Worth reading
51Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Improvement
Direction inferred from the company’s description.Scale
21
Year-on-year change in operating profit (%)Wording
Conditional
How definitive the wording is.Results for this period
Full year1 April 2025–31 March 2026ConsolidatedJapanese GAAPNet Sales177,654¥ millionYear on year +8.8%Progress 88.8%
Operating profit37,648¥ millionYear on year +21.0%Progress 94.1%
Ordinary income38,130¥ millionYear on year +20.5%Progress 95.3%
Net income attributable to owners of the parent28,401¥ millionYear on year +17.6%Progress 94.7%
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¥617.74
Operating Margin21.2%
Financial position at period-end
Total assets224,867¥ million
of which net assets 142,962 ¥ millionEquity ratio 63.6%vs. prior year-end +1.4pt
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.
Cash inflows and outflows
Operating+13,099
Investment-2,743
Financials+3,118
Net change+13,474
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Cash and cash equivalents at end of period¥31,055 million
Segment revenue
Water Treatment Engineering Business151,96185.5%+10.0%
Functional Products Business25,69314.5%+2.2%
Segment profit
Water Treatment Engineering Business34,33991.2%+25.4%
Functional Products Business3,3098.8%-11.5%
Regional sales
Japan111,12862.6%
Taiwan44,22024.9%
United States9,7105.5%
China6,1853.5%
Southeast Asia5,6013.2%
Other8080.5%
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥200,000 million (YoY +12.6%)
Operating profit¥40,000 million (YoY +6.2%)
Ordinary income¥40,000 million (YoY +4.9%)
Net income¥30,000 million (YoY +5.6%)
Annual Dividend Forecast200 Yen (without taking the stock split into account) → 220 Yen (without taking the stock split into account)（+10.0%）
Payout ratio33.7%
Factors Behind Changes in Business Performance
Capital investment in advanced semiconductor equipment driven by rapidly expanding generative AI demand and investment in data centers, orders and deliveries for large-scale projects in Japan and overseas, expansion of the solutions business, progress on high-margin projects, improved profitability of overseas plant projects and cost reductions.
Disclosure regarding the going concern assumption
No applicable matters
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 Not disclosed / Excluded Number of companies 1 / Company name PT Lautan Organo Water
Material subsequent eventsAt a meeting of the Board of Directors held on 13 May 2026, the company resolved to split its common shares at a ratio of 1 share into 5 shares, with 30 September 2026 as the record date and 1 October 2026 as the effective date, and to amend its Articles of Incorporation to change the authorized number of shares.
Impairment lossNo applicable matters.
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets ¥4 million, Gain on sale of investment securities ¥150 million, Gain on sale of shares in an affiliated company ¥40 million / Extraordinary loss Loss on sale of fixed assets ¥0 million, Loss on disposal of fixed assets ¥15 million
Depreciation and amortization¥1,981 million
Orders received and order backlogOrders received ¥167,956 million / Carried-forward order backlog ¥96,503 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingAvailable (for institutional investors and analysts)
Issued Shares at Period-End46,359,700 shares
Treasury Shares at Period-End377,352 shares
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2025–31 March 2026 |
| Net Sales | ¥177,654 million (YoY +8.8%) |
| Operating profit | ¥37,648 million (YoY +21.0%) |
| Ordinary income | ¥38,130 million (YoY +20.5%) |
| Profit attributable to owners of the parent | ¥28,401 million (YoY +17.6%) |
| Net income per share | ¥617.74 |
| Operating Margin | 21.2% |
| Equity ratio | End of the current fiscal period 63.6% / End of previous period 62.2% |
| Total assets | ¥224,867 million |
| Net assets | ¥142,962 million |
| Cash flows from operating activities | ¥13,099 million |
| Cash flows from investing activities | ¥-2,743 million |
| Cash flows from financing activities | ¥3,118 million |
| Cash and cash equivalents at end of period | ¥31,055 million |
| Full-year earnings forecast | Net Sales ¥200,000 million (YoY +12.6%) / Operating profit ¥40,000 million (YoY +6.2%) / Ordinary income ¥40,000 million (YoY +4.9%) / Net income ¥30,000 million (YoY +5.6%) |
| Annual Dividend Forecast | 200 Yen (without taking the stock split into account) → 220 Yen (without taking the stock split into account)（+10.0%） |
| Payout ratio | 33.7% |
| Segment revenue | Water Treatment Engineering Business ¥151,961 million (YoY +10.0%) / Functional Products Business ¥25,693 million (YoY +2.2%) |
| Segment profit | Water Treatment Engineering Business ¥34,339 million (YoY +25.4%) / Functional Products Business ¥3,309 million (YoY -11.5%) |
| Regional sales | Japan ¥111,128 million / Taiwan ¥44,220 million / United States ¥9,710 million / China ¥6,185 million / Southeast Asia ¥5,601 million / Other ¥808 million |
| Orders received and order backlog | Orders received ¥167,956 million / Carried-forward order backlog ¥96,503 million |
| Depreciation and amortization | ¥1,981 million |
| Impairment loss | No applicable matters. |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥4 million, Gain on sale of investment securities ¥150 million, Gain on sale of shares in an affiliated company ¥40 million / Extraordinary loss Loss on sale of fixed assets ¥0 million, Loss on disposal of fixed assets ¥15 million |
| Disclosure regarding the going concern assumption | No applicable matters |
| 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 1 / Company name PT Lautan Organo Water |
| Material subsequent events | At a meeting of the Board of Directors held on 13 May 2026, the company resolved to split its common shares at a ratio of 1 share into 5 shares, with 30 September 2026 as the record date and 1 October 2026 as the effective date, and to amend its Articles of Incorporation to change the authorized number of shares. |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Available (for institutional investors and analysts) |
| Issued Shares at Period-End | 46,359,700 shares |
| Treasury Shares at Period-End | 377,352 shares |
| Factors Behind Changes in Business Performance | Capital investment in advanced semiconductor equipment driven by rapidly expanding generative AI demand and investment in data centers, orders and deliveries for large-scale projects in Japan and overseas, expansion of the solutions business, progress on high-margin projects, improved profitability of overseas plant projects and cost reductions. |
Items this document does not state (2)
Revision to Earnings ForecastShareholder Return Policy
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.Progress on advanced semiconductor-related projects driven by expanding generative AI demand and investment in data centers, expansion of the solutions business, progress on high-margin projects, improved profitability on overseas projects and cost reductions contributed to higher profits.
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.