.4 billion
Industry
¥101 100 million
Year on year against the same period last year+¥1.3 billion
Operating profit
Water Environment
¥0 100 million
Year on year against the same period last year+¥200 million
Industry
¥6 100 million
Year on year against the same period last year+¥400 million
Financial targets
ROICApproximately 7% (full-year forecast)
ROEMid-8% range (full-year forecast)
Market Size / Share
Industry-leading share in sewage sludge incinerators (figure is Not disclosed)Orders received and order backlog
Orders received
¥434 100 million
Order backlog
¥3,398 100 million
| Item | Details |
|---|---|
| Document type | Supplementary materials to the earnings report |
| Fiscal Period Covered | First quarter of the fiscal year ending March 2027 |
| Net Sales | ¥272 100 million |
| Operating profit | ¥5 100 million |
| Net income | ¥21 100 million |
| Operating profit margin | Rate 1.8% / Year-on-year change +1.1 percentage points |
| Full-year earnings forecast | Orders received ¥1,900 100 million / Order backlog ¥3,615 100 million / Net Sales ¥1,520 100 million / Operating profit ¥110 100 million / Operating profit margin 7.2% / Profit attributable to owners of the parent ¥85 100 million / EBITDA ¥146 100 million / ROIC Approximately 7% / ROE Mid-8% range |
| Progress against full-year forecast | Orders received 22.8% / Net Sales 17.9% / Operating profit 4.5% / Profit attributable to owners of the parent 24.7% / EBITDA 9.6% |
| Self-assessment against the plan | Progressing steadily |
| Segment results | Orders received Water Environment ¥335 100 million / Industry ¥99 100 million / Net Sales Water Environment ¥171 100 million / Industry ¥101 100 million / Operating profit Water Environment ¥0 100 million / Industry ¥6 100 million |
| Breakdown of Factors Affecting the Change | Operating profit Revenue effect +¥0.3 billion / Profit margin effect +¥100 million / Selling, general and administrative expenses -¥0.2 billion / Other -¥100 million |
| Key KPIs | Indicator name Orders received / Value ¥434 100 million / Year on year against the same period last year -¥0.7 billion, Indicator name Order backlog / Value ¥3,398 100 million / Year on year against the same period last year +¥2.3 billion, Indicator name After-sales ratio (Water Environment business, full-year forecast) / Value 65% / Year on year against the same period last year Not disclosed, Indicator name After-sales ratio (Industrial business, full-year forecast) / Value 32% / Year on year against the same period last year Not disclosed |
| Financial targets | ROIC Approximately 7% (full-year forecast) / ROE Mid-8% range (full-year forecast) |
| Orders received and order backlog | Orders received ¥434 100 million / Order backlog ¥3,398 100 million |
| Market Size / Share | Industry-leading share in sewage sludge incinerators (figure is Not disclosed) |
| New initiatives | Opened an overseas development center in Thailand, TSUKISHIMA HOLDINGS ASEAN R&D CENTER, Began a capital alliance with LiLz to jointly develop next-generation inspection solutions for water infrastructure using AI and robotics |
Items this document does not state (15)
Ordinary incomeGross Profit MarginSelling, general and administrative expensesResults for the three months of the current quarterUnit price and quantity metricsNumber of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan targetsAnnual DividendPayout ratioAcquisition of treasury sharesCapital expendituresKey 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.Net sales increased as projects progressed in both businesses, supported by a strong order backlog. Operating income increased because the effect of higher sales and improved profitability absorbed the increase in SG&A expenses. Net income declined because gains on the sale of investment securities decreased from the previous fiscal year. Order intake decreased as projects in the Industrial business were concentrated in the second half of the fiscal year, despite the Water Environment business securing several large projects.
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.