Results for this period
Interim period (second quarter)1 October 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.
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.
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ thousand).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
In the valve business, sales were recognized following the completion of periodic inspection work at Kansai Electric Power's Takahama Nuclear Power Station, Shikoku Electric Power's Ikata Nuclear Power Station, and Kyushu Electric Power's Genkai and Sendai nuclear power stations. In the electrical equipment-related business, sales including revenue from contracted construction increased. In the steelmaking business, sales to major customers declined, and an amount was also recognized as a provision for expected losses on contracts.
No applicable matters.
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 October 2025–31 March 2026 |
| Net Sales | ¥6,003 million (YoY +27.0%) |
| Operating profit | ¥839 million (YoY +339.5%) |
| Ordinary income | ¥948 million (YoY +254.7%) |
| Profit attributable to owners of the parent | ¥608 million (YoY +237.9%) |
| Net income per share | ¥259.48 |
| Equity ratio | End of the current fiscal period 75.5 / End of previous period 75 |
| Total assets | ¥17,201 million |
| Net assets | ¥12,989 million |
| Cash flows from operating activities | ¥871,434 thousand |
| Cash flows from investing activities | ¥-318,989 thousand |
| Cash flows from financing activities | ¥-126,921 thousand |
| Cash and cash equivalents at end of period | ¥2,837,276 thousand |
| Full-year earnings forecast | Net Sales ¥10,500 million (YoY +3.1%) / Operating profit ¥700 million (YoY +17.5%) / Ordinary income ¥750 million (YoY +3.5%) / Net income ¥520 million (YoY -13.0%) |
| Revision to Earnings Forecast | No |
| Annual Dividend Forecast | ¥40 → ¥40（0.0%） |
| Segment revenue | Valve business ¥4,231,930 thousand (YoY +42.7%), Steelmaking business ¥603,716 thousand (YoY -17.3%), Electrical equipment-related business ¥1,035,657 thousand (YoY +8.2%) |
| Segment profit | Valve business ¥1,026,748 thousand (YoY +168.1%), Steelmaking business ¥-48,733 thousand, Electrical equipment-related business ¥265,964 thousand (YoY +25.9%) |
| Orders received and order backlog | Orders received ¥6,869,032 thousand (YoY +10.4%) / Order backlog ¥8,094,377 thousand |
| Depreciation and amortization | ¥197,318 thousand |
| Impairment loss | No applicable matters. |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets ¥33 thousand / Extraordinary loss Losses on disposal of fixed assets ¥106 thousand |
| 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 0 companies / Excluded 0 companies / Company name Not disclosed |
| Availability of Supplementary Financial Results Materials | No |
| Availability of Financial Results Briefing | None (対象者：Not applicable) |
| Issued Shares at Period-End | 2,461,600 |
| Treasury Shares at Period-End | 115,815 |
| Factors Behind Changes in Business Performance | In the valve business, sales were recognized following the completion of periodic inspection work at Kansai Electric Power's Takahama Nuclear Power Station, Shikoku Electric Power's Ikata Nuclear Power Station, and Kyushu Electric Power's Genkai and Sendai nuclear power stations. In the electrical equipment-related business, sales including revenue from contracted construction increased. In the steelmaking business, sales to major customers declined, and an amount was also recognized as a provision for expected losses on contracts. |
Items this document does not state (5)
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.Sales were recognized following the completion of periodic inspection work at Kansai Electric Power's Takahama Nuclear Power Station, Shikoku Electric Power's Ikata Nuclear Power Station, and Kyushu Electric Power's Genkai and Sendai nuclear power stations, while the electrical equipment-related business also reported higher sales. Higher sales in the valve business and electrical equipment-related business also contributed to the increase in operating profit.