Results for this period
Full year1 April 2025–31 March 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.
The shaded area represents net assets as a proportion of total assets. It is calculated from the two amounts reported by the company.
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.
In Japan, sales volume of air-conditioning equipment declined, while the company captured strong demand for air-conditioning equipment installation and maintenance. Profit was adversely affected by lower equipment sales revenue and higher personnel, logistics and other costs. In Asia, sales of air-conditioning equipment and construction projects increased, but price competition in equipment sales continued.
Not applicable.
| 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 | ¥59,339 million (YoY +4.1%) |
| Operating profit | ¥9,444 million (YoY -5.4%) |
| Ordinary income | ¥10,061 million (YoY -5.2%) |
| Profit attributable to owners of the parent | ¥6,826 million (YoY -12.8%) |
| Net income per share | ¥99.59 |
| Total assets | ¥93,288 million |
| Net assets | ¥66,847 million |
| Cash flows from operating activities | ¥8,010 million |
| Cash flows from investing activities | ¥-3,772 million |
| Cash flows from financing activities | ¥-2,496 million |
| Cash and cash equivalents at end of period | ¥17,401 million |
| Full-year earnings forecast | Net Sales ¥63,000 million (YoY +6.2%) / Operating profit ¥10,000 million (YoY +5.9%) / Ordinary income ¥10,600 million (YoY +5.3%) / Profit attributable to owners of the parent ¥7,200 million (YoY +5.5%) |
| Annual Dividend Forecast | ¥50 per share → ¥50 per share（0.0%） |
| Shareholder Return Policy | The company targets a 50% dividend payout ratio and sets DOE of 3.5% as the minimum dividend level. Under its medium-term management plan, it plans to repurchase shares up to a maximum of ¥10 billion. |
| Segment revenue | Japan ¥51,332 million (YoY +3.1%) / Asia ¥8,092 million (YoY +10.9%) |
| Segment profit | Japan ¥9,535 million (YoY -6.8%) / Asia ¥-116 million |
| Regional sales | Japan ¥50,662 million / China ¥8,006 million / Other Asia ¥598 million / Other ¥72 million |
| Depreciation and amortization | ¥1,838 million |
| Impairment loss | No applicable matters. |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥75 million / Gain on liquidation of affiliates ¥34 million / Extraordinary loss Loss on Disposal of Fixed Assets ¥189 million |
| Disclosure regarding the going concern assumption | Not applicable. |
| Material subsequent events | Not applicable. |
| Factors Behind Changes in Business Performance | In Japan, sales volume of air-conditioning equipment declined, while the company captured strong demand for air-conditioning equipment installation and maintenance. Profit was adversely affected by lower equipment sales revenue and higher personnel, logistics and other costs. In Asia, sales of air-conditioning equipment and construction projects increased, but price competition in equipment sales continued. |
Items this document does not state (11)
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, profit declined due to lower equipment sales revenue, while personnel, logistics and other costs increased. In Asia, profit recognition from construction projects progressed, but intense price competition continued in equipment sales.