Results for this period
Interim period (second quarter)1 April 2026 to 30 September 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 shaded area represents net assets as a proportion of total assets. It is calculated from the two amounts reported by the company.
In Japan, growth in air-conditioning equipment sales, supported by a high order backlog, strong demand for air-conditioning installation and maintenance services, and higher equipment sales revenue contributed to results. In Asia, sales volumes declined due to worsening business sentiment in China and stagnation in the real estate market, while a highly price-focused business environment also had an impact.
None (the note regarding the going concern assumption states, “There are no applicable matters.”)
| 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 | ¥25,805 million (YoY -0.3%) |
| Operating profit | ¥3,281 million (YoY -8.2%) |
| Ordinary income | ¥3,756 million (YoY -3.3%) |
| Profit attributable to owners of the parent | ¥2,608 million (YoY -0.1%) |
| Total assets | ¥95,568 million |
| Net assets | ¥69,196 million |
| Revision to Earnings Forecast | No change |
| Segment revenue | Japan ¥23,440 million (YoY +4.2%), Asia ¥2,400 million (YoY -29.9%) |
| Segment profit | Japan ¥3,585 million (YoY +1.5%), Asia ¥-316 million |
| Disclosure regarding the going concern assumption | None (the note regarding the going concern assumption states, “There are no applicable matters.”) |
| Factors Behind Changes in Business Performance | In Japan, growth in air-conditioning equipment sales, supported by a high order backlog, strong demand for air-conditioning installation and maintenance services, and higher equipment sales revenue contributed to results. In Asia, sales volumes declined due to worsening business sentiment in China and stagnation in the real estate market, while a highly price-focused business environment also had an impact. |
Items this document does not state (23)
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, sales of air-conditioning equipment and demand for installation, construction and maintenance services increased, supported by a high order backlog. In Asia, sales volumes of air-conditioning equipment declined amid worsening business sentiment in China and stagnation in the real estate market. The company also cited higher personnel and logistics costs, as well as a highly competitive environment in Asia focused on pricing.