Worth reading
44Recurring
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
-13.7
% (year-on-year change in operating income)Wording
Definitive
How definitive the wording is.Results for this period
Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAPNet Sales51,393¥ millionYear on year -1.6%Progress 41.4%
Operating profit2,719¥ millionYear on year -13.7%Progress 28.6%
Ordinary income2,732¥ millionYear on year -24.9%Progress 29.7%
Net income attributable to owners of the parent1,851¥ millionYear on year -21.4%Progress 25.7%
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¥35.00
Financial position at period-end
Total assets178,081¥ million
of which net assets 122,687 ¥ millionEquity ratio 68.9%vs. prior year-end -0.1pt
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.
Regional sales¥16,166 million (YoY +0.3%), ¥3,701 million (YoY -17.4%), ¥11,735 million (YoY +4.0%), ¥10,112 million (YoY +39.5%), ¥9,677 million (YoY -26.1%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥124,000 million (YoY +4.5%)
Operating profit¥9,500 million (YoY +1.0%)
Ordinary income¥9,200 million (YoY -14.2%)
Net income¥7,200 million (YoY -2.3%)
Revision to Earnings ForecastNo revision
Annual Dividend Forecast70 Yen → 100 Yen（+42.9%）
Factors Behind Changes in Business Performance
The continuation of the high-interest-rate environment caused capital investment demand to stagnate, resulting in a 1.6% year-on-year decline in net sales. Selling, general and administrative expenses also increased due to higher personnel expenses and M&A-related costs, among other factors.
Disclosure regarding the going concern assumption
Not applicable
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 Number of companies 0 / Company name No / Excluded Number of companies 0 / Company name No
Material subsequent eventsOn 2 October 2026, the company acquired all shares of 丸山チラー株式会社, making it a wholly owned subsidiary. On 23 October 2026, it borrowed ¥15 billion from Mizuho Bank.
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥137 million, Gain on sale of investment securities ¥56 million / Extraordinary loss Loss on sale of non-current assets ¥2 million, Loss on retirement of non-current assets ¥6 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for analysts)
Issued Shares at Period-End53,478,840
Treasury Shares at Period-End1,611,929
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2026 to 30 September 2026 |
| Net Sales | ¥51,393 million (YoY -1.6%) |
| Operating profit | ¥2,719 million (YoY -13.7%) |
| Ordinary income | ¥2,732 million (YoY -24.9%) |
| Profit attributable to owners of the parent | ¥1,851 million (YoY -21.4%) |
| Net income per share | ¥35.00 |
| Equity ratio | End of the current fiscal period 68.9 / End of previous period 69 |
| Total assets | ¥178,081 million |
| Net assets | ¥122,687 million |
| Full-year earnings forecast | Net Sales ¥124,000 million (YoY +4.5%) / Operating profit ¥9,500 million (YoY +1.0%) / Ordinary income ¥9,200 million (YoY -14.2%) / Net income ¥7,200 million (YoY -2.3%) |
| Revision to Earnings Forecast | No revision |
| Annual Dividend Forecast | 70 Yen → 100 Yen（+42.9%） |
| Regional sales | ¥16,166 million (YoY +0.3%), ¥3,701 million (YoY -17.4%), ¥11,735 million (YoY +4.0%), ¥10,112 million (YoY +39.5%), ¥9,677 million (YoY -26.1%) |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥137 million, Gain on sale of investment securities ¥56 million / Extraordinary loss Loss on sale of non-current assets ¥2 million, Loss on retirement of non-current assets ¥6 million |
| 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 No / Excluded Number of companies 0 / Company name No |
| Material subsequent events | On 2 October 2026, the company acquired all shares of 丸山チラー株式会社, making it a wholly owned subsidiary. On 23 October 2026, it borrowed ¥15 billion from Mizuho Bank. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (for analysts) |
| Issued Shares at Period-End | 53,478,840 |
| Treasury Shares at Period-End | 1,611,929 |
| Factors Behind Changes in Business Performance | The continuation of the high-interest-rate environment caused capital investment demand to stagnate, resulting in a 1.6% year-on-year decline in net sales. Selling, general and administrative expenses also increased due to higher personnel expenses and M&A-related costs, among 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 PolicySegment revenueSegment profitOrders received and order backlogDepreciation and amortizationImpairment loss
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 continuation of the high-interest-rate environment caused capital investment demand to stagnate across regions worldwide, resulting in lower net sales. In addition, selling, general and administrative expenses increased due to higher personnel expenses and M&A-related costs, among other factors.
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.